Propylene Glycol Market By Product Type (Propylene Glycol USP, Propylene Glycol Industrial (PGI), Bio-Based Propylene Glycol), By Production Process (Non-Catalytic Hydrolysis of Propylene Oxide, Catalytic Hydration of Propylene Oxide, Fermentation of Glycerol), By Grade (Industrial Grade, Pharmaceutical Grade, Food Grade), By Source (Petroleum-Based, Bio-Based), By Function (Humectant, Solvent, Emulsifier, Preservative, Antifreeze Agent, Stabilizer, Carrier Fluid, Plasticizer), and By End-User (Food & Beverage, Pharmaceutical, Personal Care & Cosmetics, Automotive, Aerospace, Chemical, Building & Construction, Others), Global Market Size, Segmental Analysis, Regional Overview, Company Share Analysis, Leading Company Profiles, and Market Forecast, 2025 – 2035.
Published Date: Jul 2025 | Report ID: MI3121 | 220 Pages
Table of Contents
1. Methodology & Report Coverage
1.1. Definition & Objective
1.2. Market Evaluation & Forecast Parameter
1.3. Research Methodology
1.4. Data Validation Sources
1.4.1. Secondary Research
1.4.2. Primary Research
2. Market Overview
3. Propylene Glycol Market: Market Dynamics
3.1. Executive Summary
3.2. Market Driving Factors
3.2.1. How is the rising demand for processed foods influencing food-grade propylene glycol consumption globally?
3.2.2. Can expanding personal care industry needs increase usage of PG as a humectant agent?
3.2.3. Does the growing preference for bio-based chemicals fuel demand for sustainable PG alternatives worldwide?
3.3. Key industry pitfalls & challenges
3.3.1. Are fluctuating petrochemical prices creating instability in raw material sourcing for PG production?
3.3.2. Is regulatory scrutiny on synthetic solvents limiting industrial-grade PG applications in sensitive markets?
3.3.3. Does low consumer awareness hinder widespread adoption of bio-based propylene glycol across all regions?
3.4. Market Opportunities
3.4.1. Could rising electric vehicle production accelerate PG usage in thermal management and cooling systems?
3.4.2. How might emerging economies' industrialization drive greater demand for multi-functional PG-based chemical inputs?
3.4.3. Will pharmaceutical advancements increase propylene glycol utilization in drug formulation and topical medications?
