Press release
Top Factor Driving Bio-Based Propylene Glycol Market Growth in 2025: Renewable Energy Investment Boosts Growth Of Bio-Based Propylene Glycol Market
Bio-Based Propylene Glycol
The upward trend in renewable energy investment is projected to fuel the expansion of the bio-based propylene glycol market. Capital directed towards renewable energy refers to money put into sustainable energy sources like wind, solar, hydro, and biomass. Increased funding in these areas points to a worldwide transition towards sustainable and eco-friendly power generation. Such investments have boosted bio-based propylene glycol production by paving the way for the creation of sustainable processes that utilize bio-based raw materials. For instance, in May 2023, the International Energy Agency, an intergovernmental organization based in France, reported that global clean energy investment rose from $1,617 billion in 2022 to $1,740 billion in 2023. This indicates a subtle reallocation of finances towards sustainable energy solutions. Consequently, the bio-based propylene glycol market's growth is being spurred by this surge in renewable energy investment.
Get Your Bio-Based Propylene Glycol Market Report Here:
https://www.thebusinessresearchcompany.com/report/bio-based-propylene-glycol-global-market-report
How will the growth rate of the bio-based propylene glycol market shape industry trends by 2034?
Recent years have seen a consistent growth in the size of the bio-based propylene glycol market. A rise from $4.53 billion in 2024 to $4.73 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 4.5% is predicted. This growth throughout the historic period can be linked to several factors including heightened environmental consciousness, an increase in investments within the bio-based industry, a surge in crude oil prices, a heightened emphasis on the reduction of carbon footprints, and a general expansion in the global economy.
In the ensuing years, the bio-based propylene glycol market is anticipated to witness consistent expansion. The market size is projected to reach $5.58 billion by 2029, growing at a compound annual growth rate (CAGR) of 4.2%. This predicted growth in the market can be credited to factors like heightened awareness and demand for eco-friendly and sustainable components, an increase in disposable income among consumers, its widespread application in the general and automotive industry, and a rise in the demand for green infrastructure. Key trends influencing this growth trajectory include technological progress, enhanced bio-refineries, an escalating focus on sustainable products, an increase in the demand for renewable goods, and advancements in the cosmetics sector.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15992&type=smp
What trends are poised to drive the future success of the bio-based propylene glycol market?
Leading businesses in the bio-based propylene glycol market are prioritizing the creation of propylene glycol REN, which incorporates ecolibrium bio-circular technology, in an effort to boost sustainability and lessen their carbon footprint. Propylene Glycol REN with Ecolibrium bio-circular technology entails a sustainable version of propylene glycol that is manufactured using renewable, bio-based feedstocks in a process that is gentle on the environment. For example, Dow Inc., an American materials science corporation, introduced two new sustainable types of propylene glycol (PG) solutions, bio-circular and circular feedstocks, to the North American market in March 2024. These cutting-edge solutions are designed to decrease the environmental implications of the company's operations and products by making the most of renewable resources and minimizing waste. Bio-circular feedstocks are set to replace conventional fossil-based feedstocks, which champions a more sustainable and eco-friendly method of production.
Which primary segments of the bio-based propylene glycol market are driving growth and industry transformations?
The bio-based propylene glycol market covered in this report is segmented -
1) By Type: Bio-Based 1, 2- Propylene Glycol, Bio-Based 1,3- Propylene Glycol
2) By Application: Solvent, Chemical Intermediates, Unsaturated Polyester Adhesives, Antifreeze And Coolant, Other Applications
3) By End-User Industry: Food Processing, Building And Construction, Cosmetics, Automotive, Pharmaceuticals, Transportation, Detergent And Household, Marine, Other End-User Industries
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15992
Which geographical regions are pioneering growth in the bio-based propylene glycol market?
Asia-Pacific was the largest region in the bio-based propylene glycol market in 2023. The regions covered in the bio-based propylene glycol market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the bio-based propylene glycol market landscape?
Major companies operating in the bio-based propylene glycol market are Shell Chemicals, Cargill Incorporated, Archer Daniels Midland Company, Repsol SA, ORLEN Poludnie SA, BASF SE, Dow Inc, LyondellBasell Industries N.V., Braskem SA, Huntsman Corporation, Clariant AG, Ashland Global Holdings Inc, Tate & Lyle Bio PLC, Global Bio-chem Technology Group Company Limited, Oleon NV, Houghton Chemical Corporation, Ayas Renewables Inc, Rennovia Inc., Vertec Biosolvents Inc., NexantECA
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=15992&type=smp
What Is Covered In The Bio-Based Propylene Glycol Global Market Report?
•Market Size Forecast: Examine the bio-based propylene glycol market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the bio-based propylene glycol market for a structured understanding.
•Key Players Overview: Analyze major players in the bio-based propylene glycol market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the bio-based propylene glycol market.
•Segment Contributions: Evaluate how different segments drive overall growth in the bio-based propylene glycol market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the bio-based propylene glycol market.
•Industry Challenges: Identify potential risks and obstacles affecting the bio-based propylene glycol market.
•Competitive Landscape: Review strategic developments in the bio-based propylene glycol market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Top Factor Driving Bio-Based Propylene Glycol Market Growth in 2025: Renewable Energy Investment Boosts Growth Of Bio-Based Propylene Glycol Market here
News-ID: 3920136 • Views: …
More Releases from The Business Research Company
Key Growth Factors, Market Segmentation, and Competitive Approaches Influencing …
The AC electric motor market is poised for substantial growth in the coming years, driven by advancements in technology and evolving industrial needs. As industries adapt to modern demands like smart manufacturing and electric mobility, this sector is expected to expand significantly. Let's explore the market's size, key players, emerging trends, and the main segments shaping its future.
Forecasted Growth of the AC Electric Motor Market Size Through 2029
The…
Segment Evaluation and Major Growth Areas in the Semiconductor Capital Equipment …
The semiconductor capital equipment sector is set for substantial growth in the coming years, driven by technological advancements and increasing demand across various industries. This market reflects the dynamic nature of semiconductor manufacturing, where innovations and shifting industry needs play a pivotal role. Let's explore the current market valuation, key players, emerging trends, and segment-specific insights shaping the future of this industry.
Projected Market Growth of the Semiconductor Capital Equipment Market…
Worldwide Trends Review: The Fast-Paced Development of the Hollow Fiber Filtrati …
The hollow fiber filtration market is poised for impressive expansion over the coming years, driven by evolving healthcare needs and technological advancements. This sector is set to experience significant shifts that will shape its future landscape, fueled by innovation and changing consumer preferences. Let's explore the current market valuation, key players, emerging trends, and segment breakdowns that define this growing industry.
Forecasted Market Valuation and Growth Trajectory of the Hollow Fiber…
Emerging Sub-Segments Transforming the Stud Welding Machine Market Landscape
The stud welding machine market is positioned for steady growth over the coming years, driven by evolving industrial demands and technological advancements. As industries such as renewable energy, shipbuilding, and aerospace expand, the need for efficient and precise welding solutions is becoming increasingly critical. This overview delves into the market's valuation, key players, emerging trends, and segment insights shaping its trajectory.
Stud Welding Machine Market Valuation and Growth Outlook
The…
More Releases for Bio
Human Plasma Products Market 2023: Industry Future Trends | Takeda, CSL, Grifols …
The Human Plasma Products market research report is proficient and top to bottom research by specialists on the current state of the industry. This statistical surveying report gives the most up to date industry information and industry future patterns, enabling you to distinguish the items and end clients driving income development and benefit. It centres around the real drivers and restrictions for the key players and present challenge status with…
Gene Therapy Products Market | Advantagene, Avalanche Bio, Bluebird Bio, Cellado …
The global gene therapy products market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the gene therapy products market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth…
Bio-based Polymethyl Methacrylate (Bio-PMMA) Market 2023 | Detailed Report
The Bio-based Polymethyl Methacrylate (Bio-PMMA) report compiles the market information depending upon market development and growth factors, optimizing the growth path. In addition, it highlights the strategies and market share of the leading vendors in the particular market. The report follows a robust research methodology model that helps to make informed decisions. It obtains both qualitative and quantitative market information supported by primary research.
The Bio-based Polymethyl Methacrylate (Bio-PMMA) research report…
Bio Pharma Buffer Market – A comprehensive study by Key Players: Bio-Rad, Lonz …
Latest Market intelligence report released by HTF MI with title "COVID-19 Outbreak-Global Bio Pharma Buffer Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020" is designed covering micro level of analysis by manufacturers and key business segments. The COVID-19 Outbreak-Global Bio Pharma Buffer Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary…
IVIG Market Anticipated a Noteworthy CAGR during 2019-2024 & Companies Included …
A report added to the rich database of Qurate Business Intelligence, titled “World IVIG Market by Product Type, Players and Regions - Forecast to 2024”, provides a 360-degree overview of the Global market. Approximations associated with the market values over the forecast period are based on empirical research and data collected through both primary and secondary sources. The authentic processes followed to exhibit various aspects of the market makes the…
Green & Bio-based Solvents Market Analysis, Demand, & Opportunities till 2023 | …
A latest research report titled as “Green & Bio-based Solvents Market for Paints & Coatings, Printing Inks, Commercial & Domestic Cleaning, Adhesives & Sealants, Pharmaceutical, Cosmetics, and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023” has been recently added to the vast portfolio of Market Research Reports Search Engine (MRRSE) online research offerings. This report is a professional and in-depth analysis on the…
