The Propylene Glycol Market is expected to register a CAGR of 4.7% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by grade (industrial grade, food grade, pharmaceutical grade). The report is segmented by source (petroleum-based and bio-based). The report further presents an analysis based on the end-use industry (food and beverages, pharmaceuticals, personal care and cosmetics, automotive, chemical, and others). The report scope covers five regions: North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America and key countries under each region. The global analysis is further broken down at the regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the Report
The report Propylene Glycol Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Propylene Glycol Market Segmentation
Grade
- Industrial Grade
- Food Grade
- Pharmaceutical Grade
Source
- Petroleum-based and Bio-based
End-Use Industry
- Food and Beverages
- Pharmaceuticals
- Personal Care and Cosmetics
- Automotive
- Chemical
Geography
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
You will get customization on any report - free of charge - including parts of this report, or country-level analysis, Excel Data pack, as well as avail great offers and discounts for start-ups & universities
Propylene Glycol Market: Strategic Insights

- Get Top Key Market Trends of this report.This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Propylene Glycol Market Growth Drivers
- Growth in Pharmaceutical and Cosmetic Sectors: Propylene glycol is an important ingredient in pharmaceutical formulations and cosmetic products because of its solvent, preservative, and humectant properties. The increasing demand for pharmaceutical products, such as oral medications, injections, and topical treatments, and the rise of personal care and beauty products have been the main factors driving the growth of the propylene glycol market. As the expenditures of the global healthcare and beauty industry continue to rise, propylene glycol becomes more crucial to these sectors, increasing demand.
- Rising Demand in Food and Beverage Industry: Propylene glycol is widely used in food products as a stabilizer, emulsifier, and humectant. Global increases in the consumption of processed foods, particularly in emerging markets, have increased demand for propylene glycol. Moreover, the growing interest of consumers in packaged and convenience foods, which are often preserved with preservatives to increase shelf life, has led to a steady increase in the usage of propylene glycol in the food and beverage sector.
- Increasing Demand for Deicing Fluids: Propylene glycol is a common constituent of antifreeze and deicing fluids, and it has been widely used by both the automobile and aviation industries. More demand for transportation services will boost air travel, thereby increasing the demand for deicing fluid products that contain propylene glycol. The unpredictability of winter weather patterns enhances the utilization of deicing agents.
Propylene Glycol Market Future Trends
- Shift Towards Bio-Based Propylene Glycol: The focus on sustainability and 'green' production across industry sectors has brought a greater trend towards taking up bio-based propylene glycol made from renewable sources like corn or other plant materials. The combination of consumer demand for 'greener' products, coupled with regulatory requirements aimed at a reduction in carbon footprints, is making bio-based propylene glycol another area of key development interest for the manufacturers.
- Rising Demand in Cosmetics and Personal Care: With increased awareness amongst the customers about the composition of commodities that they use, safer and more effective cosmetic additives such as propylene glycol have received a great increase in their demand. The multifaceted property of improving texture along with the functioning efficiency of skin moisturizers, shampoos, deodorants, etc, makes the other products in beauty a matter of increasing its requirement as propylene glycol also offers great versatility in. It has increased the availability of these cosmetic commodities because e-commerce platforms also boosted their demands.
- Applications Beyond Food and Pharmaceuticals: Besides propylene glycol is use in food and drugs, propylene glycol has been widely applied in hydric fluids, paints, and coatings in industry. Industrialization in new markets and innovations in other areas like aerospace and electronics have led to increased usage of products based on propylene glycol, driving the market's growth.
Propylene Glycol Market Opportunities
- Growth Opportunities in the Asia-Pacific Region: The Asia-Pacific region, especially China and India, is a good opportunity in terms of the propylene glycol market. Rapid urbanization, growing disposable income, and expansion in the food and beverage, cosmetic, and pharmaceutical industries have raised the demand for propylene glycol. An upsurge in regional manufacturing capabilities and government support further propels the growth potential of this market.
- Shift Towards Green Automotive Products: The automobile industry is shifting toward green products and processes. Propylene glycol-based coolants and antifreeze formulations are increasingly being preferred over ethylene glycol-based formulations due to the lower toxicity of the former. With the automobile industry increasingly looking at responsible practices toward the environment, propylene glycol stands to gain in this market.
- Electric Vehicle Growth and Cooling Solutions: With increasing demands for electric vehicles, efficient cooling solutions are required for the EV batteries. In such applications, the coolant must have a low freezing point and should be non-toxic in nature, as in the case of propylene glycol. The growth in the expansion of the electric vehicle market creates huge opportunities for manufacturers to capture the emerging niche for propylene glycol manufacturers and fuels further growth in the market.
Propylene Glycol Market Regional Insights
The regional trends and factors influencing the Propylene Glycol Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Propylene Glycol Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

- Get the Regional Specific Data for Propylene Glycol Market
Propylene Glycol Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2024 | US$ XX million |
Market Size by 2031 | US$ XX Million |
Global CAGR (2025 - 2031) | 4.7% |
Historical Data | 2021-2023 |
Forecast period | 2025-2031 |
Segments Covered |
By Grade
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Propylene Glycol Market Players Density: Understanding Its Impact on Business Dynamics
The Propylene Glycol Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Propylene Glycol Market are:
- The Dow Chemical Company
- LyondellBasell Industries N.V.
- BASF SE
- Archer Daniels Midland Company
- Global Bio-chem Technology Group Co., Ltd.
Disclaimer: The companies listed above are not ranked in any particular order.

