Product Code: ETC13215813 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Diols and Polyhydric Alcohols Market was valued at USD 4.2 Billion in 2024 and is expected to reach USD 6 Billion by 2031, growing at a compound annual growth rate of 6.30% during the forecast period (2025-2031).
The global diols and polyhydric alcohols market is experiencing steady growth driven by their versatile applications in various industries such as pharmaceuticals, cosmetics, food and beverage, and chemicals. Diols and polyhydric alcohols are commonly used as solvents, emulsifiers, and humectants, with increasing demand for natural and sustainable options fueling the market expansion. The market is also influenced by the rising awareness of health and wellness, leading to the preference for products with fewer synthetic ingredients. Key players in the industry are focusing on research and development activities to introduce innovative products and cater to evolving consumer preferences. Asia-Pacific region, particularly China and India, are significant contributors to the market growth due to their expanding industrial sectors and growing consumer base.
The Global Diols and Polyhydric Alcohols Market is experiencing growth driven by increasing demand from industries such as cosmetics, pharmaceuticals, and food and beverages. The rising popularity of natural and sustainable ingredients is creating opportunities for bio-based diols and polyhydric alcohols derived from renewable sources. Additionally, the expanding applications of these compounds in the production of polyurethanes, resins, and personal care products are fueling market growth. Technological advancements in production processes and increasing investments in research and development are further driving innovation in the market. With the growing emphasis on environmentally friendly products and the shift towards green chemistry, the Global Diols and Polyhydric Alcohols Market is poised for continued expansion and offers promising opportunities for manufacturers and suppliers in the coming years.
The Global Diols and Polyhydric Alcohols Market faces several challenges, including fluctuating raw material prices, stringent regulatory requirements, and increasing competition from alternative products. The volatility in raw material prices, such as crude oil and natural gas, directly impacts the production costs of diols and polyhydric alcohols, leading to uncertain profit margins for manufacturers. Additionally, stringent regulations related to product quality, safety, and environmental impact require companies to invest in compliance measures, further adding to their operational costs. Moreover, the market is witnessing growing competition from bio-based alternatives and other sustainable products, compelling traditional diols and polyhydric alcohol manufacturers to innovate and differentiate their offerings to maintain their market position amidst changing consumer preferences and environmental concerns.
The global diols and polyhydric alcohols market is primarily being driven by the increasing demand for these compounds in various industries such as cosmetics, pharmaceuticals, and food & beverages. Diols and polyhydric alcohols are widely used as ingredients in the production of personal care products, pharmaceutical formulations, and as sweeteners in food and beverages. Additionally, the growing awareness regarding the benefits of using these compounds in eco-friendly and sustainable products is also fueling market growth. Furthermore, the expanding applications of diols and polyhydric alcohols in sectors such as automotive, construction, and textiles are creating new opportunities for market expansion. The market is also being driven by the development of innovative products and technologies that enhance the performance and functionality of diols and polyhydric alcohols in various applications.
Government policies related to the Global Diols and Polyhydric Alcohols Market vary by country, but generally focus on regulating production, import/export, and usage of these chemicals. Regulatory bodies such as the Environmental Protection Agency (EPA) in the United States and the European Chemicals Agency (ECHA) in the European Union set guidelines for safe manufacturing practices, labeling requirements, and environmental impact assessments for diols and polyhydric alcohols. Additionally, governments may impose tariffs or trade restrictions on imports to protect domestic industries or promote sustainability goals. Some countries also incentivize the use of bio-based diols and polyhydric alcohols through subsidies or tax breaks to encourage a shift towards more sustainable and environmentally friendly alternatives in the market.
The Global Diols and Polyhydric Alcohols Market is poised for steady growth in the coming years due to increasing demand from key end-use industries such as automotive, construction, and personal care. The market is expected to be driven by the growing trend towards eco-friendly and sustainable products, leading to a surge in the use of bio-based diols and polyhydric alcohols. Additionally, innovations in product formulations and applications, along with expanding research and development activities, are likely to further propel market growth. Asia-Pacific is anticipated to remain a dominant region in the market, driven by rapid industrialization and urbanization. Overall, the Global Diols and Polyhydric Alcohols Market is projected to witness a positive trajectory, supported by evolving consumer preferences and technological advancements.
In the Global Diols and Polyhydric Alcohols Market, Asia Pacific is expected to dominate in terms of both consumption and production due to the increasing demand from industries such as automotive, construction, and personal care. North America and Europe are also significant markets driven by the growing adoption of bio-based and sustainable products. In the Middle East and Africa region, the market is primarily driven by the expanding chemical industry and government initiatives to promote industrial growth. Latin America is experiencing steady growth in the diols and polyhydric alcohols market due to the rising investments in infrastructure development and increasing consumer demand for personal care products. Overall, the market is witnessing growth opportunities across all regions driven by various end-use industries.
