Polypropylene Glycol, commonly known as PPG, is an important chemical used in many industries. It is widely used in polyurethane foams, coatings, adhesives, sealants, lubricants, pharmaceuticals, and even in some specialty chemical applications. Because it serves so many sectors, changes in Polypropylene Glycol Prices often reflect the overall health of industrial activity.

In the third quarter (Q3) of 2025, the global Polypropylene Glycol price trend showed a mostly downward movement. On average, prices declined by around 2–3% compared to the second quarter (Q2) of 2025. The main reasons behind this drop were weaker demand from key sectors such as polyurethane foams and coatings, oversupply in some regions, and slower industrial activity. Even though feedstock and energy prices remained mostly stable, market conditions were soft.

Let’s look at the global situation first, and then understand how different countries performed during the quarter.

Global Market Overview

During Q3 2025, the global PPG market faced moderate pressure. Demand from automotive, construction, coatings, and plasticizer industries slowed down in many parts of the world. These industries are major consumers of Polypropylene Glycol. When production slows in these sectors, demand for PPG automatically reduces.

At the same time, supply remained steady. Major producers, especially in Asia, continued operating at stable production levels. This created oversupply conditions in some markets. When supply is higher than demand, prices naturally move downward.