U.S. Propylene Glycol Market Size, Share, Trends, & Industry Analysis Report By Grade (Pharmaceutical & Food Grade, Industrial Grade), By Source, By End User – Market Forecast, 2025–2034
Description
The U.S. propylene glycol market size is expected to reach USD 1.66 Billion by 2034, according to a new study by Polaris Market Research. The report “U.S. Propylene Glycol Market Size, Share, Trends, Industry Analysis Report: By Grade (Pharmaceutical & Food Grade, Industrial Grade), By Source, By End User – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Propylene glycol is a colorless, odorless, and slightly viscous liquid used as a solvent, humectant, and preservative in various industries. It is commonly found in food, pharmaceuticals, cosmetics, and industrial applications like antifreeze and de-icing solutions.
The U.S. benefits from a robust ecosystem of research institutions, universities, and private-sector innovation, which drives continuous improvements in propylene glycol applications and production methods. Companies are investing in new technologies to enhance manufacturing efficiency, reduce emissions, and develop customized glycol formulations for specific end-use industries. AI and automation in chemical processing are helping optimize yield and reduce waste. Additionally, strong intellectual property protection and government funding for R&D encourage long-term innovation. This culture of technological advancement supports not just domestic demand but also strengthens the U.S.’s role in the global propylene glycol market.
The U.S. personal care and cosmetics market is one of the largest globally, creating consistent demand for propylene glycol as a key ingredient in lotions, creams, shampoos, and other skincare products. Consumers are increasingly seeking products that are both effective and safe, driving the use of FDA-approved and dermatologically tested ingredients like propylene glycol. With growing interest in beauty, wellness, and self-care trends the product innovation cycle is speeding up, boosting demand. Additionally, the shift toward natural and sustainable formulations is driving interest in bio-based propylene glycol.
U.S. Propylene Glycol Market Report Highlights
The pharmaceutical and food grade equipment segment is projected to grow at a CAGR of 4.3% during the forecast period, supported by strict FDA regulations and a growing consumer focus on product safety and high-quality standards.
The bio-based propylene glycol segment is expected to capture a notable market share over the coming years, driven by increasing environmental consciousness, corporate sustainability initiatives, and backing from government programs like the BioPreferred Program.
In 2024, the automotive sector accounted for 26.88% of total market revenue, as the U.S. remains one of the largest and most established automotive markets, with strong demand for propylene glycol-based antifreeze, coolants, and brake fluids.
The pharmaceutical segment held a significant 9.86% revenue share in 2024, fueled by the country’s robust R&D ecosystem, advanced production capabilities, and stringent regulatory oversight, ensuring consistent demand for pharmaceutical-grade glycol.
The global key market players are Adeka Corporation; Archer-Daniels-Midland Company; Asahi Glass Co., LTD.; BASF SE; Chaoyang Chemicals, Inc.; Dow Chemicals; Helm AG; Huntsman International LLC; INEOS Oxide Ltd.; LyondellBasell Industries Holdings B.V.; Royal Dutch Shell PLC; Sinopec; SKC; Sumitomo Chemicals; Temix Oleo S.R.L.
Polaris market research has segmented the U.S. Propylene Glycol Market report based on grade, source, end user:
By Grade (Revenue - USD Billion; Volume - Kilotons, 2020–2034)
Pharmaceutical & Food Grade
Industrial Grade
By Source (Revenue - USD Billion; Volume - Kilotons, 2020–2034)
Petroleum-Based Propylene Glycol
Bio-Based Propylene Glycol
By End User (Revenue - USD Billion; Volume - Kilotons, 2020–2034)
Food and Beverage
Automotive
Personal Care and Cosmetics
Chemical
Pharmaceutical
Construction
Others
Propylene glycol is a colorless, odorless, and slightly viscous liquid used as a solvent, humectant, and preservative in various industries. It is commonly found in food, pharmaceuticals, cosmetics, and industrial applications like antifreeze and de-icing solutions.
The U.S. benefits from a robust ecosystem of research institutions, universities, and private-sector innovation, which drives continuous improvements in propylene glycol applications and production methods. Companies are investing in new technologies to enhance manufacturing efficiency, reduce emissions, and develop customized glycol formulations for specific end-use industries. AI and automation in chemical processing are helping optimize yield and reduce waste. Additionally, strong intellectual property protection and government funding for R&D encourage long-term innovation. This culture of technological advancement supports not just domestic demand but also strengthens the U.S.’s role in the global propylene glycol market.
The U.S. personal care and cosmetics market is one of the largest globally, creating consistent demand for propylene glycol as a key ingredient in lotions, creams, shampoos, and other skincare products. Consumers are increasingly seeking products that are both effective and safe, driving the use of FDA-approved and dermatologically tested ingredients like propylene glycol. With growing interest in beauty, wellness, and self-care trends the product innovation cycle is speeding up, boosting demand. Additionally, the shift toward natural and sustainable formulations is driving interest in bio-based propylene glycol.
U.S. Propylene Glycol Market Report Highlights
The pharmaceutical and food grade equipment segment is projected to grow at a CAGR of 4.3% during the forecast period, supported by strict FDA regulations and a growing consumer focus on product safety and high-quality standards.
The bio-based propylene glycol segment is expected to capture a notable market share over the coming years, driven by increasing environmental consciousness, corporate sustainability initiatives, and backing from government programs like the BioPreferred Program.
In 2024, the automotive sector accounted for 26.88% of total market revenue, as the U.S. remains one of the largest and most established automotive markets, with strong demand for propylene glycol-based antifreeze, coolants, and brake fluids.
The pharmaceutical segment held a significant 9.86% revenue share in 2024, fueled by the country’s robust R&D ecosystem, advanced production capabilities, and stringent regulatory oversight, ensuring consistent demand for pharmaceutical-grade glycol.
The global key market players are Adeka Corporation; Archer-Daniels-Midland Company; Asahi Glass Co., LTD.; BASF SE; Chaoyang Chemicals, Inc.; Dow Chemicals; Helm AG; Huntsman International LLC; INEOS Oxide Ltd.; LyondellBasell Industries Holdings B.V.; Royal Dutch Shell PLC; Sinopec; SKC; Sumitomo Chemicals; Temix Oleo S.R.L.
Polaris market research has segmented the U.S. Propylene Glycol Market report based on grade, source, end user:
By Grade (Revenue - USD Billion; Volume - Kilotons, 2020–2034)
Pharmaceutical & Food Grade
Industrial Grade
By Source (Revenue - USD Billion; Volume - Kilotons, 2020–2034)
Petroleum-Based Propylene Glycol
Bio-Based Propylene Glycol
By End User (Revenue - USD Billion; Volume - Kilotons, 2020–2034)
Food and Beverage
Automotive
Personal Care and Cosmetics
Chemical
Pharmaceutical
Construction
Others
Table of Contents
125 Pages
- Chapter 1.Introduction
- 1.1Report Description
- 1.1.1Objectives of the Study
- 1.1.2Market Scope
- 1.1.3Assumptions
- 1.2Stakeholders
- Chapter 2.Executive Summary
- Chapter 3.Research Methodology
- 3.1Overview
- 3.1.1Data Mining
- 3.2Data Sources
- 3.2.1Primary Sources
