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.
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.
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 toward sustainable energy sources such as wind, solar, hydro, and biomass. This rising investment reflects a global transition toward environmentally friendly power generation. Increased renewable energy investment supports the development of sustainable production processes that use bio-based feedstocks, thereby boosting the production of bio-based propylene glycol. For example, in May 2023, the International Energy Agency, a France-based intergovernmental organization, reported that global clean energy investment rose from $1.61 trillion in 2022 to $1.74 trillion in 2023, indicating a shift toward sustainable energy solutions. Therefore, rising investment in renewable energy is driving the growth of the bio-based propylene glycol market.
Major companies in the bio-based propylene glycol market are focusing on innovations such as propylene glycol REN featuring Ecolibrium bio-circular technology to enhance sustainability and reduce carbon footprints. Propylene Glycol REN is produced using renewable, bio-based feedstocks through eco-friendly processes supported by bio-circular technology. For instance, in March 2024, Dow Inc., a US-based materials science company, introduced two new sustainable varieties of propylene glycol (PG) solutions - bio-circular and circular feedstocks - in North America. These advancements aim to reduce the environmental impact of Dow’s operations and products by replacing conventional fossil-based feedstocks with renewable alternatives and minimizing waste through circular manufacturing principles.
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 collaboration aims to advance more environmentally friendly propylene glycol production by converting renewable glycerol into high-quality bio-based glycol, thereby reducing CO₂ emissions. BASF SE, a Germany-based chemical company, is a key provider of bio-based propylene glycol.
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.
Asia-Pacific was the largest region in the bio-based propylene glycol market in 2025. The regions covered in the bio-based propylene glycol market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the bio-based propylene glycol market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
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.
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 product will be delivered within 1-3 business days.
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.
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 toward sustainable energy sources such as wind, solar, hydro, and biomass. This rising investment reflects a global transition toward environmentally friendly power generation. Increased renewable energy investment supports the development of sustainable production processes that use bio-based feedstocks, thereby boosting the production of bio-based propylene glycol. For example, in May 2023, the International Energy Agency, a France-based intergovernmental organization, reported that global clean energy investment rose from $1.61 trillion in 2022 to $1.74 trillion in 2023, indicating a shift toward sustainable energy solutions. Therefore, rising investment in renewable energy is driving the growth of the bio-based propylene glycol market.
Major companies in the bio-based propylene glycol market are focusing on innovations such as propylene glycol REN featuring Ecolibrium bio-circular technology to enhance sustainability and reduce carbon footprints. Propylene Glycol REN is produced using renewable, bio-based feedstocks through eco-friendly processes supported by bio-circular technology. For instance, in March 2024, Dow Inc., a US-based materials science company, introduced two new sustainable varieties of propylene glycol (PG) solutions - bio-circular and circular feedstocks - in North America. These advancements aim to reduce the environmental impact of Dow’s operations and products by replacing conventional fossil-based feedstocks with renewable alternatives and minimizing waste through circular manufacturing principles.
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 collaboration aims to advance more environmentally friendly propylene glycol production by converting renewable glycerol into high-quality bio-based glycol, thereby reducing CO₂ emissions. BASF SE, a Germany-based chemical company, is a key provider of bio-based propylene glycol.
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.
Asia-Pacific was the largest region in the bio-based propylene glycol market in 2025. The regions covered in the bio-based propylene glycol market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the bio-based propylene glycol market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
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.
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 product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary
2. Bio-Based Propylene Glycol Market Characteristics
3. Bio-Based Propylene Glycol Market Supply Chain Analysis
4. Global Bio-Based Propylene Glycol Market Trends and Strategies
5. Bio-Based Propylene Glycol Market Analysis of End Use Industries
7. Global Bio-Based Propylene Glycol Strategic Analysis Framework, Current Market Size, Market Comparisons and Growth Rate Analysis
8. Global Bio-Based Propylene Glycol Total Addressable Market (TAM) Analysis for the Market
9. Bio-Based Propylene Glycol Market Segmentation
10. Bio-Based Propylene Glycol Market Regional and Country Analysis
11. Asia-Pacific Bio-Based Propylene Glycol Market
12. China Bio-Based Propylene Glycol Market
13. India Bio-Based Propylene Glycol Market
14. Japan Bio-Based Propylene Glycol Market
15. Australia Bio-Based Propylene Glycol Market
16. Indonesia Bio-Based Propylene Glycol Market
17. South Korea Bio-Based Propylene Glycol Market
18. Taiwan Bio-Based Propylene Glycol Market
19. South East Asia Bio-Based Propylene Glycol Market
20. Western Europe Bio-Based Propylene Glycol Market
21. UK Bio-Based Propylene Glycol Market
22. Germany Bio-Based Propylene Glycol Market
23. France Bio-Based Propylene Glycol Market
24. Italy Bio-Based Propylene Glycol Market
25. Spain Bio-Based Propylene Glycol Market
26. Eastern Europe Bio-Based Propylene Glycol Market
27. Russia Bio-Based Propylene Glycol Market
28. North America Bio-Based Propylene Glycol Market
29. USA Bio-Based Propylene Glycol Market
30. Canada Bio-Based Propylene Glycol Market
31. South America Bio-Based Propylene Glycol Market
32. Brazil Bio-Based Propylene Glycol Market
33. Middle East Bio-Based Propylene Glycol Market
34. Africa Bio-Based Propylene Glycol Market
36. Bio-Based Propylene Glycol Market Competitive Landscape and Company Profiles
37. Bio-Based Propylene Glycol Market Other Major and Innovative Companies
40. Bio-Based Propylene Glycol Market High Potential Countries, Segments and Strategies
41. Appendix
Executive Summary
Bio-Based Propylene Glycol Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses bio-based propylene glycol market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase::
- Gain a truly global perspective with the most comprehensive report available on this market covering 16 geographies.
- Assess the impact of key macro factors such as geopolitical conflicts, trade policies and tariffs, inflation and interest rate fluctuations, and evolving regulatory landscapes.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on end user analysis.
- Benchmark performance against key competitors based on market share, innovation, and brand strength.
- Evaluate the total addressable market (TAM) and market attractiveness scoring to measure market potential.
- Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for bio-based propylene glycol? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The bio-based propylene glycol market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
- The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
- The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
- The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
- The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Report Scope
Markets Covered:
1) By Type: Bio-Based 1, 2- Propylene Glycol; Bio-Based 1,3- Propylene Glycol2) 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 Industries
Companies Mentioned: 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.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: Word, PDF or Interactive Report + Excel Dashboard
Added Benefits:
- Bi-Annual Data Update
- Customisation
- Expert Consultant Support
Companies Mentioned
The companies featured in this Bio-Based Propylene Glycol market report include:- 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.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | January 2026 |
| Forecast Period | 2026 - 2030 |
| Estimated Market Value ( USD | $ 4.84 Billion |
| Forecasted Market Value ( USD | $ 5.54 Billion |
| Compound Annual Growth Rate | 3.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 20 |
