
Mexico Propylene Glycol Market Overview, 2030
Description
The Mexican propylene glycol (PG) market has grown steadily since the mid-20th century, closely linked to the country’s industrialization, petrochemical development, and emerging consumer markets. In the 1960s and 1970s, demand was largely driven by industrial-grade PG used in unsaturated polyester resins (UPR) for construction composites, coatings, and adhesives, coinciding with urbanization and industrial infrastructure expansion. The 1980s and 1990s saw increasing use of PG in transportation, particularly for automotive antifreeze and coolant applications, as Mexico’s vehicle fleet expanded and safety/environmental regulations began favoring low-toxicity fluids over ethylene glycol. Concurrently, the food and beverage industry adopted FCC-grade PG as a humectant and solvent, supported by Mexican Federal Commission for Protection against Sanitary Risks (COFEPRIS) and food safety regulations. During the 2000s and 2010s, growth expanded into pharmaceuticals and personal care, where USP-grade PG is used as an excipient and humectant, aligned with both domestic and international quality standards. Bio-based PG initiatives have emerged more recently, leveraging glycerin byproducts from local biodiesel production, though penetration remains limited compared with petroleum-derived PG. Trade flows from U.S. Gulf Coast producers and Asia supplement domestic demand, particularly for industrial and specialty grades. Overall, Mexico’s PG market has transitioned from a focus on commodity industrial applications toward a diversified landscape that includes higher-value pharmaceutical, food, and personal care segments, with sustainability and regulatory compliance emerging as key strategic considerations for suppliers and formulators.
According to the research report ""Mexico propylene glycol Market Overview, 2030,"" published by Bonafide Research, the Mexico propylene glycol market is expected to reach a market size of more than USD 160 Million by 2030. Mexico’s propylene glycol market dynamics are influenced by supply chain integration, feedstock costs, regulatory oversight, seasonal demand, and competition from imports. Domestic demand is heavily reliant on petroleum-based PG supplied from local petrochemical complexes in Veracruz and Tamaulipas as well as imports from the U.S., taking advantage of NAFTA/USMCA trade channels. Feedstock costs, particularly propylene and propylene oxide (PO), are closely tied to global crude prices, which influence domestic producer margins and contract pricing for industrial-grade PG. Bio-based PG is a small but growing niche, with potential expansion linked to glycerin availability from biodiesel production and renewable energy initiatives. On the demand side, growth is driven by construction, automotive, and renewable energy projects, while pharmaceutical, food, and personal care industries increasingly require USP/FCC-certified products. Regulatory oversight from COFEPRIS and environmental agencies, particularly regarding industrial discharge and de-icing fluids, also shapes procurement and formulation decisions. Price volatility and supply constraints can arise during high-demand periods, such as the winter months for automotive and aviation de-icing. Distributor networks and local formulators buffer smaller customers and ensure access to certified grades. Overall, market participants must navigate feedstock price swings, seasonal demand fluctuations, and increasing regulatory scrutiny while maintaining reliability, certification, and emerging sustainability criteria, which together define competitive positioning in Mexico’s PG landscape.
In Mexico, propylene glycol end-use distribution mirrors both industrial demand and emerging high-value segments. Construction is a major driver, with PG used in UPR for composites, coatings, and adhesives, supporting residential and commercial construction as well as renewable energy components like wind turbine blades. Transportation demand is significant due to automotive antifreeze and coolant formulations and airport/aviation de-icing, with peak demand during winter months in northern regions; PG is preferred for lower toxicity compared with ethylene glycol. Food and beverages adopt FCC-grade PG as a humectant, solvent, and carrier in bakery products, confectionery, flavorings, and beverages, regulated under COFEPRIS and local food safety standards. Cosmetics and personal care products increasingly use PG as a humectant and solvent in lotions, creams, and haircare formulations, with consumer preference shifting toward clean-label and bio-based ingredients. The pharmaceutical sector consumes USP-grade PG for oral, topical, and injectable formulations, requiring strict compliance with quality standards and batch traceability, while supporting the country’s growing generic drug manufacturing. Others include specialty industrial applications such as lubricants, heat-transfer fluids for HVAC and data centers, and small-volume chemical intermediates. This diversified end-use profile ensures resilience in Mexican PG demand, balancing volume-driven industrial consumption with faster-growing, higher-value pharmaceutical, food, and personal care niches.
