#13 Propanediol Market Analysis

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The growing demand for 1, 3-propanediol from various applications is expected to drive the growth of the market during the review period. The major applications of 1, 3-propanediol are polytrimethylene terephthalate, polyurethane, cosmetics & personal care, household, engine coolants among others.

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1,3 Propanediol Market Analysis by Current Industry Status and Growth Opportunities, Top Key Players, Target Audience and Forecast to 2028

This 1,3 propanediol market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on 1,3 propanediol market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

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Market Analysis and Insights : Global 1,3 Propanediol Market

The 1,3 propanediol market is expected to witness market growth at a rate of 9.85% in the forecast period of 2021 to 2028 and is expected to reach USD 401.65 million by 2028. Data Bridge Market Research report on 1,3 propanediol market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in demand for the product for various applications is escalating the growth of 1,3 propanediol market.

1,3-propanediol (PDO) refers to an organic chemical compound that is colorless liquid which is used on a large-scale for various industrial production and research applications because it provides a number of benefits for its end-uses. The compound is produced in anaerobic conditions organically from glycerol and its interactions with microorganisms. It has represented as CH₂(CH₂OH)₂ and possess complete mixing capability with water. 

The rise in the demand for polyesters such as polytrimethylene terephthalate (PTT) acts as one of the major factors driving the growth of 1,3 propanediol market. The increase in the usage of polyurethane across various end-use industries and shift towards declining reliance on petroleum products on account of rise in the environmental concerns and volatility associated with their pricing accelerate the 1,3 propanediol market growth. The rise in the relevance of glycerol as major raw material for manufacturing 1,3 PDO and increase in polyester applications across diverse industries further influence the 1,3 propanediol market. Additionally, the rise in resin applications, increase in demand for PTT and new application areas of 1,3-PDO positively affect the 1,3 propanediol market. Furthermore, genetically engineered microorganisms for glycerol fermentation and emerging economies extend profitable opportunities to the 1,3 propanediol market players in the forecast period of 2021 to 2028.

 On the other hand, availability of substitutes at comparatively lower costs is expected to obstruct the 1,3 propanediol market growth. Lack of awareness about the benefits of 1,3-propanediol in industrial applications is projected to challenge the 1,3 propanediol market in the forecast period of 2021-2028.

 1,3 Propanediol Market Scope and Market Size

The 1,3 propanediol market is segmented on the basis of source and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.

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 On the basis of source, the 1,3 propanediol market is segmented into bio-based and petrochemical-based.

On the basis of application, the 1,3 propanediol market is segmented into polyurethane, polytrimethylene terephthalate (PTT), personal care & detergents, pharmaceutical, food & beverages, heat transfer fluid and inks and coatings.

Global 1,3 Propanediol Market Country Level Analysis

 The 1,3 propanediol market is analyzed and market size, volume information is provided by country, source and application as referenced above.

 The countries covered in the global 1,3 propanediol market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

 North America dominates the 1,3 propanediol market due to the presence of key players and growing demand for 1,3-propanediol in applications such as cosmetics, personal care, cleaning products and PTT in the region.

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 The country section of the 1,3 propanediol market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

 Competitive Landscape and 1,3 Propanediol Market Share Analysis

The 1,3 propanediol market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to 1,3 propanediol market.

 The major players covered in the 1,3 propanediol market report are DuPont, Tate & Lyle Bio Products, Zouping Mingxing Chemical Co. Ltd., Merck KGaA, Alfa Aesar, Thermo Fisher Scientific Inc., Connect Chemicals, MakingCosmetics Inc., trc-canada, Tokyo Chemical Industry Co., Ltd., Metabolic Explorer among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

 Global 1,3 Propanediol Market, By Source (Bio-Based, Petrochemical-Based), Application (Polyurethane, Polytrimethylene Terephthalate (PTT), Personal Care & Detergents, Pharmaceutical, Food & Beverages, Heat Transfer Fluid, Inks and Coatings), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.

