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Dipropylene Glycol (DPG) Market By Grade (Industrial Grade, Cosmetic Grade); By Application (Perfumes, Plasticizers, Insecticides, Polymerization Initiator, Paints & Coatings, Others); By End User Industry (Cosmetics & Personal Care, Chemicals & Plastics, Pharmaceuticals, Others) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

Name: Dipropylene Glycol (DPG) Market - Demand, Size and Competitive Analysis
Creator: Credence Research Inc.
Published: 2025-09-26
License: https://www.credenceresearch.com/info/privacy-policy
Keywords: Dipropylene Glycol (DPG) Market

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Market Overview:

The Dipropylene Glycol (DPG) market size was valued at USD 2,605.03 million in 2018, reaching USD 4,015.08 million in 2024, and is anticipated to attain USD 7,376.96 million by 2032, growing at a CAGR of 7.36% during the forecast period.

REPORT ATTRIBUTE	DETAILS
Historical Period	2020-2023
Base Year	2024
Forecast Period	2025-2032
Dipropylene Glycol (DPG) Market Size 2024	USD 4,015.08 million
Dipropylene Glycol (DPG) Market, CAGR	7.36%
Dipropylene Glycol (DPG) Market Size 2032	USD 7,376.96 million

The dipropylene glycol (DPG) market is led by global chemical giants such as The Dow Chemical Company, BASF SE, LyondellBasell Industries, Huntsman Corporation, and Shell Chemicals, alongside regional players including Wacker Chemie AG, Eastman Chemical Company, Sasol Limited, Ashland Global Holdings Inc., and SABIC. These companies collectively dominate the supply landscape through broad product portfolios, advanced R&D capabilities, and robust distribution networks. Asia Pacific emerged as the leading region in 2024, capturing nearly 44% of the global market share, driven by expanding cosmetics, personal care, and plastics industries across China, India, and South Korea. North America followed with around 29% share, supported by strong demand in fragrances and coatings, while Europe held about 17.5% share, anchored by its mature perfume and personal care industries. This regional concentration underscores the combined influence of multinational producers and regional demand dynamics in shaping global DPG market growth.

Dipropylene Glycol (DPG) Market size

Market Insights

The Dipropylene Glycol (DPG) market was valued at USD 2,605.03 million in 2018, reached USD 4,015.08 million in 2024, and is projected to attain USD 7,376.96 million by 2032, expanding at a CAGR of 7.36%.
Strong demand from the cosmetics and personal care sector, where DPG is used in perfumes, lotions, and deodorants, remains the primary driver, supported by industrial-grade applications in coatings, plasticizers, and resins.
A key trend is the rising adoption of cosmetic-grade DPG in premium perfumes and skincare, while sustainability efforts are pushing innovation in bio-based glycol formulations to meet regulatory and consumer expectations.
The market is moderately consolidated with players such as Dow, BASF, Huntsman, LyondellBasell, and Shell Chemicals, focusing on product innovation, capacity expansion, and sustainability to strengthen competitiveness.
Asia Pacific led with 44% share in 2024, followed by North America at 29% and Europe at 17.5%, while cosmetics & personal care held the dominant end-use segment with over 40% share.

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Market Segmentation Analysis:

By Grade

The industrial grade segment dominated the dipropylene glycol market in 2024, accounting for over 60% of the market share. Its dominance is supported by widespread applications in resins, plasticizers, and coatings, where consistent performance and cost-effectiveness are essential. The segment benefits from strong demand in the chemicals and plastics industry, which continues to expand in emerging economies. Cosmetic grade dipropylene glycol also holds a significant share, driven by its high purity and low toxicity, making it widely used in fragrances and skincare products.

For instance, in 2023, Dow expanded its production capacity for glycols, including those used to create glycol ethers like dipropylene glycol, to serve industrial and cosmetic markets worldwide.

By Application

Among applications, the perfumes segment led the market in 2024 with nearly 35% share. Dipropylene glycol is highly valued in perfumery due to its excellent solvency, stability, and ability to retain fragrance notes over time. Rising global demand for premium and mass-market perfumes across Europe, Asia-Pacific, and the Middle East drives this dominance. Other applications such as plasticizers and paints & coatings contribute notable shares, supported by industrial manufacturing growth, while insecticides and polymerization initiators remain niche yet steadily expanding applications.

