The Global 2-Methyl-1, 3-Propanediol (MPO) Market was valued at USD 128.08 Million in 2021 and is projected to grow at a Compound Annual Growth Rate (CAGR) of 3.22% through 2027. This steady growth is primarily fueled by escalating demand from the unsaturated polyester resins (UPR) sector, the expanding polyurethane industry, and increasing applications in coatings and personal care products.
As industries worldwide pivot towards high-performance, sustainable, and versatile chemical intermediates, the role of key MPO producers becomes increasingly critical. This market is characterized by its oligopolistic nature, with a few major players dominating global supply chains due to significant capital investment and technical expertise barriers. In this blog, we profile the Top 10 Companies in the 2-Methyl-1, 3-Propanediol Industry—highlighting the chemical giants and specialized manufacturers that are essential to a wide range of downstream applications.
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🔟 1. Dairen Chemical Corporation
Headquarters: Taipei, Taiwan
Key Offering: High-Purity 2-Methyl-1,3-Propanediol (MPO)
Dairen Chemical Corporation is a global leader and one of the primary producers of 2-Methyl-1,3-Propanediol. The company utilizes advanced hydroformylation technology to manufacture MPO, serving as a critical supplier to the polyester resin, polyurethane, and coatings industries worldwide. Their technical expertise and large-scale production capabilities make them a cornerstone of the global MPO supply chain.
Strategic Focus & Applications:
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Leading producer with significant global market share
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Key supplier for high-performance unsaturated polyester resins (UPR)
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Focus on product quality and supply chain reliability for global customers
9️⃣ 2. LyondellBasell Industries N.V.
Headquarters: Houston, Texas, USA / Rotterdam, Netherlands
Key Offering: 2-Methyl-1,3-Propanediol, Propylene Oxide derivatives
As one of the world’s largest plastics, chemicals, and refining companies, LyondellBasell is a major force in the MPO market. Their integrated production processes, stemming from a strong foundation in propylene oxide chemistry, enable them to produce high-quality MPO for a diverse range of industrial and specialty chemical applications.
Strategic Focus & Applications:
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Integrated production from propylene oxide feedstock
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Strong focus on innovation for coatings and advanced polymer applications
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Global distribution network ensuring widespread availability
8️⃣ 3. Perstorp Holding AB
Headquarters: Malmö, Sweden
Key Offering: Specialty polyols, including high-purity MPO
Perstorp is a leading specialty chemicals company with a strong portfolio of polyols and other intermediates. While not a primary producer on the scale of Dairen or LyondellBasell, Perstorp plays a significant role in the market by providing high-quality, specialty-grade MPO tailored for specific performance requirements in coatings, plasticizers, and personal care.
Strategic Focus & Applications:
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Specialization in high-value, application-specific MPO grades
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Strong R&D focus on sustainable chemistry solutions
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Targeted solutions for the European and North American markets
7️⃣ 4. BASF SE
Headquarters: Ludwigshafen, Germany
Key Offering: Broad portfolio of polyols and chemical intermediates
BASF, the world’s largest chemical producer, leverages its vast infrastructure and research capabilities in the polyols space. While its primary MPO involvement may be through sourcing for downstream products, the company’s extensive work in polyurethane systems, coatings, and plasticizers makes it a significant influencer and consumer in the MPO value chain.
Strategic Focus & Applications:
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Development of advanced polyurethane systems utilizing MPO
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Focus on sustainability and bio-based alternatives in the polyols sector
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Extensive customer technical support and application development
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6️⃣ 5. Mitsubishi Gas Chemical Company, Inc. (MGC)
Headquarters: Tokyo, Japan
Key Offering: Specialty chemicals, fine chemicals, and polyols
Mitsubishi Gas Chemical is a major Japanese chemical company with a diverse product portfolio. Its expertise in chemical synthesis and purification positions it as a potential key player and customer for MPO, particularly in the Asian market for high-end applications in electronics, engineering plastics, and specialty coatings.
