Top 10 Companies in the Polypropylene Glycol 2000 (PPG 2000) Market (2026): Market Leaders Powering Global Industries

In Business Insights
January 16, 2026


The Global Polypropylene Glycol 2000 (PPG 2000) Market was valued at USD 341 Million in 2025 and is projected to reach USD 464 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 4.5% during the forecast period. This growth is primarily driven by increasing demand from the polyurethane industry, expanding applications in personal care and cosmetics, and the rising need for high-performance industrial lubricants and defoamers.

As industries worldwide seek versatile and high-performance polyether polyols, the spotlight is on the key chemical manufacturers who are driving innovation, production capacity, and supply chain reliability. In this blog, we profile the Top 10 Companies in the Polypropylene Glycol 2000 (PPG 2000) Industry—a mix of global chemical giants and specialized producers shaping the future of this essential chemical intermediate.


🔟 1. Dow Chemical Company

Headquarters: Midland, Michigan, USA
Key Offering: VORANOL™ PPG, Industrial and Pharmaceutical Grade PPG 2000

Dow is a global leader in the production of polyols, including a comprehensive portfolio of Polypropylene Glycols. Their PPG 2000 is a critical component for flexible and rigid polyurethane foams, coatings, and adhesives, serving a vast array of industrial and consumer markets.

Innovation and Sustainability Initiatives:

  • Investment in bio-based propylene oxide routes for polyol production
  • Development of circular economy solutions for polyurethane products
  • Commitment to reducing the carbon footprint of chemical manufacturing processes

Download FREE Sample Report: Polypropylene Glycol 2000(PPG 2000) Market – View in Detailed Research Report


9️⃣ 2. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Pluracol® PPG, High-Purity PPG 2000 for diverse applications

BASF is one of the world’s largest chemical producers, with a strong foothold in the polyols market. Their Pluracol® series includes high-quality PPG 2000 used in the manufacture of polyurethane elastomers, sealants, and as a key ingredient in personal care formulations.

Innovation and Sustainability Initiatives:

  • Pioneering mass-balanced approaches for sustainable polyols
  • Extensive R&D focused on application-specific performance enhancements
  • Global production network ensuring robust and resilient supply chains

8️⃣ 3. Ineos Oxide

Headquarters: Rolle, Switzerland
Key Offering: Ineos PPG, including standard and high-purity PPG 2000 grades

Ineos is a major producer of ethylene and propylene oxides and their derivatives. Its Oxide business unit is a key supplier of PPG 2000 to the European and global markets, known for consistent quality and technical support.

Innovation and Sustainability Initiatives:

  • Focus on operational efficiency and low-emission production technologies
  • Development of tailored PPG solutions for specific customer requirements
  • Commitment to responsible care principles across its manufacturing sites

7️⃣ 4. Huntsman Corporation

Headquarters: The Woodlands, Texas, USA
Key Offering: JEFFOL® PPG, Specialty Polyols for Polyurethanes

Huntsman’s Polyurethanes division is a leading global provider of MDI-based polyurethane chemicals, including a range of polyether polyols like PPG 2000. Their products are essential for creating energy-efficient insulation, comfortable furniture, and lightweight automotive parts.

Innovation and Sustainability Initiatives:

  • Launch of innovative polyol technologies for improved insulation performance
  • Strategic investments to expand specialty polyols capacity in Asia and the Americas
  • Focus on creating sustainable solutions for the construction and automotive sectors

Download FREE Sample Report: Polypropylene Glycol 2000(PPG 2000) Market – View in Detailed Research Report


6️⃣ 5. Covestro AG

Headquarters: Leverkusen, Germany
Key Offering: Arcol® PPG, High-performance Polyols for Rigid and Flexible Foams

Formerly part of Bayer, Covestro is a world-leading supplier of high-tech polymer materials. Their Arcol® polyol portfolio includes PPG 2000, which is critical for producing polyurethane foams with specific density, hardness, and mechanical properties.

Innovation and Sustainability Initiatives:

  • Development of CO2-based polyols as part of a circular economy strategy
  • Investment in alternative raw materials to reduce dependency on fossil resources
  • Strong focus on digitalization to enhance customer service and product development

5️⃣ 6. Sanyo Chemical Industries, Ltd.