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1,3-Propanediol Industry: Regional Outlook, Size, Share, Trends, Demand and Key Player profile by 2027

The growing demand for 1, 3-propanediol from various applications is expected to drive the growth of the market during the review period. The major applications of 1, 3-propanediol are polytrimethylene terephthalate, polyurethane, cosmetics & personal care, household, engine coolants among others. The growing development of cosmetic & personal care industry across the globe is expected to boost the market during the forecast years. Moreover, the growing investment in research and development activities for the production of bio-based 1,3 propanediol is anticipated to be a major opportunity in the market.

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Market Segmentation

The global 13 propanediol market is segmented into application and region.

On the basis of application, the global market of 1, 3-propanediol can be further segmented into polytrimethylene terephthalate, polyurethane, cosmetic & personal care, household, engine coolants, heat transfer fluid, de-icing fluid and others. On the basis of region, the global 1, 3-propanediol market is bifurcated into Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa.

Market Scenario

Among the various applications of the 1, 3-propanediol, the polytrimethylene terephthalate segment was anticipated to be the dominant segment in 2016 and is expected to show the same trend during the forecast years. The polyurethane segment is expected to witness the highest growth with a CAGR of over 4.5% during the assessed period.  The growing demand for polytrimethylene terephthalate across various applications such as cosmetic & personal care, engine coolants, and de-icing fluid among other is substantially contributing to the growth of the segment.

The global 1, 3-propanediolmarket is spanned across five key regions: Europe, Asia Pacific, North America Latin America, and the Middle East & Africa. Among these, Asia Pacific is the fastest  growing  market during the forecast period. The growing population has increased the demand for cosmetics & personal care and household products, in turn, adding to the demand for 1,3 propanediol market. North America followed by Europe is anticipated to be the largest markets during the given period. The developed automobile, cosmetic & personal care industry along with the growing shift towards biodiesel is positively contributing to the growth of the market.

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Competitive Analysis

DuPont Tate & Lyle Bio Products Company, LLC (U.S.), Metabolic Explorer SA (France) Zhangjiagang Glory Biomaterial Co. Ltd (China) and Zouping Mingxing Chemical Co., Ltd (China),  Royal Dutch Shell (Netherland), Shanghai Jinjinle Industry Co., Ltd (China), Zouping Mingxing Chemical Co.,Ltd (China), Salicylates And Chemicals Pvt. Ltd (India), and Chongqing Kunlun Chemical Co., Ltd (China) among others.

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1,3-Propanediol (PDO) Market Analysis, Key Company Profiles, Types, Applications and Forecast to 2028

1,3-Propanediol (PDO) Market research study published by Profshare Market Research mainly focuses on the Covid 19 pandemic impact on market & its future outlook. Research study has extensively worked on supply-demand analysis which is important parameter in industry. Supplier analysis delivers very clear picture supply- demand scenario in the market.

Analytical tools used while developing research studies includes SWOT analysis, market sizing, Porter's 5 Forces model, PESTAL analysis. Opportunities and threat analysis has gain significant importance in recent years primarily due to dynamic nature of industry. Environment safety measure is covered in PESTAL analysis that informs clients about environment safety policies practicing by various countries globally.

Research study has taken 2018 as base year while market data for 2014-17 is considered as historic data. Precise analytical use of historic data is significant to calculate forecast value of market. Competitive intelligence in the study delivers exact information about key players previous & current business model that immensely helps user to develop their own business strategy.

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Global 1,3-Propanediol (PDO) Market report is segmented based on below parameters:

Global 1,3-Propanediol (PDO) Market: Product Types

Technical Grade

Pharmaceutical Grade

Other

Global 1,3-Propanediol (PDO) Market: Applications

PTT

Synthetic Drugs

Engineering Plastics

Global 1,3-Propanediol (PDO) Market: Company Analysis

DuPont

Metabolic Explore

DOW

Tokyo Chemical Industry

Merck KGgA

Regional analysis

North America : USA, Mexico, Canada

Europe: UK, Germany, France, Spain, Italy, Netherlands & Rest of Europe

Asia Pacific : China, India, Japan, Singapore, South Korea & Oceania

Latin America : Brazil & Argentina

Middle East : UAE, Qatar, Israel.

Rest of the World.

Research study developed on 1,3-Propanediol (PDO) Market is very useful in order to gain complete insight of the market, some the key aspects included in the study are:

Market estimation

Forecast 2020-28

Growth drivers

Raw material & Supply analysis

End User & Application insight

Key player’s analysis

Import & Export scenario

Challenges & Opportunities

Current & emerging market trends.

