Global Petroleum-based Propylene Glycol Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
1 Market Overview
- 1.1 Product Overview and Scope
- 1.2 Market Estimation Caveats and Base Year
- 1.3 Market Analysis by Type
- 1.3.1 Overview: Global Petroleum-based Propylene Glycol Consumption Value by Type: 2020 Versus 2024 Versus 2031
- 1.3.2 Industrial Grade
- 1.3.3 Pharmaceutical Grade
- 1.3.4 Other
- 1.4 Market Analysis by Application
- 1.4.1 Overview: Global Petroleum-based Propylene Glycol Consumption Value by Application: 2020 Versus 2024 Versus 2031
- 1.4.2 Transportation
- 1.4.3 Building and Construction
- 1.4.4 Food and Beverage
- 1.4.5 Pharmaceuticals
- 1.4.6 Cosmetics and Personal Care
- 1.4.7 Others
- 1.5 Global Petroleum-based Propylene Glycol Market Size & Forecast
- 1.5.1 Global Petroleum-based Propylene Glycol Consumption Value (2020 & 2024 & 2031)
- 1.5.2 Global Petroleum-based Propylene Glycol Sales Quantity (2020-2031)
- 1.5.3 Global Petroleum-based Propylene Glycol Average Price (2020-2031)
2 Manufacturers Profiles
- 2.1 The Dow Chemical Company
- 2.1.1 The Dow Chemical Company Details
- 2.1.2 The Dow Chemical Company Major Business
- 2.1.3 The Dow Chemical Company Petroleum-based Propylene Glycol Product and Services
- 2.1.4 The Dow Chemical Company Petroleum-based Propylene Glycol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.1.5 The Dow Chemical Company Recent Developments/Updates
- 2.2 LyondellBasell Industries
- 2.2.1 LyondellBasell Industries Details
- 2.2.2 LyondellBasell Industries Major Business
- 2.2.3 LyondellBasell Industries Petroleum-based Propylene Glycol Product and Services
- 2.2.4 LyondellBasell Industries Petroleum-based Propylene Glycol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.2.5 LyondellBasell Industries Recent Developments/Updates
- 2.3 BASF SE
- 2.3.1 BASF SE Details
- 2.3.2 BASF SE Major Business
- 2.3.3 BASF SE Petroleum-based Propylene Glycol Product and Services
- 2.3.4 BASF SE Petroleum-based Propylene Glycol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.3.5 BASF SE Recent Developments/Updates
- 2.4 Archer Daniels Midland Company
- 2.4.1 Archer Daniels Midland Company Details
- 2.4.2 Archer Daniels Midland Company Major Business
- 2.4.3 Archer Daniels Midland Company Petroleum-based Propylene Glycol Product and Services
- 2.4.4 Archer Daniels Midland Company Petroleum-based Propylene Glycol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.4.5 Archer Daniels Midland Company Recent Developments/Updates
- 2.5 Global Bio-chem Technology Group
- 2.5.1 Global Bio-chem Technology Group Details
- 2.5.2 Global Bio-chem Technology Group Major Business
- 2.5.3 Global Bio-chem Technology Group Petroleum-based Propylene Glycol Product and Services
- 2.5.4 Global Bio-chem Technology Group Petroleum-based Propylene Glycol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.5.5 Global Bio-chem Technology Group Recent Developments/Updates
- 2.6 Huntsman Corporation
- 2.6.1 Huntsman Corporation Details
- 2.6.2 Huntsman Corporation Major Business
- 2.6.3 Huntsman Corporation Petroleum-based Propylene Glycol Product and Services
- 2.6.4 Huntsman Corporation Petroleum-based Propylene Glycol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.6.5 Huntsman Corporation Recent Developments/Updates
- 2.7 Temix International
- 2.7.1 Temix International Details
- 2.7.2 Temix International Major Business
- 2.7.3 Temix International Petroleum-based Propylene Glycol Product and Services
- 2.7.4 Temix International Petroleum-based Propylene Glycol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.7.5 Temix International Recent Developments/Updates
- 2.8 Shell Chemicals
- 2.8.1 Shell Chemicals Details
- 2.8.2 Shell Chemicals Major Business
- 2.8.3 Shell Chemicals Petroleum-based Propylene Glycol Product and Services
- 2.8.4 Shell Chemicals Petroleum-based Propylene Glycol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.8.5 Shell Chemicals Recent Developments/Updates
