Companies Dominating the Propylene Glycol Landscape
- Dow
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- BASF SE
- Temix Oleo
- INEOS Oxide
- Huntsman International
- Haike Chemical Group Co., Ltd
- Repsol
- Shell Plc
- ADEKA Corporation
- LyondellBasell Industries N.V.
- Metadynea LLC
The global propylene glycol market is highly competitive, with major players including Dow, BASF SE, INEOS Oxide, and Huntsman International dominating the market. These companies aim at innovation, capacity, and sustainability to sustain their competitiveness in the market. For instance, BASF’s bio-based projects and INEOS’s increase in production capacity demonstrate their focus on changing market requirements.
In January 2023, Braskem made a USD 40 million investment into a bio-based propylene glycol facility in Brazil, which is a major step in sustainable production. This plant started operations in 2024, marking a shift by the industry towards developing renewable chemical products. Such investments show how market leaders are looking to achieve corporate performance while at the same time taking into consideration their environmental footprint in order to support future growth.
Here are some leading companies in the propylene glycol market:
