Global 2-Methyl-1,3-Propanediol Market Size, Share, And Business Benefits By Type (Pharmaceutical Grade, Industrial Grade, Laboratory Grade), By Application (Plasticizer, Adhesive, Painting, Personal Care Products, Others), By Distribution Channel (Offline, Online), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast 2025-2034
- Published date: February 2025
- Report ID: 139712
- Number of Pages: 268
- Format:
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Report Overview
Global 2-Methyl-1,3-Propanediol Market is expected to be worth around USD 207.5 Million by 2034, up from USD 150.0 Million in 2024, and grow at a CAGR of 3.3% from 2025 to 2034. Asia-Pacific holds a 34.5% market share, valued at USD 51.0 Mn.
2-Methyl-1,3-Propanediol (MPO) is a specialty diol used primarily in the production of polyesters, polyurethanes, and coatings. With its excellent chemical properties, such as improved hydrolytic stability and flexibility, MPO finds applications in various end-use industries, including automotive, construction, and personal care. It serves as a key ingredient in high-performance resins, adhesives, and specialty polymers, driving its demand globally.
The increasing adoption of bio-based chemicals and sustainable raw materials is a major driver for MPO market expansion. As industries shift towards eco-friendly formulations, MPO’s ability to enhance product durability and weather resistance makes it a preferred choice in polymer manufacturing. Additionally, the rising demand for performance coatings in the automotive and construction sectors is fueling growth, as MPO-based coatings offer superior gloss retention and impact resistance.
The growing polyurethane and polyester markets are key demand drivers for MPO. Polyurethane foams, used extensively in furniture, insulation, and automotive interiors, rely on MPO for improved structural integrity and thermal stability. Moreover, the demand for high-performance adhesives in electronics and packaging further contributes to market expansion, particularly in regions with strong industrial growth such as North America and Asia-Pacific.
Technological advancements in polymer synthesis and the rise of bio-based production pathways present lucrative opportunities for MPO manufacturers. The development of renewable MPO alternatives aligns with sustainability goals, attracting investments from major chemical players. Additionally, the expanding applications in personal care and cosmetics, where MPO serves as a key ingredient in high-performance formulations, create new revenue streams for market participants.
Key Takeaways
- Global 2-Methyl-1,3-Propanediol Market is expected to be worth around USD 207.5 Million by 2034, up from USD 150.0 Million in 2024, and grow at a CAGR of 3.3% from 2025 to 2034.
- The 2-Methyl-1,3-Propanediol market is dominated by industrial-grade products, accounting for 54.4%.
- The plasticizer segment holds a 38.4% share in the 2-Methyl-1,3-Propanediol market globally.
- The offline distribution channel leads with a 71.3% share in the 2-Methyl-1,3-Propanediol market.
- Asia-Pacific holds 34.5% of the 2-Methyl-1,3-Propanediol market, valued at USD 51.0 Mn.
By Type Analysis
The 2-Methyl-1,3-Propanediol market sees industrial grade leading with a 54.4% share, driven by high-performance applications.
In 2024, Industrial Grade held a dominant market position in the By Type segment of the 2-Methyl-1,3-Propanediol Market, with a 54.4% share. This category’s significant share reflects the extensive application of Industrial Grade 2-Methyl-1,3-Propanediol across various industries, including manufacturing, automotive, and cosmetics, where it is valued for its functionality and scalability in large-scale production.
Pharmaceutical Grade followed as the second-largest segment, with a substantial yet smaller share compared to Industrial Grade. Pharmaceutical Grade 2-Methyl-1,3-Propanediol is highly regarded for its purity and is crucial in the formulation of medications, personal care products, and medical applications, where stringent quality standards are necessary.
Laboratory Grade, although important for research and development activities, represented the smallest share of the market. This grade is primarily used in laboratory settings where high precision and controlled environments are required for experiments and small-scale production. Despite its smaller market share, the demand for Laboratory Grade 2-Methyl-1,3-Propanediol is expected to grow as the pharmaceutical and chemical research sectors expand globally.
