UK Propylene Glycol Market Size & Outlook, 2022-2030

The propylene glycol market in UK is expected to reach a projected revenue of US$ 115.9 million by 2030. A compound annual growth rate of 6.2% is expected of UK propylene glycol market from 2023 to 2030.
Revenue, 2022 (US$M)
$71.4
Forecast, 2030 (US$M)
$115.9
CAGR, 2023 - 2030
6.2%
Report Coverage
UK

UK propylene glycol market highlights

  • The UK propylene glycol market generated a revenue of USD 71.4 million in 2022 and is expected to reach USD 115.9 million by 2030.
  • The UK market is expected to grow at a CAGR of 6.2% from 2023 to 2030.
  • In terms of segment, petroleum based was the largest revenue generating source in 2022.
  • Bio Based is the most lucrative source segment registering the fastest growth during the forecast period.


Propylene glycol market data book summary

Market revenue in 2022USD 71.4 million
Market revenue in 2030USD 115.9 million
Growth rate6.2% (CAGR from 2022 to 2030)
Largest segmentPetroleum based
Fastest growing segmentBio Based
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPetroleum Based, Bio Based
Key market players worldwideDow Inc, Basf SE, Archer-Daniels Midland Co, INEOS, Shell PLC, Adeka Corp, Huntsman Corp, LyondellBasell Industries NV Class A


Other key industry trends

  • In terms of revenue, UK accounted for 1.6% of the global propylene glycol market in 2022.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Europe, Germany propylene glycol market is projected to lead the regional market in terms of revenue in 2030.
  • UK is the fastest growing regional market in Europe and is projected to reach USD 115.9 million by 2030.

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Propylene Glycol Market Scope

Propylene glycol market segmentation & scope
Petroleum Based
Bio Based
Industrial Grade
USP Grade
Food & Beverages
Pharmaceuticals
Cosmetics & Personal Care
Construction
Transportation
Others

Propylene Glycol Market Companies

Name Profile # Employees HQ Website

UK propylene glycol market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to propylene glycol market will help companies and investors design strategic landscapes.


Petroleum based was the largest segment with a revenue share of 71.29% in 2022. Horizon Databook has segmented the UK propylene glycol market based on petroleum based, bio based covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of country-level data and insights on the UK propylene glycol market , including forecasts for subscribers. This country databook contains high-level insights into UK propylene glycol market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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UK propylene glycol market size, by source, 2018-2030 (US$M)

UK Propylene Glycol Market Outlook Share, 2022 & 2030 (US$M)

UK propylene glycol market size, by source, 2018-2030 (US$M)

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