Global Bio-based Propylene Glycol Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2032

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Global Bio-based Propylene Glycol Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2032

  • Chemical and Materials
  • Aug 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60
  • Author : Varun Juyal

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Global Bio Based Propylene Glycol Market

Market Size in USD Million

CAGR :  % Diagram

Bar chart comparing the Global Bio Based Propylene Glycol Market size in 2024 - 261.59 and 2032 - 611.60, highlighting the projected market growth. USD 261.59 Million USD 611.60 Million 2024 2032
Diagram Forecast Period
2025 –2032
Diagram Market Size (Base Year)
USD 261.59 Million
Diagram Market Size (Forecast Year)
USD 611.60 Million
Diagram CAGR
%
Diagram Major Markets Players
  • BASF SE
  • DOW
  • LyondellBasell Industries Holdings B.V.
  • ADM
  • Huntsman International LLC

Global Bio-based Propylene Glycol Market Segmentation, By Application (Unsaturated Polyester Resin, Antifreeze & Coolant, Chemical Intermediates, Solvent, and Others), End-use Industry (Automotive, Food Processing, Cosmetics, Pharmaceuticals, Construction, Marine, Transportation, and Others)- Industry Trends and Forecast to 2032

Bio-based Propylene Glycol Market Z

Bio-based Propylene Glycol Market Size

  • The global bio-based propylene glycol market size was valued at USD 261.59 Million in 2024 and is expected to reach USD 611.60 million by 2032, at a CAGR of 11.20% during the forecast period
  • The market growth is largely fuelled by the rising demand for sustainable and eco-friendly alternatives to petroleum-based chemicals, supported by stringent environmental regulations and increasing consumer awareness regarding green products
  • The expanding application scope of bio-based propylene glycol across diverse industries, such as de-icing fluids, unsaturated polyester resins, and personal care products, is further accelerating its market penetration across both developed and emerging economies

Bio-based Propylene Glycol Market Analysis

  • Growing adoption in sectors such as automotive, pharmaceuticals, cosmetics, and food and beverages is significantly driving demand, as bio-based propylene glycol is increasingly replacing synthetic variants due to its lower toxicity and better biodegradability
  • Technological advancements in glycerin and sorbitol-based production methods are enhancing the efficiency and scalability of bio-based propylene glycol manufacturing, making it more commercially viable for large-scale applications
  • North America dominated the bio-based propylene glycol market with the largest revenue share of 38.7% in 2024, driven by rising demand for sustainable chemicals and increasing awareness regarding bio-based alternatives in various industries such as automotive and construction
  • Asia-Pacific region is expected to witness the highest growth rate in the global bio-based propylene glycol market, driven by rising demand for eco-friendly products, expansion of key end-use sectors, and increasing investments in bio-based chemical production across countries such as China, Japan, and India
  • The unsaturated polyester resin segment dominated the market with the largest market revenue share in 2024, driven by its extensive use in fiberglass-reinforced plastics for construction, marine, and automotive applications. Manufacturers are increasingly opting for bio-based propylene glycol in resin formulations to comply with environmental regulations and reduce reliance on petroleum-based inputs. Its low toxicity and sustainable origin make it an ideal component for creating eco-friendly composite materials

Report Scope and Bio-based Propylene Glycol Market Segmentation

Attributes

Bio-based Propylene Glycol Key Market Insights

Segments Covered

  • By Application: Unsaturated Polyester Resin, Antifreeze & Coolant, Chemical Intermediates, Solvent, and Others
  • By End-use Industry: Automotive, Food Processing, Cosmetics, Pharmaceuticals, Construction, Marine, Transportation, and Others

Countries Covered

North America

  • U.S.
  • Canada
  • Mexico

Europe

  • Germany
  • France
  • U.K.
  • Netherlands
  • Switzerland
  • Belgium
  • Russia
  • Italy
  • Spain
  • Turkey
  • Rest of Europe

Asia-Pacific

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Australia
  • Thailand
  • Indonesia
  • Philippines
  • Rest of Asia-Pacific

Middle East and Africa

  • Saudi Arabia
  • U.A.E.
  • South Africa
  • Egypt
  • Israel
  • Rest of Middle East and Africa

South America

  • Brazil
  • Argentina
  • Rest of South America

Key Market Players

  • BASF SE (Germany)
  • DOW (U.S.)
  • LyondellBasell Industries Holdings B.V. (Netherlands)
  • ADM (U.S.)
  • Huntsman International LLC (U.S.)
  • Global Bio-Chem Technology Group Company Limited (China) 
  • Dupont (U.S.)
  • Tate & Lyle (U.K.)
  • Asahi India Glass Limited (India)
  • HELM AG (Germany)
  • Chaoyang Chemicals, Inc. (China)
  • ADEKA CORPORATION (Japan)
  • Shell International B.V. (Netherlands)
  • Golden Dyechem (India)
  • Oleon NV (Belgium)
  • Shandong Depu Chemical Industry Science & Technology Co., Ltd. (China)
  • INEOS (U.K.)

