Polycarbonate Diols Market to Reach USD 432.02 Million by 2032 Driven by Growing Demand in Automotive and Healthcare Sectors | Report by SNS Insider [Yahoo! Finance]
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in transportation and the growing interest in sustainable, medical-grade solutions. Austin, Dec. 19, 2024 (GLOBE NEWSWIRE) -- The SNS Insider report indicates that, “ The Polycarbonate Diols Market Size was valued at USD 266.1 Million in 2023 & expected to reach USD 432.02 Million by 2032 and grow at a CAGR of 5.3% over the forecast period of 2024-2032. ” The growth of the Polycarbonate Diols (PCD) market is significantly driven by the increasing demand for sustainable materials as industries strive for eco-friendliness amid stricter environmental regulations and rising consumer awareness. Polycarbonate diols, which are key components in bio-based polyurethanes, provide biodegradable alternatives to petroleum-based resources. Initiatives like the EPA's Safer Choice Program promote the use of greener chemicals, enhancing market demand for PCDs. Moreover, advancements in technology and product development have led to improvements in the properties of polycarbonate diols, such as hig
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