The Global Monopropylene Glycol (MPG) Market touched xxx million USD with a CAGR xx % from 2018-2022 around the world. In the future, it is predicted to reach xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.

Mono propylene glycol (also known as propylene glycol, PG, propan1, 2diol and MPG) is a clear, colourless, and viscous liquid with a characteristic odour. It has the formula C3H8O, is soluble in water, and has hygroscopic properties. MPG is used across a wide range of industries as it has low toxicity, coupled with a freezing point which is depressed upon mixing with water.

There are many uses for mono propylene glycol across many different industries and some chemical manufacturers produce two grades of MPG to meet these varied needs.

The first grade is used in the food, cosmetics, and pharmaceutical industries. MPG is used as a solvent for food colourings and flavourings, and is also a classified humectant food additive (E1520). In the personal care industry it is used as a moisturiser in make-up, shampoo, bubble bath and baby wipes, to name but a few examples. The pharmaceutical industry uses MPG as a solvent in oral, injectable, and topical formulations.

Industrial grade MPG also has a variety of uses but the main application is as an antifreeze and aircraft wing and runway de-icer. This is because the freezing point of MPG lowers upon mixing with water. It is also used in heat transfer liquids such as engine coolants.

It can also be used as a chemical intermediate in the production of high performance unsaturated polyester resins used in paints and varnishes. It is also an excellent solvent that is utilised in printing inks and it is also used in the manufacture of non-ionic detergents which are used in the petroleum, sugar-refining, and paper making industries. It can also be used in the cryonics industry and can be used as an additive in pipe tobacco as it prevents dehydration.
As the report focuses on global Monopropylene Glycol (MPG) Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.

This report focuses on Monopropylene Glycol (MPG) volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Monopropylene Glycol (MPG) market size by analysing historical data and future prospect.

in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.

In Market segmentation by manufacturers, the report covers the following companies-
DowDuPont
BASF
Huntsman
ADM
OLEON
Polioles
LyondellBasell
Repsol
INEOS
AGC Chemicals
Shell
ADEKA
SKC
PJSC Nizhnekamskneftekhim
PCC Rokita
Shandong Shida Shenghua Chemical
Tongling Jintai Chemical
CNOOC and Shell Petrochemicals
Dongying Hi-tech Spring Chemical
Shandong Depu Chemical
In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types covers:
Industrial Grade
Food Grade
Pharmaceutical Grade
In Market segmentation by applications :
Food & Beverages
Cosmetics & Personal Care
Pharmaceuticals
Industrial
Others

Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Monopropylene Glycol (MPG) Market for the forecast period 2023 - 2030?
• What are the driving forces in the Monopropylene Glycol (MPG) Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Monopropylene Glycol (MPG) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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