Market Opportunities

• Increasing Adoption of Sustainable Chemicals in Industrial Applications

• Expansion of Bio-Based Production Facilities in Emerging Economies

Value Added Data Infosets

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include import export analysis, production capacity overview, production consumption analysis, price trend analysis, climate change scenario, supply chain analysis, value chain analysis, raw material/consumables overview, vendor selection criteria, PESTLE Analysis, Porter Analysis, and regulatory framework.

Bio-based Propylene Glycol Market Trends

“Growing Integration of Bio-Based Glycols in Personal Care and Pharmaceutical Formulations”

  • Leading personal care brands are incorporating bio-based propylene glycol in skincare and cosmetic products due to its lower toxicity, natural sourcing, and moisturizing capabilities, helping align product portfolios with consumer preferences for organic and clean-label ingredients that avoid petroleum derivatives
  • Pharmaceutical companies are increasingly adopting bio-based glycols as excipients in cough syrups, capsules, and topical formulations, as they are recognized as safe and non-irritating, offering a biocompatible alternative to synthetic glycols for drug delivery systems in sensitive medical applications
  • The trend is further supported by marketing strategies that highlight the sustainability credentials of finished goods, enabling consumer brands to strengthen their environmental narratives while fulfilling regulatory compliance across Europe and North America
    • For instance, several European cosmetics manufacturers including Lush and Weleda have transitioned to using plant-based glycols in skincare and bath products, citing improved biodegradability, consumer demand for eco-certified inputs, and reduced carbon impact as motivating factors
  • This growing uptake of bio-based glycols across lifestyle and healthcare sectors is reinforcing long-term demand, opening new value chains, and incentivizing upstream investments in bio-refinery capacity and fermentation-based production systems

Bio-based Propylene Glycol Market Dynamics

Driver

“Rising Demand for Renewable Chemicals Across Industrial and Consumer Sectors”

• Heightened environmental consciousness, combined with policy-level pressure to reduce carbon emissions, is prompting manufacturers in sectors such as automotive, food, and personal care to switch from petroleum-based inputs to renewable, bio-based chemicals such as propylene glycol that offer low toxicity and reduced lifecycle emissions

• Industrial users are integrating bio-based propylene glycol into applications such as antifreeze, de-icing solutions, and lubricants, where renewable attributes offer both performance efficiency and brand alignment with corporate sustainability goals that are now integral to procurement decisions and investor relations

• Food and beverage companies are also adopting bio-based alternatives as humectants and solvents to meet regulatory standards and consumer expectations for clean-label formulations that exclude synthetic petrochemicals, especially in markets governed by strict ingredient disclosure norms

• For instance, Archer Daniels Midland Company supplies bio-based propylene glycol produced from glycerol for food-grade and pharmaceutical-grade applications, catering to both industrial clients and end-product manufacturers in North America and Europe

• This structural shift toward circular chemistry and fossil-free raw materials is driving demand for bio-based propylene glycol globally, accelerating innovation in fermentation pathways, and encouraging strategic partnerships across supply chains from feedstock to end-use integration

Restraint/Challenge

“High Production Costs and Feedstock Dependency Hindering Mass Adoption”

• Bio-based propylene glycol is currently more expensive to produce than petroleum-based alternatives due to the cost of fermentation technologies, advanced catalysts, and purification stages, which increase unit costs and limit price competitiveness in high-volume, cost-sensitive applications such as automotive coolants or industrial solvents

• Limited availability of agricultural feedstocks such as corn and glycerol—often influenced by seasonality, regional supply gaps, and competition from other bio-industrial uses—is restricting scalability and raising concerns over long-term supply security for bio-based glycol production units

• These cost and supply challenges are particularly restrictive in emerging economies where low-cost procurement takes priority over environmental attributes, making it difficult for local producers or importers to justify the higher price premium of sustainable formulations in everyday consumer products

• For instance, fluctuations in global biodiesel output have directly impacted glycerol availability, which in turn affected bio-based glycol supply chains in 2022, creating instability for downstream manufacturers in Asia-Pacific and parts of Latin America

• These constraints are slowing down the broader substitution of fossil-based glycols, emphasizing the need for feedstock diversification, cost-reduction innovations, and policy interventions to support scale efficiencies and secure long-term competitiveness of bio-based alternatives

Bio-based Propylene Glycol Market Scope

The market is segmented on the basis of application and end-use industry.