3.5. Porter’s Five Forces Analysis
3.6. PESTLE Analysis
3.7. Regulatory landscape
3.8. Investment Landscape
3.9. ESG Scenario
3.10. Competitive landscape
3.10.1. Company Market Share
3.10.2. Market Positioning
3.10.3. Strategy framework
3.10.4. Recent Acquisitions & Mergers
4. Propylene Glycol Market, Product Type Segment Analysis
4.1. Overview of Dynamics
4.1.1. Market Revenue Share, By Product Type, 2025 & 2035
4.1.2. Key Market Trends, Growth Factors, & Opportunities
4.2. Propylene Glycol USP
4.2.1. Market Size and Forecast, 2025-2035 (USD Billion)
4.3. Propylene Glycol Industrial (PGI)
4.3.1. Market Size and Forecast, 2025-2035 (USD Billion)
4.4. Bio-Based Propylene Glycol
4.4.1. Market Size and Forecast, 2025-2035 (USD Billion)
5. Propylene Glycol Market, Production Process Segment Analysis
5.1. Overview
5.1.1. Market Revenue Share, By Production Process, 2025 & 2035
5.1.2. Key Market Trends, Growth Factors, & Opportunities
5.2. Non-Catalytic Hydrolysis of Propylene Oxide
5.2.1. Market Size and Forecast, 2025-2035 (USD Billion)
5.3. Catalytic Hydration of Propylene Oxide
5.3.1. Market Size and Forecast, 2025-2035 (USD Billion)
5.4. Fermentation of Glycerol
5.4.1. Market Size and Forecast, 2025-2035 (USD Billion)
6. Propylene Glycol Market, Grade Segment Analysis
6.1. Overview
6.1.1. Market Revenue Share, By Grade, 2025 & 2035
6.1.2. Key Market Trends, Growth Factors, & Opportunities
6.2. Industrial Grade
6.2.1. Market Size and Forecast, 2025-2035 (USD Billion)
6.3. Pharmaceutical Grade
6.3.1. Market Size and Forecast, 2025-2035 (USD Billion)
6.4. Food Grade
6.4.1. Market Size and Forecast, 2025-2035 (USD Billion)
7. Propylene Glycol Market, Source Segment Analysis
7.1. Overview
7.1.1. Market Revenue Share, By Source, 2025 & 2035
7.1.2. Key Market Trends, Growth Factors, & Opportunities
7.2. Petroleum-Based
7.2.1. Market Size and Forecast, 2025-2035 (USD Billion)
7.3. Bio-Based
7.3.1. Market Size and Forecast, 2025-2035 (USD Billion)
8. Propylene Glycol Market, Function Segment Analysis
8.1. Overview
8.1.1. Market Revenue Share, By Function, 2025 & 2035
8.1.2. Key Market Trends, Growth Factors, & Opportunities
8.2. Humectant
8.2.1. Market Size and Forecast, 2025-2035 (USD Billion)
8.3. Solvent
8.3.1. Market Size and Forecast, 2025-2035 (USD Billion)
8.4. Emulsifier
8.4.1. Market Size and Forecast, 2025-2035 (USD Billion)
8.5. Preservative
8.5.1. Market Size and Forecast, 2025-2035 (USD Billion)
8.6. Antifreeze Agent
8.6.1. Market Size and Forecast, 2025-2035 (USD Billion)
8.7. Stabilizer
8.7.1. Market Size and Forecast, 2025-2035 (USD Billion)
8.8. Carrier Fluid
8.8.1. Market Size and Forecast, 2025-2035 (USD Billion)
8.9. Plasticizer
8.9.1. Market Size and Forecast, 2025-2035 (USD Billion)
9. Propylene Glycol Market, End-user Segment Analysis
9.1. Overview
9.1.1. Market Revenue Share, By End-user, 2025 & 2035
9.1.2. Key Market Trends, Growth Factors, & Opportunities
9.2. Food & Beverage
9.2.1. Market Size and Forecast, 2025-2035 (USD Billion)
9.3. Pharmaceutical
9.3.1. Market Size and Forecast, 2025-2035 (USD Billion)
9.4. Personal Care & Cosmetics
9.4.1. Market Size and Forecast, 2025-2035 (USD Billion)
9.5. Automotive
9.5.1. Market Size and Forecast, 2025-2035 (USD Billion)
9.6. Aerospace
9.6.1. Market Size and Forecast, 2025-2035 (USD Billion)
9.7. Chemical
9.7.1. Market Size and Forecast, 2025-2035 (USD Billion)
9.8. Building & Construction
9.8.1. Market Size and Forecast, 2025-2035 (USD Billion)