The Mexican propylene glycol market is primarily supplied by petroleum-based PG, sourced from domestic petrochemical facilities and imports from the U.S. Gulf Coast, providing cost-competitive, high-volume supply for industrial applications, including UPR resins, antifreeze, and coatings. Petroleum-derived PG dominates due to its established supply chains, scale, and integration with upstream propylene and PO production, ensuring consistent availability for high-volume, low-margin applications. Bio-based PG is a smaller but emerging segment, derived mainly from glycerin byproducts of biodiesel production or renewable feedstocks. Adoption of bio-based PG is strongest in pharmaceuticals, food, and personal care segments, where sustainability credentials, regulatory approval, and brand-driven clean-label requirements provide market pull. Despite higher production costs and limited domestic capacity, interest in bio-based PG is increasing, driven by multinational consumer goods companies, environmental regulations, and municipal procurement policies promoting lower-carbon products. Over time, petroleum-based PG is expected to retain the majority of the Mexican market in volume terms, while bio-based PG expands niche and high-value applications, particularly where environmental compliance and ESG considerations influence buyer decisions. Circular initiatives, such as glycol recycling in industrial and airport de-icing applications, are also emerging, creating incremental demand for bio-based or blended PG products in Mexico.
The Mexican propylene glycol market is segmented into industrial-grade, pharmaceutical-grade, and other specialty grades, each with distinct demand drivers and commercial characteristics. Industrial-grade PG represents the largest volume share, supporting high-throughput applications such as UPR for construction, paints, coatings, adhesives, automotive antifreeze, and de-icing fluids; buyers prioritize cost competitiveness, consistent supply, and logistics reliability, often sourcing in bulk through distributors or direct import arrangements. Pharmaceutical-grade PG, manufactured to USP or FCC standards, represents a smaller but high-value segment, used as an excipient and solvent in oral, topical, and injectable formulations; this grade requires strict process control, batch traceability, and regulatory compliance with COFEPRIS and international pharmacopeia standards. The others category includes specialty glycols such as dipropylene and tripropylene glycol, inhibited formulations for industrial heat-transfer fluids, lubricants, and small-volume chemical intermediates, often commanding higher margins due to technical specifications. Grade mix influences both supply chain management and pricing strategies; bulk rail and truck shipments are common for industrial PG, while drums and IBCs are standard for pharmaceutical and specialty grades. While industrial PG dominates by volume, pharmaceutical and specialty grades are growing faster in value terms, reflecting Mexico’s increasing demand for certified, high-purity, and sustainability-aligned products. The evolving grade profile underscores the dual nature of the Mexican PG market a high-volume industrial backbone complemented by niche, high-margin specialty applications driven by regulatory, consumer, and ESG considerations.
Considered in this report
• Historic Year: 2019
• Base year: 2024
• Estimated year: 2025
• Forecast year: 2030
Aspects covered in this report
• Propylene Glycol Market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation
By End Use
• Construction
• Transportation
• Food & Beverages
• Cosmetics & Personal Care
• Pharmaceuticals
• Others
By Source
• Petroleum-based
• Bio-based
By Grade
• Industrial Grade
• Pharmaceutical Grade
• Others
According to the research report ""Mexico propylene glycol Market Overview, 2030,"" published by Bonafide Research, the Mexico propylene glycol market is expected to reach a market size of more than USD 160 Million by 2030. Mexico’s propylene glycol market dynamics are influenced by supply chain integration, feedstock costs, regulatory oversight, seasonal demand, and competition from imports. Domestic demand is heavily reliant on petroleum-based PG supplied from local petrochemical complexes in Veracruz and Tamaulipas as well as imports from the U.S., taking advantage of NAFTA/USMCA trade channels. Feedstock costs, particularly propylene and propylene oxide (PO), are closely tied to global crude prices, which influence domestic producer margins and contract pricing for industrial-grade PG. Bio-based PG is a small but growing niche, with potential expansion linked to glycerin availability from biodiesel production and renewable energy initiatives. On the demand side, growth is driven by construction, automotive, and renewable energy projects, while pharmaceutical, food, and personal care industries increasingly require USP/FCC-certified products. Regulatory oversight from COFEPRIS and environmental agencies, particularly regarding industrial discharge and de-icing fluids, also shapes procurement and formulation decisions. Price volatility and supply constraints can arise during high-demand periods, such as the winter months for automotive and aviation de-icing. Distributor networks and local formulators buffer smaller customers and ensure access to certified grades. Overall, market participants must navigate feedstock price swings, seasonal demand fluctuations, and increasing regulatory scrutiny while maintaining reliability, certification, and emerging sustainability criteria, which together define competitive positioning in Mexico’s PG landscape.