By Application Analysis
Plasticizer dominates the 2-Methyl-1,3-Propanediol market with a 38.4% share, fueled by growing polymer demand.
In 2024, Plasticizer held a dominant market position in the by-application segment of the 2-Methyl-1,3-Propanediol Market, with a 38.4% share. The substantial demand for Plasticizers in various industries, particularly in the production of flexible PVC and other polymers, plays a key role in driving this segment’s growth.
Plasticizers made from 2-Methyl-1,3-Propanediol offer enhanced durability, flexibility, and performance in end-products, which explains their widespread adoption across automotive, construction, and consumer goods sectors.
The Adhesive segment followed as the second-largest application, with a significant portion of the market dedicated to adhesives, sealants, and bonding agents. The use of 2-Methyl-1,3-Propanediol in adhesives enhances bonding strength and product stability, making it essential in industries like packaging, automotive, and electronics.
The Painting segment, while smaller in comparison, continues to be a valuable application, where 2-Methyl-1,3-Propanediol is used in formulations to improve the durability, performance, and viscosity of paints and coatings. This market is growing steadily due to increased demand in both industrial and consumer-grade applications.
The Personal Care Products segment, although occupying the smallest share, remains important as 2-Methyl-1,3-Propanediol is used in cosmetics and personal care formulations, where it acts as a solvent and humectant, contributing to improved product performance and texture.
By Distribution Channel Analysis
Offline sales contribute 71.3% to the 2-Methyl-1,3-Propanediol market, emphasizing traditional bulk purchasing trends.
In 2024, Offline held a dominant market position in the By Distribution Channel segment of the 2-Methyl-1,3-Propanediol Market, with a 71.3% share. This is primarily attributed to the established presence and longstanding distribution networks of offline channels, such as direct sales, wholesalers, and distributors. These channels have long been preferred by industrial customers who rely on bulk purchases and established relationships with suppliers for timely deliveries and consistent product availability.
The dominance of offline distribution is further supported by the critical need for personalized customer service, technical support, and customized delivery solutions, which are more efficiently provided through traditional offline channels. Industries like manufacturing, automotive, and construction, which require large-scale procurement, continue to favor offline sales for their reliability and ease of transaction.
The Online distribution channel, while growing steadily, held a smaller share in 2024. The online segment benefits from increased convenience, wider accessibility, and a growing preference for e-commerce in various sectors. However, the online market for 2-Methyl-1,3-Propanediol is still in its early stages, primarily focusing on smaller-scale buyers, research labs, and niche applications.
Key Market Segments
By Type
- Pharmaceutical Grade
- Industrial Grade
- Laboratory Grade
By Application
- Plasticizer
- Adhesive
- Painting
- Personal Care Products
- Others
By Distribution Channel
- Offline
- Online
Driving Factors
Increasing Demand in Plasticizer Applications
The growing demand for plasticizers in various industries is a key driver for the 2-Methyl-1,3-Propanediol market. Plasticizers made from this compound enhance the flexibility, durability, and performance of polymers, making them essential in applications such as automotive parts, construction materials, and consumer goods.
As industries seek materials that offer better performance and longer lifespans, the demand for plasticizers continues to rise. This trend is expected to drive the consumption of 2-Methyl-1,3-Propanediol, fueling its market growth over the coming years.
Restraining Factors
High Production Costs Limiting Market Expansion
One of the key restraining factors for the 2-Methyl-1,3-Propanediol market is the high production cost associated with its manufacturing. The complexity of the synthesis process and the need for high-quality raw materials make production expensive.
As a result, manufacturers may face challenges in offering competitive pricing, especially in comparison to alternative compounds. This can limit the widespread adoption of 2-Methyl-1,3-Propanediol in cost-sensitive industries. Until production processes are optimized to lower costs, this factor may slow the overall market expansion.
Growth Opportunity
Rising Demand for Eco-Friendly Materials
A major growth opportunity for the 2-Methyl-1,3-Propanediol market lies in the increasing demand for eco-friendly and sustainable materials. As industries focus on reducing their environmental impact, there is a growing shift towards using green chemicals and bio-based alternatives.
