In 2023, the US imported diols, excluding ethylene and propylene glycol, valued at approximately 78.5 million USD. The forecast shows a gradual increase in the market, with values expected to rise from 79.705 million USD in 2024 to 81.157 million USD by 2028. This reflects a stable and moderate year-on-year growth rate of around 0.4% to 0.5%, with a compound annual growth rate (CAGR) of approximately 0.4% over the five-year period from 2024 to 2028.
Future trends to watch include the development of sustainable and bio-based diol production technologies and changing global trade policies that could impact import dynamics. Additionally, the demand from emerging industries such as green chemistry and bio-materials presents growth opportunities.
