Product Code: ETC13295411 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Bio-Based Propylene Glycol Market was valued at USD 1.3 Billion in 2024 and is expected to reach USD 2.5 Billion by 2031, growing at a compound annual growth rate of 7.90% during the forecast period (2025-2031).
The Global Bio-Based Propylene Glycol Market is experiencing significant growth due to the rising demand for sustainable and environmentally friendly products in various industries such as food and beverage, pharmaceuticals, cosmetics, and automotive. Bio-based propylene glycol is derived from renewable resources such as corn, sugarcane, and soybeans, making it a preferred choice over petroleum-based propylene glycol. The market is driven by increasing awareness about the environmental benefits of bio-based products, stringent regulations promoting the use of renewable chemicals, and the shift towards green chemistry practices. Key players in the market are focusing on research and development activities to enhance product quality and expand their market presence. The Asia Pacific region is expected to witness substantial growth in the bio-based propylene glycol market due to increasing industrial activities and government initiatives promoting sustainable practices.
The Global Bio-Based Propylene Glycol Market is experiencing significant growth due to the increasing consumer preference for sustainable and eco-friendly products. The rising awareness about the environmental impact of traditional propylene glycol production methods has led to a shift towards bio-based alternatives. Key market trends include the development of innovative manufacturing processes utilizing renewable feedstocks such as corn, sugarcane, and soy. Additionally, the growing demand for bio-based propylene glycol in industries such as cosmetics, pharmaceuticals, and food & beverage presents lucrative opportunities for market expansion. Companies are investing in research and development to improve product quality and explore new applications, creating a competitive landscape with potential for further growth and diversification in the bio-based propylene glycol market.
One of the main challenges faced in the Global Bio-Based Propylene Glycol Market is the competition from traditional petroleum-based propylene glycol products. While there is a growing consumer preference for sustainable and eco-friendly products, bio-based propylene glycol often faces higher production costs compared to its petroleum-based counterpart, making it less competitive in terms of pricing. Additionally, the limited availability of raw materials for bio-based propylene glycol production can also pose a challenge in scaling up production to meet increasing demand. Market players in the bio-based propylene glycol industry need to focus on improving production efficiency, exploring alternative feedstock sources, and educating consumers about the benefits of sustainable products to overcome these challenges and drive market growth.
The Global Bio-Based Propylene Glycol Market is primarily driven by the increasing consumer demand for eco-friendly and sustainable products. The growing awareness regarding the environmental impact of traditional petrochemical-based propylene glycol has led to a shift towards bio-based alternatives. Additionally, stringent regulations and policies promoting the use of renewable and biodegradable materials are further fueling the market growth. The versatility of bio-based propylene glycol in various industries such as cosmetics, pharmaceuticals, food, and automotive is also contributing to its increasing adoption. The availability of raw materials such as biomass and agricultural waste for the production of bio-based propylene glycol is another factor driving market expansion. Overall, the market is expected to continue to grow as companies and consumers prioritize sustainability and environmental responsibility.
Government policies related to the Global Bio-Based Propylene Glycol Market focus on promoting sustainability and reducing dependence on fossil fuels. Many countries have implemented initiatives to encourage the adoption of bio-based propylene glycol, such as providing subsidies or tax incentives for manufacturers using renewable feedstocks. Additionally, regulations aimed at reducing carbon emissions and promoting environmentally friendly products further drive the market for bio-based propylene glycol. Governments are also investing in research and development efforts to improve the efficiency and cost-effectiveness of bio-based production processes. Overall, the regulatory environment is supportive of the growth of the global bio-based propylene glycol market, with a strong emphasis on sustainability and environmental protection.
The Global Bio-Based Propylene Glycol Market is expected to witness significant growth in the coming years due to increasing awareness regarding sustainability and environmental concerns. The market is likely to be driven by the rising demand for bio-based chemicals and materials in various industries such as cosmetics, pharmaceuticals, and food & beverage. Government initiatives promoting the use of bio-based products, along with stringent regulations on the use of conventional propylene glycol, are also anticipated to fuel market growth. Technological advancements in bio-based production processes and the growing trend of green chemistry are further expected to propel the market expansion. Overall, the future outlook for the Global Bio-Based Propylene Glycol Market appears promising with opportunities for market players to capitalize on the shifting consumer preferences towards eco-friendly alternatives.
In the Global Bio-Based Propylene Glycol Market, Asia is anticipated to witness significant growth due to the increasing demand for eco-friendly products in countries like China and India. North America is expected to lead the market owing to the strong presence of key market players and a growing focus on sustainable solutions. In Europe, regulatory support for bio-based chemicals is driving market growth, especially in countries like Germany and the Netherlands. The Middle East and Africa region is slowly adopting bio-based propylene glycol due to the rising awareness about environmental sustainability. Latin America is also showing promising growth potential with the expansion of the chemical industry and the emphasis on reducing carbon footprint in countries like Brazil and Mexico.