In Mexico, propylene glycol end-use distribution mirrors both industrial demand and emerging high-value segments. Construction is a major driver, with PG used in UPR for composites, coatings, and adhesives, supporting residential and commercial construction as well as renewable energy components like wind turbine blades. Transportation demand is significant due to automotive antifreeze and coolant formulations and airport/aviation de-icing, with peak demand during winter months in northern regions; PG is preferred for lower toxicity compared with ethylene glycol. Food and beverages adopt FCC-grade PG as a humectant, solvent, and carrier in bakery products, confectionery, flavorings, and beverages, regulated under COFEPRIS and local food safety standards. Cosmetics and personal care products increasingly use PG as a humectant and solvent in lotions, creams, and haircare formulations, with consumer preference shifting toward clean-label and bio-based ingredients. The pharmaceutical sector consumes USP-grade PG for oral, topical, and injectable formulations, requiring strict compliance with quality standards and batch traceability, while supporting the country’s growing generic drug manufacturing. Others include specialty industrial applications such as lubricants, heat-transfer fluids for HVAC and data centers, and small-volume chemical intermediates. This diversified end-use profile ensures resilience in Mexican PG demand, balancing volume-driven industrial consumption with faster-growing, higher-value pharmaceutical, food, and personal care niches.
The Mexican propylene glycol market is primarily supplied by petroleum-based PG, sourced from domestic petrochemical facilities and imports from the U.S. Gulf Coast, providing cost-competitive, high-volume supply for industrial applications, including UPR resins, antifreeze, and coatings. Petroleum-derived PG dominates due to its established supply chains, scale, and integration with upstream propylene and PO production, ensuring consistent availability for high-volume, low-margin applications. Bio-based PG is a smaller but emerging segment, derived mainly from glycerin byproducts of biodiesel production or renewable feedstocks. Adoption of bio-based PG is strongest in pharmaceuticals, food, and personal care segments, where sustainability credentials, regulatory approval, and brand-driven clean-label requirements provide market pull. Despite higher production costs and limited domestic capacity, interest in bio-based PG is increasing, driven by multinational consumer goods companies, environmental regulations, and municipal procurement policies promoting lower-carbon products. Over time, petroleum-based PG is expected to retain the majority of the Mexican market in volume terms, while bio-based PG expands niche and high-value applications, particularly where environmental compliance and ESG considerations influence buyer decisions. Circular initiatives, such as glycol recycling in industrial and airport de-icing applications, are also emerging, creating incremental demand for bio-based or blended PG products in Mexico.
