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Propylene Glycol Market Global Report 2026

Published Jan 27, 2026
Length 250 Pages
SKU # BRC20802390

Description

Propylene Glycol Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses propylene glycol market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 16 geographies.
  • Assess the impact of key macro factors such as geopolitical conflicts, trade policies and tariffs, inflation and interest rate fluctuations, and evolving regulatory landscapes.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on end user analysis.
  • Benchmark performance against key competitors based on market share, innovation, and brand strength.
  • Evaluate the total addressable market (TAM) and market attractiveness scoring to measure market potential.
  • Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
  • Report will be updated with the latest data and delivered to you within 2-3 working days of order along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description:

Where is the largest and fastest growing market for propylene glycol ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The propylene glycol market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
  • The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
  • The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
  • The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
  • The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
  • The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
  • Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Scope

Markets Covered:1) By Source: Petroleum-Based; Bio-Based

2) By Grade: Industrial Grade; Pharmaceutical Grade

3) By Application: Animal Feed; Inks; Lacquers; Tobacco Humectants; Varnishes

4) By End User: Building And Construction; Consumer Goods; Cosmetics And Personal Care; Food And Beverages; Paint And Coatings; Pharmaceuticals; Textile Industries; Tobacco; Transportation

Subsegments:

1) By Petroleum-Based: Conventional Propylene Glycol; High Purity Propylene Glycol

2) By Bio-Based: Glycerol-Based Propylene Glycol; Fermentation-Based Propylene Glycol

Companies Mentioned: Dow Inc.; LyondellBasell Industries; BASF SE; Shell plc; Exxon Mobil Corporation; Huntsman Corporation; SKC Co. Ltd.; Asahi Kasei Corporation; LG Chem Ltd.; Repsol S.A.; PCC Group; Manali Petrochemicals Ltd.; Reliance Industries Limited; PetroChina Company Limited; Shandong Shida Shenghua Chemical; Archer Daniels Midland Company; Cargill Incorporated; Oleon NV; Mitsui Chemicals, Inc.; Formosa Plastics Corporation

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order.