- 3.2.2Secondary Sources
- Chapter 4.U.S. Propylene Glycol Market Insights
- 4.1Propylene Glycol – Industry snapshot
- 4.1U.S. Propylene Glycol Market Dynamics
- 4.1.1Drivers and Opportunities
- 4.1.1.1Rising demand from automobile sector for antifreeze solutions
- 4.1.1.2Rising demand from end-use industries
- 4.1.2Restraints and Challenges
- 4.1.2.1Volatile raw material prices and shortage in supplies
- 4.2Porter’s Five Forces Analysis
- 4.2.1Bargaining Power of Suppliers (Medium)
- 4.2.2Threats of New Entrants: (Low to Medium)
- 4.2.3Bargaining Power of Buyers (High)
- 4.2.4Threat of Substitute (Medium to High)
- 4.2.5Rivalry among existing firms (High)
- 4.3PEST Analysis
- 4.1U.S. Propylene Glycol Market – Value Chain Analysis
- 4.2U.S. Propylene Glycol Market – Covid Impact Analysis and Industry Trends
- Chapter 5.U.S. Propylene Glycol Market Assessment by Grade
- 5.1Introduction
- 5.2Pharmaceutical & Food Grade
- 5.3Industrial Grade
- Chapter 6.U.S. Propylene Glycol Market Assessment by Source
- 6.1Introduction
- 6.2Petroleum-Based Propylene Glycol
- 6.3Bio-Based Propylene Glycol
- Chapter 7.U.S. Propylene Glycol Market Assessment by End-User
- 7.1Introduction
- 7.2Food and Beverage
- 7.3Automotive
- 7.4Personal Care and Cosmetics
- 7.5Chemical
- 7.6Pharmaceutical
- 7.7Construction
- 7.8Other End-Users
- Chapter 8.Competitive Landscape
- 8.1Competitive Environment
- 8.2Competitive Trends
- 8.3Estimated Company Market Share Analysis, 2020
- Chapter 9.Company Profiles
- 9.1BASF SE
- 9.1.1Business Overview
- 9.1.2Financial Snapshot
- 9.1.3Products and Services
- 9.1.4Recent Developments
- 9.2Global Bio-Chem Technology Group Co., LTD.
- 9.2.1Business Overview
- 9.2.2Financial Snapshot
- 9.2.3Products and Services
- 9.3Dow Chemicals
- 9.3.1Business Overview
- 9.3.2Financial Snapshot
- 9.3.3Products and Services
- 9.3.4Recent Developments
- 9.4Temix Oleo S.R.L.
- 9.4.1Business Overview
- 9.4.2Products and Services
- 9.5Asahi Glass Co., LTD.
- 9.5.1Business Overview
- 9.5.2Financial Snapshot
- 9.5.3Products and Services
- 9.5.4Recent Developments
- 9.6Sinopec
- 9.6.1Business Overview
- 9.6.2Financial Snapshot
- 9.6.3Products and Services
- 9.6.4Recent Developments
- 9.7INEOS Oxide Ltd.
- 9.7.1Business Overview
- 9.7.2Financial Snapshot
- 9.7.3Products and Services
- 9.7.4Recent Developments
- 9.8Sumitomo Chemicals
- 9.8.1Business Overview
- 9.8.2Financial Snapshot
- 9.8.2Products and Services
- 9.8.4Recent Developments
- 9.9Chaoyang Chemicals, Inc.
- 9.8.1Business Overview
- 9.8.2Products and Services
- 9.10SKC
- 9.9.1Business Overview
- 9.9.2Financial Snapshot
- 9.9.3Products and Services
- 9.11TRInternational
- 9.11.1Business Overview
- 9.11.2Financial Snapshot
- 9.11.3Products and Services
- 9.12Royal Dutch Shell PLC
- 9.12.1Business Overview
- 9.12.2Financial Snapshot
- 9.12.3Products and Services
- 9.13Helm AG
- 9.13.1Business Overview
- 9.13.2Financial Snapshot
- 9.13.3Products and Services
- 9.13.4Recent Developments
- 9.14LyondellBasell Industries Holdings B.V.
- 9.14.1Business Overview
- 9.14.2Financial Snapshot
- 9.14.3Products and Services
- 9.15Adeka Corporation
- 9.15.1Business Overview
- 9.15.2Financial Snapshot
- 9.15.3Products and Services
- 9.16Huntsman International LLC
- 9.16.1Business Overview
- 9.16.2Financial Snapshot
- 9.16.3Products and Services
- 9.17Archer-Daniels-Midland Company
- 9.17.1Business Overview
- 9.17.2Financial Snapshot
- 9.17.3Products and Services
- 9.17.4Recent Developments
Pricing
Currency Rates
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