The Mexican propylene glycol market is segmented into industrial-grade, pharmaceutical-grade, and other specialty grades, each with distinct demand drivers and commercial characteristics. Industrial-grade PG represents the largest volume share, supporting high-throughput applications such as UPR for construction, paints, coatings, adhesives, automotive antifreeze, and de-icing fluids; buyers prioritize cost competitiveness, consistent supply, and logistics reliability, often sourcing in bulk through distributors or direct import arrangements. Pharmaceutical-grade PG, manufactured to USP or FCC standards, represents a smaller but high-value segment, used as an excipient and solvent in oral, topical, and injectable formulations; this grade requires strict process control, batch traceability, and regulatory compliance with COFEPRIS and international pharmacopeia standards. The others category includes specialty glycols such as dipropylene and tripropylene glycol, inhibited formulations for industrial heat-transfer fluids, lubricants, and small-volume chemical intermediates, often commanding higher margins due to technical specifications. Grade mix influences both supply chain management and pricing strategies; bulk rail and truck shipments are common for industrial PG, while drums and IBCs are standard for pharmaceutical and specialty grades. While industrial PG dominates by volume, pharmaceutical and specialty grades are growing faster in value terms, reflecting Mexico’s increasing demand for certified, high-purity, and sustainability-aligned products. The evolving grade profile underscores the dual nature of the Mexican PG market a high-volume industrial backbone complemented by niche, high-margin specialty applications driven by regulatory, consumer, and ESG considerations.
Considered in this report
• Historic Year: 2019
• Base year: 2024
• Estimated year: 2025
• Forecast year: 2030
Aspects covered in this report
• Propylene Glycol Market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation
By End Use
• Construction
• Transportation
• Food & Beverages
• Cosmetics & Personal Care
• Pharmaceuticals
• Others
By Source
• Petroleum-based
• Bio-based
By Grade
• Industrial Grade
• Pharmaceutical Grade
• Others
Table of Contents
76 Pages
- 1. Executive Summary
- 2. Market Structure
- 2.1. Market Considerate
- 2.2. Assumptions
- 2.3. Limitations
- 2.4. Abbreviations
- 2.5. Sources
- 2.6. Definitions
- 3. Research Methodology
- 3.1. Secondary Research
- 3.2. Primary Data Collection
- 3.3. Market Formation & Validation
- 3.4. Report Writing, Quality Check & Delivery
- 4. MexicoGeography
- 4.1. Population Distribution Table
- 4.2. MexicoMacro Economic Indicators
- 5. Market Dynamics
- 5.1. Key Insights
- 5.2. Recent Developments
- 5.3. Market Drivers & Opportunities
- 5.4. Market Restraints & Challenges
- 5.5. Market Trends
- 5.6. Supply chain Analysis
- 5.7. Policy & Regulatory Framework
- 5.8. Industry Experts Views
- 6. MexicoPropylene Glycol Market Overview
- 6.1. Market Size By Value
- 6.2. Market Size and Forecast, By End Use
- 6.3. Market Size and Forecast, By Source
- 6.4. Market Size and Forecast, By Grade
- 6.5. Market Size and Forecast, By Region
- 7. MexicoPropylene Glycol Market Segmentations
- 7.1. MexicoPropylene Glycol Market, By End Use
- 7.1.1. MexicoPropylene Glycol Market Size, By Construction, 2019-2030
- 7.1.2. MexicoPropylene Glycol Market Size, By Transportation, 2019-2030
- 7.1.3. MexicoPropylene Glycol Market Size, By Food & Beverages, 2019-2030
- 7.1.4. MexicoPropylene Glycol Market Size, By Cosmetics & Personal Care, 2019-2030
- 7.1.5. MexicoPropylene Glycol Market Size, By Pharmaceuticals, 2019-2030
- 7.1.6. MexicoPropylene Glycol Market Size, By Others, 2019-2030