9.9. Others
9.9.1. Market Size and Forecast, 2025-2035 (USD Billion)
10. Propylene Glycol Market, Region Segment Analysis
10.1. Overview
10.1.1. Global Market Revenue Share, By Region, 2025 & 2035
10.1.2. Global Market Revenue, By Region, 2025-2035 (USD Billion)
10.2. North America
10.2.1. North America Market Revenue, By Country, 2025-2035 (USD Billion)
10.2.2. North America Market Revenue, By Product Type, 2025-2035
10.2.3. North America Market Revenue, By Production Process, 2025-2035
10.2.4. North America Market Revenue, By Grade, 2025-2035
10.2.5. North America Market Revenue, By Source, 2025-2035
10.2.6. North America Market Revenue, By Function, 2025-2035
10.2.7. North America Market Revenue, By End-user, 2025-2035
10.2.8. The U.S.
10.2.8.1. U.S. Market Revenue, By Product Type, 2025-2035
10.2.8.2. U.S. Market Revenue, By Production Process, 2025-2035
10.2.8.3. U.S. Market Revenue, By Grade, 2025-2035
10.2.8.4. U.S. Market Revenue, By Source, 2025-2035
10.2.8.5. U.S. Market Revenue, By Function, 2025-2035
10.2.8.6. U.S. Market Revenue, By End-user, 2025-2035
10.2.9. Canada
10.2.9.1. Canada Market Revenue, By Product Type, 2025-2035
10.2.9.2. Canada Market Revenue, By Production Process, 2025-2035
10.2.9.3. Canada Market Revenue, By Grade, 2025-2035
10.2.9.4. Canada Market Revenue, By Source, 2025-2035
10.2.9.5. Canada Market Revenue, By Function, 2025-2035
10.2.9.6. Canada Market Revenue, By End-user, 2025-2035
10.3. Europe
10.3.1. Europe Market Revenue, By Country, 2025-2035(USD Billion)
10.3.2. Europe Market Revenue, By Product Type, 2025-2035
10.3.3. Europe Market Revenue, By Production Process, 2025-2035
10.3.4. Europe Market Revenue, By Grade, 2025-2035
10.3.5. Europe Market Revenue, By Source, 2025-2035
10.3.6. Europe Market Revenue, By Function, 2025-2035
10.3.7. Europe Market Revenue, By End-user, 2025-2035
10.3.8. Germany
10.3.8.1. Germany Market Revenue, By Product Type, 2025-2035
10.3.8.2. Germany Market Revenue, By Production Process, 2025-2035
10.3.8.3. Germany Market Revenue, By Grade, 2025-2035
10.3.8.4. Germany Market Revenue, By Source, 2025-2035
10.3.8.5. Germany Market Revenue, By Function, 2025-2035
10.3.8.6. Germany Market Revenue, By End-user, 2025-2035
10.3.9. France
10.3.9.1. France Market Revenue, By Product Type, 2025-2035
10.3.9.2. France Market Revenue, By Production Process, 2025-2035
10.3.9.3. France Market Revenue, By Grade, 2025-2035
10.3.9.4. France Market Revenue, By Source, 2025-2035
10.3.9.5. France Market Revenue, By Function, 2025-2035
10.3.9.6. France Market Revenue, By End-user, 2025-2035
10.3.10. U.K.
10.3.10.1. U.K. Market Revenue, By Product Type, 2025-2035
10.3.10.2. U.K. Market Revenue, By Production Process, 2025-2035
10.3.10.3. U.K. Market Revenue, By Grade, 2025-2035
10.3.10.4. U.K. Market Revenue, By Source, 2025-2035
10.3.10.5. U.K. Market Revenue, By Function, 2025-2035
10.3.10.6. U.K. Market Revenue, By End-user, 2025-2035
10.3.11. Italy
10.3.11.1. Italy Market Revenue, By Product Type, 2025-2035
10.3.11.2. Italy Market Revenue, By Production Process, 2025-2035
10.3.11.3. Italy Market Revenue, By Grade, 2025-2035
10.3.11.4. Italy Market Revenue, By Source, 2025-2035
10.3.11.5. Italy Market Revenue, By Function, 2025-2035
10.3.11.6. Italy Market Revenue, By End-user, 2025-2035
10.3.12. Spain
10.3.12.1. Spain Market Revenue, By Product Type, 2025-2035
10.3.12.2. Spain Market Revenue, By Production Process, 2025-2035
10.3.12.3. Spain Market Revenue, By Grade, 2025-2035