Tenders & Pricing scenario.

Key Questions answered by the 1,3-Propanediol (PDO) Market Report:

What is the Base Year for 1,3-Propanediol (PDO) Market report?

What historical data is included in 1,3-Propanediol (PDO) Market Report?

Are Top companies in 1,3-Propanediol (PDO) Market are analysed in this report?

What are the regions analysed in 1,3-Propanediol (PDO) Market Report?

What are the main topics covered in the 1,3-Propanediol (PDO) Market Report ?

Is COVID 19 impact on the 1,3-Propanediol (PDO) Market included in the report ?

About Profshare:

Profshare Market Research is a full service market research company that delivers in depth market research globally. We operate within consumer and business to business markets offering both qualitative and quantitative research services. We work for private sector clients, along with public sector and voluntary organizations. Profshare Market Research publishes high quality, in-depth market research studies, to help clients obtain granular level clarity on current business trends and expected future developments. We are committed to our client’s needs, providing custom solutions best fit for strategy development and implementation to extract tangible results.

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Profshare Market Research

sales@profsharemarketresearch.com

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1,3 Propanediol Market Has Exploded: Opportunities & Challenges in Near Future with Key Players like Merck KGaA; Alfa Aesar, Thermo Fisher Scientific

1,3 Propanediol Market provides key statistics on the market status of the 1,3 Propanediol manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry. 1,3 Propanediol Industry research report delivers various aspects of industry including market growth projections, developments strategy, and prevailing dynamics. Regionally, this report categorizes the production, apparent consumption, export and import of 1,3 Propanediol in North America, Europe, China, Japan, Southeast Asia and India. Few of the major competitors currently working in the global 1,3-Propanediol (PDO) market are DuPont Tate & Lyle Bio Products; Zouping Mingxing Chemical Co. Ltd.; Merck KGaA; Alfa Aesar, Thermo Fisher Scientific; Connect Chemicals; MakingCosmetics Inc.; trc-canada.com; Tokyo Chemical Industry Co., Ltd.; Metabolic Explorer among others.

Global 1,3-Propanediol (PDO) market is expected to rise to an estimated value of USD 1058.68 million by 2026, registering a healthy CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the rapid rise of bio-based product offerings from the various applicable end-users.

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The research report covers the current market size and share of the 1,3 Propanediol Market and its growth rates based on histological and future data along with company profile of key players/manufacturers. The in-depth information by segments of 1,3 Propanediol Market helps to monitor future growth & to make important decisions for industry growth. The information on trends and developments focuses on markets and materials, capacities, technologies, and the changing structure of the 1,3 Propanediol Market.

Report Scope:

This report is a business analysis that examines market trends for 1,3 Propanediol. The report includes sections on the following topics

Current prevalence of 1,3 Propanediol, trend analysis and factors influencing future incidence.

Market analysis by treatment type, including annual incidence and trend analysis.

Risk factors and other drivers that may impact the future incidence of 1,3 Propanediol.

Review of the major market opportunities by identifying specific high-growth and emerging market opportunities.

Market share and information on key market players.

Analysis and forecast of the revenues for 1,3 Propanediol for the global market, major market sub segments subdivided by geographic region and further, by selected country.

Detailed review of the current products, their indications for all identified market segments.

Profile of the individual market sub segments within the major market segments analyzed and the distinguishing features of each of the market sub segments.

The key dynamic factors that are detailed in the report:

Market Outlook:

The report also sheds light on some of the including R&D, major factors, new product launches, agreements, partnerships, M&A, joint ventures, collaborations, and growth of the key industry participants, on a regional and global basis.

Key Market Dynamics:

The Global 1,3 Propanediol Market research report details the latest industry trends, growth patterns, and research methodologies. The factors that directly contribute to the growth of the market include the production strategies and methodologies, development platforms, and the product model itself, wherein a small change would result in further changes in the overall report. All of these factors are explained in detail in the research study.

Analytical Tools:

The Global 1,3 Propanediol Market report consists of the precisely studied and evaluated information of the key players and their market scope using several analytical tools, including SWOT analysis, Porter’s five forces analysis, investment return analysis, and feasibility study. These tools have been used to efficiently study the growth of major industry participants.