Global Diols and Polyhydric Alcohols Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Diols and Polyhydric Alcohols Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Diols and Polyhydric Alcohols Market Revenues & Volume, 2021 & 2031F |
3.3 Global Diols and Polyhydric Alcohols Market - Industry Life Cycle |
3.4 Global Diols and Polyhydric Alcohols Market - Porter's Five Forces |
3.5 Global Diols and Polyhydric Alcohols Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Diols and Polyhydric Alcohols Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Diols and Polyhydric Alcohols Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Global Diols and Polyhydric Alcohols Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Diols and Polyhydric Alcohols Market Trends |
6 Global Diols and Polyhydric Alcohols Market, 2021 - 2031 |
6.1 Global Diols and Polyhydric Alcohols Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Diols and Polyhydric Alcohols Market, Revenues & Volume, By Diols, 2021 - 2031 |
6.1.3 Global Diols and Polyhydric Alcohols Market, Revenues & Volume, By Polyhydric Alcohol, 2021 - 2031 |
6.2 Global Diols and Polyhydric Alcohols Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Diols and Polyhydric Alcohols Market, Revenues & Volume, By Pharmaceuticals, 2021 - 2031 |
6.2.3 Global Diols and Polyhydric Alcohols Market, Revenues & Volume, By Personal Care Products, 2021 - 2031 |
6.2.4 Global Diols and Polyhydric Alcohols Market, Revenues & Volume, By Automotive Industry, 2021 - 2031 |
6.2.5 Global Diols and Polyhydric Alcohols Market, Revenues & Volume, By Construction Industry, 2021 - 2031 |
6.2.6 Global Diols and Polyhydric Alcohols Market, Revenues & Volume, By Textile, 2021 - 2031 |
6.2.7 Global Diols and Polyhydric Alcohols Market, Revenues & Volume, By Resin and Fiber Industries, 2021 - 2031 |
6.2.8 Global Diols and Polyhydric Alcohols Market, Revenues & Volume, By Others, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America Diols and Polyhydric Alcohols Market, Overview & Analysis |
7.1 North America Diols and Polyhydric Alcohols Market Revenues & Volume, 2021 - 2031 |
7.2 North America Diols and Polyhydric Alcohols Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Diols and Polyhydric Alcohols Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Diols and Polyhydric Alcohols Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Diols and Polyhydric Alcohols Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Diols and Polyhydric Alcohols Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Diols and Polyhydric Alcohols Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Latin America (LATAM) Diols and Polyhydric Alcohols Market, Overview & Analysis |
8.1 Latin America (LATAM) Diols and Polyhydric Alcohols Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Diols and Polyhydric Alcohols Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Diols and Polyhydric Alcohols Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Diols and Polyhydric Alcohols Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Diols and Polyhydric Alcohols Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Diols and Polyhydric Alcohols Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Diols and Polyhydric Alcohols Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Diols and Polyhydric Alcohols Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Asia Diols and Polyhydric Alcohols Market, Overview & Analysis |
9.1 Asia Diols and Polyhydric Alcohols Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Diols and Polyhydric Alcohols Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Diols and Polyhydric Alcohols Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Diols and Polyhydric Alcohols Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Diols and Polyhydric Alcohols Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Diols and Polyhydric Alcohols Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Diols and Polyhydric Alcohols Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Diols and Polyhydric Alcohols Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Africa Diols and Polyhydric Alcohols Market, Overview & Analysis |
10.1 Africa Diols and Polyhydric Alcohols Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Diols and Polyhydric Alcohols Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Diols and Polyhydric Alcohols Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Diols and Polyhydric Alcohols Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Diols and Polyhydric Alcohols Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Diols and Polyhydric Alcohols Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Diols and Polyhydric Alcohols Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Diols and Polyhydric Alcohols Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Europe Diols and Polyhydric Alcohols Market, Overview & Analysis |
11.1 Europe Diols and Polyhydric Alcohols Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Diols and Polyhydric Alcohols Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Diols and Polyhydric Alcohols Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Diols and Polyhydric Alcohols Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Diols and Polyhydric Alcohols Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Diols and Polyhydric Alcohols Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Diols and Polyhydric Alcohols Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Diols and Polyhydric Alcohols Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Middle East Diols and Polyhydric Alcohols Market, Overview & Analysis |
12.1 Middle East Diols and Polyhydric Alcohols Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Diols and Polyhydric Alcohols Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Diols and Polyhydric Alcohols Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Diols and Polyhydric Alcohols Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Diols and Polyhydric Alcohols Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Diols and Polyhydric Alcohols Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Diols and Polyhydric Alcohols Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Global Diols and Polyhydric Alcohols Market Key Performance Indicators |
14 Global Diols and Polyhydric Alcohols Market - Export/Import By Countries Assessment |
15 Global Diols and Polyhydric Alcohols Market - Opportunity Assessment |
15.1 Global Diols and Polyhydric Alcohols Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Diols and Polyhydric Alcohols Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Diols and Polyhydric Alcohols Market Opportunity Assessment, By Application, 2021 & 2031F |
16 Global Diols and Polyhydric Alcohols Market - Competitive Landscape |
16.1 Global Diols and Polyhydric Alcohols Market Revenue Share, By Companies, 2024 |
16.2 Global Diols and Polyhydric Alcohols Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |