Some major MPG makers chose to focus on producing and selling PO where margins were better. Demand Market Outlook The propylene glycol price index depends on its primary feedstock, propylene and glycerine prices. Food, Drug, and Cosmetics PROPYLENE GLYCOL … Integrated PO producers appeared to favour higher-priced polyols rather than MPG. 10.2.2 Products Quality Factor. 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. PG is combustible but not flammable at room temperature. 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 news and market information products from ICIS. Unsaturated Polyester Resins Propylene glycol (PG) market plant capacity, production, operating efficiency, demand & supply, end use, grade, distribution channel. 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. After falling for much of 2020, propylene contracts began to rise in Q3, leading to higher MPG prices. Hurricane Laura impacted production at Indorama’s facility in Port Neches, Texas. 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. Functional Fluids 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. Intratec provides Propylene pricing data, covering 13 years of historical prices and forecasts. Our training team of industry experts can help you increase your knowledge of the industry and gain the insight and know-how needed to operate and trade effectively. 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Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. Manufacturers 1,3-Propylene Glycol Product Types Table 12. Artificial Intelligence driven Marketing Communications, Get in touch with one of our representatives and get yourPress Release published today. 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. Propylene Glycol USP Prices. According to a new report by EMR titled, ‘Global Propylene Glycol Market Report and Forecast 2021-2026, the global propylene glycol reached a volume of 2.72 million metric tons in 2020. © Copyright iCrowdNewswire LLC The global glycols market was valued at USD 31.80 billion in 2017 and is expected to grow at a CAGR of 5.1% from 2018 to 2026. 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. Information covered in our price reports includes: Information is accessed online, via the ICIS dashboard service and is configurable to suit your preferences. Unfortunately, we are experiencing a repeat of what transpired with the propylene market in 2017 although the price then increased + 20 cpp. 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. Defined as 1.00 market participants said demand remained below Q1 highs depends on its feedstock. 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