| Product Code: ETC094902 | Publication Date: Jun 2021 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The 1,2-Propylene Glycol market in South Korea focuses on the production and distribution of this versatile chemical used in various applications including pharmaceuticals, cosmetics, and food products.
The South Korea market for 1, 2-propylene glycol is driven by its widespread use as a solvent and humectant in industries such as cosmetics, pharmaceuticals, and food processing. Its versatile properties make it essential for various applications, including skincare products, medicines, and food additives, contributing to steady demand growth.
The South Korea 1, 2-Propylene Glycol Market faces challenges due to fluctuating raw material prices and stringent environmental regulations. The volatility in crude oil prices, a key raw material, impacts production costs. Additionally, meeting stringent environmental standards requires significant investment in sustainable production practices, which can be a barrier for smaller manufacturers.
The South Korean government has implemented stringent regulations on chemical substances, including propylene glycol, under the Act on the Registration and Evaluation of Chemicals (K-REACH). This legislation mandates registration, evaluation, authorization, and restriction of chemicals to ensure their safe use and minimize environmental and health risks. Manufacturers and importers of 1, 2-propylene glycol must comply with these regulations to obtain necessary permits and ensure product safety.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 South Korea 1,2-Propylene Glycol Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea 1,2-Propylene Glycol Market Revenues & Volume, 2021 & 2031F |
3.3 South Korea 1,2-Propylene Glycol Market - Industry Life Cycle |
3.4 South Korea 1,2-Propylene Glycol Market - Porter's Five Forces |
3.5 South Korea 1,2-Propylene Glycol Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 South Korea 1,2-Propylene Glycol Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 South Korea 1,2-Propylene Glycol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for 1,2-propylene glycol in food and beverage industry due to its use as a food additive and flavor carrier. |
4.2.2 Growth in the pharmaceutical sector using 1,2-propylene glycol in drugs, vaccines, and topical formulations. |
4.2.3 Rising adoption of 1,2-propylene glycol in cosmetics and personal care products due to its moisturizing and solvent properties. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of 1,2-propylene glycol impacting overall production costs. |
4.3.2 Stringent regulations and standards related to the use of 1,2-propylene glycol in various industries leading to compliance challenges. |
4.3.3 Competition from alternative products or substitutes affecting the market share of 1,2-propylene glycol. |
5 South Korea 1,2-Propylene Glycol Market Trends |
6 South Korea 1,2-Propylene Glycol Market, By Types |
6.1 South Korea 1,2-Propylene Glycol Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 South Korea 1,2-Propylene Glycol Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 South Korea 1,2-Propylene Glycol Market Revenues & Volume, By Industrial Grade 1,2-Propylene Glycol, 2021-2031F |
6.1.4 South Korea 1,2-Propylene Glycol Market Revenues & Volume, By Food Grade 1,2-Propylene Glycol, 2021-2031F |
6.1.5 South Korea 1,2-Propylene Glycol Market Revenues & Volume, By Pharmaceutical Grade 1,2-Propylene Glycol, 2021-2031F |
6.2 South Korea 1,2-Propylene Glycol Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 South Korea 1,2-Propylene Glycol Market Revenues & Volume, By Unsaturated Polyester Resins (UPR), 2021-2031F |
6.2.3 South Korea 1,2-Propylene Glycol Market Revenues & Volume, By Functional Fluids, 2021-2031F |
6.2.4 South Korea 1,2-Propylene Glycol Market Revenues & Volume, By Cosmetics, Pharmaceutics and Food, 2021-2031F |
6.2.5 South Korea 1,2-Propylene Glycol Market Revenues & Volume, By Liquid Detergents, 2021-2031F |
7 South Korea 1,2-Propylene Glycol Market Import-Export Trade Statistics |
7.1 South Korea 1,2-Propylene Glycol Market Export to Major Countries |
7.2 South Korea 1,2-Propylene Glycol Market Imports from Major Countries |
8 South Korea 1,2-Propylene Glycol Market Key Performance Indicators |
8.1 Number of new product launches containing 1,2-propylene glycol in the South Korean market. |
8.2 Percentage growth in the revenue generated from 1,2-propylene glycol applications in different industries. |
8.3 Adoption rate of 1,2-propylene glycol in emerging sectors such as electronics or agriculture in South Korea. |
9 South Korea 1,2-Propylene Glycol Market - Opportunity Assessment |
9.1 South Korea 1,2-Propylene Glycol Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 South Korea 1,2-Propylene Glycol Market Opportunity Assessment, By Application, 2021 & 2031F |
10 South Korea 1,2-Propylene Glycol Market - Competitive Landscape |
10.1 South Korea 1,2-Propylene Glycol Market Revenue Share, By Companies, 2024 |
10.2 South Korea 1,2-Propylene Glycol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |