Mono Propylene Glycol Prices, Chart, News, Index and Forecast

𝗠𝗼𝗻𝗼 𝗣𝗿𝗼𝗽𝘆𝗹𝗲𝗻𝗲 𝗚𝗹𝘆𝗰𝗼𝗹 (𝗠𝗣𝗚) 𝗣𝗿𝗶𝗰𝗲 𝗶𝗻 𝗨𝗦𝗔

• 𝗨𝗻𝗶𝘁𝗲𝗱 𝗦𝘁𝗮𝘁𝗲𝘀: 3272 USD/MT

The price of mono propylene glycol (MPG) in the USA reached 3272 USD/MT in June 2023.

The latest IMARC Group report, "𝗠𝗼𝗻𝗼 𝗣𝗿𝗼𝗽𝘆𝗹𝗲𝗻𝗲 𝗚𝗹𝘆𝗰𝗼𝗹 (𝗠𝗣𝗚) 𝗣𝗿𝗶𝗰𝗶𝗻𝗴 𝗥𝗲𝗽𝗼𝗿𝘁 𝟮𝟬𝟮𝟰​: 𝗣𝗿𝗶𝗰𝗲 𝗧𝗿𝗲𝗻𝗱, 𝗖𝗵𝗮𝗿𝘁, 𝗠𝗮𝗿𝗸𝗲𝘁 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀, 𝗡𝗲𝘄𝘀, 𝗗𝗲𝗺𝗮𝗻𝗱, 𝗛𝗶𝘀𝘁𝗼𝗿𝗶𝗰𝗮𝗹 𝗮𝗻𝗱 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝗗𝗮𝘁𝗮," presents a detailed analysis of mono propylene glycol price trends, offering key insights into global market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market. The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines mono propylene glycol demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.

For strategic planning, the report provides price forecasts, allowing businesses to anticipate price shifts and make informed decisions about procurement and investment. The forecast draws on historical data, market trends, and key economic indicators, ensuring a reliable outlook for stakeholders. Additionally, the inclusion of the price index offers a broader view of market performance over time, providing a valuable benchmark for evaluating market trends. With these insights, the report equips industry stakeholders with the tools needed to navigate the complex global market and optimize their strategies in response to evolving conditions.

𝗠𝗼𝗻𝗼 𝗣𝗿𝗼𝗽𝘆𝗹𝗲𝗻𝗲 𝗚𝗹𝘆𝗰𝗼𝗹 (𝗠𝗣𝗚) 𝗣𝗿𝗶𝗰𝗲𝘀 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀:

• 𝗖𝗵𝗶𝗻𝗮: 175751 USD/MT
• 𝗚𝗲𝗿𝗺𝗮𝗻𝘆: 3255 USD/MT

𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗙𝗼𝗿 𝗮 𝗦𝗮𝗺𝗽𝗹𝗲 𝗖𝗼𝗽𝘆 𝗼𝗳 𝘁𝗵𝗲 𝗥𝗲𝗽𝗼𝗿𝘁: https://www.imarcgroup.com/mono-propylene-glycol-pricing-report/requestsample

𝗥𝗲𝗽𝗼𝗿𝘁 𝗢𝗳𝗳𝗲𝗿𝗶𝗻𝗴:

• 𝗠𝗼𝗻𝘁𝗵𝗹𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝘀: Annual Subscription
• 𝗤𝘂𝗮𝗿𝘁𝗲𝗿𝗹𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝘀: Annual Subscription
• 𝗕𝗶𝗮𝗻𝗻𝘂𝗮𝗹𝗹𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝘀: Annual Subscription

The study examines the key factors driving mono propylene glycol price variations, focusing on shifts in raw material costs, the balance between supply and demand, and the impact of geopolitical influences. It also considers sector-specific developments that play a critical role in shaping market prices. By analysing these elements, the report offers valuable insights into the underlying causes of price fluctuations, helping businesses and investors understand market behaviour more effectively.

In addition, the report provides the latest market updates, ensuring stakeholders are informed about recent fluctuations, regulatory changes, and technological advancements. This comprehensive resource equips decision-makers with the necessary tools to enhance their strategic planning and improve forecasting accuracy. Through this analysis, the report becomes an indispensable asset for anyone looking to navigate the complexities of the Mono Propylene Glycol market and optimize future strategies.

𝐆𝐞𝐭 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐃𝐞𝐬𝐜𝐫𝐢𝐩𝐭𝐢𝐨𝐧 𝐀𝐭: https://www.imarcgroup.com/mono-propylene-glycol-pricing-report

𝗠𝗼𝗻𝗼 𝗣𝗿𝗼𝗽𝘆𝗹𝗲𝗻𝗲 𝗚𝗹𝘆𝗰𝗼𝗹 (𝗠𝗣𝗚) 𝗣𝗿𝗶𝗰𝗲 𝗧𝗿𝗲𝗻𝗱

The mono propylene glycol (MPG) market is primarily driven by its diverse applications across multiple industries, including pharmaceuticals, food and beverage, cosmetics, and industrial manufacturing. In the pharmaceutical and personal care sectors, MPG serves as an essential solvent and emulsifier in formulations, which has spurred demand due to rising consumer spending on healthcare and cosmetic products.

Its role as a humectant in skincare products and as a carrier for active ingredients further supports market growth. In the food and beverage industry, MPG is widely used as a food additive and preservative, particularly in packaged and processed foods, where it helps maintain moisture and improve shelf life.

Additionally, its application as an antifreeze and de-icing agent in the automotive and aerospace sectors has seen increased demand, especially in regions with extreme climates. The push toward sustainable and bio-based chemicals is also influencing the market, with bio-based MPG gaining traction as an environmentally friendly alternative to petrochemical-derived versions. The continued expansion of these industries, coupled with rising consumer demand, is thereby driving the steady growth of the mono propylene glycol market.

𝗠𝗼𝗻𝗼 𝗣𝗿𝗼𝗽𝘆𝗹𝗲𝗻𝗲 𝗚𝗹𝘆𝗰𝗼𝗹 (𝗠𝗣𝗚) 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀

In Q2 2024, the mono propylene glycol market in North America experienced a notable downturn, driven by several converging factors. A primary contributor was the weakened end-user demand from key sectors such as pharmaceuticals, food, and industrial applications, which suppressed prices. The economic environment, shaped by policies aimed at controlling inflation through high interest rates, further dampened consumer purchasing power and overall market demand.

Additionally, abundant domestic supply, influenced by logistical challenges and geopolitical tensions, added downward pressure as international buyers exercised caution in placing new orders. The USA witnessed the most substantial price fluctuations, with seasonality effects, reduced consumer spending, and a marked decline in new product orders exacerbating the downward trend.

Similarly, mono propylene glycol prices faced a predominantly negative environment in the APAC region, driven by weak demand from end-user sectors, market oversupply, and global economic uncertainties. South Korea, in particular, experienced significant price declines due to softened domestic demand and international market caution.

In Europe, subdued demand across the food, pharmaceutical, and cosmetics industries, with rising inventory levels, led to price reductions. Whereas, Germany saw the most pronounced changes, with elevated energy costs and reduced demand for antifreeze products further influencing the bearish market trend.

𝗦𝗽𝗲𝗮𝗸 𝘁𝗼 𝗔𝗻 𝗔𝗻𝗮𝗹𝘆𝘀𝘁: https://www.imarcgroup.com/request?type=report&id=22889&flag=C

𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗣𝗿𝗶𝗰𝗲 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀:

• 𝗔𝘀𝗶𝗮 𝗣𝗮𝗰𝗶𝗳𝗶𝗰: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
• 𝗘𝘂𝗿𝗼𝗽𝗲: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece
• 𝗡𝗼𝗿𝘁𝗵 𝗔𝗺𝗲𝗿𝗶𝗰𝗮: United States and Canada
• 𝗟𝗮𝘁𝗶𝗻 𝗔𝗺𝗲𝗿𝗶𝗰𝗮: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
• 𝗠𝗶𝗱𝗱𝗹𝗲 𝗘𝗮𝘀𝘁 & 𝗔𝗳𝗿𝗶𝗰𝗮: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco

𝗡𝗼𝘁𝗲: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝘂𝘀:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
𝗘𝗺𝗮𝗶𝗹: sales@imarcgroup.com
𝗧𝗲𝗹 𝗡𝗼: (D) +91 120 433 0800
𝗨𝗻𝗶𝘁𝗲𝗱 𝗦𝘁𝗮𝘁𝗲𝘀: +1-631-791-1145

𝗔𝗯𝗼𝘂𝘁 𝗨𝘀:
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

This release was published on openPR.