Major Features:

The report provides a thorough analysis of some of the significant factors, which include cost, capacity, capacity utilization rate, production, revenue, production rate, consumption, import/export, supply/demand, gross, market share, CAGR, and gross margin. Besides, the report provides a comprehensive study of the key influencing factors and market inclinations, in addition to the relevant market segments and sub-segments.

Potential Customers:

The report offers detailed insights to users, service providers, suppliers, manufacturers, stockholders, and individuals who are interested in evaluating and self-studying this market.

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Features of the Report

The report on 1,3 Propanediol Market is a well-researched work after analyzing various data from different reliable sources.

Key success factors

Market structure,

Competitive landscape and dynamics,

Market trend and forecast analysis,

Attractive market segments and associated growth opportunities,

Emerging trends,

Strategic growth opportunities for the existing and new players,

Market environment analysis,

Market segment trend and forecast,

Critical questions addressed by the report

* What will be the market size until the end of the forecast period?

* How will the global 1,3 Propanediol Market develop in the mid to long term?

* Which policies and regulations will highly impact the global market?

* How will the competitive landscape change in the near future?

* What are the current and future opportunities in the global market?

* Which segment is expected to take the lion’s share?

* Which region will lead the global 1,3 Propanediol Market in terms of growth?

Key Reasons to Purchase:

To gain insightful analyses of the market and have a comprehensive understanding of the global market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the 1,3 Propanediol market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the outlook and prospects for the market.

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According to study, “World 1,3-Propanediol (PDO) Market Research Report 2024(covering USA, EU, China, South East Asia, Japan and etc)” the key companies operating in the world 1,3-propanediol (PDO) market are DuPont Tate & Lyle Bio Products Company LLC, Royal Dutch Shell, Zhangjiagang Glory Biomaterial Co. Ltd., Metabolic-Explorer SA, Salicylates And Chemicals Pvt. Ltd., ShangdongMingxing, Shanghai Demao, Haihang Industry Company Ltd., Chongqing Kunlun Chemical Co., Ltd., Hunan Rivers Bioengineering Co., Ltd., Tokyo Chemical Industry Co., Ltd., Henan Tianguan, Chenneng, DOW.Key vendors are introducing products witha high storage capacity definitely for applications that need to store huge amounts of data for instancedrones, action cameras, and video surveillance systems. The trend of taking high-definition pictures & video and implementation of automation technologies across many sectors are driving the need for high-capacity 1,3-Propanediol.

1, 3-propanediol is a colorless liquid which issoluble in water. It is produced either by hydration of acrolein or by hydroformylation of ethylene oxide. It is also produced by renewable sources for instance biodiesel and corn. Glycerol is a major raw material for manufacturing of 1,3 PDO, which is produced as a by-product during biodiesel manufacturing. It imparts unique features such as superior starching toPolytrimethylene terephthalate (PTT) and elastic recovery. It is mainly used as a feedstock in the production of several chemicals & materials. It is also used in the formulation of variety of products such as laminates, adhesives, coatings and moldings.

Based on grade type, 1,3-propanediol (PDO) market is segmented into pharmaceutical grade, technical grade and others. Based on method type, market is segmented into traditional methods and bio-based methods. Traditional methods are expensive, cumbersome and have a higher environmental impact while bio-based methods have some advantages such as lower cost, product biodegradability, low environmental impact, less energy used and non-toxic process. In addition, based on application, market is segmented into PTT, personal care & cleaning products, cosmetics, Polyurethane (PU) and others (engine coolants, heat transfer fluid and de-icing fluid). PTT segment holds major share owing to its long-lasting, fade resistance, good stretch & recovery, quick-drying, and wrinkle resistance properties.

The 1,3-propanediol (PDO) market is driven by rise in use in resin application, followed by high demand for environment-friendly &bio-based products, rise in production of biodiesel,increase in PU penetration across various end-use industries, growth in environmental regulations,rise in polyester applications across diverse industries, surge in demand for cosmetics & personal care or household care products, growth in innovative technologies, rise in investment in the development of retail sector and growth in demand for PTT. However, availability of substitutes with comparatively lower cost and lack of awareness about the benefits of 1,3-propanediol in industrial application may impact the market. Moreover, new applications areas of PDO and high growth potential in emerging economies are key opportunities for market.