Table of Contents

250 Pages
1. Executive Summary
1.1. Key Market Insights (2020-2035)
1.2. Visual Dashboard: Market Size, Growth Rate, Hotspots
1.3. Major Factors Driving the Market
1.4. Top Three Trends Shaping the Market
2. Propylene Glycol Market Characteristics
2.1. Market Definition & Scope
2.2. Market Segmentations
2.3. Overview of Key Products and Services
2.4. Global Propylene Glycol Market Attractiveness Scoring And Analysis
2.4.1. Overview of Market Attractiveness Framework
2.4.2. Quantitative Scoring Methodology
2.4.3. Factor-Wise Evaluation
Growth Potential Analysis, Competitive Dynamics Assessment, Strategic Fit Assessment And Risk Profile Evaluation
2.4.4. Market Attractiveness Scoring and Interpretation
2.4.5. Strategic Implications and Recommendations
3. Propylene Glycol Market Supply Chain Analysis
3.1. Overview of the Supply Chain and Ecosystem
3.2. List Of Key Raw Materials, Resources & Suppliers
3.3. List Of Major Distributors and Channel Partners
3.4. List Of Major End Users
4. Global Propylene Glycol Market Trends And Strategies
4.1. Key Technologies & Future Trends
4.1.1 Sustainability, Climate Tech & Circular Economy
4.1.2 Industry 4.0 & Intelligent Manufacturing
4.1.3 Electric Mobility & Transportation Electrification
4.1.4 Digitalization, Cloud, Big Data & Cybersecurity
4.1.5 Biotechnology, Genomics & Precision Medicine
4.2. Major Trends
4.2.1 Rising Adoption Of Bio-Based Propylene Glycol
4.2.2 Increasing Use In Food-Safe Antifreeze Applications
4.2.3 Growing Demand From Pharmaceutical And Cosmetic Formulations
4.2.4 Expansion Of Deicing Applications In Transportation
4.2.5 Enhanced Focus On Low-Toxicity Chemical Solutions
5. Propylene Glycol Market Analysis Of End Use Industries
5.1 Cosmetics And Personal Care Manufacturers
5.2 Pharmaceutical Companies
5.3 Food And Beverage Producers
5.4 Chemical Manufacturers
5.5 Transportation And Deicing Solution Providers
6. Propylene Glycol Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, Supply Chain Impact from Tariff War & Trade Protectionism, And Covid And Recovery On The Market
7. Global Propylene Glycol Strategic Analysis Framework, Current Market Size, Market Comparisons And Growth Rate Analysis
7.1. Global Propylene Glycol PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
7.2. Global Propylene Glycol Market Size, Comparisons And Growth Rate Analysis
7.3. Global Propylene Glycol Historic Market Size and Growth, 2020 - 2025, Value ($ Billion)
7.4. Global Propylene Glycol Forecast Market Size and Growth, 2025 - 2030, 2035F, Value ($ Billion)
8. Global Propylene Glycol Total Addressable Market (TAM) Analysis for the Market
8.1. Definition and Scope of Total Addressable Market (TAM)
8.2. Methodology and Assumptions
8.3. Global Total Addressable Market (TAM) Estimation
8.4. TAM vs. Current Market Size Analysis
8.5. Strategic Insights and Growth Opportunities from TAM Analysis
9. Propylene Glycol Market Segmentation
9.1. Global Propylene Glycol Market, Segmentation By Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Petroleum-Based, Bio-Based
9.2. Global Propylene Glycol Market, Segmentation By Grade, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Industrial Grade, Pharmaceutical Grade
9.3. Global Propylene Glycol Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Animal Feed, Inks, Lacquers, Tobacco Humectants, Varnishes
9.4. Global Propylene Glycol Market, Segmentation By End User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Building And Construction, Consumer Goods, Cosmetics And Personal Care, Food And Beverages, Paint And Coatings, Pharmaceuticals, Textile Industries, Tobacco, Transportation
9.5. Global Propylene Glycol Market, Sub-Segmentation Of Petroleum-Based, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Conventional Propylene Glycol, High Purity Propylene Glycol
9.6. Global Propylene Glycol Market, Sub-Segmentation Of Bio-Based, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Glycerol-Based Propylene Glycol, Fermentation-Based Propylene Glycol
10. Propylene Glycol Market Regional And Country Analysis
10.1. Global Propylene Glycol Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
10.2. Global Propylene Glycol Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
11. Asia-Pacific Propylene Glycol Market
11.1. Asia-Pacific Propylene Glycol Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
11.2. Asia-Pacific Propylene Glycol Market, Segmentation By Source, Segmentation By Grade, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
12. China Propylene Glycol Market
12.1. China Propylene Glycol Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
12.2. China Propylene Glycol Market, Segmentation By Source, Segmentation By Grade, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
13. India Propylene Glycol Market
13.1. India Propylene Glycol Market, Segmentation By Source, Segmentation By Grade, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
14. Japan Propylene Glycol Market
14.1. Japan Propylene Glycol Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
14.2. Japan Propylene Glycol Market, Segmentation By Source, Segmentation By Grade, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
15. Australia Propylene Glycol Market
15.1. Australia Propylene Glycol Market, Segmentation By Source, Segmentation By Grade, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
16. Indonesia Propylene Glycol Market
16.1. Indonesia Propylene Glycol Market, Segmentation By Source, Segmentation By Grade, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
17. South Korea Propylene Glycol Market
17.1. South Korea Propylene Glycol Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
17.2. South Korea Propylene Glycol Market, Segmentation By Source, Segmentation By Grade, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
18. Taiwan Propylene Glycol Market
