The Global Polycarbonate Glycol (PCD) Market was valued at USD 1.2 Billion in 2024 and is projected to reach USD 1.8 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.5% during the forecast period (2024–2030). This significant growth is fueled by rising demand for high-performance polyurethanes across the automotive, footwear, and coatings industries, alongside advancements in sustainability and bio-based material development.

As industries worldwide seek durable, flexible, and eco-friendly materials, the demand for specialized polycarbonate glycols is accelerating. In this blog, we profile the Top 10 Companies in the Polycarbonate Glycol Industry—a select group of chemical innovators and material science leaders shaping the future of advanced polymers.

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🔟 1. UBE Corporation

Headquarters: Tokyo, Japan
Key Offering: ETERNACOLL® PH Series (Polycarbonate Diols)

UBE Corporation is a global leader in the production of high-quality polycarbonate diols, marketed under the ETERNACOLL® brand. Their products are renowned for exceptional hydrolysis resistance, mechanical strength, and weatherability, making them ideal for premium polyurethane applications.

Innovation & Sustainability Initiatives:

• Development of bio-based and high-performance PCD grades

• Focus on low-VOC and environmentally friendly formulations

• Global expansion of production capacity to meet growing demand

Download FREE Sample Report:
Polycarbonate Glycol Market – View in Detailed Research Report

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9️⃣ 2. Tosoh Corporation

Headquarters: Tokyo, Japan
Key Offering: PCD resins for elastomers, adhesives, and coatings

Tosoh Corporation is a major chemical enterprise with a strong portfolio of advanced materials, including specialized polycarbonate glycols. Their products are critical for manufacturing high-performance polyurethane elastomers used in industrial and consumer applications.

Innovation & Sustainability Initiatives:

• Investment in R&D for next-generation PCD materials

• Commitment to sustainable chemical processes and product life cycles

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8️⃣ 3. Covestro AG (formerly Bayer MaterialScience)

Headquarters: Leverkusen, Germany
Key Offering: Desmodur® and Desmophen®-based systems incorporating PCD

Covestro, spun off from Bayer, is a world-leading supplier of high-tech polymer materials. Their expertise in polycarbonate glycols is integral to their advanced polyurethane systems, which are used in automotive interiors, synthetic leather, and specialty coatings.

Innovation & Sustainability Initiatives:

• Pioneering carbon-neutral production pathways

• Development of PCDs for circular economy applications

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7️⃣ 4. Asahi Kasei Corporation

Headquarters: Tokyo, Japan
Key Offering: Polycarbonate diols for durable elastomers and resins

Asahi Kasei is a diversified chemical manufacturer with a significant presence in the performance materials sector. Their polycarbonate glycol products are valued for their excellent durability and are used in applications requiring long-term reliability.

Innovation & Sustainability Initiatives:

• Advanced material research for automotive lightweighting

• Initiatives to reduce the environmental footprint of material production

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6️⃣ 5. Perstorp Holding AB

Headquarters: Malmö, Sweden
Key Offering: Specialty polyols, including caprolactone-based and polycarbonate diols

Perstorp is a global specialty chemicals leader focused on developing innovative polyol solutions. Their high-performance polycarbonate glycols are designed to enhance the properties of coatings, adhesives, sealants, and elastomers (CASE).

Innovation & Sustainability Initiatives:

• Launch of the Pro-Environment Portfolio for sustainable solutions

• Investment in bio-based and circular raw materials

Download FREE Sample Report:
Polycarbonate Glycol Market – View in Detailed Research Report

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5️⃣ 6. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Polycarbonate diols for high-performance polyurethane systems

BASF, one of the world’s largest chemical producers, offers a range of polycarbonate glycols that provide superior resistance to abrasion, chemicals, and UV light. These materials are essential for demanding applications in construction, transportation, and textiles.

Innovation & Sustainability Initiatives:

• Integration of PCDs into certified sustainable product lines

• Strong focus on R&D for resource-efficient material solutions

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4️⃣ 7. Wanhua Chemical Group Co., Ltd.

Headquarters: Yantai, China
Key Offering: MDI, polyols, and specialty PCD products

Wanhua Chemical has grown into a global leader in the polyurethane industry. The company produces a variety of polyols, including developing capabilities in polycarbonate glycols to serve the high-end markets for flexible and durable materials.

Innovation & Sustainability Initiatives:

• Massive investment in new production technologies

• Expansion of bio-based and recyclable polyurethane offerings

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3️⃣ 8. Mitsubishi Chemical Corporation

Headquarters: Tokyo, Japan
Key Offering: High-performance engineering plastics and specialty chemicals

Mitsubishi Chemical’s advanced material segment includes the development of specialized polycarbonate glycols used to create polyurethanes with exceptional mechanical properties and longevity for automotive and electronic applications.

Innovation & Sustainability Initiatives:

• Focus on creating sustainable value through KAITEKI philosophy

• R&D in next-generation materials for a carbon-neutral society

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2️⃣ 9. DIC Corporation

Headquarters: Tokyo, Japan
Key Offering: Specialty polymers and polyols for diverse industries

DIC Corporation is a leading company in the fine chemicals sector, producing a wide array of polymer products. Their involvement in polycarbonate glycols supports the creation of high-value polyurethane dispersions and coatings.

Innovation & Sustainability Initiatives:

• Development of eco-friendly material solutions

• Strategic partnerships to enhance global material supply chains

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1️⃣ 10. Lanxess AG

Headquarters: Cologne, Germany
Key Offering: High-tech engineering plastics and polyurethane additives

Lanxess is a specialty chemicals company with expertise in developing materials for lightweight construction and sustainable mobility. Their product portfolio includes components and knowledge systems that utilize polycarbonate glycols for enhanced performance.

Innovation & Sustainability Initiatives:

• Commitment to climate neutrality and circular economy principles

• Innovation in high-performance materials for electric vehicles

Get Full Report Here:
Polycarbonate Glycol Market – View in Detailed Research Report

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🌍 Outlook: The Future of Polycarbonate Glycol Is High-Performance and Sustainable

The polycarbonate glycol market is experiencing a significant transformation. While traditional applications in coatings and elastomers remain strong, the industry is rapidly evolving towards bio-based alternatives, enhanced material properties, and circular economy models.

📈 Key Trends Shaping the Market:

• Rising demand for sustainable and bio-based PCDs in Europe and North America

• Increased application in electric vehicle components for lightweighting and durability

• Technological advancements in polymerization processes for improved efficiency

• Strategic collaborations between chemical companies and end-user industries to develop customized solutions

Get Full Report Here:
Polycarbonate Glycol Market – View in Detailed Research Report

The companies listed above are not only supplying essential materials—they are driving the innovation and sustainability that will define the next generation of high-performance polymers.