Based on geography, USA country holds major share in 1,3-propanediol (PDO) market owing to favorable regulatory scenario in the country. China country is expected to witness higher growth rate due to increase in construction spending, growth in automotive industry and low raw material prices & cheap labor over the forecast period. The market is anticipated to reach US $870 million by 2024, at a CAGR of 12.2% from US $490 million in 2019.

For more information on the research report, refer to below link:

Global 1,3-Propanediol (PDO) Market

Related reports

1,3-Propanediol (PDO) Market Research: Global Status & Forecast by Geography, Type & Application (2015-2025)

Global 1,3-Propanediol (PDO) Market Analysis 2013-2018 and Forecast 2019-2024

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1,3-Propanediol Market: Size, Segments, Growth, Trends, Demand, Key Player profile and Regional Outlook by 2023

The growing demand for 1, 3-propanediol from various applications is expected to drive the growth of the market during the review period. The major applications of 1, 3-propanediol are polytrimethylene terephthalate, polyurethane, cosmetics & personal care, household, engine coolants among others. The growing development of cosmetic & personal care industry across the globe is expected to boost the market during the forecast years. Moreover, the growing investment in research and development activities for the production of bio-based 1,3 propanediol is anticipated to be a major opportunity in the market.

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Market Segmentation

The global 13 propanediol market is segmented into application and region. On the basis of application, the global market of 1, 3-propanediol can be further segmented into polytrimethylene terephthalate, polyurethane, cosmetic & personal care, household, engine coolants, heat transfer fluid, de-icing fluid and others. On the basis of region, the global 1, 3-propanediol market is bifurcated into Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa.

Market Scenario

Among the various applications of the 1, 3-propanediol, the polytrimethylene terephthalate segment was anticipated to be the dominant segment in 2016 and is expected to show the same trend during the forecast years. The polyurethane segment is expected to witness the highest growth with a CAGR of over 4.5% during the assessed period.  The growing demand for polytrimethylene terephthalate across various applications such as cosmetic & personal care, engine coolants, and de-icing fluid among other is substantially contributing to the growth of the segment.

The global 1, 3-propanediolmarket is spanned across five key regions: Europe, Asia Pacific, North America Latin America, and the Middle East & Africa. Among these, Asia Pacific is the fastest  growing  market during the forecast period. The growing population has increased the demand for cosmetics & personal care and household products, in turn, adding to the demand for 1,3 propanediol market. North America followed by Europe is anticipated to be the largest markets during the given period. The developed automobile, cosmetic & personal care industry along with the growing shift towards biodiesel is positively contributing to the growth of the market.

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Competitive Analysis

DuPont Tate & Lyle Bio Products Company, LLC (U.S.), Metabolic Explorer SA (France) Zhangjiagang Glory Biomaterial Co. Ltd (China) and Zouping Mingxing Chemical Co., Ltd (China),  Royal Dutch Shell (Netherland), Shanghai Jinjinle Industry Co., Ltd (China), Zouping Mingxing Chemical Co.,Ltd (China), Salicylates And Chemicals Pvt. Ltd (India), and Chongqing Kunlun Chemical Co., Ltd (China) among others.

[data-bridge-market-research]

The Global 1,3-Propanediol (PDO) Market accounted for USD 380.7 million in 2016 and is projected to grow at a CAGR of 10.5% during the forecast period of 2017 to 2024.

 http://databridgemarketresearch.com/reports/global-13-propanediol-pdo-market/

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1,3-Propanediol (PDO) Market by Application (Polytrimethylene terephthalate (PTT), Cosmetics, Personal Care & Cleaning Products, Polyurethane (PU)) and Region (Americas, APAC, Europe, Middle East & Africa (EMEA)) - Global Forecast to 2025 published on

https://www.sandlerresearch.org/13-propanediol-pdo-market-by-application-polytrimethylene-terephthalate-ptt-cosmetics-personal-care-cleaning-products-polyurethane-pu-and-region-americas-apac-europe-middle-east-af.html

1,3-Propanediol (PDO) Market by Application (Polytrimethylene terephthalate (PTT), Cosmetics, Personal Care & Cleaning Products, Polyurethane (PU)) and Region (Americas, APAC, Europe, Middle East & Africa (EMEA)) - Global Forecast to 2025

“Growing demand for polytrimethylene terephthalate is expected to drive the 1,3-propanediol market.”