For instance, BASF is a significant supplier of dipropylene glycol for fragrance and cosmetic formulation customers, among other industries.

By End User Industry

The cosmetics and personal care industry held the largest share of the dipropylene glycol market in 2024, capturing over 40% of total demand. The segment’s leadership stems from increasing use of DPG in lotions, deodorants, and hair care products due to its safety and compatibility with active ingredients. Expanding consumer spending on beauty and hygiene products, particularly in Asia-Pacific, supports growth in this category. Chemicals and plastics followed closely, driven by DPG’s role in producing resins and intermediates, while pharmaceuticals and other industries continue to expand their consumption steadily.

Market Overview

Rising Demand from Cosmetics and Personal Care Industry

The cosmetics and personal care sector represents the largest consumer of dipropylene glycol, driving consistent market growth. Its wide use in perfumes, deodorants, lotions, and hair care products stems from its stability, low toxicity, and excellent solvency properties. The global fragrance industry alone surpassed 52 billion units in annual production by 2024, creating substantial demand for DPG as a key carrier and solvent. Expanding middle-class populations in Asia-Pacific and Latin America are fueling higher spending on beauty and hygiene products, further strengthening this segment. Moreover, the rising shift toward high-quality, skin-friendly formulations increases the adoption of cosmetic-grade DPG, ensuring long-term consumption.

For instance, BASF is a known supplier of dipropylene glycol (DPG), which is a common solvent used in the fragrance industry. Companies like Givaudan and Firmenich are major global fragrance manufacturers that utilize such ingredients in their products.

Expanding Applications in Industrial Manufacturing

Industrial-grade dipropylene glycol continues to gain momentum due to its diverse applications across coatings, plasticizers, resins, and polymerization initiators. In 2024, industrial use accounted for more than 60% of global demand, underscoring its critical role in chemical production. The steady growth of the paints and coatings industry, valued at over USD 190 billion globally, is a major contributor to DPG consumption. Its stability and compatibility with other compounds make it an essential raw material in manufacturing sectors. Demand is further supported by the increasing shift toward performance-driven coatings and adhesives for automotive, construction, and packaging applications, ensuring that industrial-grade DPG remains a dominant growth driver.

For instance, following its acquisition of LyondellBasell’s Bayport, Texas facility in late 2023, INEOS acquired the site’s 165,000 metric tons per year capacity for glycol ethers. This production helps supply industrial customers for use in applications like coatings and polymer manufacturing across North America.

Growth in Pharmaceutical and Healthcare Applications

The pharmaceutical industry has emerged as a secondary but promising growth driver for the dipropylene glycol market. DPG is used as a solvent in drug formulations, ointments, and topical applications due to its safety profile and low irritation potential. Rising demand for over-the-counter (OTC) medicines and skin treatments, particularly in emerging markets, has expanded pharmaceutical-grade consumption. The global pharmaceutical market crossed USD 1.5 trillion in 2023, and consistent innovation in drug delivery systems strengthens the role of DPG. Increasing adoption of glycol-based solvents for patient-friendly formulations ensures a reliable growth avenue, making healthcare a steadily expanding contributor to overall demand.

Key Trends & Opportunities

Sustainability and Bio-Based Alternatives

Sustainability has become a key focus for manufacturers, leading to innovation in bio-based glycol production. Companies are investing in greener processes that minimize carbon emissions and reduce reliance on petrochemical feedstocks. For instance, efforts to integrate renewable raw materials in glycol synthesis create opportunities for environmentally friendly product lines, particularly in cosmetics where consumers increasingly prefer sustainable products. This trend is shaping new opportunities for market participants to differentiate through eco-friendly grades of DPG.

For instance, in 2023, ORLEN Południe produced 30,000 metric tons of renewable propylene glycol (BioPG), a type of bio-based glycol, at its plant in Poland using BASF’s proprietary technology.

Rising Demand in Emerging Economies

Developing markets across Asia-Pacific, the Middle East, and Latin America are witnessing a surge in demand for perfumes, cosmetics, and industrial coatings. Rapid urbanization, expanding disposable incomes, and a growing middle class are fueling consumption of consumer goods that rely heavily on dipropylene glycol. Asia-Pacific already holds the largest share of global demand, supported by strong manufacturing bases in China, India, and South Korea. These regions present untapped opportunities for manufacturers to expand capacity and cater to fast-growing local demand.

Key Challenges

Price Volatility of Raw Materials

Dipropylene glycol is primarily derived from propylene oxide, a petrochemical feedstock highly sensitive to fluctuations in crude oil prices. Volatility in upstream supply significantly affects production costs and profit margins for DPG producers. For example, sharp swings in oil prices during 2022 and 2023 created instability in glycol pricing across key markets. This dependence on fossil-based raw materials poses a structural challenge, limiting cost predictability and creating barriers for long-term supply agreements.

Stringent Environmental Regulations

Growing regulatory scrutiny over petrochemical-based solvents creates compliance challenges for DPG manufacturers. Environmental bodies in Europe and North America have introduced stricter emissions and product safety guidelines, increasing costs for producers. Compliance requires investment in advanced production technologies and sustainable processes, which can raise capital expenditure. Additionally, the shift toward bio-based substitutes in cosmetics and pharmaceuticals puts competitive pressure on conventional producers. This regulatory landscape may hinder market growth for traditional DPG products if companies fail to adapt to evolving standards.

Regional Analysis

North America

North America accounted for nearly 29% of the global dipropylene glycol market in 2024, with revenues rising from USD 774.59 million in 2018 to USD 1,175.66 million in 2024. The market is projected to reach USD 2,168.90 million by 2032, expanding at a CAGR of 7.4%. Strong demand from cosmetics, pharmaceuticals, and coatings industries drives this growth. The U.S. remains the leading contributor, supported by high consumer spending on personal care and established industrial applications. Regulatory focus on safe formulations and innovation in fragrance products further strengthens the region’s market presence.

Europe

Europe represented about 17.5% of global market share in 2024, increasing from USD 482.54 million in 2018 to USD 702.67 million in 2024. By 2032, the market is expected to reach USD 1,172.99 million, registering a CAGR of 6.1%. Growth is supported by robust demand for perfumes, skincare, and pharmaceutical formulations, particularly in France, Germany, and Italy. Europe’s strong fragrance industry creates significant opportunities for cosmetic-grade DPG. However, stringent regulations on petrochemical solvents encourage producers to adopt sustainable practices. Despite regulatory challenges, high consumer preference for premium products continues to sustain market expansion.

Asia Pacific

Asia Pacific dominated the dipropylene glycol market in 2024, capturing nearly 44% share, with revenues growing from USD 1,113.54 million in 2018 to USD 1,781.05 million in 2024. By 2032, the market is forecast to reach USD 3,476.25 million, the highest regional value, at a CAGR of 8.2%. This strong performance is driven by expanding cosmetics, plastics, and industrial coatings industries across China, India, South Korea, and Japan. Rapid urbanization, rising disposable incomes, and an expanding middle class fuel consumption in personal care products. The region’s manufacturing capacity and export orientation further reinforce its global leadership.

Latin America

Latin America held around 4.4% of the global DPG market in 2024, with values increasing from USD 117.84 million in 2018 to USD 179.26 million in 2024. The market is projected to reach USD 289.82 million by 2032, growing at a CAGR of 5.6%. Brazil and Mexico are the primary contributors, driven by expanding cosmetics and personal care industries. Rising consumer demand for affordable fragrances and skincare products supports adoption of cosmetic-grade DPG. Industrial uses such as coatings and plasticizers also play a role, though growth remains moderate compared to Asia-Pacific and North America.

Middle East

The Middle East accounted for about 2.6% market share in 2024, with values increasing from USD 75.87 million in 2018 to USD 107.27 million in 2024. By 2032, the market is projected to reach USD 167.58 million, at a CAGR of 5.2%. Rising demand for perfumes and luxury fragrances, particularly in Saudi Arabia and the UAE, drives growth in the region. Strong cultural preference for premium fragrances enhances demand for cosmetic-grade dipropylene glycol. Industrial demand remains limited but is gradually expanding through investments in manufacturing and petrochemicals, creating additional opportunities for suppliers.