  • By Application

On the basis of application, the bio-based propylene glycol market is segmented into unsaturated polyester resin, antifreeze and coolant, chemical intermediates, solvent, and others. The unsaturated polyester resin segment dominated the market with the largest market revenue share in 2024, driven by its extensive use in fiberglass-reinforced plastics for construction, marine, and automotive applications. Manufacturers are increasingly opting for bio-based propylene glycol in resin formulations to comply with environmental regulations and reduce reliance on petroleum-based inputs. Its low toxicity and sustainable origin make it an ideal component for creating eco-friendly composite materials.

The antifreeze and coolant segment is expected to witness the fastest growth rate from 2025 to 2032, fueled by rising demand for biodegradable and less-toxic alternatives in automotive and industrial cooling systems. Bio-based propylene glycol offers effective freeze protection with minimal environmental impact, making it increasingly preferred in regions with stringent emissions and disposal norms. Growing electric vehicle deployment is also boosting the use of sustainable coolants with high thermal efficiency and safety profiles.

  • By End-use Industry

On the basis of end-use industry, the market is segmented into automotive, food processing, cosmetics, pharmaceuticals, construction, marine, transportation, and others. The automotive segment held the largest revenue share in 2024, driven by the growing use of bio-based propylene glycol in antifreeze formulations, brake fluids, and de-icing solutions. Automakers and parts suppliers are integrating renewable chemicals to align with carbon reduction targets and to meet evolving sustainability standards across global markets.

The pharmaceuticals segment is expected to witness the fastest growth rate from 2025 to 2032, supported by increased usage of bio-based glycols as solvents, carriers, and excipients in liquid medicines and topical formulations. Bio-based propylene glycol’s high purity, non-toxic nature, and excellent solvency make it suitable for sensitive applications, especially in parenteral and dermatological products. Regulatory support for safer excipients and consumer preference for green pharmaceuticals are key factors driving demand in this segment.

Bio-based Propylene Glycol Market Regional Analysis

• North America dominated the bio-based propylene glycol market with the largest revenue share of 38.7% in 2024, driven by rising demand for sustainable chemicals and increasing awareness regarding bio-based alternatives in various industries such as automotive and construction

• The presence of key manufacturers, supportive environmental regulations, and growing consumer preference for eco-friendly products contribute significantly to regional market expansion

• The rising adoption of bio-based propylene glycol across diverse applications, including antifreeze, personal care, and pharmaceuticals, further supports its dominance in the North American market

U.S. Bio-based Propylene Glycol Market Insight

The U.S. bio-based propylene glycol market captured a dominant revenue share in 2024 within North America, owing to strong industrial demand and favorable regulatory frameworks supporting green chemistry. Growth is propelled by increasing usage in antifreeze & coolant formulations and the rising substitution of petroleum-derived glycols with plant-based alternatives. Major players are investing in domestic production capacity, while the availability of advanced infrastructure and technology fosters innovation in bio-based chemicals.

Europe Bio-based Propylene Glycol Market Insight

The Europe bio-based propylene glycol market is expected to witness the fastest growth rate from 2025 to 2032, attributed to strict environmental policies such as REACH and increasing demand for biodegradable raw materials in consumer and industrial goods. The shift towards circular economy models and low-carbon manufacturing is prompting regional industries to embrace bio-based alternatives. Applications in pharmaceuticals, personal care, and automotive sectors are creating strong market demand across countries such as Germany, France, and the Netherlands.

U.K. Bio-based Propylene Glycol Market Insight

The U.K. bio-based propylene glycol market is expected to witness the fastest growth rate from 2025 to 2032, supported by growing investment in green technologies and a rising emphasis on carbon-neutral manufacturing processes. The use of bio-based propylene glycol is growing in the cosmetics and pharmaceutical sectors, supported by strong consumer preference for natural ingredients. The country’s policies promoting sustainable chemistry, combined with its commitment to climate goals, are encouraging both domestic and international players to invest in the U.K. market.

Germany Bio-based Propylene Glycol Market Insight

The Germany bio-based propylene glycol market is expected to witness the fastest growth rate from 2025 to 2032, driven by stringent regulatory standards on chemical safety and environmental impact. German industries are increasingly replacing synthetic glycols with bio-based counterparts in applications such as construction materials, automotive coolants, and solvent formulations. Innovation-focused companies are investing in scalable, bio-refinery-based production methods, aligning with Germany’s broader push toward sustainable industrial practices and climate targets.