10.3.12.4. Spain Market Revenue, By Source, 2025-2035
10.3.12.5. Spain Market Revenue, By Function, 2025-2035
10.3.12.6. Spain Market Revenue, By End-user, 2025-2035
10.3.13. Rest of Europe
10.3.13.1. Rest of Europe Market Revenue, By Product Type, 2025-2035
10.3.13.2. Rest of Europe Market Revenue, By Production Process, 2025-2035
10.3.13.3. Rest of Europe Market Revenue, By Grade, 2025-2035
10.3.13.4. Rest of Europe Market Revenue, By Source, 2025-2035
10.3.13.5. Rest of Europe Market Revenue, By Function, 2025-2035
10.3.13.6. Rest of Europe Market Revenue, By End-user, 2025-2035
10.4. Asia Pacific
10.4.1. Asia Pacific Market Revenue, By Country, 2025-2035(USD Billion)
10.4.2. Asia Pacific Market Revenue, By Product Type, 2025-2035
10.4.3. Asia Pacific Market Revenue, By Production Process, 2025-2035
10.4.4. Asia Pacific Market Revenue, By Grade, 2025-2035
10.4.5. Asia Pacific Market Revenue, By Source, 2025-2035
10.4.6. Asia Pacific Market Revenue, By Function, 2025-2035
10.4.7. Asia Pacific Market Revenue, By End-user, 2025-2035
10.4.8. China
10.4.8.1. China Market Revenue, By Product Type, 2025-2035
10.4.8.2. China Market Revenue, By Production Process, 2025-2035
10.4.8.3. China Market Revenue, By Grade, 2025-2035
10.4.8.4. China Market Revenue, By Source, 2025-2035
10.4.8.5. China Market Revenue, By Function, 2025-2035
10.4.8.6. China Market Revenue, By End-user, 2025-2035
10.4.9. Japan
10.4.9.1. Japan Market Revenue, By Product Type, 2025-2035
10.4.9.2. Japan Market Revenue, By Production Process, 2025-2035
10.4.9.3. Japan Market Revenue, By Grade, 2025-2035
10.4.9.4. Japan Market Revenue, By Source, 2025-2035
10.4.9.5. Japan Market Revenue, By Function, 2025-2035
10.4.9.6. Japan Market Revenue, By End-user, 2025-2035
10.4.10. India
10.4.10.1. India Market Revenue, By Product Type, 2025-2035
10.4.10.2. India Market Revenue, By Production Process, 2025-2035
10.4.10.3. India Market Revenue, By Grade, 2025-2035
10.4.10.4. India Market Revenue, By Source, 2025-2035
10.4.10.5. India Market Revenue, By Function, 2025-2035
10.4.10.6. India Market Revenue, By End-user, 2025-2035
10.4.11. Australia
10.4.11.1. Australia Market Revenue, By Product Type, 2025-2035
10.4.11.2. Australia Market Revenue, By Production Process, 2025-2035
10.4.11.3. Australia Market Revenue, By Grade, 2025-2035
10.4.11.4. Australia Market Revenue, By Source, 2025-2035
10.4.11.5. Australia Market Revenue, By Function, 2025-2035
10.4.11.6. Australia Market Revenue, By End-user, 2025-2035
10.4.12. South Korea
10.4.12.1. South Korea Market Revenue, By Product Type, 2025-2035
10.4.12.2. South Korea Market Revenue, By Production Process, 2025-2035
10.4.12.3. South Korea Market Revenue, By Grade, 2025-2035
10.4.12.4. South Korea Market Revenue, By Source, 2025-2035
10.4.12.5. South Korea Market Revenue, By Function, 2025-2035
10.4.12.6. South Korea Market Revenue, By End-user, 2025-2035
10.4.13. Singapore
10.4.13.1. Singapore Market Revenue, By Product Type, 2025-2035
10.4.13.2. Singapore Market Revenue, By Production Process, 2025-2035
10.4.13.3. Singapore Canada Market Revenue, By Grade, 2025-2035
10.4.13.4. Singapore Market Revenue, By Source, 2025-2035
10.4.13.5. Singapore Market Revenue, By Function, 2025-2035
10.4.13.6. Singapore Market Revenue, By End-user, 2025-2035
10.4.14. Rest of Asia Pacific
10.4.14.1. Rest of Asia Pacific Market Revenue, By Product Type, 2025-2035
10.4.14.2. Rest of Asia Pacific Market Revenue, By Production Process, 2025-2035
