According to our (Global Info Research) latest study, the global Petroleum-based Propylene Glycol market size was valued at US$ 4763 million in 2024 and is forecast to a readjusted size of USD 6291 million by 2031 with a CAGR of 4.1% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Petroleum-based propylene glycol is a synthetic compound that is produced from petroleum-based feedstocks such as crude oil, natural gas, and petroleum gas. It is a clear, odorless, and colorless liquid with a slightly sweet taste.
Petroleum-based propylene glycol is widely used in various industries such as transportation, construction, food processing, and pharmaceuticals, among others. It is commonly used as a solvent, emulsifier, and humectant in personal care products such as moisturizers, shampoos, and deodorants. It is also used as a cooling agent in the food and beverage industry.
The global petroleum-based propylene glycol market refers to the market for propylene glycol that is produced from petroleum-based feedstocks. This market encompasses the production, distribution, and consumption of petroleum-based propylene glycol.
The market is driven by various factors, including the demand from industries such as transportation, construction, food processing, pharmaceuticals, and personal care. Petroleum-based propylene glycol is widely used as a solvent, emulsifier, and humectant in various products and applications.
The market is influenced by factors such as economic growth, industrial development, regulations, and consumer preferences. Additionally, there is increasing interest in sustainability and environmental concerns, leading to the development of alternative and bio-based propylene glycol options.
This report is a detailed and comprehensive analysis for global Petroleum-based Propylene Glycol market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Petroleum-based Propylene Glycol market size and forecasts, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2020-2031
Global Petroleum-based Propylene Glycol market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2020-2031
Global Petroleum-based Propylene Glycol market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2020-2031
Global Petroleum-based Propylene Glycol market shares of main players, shipments in revenue ($ Million), sales quantity (Kiloton), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Petroleum-based Propylene Glycol
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Petroleum-based Propylene Glycol market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include The Dow Chemical Company, LyondellBasell Industries, BASF SE, Archer Daniels Midland Company, Global Bio-chem Technology Group, Huntsman Corporation, Temix International, Shell Chemicals, Eastman Chemical Company, DowDuPont Inc, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Petroleum-based Propylene Glycol market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Industrial Grade
Pharmaceutical Grade
Other
Market segment by Application
Transportation
Building and Construction
Food and Beverage
Pharmaceuticals
Cosmetics and Personal Care
Others
Major players covered
The Dow Chemical Company
LyondellBasell Industries
BASF SE
Archer Daniels Midland Company
Global Bio-chem Technology Group
Huntsman Corporation
Temix International
Shell Chemicals
Eastman Chemical Company
DowDuPont Inc
INEOS
SABIC
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Petroleum-based Propylene Glycol product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Petroleum-based Propylene Glycol, with price, sales quantity, revenue, and global market share of Petroleum-based Propylene Glycol from 2020 to 2025.
Chapter 3, the Petroleum-based Propylene Glycol competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Petroleum-based Propylene Glycol breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Petroleum-based Propylene Glycol market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Petroleum-based Propylene Glycol.
Chapter 14 and 15, to describe Petroleum-based Propylene Glycol sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Petroleum-based Propylene Glycol. Industry analysis & Market Report on Petroleum-based Propylene Glycol is a syndicated market report, published as Global Petroleum-based Propylene Glycol Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Petroleum-based Propylene Glycol market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.