Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
The United States remained the priciest Mono Propylene Glycol market tracked, rising just above 3.7% in Q2 2026 to near USD 1,680.00/MT from about USD 1,620.00/MT in Q1, and it was tight propylene oxide feedstock availability together with firm deicing fluid and pharmaceutical demand that kept the market elevated. The global average climbed from close to USD 1,378.75/MT to near USD 1,425.00/MT, a gain of roughly 3.4%. It is worth noting that pharmaceutical-grade material commanded a premium of thirty-five to fifty-five percent over industrial-grade product in 2025, reflecting the additional purification and certification steps required, and the global average is likely to run in the USD 1,390 to 1,550/MT range through the second half of the year.
Mono Propylene Glycol, also known as propylene glycol or propane-1,2-diol, is a clear, colorless, and nearly odorless liquid derived primarily from propylene oxide. It serves across an unusually broad set of applications including unsaturated polyester resins, antifreeze and deicing fluids, pharmaceutical and food-grade formulations, and personal care products, with pharmaceutical-grade material commanding a meaningful premium over industrial-grade product due to additional purification steps and multi-pharmacopoeia certification requirements. Because this product is a direct propylene oxide derivative, feedstock costs, which are themselves sensitive to upstream crude oil and propylene markets, along with construction, automotive, and pharmaceutical demand cycles, are what really move the price from quarter to quarter.
Tight propylene oxide feedstock availability shows no clear sign of easing, which points toward continued firmness through H2 2026 across every market tracked. Steady demand from pharmaceutical formulations, deicing fluids, and unsaturated polyester resins should keep supporting the market regardless of feedstock movements.
A further propylene oxide feedstock disruption, or accelerating pharmaceutical and automotive coolant demand, could be what pushes prices above this forecast. A normalization of feedstock availability, or softer construction and automotive demand, could be what eases the market back toward the lower end instead.
| Region | 2026 Price Range (USD/MT) | Outlook |
| Global Average | 1,390 - 1,550 | Tight feedstock costs and broad demand base support gains |
| United States | 1,650 - 1,780 | Feedstock tightness and diverse demand keep market elevated |
| Germany | 1,540 - 1,650 | Elevated energy costs sustain firm pricing |
| Brazil | 1,370 - 1,460 | Steady industrial and cosmetic demand |
| China | 1,020 - 1,090 | Large domestic demand base keeps China the most affordable |
The United States stayed the priciest market by a wide margin, with the price moving from about USD 1,620.00/MT to near USD 1,680.00/MT, a gain of just above 3.7%. It was continued tight propylene oxide feedstock availability, together with firm demand from deicing fluid and pharmaceutical formulation applications, that carried the increase.
Why did the price of Mono Propylene Glycol change in Q2 2026 in United States?
Demand from unsaturated polyester resins, deicing fluids, and pharmaceutical formulations has stayed elevated, and it is this broad application base, combined with tight propylene oxide feedstock availability, that has kept United States pricing on a steady upward path even as domestic production has run at high operating rates.
The German price moved from about USD 1,520.00/MT to near USD 1,570.00/MT, a gain of just above 3.3%. It was steady demand from industrial and pharmaceutical applications, together with elevated European production costs, that carried the increase.
Why did the price of Mono Propylene Glycol change in Q2 2026 in Germany?
European producers continue to face structurally higher energy costs than their counterparts elsewhere, and it is this cost base, combined with steady demand from pharmaceutical and personal care formulators, that has kept German pricing moving in step with the broader firming trend seen across every market tracked.
The Brazilian price moved from about USD 1,360.00/MT to near USD 1,405.00/MT, a gain of just above 3.3%. It was steady demand from industrial and cosmetic formulation applications, together with firming feedstock costs, that carried the increase.
Why did the price of Mono Propylene Glycol change in Q2 2026 in Brazil?
Brazil's cosmetics and personal care sector has kept demand for this product consistently firm, and it is this steady offtake, combined with the same propylene oxide feedstock cost pressures affecting producers globally, that has pushed Brazilian pricing gradually higher.
