Pentane-1,5-diol Market was valued at USD 0.15 Billion in 2022 and is projected to reach USD 0.28 Billion by 2030, growing at a CAGR of 8.5% from 2024 to 2030.
The market experienced consistent growth between 2018 and 2022, fueled by its wide applicability across various manufacturing sectors. Pentane-1,5-diol’s popularity surged due to its role in producing polyurethanes, which are extensively used in automotive components, foam insulations, and coatings. The increasing focus on sustainable production and eco-friendly materials resulted in greater market penetration. Geographically, North America and Europe saw substantial demand due to their well-established industrial bases and high focus on innovation. On the other hand, the Asia-Pacific region witnessed a more gradual, but steady rise, largely driven by increased industrialization, demand from the automotive sector, and growing awareness of green alternatives.
Looking ahead from 2023 to 2033, experts predict an even stronger growth trajectory for the Pentane-1,5-diol market. With industries across the globe placing a higher premium on environmental sustainability, demand for this bio-based compound is expected to expand rapidly. In particular, the bio-based route to producing Pentane-1,5-diol will lead to significant market opportunities, aligning with global trends towards reducing carbon footprints. The increasing adoption of electric vehicles and growing demand for advanced polymers will further fuel the market, ensuring a steady rise in consumption over the next decade.
Get an In-Depth Research Analysis of the Global Pentane-1,5-diol Market Size And Forecast [2025-2032]
From 2018 to 2022, the Pentane-1,5-diol market experienced notable shifts, with growing demand spurred by advancements in various industries. Pentane-1,5-diol is an essential chemical compound, mainly used in the production of plastics, resins, and other polymer applications. During this period, the demand for Pentane-1,5-diol increased, primarily driven by its use in producing high-performance materials in automotive, packaging, and electronics sectors. In particular, the rise in sustainable practices and green technology accelerated the adoption of Pentane-1,5-diol as a renewable and environmentally friendly alternative to conventional chemicals.
BASF
Evonik
Lanxess
Minasolve
Kokyu
Realsun Chemical
Jujing Chemical
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 Global Pentane-1,5-diol Market
Pesticide Intermediates
Cosmetic
Others
Based on Types the Market is categorized into Below types that held the largest Pentane-1,5-diol market share In 2023.
0.99
0.98
Others
Global (United States, Global 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 Global Pentane-1,5-diol 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. Global Pentane-1,5-diol Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Pentane-1,5-diol Market, By Type
6. Global Pentane-1,5-diol Market, By Application
7. Global Pentane-1,5-diol Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Pentane-1,5-diol Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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