Africa

Africa represented nearly 1.7% of the global market share in 2024, with revenues increasing from USD 40.66 million in 2018 to USD 69.17 million in 2024. The market is expected to reach USD 101.42 million by 2032, recording a CAGR of 4.3%, the slowest among all regions. Growth is primarily supported by demand for personal care and household products in South Africa, Nigeria, and Egypt. Limited industrial infrastructure constrains large-scale applications, but rising urbanization and increasing consumer spending on affordable cosmetics provide moderate growth prospects for the region.

Market Segmentations:

By Grade

Industrial Grade
Cosmetic Grade

By Application

Perfumes
Plasticizers
Insecticides
Polymerization Initiator
Paints & Coatings
Others

By End User Industry

Cosmetics & Personal Care
Chemicals & Plastics
Pharmaceuticals
Others

By Geography

North America
- U.S.
- Canada
- Mexico
Europe
- UK
- France
- Germany
- Italy
- Spain
- Russia
- Belgium
- Netherlands
- Austria
- Sweden
- Poland
- Denmark
- Switzerland
- Rest of Europe
Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Thailand
- Indonesia
- Vietnam
- Malaysia
- Philippines
- Taiwan
- Rest of Asia Pacific
Latin America
- Brazil
- Argentina
- Peru
- Chile
- Colombia
- Rest of Latin America
Middle East
- UAE
- KSA
- Israel
- Turkey
- Iran
- Rest of Middle East
Africa
- Egypt
- Nigeria
- Algeria
- Morocco
- Rest of Africa

Competitive Landscape

The dipropylene glycol market is moderately consolidated, with leading global chemical companies holding a significant share through extensive product portfolios and strong regional presence. Major players include The Dow Chemical Company, BASF SE, LyondellBasell Industries, Huntsman Corporation, Shell Chemicals, Ashland Global Holdings Inc., Eastman Chemical Company, Wacker Chemie AG, Sasol Limited, and SABIC. These companies focus on expanding production capacities, strengthening supply chains, and adopting sustainable manufacturing practices to remain competitive. Strategic initiatives such as mergers, acquisitions, and partnerships enhance market reach and technical expertise. For instance, the growing demand for cosmetic-grade DPG has encouraged companies to prioritize high-purity formulations catering to personal care and fragrance industries. Meanwhile, industrial-grade demand supports continuous innovation in coatings and plastics applications. Intense competition drives continuous investment in research and development, enabling manufacturers to meet evolving regulatory standards and sustainability goals. This competitive environment ensures steady product advancement and diverse applications across end-use industries.

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Key Player Analysis

The Dow Chemical Company
BASF SE
LyondellBasell Industries
Huntsman Corporation
Shell Chemicals
Ashland Global Holdings Inc.
Eastman Chemical Company
Wacker Chemie AG
Sasol Limited
SABIC

Recent Developments

In March 2024, Dow (NYSE: DOW) introduced two new sustainable propylene glycol (PG) solutions in the North American market, which were developed using bio-circular and circular feedstocks. These innovative products are designed for a wide range of applications and allow customers to deliver high-performance offerings with verified sustainability credentials through a mass balance approach.
in 2023, BASF announced plans to invest USD 100 million to increase its DPG production capacity in China. Additionally, the growing adoption of bio-based DPG, driven by environmental concerns and government regulations, is expected to create new opportunities in the market.

Report Coverage

The research report offers an in-depth analysis based on Grade, Application, End User Industry and Geography. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.

Future Outlook

The dipropylene glycol market will expand steadily with rising demand in cosmetics and personal care.
Industrial-grade applications in coatings, resins, and plasticizers will continue to drive bulk consumption.
Cosmetic-grade demand will rise as perfumes and skincare products see strong global growth.
Pharmaceutical applications will increase as DPG is used in safe drug formulations and ointments.
Sustainability efforts will push producers toward bio-based and low-carbon manufacturing processes.
Regulatory compliance will shape product innovation, especially in Europe and North America.
Asia Pacific will remain the largest market, supported by strong manufacturing and consumer growth.
North America and Europe will show steady demand, driven by fragrances and coatings.
Competition among global players will intensify, leading to R&D investment in new formulations.
Emerging economies in Latin America and Africa will provide long-term opportunities through rising consumer spending.

CHAPTER NO. 1: GENESIS OF THE MARKET

1.1 Market Prelude – Introduction & Scope

1.2 The Big Picture – Objectives & Vision

1.3 Strategic Edge – Unique Value Proposition

1.4 Stakeholder Compass – Key Beneficiaries

CHAPTER NO. 2: EXECUTIVE LENS

2.1 Pulse of the Industry – Market Snapshot

2.2 Growth Arc – Revenue Projections (USD Million)

2.3. Premium Insights – Based on Primary Interviews

CHAPTER NO. 3: DIPROPYLENE GLYCOL(DPG) MARKET FORCES & INDUSTRY PULSE

3.1 Foundations of Change – Market Overview
3.2 Catalysts of Expansion – Key Market Drivers
3.2.1 Momentum Boosters – Growth Triggers
3.2.2 Innovation Fuel – Disruptive Technologies
3.3 Headwinds & Crosswinds – Market Restraints
3.3.1 Regulatory Tides – Compliance Challenges
3.3.2 Economic Frictions – Inflationary Pressures
3.4 Untapped Horizons – Growth Potential & Opportunities
3.5 Strategic Navigation – Industry Frameworks
3.5.1 Market Equilibrium – Porter’s Five Forces
3.5.2 Ecosystem Dynamics – Value Chain Analysis
3.5.3 Macro Forces – PESTEL Breakdown