- 2.9 Eastman Chemical Company
- 2.9.1 Eastman Chemical Company Details
- 2.9.2 Eastman Chemical Company Major Business
- 2.9.3 Eastman Chemical Company Petroleum-based Propylene Glycol Product and Services
- 2.9.4 Eastman Chemical Company Petroleum-based Propylene Glycol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.9.5 Eastman Chemical Company Recent Developments/Updates
- 2.10 DowDuPont Inc
- 2.10.1 DowDuPont Inc Details
- 2.10.2 DowDuPont Inc Major Business
- 2.10.3 DowDuPont Inc Petroleum-based Propylene Glycol Product and Services
- 2.10.4 DowDuPont Inc Petroleum-based Propylene Glycol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.10.5 DowDuPont Inc Recent Developments/Updates
- 2.11 INEOS
- 2.11.1 INEOS Details
- 2.11.2 INEOS Major Business
- 2.11.3 INEOS Petroleum-based Propylene Glycol Product and Services
- 2.11.4 INEOS Petroleum-based Propylene Glycol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.11.5 INEOS Recent Developments/Updates
- 2.12 SABIC
- 2.12.1 SABIC Details
- 2.12.2 SABIC Major Business
- 2.12.3 SABIC Petroleum-based Propylene Glycol Product and Services
- 2.12.4 SABIC Petroleum-based Propylene Glycol Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.12.5 SABIC Recent Developments/Updates
3 Competitive Environment: Petroleum-based Propylene Glycol by Manufacturer
- 3.1 Global Petroleum-based Propylene Glycol Sales Quantity by Manufacturer (2020-2025)
- 3.2 Global Petroleum-based Propylene Glycol Revenue by Manufacturer (2020-2025)
- 3.3 Global Petroleum-based Propylene Glycol Average Price by Manufacturer (2020-2025)
- 3.4 Market Share Analysis (2024)
- 3.4.1 Producer Shipments of Petroleum-based Propylene Glycol by Manufacturer Revenue ($MM) and Market Share (%): 2024
- 3.4.2 Top 3 Petroleum-based Propylene Glycol Manufacturer Market Share in 2024
- 3.4.3 Top 6 Petroleum-based Propylene Glycol Manufacturer Market Share in 2024
- 3.5 Petroleum-based Propylene Glycol Market: Overall Company Footprint Analysis
- 3.5.1 Petroleum-based Propylene Glycol Market: Region Footprint
- 3.5.2 Petroleum-based Propylene Glycol Market: Company Product Type Footprint
- 3.5.3 Petroleum-based Propylene Glycol Market: Company Product Application Footprint
- 3.6 New Market Entrants and Barriers to Market Entry
- 3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
- 4.1 Global Petroleum-based Propylene Glycol Market Size by Region
- 4.1.1 Global Petroleum-based Propylene Glycol Sales Quantity by Region (2020-2031)
- 4.1.2 Global Petroleum-based Propylene Glycol Consumption Value by Region (2020-2031)
- 4.1.3 Global Petroleum-based Propylene Glycol Average Price by Region (2020-2031)
- 4.2 North America Petroleum-based Propylene Glycol Consumption Value (2020-2031)
- 4.3 Europe Petroleum-based Propylene Glycol Consumption Value (2020-2031)
- 4.4 Asia-Pacific Petroleum-based Propylene Glycol Consumption Value (2020-2031)
- 4.5 South America Petroleum-based Propylene Glycol Consumption Value (2020-2031)
- 4.6 Middle East & Africa Petroleum-based Propylene Glycol Consumption Value (2020-2031)
5 Market Segment by Type
- 5.1 Global Petroleum-based Propylene Glycol Sales Quantity by Type (2020-2031)
- 5.2 Global Petroleum-based Propylene Glycol Consumption Value by Type (2020-2031)
- 5.3 Global Petroleum-based Propylene Glycol Average Price by Type (2020-2031)
6 Market Segment by Application
- 6.1 Global Petroleum-based Propylene Glycol Sales Quantity by Application (2020-2031)
- 6.2 Global Petroleum-based Propylene Glycol Consumption Value by Application (2020-2031)
- 6.3 Global Petroleum-based Propylene Glycol Average Price by Application (2020-2031)
7 North America
- 7.1 North America Petroleum-based Propylene Glycol Sales Quantity by Type (2020-2031)
- 7.2 North America Petroleum-based Propylene Glycol Sales Quantity by Application (2020-2031)
- 7.3 North America Petroleum-based Propylene Glycol Market Size by Country