- 7.2. MexicoPropylene Glycol Market, By Source
- 7.2.1. MexicoPropylene Glycol Market Size, By Petroleum-based, 2019-2030
- 7.2.2. MexicoPropylene Glycol Market Size, By Bio-based, 2019-2030
- 7.3. MexicoPropylene Glycol Market, By Grade
- 7.3.1. MexicoPropylene Glycol Market Size, By Industrial Grade, 2019-2030
- 7.3.2. MexicoPropylene Glycol Market Size, By Industrial Grade, 2019-2030
- 7.3.3. MexicoPropylene Glycol Market Size, By Others, 2019-2030
- 7.4. MexicoPropylene Glycol Market, By Region
- 7.4.1. MexicoPropylene Glycol Market Size, By North, 2019-2030
- 7.4.2. MexicoPropylene Glycol Market Size, By East, 2019-2030
- 7.4.3. MexicoPropylene Glycol Market Size, By West, 2019-2030
- 7.4.4. MexicoPropylene Glycol Market Size, By South, 2019-2030
- 8. MexicoPropylene Glycol Market Opportunity Assessment
- 8.1. By End Use, 2025 to 2030
- 8.2. By Source, 2025 to 2030
- 8.3. By Grade, 2025 to 2030
- 8.4. By Region, 2025 to 2030
- 9. Competitive Landscape
- 9.1. Porter's Five Forces
- 9.2. Company Profile
- 9.2.1. Company 1
- 9.2.1.1. Company Snapshot
- 9.2.1.2. Company Overview
- 9.2.1.3. Financial Highlights
- 9.2.1.4. Geographic Insights
- 9.2.1.5. Business Segment & Performance
- 9.2.1.6. Product Portfolio
- 9.2.1.7. Key Executives
- 9.2.1.8. Strategic Moves & Developments
- 9.2.2. Company 2
- 9.2.3. Company 3
- 9.2.4. Company 4
- 9.2.5. Company 5
- 9.2.6. Company 6
- 9.2.7. Company 7
- 9.2.8. Company 8
- 10. Strategic Recommendations
- 11. Disclaimer
- List of Figures
- Figure 1: MexicoPropylene Glycol Market Size By Value (2019, 2024 & 2030F) (in USD Million)
- Figure 2: Market Attractiveness Index, By End Use
- Figure 3: Market Attractiveness Index, By Source
- Figure 4: Market Attractiveness Index, By Grade
- Figure 5: Market Attractiveness Index, By Region
- Figure 6: Porter's Five Forces of MexicoPropylene Glycol Market
- List of Table
- Table 1: Influencing Factors for Propylene Glycol Market, 2024
- Table 2: MexicoPropylene Glycol Market Size and Forecast, By End Use (2019 to 2030F) (In USD Million)
- Table 3: MexicoPropylene Glycol Market Size and Forecast, By Source (2019 to 2030F) (In USD Million)
- Table 4: MexicoPropylene Glycol Market Size and Forecast, By Grade (2019 to 2030F) (In USD Million)
- Table 5: MexicoPropylene Glycol Market Size and Forecast, By Region (2019 to 2030F) (In USD Million)
- Table 6: MexicoPropylene Glycol Market Size of Construction (2019 to 2030) in USD Million
- Table 7: MexicoPropylene Glycol Market Size of Transportation (2019 to 2030) in USD Million
- Table 8: MexicoPropylene Glycol Market Size of Food & Beverages (2019 to 2030) in USD Million
- Table 9: MexicoPropylene Glycol Market Size of Cosmetics & Personal Care (2019 to 2030) in USD Million
- Table 10: MexicoPropylene Glycol Market Size of Pharmaceuticals (2019 to 2030) in USD Million
- Table 11: MexicoPropylene Glycol Market Size of Others (2019 to 2030) in USD Million
- Table 12: MexicoPropylene Glycol Market Size of Petroleum-based (2019 to 2030) in USD Million
- Table 13: MexicoPropylene Glycol Market Size of Bio-based (2019 to 2030) in USD Million
- Table 14: MexicoPropylene Glycol Market Size of Industrial Grade (2019 to 2030) in USD Million
- Table 15: MexicoPropylene Glycol Market Size of Industrial Grade (2019 to 2030) in USD Million
- Table 16: MexicoPropylene Glycol Market Size of Others (2019 to 2030) in USD Million
- Table 17: MexicoPropylene Glycol Market Size of North (2019 to 2030) in USD Million
- Table 18: MexicoPropylene Glycol Market Size of East (2019 to 2030) in USD Million
- Table 19: MexicoPropylene Glycol Market Size of West (2019 to 2030) in USD Million
- Table 20: MexicoPropylene Glycol Market Size of South (2019 to 2030) in USD Million
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