3.6 Price Trend Analysis

3.6.1 Regional Price Trend
3.6.2 Price Trend by Product

CHAPTER NO. 4: KEY INVESTMENT EPICENTER

4.1 Regional Goldmines – High-Growth Geographies

4.2 Product Frontiers – Lucrative Product Categories

4.3 Application Sweet Spots – Emerging Demand Segments

CHAPTER NO. 5: REVENUE TRAJECTORY & WEALTH MAPPING

5.1 Momentum Metrics – Forecast & Growth Curves

5.2 Regional Revenue Footprint – Market Share Insights

5.3 Segmental Wealth Flow – Grade & End User Industry Revenue

CHAPTER NO. 6: TRADE & COMMERCE ANALYSIS

6.1. Import Analysis by Region

6.1.1. Global Dipropylene Glycol(DPG) Import Revenue By Region

6.2. Export Analysis by Region

6.2.1. Global Dipropylene Glycol(DPG) Export Revenue By Region

CHAPTER NO. 7: COMPETITION ANALYSIS

7.1. Company Market Share Analysis

7.1.1. Global Dipropylene Glycol(DPG): Company Market Share

7.2. Global Dipropylene Glycol(DPG) Company Revenue Market Share

7.3. Strategic Developments

7.3.1. Acquisitions & Mergers

7.3.2. New Product Launch

7.3.3. Regional Expansion

7.4. Competitive Dashboard

7.5. Company Assessment Metrics, 2024

CHAPTER NO. 8: DIPROPYLENE GLYCOL(DPG) MARKET – BY GRADE SEGMENT ANALYSIS

8.1. Dipropylene Glycol(DPG) Overview by Grade Segment

8.1.1. Dipropylene Glycol(DPG) Revenue Share By Grade

8.2. Industrial Grade

8.3. Cosmetic Grade

CHAPTER NO. 9: DIPROPYLENE GLYCOL(DPG) MARKET – BY APPLICATION SEGMENT ANALYSIS

9.1. Dipropylene Glycol(DPG) Overview by Application Segment

9.1.1. Dipropylene Glycol(DPG) Revenue Share By Application

9.2. Perfumes

9.3. Plasticizers

9.4. Insecticides

9.5. Polymerization Initiator

9.6. Paints & Coatings

9.7. Others

CHAPTER NO. 10: DIPROPYLENE GLYCOL(DPG) MARKET – BY END USER INDUSTRY SEGMENT ANALYSIS

10.1. Dipropylene Glycol(DPG) Overview by End User Industry Segment

10.1.1. Dipropylene Glycol(DPG) Revenue Share By End User Industry

10.2. Cosmetics & Personal Care

10.3. Chemicals & Plastics

10.4. Pharmaceuticals

10.5. Others

CHAPTER NO. 11: DIPROPYLENE GLYCOL(DPG) MARKET – REGIONAL ANALYSIS

11.1. Dipropylene Glycol(DPG) Overview by Region Segment

11.1.1. Global Dipropylene Glycol(DPG) Revenue Share By Region

11.1.2. Regions

11.1.3. Global Dipropylene Glycol(DPG) Revenue By Region

11.1.4. Grade

11.1.5. Global Dipropylene Glycol(DPG) Revenue By Grade

11.1.6. Application

11.1.7. Global Dipropylene Glycol(DPG) Revenue By Application

11.1.8. End User Industry

11.1.9. Global Dipropylene Glycol(DPG) Revenue By End User Industry

CHAPTER NO. 12: NORTH AMERICA DIPROPYLENE GLYCOL(DPG) MARKET – COUNTRY ANALYSIS

12.1. North America Dipropylene Glycol(DPG) Overview by Country Segment

12.1.1. North America Dipropylene Glycol(DPG) Revenue Share By Region

12.2. North America

12.2.1. North America Dipropylene Glycol(DPG) Revenue By Country

12.2.2. Grade

12.2.3. North America Dipropylene Glycol(DPG) Revenue By Grade

12.2.4. Application

12.2.5. North America Dipropylene Glycol(DPG) Revenue By Application

12.2.6. End User Industry

12.2.7. North America Dipropylene Glycol(DPG) Revenue By End User Industry

2.3. U.S.

12.4. Canada

12.5. Mexico

CHAPTER NO. 13: EUROPE DIPROPYLENE GLYCOL(DPG) MARKET – COUNTRY ANALYSIS

13.1. Europe Dipropylene Glycol(DPG) Overview by Country Segment

13.1.1. Europe Dipropylene Glycol(DPG) Revenue Share By Region

13.2. Europe

13.2.1. Europe Dipropylene Glycol(DPG) Revenue By Country

13.2.2. Grade

13.2.3. Europe Dipropylene Glycol(DPG) Revenue By Grade

13.2.4. Application

13.2.5. Europe Dipropylene Glycol(DPG) Revenue By Application

13.2.6. End User Industry

13.2.7. Europe Dipropylene Glycol(DPG) Revenue By End User Industry

13.3. UK

13.4. France

13.5. Germany

13.6. Italy

13.7. Spain

13.8. Russia

13.9. Rest of Europe

CHAPTER NO. 14: ASIA PACIFIC DIPROPYLENE GLYCOL(DPG) MARKET – COUNTRY ANALYSIS

14.1. Asia Pacific Dipropylene Glycol(DPG) Overview by Country Segment

14.1.1. Asia Pacific Dipropylene Glycol(DPG) Revenue Share By Region

14.2. Asia Pacific

14.2.1. Asia Pacific Dipropylene Glycol(DPG) Revenue By Country

14.2.2. Grade

14.2.3. Asia Pacific Dipropylene Glycol(DPG) Revenue By Grade

14.2.4. Application

14.2.5. Asia Pacific Dipropylene Glycol(DPG) Revenue By Application

14.2.5. End User Industry

14.2.7. Asia Pacific Dipropylene Glycol(DPG) Revenue By End User Industry

14.3. China

14.4. Japan

14.5. South Korea

14.6. India

14.7. Australia

14.8. Southeast Asia

14.9. Rest of Asia Pacific

CHAPTER NO. 15: LATIN AMERICA DIPROPYLENE GLYCOL(DPG) MARKET – COUNTRY ANALYSIS