The global 1,3-propanediol market size is estimated to grow from USD 402 million in 2020 to USD 691 million by 2025, at a CAGR of 11.4%. The market growth is driven mainly by the increasing demand for polytrimethylene terephthalate (PTT) in the manufacturing of carpets and apparel due to its good physical properties and high mechanical performance. PTT is preferred over polymers such as nylon 6 and nylon 6,6 in these applications.1,3-propanediol is the major feedstock for manufacturing PTT.

“Cosmetics, personal care, and cleaning products application segment is estimated to witness the highest growth rate between 2020 and 2025.”

The cosmetics, personal care, and cleaning products application segment is estimated to witness the highest growth rate between 2020 and 2025. Increasing usage of 1,3-propanediol by major manufacturers of these products such as L’Oréal (France), Avon Products, Inc. (UK), Unilever (UK), Method Products (US)and Estée Lauder Inc. (US) is driving the market growth.

“1,3-propanediolmarket in EMEA to witness strong growth during the forecast period.”

The EMEA1,3-propanediolmarket is estimated to witness significant growth during the forecast period. The growing demand for bio-based products in the region and the increasing usage of 1,3-propanediol by manufacturers in the growing cosmetics, personal care & cleaning products industry is driving the 1,3-propanediol market in the region.

Additionally, the strong distribution network of DuPont Tate & Lyle Bio Products Company,LLC (US) in countries of Europe and Middle East & Africa such as Austria, Belgium, Bulgaria, Croatia, the Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Israel, Italy, Lithuania, the Netherlands, Norway, Poland, Portugal, Russia, Slovakia, Spain, Sweden, Switzerland, Ukraine, the UK, and Turkey is estimated to influence the demand for 1,3-propanediol in the region positively.

By Company Type: Tier 1 – 46%, Tier 2 -31%, and Tier 3 – 23%

By Designation: C-Level – 63%, Managers – 37%

By Region: Americas – 38%, APAC- 33%,Europe,Middle East & Africa – 29%

The key players profiled in the report include DuPont Tate & Lyle Bio Products Company, LLC (US), Zouping Mingxing Chemical Co., Ltd. (China), Zhangjiagang Glory Biomaterial Co., Ltd. (China), Haihang Industry Company Ltd. (China), Tokyo Chemical Industry Co., Ltd. (Japan), and Merck KGgA (Germany). Players planning to enter the1,3-propanediol include Metabolic Explorer (France) and Sheng Hong Group Holdings Ltd. (China).

Research Coverage

This report segments the market for 1,3-propanediol based on application and region and provides estimations for the overall market size across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, expansions, innovations, and partnerships associated with the 1,3-propanediol market.

Reasons to Buy this Report

This research report is focused on various levels of analysis—industry analysis (industry trends), market share analysis of top players, and company profiles, which together provide an overall view on the competitive landscape; emerging and high-growth segments of the 1,3-propanediol market; high-growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:

Market Penetration: Comprehensive information on 1,3-propanediol offered by top players in the global market

Product Development/Innovation: Detailed insights on upcoming technologies,R&D activities, and innovation in the 1,3-propanediol market

Market Development: Comprehensive information about lucrative emerging markets—the report analyzes the markets for 1,3-propanediol across regions

Market Diversification: Exhaustive information about new application areas and recent developments in the global 1,3-propanediolmarket

Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the1,3-propanediolmarket

Impact of COVID-19 on the 1,3-propanediol Market

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Global 1,3-Propanediol (PDO) Market Latest Study On Segmentation Analysis , Industry Trends & Forecast To 2026 | DuPont Tate & Lyle Bio Products; Zouping Mingxing Chemical Co. Ltd.; Merck KGaA

Global 1,3-Propanediol (PDO) Market report gives clear idea about the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, possible future trends, and market demand and supply scenarios. Outstanding practice models and excellent method of research has been utilized to generate this Global 1,3-Propanediol (PDO) Market report that aids businesses to uncover the greatest opportunities to prosper in the market. And for the same, all the major topics of the market research analysis that includes market definition, market segmentation, competitive analysis, major developments in the market, and top-notch research methodology have been covered in the report.

Businesses can attain unparalleled and comprehensive insights along with the best acquaintance of the emerging market opportunities with this Global 1,3-Propanediol (PDO) Market research report. By understanding client’s requirements precisely, this report brings together business and product information for the sustainable growth in the market. This report is structured with the meticulous efforts of innovative, enthusiastic, knowledgeable and experienced team of analysts, researchers, industry experts, and forecasters. Two of the major tools of market analysis employed are SWOT analysis and Porter's Five Forces Analysis. The large scale Global 1,3-Propanediol (PDO) Market report is generated with a nice combination of advanced industry insights, practical solutions, talent solutions and the use of latest technology which gives an excellent user experience.

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Market Definition: Global 1,3 Propanediol Market

1,3-Propanediol (PDO) is defined as an organic chemical compound that is utilized on a large-scale for a number of industrial production and research applications as it offers a number of benefits for its end-uses. This compound is produced organically from glycerol and its interactions with microorganisms in anaerobic conditions. It is chemically defined as CH₂(CH₂OH)₂, and is characteristically defined as being colorless liquid having complete mixing capability with water.

Market Analysis: Global 1,3 Propanediol Market

Global 1,3-Propanediol (PDO) market is expected to rise to an estimated value of USD 1058.68 million by 2026, registering a healthy CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the rapid rise of bio-based product offerings from the various applicable end-users.

Market Drivers:

High levels of uses and demands for PTT (Polytrimethylene Terephthalate); this factor is expected to drive the growth of the market

Increasing levels of production for biodiesel will boost this market growth

Growth of the application areas for polyester from the different industrial applications will also fuel the growth of this market

Growing application areas of the product in resin production and associated applications; this factor is expected to propel this market growth

Market Restraints:

Concerns regarding the presence of substitute products that are available at a lower cost; this factor is expected to hinder the growth of the market

Lack of awareness amongst users regarding the availability of bio-friendly product solutions; this factor is expected to act as a restricting factor for this market growth

Read Complete Details with TOC @ https://www.databridgemarketresearch.com/toc/?dbmr=global-13-propanediol-pdo-market

Key Developments in the Market:

In October 2018, DuPont Tate & Lyle Bio Products announced the inauguration of their new warehouse and distribution center situated near their manufacturing facility in Tennessee, United States. This center will help in provision of better service capability to their customers and meet the global demands for bio-based product offerings

In March 2018, DuPont Tate & Lyle Bio Products announced that they had initiated the expansion of their manufacturing facility located in Tennessee, United States to extend their production of 1,3-Propanediol (PDO) by 35 million pounds annually. The facility will be completed by mid-2019 and this expansion is evident of the strategy of the company to enhance their operations while meeting the global demands of bio-based products from customers

Competitive Analysis: Global 1,3 Propanediol Market

Global 1,3-Propanediol (PDO) market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of 1,3-Propanediol (PDO) market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Competitors: Global 1,3 Propanediol Market

Few of the major competitors currently working in the global 1,3-Propanediol (PDO) market are DuPont Tate & Lyle Bio Products; Zouping Mingxing Chemical Co. Ltd.; Merck KGaA; Alfa Aesar, Thermo Fisher Scientific; Connect Chemicals; MakingCosmetics Inc.; trc-canada.com; Tokyo Chemical Industry Co., Ltd.; Metabolic Explorer among others.

Segmentation: Global 1,3 Propanediol Market

By Type

Bio- Based PDO

Petrochemical-Based PDO

By Application

Polyurethane

Personal Care Products

Polytrimethylene Terephthalate (PTT)

Foams

Elastomers

Coatings and Paint

Carpeting

Apparel

By End Users

Synthetic Drugs

Engineering Plastics

Textile Dyeing and Finishing

Others

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The growing demand for 1, 3-propanediol from various applications is expected to drive the growth of the market during the review period. The major applications of 1, 3-propanediol are polytrimethylene terephthalate, polyurethane, cosmetics & personal care, household, engine coolants among others.