- 7.3.1 North America Petroleum-based Propylene Glycol Sales Quantity by Country (2020-2031)
- 7.3.2 North America Petroleum-based Propylene Glycol Consumption Value by Country (2020-2031)
- 7.3.3 United States Market Size and Forecast (2020-2031)
- 7.3.4 Canada Market Size and Forecast (2020-2031)
- 7.3.5 Mexico Market Size and Forecast (2020-2031)
8 Europe
- 8.1 Europe Petroleum-based Propylene Glycol Sales Quantity by Type (2020-2031)
- 8.2 Europe Petroleum-based Propylene Glycol Sales Quantity by Application (2020-2031)
- 8.3 Europe Petroleum-based Propylene Glycol Market Size by Country
- 8.3.1 Europe Petroleum-based Propylene Glycol Sales Quantity by Country (2020-2031)
- 8.3.2 Europe Petroleum-based Propylene Glycol Consumption Value by Country (2020-2031)
- 8.3.3 Germany Market Size and Forecast (2020-2031)
- 8.3.4 France Market Size and Forecast (2020-2031)
- 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
- 8.3.6 Russia Market Size and Forecast (2020-2031)
- 8.3.7 Italy Market Size and Forecast (2020-2031)
9 Asia-Pacific
- 9.1 Asia-Pacific Petroleum-based Propylene Glycol Sales Quantity by Type (2020-2031)
- 9.2 Asia-Pacific Petroleum-based Propylene Glycol Sales Quantity by Application (2020-2031)
- 9.3 Asia-Pacific Petroleum-based Propylene Glycol Market Size by Region
- 9.3.1 Asia-Pacific Petroleum-based Propylene Glycol Sales Quantity by Region (2020-2031)
- 9.3.2 Asia-Pacific Petroleum-based Propylene Glycol Consumption Value by Region (2020-2031)
- 9.3.3 China Market Size and Forecast (2020-2031)
- 9.3.4 Japan Market Size and Forecast (2020-2031)
- 9.3.5 South Korea Market Size and Forecast (2020-2031)
- 9.3.6 India Market Size and Forecast (2020-2031)
- 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
- 9.3.8 Australia Market Size and Forecast (2020-2031)
10 South America
- 10.1 South America Petroleum-based Propylene Glycol Sales Quantity by Type (2020-2031)
- 10.2 South America Petroleum-based Propylene Glycol Sales Quantity by Application (2020-2031)
- 10.3 South America Petroleum-based Propylene Glycol Market Size by Country
- 10.3.1 South America Petroleum-based Propylene Glycol Sales Quantity by Country (2020-2031)
- 10.3.2 South America Petroleum-based Propylene Glycol Consumption Value by Country (2020-2031)
- 10.3.3 Brazil Market Size and Forecast (2020-2031)
- 10.3.4 Argentina Market Size and Forecast (2020-2031)
11 Middle East & Africa
- 11.1 Middle East & Africa Petroleum-based Propylene Glycol Sales Quantity by Type (2020-2031)
- 11.2 Middle East & Africa Petroleum-based Propylene Glycol Sales Quantity by Application (2020-2031)
- 11.3 Middle East & Africa Petroleum-based Propylene Glycol Market Size by Country
- 11.3.1 Middle East & Africa Petroleum-based Propylene Glycol Sales Quantity by Country (2020-2031)
- 11.3.2 Middle East & Africa Petroleum-based Propylene Glycol Consumption Value by Country (2020-2031)
- 11.3.3 Turkey Market Size and Forecast (2020-2031)
- 11.3.4 Egypt Market Size and Forecast (2020-2031)
- 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
- 11.3.6 South Africa Market Size and Forecast (2020-2031)
12 Market Dynamics
- 12.1 Petroleum-based Propylene Glycol Market Drivers
- 12.2 Petroleum-based Propylene Glycol Market Restraints
- 12.3 Petroleum-based Propylene Glycol Trends Analysis
- 12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
- 13.1 Raw Material of Petroleum-based Propylene Glycol and Key Manufacturers
- 13.2 Manufacturing Costs Percentage of Petroleum-based Propylene Glycol
- 13.3 Petroleum-based Propylene Glycol Production Process
- 13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
- 14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
- 14.2 Petroleum-based Propylene Glycol Typical Distributors
- 14.3 Petroleum-based Propylene Glycol Typical Customers
15 Research Findings and Conclusion
16 Appendix
- 16.1 Methodology
- 16.2 Research Process and Data Source
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.