10.4.14.3. Rest of Asia Pacific Market Revenue, By Grade, 2025-2035
10.4.14.4. Rest of Asia Pacific Market Revenue, By Source, 2025-2035
10.4.14.5. Rest of Asia Pacific Market Revenue, By Function, 2025-2035
10.4.14.6. Rest of Asia Pacific Market Revenue, By End-user, 2025-2035
10.5. Latin America
10.5.1. Latin America Market Revenue, By Country, 2025-2035(USD Billion)
10.5.2. Latin America Market Revenue, By Product Type, 2025-2035
10.5.3. Latin America Market Revenue, By Production Process, 2025-2035
10.5.4. Latin America Market Revenue, By Grade, 2025-2035
10.5.5. Latin America Market Revenue, By Source, 2025-2035
10.5.6. Latin America Market Revenue, By Function, 2025-2035
10.5.7. Latin America Market Revenue, By End-user, 2025-2035
10.5.8. Brazil
10.5.8.1. Brazil Market Revenue, By Product Type, 2025-2035
10.5.8.2. Brazil Market Revenue, By Production Process, 2025-2035
10.5.8.3. Brazil Market Revenue, By Grade, 2025-2035
10.5.8.4. Brazil Market Revenue, By Source, 2025-2035
10.5.8.5. Brazil Market Revenue, By Function, 2025-2035
10.5.8.6. Brazil Market Revenue, By End-user, 2025-2035
10.5.9. Argentina
10.5.9.1. Argentina Market Revenue, By Product Type, 2025-2035
10.5.9.2. Argentina Market Revenue, By Production Process, 2025-2035
10.5.9.3. Argentina Market Revenue, By Grade, 2025-2035
10.5.9.4. Argentina Market Revenue, By Source, 2025-2035
10.5.9.5. Argentina Market Revenue, By Function, 2025-2035
10.5.9.6. Argentina Market Revenue, By End-user, 2025-2035
10.5.10. Mexico
10.5.10.1. Mexico Market Revenue, By Product Type, 2025-2035
10.5.10.2. Mexico Market Revenue, By Production Process, 2025-2035
10.5.10.3. Mexico Market Revenue, By Grade, 2025-2035
10.5.10.4. Mexico Market Revenue, By Source, 2025-2035
10.5.10.5. Mexico Market Revenue, By Function, 2025-2035
10.5.10.6. Mexico Market Revenue, By End-user, 2025-2035
10.5.11. Rest of Latin America
10.5.11.1. Rest of Latin America Market Revenue, By Product Type, 2025-2035
10.5.11.2. Rest of Latin America Market Revenue, By Production Process, 2025-2035
10.5.11.3. Rest of Latin America Market Revenue, By Grade, 2025-2035
10.5.11.4. Rest of Latin America Market Revenue, By Source, 2025-2035
10.5.11.5. Rest of Latin America Market Revenue, By Function, 2025-2035
10.5.11.6. Rest of Latin America Market Revenue, By End-user, 2025-2035
10.6. MEA
10.6.1. MEA Market Revenue, By Country, 2025-2035(USD Billion)
10.6.2. MEA Market Revenue, By Product Type, 2025-2035
10.6.3. MEA Market Revenue, By Production Process, 2025-2035
10.6.4. MEA Market Revenue, By Grade, 2025-2035
10.6.5. MEA Market Revenue, By Source, 2025-2035
10.6.6. MEA Market Revenue, By Function, 2025-2035
10.6.7. MEA Market Revenue, By End-user, 2025-2035
10.6.8. GCC Countries
10.6.8.1. GCC Countries Market Revenue, By Product Type, 2025-2035
10.6.8.2. GCC Countries Market Revenue, By Production Process, 2025-2035
10.6.8.3. GCC Countries Market Revenue, By Grade, 2025-2035
10.6.8.4. GCC Countries Market Revenue, By Source, 2025-2035
10.6.8.5. GCC Countries Market Revenue, By Function, 2025-2035
10.6.8.6. GCC Countries Market Revenue, By End-user, 2025-2035
10.6.9. South Africa
10.6.9.1. South Africa Market Revenue, By Product Type, 2025-2035
10.6.9.2. South Africa Market Revenue, By Production Process, 2025-2035
10.6.9.3. South Africa Market Revenue, By Grade, 2025-2035
10.6.9.4. South Africa Market Revenue, By Source, 2025-2035
10.6.9.5. South Africa Market Revenue, By Function, 2025-2035