18.1. Taiwan Propylene Glycol Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
18.2. Taiwan Propylene Glycol Market, Segmentation By Source, Segmentation By Grade, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
19. South East Asia Propylene Glycol Market
19.1. South East Asia Propylene Glycol Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
19.2. South East Asia Propylene Glycol Market, Segmentation By Source, Segmentation By Grade, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
20. Western Europe Propylene Glycol Market
20.1. Western Europe Propylene Glycol Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
20.2. Western Europe Propylene Glycol Market, Segmentation By Source, Segmentation By Grade, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
21. UK Propylene Glycol Market
21.1. UK Propylene Glycol Market, Segmentation By Source, Segmentation By Grade, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
22. Germany Propylene Glycol Market
22.1. Germany Propylene Glycol Market, Segmentation By Source, Segmentation By Grade, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
23. France Propylene Glycol Market
23.1. France Propylene Glycol Market, Segmentation By Source, Segmentation By Grade, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
24. Italy Propylene Glycol Market
24.1. Italy Propylene Glycol Market, Segmentation By Source, Segmentation By Grade, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
25. Spain Propylene Glycol Market
25.1. Spain Propylene Glycol Market, Segmentation By Source, Segmentation By Grade, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
26. Eastern Europe Propylene Glycol Market
26.1. Eastern Europe Propylene Glycol Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
26.2. Eastern Europe Propylene Glycol Market, Segmentation By Source, Segmentation By Grade, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
27. Russia Propylene Glycol Market
27.1. Russia Propylene Glycol Market, Segmentation By Source, Segmentation By Grade, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
28. North America Propylene Glycol Market
28.1. North America Propylene Glycol Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
28.2. North America Propylene Glycol Market, Segmentation By Source, Segmentation By Grade, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
29. USA Propylene Glycol Market
29.1. USA Propylene Glycol Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
29.2. USA Propylene Glycol Market, Segmentation By Source, Segmentation By Grade, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
30. Canada Propylene Glycol Market
30.1. Canada Propylene Glycol Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
30.2. Canada Propylene Glycol Market, Segmentation By Source, Segmentation By Grade, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
31. South America Propylene Glycol Market
31.1. South America Propylene Glycol Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
31.2. South America Propylene Glycol Market, Segmentation By Source, Segmentation By Grade, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
32. Brazil Propylene Glycol Market
32.1. Brazil Propylene Glycol Market, Segmentation By Source, Segmentation By Grade, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
33. Middle East Propylene Glycol Market
33.1. Middle East Propylene Glycol Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
33.2. Middle East Propylene Glycol Market, Segmentation By Source, Segmentation By Grade, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
34. Africa Propylene Glycol Market
34.1. Africa Propylene Glycol Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
34.2. Africa Propylene Glycol Market, Segmentation By Source, Segmentation By Grade, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
35. Propylene Glycol Market Regulatory and Investment Landscape
36. Propylene Glycol Market Competitive Landscape And Company Profiles
36.1. Propylene Glycol Market Competitive Landscape And Market Share 2024
36.1.1. Top 10 Companies (Ranked by revenue/share)
36.2. Propylene Glycol Market - Company Scoring Matrix
36.2.1. Market Revenues
36.2.2. Product Innovation Score
36.2.3. Brand Recognition
36.3. Propylene Glycol Market Company Profiles
36.3.1. Dow Inc. Overview, Products and Services, Strategy and Financial Analysis
36.3.2. LyondellBasell Industries Overview, Products and Services, Strategy and Financial Analysis
36.3.3. BASF SE Overview, Products and Services, Strategy and Financial Analysis
36.3.4. Shell plc Overview, Products and Services, Strategy and Financial Analysis
36.3.5. Exxon Mobil Corporation Overview, Products and Services, Strategy and Financial Analysis
37. Propylene Glycol Market Other Major And Innovative Companies
Huntsman Corporation, SKC Co. Ltd., Asahi Kasei Corporation, LG Chem Ltd., Repsol S.A., PCC Group, Manali Petrochemicals Ltd., Reliance Industries Limited, PetroChina Company Limited, Shandong Shida Shenghua Chemical, Archer Daniels Midland Company, Cargill Incorporated, Oleon NV, Mitsui Chemicals, Inc., Formosa Plastics Corporation
38. Global Propylene Glycol Market Competitive Benchmarking And Dashboard
39. Key Mergers And Acquisitions In The Propylene Glycol Market
40. Propylene Glycol Market High Potential Countries, Segments and Strategies
40.1 Propylene Glycol Market In 2030 - Countries Offering Most New Opportunities
40.2 Propylene Glycol Market In 2030 - Segments Offering Most New Opportunities
40.3 Propylene Glycol Market In 2030 - Growth Strategies
40.3.1 Market Trend Based Strategies
40.3.2 Competitor Strategies
41. Appendix
41.1. Abbreviations
41.2. Currencies
41.3. Historic And Forecast Inflation Rates
41.4. Research Inquiries
41.5. The Business Research Company
41.6. Copyright And Disclaimer
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