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Propylene Glycol Market Size & Forecast

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Historic: 2022-2024 Base Year: 2025 Forecast: 2026–2033
US$ 5.14 Billion
Market Size 2025 · Base Year
US$ 8.19 Billion
Projected Market Size by 2033
6.00%
CAGR · 2026–2033
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BMIPUB00034224 56+ Countries Covered 10 Major Companies Profiled PEST & SWOT Analysis Competitive Heat Map
At a Glance

Report Coverage

56 +
Countries
56+ countries across North America, Europe, Asia-Pacific, South and Central America, Middle East and Africa
12
Year Assessment
Comprehensive Market Analysis Covering 3 Years of Historical Data (2022–2024), Base Year (2025), and 8-Year Forecast (2026–2033)
10 +
Major Players
Major companies profiled including Dow, BASF SE, ADM, INEOS, Shell Plc
415
Report Pages
Pages of deep-dive analysis with PEST, SWOT, competitive heat maps and datasets
What's Fueling Growth

Market Drivers

  • Rising Demand For Industrial And Consumer Applications

  • Growing use in food and beverages

  • Increasing industrial applications globally

Where Growth Opportunities Exist

Key Opportunities

  • Sustainable Innovations Driving Market Expansion

  • Rising adoption in medical applications

  • Use in sustainable packaging materials

What Could Slow It Down

Market Restraints

  • Fluctuating raw material prices

  • Stringent environmental regulations

  • Health and safety concerns in high exposure

Market Segmentation

Coverage by Segment

Source

Petroleum Based
Bio Based

Grade

Industrial Grade
USP Grade

End Use

Food & Beverages
Pharmaceuticals
Cosmetics & Personal Care
Geographic Breakdown

Regional Intelligence

NA North America
EU Europe
APAC Asia-Pacific
SCA South & Central America
MEA Middle East & Africa
Competitive Landscape

Major Market Players

Listed for reference — companies are not ranked in any particular order.

Dow
BASF SE
ADM
INEOS
Shell Plc
Adeka Corporation
Huntsman International LLC
LyondellBasell Industries Holdings B.V.
Cargill
Archer Daniels Midland Company
What's Inside

Report Scope & Deliverables

Market Size 2025 US$ 5.14 Billion
Market Size 2033 US$ 8.19 Billion
CAGR 2026–2033 6.00%
Segments By Source (Petroleum Based, Bio Based)  |  By Grade (Industrial Grade, USP Grade)  |  By End Use (Food & Beverages, Pharmaceuticals, Cosmetics & Personal Care)
Geographies North America (US, Canada, Mexico)  ·  Europe (Belgium, Austria, Finland, Denmark, Greece, Poland, Romania, Russia, Ukraine, Czech Republic, Slovakia, Bulgaria, Italy, Luxembourg, Germany, Switzerland, France, Netherlands, Norway, Portugal, Spain, Sweden, United Kingdom)  ·  Asia-Pacific (Australia, China, India, Japan, South Korea, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, Bangladesh, New Zealand, Taiwan)  ·  South and Central America (Brazil, Argentina, Peru, Chile, Colombia)  ·  Middle East and Africa (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates, Turkiye, South Africa, Egypt, Algeria, Nigeria)
Deliverables Historical analysis with CAGR · PEST & SWOT analysis · Market Size at Global, Regional, and Country Levels · Competitive heat map · Company profiles · Excel dataset
Report Code BMIPUB00034224
Lead Analyst Suraj Sajeev — Associate Manager, Research & Consulting · View Profile
With Full Report Access

Gain actionable insights with 415 pages of in-depth Propylene Glycol Market, including historical trends, 8-year market forecasts, SWOT analysis, competitive landscapes, and downloadable Excel datasets in a single comprehensive package.

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