Europe Plant-based Propylene Glycol Market was valued at USD 0.2 Billion in 2022 and is projected to reach USD 0.4 Billion by 2030, growing at a CAGR of 10.4% from 2024 to 2030.
The European plant-based propylene glycol market is growing rapidly, driven by industries' demand for sustainable alternatives to traditional petroleum-based products. Propylene glycol, an essential compound used in a wide range of industries, is now increasingly sourced from plant-based materials due to the rise of eco-conscious practices and sustainability goals. This shift is transforming the market, with manufacturers and consumers alike prioritizing green solutions to reduce their carbon footprint. As industries move towards more environmentally friendly practices, plant-based propylene glycol is expected to see even greater demand.
Industries such as food and beverage, pharmaceuticals, cosmetics, and personal care are key consumers of plant-based propylene glycol. In the food sector, it is used as a humectant, helping maintain moisture in products such as baked goods, beverages, and sauces. The pharmaceutical industry also relies heavily on propylene glycol as a solvent for oral, injectable, and topical drugs. In cosmetics and personal care, it is used to enhance skin hydration, acting as a carrier for other ingredients in creams, lotions, and deodorants. With consumers increasingly prioritizing sustainability, the demand for plant-based alternatives in these sectors has grown exponentially.
The growing focus on reducing environmental impact is one of the major driving factors for the shift towards plant-based propylene glycol. A rising number of consumers are demanding eco-friendly products, and businesses are responding by sourcing renewable ingredients. As a result, manufacturers are scaling up production of plant-derived propylene glycol, ensuring that it meets the stringent quality standards required by industries such as food and pharmaceuticals.
Looking at the European market, this trend is especially pronounced in countries like Germany, France, and the UK, where consumer awareness of sustainability is high. Moreover, the growth of industries relying on plant-based propylene glycol is expected to contribute significantly to market expansion. The rising need for alternative solutions and the push for greener processes will continue to shape the future of the market, making plant-based propylene glycol a cornerstone in many industrial sectors.
Interestingly, the growing emphasis on plant-based propylene glycol mirrors trends seen in other markets, such as the "100 Gigabit Fiber Optic Transceiver Market Type and requirement from industries," where there is a shift toward eco-friendly and more efficient solutions. As industries evolve, similar demands for sustainability will continue to drive the growth of plant-based alternatives in various product lines, positioning plant-based propylene glycol as a critical component in meeting industry requirements.
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Archer Daniels Midland Company
CORPUS
BASF SE
Huntsman International LLC.
Oleon
Dow
Ashland
Lyle Bio Products
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Europe Plant-based Propylene Glycol Market
Food Grade Propylene Glycol
Pharmaceutical Grade Propylene Glycol
Industrial Grade Propylene Glycol
Cosmetic Grade Propylene Glycol
Food and Beverage Industry
Pharmaceuticals
Cosmetics and Personal Care
Industrial Applications
Animal Feed
Food Industry
Healthcare
Cosmetics and Personal Care
Chemical Manufacturing
Agriculture
Liquid Formulations
Solid Formulations
Emulsifiable Formulations
Synthetic Propylene Glycol
Plant-based Propylene Glycol
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Europe Plant-based Propylene Glycol Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Europe Plant-based Propylene Glycol Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Plant-based Propylene Glycol Market, By Type
6. Europe Plant-based Propylene Glycol Market, By Application
7. Europe Plant-based Propylene Glycol Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Europe Plant-based Propylene Glycol Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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