10.6.9.6. South Africa Market Revenue, By End-user, 2025-2035
10.6.10. Rest of Middle-East & Africa
10.6.10.1. Rest of Middle-East & Africa Market Revenue, By Product Type, 2025-2035
10.6.10.2. Rest of Middle-East & Africa Market Revenue, By Production Process, 2025-2035
10.6.10.3. Rest of Middle-East & Africa Market Revenue, By Grade, 2025-2035
10.6.10.4. Rest of Middle-East & Africa Market Revenue, By Source, 2025-2035
10.6.10.5. Rest of Middle-East & Africa Market Revenue, By Function, 2025-2035
10.6.10.6. Rest of Middle-East & Africa Market Revenue, By End-user, 2025-2035
11. Company Profile
11.1. The Dow Chemical Company
11.1.1. Business Overview
11.1.2. Financial Performance
11.1.3. Product/Service Offerings
11.1.4. Strategies & recent developments
11.1.5. SWOT Analysis
11.2. BASF SE
11.2.1. Business Overview
11.2.2. Financial Performance
11.2.3. Product/Service Offerings
11.2.4. Strategies & recent developments
11.2.5. SWOT Analysis
11.3. Archer Daniels Midland Company (ADM)
11.3.1. Business Overview
11.3.2. Financial Performance
11.3.3. Product/Service Offerings
11.3.4. Strategies & recent developments
11.3.5. SWOT Analysis
11.4. LyondellBasell Industries N.V.
11.4.1. Business Overview
11.4.2. Financial Performance
11.4.3. Product/Service Offerings
11.4.4. Strategies & recent developments
11.4.5. SWOT Analysis
11.5. Huntsman International LLC
11.5.1. Business Overview
11.5.2. Financial Performance
11.5.3. Product/Service Offerings
11.5.4. Strategies & recent developments
11.5.5. SWOT Analysis
11.6. INEOS Oxide
11.6.1. Business Overview
11.6.2. Financial Performance
11.6.3. Product/Service Offerings
11.6.4. Strategies & recent developments
11.6.5. SWOT Analysis
11.7. Shell Chemicals LP
11.7.1. Business Overview
11.7.2. Financial Performance
11.7.3. Product/Service Offerings
11.7.4. Strategies & recent developments
11.7.5. SWOT Analysis
11.8. DuPont de Nemours, Inc.
11.8.1. Business Overview
11.8.2. Financial Performance
11.8.3. Product/Service Offerings
11.8.4. Strategies & recent developments
11.8.5. SWOT Analysis
11.9. Global Bio-Chem Technology Group Company Limited
11.9.1. Business Overview
11.9.2. Financial Performance
11.9.3. Product/Service Offerings
11.9.4. Strategies & recent developments
11.9.5. SWOT Analysis
11.10. SKC Co., Ltd.
11.10.1. Business Overview
11.10.2. Financial Performance
11.10.3. Product/Service Offerings
11.10.4. Strategies & recent developments
11.10.5. SWOT Analysis
11.11. Manali Petrochemicals Limited
11.11.1. Business Overview
11.11.2. Financial Performance
11.11.3. Product/Service Offerings
11.11.4. Strategies & recent developments
11.11.5. SWOT Analysis
11.12. Repsol S.A.
11.12.1. Business Overview
11.12.2. Financial Performance
11.12.3. Product/Service Offerings
11.12.4. Strategies & recent developments
11.12.5. SWOT Analysis
11.13. Ottima Chemicals
11.13.1. Business Overview
11.13.2. Financial Performance
11.13.3. Product/Service Offerings
11.13.4. Strategies & recent developments
11.13.5. SWOT Analysis
11.14. Royal Dutch Shell plc
11.14.1. Business Overview
11.14.2. Financial Performance
11.14.3. Product/Service Offerings
11.14.4. Strategies & recent developments
11.14.5. SWOT Analysis
11.15. Tokyo Chemical Industry Co., Ltd. (TCI)
11.15.1. Business Overview
11.15.2. Financial Performance
11.15.3. Product/Service Offerings
11.15.4. Strategies & recent developments
11.15.5. SWOT Analysis
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