Biobased Propylene Glycol Market Poised for Growth, Projected to Reach USD 7.96 Billion by 2035 | FMI
Biobased Propylene Glycol Market
By 2035, USA biobased propylene glycol industry growing at a 6.0% CAGR, driven by rising demand for sustainable formulations in personal care.
NEWARK, DE, UNITED STATES, February 4, 2025 /EINPresswire.com/ -- The global biobased propylene glycol market is experiencing steady growth, driven by increasing demand for sustainable and eco-friendly chemicals across various industries. With a projected CAGR of 4.8% from 2025 to 2035, the market is expected to expand significantly, reaching a valuation of USD 7,956.5 million by 2035, up from USD 4,533.0 million in 2023.
This growth is fueled by rising regulatory support for bio-based products, increasing adoption in pharmaceuticals, personal care, and automotive applications, and a growing consumer preference for environmentally friendly alternatives to petroleum-based glycols.
𝐆𝐞𝐭 𝐘𝐨𝐮𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰! https://www.futuremarketinsights.com/report-sample#5245502d47422d313533
𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰
The global biobased propylene glycol market is experiencing rapid growth as industries shift toward sustainable and eco-friendly alternatives. Biobased propylene glycol, derived from renewable sources such as plant-based glycerin, offers a greener substitute for petroleum-derived propylene glycol. With increasing regulatory support, advancements in bio-refining technologies, and growing consumer preference for sustainable products, the market is expected to witness substantial expansion over the coming years.
The demand for biobased propylene glycol is primarily driven by its extensive applications across various industries, including pharmaceuticals, cosmetics, food & beverages, and automotive. The growing adoption of eco-friendly chemicals in industrial applications and strict environmental policies are further accelerating market growth.
𝐊𝐞𝐲 𝐅𝐚𝐜𝐭𝐨𝐫𝐬 𝐈𝐧𝐟𝐥𝐮𝐞𝐧𝐜𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡
• Regulatory Support and Sustainability Initiatives: Governments and regulatory bodies worldwide are implementing policies to encourage the use of biobased products. Stricter environmental regulations on carbon emissions and sustainability goals set by corporations have led to a surge in demand for biobased propylene glycol.
• Growing Consumer Awareness: Consumers are increasingly prioritizing eco-friendly and biodegradable products, particularly in personal care, cosmetics, and food industries. Biobased propylene glycol, being non-toxic and environmentally friendly, aligns with this trend.
• Advancements in Bio-Refining Technologies: Technological innovations in bio-refining have improved the efficiency and cost-effectiveness of producing biobased propylene glycol, making it a competitive alternative to petroleum-derived options.
• Expanding Applications Across Industries: Biobased propylene glycol is gaining traction across various sectors, including pharmaceuticals (as a carrier in drug formulations), food & beverages (as a food additive and humectant), and automotive (as an antifreeze component).
• Volatility in Crude Oil Prices: Fluctuating crude oil prices have encouraged industries to seek sustainable and cost-effective alternatives. Biobased propylene glycol, derived from renewable sources, provides a stable pricing structure and reduces dependence on fossil fuels.
𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐭𝐡𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭! https://www.futuremarketinsights.com/reports/global-biobased-propylene-glycol-market
𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬
• Biobased propylene glycol market is expanding rapidly, driven by sustainability initiatives and regulatory support.
• Consumer demand for eco-friendly products is increasing, particularly in personal care, cosmetics, and food industries.
• Advancements in bio-refining technologies are enhancing production efficiency and cost competitiveness.
• Major players like BASF, ADM, and Dow are investing in R&D and strategic partnerships to strengthen their market position.
• Asia-Pacific is emerging as a high-growth region, fueled by industrial expansion and sustainability awareness.
"The biobased propylene glycol market is set for robust growth, propelled by the global shift towards sustainability. With regulatory backing, technological advancements, and increasing consumer awareness, the market is well-positioned for long-term expansion. Companies that invest in innovation and strategic collaborations will gain a competitive edge in this rapidly evolving landscape." says Nikhil Kaitwade, Associate Vice President at Future Market Insights (FMI).
𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐎𝐮𝐭𝐥𝐨𝐨𝐤
The biobased propylene glycol market is characterized by intense competition, with key players focusing on expanding production capacities, strategic collaborations, and new product innovations. Major market participants include:
• 𝐂𝐚𝐫𝐠𝐢𝐥𝐥, 𝐈𝐧𝐜𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐞𝐝
• 𝐃𝐨𝐰 𝐈𝐧𝐜.
• 𝐁𝐀𝐒𝐅 𝐒𝐄
• 𝐀𝐃𝐌 (𝐀𝐫𝐜𝐡𝐞𝐫 𝐃𝐚𝐧𝐢𝐞𝐥𝐬 𝐌𝐢𝐝𝐥𝐚𝐧𝐝)
• 𝐋𝐲𝐨𝐧𝐝𝐞𝐥𝐥𝐁𝐚𝐬𝐞𝐥𝐥 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐞𝐬
• 𝐇𝐮𝐧𝐭𝐬𝐦𝐚𝐧 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧
• 𝐑𝐞𝐩𝐬𝐨𝐥 𝐒.𝐀.
• 𝐒𝐊 𝐆𝐥𝐨𝐛𝐚𝐥 𝐂𝐡𝐞𝐦𝐢𝐜𝐚𝐥
• 𝐏&𝐆 𝐂𝐡𝐞𝐦𝐢𝐜𝐚𝐥𝐬
• 𝐆𝐋𝐎𝐁𝐀𝐋 𝐁𝐢𝐨𝐂𝐡𝐞𝐦 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐆𝐫𝐨𝐮𝐩
These companies are investing in R&D activities to develop cost-effective and high-performance biobased propylene glycol solutions. Partnerships with bio-refineries and sustainability-driven strategies are shaping the competitive landscape.
𝐆𝐚𝐢𝐧 𝐚 𝐦𝐚𝐫𝐤𝐞𝐭 𝐨𝐯𝐞𝐫𝐯𝐢𝐞𝐰 𝐟𝐫𝐨𝐦 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐞𝐱𝐩𝐞𝐫𝐭𝐬 𝐚𝐧𝐝 𝐮𝐧𝐥𝐨𝐜𝐤 𝐯𝐚𝐥𝐮𝐚𝐛𝐥𝐞 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐭𝐨 𝐝𝐫𝐢𝐯𝐞 𝐲𝐨𝐮𝐫 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐠𝐫𝐨𝐰𝐭𝐡. 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐬𝐚𝐦𝐩𝐥𝐞 𝐧𝐨𝐰! https://www.futuremarketinsights.com/report-sample#5245502d47422d313533
𝐊𝐞𝐲 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐁𝐢𝐨𝐛𝐚𝐬𝐞𝐝 𝐏𝐫𝐨𝐩𝐲𝐥𝐞𝐧𝐞 𝐆𝐥𝐲𝐜𝐨𝐥 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲
By Source:
In terms of Sources, the industry is divided into Corn-Based, Sugarcane-Based, Soy-Based, and Others.
By Application:
In terms of Application, the industry is divided into Unsaturated Polyester Resins (UPR), Personal Care and Cosmetics, Pharmaceuticals, Food and Beverage, Automotive and Industrial Coolants, Adhesives and Sealants, Deicing Fluids, and Others.
𝐇𝐚𝐯𝐞 𝐚 𝐋𝐨𝐨𝐤 𝐚𝐭 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐨𝐟 𝐏𝐨𝐥𝐲𝐦𝐞𝐫𝐬 & 𝐏𝐥𝐚𝐬𝐭𝐢𝐜𝐬 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲
𝐏𝐨𝐰𝐝𝐞𝐫 𝐈𝐧𝐣𝐞𝐜𝐭𝐢𝐨𝐧 𝐌𝐨𝐥𝐝𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐢𝐳𝐞 & 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝟐𝟎𝟑𝟓: https://www.futuremarketinsights.com/reports/global-powder-injection-molding-market
𝐂𝐨𝐧𝐝𝐮𝐜𝐭𝐢𝐯𝐞 𝐏𝐥𝐚𝐬𝐭𝐢𝐜𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 𝐟𝐫𝐨𝐦 𝟐𝟎𝟐𝟓 𝐭𝐨 𝟐𝟎𝟑𝟓: https://www.futuremarketinsights.com/reports/conductive-plastics-market
𝐏𝐨𝐥𝐲𝐦𝐞𝐫 𝐄𝐦𝐮𝐥𝐬𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 & 𝐆𝐫𝐨𝐰𝐭𝐡 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬: https://www.futuremarketinsights.com/reports/polymer-emulsion-market
𝐁𝐢𝐨-𝐏𝐥𝐚𝐬𝐭𝐢𝐜𝐢𝐳𝐞𝐫𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐚𝐥𝐞𝐬 𝐎𝐮𝐭𝐥𝐨𝐨𝐤: https://www.futuremarketinsights.com/reports/bio-plasticizers-market
𝐏𝐨𝐥𝐲𝐩𝐫𝐨𝐩𝐲𝐥𝐞𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐞𝐦𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝟐𝟎𝟑𝟓: https://www.futuremarketinsights.com/reports/polypropylene-market
𝐒𝐲𝐧𝐭𝐡𝐞𝐭𝐢𝐜 𝐏𝐨𝐥𝐲𝐢𝐬𝐨𝐩𝐫𝐞𝐧𝐞 𝐑𝐮𝐛𝐛𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 𝐟𝐫𝐨𝐦 𝟐𝟎𝟐𝟓 𝐭𝐨 𝟐𝟎𝟑𝟓: https://www.futuremarketinsights.com/reports/synthetic-polyisoprene-rubber-market
𝐂𝐡𝐥𝐨𝐫𝐢𝐧𝐚𝐭𝐞𝐝 𝐏𝐨𝐥𝐲𝐞𝐭𝐡𝐲𝐥𝐞𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐕𝐚𝐥𝐮𝐞 & 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐭𝐨 𝟐𝟎𝟑𝟒: https://www.futuremarketinsights.com/reports/chlorinated-polyethylene-market
𝐂𝐚𝐫𝐛𝐨𝐱𝐲𝐦𝐞𝐭𝐡𝐲𝐥 𝐂𝐞𝐥𝐥𝐮𝐥𝐨𝐬𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐚𝐥𝐞𝐬 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬: https://www.futuremarketinsights.com/reports/carboxymethyl-cellulose-market
𝐏𝐨𝐥𝐲𝐞𝐭𝐡𝐲𝐥𝐞𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 & 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐭𝐨 𝟐𝟎𝟑𝟒: https://www.futuremarketinsights.com/reports/polyethylene-market
𝐎𝐩𝐭𝐢𝐜𝐚𝐥𝐥𝐲 𝐂𝐥𝐞𝐚𝐫 𝐑𝐞𝐬𝐢𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐢𝐳𝐞 & 𝐓𝐫𝐞𝐧𝐝𝐬: https://www.futuremarketinsights.com/reports/optically-clear-resin-market
𝐀𝐛𝐨𝐮𝐭 𝐅𝐮𝐭𝐮𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 (𝐅𝐌𝐈)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.
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