Intratec provides Propylene Glycol pricing data, covering current prices and 13 years of historical data. Unfortunately, we are experiencing a repeat of what transpired with the propylene market in 2017 although the price then increased + 20 cpp. Here you can view your reports and also access other useful services including related news, analysis, historical data and market alerts. MPG operating rates increased further in Q3, although producers kept a careful eye on inventories and demand and increased rates at different times during the quarter. We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Propylene Glycol Market Price, Trends, Growth, Report & Forecast 2020-2025 Posted on March 18, 2020 May 5, 2020 Author admin Comment(0) According to a new report by EMR titled, ‘Global Propylene Glycol Market Report and Forecast 2020-2025, the global propylene glycol reached a volume of 2.72 million metric tons in 2019. PROPYLENE GLYCOL … 4. DPG demand was generally slow, while MPG USP demand remained below Q1 highs. Find out more about ICIS chemicals forecast reports >>, Find out more about ICIS fertilizers forecast reports >>. 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Mono propylene glycol (MPG) otherwise referred to as propylene glycol (PG), is a clear, colourless, odourless, hygroscopic, viscous liquid. Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and consumer purchase behaviours. See a sample below or register for free to see much more. ICIS is part of the LexisNexis® Risk Solutions Group portfolio of brands. 3. The price assessments cover spot markets in Asia and Europe, while in the US, contract prices are published. We offer the following regional Monopropylene glycol analysis and news coverage to keep you informed of factors and developments affecting prices in the Monopropylene glycol marketplace. PG is used in the manufacture of high performance unsaturated polyester resins (UPR), as well as engine coolants, antifreeze applications, aircraft wing and runway de-icer, food, pharmaceuticals and personal care products, and paints/coatings. 10.1 Global Market Size by Application. You can discover details including top producing & exporting countries, real-time market prices, local product varieties, seasonality, production & export volumes, and more. It is commonly produced from propylene oxide industrially. Find out more about ICIS training courses >>. ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Propylene glycol market prices forecast up to 2022 6. As with many other petrochemicals, MPG hit a trough at the start of Q2 and slowly rebounded in the following months as portions of the economy began to reopen. 10.2.3 Social Factors. Forecast CAGR (2020-2025): 4.4% Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking. Integrated PO producers appeared to favour higher-priced polyols rather than MPG. Buy online today! Middle East and Africa Propylene Glycol Market Size, Price Trends, Overview, Report 2020-2025 Posted on February 7, 2020 May 5, 2020 Author admin Comment(0) According to a new report by EMR titled, ‘Global Propylene Glycol Market Report and Forecast 2020-2025, the global propylene glycol reached a volume of 2.72 million metric tons in 2019. Independent price assessments and market coverage by region, More information about the historical price data we publish on Monopropylene glycol PROPYLENE GLYCOL FEEDSTOCK MARKET 8. Propylene Glycol (PG) 2020 World Market Outlook and Forecast up to 2029 grants access to the unique data on the examined market. Global propylene glycol market expected to reach USD 5.8 billion by 2025, at a CAGR of 5.8% between 2019 and 2025. Others, 1. There were more enquiries from other regions as the global market tightened. Explore full report with table of contents@ https://www.expertmarketresearch.com/reports/propylene-glycol-market. The hurricane hit the area on 27 August and caused long-term power outages. 6. MPG demand increased in Q3, particularly in the final month of the quarter. Liquid Detergent Propylene Glycol Market size is expected to grow significantly over the forecast period as it is used extensively in various sectors such as food & beverage, home & personal care. 3. Manufacturers 1,3-Propylene Glycol Sales Sites and Area Served Table 11. 24-hour global coverage of breaking news in the petrochemical industry, including updates on production, shutdowns and key transacted deals, keeping you informed of market developments as they happen. Explore detailed information about the global Propylene Glycol markets. Track historical price data. The last month of Q3 saw a jump in enquiries as the market appeared to tighten and customers shopped around to secure volumes. This equates to a PGP price of 59.0 cpp and a CGP price of 57.5 cpp. The Supply and Demand Window on the ICIS Dashboard provides a snapshot view of historical and forecast information for supply and demand, production capacity and trade flows – a key tool to help safeguard future investments within the chemicals market. Over 25 years of reporting on key chemicals markets, including Monopropylene glycol, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Asia Pacific. Global Market 1,3-Propylene Glycol Average Price (USD/MT) of Key Manufacturers (2015-2020) Table 10. Price Glycol Factory Supplier Price Skincare Organic Ingredients 2 3-Butylene Glycol Butanediol 24Months Shelflie US $3.22-$5.50 / Kilogram 200 Kilograms (Min Order) ICIS pricing intelligence is delivered to you online via the ICIS dashboard. Find out more about ICIS consulting services >>. Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. Reference price of PROPYLENE is 1221.495USD/MT, down 0.12% from 1222.995USD/MT on 2020-12-17. Historical Market Size (2019): 2.72 million metric tons Demand struggled for industrial-grade material for much of Q3. Market is expected to achieve a healthy CAGR of 5.36% during the forecast period. The propylene glycol price index depends on its primary feedstock, propylene and glycerine prices. See a … Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation. We use cookies to improve the performance of our site, to analyse the traffic to our site, and to personalise your experience of the site. Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis. 2. Latin America Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic. For the balance of Q1, we expect pricing to go up another 2 – 3 cpp. Informes de Expertos (https://informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish-speaking countries. As climate change exacerbates, it is predicted that propylene glycol may show increased demand especially in Europe and North America due to its use as a de-icing and anti-freezing agent. Functional Fluids Also Read@ Impact of COVID-19 on Global Polypropylene Market. Propylene glycol finds extensive application in the following industries: 1. Paints and Coating The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. 11 Market Dynamics and Channel Analysis. Demand Market Outlook Propylene, Propylene oxide (PO), Methanol. 4. The increasing population in the region, accompanied by increasing construction spending in the developing markets of China, India, and South Korea, is projected to make this region an ideal destination for the propylene glycol industry. 2. At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. Also covered, propylene glycol ethers for the European market. Other producers, far from the path of Hurricane Laura, also had shortages since there was not as much inventory from earlier in the summer, compared with other years. 10.2.1 Price Factor. The intelligence within the reports, gathered from across the markets by our locall- based reporters, will allow you to make informed and confident business decisions. Breaking news of latest developments affecting the markets. Propylene glycol (PG) market plant capacity, production, operating efficiency, demand & supply, end use, grade, distribution channel. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models. According to a new report by Expert Market Research titled, ‘Global Propylene Glycol Market Report and Forecast 2020-2025, the global propylene glycol reached a volume of 2.72 million metric tons in 2019.The global propylene glycol market is expected to grow at a CAGR of 4.4% between 2020 and 2025 to reach a volume of approximately 3.5 million metric tons by 2025. In the electronics industry, they are used with other solvents in the manufacture of laminates and semiconductor processes for making circuit boards. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments. Unsaturated Polyester Resins Global propylene glycol market is expected to rise to an estimated value of USD 2,382.59 million by 2026, registering a substantial CAGR in the forecast period of 2019-2026. We offer the following regional Propylene analysis and news coverage to keep you informed of factors and developments affecting prices in the Propylene marketplace.. Price reporting Price Reporting – More information about the price reports we publish on Propylene Produced by the ICIS Consulting team, these reports give a robust rolling 12-month price forecast, trade balances and in-depth analysis into where markets are heading – providing a valuable tool to support your short- to medium-term plans. The flourishing automotive and food and beverage industries are likely to drive the propylene glycol market globally in the future Europe With many years’ experience of guiding business leadership teams, we show you how market conditions can make a positive or negative impact on your long-term plans. Hurricane Laura impacted production at Indorama’s facility in Port Neches, Texas. Unbiased commentary gives details of a general overview, graphs, feedstock information and news on different grades, where applicable. Home » Reports » Global Propylene Glycol Coolant Market Report 2019 – Market Size, Share, Price, Trend and Forecast. This Research Reports included Global Industry segment analysis, Top Leading players SWOT Analysis, Regional outlook share and growth Data can be downloaded, customised and queried to support your planning requirements and your strategic decisions. The growth in automobiles, construction, and pharmaceutical industries in the Asia Pacific region is expected to be a key factor in the expansion of the global propylene glycol market. KEY COMPANIES IN THE PROPYLENE GLYCOL MARKET WORLDWIDE 7. Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach. It is an organic compound with viscous properties and appears as a colourless liquid. Grades assessed include: Propylene glycol is hydroscopic liquid which is produced by reacting propylene oxide with water. After falling for much of 2020, propylene contracts began to rise in Q3, leading to higher MPG prices. Propylene glycol is the common name for propane-1,2-diol (IUPAC) and has the formula, CH3CH(OH)CH2OH. The global propylene glycol market is expected to grow at a CAGR of 4.4% between 2021 and 2026 to reach a volume of approximately 3.5 million metric tons by 2026. Find out more about the ICIS supply and demand database >>. Offtake into UPRs for the construction industry improved and detergent demand was steady. Artificial Intelligence driven Marketing Communications, Get in touch with one of our representatives and get yourPress Release published today. Intratec provides Propylene pricing data, covering 13 years of historical prices and forecasts. During the winter, the demand for the product is largely driven by the food and cosmetics industries, as well as the airline industry, due to the application of ethylene glycol as a de-icing and anti-freezing agent. The manufacture of plasticisers and hydraulic brake fluids consume considerable quantities of propylene glycol and it is also used in the manufacture of non-ionic detergents which are utilised not only in the petroleum, sugar refining and paper making industries, but also in the preparation of toiletries, antibiotics and liquid washing formulations. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Subscribers to our Commodity Price Database have access to Propylene Glycol and as many as 217 other commodities prices across several countries from main world regions. Find out more about ICIS consulting expertise in China >>. The rise in the market value can be attributed to the growing demand from Asia-Pacific region and eco-friendly production process. Working closely with you to understand your strategies, challenges and ambitions, the ICIS consulting team deliver tailored advice and solutions to suit your unique requirements. Demand for industrial-grade MPG (PGI) was largely subdued throughout Q3, especially with the industry being hit heavily by the effects of the coronavirus. Towards the end of Q3, the market tightened on supply restrictions fuelled by snug PO. The trusted and reliable Monopropylene glycol (MPG) reports are published by ICIS weekly in Asia, Europe and the US. “2013-2028 Report on Global Propylene Glycol (PG) Market by Player, Region, Type, Application and Sales Channel” the new research report adds in kandjmarketresearch.com research reports database. Information is included on global and regional trade flows, production, capacity and sources of demand in the short-, medium- and long-term. The key highlights of the report include: 1. ICIS offers reports on over 180 commodities across the global petrochemical, energy and fertilizer markets. Supply of MPG tightened for several reasons. This is in response to the rising demand for the chemical in the region. The major players in the market are Dow Chemical Company, LyondellBasell Industries N.V., INEOS Group, Shell Chemicals LP, BASF SE, SKC Chemicals Group, Sumimoto Chemical Co., Ltd, Archer Daniels Midland Company, and Repsol S.A. USA is the largest market propylene glycol supplier in the market with a net export surplus of 51 KMT/year as of 2016. Raw material is the largest driver of propylene glycol cost. MPG availability for industrial and pharmaceutical grades fell. The price developments are expressed as a price index and not in absolute terms. Therefore the Propylene glycol price index means that the values provided are relative a chosen point in time which is defined as 1.00. We can help you to gain a clear view on the short and long-term supply and demand picture in the chemicals, energy, iron and steel, non-ferrous metals and paper and pulp markets in China. 5. Despite the steeper cost, market participants said demand remained strong. The new report by Expert Market Research titled, ‘Global Propylene Glycol Market Growth, Size, Share, Analysis, Trends, Report and Forecast 2020-2025’, gives an in-depth analysis of the global propylene glycol market, assessing the market based on its … 10 Market Size by Application. Trisodium Phosphate Market – https://www.expertmarketresearch.com/reports/trisodium-phosphate-market, Pyrite Market – https://www.expertmarketresearch.com/reports/pyrite-market, Benzyl Bromide Market – https://www.expertmarketresearch.com/reports/benzyl-bromide-market, Alunite Market – https://www.expertmarketresearch.com/reports/alunite-market, N-Pentane Market – https://www.expertmarketresearch.com/reports/n-pentane-market. Sadara Chemical Co, a joint venture between Dow Inc. (NYSE:DOW) and Saudi Aramco (TADAWUL: 2222), started production at a new propylene glycol plant in 2017. Purchase by the Gallon / Drums / Totes. Mono propylene glycol (MPG), otherwise referred to as propylene glycol (PG), is a product that is used in the manufacture of high performance unsaturated polyester resins (UPR), as well as engine coolants, antifreeze applications. The report tracks the latest trends in the industry and studies their impact on the overall market. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture. 2. It is classified as a diol as it contains two alcohol (-OH) groups. However, it was hard to see whether demand had fundamentally improved. The post Global Propylene Glycol Market Growth, Share, Size, Price, Analysis, Industry Trends And Forecast 2020-2025 | Expert Market Research appeared first on Super Market … ICIS expert consultants can provide your organisation with the insight, intelligence and data needed to build and grow your business in China. Also covered, propylene glycol ethers for the European market. Forecast Market Size (2025): 3.5 million metric tons, Request a free sample copy in PDF or view report summary@ https://www.expertmarketresearch.com/reports/propylene-glycol-market/requestsample. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets. Global Propylene Glycol Coolant Market Report 2019 – Market Size, Share, Price, Trend and Forecast. Region market overview covers the following: production of propylene glycol in a region/country, consumption trends, price data, trade in the recent year and manufacturers It is relatively non-toxic but is a mild irritant and defatting agent. Global Propylene Glycol (PG) Market is anticipated to grow at a CAGR of 5.89 %by 2023, according to a new report published by Ozone Market Reports.The report segments the market and forecasts its size, by volume and value, on the basis of application, by products, and by geography (North America, Europe, Asia-Pacific, MEA and South America).. Key vendors: Propylene glycol price index developments are calculated from multiple separate sources of data to ensure statistical accuracy. The new report by Expert Market Research titled, ‘Global Propylene Glycol Market Growth, Size, Share, Analysis, Trends, Report and Forecast 2020-2025’, gives an in-depth analysis of the global propylene glycol market, assessing the market based on its segments like applications and major regions. ICIS dashboard also makes it easy for you to create pricing charts, download price history and export data to create tailored analytical models. Subscribers to our Commodity Price Database have access to Propylene and as many as 217 other commodities prices across several countries from main world regions. Increase demand for polyester fibers and antifreeze products for several industrial processes, that manufactured from glycols are expected to drive the market growth. Ineos, one of the global leaders of propylene glycol, marked a new high for propylene glycol prices in 2018, due to a very long and cold winter. More information about the price reports we publish on Monopropylene glycol The Global Propylene Glycol (PG) Market Research Report offers a wide-ranging insight into the development policies and plans in addition to manufacturing processes and cost structures. © Copyright iCrowdNewswire LLC Unbiased commentary gives details of a general overview, graphs, feedstock information and news on different grades, where applicable. Propylene Market Report and Price Trend Propylene Highlights from 07 Dec,2020 - 18 Dec,2020 During the last fortnight, Propylene prices moved down in Asia due to dull demand trends in the region. The rapidly growing demand for unsaturated polyester resins in the transportation, construction, automobile, and marine industries is expected to support the growth of the propylene glycol market. 10.2.4 Special Needs Factor. An expert view of supply and demand comprising four fully-reconciled databases, giving you access to extensive data for more than 100 markets. Regional price assessments, published daily or weekly, enabling you to keep track of trading prices, understand price drivers/fluctuations and set a benchmark for contract price settl ements. North America Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. 10.2 Downstream Customers Analysis. The ICIS news service allows you to customise the market alerts delivered to your email inbox, providing the business-critical information you need straightaway. Due to rising environmental standards, various industries are increasing the use of propylene glycol as it is less toxic and has fewer side-effects than its substitutes. Order online or call 800-658-7716. You can control cookies through your browser settings. APAC is expected to account for the largest market share in the global propylene glycol market during the forecast period, in terms of both volume and value. The sample report shall be delivered to you within 24 hours. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data. 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