Headquarters: Kyoto, Japan
Key Offering: SANNIX™ PPG, Specialty Polyether Polyols

Sanyo Chemical is a prominent Japanese chemical company with a significant presence in the global polyols market. Their SANNIX™ PPG 2000 is widely used in urethane applications, synthetic lubricants, and functional fluids across Asia and beyond.

Innovation and Sustainability Initiatives:

  • Expertise in manufacturing high-purity and narrow-distribution PPG grades
  • Expansion of production facilities to meet growing regional demand
  • Focus on developing eco-friendly products for the automotive and electronics industries

4️⃣ 7. Jiangsu Haian Petrochemical Plant

Headquarters: Nantong, Jiangsu, China
Key Offering: Industrial Grade PPG 2000

As a major Chinese producer, Jiangsu Haian Petrochemical Plant plays a crucial role in supplying the domestic and Asian markets with cost-effective PPG 2000. The company is integral to the regional supply chain for polyurethane foam manufacturers.

Innovation and Sustainability Initiatives:

  • Continuous improvement of production processes for higher efficiency and yield
  • Focus on scaling production to cater to the booming APAC polyurethane market
  • Adherence to evolving environmental standards in chemical manufacturing

3️⃣ 8. Tongxiang Henglong Chemical

Headquarters: Tongxiang, Zhejiang, China
Key Offering: PPG 2000 for Polyurethane and Industrial Applications

Tongxiang Henglong Chemical is a specialized manufacturer of polyether polyols in China. The company has established itself as a reliable supplier of PPG 2000, supporting the growth of downstream industries in one of the world’s largest manufacturing hubs.

Innovation and Sustainability Initiatives:

  • Investment in modern production technologies to ensure product consistency
  • Strategic location within a major chemical industrial park for logistical advantages
  • Growing focus on product quality to compete in international markets

2️⃣ 9. Repsol S.A.

Headquarters: Madrid, Spain
Key Offering: Repsol PPG, Polyether Polyols from a Integrated Energy Major

Repsol, a leading Spanish energy and petrochemical company, produces a range of basic polyols, including PPG 2000. Their vertical integration from raw materials to finished polyols provides a competitive advantage in the European market.

Innovation and Sustainability Initiatives:

  • Commitment to becoming a net-zero emissions company by 2050
  • Development of circular economy projects for plastics and chemicals
  • Leveraging refining and chemical integration for resource efficiency

1️⃣ 10. LyondellBasell Industries

Headquarters: Houston, Texas, USA
Key Offering: LyondellBasell PPG, Polyols from a Petrochemical Powerhouse

LyondellBasell is one of the largest plastics, chemicals, and refining companies globally. Their intermediates and derivatives segment includes the production of polyether polyols like PPG 2000, which are essential feedstocks for the polyurethane value chain.

Innovation and Sustainability Initiatives:

  • Advanced proprietary technologies for propylene oxide and polyol production
  • Global scale and footprint ensuring supply security for customers worldwide
  • Ambitious targets to reduce emissions and produce renewable-based polymers and chemicals

Get Full Report Here: Polypropylene Glycol 2000(PPG 2000) Market – View in Detailed Research Report


🌍 Outlook: The Future of PPG 2000 Is Diversified and Sustainable

The Polypropylene Glycol 2000 market is experiencing a steady evolution. While traditional applications in polyurethanes continue to dominate consumption, the industry is increasingly focused on sustainable sourcing, product differentiation, and expansion into high-growth end-use sectors.

📈 Key Trends Shaping the Market:

  • Growing demand for bio-based and CO2-based polyols to enhance sustainability credentials
  • Increasing application sophistication in cosmetics and pharmaceuticals requiring high-purity grades
  • Capacity expansions in Asia-Pacific, particularly China, to serve regional manufacturing demand
  • Technical innovations leading to PPGs with tailored properties for specific performance requirements

Get Full Report Here: Polypropylene Glycol 2000(PPG 2000) Market – View in Detailed Research Report

The companies listed above are not only supplying a critical industrial intermediate—they’re driving the innovation and sustainability of countless downstream products, from comfortable mattresses and energy-saving insulation to luxurious cosmetics and high-performance lubricants.