Asia-Pacific Bio-based Propylene Glycol Market Insight

The Asia-Pacific bio-based propylene glycol market is expected to witness the fastest growth rate from 2025 to 2032, led by increased industrialization, population growth, and strong governmental push for sustainable alternatives in major countries such as China, India, and Japan. The region’s expanding cosmetics, food processing, and automotive industries are increasingly turning to bio-based ingredients. Moreover, the cost-effectiveness and scalable production of bio-based glycols in the region make it a manufacturing hub for global distribution.

Japan Bio-based Propylene Glycol Market Insight

The Japan bio-based propylene glycol market is expected to witness the fastest growth rate from 2025 to 2032, due to the country's commitment to environmental sustainability and technological innovation. Industries such as personal care, food additives, and electronics manufacturing are driving demand for bio-based inputs. Moreover, local research institutes and chemical firms are actively collaborating to enhance domestic bio-refinery capabilities, supporting long-term growth and self-sufficiency in green chemical production.

China Bio-based Propylene Glycol Market Insight

China accounted for the largest market revenue share in Asia-Pacific in 2024, driven by the country’s vast industrial base, favorable policy incentives, and growing demand for sustainable materials. The rapid growth of China's automotive, construction, and personal care sectors fuels widespread adoption of bio-based propylene glycol. Domestic manufacturers are scaling up production capacities, while government-backed sustainability goals and carbon neutrality pledges are reinforcing the transition toward renewable chemicals across multiple verticals.

Bio-based Propylene Glycol Market Share

The Bio-based Propylene Glycol industry is primarily led by well-established companies, including:

  • BASF SE (Germany)
  • DOW (U.S.)
  • LyondellBasell Industries Holdings B.V. (Netherlands)
  • ADM (U.S.)
  • Huntsman International LLC (U.S.)
  • Global Bio-Chem Technology Group Company Limited (China)
  • Dupont (U.S.)
  • Tate & Lyle (U.K.)
  • Asahi India Glass Limited (India)
  • HELM AG (Germany)
  • Chaoyang Chemicals, Inc. (China)
  • ADEKA CORPORATION (Japan)
  • Shell International B.V. (Netherlands)
  • Golden Dyechem (India)
  • Oleon NV (Belgium)
  • Shandong Depu Chemical Industry Science & Technology Co., Ltd. (China)
  • INEOS (U.K.)

Latest Developments in Global Bio-based Propylene Glycol Market

  • In November 2023, BASF entered into a strategic collaboration with a Brazilian firm to produce bio-based propylene glycol (Bio-PG) from sugarcane. This initiative aims to significantly reduce the carbon footprint of its product portfolio by using renewable feedstocks. The partnership aligns with BASF’s sustainability goals and strengthens its position in the green chemicals sector. This move is expected to drive increased adoption of Bio-PG in environmentally conscious markets and contribute to the overall growth of the bio-based chemicals industry
  • In September 2023, Cargill launched a new range of Bio-PG products featuring enhanced purity levels tailored for use in pharmaceutical and cosmetic applications. This product development enhances the quality and safety profile of Bio-PG, expanding its suitability for sensitive applications. The innovation reinforces Cargill’s presence in the value-added bio-based ingredients segment and is likely to boost market demand in premium end-use industries


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Global Bio Based Propylene Glycol Market, Supply Chain Analysis and Ecosystem Framework

To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Bio Based Propylene Glycol Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Bio Based Propylene Glycol Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.

Research Methodology

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Frequently Asked Questions

The global bio-based propylene glycol market size was valued at USD 261.59 million in 2024.
The global bio-based propylene glycol market is to grow at a CAGR of 11.20% during the forecast period of 2025 to 2032.
The major players operating in the market are BASF SE (Germany), DOW (U.S.), LyondellBasell Industries Holdings B.V. (Netherlands), ADM (U.S.), Huntsman International LLC (U.S.), Global Bio-Chem Technology Group Company Limited (China), Dupont (U.S.), Tate & Lyle (U.K.), SKC (South Korea), Asahi India Glass Limited (India), HELM AG (Germany), Chaoyang Chemicals, Inc. (China), Temix International S.R.L. (Italy), Qingdao Shida Chemical Co., Ltd. (China), ADEKA CORPORATION (Japan), Royal Dutch Shell plc (Netherlands), Golden Dyechem (India), TRInternational (U.S.), Oleon NV (Belgium), Shandong Depu Chemical Industry Science & Technology Co., Ltd. (China), and INEOS Group Ltd (U.K.)
Rising consumer awareness of sustainability and growth in the pharmaceutical industry are major drivers of the market.
The market is segmented into two notable segments based on application and end-use industry. On the basis of application, the market is segmented into unsaturated polyester resin, antifreeze & coolant, chemical intermediates, solvent, and others. On the basis of end-use industry, the market is segmented into automotive, food processing, cosmetics, pharmaceuticals, construction, marine, transportation, and others.

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