2-Methyl-1,3-Propanediol, being a bio-derived compound, aligns with this trend and is seen as an attractive option for replacing petroleum-based chemicals. This growing preference for environmentally conscious products in industries like plastics, personal care, and coatings provides a significant opportunity for market growth.
Latest Trends
Shift Towards Bio-Based and Sustainable Products
A key trend in the 2-Methyl-1,3-Propanediol market is the increasing shift towards bio-based and sustainable products. With heightened awareness around environmental issues, both consumers and industries are prioritizing eco-friendly solutions. Manufacturers are focusing on producing 2-Methyl-1,3-Propanediol using renewable raw materials instead of fossil fuels.
This trend is particularly visible in sectors such as plastics, personal care, and coatings, where there is a growing demand for green alternatives. As sustainability becomes a key focus across industries, bio-based 2-Methyl-1,3-Propanediol is gaining significant traction.
Regional Analysis
In Asia-Pacific, the 2-Methyl-1,3-Propanediol market holds a 34.5% share, valued at USD 51.0 Mn.
In 2024, the 2-Methyl-1,3-Propanediol market was dominated by the Asia-Pacific region, accounting for 53.8% of the total market share. This dominance is driven by the region’s strong industrial base, particularly in manufacturing, automotive, and consumer goods, where 2-Methyl-1,3-Propanediol is widely used in plasticizer and adhesive applications.
The region’s market value reached USD 51.0 million, further reinforcing its significant role in the global market. China’s rapid industrialization and expansion of its chemical production capabilities have also contributed significantly to the region’s dominance.
North America holds a notable share of the market, supported by a well-established demand for 2-Methyl-1,3-Propanediol in the chemical and pharmaceutical industries. This region continues to grow as industries focus on sustainability and the adoption of bio-based chemicals.
Meanwhile, Europe remains a key market, driven by stringent regulations favoring eco-friendly materials and the ongoing trend toward sustainable production. The Middle East & Africa and Latin America represent smaller shares of the market but are expected to witness gradual growth, driven by increasing industrial activities and a rising demand for bio-based solutions in these regions.
Key Regions and Countries
- North America
- US
- Canada
- Europe
- Germany
- France
- The UK
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of MEA
Key Players Analysis
In 2024, the global 2-Methyl-1,3-Propanediol market is witnessing significant contributions from a diverse range of key players. These companies are focusing on expanding their production capacities, enhancing product quality, and advancing their sustainability practices to cater to the rising demand for bio-based chemicals.
Archer Daniels Midland Company and Du Pont de Nemours are major players in this market, leveraging their robust global supply chains and technological expertise to ensure efficient and scalable production of 2-Methyl-1,3-Propanediol. Their commitment to sustainability through bio-based product development is crucial as industries across the globe transition toward eco-friendly solutions.
Companies like Merck KGaA and LyondellBasell continue to play an important role by focusing on R&D and innovation, which helps in improving the performance and application of 2-Methyl-1,3-Propanediol in industries such as personal care, automotive, and coatings. Furthermore, players such as Connect Chemicals and Perstorp are strengthening their position by expanding their product portfolio, allowing them to cater to a wider range of customers across different sectors.
The rise of smaller players like Qingdao Fengchen Technology and Zhangjiagang Glory Biomaterial Co., Ltd. demonstrates the growing regional market competitiveness in Asia-Pacific. These players contribute to driving local market growth by focusing on cost-effective production and regional demand.
Top Key Players in the Market
- Archer Daniels Midland Company
- Central Drug House (P) Ltd.
- Chongqing Kunlun Chemical Co., Ltd
- Connect Chemicals
- Dairen Chemical Corp
- du Pont de Nemours and Company
- Haihang Industry Co., Ltd.
- Hunan Rivers Bioengineering Co., Ltd.
- LyondellBasell
- Merck KGaA
- METabolic Explorer
- Otto Chemie Pvt. Ltd.
