Bio-Based Propylene Glycol Market Report 2026
Global Outlook – By Type (Bio-Based 1, 2- Propylene Glycol, Bio-Based 1,3- Propylene Glycol), By Application (Solvent, Chemical Intermediates, Unsaturated Polyester Adhesives, Antifreeze And Coolant, Other Applications), By End-User Industry (Food Processing, Building And Construction, Cosmetics, Automotive, Pharmaceuticals, Transportation, Detergent And Household, Marine, Other End-User Industries) – Market Size, Trends, Strategies, and Forecast to 2030
Bio-Based Propylene Glycol Market Overview
• Bio-Based Propylene Glycol market size has reached to $4.66 billion in 2025 • Expected to grow to $5.54 billion in 2030 at a compound annual growth rate (CAGR) of 3.4% • Growth Driver: Renewable Energy Investment Boosts Growth Of Bio-Based Propylene Glycol Market • Market Trend: Sustainable Innovations In Bio-Based Propylene Glycol Manufacturing • Asia-Pacific was the largest region in 2025 and Eastern Europe is the fastest growing region.What Is Covered Under Bio-Based Propylene Glycol Market?
Bio-based propylene glycol is a sustainable alternative to traditional propylene glycol derived from renewable biomass feedstocks such as plants, agricultural byproducts, or waste materials. It shares the chemical features and capabilities of its petroleum-derived counterpart while reducing reliance on fossil resources. The main types of bio-based propylene glycol are bio-based 1, 2- propylene glycol, and bio-based 1,3- propylene glycol. Bio-based 1,2-propylene glycol is a renewable, eco-friendly glycol derived from biological sources, used widely in food, pharmaceuticals, and cosmetics. Applications include solvents, chemical intermediates, unsaturated polyester adhesives, antifreeze, coolants, and more, utilized by end-users in food processing, building and construction, cosmetics, automotive, pharmaceuticals, transportation, detergents and household products, marine, and others.
What Is The Bio-Based Propylene Glycol Market Size and Share 2026?
The bio-based propylene glycol market size has grown steadily in recent years. It will grow from $4.66 billion in 2025 to $4.84 billion in 2026 at a compound annual growth rate (CAGR) of 3.9%. The growth in the historic period can be attributed to dependence on fossil based glycols, food and beverage processing demand, growth in antifreeze applications, industrial solvent usage, construction chemical demand.What Is The Bio-Based Propylene Glycol Market Growth Forecast?
The bio-based propylene glycol market size is expected to see steady growth in the next few years. It will grow to $5.54 billion in 2030 at a compound annual growth rate (CAGR) of 3.4%. The growth in the forecast period can be attributed to sustainability regulations, bio based chemical investments, demand for low toxicity solvents, green building growth, automotive coolant innovations. Major trends in the forecast period include rising adoption of bio based chemical alternatives, increasing demand in food and cosmetic applications, expansion of green antifreeze solutions, growing use in sustainable construction materials, focus on renewable feedstock utilization.
Global Bio-Based Propylene Glycol Market Segmentation
1) By Type: Bio-Based 1, 2- Propylene Glycol, Bio-Based 1,3- Propylene Glycol 2) By Application: Solvent, Chemical Intermediates, Unsaturated Polyester Adhesives, Antifreeze And Coolant, Other Applications 3) By End-User Industry: Food Processing, Building And Construction, Cosmetics, Automotive, Pharmaceuticals, Transportation, Detergent And Household, Marine, Other End-User IndustriesWhat Is The Driver Of The Bio-Based Propylene Glycol Market?
The rising investment in renewable energy is expected to propel the growth of the bio-based propylene glycol market going forward. Investment in renewable energy refers to the financial allocation towards sustainable energy sources such as wind, solar, hydro, and biomass. Rising investment in renewable energy signifies a global shift towards sustainable and environmentally friendly power generation. Investment in renewable energy has enhanced the production of bio-based propylene glycol by enabling the development of sustainable processes utilizing bio-based feedstocks. For instance, in May 2023, according to the International Energy Agency, a France-based intergovernmental organization, global clean energy investment increased from $1,617 billion in 2022 to $1,740 billion in 2023, reflecting a modest shift in financial allocation towards sustainable energy solutions. Therefore, the rising investment in renewable energy is driving the growth of the bio-based propylene glycol industry.Key Players In The Global Bio-Based Propylene Glycol Market
Major companies operating in the bio-based propylene glycol market are Shell Chemicals, Cargill Incorporated, Archer Daniels Midland Company, Repsol SA, ORLEN Południe SA, BASF SE, Dow Inc, LyondellBasell Industries N.V., Braskem SA, Huntsman Corporation, Clariant AG, Ashland Global Holdings Inc, Tate & Lyle Bio PLC, Global Bio-chem Technology Group Company Limited, Oleon NV, Houghton Chemical Corporation, Ayas Renewables Inc, Rennovia Inc., Vertec Biosolvents Inc.