Global Bio-Based Propylene Glycol Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Bio-Based Propylene Glycol Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Bio-Based Propylene Glycol Market Revenues & Volume, 2021 & 2031F |
3.3 Global Bio-Based Propylene Glycol Market - Industry Life Cycle |
3.4 Global Bio-Based Propylene Glycol Market - Porter's Five Forces |
3.5 Global Bio-Based Propylene Glycol Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Bio-Based Propylene Glycol Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Global Bio-Based Propylene Glycol Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Global Bio-Based Propylene Glycol Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Global Bio-Based Propylene Glycol Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.10 Global Bio-Based Propylene Glycol Market Revenues & Volume Share, By Environmental Benefit, 2021 & 2031F |
4 Global Bio-Based Propylene Glycol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Bio-Based Propylene Glycol Market Trends |
6 Global Bio-Based Propylene Glycol Market, 2021 - 2031 |
6.1 Global Bio-Based Propylene Glycol Market, Revenues & Volume, By Product Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Bio-Based Propylene Glycol Market, Revenues & Volume, By Bio-Propylene Glycol, 2021 - 2031 |
6.1.3 Global Bio-Based Propylene Glycol Market, Revenues & Volume, By Bio-Propylene Glycol, 2021 - 2031 |
6.1.4 Global Bio-Based Propylene Glycol Market, Revenues & Volume, By Bio-Propylene Glycol, 2021 - 2031 |
6.2 Global Bio-Based Propylene Glycol Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Bio-Based Propylene Glycol Market, Revenues & Volume, By Antifreeze, 2021 - 2031 |
6.2.3 Global Bio-Based Propylene Glycol Market, Revenues & Volume, By Cosmetics, 2021 - 2031 |
6.2.4 Global Bio-Based Propylene Glycol Market, Revenues & Volume, By Pharmaceuticals, 2021 - 2031 |
6.3 Global Bio-Based Propylene Glycol Market, Revenues & Volume, By End User, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Bio-Based Propylene Glycol Market, Revenues & Volume, By Automotive, 2021 - 2031 |
6.3.3 Global Bio-Based Propylene Glycol Market, Revenues & Volume, By Personal Care, 2021 - 2031 |
6.3.4 Global Bio-Based Propylene Glycol Market, Revenues & Volume, By Healthcare, 2021 - 2031 |
6.4 Global Bio-Based Propylene Glycol Market, Revenues & Volume, By Source, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Bio-Based Propylene Glycol Market, Revenues & Volume, By Biomass, 2021 - 2031 |
6.4.3 Global Bio-Based Propylene Glycol Market, Revenues & Volume, By Corn-Based, 2021 - 2031 |
6.4.4 Global Bio-Based Propylene Glycol Market, Revenues & Volume, By Plant-Based, 2021 - 2031 |
6.5 Global Bio-Based Propylene Glycol Market, Revenues & Volume, By Environmental Benefit, 2021 - 2031 |
6.5.1 Overview & Analysis |
6.5.2 Global Bio-Based Propylene Glycol Market, Revenues & Volume, By Biodegradable, 2021 - 2031 |
6.5.3 Global Bio-Based Propylene Glycol Market, Revenues & Volume, By Low Emission, 2021 - 2031 |
6.5.4 Global Bio-Based Propylene Glycol Market, Revenues & Volume, By Renewable, 2021 - 2031 |
7 North America Bio-Based Propylene Glycol Market, Overview & Analysis |
7.1 North America Bio-Based Propylene Glycol Market Revenues & Volume, 2021 - 2031 |
7.2 North America Bio-Based Propylene Glycol Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Bio-Based Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Bio-Based Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Bio-Based Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Bio-Based Propylene Glycol Market, Revenues & Volume, By Product Type, 2021 - 2031 |
7.4 North America Bio-Based Propylene Glycol Market, Revenues & Volume, By Application, 2021 - 2031 |
7.5 North America Bio-Based Propylene Glycol Market, Revenues & Volume, By End User, 2021 - 2031 |
7.6 North America Bio-Based Propylene Glycol Market, Revenues & Volume, By Source, 2021 - 2031 |
7.7 North America Bio-Based Propylene Glycol Market, Revenues & Volume, By Environmental Benefit, 2021 - 2031 |
8 Latin America (LATAM) Bio-Based Propylene Glycol Market, Overview & Analysis |
8.1 Latin America (LATAM) Bio-Based Propylene Glycol Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Bio-Based Propylene Glycol Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Bio-Based Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Bio-Based Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Bio-Based Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Bio-Based Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Bio-Based Propylene Glycol Market, Revenues & Volume, By Product Type, 2021 - 2031 |
8.4 Latin America (LATAM) Bio-Based Propylene Glycol Market, Revenues & Volume, By Application, 2021 - 2031 |
8.5 Latin America (LATAM) Bio-Based Propylene Glycol Market, Revenues & Volume, By End User, 2021 - 2031 |
8.6 Latin America (LATAM) Bio-Based Propylene Glycol Market, Revenues & Volume, By Source, 2021 - 2031 |