15.1. Latin America Dipropylene Glycol(DPG) Overview by Country Segment

15.1.1. Latin America Dipropylene Glycol(DPG) Revenue Share By Region

15.2. Latin America

15.2.1. Latin America Dipropylene Glycol(DPG) Revenue By Country

15.2.2. Grade

15.2.3. Latin America Dipropylene Glycol(DPG) Revenue By Grade

15.2.4. Application

15.2.5. Latin America Dipropylene Glycol(DPG) Revenue By Application

15.2.6. End User Industry

15.2.7. Latin America Dipropylene Glycol(DPG) Revenue By End User Industry

15.3. Brazil

15.4. Argentina

15.5. Rest of Latin America

CHAPTER NO. 16: MIDDLE EAST DIPROPYLENE GLYCOL(DPG) MARKET – COUNTRY ANALYSIS

16.1. Middle East Dipropylene Glycol(DPG) Overview by Country Segment

16.1.1. Middle East Dipropylene Glycol(DPG) Revenue Share By Region

16.2. Middle East

16.2.1. Middle East Dipropylene Glycol(DPG) Revenue By Country

16.2.2. Grade

16.2.3. Middle East Dipropylene Glycol(DPG) Revenue By Grade

16.2.4. Application

16.2.5. Middle East Dipropylene Glycol(DPG) Revenue By Application

16.2.6. End User Industry

16.2.7. Middle East Dipropylene Glycol(DPG) Revenue By End User Industry

16.3. GCC Countries

16.4. Israel

16.5. Turkey

16.6. Rest of Middle East

CHAPTER NO. 17: AFRICA DIPROPYLENE GLYCOL(DPG) MARKET – COUNTRY ANALYSIS

17.1. Africa Dipropylene Glycol(DPG) Overview by Country Segment

17.1.1. Africa Dipropylene Glycol(DPG) Revenue Share By Region

17.2. Africa

17.2.1. Africa Dipropylene Glycol(DPG) Revenue By Country

17.2.2. Grade

17.2.3. Africa Dipropylene Glycol(DPG) Revenue By Grade

17.2.4. Application

17.2.5. Africa Dipropylene Glycol(DPG) Revenue By Application

17.2.6. End User Industry

17.2.7. Africa Dipropylene Glycol(DPG) Revenue By End User Industry

17.3. South Africa

17.4. Egypt

17.5. Rest of Africa

CHAPTER NO. 18: COMPANY PROFILES

18.1. The Dow Chemical Company

18.1.1. Company Overview

18.1.2. Product Portfolio

18.1.3. Financial Overview

18.1.4. Recent Developments

18.1.5. Growth Strategy

18.1.6. SWOT Analysis

18.2. BASF SE

18.3. LyondellBasell Industries

18.4. Huntsman Corporation

18.5. Shell Chemicals

18.6. Ashland Global Holdings Inc.

18.7. Eastman Chemical Company

18.8. Wacker Chemie AG

18.9. Sasol Limited

18.10. SABIC

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Frequently Asked Questions

What is the current market size for Dipropylene Glycol (DPG) market, and what is its projected size in 2032?

The market size reached USD 4,015.08 million in 2024 and is projected at USD 7,376.96 million by 2032.

At what Compound Annual Growth Rate is the Dipropylene Glycol (DPG) market projected to grow between 2025 and 2032?

The market is expected to grow at a CAGR of 7.36% during the forecast period.

Which Dipropylene Glycol (DPG) market segment held the largest share in 2024?

The industrial grade segment dominated in 2024, accounting for over 60% of the market share.

What are the primary factors fueling the growth of the Dipropylene Glycol (DPG) market?

Key drivers include strong demand from cosmetics and personal care, alongside expanding industrial applications.

Who are the leading companies in the Dipropylene Glycol (DPG) market?

Major players include Dow, BASF, LyondellBasell, Huntsman, Shell Chemicals, and SABIC.

About Author

Shweta Bisht

Healthcare & Biotech Analyst

Shweta is a healthcare and biotech researcher with strong analytical skills in chemical and agri domains.

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The Disinfectant Chemicals market size was valued at USD 3,496.04 million in 2018 and grew to USD 4,360.07 million in 2024. It is anticipated to reach USD 5,806.65 million by 2032, at a CAGR of 3.39% during the forecast period.

Melamine Polyphosphate Market

The Global Melamine Polyphosphate market size was valued at USD 237.2 million in 2018, increasing to USD 336.6 million in 2024, and is anticipated to reach USD 591.5 million by 2032, at a CAGR of 7.40% during the forecast period.

Iron Chloride Market

The Iron Chloride market size was valued at USD 5,590.0 million in 2018, increasing to USD 6,543.95 million in 2024, and is anticipated to reach USD 10,362.48 million by 2032, at a CAGR of 5.96% during the forecast period.

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The report was an excellent overview of the Industrial Burners market. This report does a great job of breaking everything down into manageable chunks.

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