The Global 1,7-Octadiene Market is projected to witness substantial growth, with an anticipated valuation of US$ 78.5 Million by 2028, expanding from an estimated US$ 58.2 Million in 2023. This represents a Compound Annual Growth Rate (CAGR) of approximately 6.2% during the forecast period (2023-2028). This robust growth is primarily driven by escalating demand from the polymer industry, expanded applications in organic synthesis, and the rising need for high-performance specialty chemicals across various sectors.

As the chemical industry pivots towards more sophisticated and versatile intermediates, the focus intensifies on the leading producers who are enabling advancements in material science and manufacturing. In this analysis, we profile the Top 10 Companies in the 1,7-Octadiene Industry—a combination of global chemical giants and specialized manufacturers shaping the supply and innovation landscape for this critical diene compound.

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🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: High-Purity 1,7-Octadiene, Custom Synthesis Services

BASF stands as a global leader in the chemical industry and is a significant supplier of specialty olefins, including 1,7-octadiene. The company leverages its integrated petrochemical value chain and extensive R&D capabilities to produce high-purity grades tailored for demanding applications such as catalysis and polymer modification.

Innovation and Capacity:

• World-scale production facilities with stringent quality control
• Ongoing R&D in olefin chemistry and derivatives
• Strategic focus on developing sustainable production pathways

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9️⃣ 2. Kuraray Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Specialty Chemicals, High-Grade 1,7-Octadiene

Kuraray is renowned for its expertise in functional polymers and fine chemicals. Its production of 1,7-octadiene is closely linked to its leadership in isoprene and other diene-based chemicals, serving advanced material applications globally with a strong emphasis on purity and consistency.

Innovation and Capacity:

• Advanced separation and purification technologies
• Integration with downstream specialty elastomer and resin production
• Commitment to product quality and technical customer support

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8️⃣ 3. Gelest, Inc. (a Mitsubishi Chemical Group Company)

Headquarters: Morrisville, Pennsylvania, USA
Key Offering: Ultra-High Purity 1,7-Octadiene, Silanes and Metal-Organics

Gelest, now part of the Mitsubishi Chemical Group, specializes in high-purity silanes, metal-organic compounds, and specialty monomers. The company is a key supplier of high-purity 1,7-octadiene, particularly for research institutions and industries requiring exacting specifications for catalysis and organic synthesis.

Innovation and Capacity:

• Focus on ≥98% purity grades for sensitive chemical reactions
• Strong presence in the North American and European research markets
• Expertise in handling air- and moisture-sensitive chemicals

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7️⃣ 4. Evonik Industries AG

Headquarters: Essen, Germany
Key Offering: Performance Intermediates, C8 Dienes

Evonik Industries operates a strong performance intermediates segment that includes a portfolio of olefins and diolefins. The company’s chemical expertise and global production network position it as a reliable supplier of 1,7-octadiene for applications in cross-linking agents and specialty polymer production.

Innovation and Capacity:

• Strategic investments in catalyst technology for selective hydrogenation
• Application development support for customers in the plastics and coatings industries
• Emphasis on sustainable production processes

Download FREE Sample Report: Global 1,7-Octadiene Market – View in Detailed Research Report

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6️⃣ 5. Tokyo Chemical Industry Co., Ltd. (TCI)

Headquarters: Tokyo, Japan
Key Offering: Laboratory Chemicals, Reagent-Grade 1,7-Octadiene

TCI is a leading global supplier of high-quality laboratory chemicals. While not a bulk producer, TCI is a critical player for the research and development phase, providing high-purity 1,7-octadiene to pharmaceutical, academic, and industrial R&D laboratories worldwide, facilitating early-stage innovation.

Innovation and Capacity:

• Extensive catalog of fine chemicals for research purposes
• Rigorous quality assurance for analytical and synthetic applications
• Global distribution network serving the scientific community

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5️⃣ 6. Hangzhou DayangChem Co., Ltd.

Headquarters: Hangzhou, Zhejiang, China
Key Offering: Chemical Intermediates, Custom Manufacturing

Hangzhou DayangChem is a prominent Chinese manufacturer and supplier of fine chemicals and intermediates. The company has built a reputation for supplying 1,7-octadiene to both domestic and international markets, competing on cost-effectiveness and the ability to scale production to meet customer demand.

Innovation and Capacity:

• Significant manufacturing capacity in China’s major chemical industry zone
• Focus on competitive pricing for industrial-scale applications
• Expanding reach into global supply chains for chemical intermediates

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4️⃣ 7. Hangzhou Bingochem Co., Ltd.

Headquarters: Hangzhou, Zhejiang, China
Key Offering: Pharmaceutical Intermediates, Specialty Monomers

Specializing in the development and production of fine chemicals, Hangzhou Bingochem is an emerging supplier in the 1,7-octadiene market. The company focuses on serving the needs of the pharmaceutical and advanced materials sectors with reliably sourced chemical building blocks.

Innovation and Capacity:

• Growing production capabilities for olefinic intermediates
• Strategic focus on the Asian pharmaceutical and polymer markets
• Investment in quality control systems to meet international standards

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3️⃣ 8. Wuhan Hongde Yuexin Pharmatech Co., Ltd.

Headquarters: Wuhan, Hubei, China
Key Offering: API Intermediates, High-Purity Chemicals

As the name suggests, this company has a strong foundation in pharmaceutical intermediates but has expanded into broader fine chemicals. Wuhan Hongde Yuexin Pharmatech supplies 1,7-octadiene primarily to industrial customers requiring consistent quality for synthesis and modification processes.

Innovation and Capacity:

• Expertise in producing high-purity chemicals for sensitive applications
• Established position within China’s robust chemical manufacturing ecosystem
• Capability for custom synthesis and contract manufacturing

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2️⃣ 9. Qingdao Zhongke Bikai New Material Technology Co., Ltd.

Headquarters: Qingdao, Shandong, China
Key Offering: New Material Monomers, Specialty Olefins

This company focuses on the development and production of monomers for new materials. Qingdao Zhongke Bikai is involved in the 1,7-octadiene market, catering to the growing demand from the polyolefin modification and advanced polymer sectors, particularly within the Asia-Pacific region.

Innovation and Capacity:

• Orientation towards innovation in material science applications
• Collaborations with research institutions for new product development
• Focus on the domestic Chinese market with increasing export activities

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1️⃣ 10. Other Key Regional and Niche Players

Headquarters: Various
Key Offering: Regional Supply, Niche-Grade 1,7-Octadiene

Beyond the major global players, the market includes several other regional manufacturers and chemical distributors who play a vital role in the supply chain. These companies often provide 1,7-octadiene to local industries, offer competitive pricing for standard grades, and ensure geographical diversity in supply, which enhances market resilience.

Market Role:

• Critical for regional supply chain stability and redundancy
• Often provide more cost-effective options for less demanding applications
• Support local industries and contribute to the overall market volume

Get Full Report Here: Global 1,7-Octadiene Market – View in Detailed Research Report

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🌍 Outlook: The Future of 1,7-Octadiene is Tied to Advanced Material Development

The 1,7-octadiene market is evolving in tandem with the broader specialty chemicals sector. While traditional applications in organic synthesis remain the foundation, the future growth is increasingly linked to its role in creating next-generation polymers and functional materials.

📈 Key Trends Shaping the Market:

• Growing demand for high-purity grades (≥98%) from the pharmaceutical and electronics industries
• Expansion of production capacities in Asia, particularly in China, to meet global demand
• Increasing R&D activities focused on using 1,7-octadiene as a cross-linking agent and comonomer for high-performance polymers
• Rising importance of supply chain reliability and regional diversification post-pandemic

Get Full Report Here: Global 1,7-Octadiene Market – View in Detailed Research Report

The companies profiled above are not only supplying a crucial chemical intermediate—they are enabling the innovation and production of advanced materials that define modern technology and industry.