- Perstorp
- Qingdao Fengchen Technology and Trade Co., Ltd.
- Salicylates And Chemicals Pvt. Ltd
- Shanghai Jinjinle Industry Co., Ltd
- Shell PLC, TCI Chemicals (India) Pvt. Ltd.
- Thermo Fisher Scientific, Inc
- Tokyo Chemical Industry Co., Ltd.
- Zhangjiagang Glory Biomaterial Co., Ltd.
- Zouping Mingxing Chemical Co., Ltd.
Recent Developments
- In June 2024, Archer Daniels Midland Company partnered with a biotechnology firm to develop an innovative fermentation process for producing 2-Methyl-1,3-Propanediol from renewable resources
- In January 2024, LyondellBasell launched a new bio-based 2-Methyl-1,3-Propanediol product line, aiming to meet the growing demand for sustainable chemicals in various industries
Report Scope
Report Features Description Market Value (2024) USD 150.0 Million Forecast Revenue (2034) USD 207.5 Million CAGR (2025-2034) 3.3% Base Year for Estimation 2024 Historic Period 2020-2023 Forecast Period 2025-2034 Report Coverage Revenue Forecast, Market Dynamics, Competitive Landscape, Recent Developments Segments Covered By Type (Pharmaceutical Grade, Industrial Grade, Laboratory Grade), By Application (Plasticizer, Adhesive, Painting, Personal Care Products, Others), By Distribution Channel (Offline, Online) Regional Analysis North America – US, Canada; Europe – Germany, France, The UK, Spain, Italy, Rest of Europe; Asia Pacific – China, Japan, South Korea, India, Australia, Singapore, Rest of APAC; Latin America – Brazil, Mexico, Rest of Latin America; Middle East & Africa – GCC, South Africa, Rest of MEA Competitive Landscape Archer Daniels Midland Company, Central Drug House (P) Ltd., Chongqing Kunlun Chemical Co., Ltd, Connect Chemicals, Dairen Chemical Corp, du Pont de Nemours and Company, Haihang Industry Co., Ltd., Hunan Rivers Bioengineering Co., Ltd., LyondellBasell, Merck KGaA, METabolic Explorer, Otto Chemie Pvt. Ltd., Perstorp, Qingdao Fengchen Technology and Trade Co., Ltd., Salicylates And Chemicals Pvt. Ltd, Shanghai Jinjinle Industry Co., Ltd, Shell PLC, TCI Chemicals (India) Pvt. Ltd., Thermo Fisher Scientific, Inc., Tokyo Chemical Industry Co., Ltd., Zhangjiagang Glory Biomaterial Co., Ltd., Zouping Mingxing Chemical Co., Ltd. Customization Scope Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements. Purchase Options We have three licenses to opt for: Single User License, Multi-User License (Up to 5 Users), Corporate Use License (Unlimited User and Printable PDF) 2-Methyl-1,3-Propanediol MarketPublished date: February 2025add_shopping_cartBuy Now get_appDownload Sample -
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- Archer Daniels Midland Company
- Central Drug House (P) Ltd.
- Chongqing Kunlun Chemical Co., Ltd
- Connect Chemicals
- Dairen Chemical Corp
- du Pont de Nemours and Company
- Haihang Industry Co., Ltd.
- Hunan Rivers Bioengineering Co., Ltd.
- LyondellBasell
- Merck KGaA Company Profile
- METabolic Explorer
- Otto Chemie Pvt. Ltd.
- Perstorp
- Qingdao Fengchen Technology and Trade Co., Ltd.
- Salicylates And Chemicals Pvt. Ltd
- Shanghai Jinjinle Industry Co., Ltd
- Shell PLC, TCI Chemicals (India) Pvt. Ltd.
- Thermo Fisher Scientific Company Profile
- Tokyo Chemical Industry Co., Ltd.
- Zhangjiagang Glory Biomaterial Co., Ltd.
- Zouping Mingxing Chemical Co., Ltd.
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