Global 3-Methyl-1,5-pentanediol (MPD, CAS 4457-71-0) Market 2023
3-Methyl-1,5-pentanediol is an organic compound with the molecular formula C6H14O2. It is a colorless, odorless liquid that is used in various industrial applications. This compound is valued for its solvent properties and is utilized in the production of coatings, adhesives, and other chemical products. Additionally, it can serve as a chemical intermediate in the synthesis of certain polymers and pharmaceuticals.
According to the latest data, the market size of the global 3-methyl-1,5-pentanediol sector is expected to rise by USD 23.1 million with a CAGR of 4.8% by the end of 2029.
This comprehensive industry report provides market estimates and forecasts, accompanied by a detailed examination of the application, and region aspects. It delivers a quantitative analysis of the market, empowering stakeholders to leverage existing market opportunities. Furthermore, the report identifies key segments for potential opportunities and strategies, drawing insights from market trends and the approaches of leading competitors.
The global baby bottle market has been extensively analyzed by categorizing it according to various sub-segments in order to provide accurate forecasts of industry size and assess trends within specific areas.
The global market for 3-methyl-1,5-pentanediol can be segmented by application: pharmaceuticals, polyurethanes, solvents, others. Globally, the polyurethanes segment made up the largest share of the 3-methyl-1,5-pentanediol market.
3-methyl-1,5-pentanediol market is further segmented by region: Asia-Pacific, Europe, North America, Rest of the World (RoW). Asia-Pacific was the largest revenue contributor to the global 3-methyl-1,5-pentanediol market in 2022 and is anticipated to show the highest growth rate during the forecast period.
The global 3-methyl-1,5-pentanediol market is a concentrated industry dominated by only a few players including Kuraray Co., Ltd., Zhejiang Boadge Chemical Co., Ltd., among others.
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Market Segments Covered in Global 3-Methyl-1,5-pentanediol Industry Analysis:
i.) Application
- Pharmaceuticals
- Polyurethanes
- Solvents
- Others
ii.) Region
- Asia-Pacific
- Europe
- North America
- Rest of the World (RoW)