The Chinese price moved from about USD 1,010.00/MT to near USD 1,045.00/MT, a gain of just above 3.5%. It was steady domestic demand from construction and pharmaceutical applications, together with firming feedstock costs, that carried the increase.
Why did the price of Mono Propylene Glycol change in Q2 2026 in China?
China accounted for roughly a third of global consumption of this product, and it is this large domestic demand base, combined with the same propylene oxide feedstock cost pressures affecting producers everywhere, that has kept Chinese pricing gradually rising even as it remains the most affordable of the four markets tracked.
The price reached close to USD 1,620.00/MT in Q1 2026, a rise of just above 5.2% from Q4 2025. It was tightened propylene oxide availability, together with limited import inflows, that pushed the market higher.
Why did the price of Mono Propylene Glycol change in Q1 2026 in United States?
Tightened propylene oxide availability raised production costs and reduced merchant volumes this quarter, prompting supplier price increases, and export inquiries from neighboring markets absorbed spot volumes at the same time, thinning inventories and leaving little buffer against further demand.
The price reached close to USD 1,520.00/MT in Q1 2026, a rise of just above 4.8% from Q4 2025. It was firming propylene oxide feedstock costs, together with steady industrial demand, that pushed the market higher.
Why did the price of Mono Propylene Glycol change in Q1 2026 in Germany?
Propylene oxide feedstock costs firmed entering the year, and it was this cost pressure, meeting steady demand from industrial, pharmaceutical, and personal care formulation applications, that drove the German increase.
The price reached close to USD 1,360.00/MT in Q1 2026, a rise of just above 4.6% from Q4 2025. It was firming propylene oxide feedstock costs, together with steady demand from industrial applications, that pushed the market higher.
Why did the price of Mono Propylene Glycol change in Q1 2026 in Brazil?
Feedstock costs firmed as global propylene oxide availability tightened, and it was this cost pressure, meeting steady demand from industrial and cosmetic formulation applications, that drove the Brazilian increase.
The price reached close to USD 1,010.00/MT in Q1 2026, a rise of just above 5.2% from Q4 2025. It was firming propylene oxide feedstock costs, together with steady demand from construction and pharmaceutical applications, that pushed the market higher.
Why did the price of Mono Propylene Glycol change in Q1 2026 in China?
Propylene oxide feedstock costs firmed entering the year, and it was this cost pressure, meeting steady demand from construction and pharmaceutical sector growth, that drove the Chinese increase.
This market climbed steadily across every quarter tracked here. Close to USD 1,208.00/MT in Q1 2025 rose to about USD 1,240.00/MT, near USD 1,275.00/MT, and close to USD 1,313.00/MT by Q4, before continuing to about USD 1,378.75/MT in Q1 2026 and near USD 1,425.00/MT in Q2. That is a rise of roughly 18.0% across the window, tracking propylene oxide feedstock costs and broad-based demand growth closely.
| Quarter | Price (USD/MT) | QoQ Change | Direction |
| Q2 2026 | 1,425 | +3.4% | ↑ Rising |
| Q1 2026 | 1,379 | +5.0% | ↑ Rising |
| Q4 2025 | 1,313 | +3.0% | ↑ Rising |
| Q3 2025 | 1,275 | +2.8% | ↑ Rising |
| Q2 2025 | 1,240 | - | - Stable |
| Q3 2026 | In Progress | - | - In Progress |
It was demand from unsaturated polyester resins, pharmaceutical formulations, and antifreeze and deicing fluids increasing steadily, meeting propylene oxide feedstock costs that firmed gradually, that drove the consistent 2025 climb. The global average opened near USD 1,208.00/MT in Q1 and climbed to close to USD 1,313.00/MT by Q4, a rise of just above 8.7% for the year, with every quarter posting a gain.
The United States price climbed from about USD 1,420.00/MT in Q1 2025 to near USD 1,540.00/MT by Q4, a rise of just above 8.5% for the year, the highest absolute cost among the four markets tracked throughout. It was demand from unsaturated polyester resins, deicing fluids, and pharmaceutical formulations increasing steadily, meeting stable domestic production, that drove the sustained climb through 2025.
The German price climbed from about USD 1,340.00/MT in Q1 2025 to near USD 1,450.00/MT by Q4, a rise of just above 8.2% for the year. It was steady demand from industrial and pharmaceutical formulation applications, meeting Europe's structurally elevated energy costs, that drove the gradual climb through 2025.
The Brazilian price climbed from about USD 1,190.00/MT in Q1 2025 to near USD 1,300.00/MT by Q4, a rise of just above 9.2% for the year, the largest annual gain among the four markets tracked. It was steady demand from industrial and cosmetic formulation applications, meeting firming propylene oxide feedstock costs, that drove the sustained climb through 2025.
The Chinese price climbed from about USD 880.00/MT in Q1 2025 to near USD 960.00/MT by Q4, a rise of just above 9.1% for the year, the smallest absolute cost among the four markets tracked throughout. It was ongoing construction activity and pharmaceutical sector growth, combined with China's substantial production base, that kept the Chinese benchmark the most affordable of the four all year.
Expert Market Research: Your Source for Real-Time Mono Propylene Glycol Price Intelligence
Mono Propylene Glycol pricing tracks propylene oxide feedstock economics closely, so Expert Market Research follows that market alongside construction, automotive, pharmaceutical, and personal care demand cycles across the four markets covered here. This is combined with trade flow data to build the forecasts. Should the Mono Propylene Glycol pricing data or procurement strategy support be needed, the team is ready to help.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
It serves across unsaturated polyester resins, antifreeze and deicing fluids, pharmaceutical and food-grade formulations, and personal care products, reflecting an unusually broad application base for a single chemical intermediate.
As of Q2 2026, the United States averages near USD 1,680.00/MT, Germany about USD 1,570.00/MT, Brazil close to USD 1,405.00/MT, and China roughly USD 1,045.00/MT. The United States remains the priciest of the four markets tracked.
The price kept climbing, from close to USD 1,313.00/MT in Q4 2025 up to about USD 1,378.75/MT in Q1 2026, then near USD 1,425.00/MT in Q2, a gain of just above 3.4%. Tight propylene oxide feedstock availability drove both quarters.
Pharmaceutical-grade material requires additional purification steps, GMP-compliant production infrastructure, and multi-pharmacopoeia certification covering standards like USP, EP, and JP, and this commanded a premium of thirty-five to fifty-five percent over industrial-grade product in 2025.
The global average is likely to run in the USD 1,390 to 1,550/MT range, with tight feedstock costs and broad-based demand continuing to support gains through the back half of the year.
The United States carries the highest cost on feedstock tightness and diverse demand. Germany sits below that on elevated energy costs, Brazil in the middle on steady industrial and cosmetic demand, and China prices lowest thanks to its large domestic demand base and production scale.
This data is refreshed on a monthly basis, with real-time figures available directly from the team.
Propylene oxide feedstock costs sit at the core, since this product is a direct chemical derivative. Construction, automotive, pharmaceutical, and personal care demand cycles add further influence.
China accounted for roughly a third of global consumption in 2025, supported by ongoing construction and pharmaceutical sector growth, while the United States, Germany, and Brazil represent significant additional producing and consuming markets.
Propylene oxide feedstock cost trends are usually the earliest signal worth tracking, since they tend to move before the finished product price does. Watching construction and automotive coolant demand cycles also helps anticipate seasonal price movements before they reach quoted prices.
One Year Subscription
One Year Subscription
USD 799
USD 699
tax inclusive*
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Small Business Bundle
Growth Bundle
Enterprise Bundle
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Number of Reports: 3
20%
tax inclusive*
Small Business Bundle
Number of Reports: 5
25%
tax inclusive*
Growth Bundle
Number of Reports: 8
30%
tax inclusive*
Enterprise Bundle
Number of Reports: 10
35%
tax inclusive*
How To Order
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Strategic Solutions for Informed Decision-Making
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.