1,2-Propylene Glycol Market

1,2-Propylene Glycol Market Size, Share & Industry Analysis, By Application (Solvent Agent, Moisturizing Base, Drug Carrier), By End-User Industry (Pharmaceuticals, Cosmetics, Food & Beverage, Chemical Manufacturing), and Forecast, 2025–2035

The global 1,2-Propylene Glycol market is projected to grow at a CAGR of 5.8% during the forecast period, driven by its expanding role as a pharmaceutical excipient, cosmetic humectant, and food-grade solvent. 1,2-Propylene Glycol (also known as PG or Propane-1,2-diol) is a synthetic organic compound used to dissolve active pharmaceutical ingredients (APIs), maintain moisture, and stabilize formulations. It is widely incorporated in oral, topical, and injectable drug forms, personal care products, and processed food items.

Regionally, North America currently leads the market owing to established pharmaceutical manufacturing, strict excipient standards, and broad adoption in food-grade and cosmetic applications. Certainly, the Asia-Pacific region is expected to witness the fastest growth, driven by growing consumer demand for cosmetics and processed foods, API contract manufacturing growth, and rising adoption of industrial solvents in countries like India, China, and South Korea.

The 1,2-Propylene Glycol market report provides insights into petrochemical and bio-based synthesis pathways, stability optimization, global pharmacopeia compliance (USP/EP/JP), and supply chain improvements. As industries emphasize multi-functional, GRAS-status solvents, 1,2-Propylene Glycol remains an essential API-grade compound for pharmaceutical manufacturers, cosmetic producers, food & beverage companies, and chemical processors worldwide.

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Report Scope & Segmentation

  1. Introduction
  • Overview of 1,2-Propylene glycol
  • Key End-User & Industry Use Cases
  • Market Scope & Study Objectives
  1. Market Overview
  • Global Market Size & Growth Trends (Historical & Forecast)
  • Demand-Supply Dynamics
  1. Segmental Outlook
  • By Application
    • Solvent Agent
    • Moisturizing Base
    • Drug Carrier
  • Key End-User Industry
  • Pharmaceuticals
  • Cosmetics
  • Food & Beverage
  • Chemical Manufacturing
  1. Price Analysis
  • Current Price Trends (Per kg & Per Ton)
  • Price Fluctuation Factors (Raw Material Costs, Production, Trade Tariffs)
  • Regional Price Comparison (North America, Europe, Asia-Pacific, and Other)
  1. Trade Analysis
  • Major Exporting & Importing Countries
  • Trade Volume & Value Statistics
  • Impact of Trade Regulations & Policies
  1. Regional Analysis
  • North America (US and Canada)
  • Europe (UK, Germany, France, Italy, Spain, and the Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, Taiwan, India, and Rest of Asia-Pacific)
  • Rest of the World (Latin America, and Middle East, and Africa)
  1. Competitive Landscape
  • Top Global Manufacturers & Production Capacity
  • Company Profiles & Key Developments
    • Dow Chemical Company
    • BASF SE
    • LyondellBasell Industries
    • Huntsman Corporation
    • Royal Dutch Shell Plc
    • SKC Co., Ltd.
    • ADM (Archer Daniels Midland)
    • INEOS Oxide
    • Manali Petrochemicals Ltd.
    • Shandong Shida Shenghua Chemical Group
    • Global Bio-chem Technology Group
    • Repsol S.A.
    • ADEKA Corporation
    • Sumitomo Chemical Co., Ltd.
    • Sasol Limited
    • ZCL Chemicals Ltd.
    • Tokyo Chemical Industry Co., Ltd.
    • Shandong Depu Chemical Industry Science & Technology Co., Ltd.
    • Solventis Ltd.
    • Lotte Chemical Corporation
  • Mergers, Acquisitions & Investments
  1. Regulatory & Compliance Factors
  • FDA, REACH, and Other Regulatory Frameworks
  • Environmental & Safety Considerations
  • Emerging Policies Impacting Market Growth
  1. Conclusion & Strategic Recommendations
  • Key Takeaways for Stakeholders
  • Market Entry Strategies
What is 1,2-Propylene glycol?
1,2-Propylene Glycol (also known as Propylene Glycol or PG) is a synthetic organic compound used as a solvent, humectant, and carrier in a wide range of industries including pharmaceuticals, cosmetics, food, and chemicals.
What is the market size for 1,2-Propylene glycol?
The global 1,2-Propylene Glycol API market is projected to grow at a CAGR of 5.8% from 2025 to 2035, driven by demand across pharmaceutical excipients, cosmetic formulations, and food-grade applications.
What are the drivers for the 1,2-Propylene glycol Market?
Key drivers include its wide functional use as a solvent, increasing demand for excipient-grade and GRAS-listed compounds, growth in cosmetics and personal care products, and expansion of bio-based PG production to meet regulatory and sustainability goals.
Who are the key players operating in the 1,2-Propylene glycol Market?
Major players include Dow Chemical, BASF SE, Huntsman Corporation, LyondellBasell, SKC Co., Manali Petrochemicals, ADM, and INEOS Oxide.
Which region would exhibit the fastest growth in the 1,2-Propylene glycol Market?
The Asia-Pacific region is expected to see the fastest growth, driven by rising demand for pharmaceuticals, processed food, and cosmetics, along with strong API and chemical production capabilities in countries like India, China, and South Korea.
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