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Bio-based Propylene Glycol Market Expands USD 321.8 Million in 2025

Bio-based Propylene Glycol Market Size to Reach USD 837.57 Million by 2034, Driven by AI and 3D Printing Innovations

According to market projections, the global bio-based propylene glycol market, valued at USD 289.25 million in 2024, is anticipated to reach USD 837.57 million by 2034, growing at a CAGR of 11.25% over the next decade. The growing new drug discovery research and the growing demand for natural excipients drive the global market. North America dominated the global market owing to the presence of key players and increasing investments.

Content

  • Insight Code: 5856
  • No. of Pages: 150+
  • Format: PDF/PPT/Excel
  • Published: July 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2022
  • Base Year: 2023
  • Estimated Years: 2024-2033

About The Author

Rohan Patil is a seasoned market research professional with over 5 years of focused experience in the healthcare sector, bringing deep domain expertise, strategic foresight, and analytical precision to every project he undertakes.

He began his journey with Precedence Research, where he played a pivotal role in developing high-impact healthcare market reports. Today, Rohan leads research initiatives at Towards Healthcare, while also contributing to Statifacts, where he supports cross-industry analysis and data-driven storytelling.

Rohan’s core strengths lie in trend analysis and emerging technologies, regulatory monitoring and thought leadership through high-quality report writing. He excels at identifying future-ready opportunities and translating complex data into strategic recommendations. His work spans pharmaceuticals, biotechnology, medical devices, and digital health, assessing everything from market potential and competitive positioning to customer needs and regulatory shifts.

A trusted advisor and a relentless innovator, Rohan continues to push the boundaries of traditional market research, merging scientific rigor with commercial insight to stay ahead in a fast-evolving healthcare landscape.

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FAQ's

The bio-based propylene glycol market is projected to reach USD 837.57 million by 2034, growing at a CAGR of 11.25% from 2025 to 2034.

North America is leading the bio-based propylene glycol market due to the presence of key players, increasing R&D investments, and growing research activities.

The bio-based propylene glycol market includes seven segments including by source, by application, by grade, by production process, by end-use, by distribution channel, and by region.

Some key players include The Dow Chemical Company, Archer Daniels Midland Company, and AGC Chemicals.

Key trends include the growing new drug discovery research, the increasing need for environmental sustainability, and the rising demand for natural excipients.

Bio-based materials are products that mainly consist of a substance derived from living matter (biomass) and either occur naturally or are synthesized.

Propylene glycol is derived from renewable, low-carbon feedstocks, like soybeans, canola, corn, and sugarcane.

U.S. Environmental Protection Agency, Government of Canada, India Brand Equity Foundation, Volza, Germany Trade & Invest
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