8.7 Latin America (LATAM) Bio-Based Propylene Glycol Market, Revenues & Volume, By Environmental Benefit, 2021 - 2031 |
9 Asia Bio-Based Propylene Glycol Market, Overview & Analysis |
9.1 Asia Bio-Based Propylene Glycol Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Bio-Based Propylene Glycol Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Bio-Based Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Bio-Based Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Bio-Based Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Bio-Based Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Bio-Based Propylene Glycol Market, Revenues & Volume, By Product Type, 2021 - 2031 |
9.4 Asia Bio-Based Propylene Glycol Market, Revenues & Volume, By Application, 2021 - 2031 |
9.5 Asia Bio-Based Propylene Glycol Market, Revenues & Volume, By End User, 2021 - 2031 |
9.6 Asia Bio-Based Propylene Glycol Market, Revenues & Volume, By Source, 2021 - 2031 |
9.7 Asia Bio-Based Propylene Glycol Market, Revenues & Volume, By Environmental Benefit, 2021 - 2031 |
10 Africa Bio-Based Propylene Glycol Market, Overview & Analysis |
10.1 Africa Bio-Based Propylene Glycol Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Bio-Based Propylene Glycol Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Bio-Based Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Bio-Based Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Bio-Based Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Bio-Based Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Bio-Based Propylene Glycol Market, Revenues & Volume, By Product Type, 2021 - 2031 |
10.4 Africa Bio-Based Propylene Glycol Market, Revenues & Volume, By Application, 2021 - 2031 |
10.5 Africa Bio-Based Propylene Glycol Market, Revenues & Volume, By End User, 2021 - 2031 |
10.6 Africa Bio-Based Propylene Glycol Market, Revenues & Volume, By Source, 2021 - 2031 |
10.7 Africa Bio-Based Propylene Glycol Market, Revenues & Volume, By Environmental Benefit, 2021 - 2031 |
11 Europe Bio-Based Propylene Glycol Market, Overview & Analysis |
11.1 Europe Bio-Based Propylene Glycol Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Bio-Based Propylene Glycol Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Bio-Based Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Bio-Based Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Bio-Based Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Bio-Based Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Bio-Based Propylene Glycol Market, Revenues & Volume, By Product Type, 2021 - 2031 |
11.4 Europe Bio-Based Propylene Glycol Market, Revenues & Volume, By Application, 2021 - 2031 |
11.5 Europe Bio-Based Propylene Glycol Market, Revenues & Volume, By End User, 2021 - 2031 |
11.6 Europe Bio-Based Propylene Glycol Market, Revenues & Volume, By Source, 2021 - 2031 |
11.7 Europe Bio-Based Propylene Glycol Market, Revenues & Volume, By Environmental Benefit, 2021 - 2031 |
12 Middle East Bio-Based Propylene Glycol Market, Overview & Analysis |
12.1 Middle East Bio-Based Propylene Glycol Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Bio-Based Propylene Glycol Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Bio-Based Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Bio-Based Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Bio-Based Propylene Glycol Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Bio-Based Propylene Glycol Market, Revenues & Volume, By Product Type, 2021 - 2031 |
12.4 Middle East Bio-Based Propylene Glycol Market, Revenues & Volume, By Application, 2021 - 2031 |
12.5 Middle East Bio-Based Propylene Glycol Market, Revenues & Volume, By End User, 2021 - 2031 |
12.6 Middle East Bio-Based Propylene Glycol Market, Revenues & Volume, By Source, 2021 - 2031 |
12.7 Middle East Bio-Based Propylene Glycol Market, Revenues & Volume, By Environmental Benefit, 2021 - 2031 |
13 Global Bio-Based Propylene Glycol Market Key Performance Indicators |
14 Global Bio-Based Propylene Glycol Market - Export/Import By Countries Assessment |
15 Global Bio-Based Propylene Glycol Market - Opportunity Assessment |
15.1 Global Bio-Based Propylene Glycol Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Bio-Based Propylene Glycol Market Opportunity Assessment, By Product Type, 2021 & 2031F |
15.3 Global Bio-Based Propylene Glycol Market Opportunity Assessment, By Application, 2021 & 2031F |
15.4 Global Bio-Based Propylene Glycol Market Opportunity Assessment, By End User, 2021 & 2031F |
15.5 Global Bio-Based Propylene Glycol Market Opportunity Assessment, By Source, 2021 & 2031F |
15.6 Global Bio-Based Propylene Glycol Market Opportunity Assessment, By Environmental Benefit, 2021 & 2031F |
16 Global Bio-Based Propylene Glycol Market - Competitive Landscape |
16.1 Global Bio-Based Propylene Glycol Market Revenue Share, By Companies, 2024 |
16.2 Global Bio-Based Propylene Glycol Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |