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US Propylene Glycol Market

ID: MRFR/CnM/18787-HCR
100 Pages
Garvit Vyas
October 2025

US Propylene Glycol Market

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US Propylene Glycol Market Infographic
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US Propylene Glycol Market Summary

The US Propylene Glycol Market is projected to grow from 3500 USD Million in 2024 to 5200 USD Million by 2035.

Key Market Trends & Highlights

US Propylene Glycol Market Key Trends and Highlights

  • The market is expected to experience a compound annual growth rate (CAGR) of 3.66 percent from 2025 to 2035.
  • By 2035, the market valuation is anticipated to reach 5200 USD Million, indicating robust growth potential.
  • In 2024, the market is valued at 3500 USD Million, reflecting a solid foundation for future expansion.
  • Growing adoption of bio-based propylene glycol due to increasing environmental regulations is a major market driver.

Market Size & Forecast

2024 Market Size 3500 (USD Million)
2035 Market Size 5200 (USD Million)
CAGR (2025 - 2035) 3.66%

Major Players

Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Meta Platforms Inc (US), Tesla Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)

Key Companies in the US Propylene Glycol Market market include

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FAQs

What is the projected market size of the US Propylene Glycol Market in 2024?

The US Propylene Glycol Market is projected to be valued at 675.0 million USD in the year 2024.

What is the expected market value for the US Propylene Glycol Market by 2035?

By 2035, the US Propylene Glycol Market is expected to reach a value of 1300.0 million USD.

What is the expected compound annual growth rate (CAGR) for the US Propylene Glycol Market from 2025 to 2035?

The expected CAGR for the US Propylene Glycol Market from 2025 to 2035 is 6.139%.

Who are the key players in the US Propylene Glycol Market?

Key players in the US Propylene Glycol Market include Shell, ExxonMobil, BASF, and Dow, among others.

What segment of the US Propylene Glycol Market holds the largest market share in 2024?

In 2024, the Petroleum-Based segment is expected to dominate the US Propylene Glycol Market with a value of 405.0 million USD.

How large is the Bio-Based segment of the US Propylene Glycol Market expected to be in 2035?

The Bio-Based segment of the US Propylene Glycol Market is projected to be valued at 280.0 million USD by 2035.

What is the market growth rate for the Hardcoat Anodizing (Source III) segment from 2025 to 2035?

The Hardcoat Anodizing (Source III) segment is expected to experience growth, reaching 150.0 million USD by 2035.

What are the key applications driving the growth of the US Propylene Glycol Market?

The US Propylene Glycol Market is driven by its applications in food, pharmaceuticals, personal care, and industrial sectors.

How much is the Others segment of the US Propylene Glycol Market projected to be worth in 2035?

The Others segment is expected to reach a value of 75.0 million USD in 2035.

What are the primary growth drivers for the US Propylene Glycol Market?

The primary growth drivers for the market include increasing demand in various applications and the shift towards bio-based products.

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