Methylpropanediol Market
The market for Methylpropanediol was estimated at $273 million in 2024; it is anticipated to increase to $415 million by 2030, with projections indicating growth to around $587 million by 2035.
Global Methylpropanediol Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Methylpropanediol industry revenue is expected to be around $293.0 million in 2025 and expected to showcase growth with 7.2% CAGR between 2025 and 2034. This promising upsurge in the Methylpropanediol sector can be largely attributed to its increasing relevance across various industries. Underpinning the growth are key drivers including its versatility as a solvent, the wide range of its applications, particularly in cosmetics and personal care products, and growing awareness of its attributes, such as improved formula stability and skin penetration. Likewise, escalating global demand for skin care items, and rigorous legislations advocating the use of safer ingredients in cosmetics, are fostering this market advancement, emphasizing the continuous significance of Methylpropanediol in these segments.
Known for its excellent miscibility and versatility, Methylpropanediol is a choice ingredient in the cosmetics and personal care industry. This dual-functional glycol serves as a solvent and humectant, giving it a broad array of potential uses including skin care products, hair care formulations, and make-up applications. As a testament to its growing popularity, it is also being utilized in the production of industrial cleaners, automotive coolants, and paint and coating products.
Market Key Insights
The Methylpropanediol market is projected to grow from $273.3 million in 2024 to $548 million in 2034. This represents a CAGR of 7.2%, reflecting rising demand across Industrial Solvents, Cosmetics, and Pharmaceuticals.
BASF SE, Dow Chemical Company, Eastman Chemical Company are among the leading players in this market, shaping its competitive landscape.
U.S. and China are the top markets within the Methylpropanediol market and are expected to observe the growth CAGR of 4.7% to 6.9% between 2024 and 2030.
Emerging markets including Brazil, South Korea and Indonesia are expected to observe highest growth with CAGR ranging between 8.3% to 9.9%.
Embrace in Cosmetic Industry transition is widening cross-selling opportunities across the Methylpropanediol industry ecosystem, helping companies drive stronger adoption of their full product portfolio. This ecosystem pull-through is projected to add $6 million to Methylpropanediol industry product sales in 2025.
The Methylpropanediol market is set to add $274 million between 2024 and 2034, with manufacturer targeting Cosmetics & Pharmaceuticals Application projected to gain a larger market share.
With
advancements in personal care and cosmetic industry, and
Industrial Demand Spike, Methylpropanediol market to expand 100% between 2024 and 2034.
Opportunities in the Methylpropanediol
Growth Opportunities in North America and Europe
Market Dynamics and Supply Chain
Driver: Growing demand from personal care products and expanding specialty chemical applications
Restraint: Volatility in raw material prices and supply chain uncertainties constrain market stability
Opportunity: Reinforcing the Cosmetic Industry and Green Chemistry Applications
Challenge: Stringent regulatory compliance and certification burdens limit geographical expansion
Supply Chain Landscape
Raw Material Acquisition
Intermediate Production
Pure Synthesis
End Users
Raw Material Acquisition
Intermediate Production
Pure Synthesis
End Users
Use Cases of Methylpropanediol in Industrial Solvents & Cosmetics
Recent Developments
Recent developments in methylpropanediol highlight strong growth in green solvent demand and formulation innovation across industrial chemicals, cosmetics, and pharmaceutical excipients. A key market trend is increased use of methylpropanediol in eco-friendly coatings and personal care products, driven by regulatory emphasis on low toxicity and sustainable ingredients. Manufacturers are integrating this solvent into advanced cleaning solutions and skin care serums, supporting safer product portfolios. Enhanced supply chain resilience and rising specialty chemical applications continue to shape competitive dynamics and market expansion.