Polycarbonate Diols Market Size, Industry Share and Analysis by 2027

Rising demand for waterborne paints & coatings and stringent government regulations across the globe is providing momentum to the growth of the market.


pune, Maharashtra -- (SBWIRE) -- 12/11/2023 -- The report "Polycarbonate Diols Market by Form (Solid, Liquid), Molecular Weight (g/mol) (<1,000, 1,000 – below 2,000, 2,000 & Above), Application (Synthetic Leather, Paints & Coatings, Adhesives & Sealants, Elastomers) and Region - Global Forecast to 2027", size is expected to grow from USD 249 million in 2022 to USD 328 million by 2027 at a compound annual growth rate (CAGR) of 5.7% during the forecast period. The main factor driving the polycarbonate diols industry during the forecast period includes the rising demand for high-performance polyurethane in the synthetic leather application. Also, rising demand for waterborne paints & coatings and stringent government regulations across the globe is providing momentum to the growth of the market.

Browse in-depth TOC on "Polycarbonate Diols Market"
366 market data Tables
44 Figures
231 Pages

Download PDF Brochure @

Ever-increasing adoption of high-performance synthetic leather across the industry, a key to market growth
The natural leather industry has been affected by the supply of raw materials, growing environmental concerns, animal protection, and changes in consumer demand. Thus, a significant shift in the market from natural to synthetic leather is being witnessed across the globe.

The PU synthetic leather has enhanced Physico-chemical properties and is more akin to natural leather in terms of handling, texture, and appearance. With the increase in production of synthetic leather-based products and the structural upgrading of the industry, the demand for high-quality, functional polyurethane from synthetic leather manufacturers is growing steadily across the globe.

The Asia Pacific to be the biggest market during the projection period.
Due to the low cost of production and tolerant regulation, APAC is a profitable market for "Global Industry Shift." Since then, the Asia Pacific manufacturing sector had registered a healthy development from the perspective of production. This manufacturing sector growth helps to propel the demand for the polyurethane market, which in turn further promotes the growth of the polycarbonate diols market.

The major players in this market are Ube Industries Ltd. (Japan), Mitsubishi Chemical Corporation (Japan), Asahi Kasei Corporation (Japan), Covestro Ag (Germany), Tosoh Corporation (Japan), Daicel Corporation (Japan), Perstorp Group (Sweden), Saudi Arabian Oil Co. (Saudi Arabia), GRR Fine Chem Pvt. Ltd.(India), and Chemwill Asia Co. Ltd. (China), among others.

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441