Liquid Propylene Glycol Market size was valued at USD 3.5 Billion in 2024 and is projected to reach USD 5.7 Billion by 2033, exhibiting a CAGR of 6.1% from 2026 to 2033.
The Liquid Propylene Glycol market in Malaysia is steadily growing, driven by its essential role in various industries. This versatile compound is widely used in manufacturing, food processing, pharmaceuticals, cosmetics, and even the booming vaping industry. With an increasing demand from diverse sectors, understanding the types of Liquid Propylene Glycol and the requirements of industries is crucial for both businesses and consumers.
Liquid Propylene Glycol, a synthetic organic compound, is highly valued for its ability to absorb water, its low toxicity, and its versatility. Malaysia's market primarily caters to two main types: industrial grade and pharmaceutical grade. The industrial grade is commonly utilized in manufacturing processes, while the pharmaceutical grade is essential for applications that require high purity, such as in medicines and food products. The demand for both types is rising due to their multifaceted applications.
In the industrial sector, Liquid Propylene Glycol is used as a solvent in paints, coatings, and adhesives, as well as in antifreeze formulations. The growing construction and automotive sectors in Malaysia have significantly boosted the demand for these industrial-grade products. Moreover, the food and beverage industry relies on this compound for its function as a humectant, preserving the moisture in food products like baked goods, beverages, and candies.
The pharmaceutical industry in Malaysia also sees substantial usage of Liquid Propylene Glycol, especially in the production of oral medications, ointments, and as a stabilizer in vaccines. Furthermore, as Malaysia experiences a rise in health-conscious consumers, there has been an uptick in the demand for Propylene Glycol in cosmetics and personal care products such as lotions, creams, and hair care items.
Another major industry driving the Liquid Propylene Glycol market in Malaysia is the vaping industry. With the increase in vaping as an alternative to traditional smoking, Liquid Propylene Glycol is one of the key ingredients used in e-liquids. The growing popularity of e-cigarettes continues to create strong demand for this product, particularly as regulations and health considerations shape consumer habits.
Malaysia’s Liquid Propylene Glycol market is poised for continued growth, supported by diverse industry needs and the expanding applications of this critical compound. The challenge for suppliers will be meeting the exacting requirements of various sectors while maintaining high-quality standards and competitive prices.
Get an In-Depth Research Analysis of the Malaysia Liquid Propylene Glycol Market Size And Forecast [2025-2032]
Clariant
Eastman
Evonik
Jover Scientech
Lipoid Kosmetik
Active Concepts
Akema
Akott
Ashland
BASF
Blue Sun International
Chemir
By 2030, Malaysia is expected to witness significant momentum in the market research industry, aligning with the global projection of surpassing $120 billion, driven by a compound annual growth rate (CAGR) of over 5.8% from 2023 to 2030. The industry in Malaysia is being reshaped by technological disruptions, particularly through the adoption of machine learning, artificial intelligence, and advanced data analytics. These technologies provide businesses with predictive analysis and real-time consumer insights, enabling smarter and more precise decision-making. As part of the broader Asia-Pacific region, Malaysia is positioned to contribute substantially to the over 35% revenue growth expected from this region. Additionally, the adoption of innovative techniques such as mobile surveys, social listening, and online panels is rapidly gaining ground in Malaysia, emphasizing speed, precision, and customization, and driving a new era of data-driven strategies across industries.
Â
Get Discount On The Purchase of the Malaysia Liquid Propylene Glycol Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Malaysia Liquid Propylene Glycol Market
Food and Beverages
Pharmaceuticals
Cosmetics and Personal Care
Industrial
Animal Feed
Others
USP Grade
Industrial Grade
Food Grade
Food Processing
Cosmetic Manufacturing
Pharmaceutical Manufacturing
Chemical Industry
Agriculture
Liquid
Concentrate
Powdered
Direct Sales
Distributors
Online Retail
1. Singapore
Relationship: Strong economic ties; major trading partner.
Highlights: Advanced financial and logistics hub; shares deep cross-border business and travel links with Malaysia.
2. Indonesia
Relationship: Largest ASEAN economy; close cultural and linguistic ties.
Highlights: Major market for Malaysian exports; shared initiatives in palm oil, labor, and regional security.
3. Thailand
Relationship: Land-border neighbor with active cross-border trade.
Highlights: Strong tourism, agricultural, and automotive collaboration.
4. Brunei
Relationship: Close diplomatic and energy-sector ties.
Highlights: Joint ventures in oil & gas; similar Malay cultural heritage.
5. Philippines
Relationship: Regional partner in ASEAN; maritime neighbor.
Highlights: Collaborations in education, labor migration, and disaster relief.
6. Vietnam
Relationship: Growing trade and investment partner.
Highlights: Rising manufacturing hub; strong demand for Malaysian technology and services.
7. Cambodia, Laos, and Myanmar
Relationship: Developing ASEAN members with growing economic ties to Malaysia.
Highlights: Opportunities in construction, retail, and financial services.
For More Information or Query, Visit @ Malaysia Liquid Propylene Glycol Market Research Analysis
1. Introduction of the Malaysia Liquid Propylene Glycol Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Malaysia Liquid Propylene Glycol Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Malaysia Liquid Propylene Glycol Market, By Type
6. Malaysia Liquid Propylene Glycol Market, By Application
7. Malaysia Liquid Propylene Glycol Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia
Vietnam
8. Malaysia Liquid Propylene Glycol Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Research and Consulting firm servicing over 5000+ clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/