U.S. Propylene Glycol Market to Surpass $1.66 billion by 2034

U.S. Propylene Glycol Market Size Worth USD 1.66 Billion by 2034 | CAGR: 4.5%


The U.S. propylene glycol market size is expected to reach USD 1.66 Billion by 2034, according to a new study by Polaris Market Research. The report “U.S. Propylene Glycol Market Size, Share, Trends, Industry Analysis Report: By Grade (Pharmaceutical & Food Grade, Industrial Grade), By Source, By End User – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Propylene glycol is a colorless, odorless, and slightly viscous liquid used as a solvent, humectant, and preservative in various industries. It is commonly found in food, pharmaceuticals, cosmetics, and industrial applications like antifreeze and de-icing solutions.

The U.S. benefits from a robust ecosystem of research institutions, universities, and private-sector innovation, which drives continuous improvements in propylene glycol applications and production methods. Companies are investing in new technologies to enhance manufacturing efficiency, reduce emissions, and develop customized glycol formulations for specific end-use industries. AI and automation in chemical processing are helping optimize yield and reduce waste. Additionally, strong intellectual property protection and government funding for R&D encourage long-term innovation. This culture of technological advancement supports not just domestic demand but also strengthens the U.S.’s role in the global propylene glycol market.

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The U.S. personal care and cosmetics market is one of the largest globally, creating consistent demand for propylene glycol as a key ingredient in lotions, creams, shampoos, and other skincare products. Consumers are increasingly seeking products that are both effective and safe, driving the use of FDA-approved and dermatologically tested ingredients like propylene glycol. With growing interest in beauty, wellness, and self-care trends the product innovation cycle is speeding up, boosting demand. Additionally, the shift toward natural and sustainable formulations is driving interest in bio-based propylene glycol.

U.S. Propylene Glycol Market Report Highlights

  • The pharmaceutical and food grade equipment segment is projected to grow at a CAGR of 4.3% during the forecast period, supported by strict FDA regulations and a growing consumer focus on product safety and high-quality standards.
  • The bio-based propylene glycol segment is expected to capture a notable market share over the coming years, driven by increasing environmental consciousness, corporate sustainability initiatives, and backing from government programs like the BioPreferred Program.
  • In 2024, the automotive sector accounted for 26.88% of total market revenue, as the U.S. remains one of the largest and most established automotive markets, with strong demand for propylene glycol-based antifreeze, coolants, and brake fluids.
  • The pharmaceutical segment held a significant 9.86% revenue share in 2024, fueled by the country’s robust R&D ecosystem, advanced production capabilities, and stringent regulatory oversight, ensuring consistent demand for pharmaceutical-grade glycol.
  • The global key market players are Adeka Corporation; Archer-Daniels-Midland Company; Asahi Glass Co., LTD.; BASF SE; Chaoyang Chemicals, Inc.; Dow Chemicals; Helm AG; Huntsman International LLC; INEOS Oxide Ltd.; LyondellBasell Industries Holdings B.V.; Royal Dutch Shell PLC; Sinopec; SKC; Sumitomo Chemicals; Temix Oleo S.R.L.

Polaris market research has segmented the U.S. Propylene Glycol Market report based on grade, source, end user:

By Grade (Revenue - USD Billion; Volume - Kilotons, 20202034)

  • Pharmaceutical & Food Grade
  • Industrial Grade

By Source (Revenue - USD Billion; Volume - Kilotons, 2020–2034)

  • Petroleum-Based Propylene Glycol
  • Bio-Based Propylene Glycol

By End User (Revenue - USD Billion; Volume - Kilotons, 2020–2034)

  • Food and Beverage
  • Automotive
  • Personal Care and Cosmetics
  • Chemical
  • Pharmaceutical
  • Construction
  • Others