Global C4-C8 Diol Market Size Reached $5796 Million in 2023

C4-C8 diol is a type of organic compound with a molecular structure containing 4 to 8 carbon atoms and at least two hydroxyl (- OH) functional groups. These diols can have different isomers based on the structure of the carbon chain and the position of hydroxyl groups. Common C4-C8 diols include 1,2-butanediol (C4 diol), 1,4-butanediol (C4 diol), and 1,6-hexanediol (C6 diol).

Segmented market analysis

From the perspective of type, C4-C8 diol is usually divided into butanediol (C4 diol), pentanediol (C5 diol), hexanediol (C6 diol), heptanediol (C7 diol), and octanediol (C8 diol) based on the number of carbon atoms. Among them, butanediol (C4 glycol) dominates the market. According to our research data, the global production of butanediol reached 3019.0k tons in 2023, accounting for 95.62% of the total production of C4-C8 diol.

From the perspective of downstream applications, the application of C4-C8 diol involves many fields such as coatings, inks, adhesives, pharmaceuticals, personal care, and pesticides. Among them, the coating industry is the largest downstream application market. The data shows that the consumption of C4-C8 diol in the coating industry in 2023 was 2603.5k tons, accounting for 82.46% of the total consumption.

Global C4-C8 Diol Production, Consumption, and Proportion by Type and Application in 2023

Types

Production  (K Tons)

Proportion

Butanediol (C4 diol)

3019.0

95.62%

Hexanediol (C6 diol)

138.0

4.37%

Octanediol (C8 diol)

0.2

0

Others

0.1

0

Applications

Consumption  (K Tons)

Proportion

Coatings

2603.5

82.46%

Pharmaceuticals

158.2

5.01%

Personal Care

6.0

0.19%

Pesticides

204.1

6.46%

Others

131.5

4.16%

Source: www.globalmarketmonitor.com


Overview of Market Development
With the continuous development of the global economy, the chemical industry, as an important basic industry, continues to grow in market demand. As an important chemical raw material, the demand for C4-C8 diol has also increased, but the growth rate is relatively slow. The data shows that the total global consumption of C4-C8 diol in 2023 was 3157.3k tons, an increase of 1.06% compared to 2022; The market size reached $5796 million in 2023, a decrease of 0.19% compared to 2022.
At present, the global C4-C8 diol market has formed a relatively mature industrial chain, with major producers concentrated in China, Europe, North America, and other regions. Among them, China, as the world's largest chemical producer, ranks among the top in terms of C4-C8 diol production capacity and output in the world. Meanwhile, China is also the world's largest consumer of C4-C8 diol. According to data, the consumption of C4-C8 diol in China in 2023 was 1309.8k tons, accounting for 41.48% of the global total consumption.



Analysis Of Market-Oriented Competitive Landscape
From the perspective of market competition, the concentration of the global C4-C8 diol market is relatively high. The data shows that in 2023, the total output value of C4-C8 diol among the top 3 enterprises in the industry was $3038 million, with a total share of 52.42%. The top 3 companies were BASF SE, LyondellBasell Chemicals, and Dairen Chemicals. In 2023, these three companies accounted for 31.60%, 11.32%, and 9.50% of the global market for C4-C8 diol production value.
Global C4-C8 Diol Market Size Forecast and Competitive Landscape Analysis  



Global C4-C8 Diol Market Size Forecast and Competitive Landscape Analysis
Source: www.globalmarketmonitor.com


For more industry information, please refer to our latest released "C4-C8 Diol Market - Global Professional Analysis and Forecast to 2026".


Beyond Consulting, Future is Feasible

We provide more professional and intelligent market reports to complement your business decisions.