Global Bio-Based Propylene Glycol Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Solvent, Antifreeze & Coolant, and Chemical Intermediates

By Application;

Unsaturated Polyester Resins, Functional Fluids & Antifreeze Products, Detergents & Household Products, and Others

By End Use;

Transportation, Food & Beverages, Building & Construction, Pharmaceuticals, Cosmetics & Personal Care, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn390606968 Published Date: May, 2025 Updated Date: June, 2025

Bio-Based Propylene Glycol Market Overview

Bio-Based Propylene Glycol Market (USD Million)

Bio-Based Propylene Glycol Market was valued at USD 105.06 million in the year 2024. The size of this market is expected to increase to USD 147.83 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.


Global Bio-Based Propylene Glycol Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 5.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.0 %
Market Size (2024)USD 105.06 Million
Market Size (2031)USD 147.83 Million
Market ConcentrationMedium
Report Pages366
105.06
2024
147.83
2031

Major Players

  • Archer Daniels Midland Co
  • AyasRenewables Inc
  • Global Bio-chem Technology
  • Huntsman Corp.
  • L Air Liquide SA
  • Oleon NV

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Bio-Based Propylene Glycol Market

Fragmented - Highly competitive market without dominant players


The Bio-Based Propylene Glycol Market is undergoing a significant transformation as the demand for sustainable chemical alternatives intensifies. With approximately 30% of current propylene glycol demand being met by bio-based sources, industries are rapidly embracing eco-conscious production. This shift is primarily fueled by environmental concerns and the drive to reduce carbon emissions.

Key Growth Drivers
An increasing focus on green chemistry and renewable feedstocks is driving widespread adoption of bio-based propylene glycol across industries such as cosmetics, pharmaceuticals, automotive, and food processing. Around 40% of glycol-utilizing sectors now incorporate bio-based variants, underscoring a broader transition towards sustainable manufacturing and clean-label products.

Technological Progress
Breakthroughs in biotechnological processes—particularly fermentation and catalytic hydrogenolysis—have enhanced the cost-efficiency and scalability of bio-based production. These advancements have led to a 25% decrease in manufacturing costs, improving overall commercial feasibility. Ongoing innovation continues to elevate quality, purity, and sustainability metrics.

Regulatory and Environmental Influence
Environmental policies and regulatory guidelines are acting as key catalysts for market expansion. Nearly 45% of regulated industries have transitioned to bio-derived alternatives, aligning with global carbon reduction and circular economy targets. Certification frameworks and eco-labeling initiatives are also influencing consumer and corporate choices.

Prospects and Market Momentum
The future outlook remains positive, with bio-based formulations poised to capture over 50% of total usage in multiple industrial domains. The integration of sustainability into corporate strategies and growing awareness of renewable chemical solutions will continue to shape the market landscape, reinforcing the demand for bio-based propylene glycol.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By End Use
    4. Market Snapshot, By Region
  4. Bio-Based Propylene Glycol Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Consumer Demand for Sustainable Products
        2. Technological Advances in Production
        3. Government Incentives and Support
        4. Increased Awareness of Chemical Safety
      2. Restraints
        1. Limited Availability of Raw Materials
        2. Performance and Quality Issues
        3. Regulatory Compliance Challenges
        4. Market Resistance and Awareness
      3. Opportunities
        1. Development of New Applications
        2. Advancements in Production Technologies
        3. Collaborations and Strategic Partnerships
        4. Investment in R&D and Innovation
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Bio-Based Propylene Glycol Market, By Type, 2021 - 2031 (USD Million)
      1. Solvent
      2. Antifreeze & Coolant
      3. Chemical Intermediates
    2. Bio-Based Propylene Glycol Market, By Application, 2021 - 2031 (USD Million)
      1. Unsaturated Polyester Resins
      2. Functional Fluids & Antifreeze Products
      3. Detergents & Household Products
      4. Others
    3. Bio-Based Propylene Glycol Market, By End Use, 2021 - 2031 (USD Million)
      1. Transportation
      2. Food & Beverages
      3. Building & Construction
      4. Pharmaceuticals
      5. Cosmetics & Personal Care
      6. Others
    4. Bio-Based Propylene Glycol Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Archer Daniels Midland Company (ADM)
      2. BASF SE
      3. The Dow Chemical Company
      4. DuPont Tate & Lyle Bio Products Company
      5. Huntsman International LLC
      6. Oleon NV
      7. Ashland Global Holdings Inc.
      8. Shell Chemicals
      9. Cargill Incorporated
      10. Braskem SA
  7. Analyst Views
  8. Future Outlook of the Market