Strategic Focus & Applications:
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Focus on high-purity chemicals for demanding applications
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Strong presence in the Asian electronics and automotive sectors
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Investment in R&D for next-generation polymer materials
5️⃣ 6. Shell Chemicals
Headquarters: London, United Kingdom
Key Offering: Oxo alcohols, intermediates, and performance chemicals
Shell Chemicals, with its strong legacy in oxo chemistry derived from its petrochemical operations, has the foundational technology relevant to MPO production. The company’s extensive work with C3 and C4 chemical streams makes it an important entity in the broader polyols and glycols market, influencing MPO availability and pricing.
Strategic Focus & Applications:
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World-class oxo-alcohols production technology
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Integrated supply chain from upstream hydrocarbons
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Commitment to developing lower-carbon chemical pathways
4️⃣ 7. Dow Chemical Company
Headquarters: Midland, Michigan, USA
Key Offering: Polyols, propylene oxide derivatives, performance materials
Dow is a global powerhouse in materials science, with a massive footprint in polyurethanes and propylene oxide-based chemicals. The company’s downstream consumption and potential for MPO production or sourcing make it a central figure in the market, driving demand through its extensive range of consumer and industrial products.
Strategic Focus & Applications:
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Leading global producer of polyurethane precursors and systems
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Strong emphasis on innovation for construction, automotive, and consumer goods
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Sustainability initiatives focused on circular economy principles
3️⃣ 8. CNOOC Petrochemicals Co., Ltd. (CPC)
Headquarters: Beijing, China
Key Offering: Petrochemicals, fertilizers, and refined products
As a major state-owned petrochemical enterprise in China, CNOOC Petrochemicals has the scale and integration to be a significant player in the chemical intermediates space. The company’s growing capabilities in propylene oxide and derivative chemicals position it as an increasingly important participant in the Asian MPO market.
Strategic Focus & Applications:
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Expanding petrochemical and refining integration in Asia
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Focus on serving the domestic Chinese market’s growing demand
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Investment in large-scale chemical production complexes
2️⃣ 9. Ineos Group
Headquarters: London, United Kingdom
Key Offering: Olefins, polymers, and specialty chemicals
Ineos is one of the world’s largest chemical producers, with a strong presence in oxide chemistry and derivatives. The company’s aggressive acquisition strategy and focus on chlor-alkali and derivative products give it the technical and industrial platform to be a relevant player in the MPO and broader polyols ecosystem.
Strategic Focus & Applications:
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Major producer of oxide and derivative chemicals in Europe and the Americas
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Strong focus on operational efficiency and cost leadership
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Diversified chemical portfolio serving multiple end-use industries
1️⃣ 10. Mitsui Chemicals, Inc.
Headquarters: Tokyo, Japan
Key Offering: Performance compounds, petrochemicals, and functional materials
Mitsui Chemicals is a leading Japanese chemical company with advanced capabilities in polymer and functional material design. Its work in high-performance polyurethanes, coatings, and elastomers makes it a key consumer and innovator within the MPO value chain, particularly for advanced applications requiring specific material properties.
Strategic Focus & Applications:
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Development of high-value functional polymers and composites
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Strong R&D focus on materials for mobility, healthcare, and ICT
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Strategic partnerships for technology and market development
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Global 2-Methyl-1, 3-Propanediol Market – View in Detailed Research Report
🌍 Outlook: The Future of 2-Methyl-1, 3-Propanediol Is Driven by High-Performance Applications
The 2-Methyl-1, 3-Propanediol market is poised for steady, sustained growth, underpinned by its unique properties that enhance product performance across multiple industries. While the market structure remains concentrated, innovation in application development is creating new avenues for expansion.
📈 Key Trends Shaping the Market:
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Growing demand for unsaturated polyester resins in construction and marine composites
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Expansion of the polyurethane market, particularly in flexible foams and coatings
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Increasing use of MPO in high-performance personal care products and cosmetic formulations
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Research into bio-based production pathways to enhance sustainability credentials
Get Full Report Here:
Global 2-Methyl-1, 3-Propanediol Market – View in Detailed Research Report
The companies listed above are not only supplying a critical chemical intermediate—they are enabling the development of advanced materials that define modern manufacturing and consumer products.
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