- Get the Propylene Glycol Market top key players overview
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Propylene Glycol Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Propylene Glycol Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
Frequently Asked Questions
What is the future trend for propylene glocol market?
Increased use in personal care and beauty products is expected to be the key market trend.
What are the deliverable formats of the propylene glocol market?
The report can be delivered in PDF/Word format, we can also share excel data sheet based on request.
Which regions are covered in the report?
On the basis of geography, the propylene glocol market is classified into North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America
What are the key players operating in the propylene glocol market?
Univar Solutions LLC, Dow Inc, Recochem Corp, LyondellBasell Industries Holdings BV, BASF SE, Shell Plc, ADEKA CORP, HELM AG, Oleon NV, and Chaoyang Chemicals Inc
What are the driving factors impacting the propylene glocol market?
The major factors driving the propylene glocol market are:
1. Expanding Demand in Pharmaceuticals and Cosmetics.
2. Growth in the Food & Beverage Industry.
What is the expected CAGR of the Propylene Glycol Market?
The Propylene Glycol Market is estimated to witness a CAGR of 4.7% from 2023 to 2031
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Testimonials

I wish to appreciate your support and the professionalism you displayed in the course of attending to my request for information regarding to infectious disease IVD market in Nigeria. I appreciate your patience, your guidance, and the fact that you were willing to offer a discount, which eventually made it possible for us to close a deal. I look forward to engaging The Insight Partners in the future, all thanks to the impression you have created in me as a result of this first encounter.
DR CHIJIOKE ONYIA, MANAGING DIRECTOR, PineCrest Healthcare Ltd.
The Insight Partners delivered insightful, well-structured market research with strong domain expertise. Their team was professional and responsive throughout. The user-friendly website made accessing industry reports seamless. We highly recommend them for reliable, high-quality research services
Yukihiko Adachi CEO, Deep Blue, LLC.Reason to Buy
- Informed Decision-Making
- Understanding Market Dynamics
- Competitive Analysis
- Customer Insights
- Market Forecasts
- Risk Mitigation
- Strategic Planning
- Investment Justification
- Identifying Emerging Markets
- Enhancing Marketing Strategies
- Boosting Operational Efficiency
- Tracking Industry Innovations
- Aligning with Regulatory Trends
Yes! We provide a free sample of the report, which includes Report Scope (Table of Contents), report structure, and selected insights to help you assess the value of the full report. Please click on the "Download Sample" button or contact us to receive your copy.
Absolutely — analyst assistance is part of the package. You can connect with our analyst post-purchase to clarify report insights, methodology or discuss how the findings apply to your business needs.
Once your order is successfully placed, you will receive a confirmation email along with your invoice.
• For published reports: You’ll receive access to the report within 4–6 working hours via a secured email sent to your email.
• For upcoming reports: Your order will be recorded as a pre-booking. Our team will share the estimated release date and keep you informed of any updates. As soon as the report is published, it will be delivered to your registered email.
We offer customization options to align the report with your specific objectives. Whether you need deeper insights into a particular region, industry segment, competitor analysis, or data cut, our research team can tailor the report accordingly. Please share your requirements with us, and we’ll be happy to provide a customized proposal or scope.
The report is available in either PDF format or as an Excel dataset, depending on the license you choose.
The PDF version provides the full analysis and visuals in a ready-to-read format. The Excel dataset includes all underlying data tables for easy manipulation and further analysis.
Please review the license options at checkout or contact us to confirm which formats are included with your purchase.
Our payment process is fully secure and PCI-DSS compliant.
We use trusted and encrypted payment gateways to ensure that all transactions are protected with industry-standard SSL encryption. Your payment details are never stored on our servers and are handled securely by certified third-party processors.
You can make your purchase with confidence, knowing your personal and financial information is safe with us.
Yes, we do offer special pricing for bulk purchases.
If you're interested in purchasing multiple reports, we’re happy to provide a customized bundle offer or volume-based discount tailored to your needs. Please contact our sales team with the list of reports you’re considering, and we’ll share a personalized quote.
Yes, absolutely.
Our team is available to help you make an informed decision. Whether you have questions about the report’s scope, methodology, customization options, or which license suits you best, we’re here to assist. Please reach out to us at sales@theinsightpartners.com, and one of our representatives will get in touch promptly.
Yes, a billing invoice will be automatically generated and sent to your registered email upon successful completion of your purchase.
If you need the invoice in a specific format or require additional details (such as company name, GST, or VAT information), feel free to contact us, and we’ll be happy to assist.
Yes, certainly.
If you encounter any difficulties accessing or receiving your report, our support team is ready to assist you. Simply reach out to us via email or live chat with your order information, and we’ll ensure the issue is resolved quickly so you can access your report without interruption.















1. The Dow Chemical Company
2. LyondellBasell Industries N.V.
3. BASF SE
4. Archer Daniels Midland Company
5. Global Bio-chem Technology Group Co., Ltd.
6. DuPont Tate and Lyle Bio Products Company, LLC
7. Huntsman Corporation
8. SKC Co., Ltd.
9. Temix Oleo S.R.L.
10. Ineos Oxide