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Global Bio-Based Propylene Glycol Market Trends and Insights
Major companies operating in the bio-based propylene glycol market are focusing their efforts on developing propylene glycol REN featuring ecolibrium bio-circular technology to enhance sustainability and reduce carbon footprints. Propylene Glycol REN, featuring Ecolibrium bio-circular technology, refers to a sustainable form of propylene glycol produced using renewable, bio-based feedstocks through an environmentally friendly process. For instance, in March 2024, Dow Inc., a US-based materials science company, launched bio-circular and circular feedstocks, two new sustainable varieties of propylene glycol (PG) solutions, in North America. These innovative solutions aim to reduce the environmental impact of the company's operations and products by leveraging renewable resources and minimizing waste. The bio-circular feedstocks are designed to replace traditional fossil-based feedstocks, promoting a more sustainable and environmentally friendly approach to manufacturing.What Are Latest Mergers And Acquisitions In The Bio-Based Propylene Glycol Market?
In May 2023 Polski Koncern Naftowy ORLEN S.A., a Poland-based integrated multi-utility corporation, partnered with BASF to produce sustainable, bio-based propylene glycol from glycerol. This partnership aims to make propylene glycol production more sustainable by converting renewable glycerol into high-quality, bio-based glycol, reducing CO₂ emissions. BASF SE is a Germany-based chemical company that is a provider of bio-based propylene glycol.
Regional Insights
Asia-Pacific was the largest region in the bio-based propylene glycol market in 2025. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, SpainNeed data for a specific geography? Request Regional Data
What Defines the Bio-Based Propylene Glycol Market?
The bio-based propylene glycol market consists of sales of industrial-grade bio-based propylene glycol, food-grade bio-based propylene glycol, and pharmaceutical-grade bio-based propylene glycol. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.How is Market Value Defined and Measured?
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This chart presents market attractiveness based on a quantitative evaluation of growth, competition, strategic alignment, and risk, offering a clear view of opportunity areas for decision-making. This chart is for illustrative purposes; the full report contains the complete analysis.
This chart highlights the Total Addressable Market (TAM) by estimating the maximum revenue opportunity using an assumption-driven approach, supporting strategic planning and opportunity sizing across markets. The chart is illustrative; the full report provides a more comprehensive analysis.
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What Key Data and Analysis Are Included in the Bio-Based Propylene Glycol Market Report 2026?
The bio-based propylene glycol market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the bio-based propylene glycol industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.Bio Based Propylene Glycol Market Report Forecast Analysis
| Report Attribute | Details |
|---|---|
| Market Size Value In 2026 | $4.84 billion |
| Revenue Forecast In 2030 | $5.54 billion |
| Growth Rate | CAGR of 3.9% from 2026 to 2030 |
| Base Year For Estimation | 2025 |
| Actual Estimates/Historical Data | 2020-2025 |
| Forecast Period | 2026 - 2030 |
| Market Representation | Revenue in USD Billion and CAGR from 2026 to 2030 |
| Segments Covered | Type, Application, End-User Industry |
| Regional Scope | Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa |
| Country Scope | The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain |
| Key Companies Profiled | Shell Chemicals, Cargill Incorporated, Archer Daniels Midland Company, Repsol SA, ORLEN Południe SA, BASF SE, Dow Inc, LyondellBasell Industries N.V., Braskem SA, Huntsman Corporation, Clariant AG, Ashland Global Holdings Inc, Tate & Lyle Bio PLC, Global Bio-chem Technology Group Company Limited, Oleon NV, Houghton Chemical Corporation, Ayas Renewables Inc, Rennovia Inc., Vertec Biosolvents Inc. |
| Customization Scope | Request for Customization |
| Pricing And Purchase Options | Explore Purchase Options |