The global neopentyl glycol market reached a volume of about 811.81 KMT in 2025. The market for neopentyl glycol is being driven by increasing demand from multiple industries, such as paint and coatings. The market is further expected to grow at a CAGR of 3.70% in the forecast period of 2026-2035 to reach a volume of approximately 1167.46 KMT by 2035.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
3.7%
Value in KMT
2026-2035
*this image is indicative*
Neopentyl glycol is known for its many properties and applications in various industries, which is directly boosting its growth significantly. Qualities of neopentyl glycol such as scratch resistance, high resistance to oxidation, and non-polar chemical nature, among others, accredit to the rising growth rate of the industry as these make neopentyl glycol employable in various industries.
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Due to such qualities, the demand for neopentyl glycol is growing for many applications such as resins, paint and coatings, plasiticisers, lubricants, etc., which is thereby bolstering the market growth for the product. The market is also driven by rising demand from pharmaceuticals, textiles, construction, etc., and is expected to witness new market opportunities in the forecast period to expand the market further.
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Neopentyl glycol is an organic compound mainly obtained from isobutyraldehyde and formaldehyde. It is a white crystalline solid with a mint-like odour. Neopentyl glycol is used in wide ranges of applications, such as base resins for coatings, lubricant oils and greases, hydraulic fluids, textiles, pharmaceuticals, and pesticides, among others. It is also used in the manufacture of many polyesters due to its ability to enhance the heat, water, and light stability.
Based on type, the market is divided into:
On the basis of technology, the market is segmented into:
By application, the market is segregated into:
The regional markets for the product include:
The paint and coatings industry additionally has rising demand from automobiles and transportation as well as building and construction industries, indirectly boosting the market growth of neopentyl glycol. Resistance to scratches and low VOC content of neopentyl glycol is expected to boost the use of the product in the paint and coatings industry during the forecast period. Moreover, the growing demand for adhesives and sealants is also supporting the growth of the neopentyl glycol industry. Powder coatings of neopentyl glycol have enhanced thermal protection and ultraviolet stability, making it a leading product in the paint and coating industry, thereby bolstering the growth rate of the industry.
The report gives a detailed analysis of the following key players in the global neopentyl glycol market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
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The market attained a volume of nearly 811.81 KMT in 2025.
The market is projected to grow at a CAGR of 3.70% between 2026 and 2035.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach a volume of 1167.46 KMT by 2035.
The major drivers of the market are rising demand from pharmaceutical, textile, and construction industries and increased adoption of low-VOC glycol products.
The key trends guiding the growth of the market include growing infrastructure projects and developments in personal care and pharmaceuticals.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Flakes, molten, and slurry, among others, are the different types of neopentyl glycol in the market.
Disproportionation method, and hydrogenation method are the various technologies of neopentyl glycol in the market.
The applications of neopentyl glycol include paint and coatings, insulation material, adhesives and sealants, lubricants, fibres, plasticisers, and pharmaceuticals, among others.
The key players in the global neopentyl glycol market are BASF SE, Eastman Chemical Company, Mitsubishi Gas Chemical Company, Inc, Perstorp Group, and LG Chem, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Technology |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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