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shraddha0330 · 4 years ago

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Global 1,3-Propanediol (PDO) Market To Reach A New Threshold of Growth By 2025

Market Overview

The Global 1,3-Propanediol (PDO) Market is foreseen to experience a fall from USD XX billion in 2020 to USD XX billion in 2021 at a CAGR of XX%. The descent is primarily the result of economic decline across countries unsettled due to ongoing Coronavirus outbreak, including controlling it. Thereafter, the 1,3-Propanediol (PDO) market is likely to restore and expand at a CAGR of XX% from 2021, stretching up to USD XXX billion in 2025.

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The research document comprises market traits, opportunities, industry size, fragmentation, territorial breakdowns, market shares, ongoing trends, competitive landscape, and strategies for the 1,3-Propanediol (PDO) market. The report also tracks essential information about the market and predict market expansion by the geographic landscape. It also positions the market under the extensive 1,3-Propanediol (PDO) market framework and collates it with other alternative markets.

This report also offers the planners, policymakers, senior leadership, and traders crucial details to estimate the global 1,3-Propanediol (PDO) market as it arises from the COVID-19 closure.

Market Scope

The 1,3-Propanediol (PDO) Industry sets out tendencies that affect various subsidiary industries. Therefore, the Global market has ruled for being one of the leading revenue generators over the past several decades. This industry has challenged every economic disruption and withstands the test of time. Though this could benefit to motivate new market players in the Global industry, the preference for product development and novel procedures could assist new participants in obtaining a stronghold.

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1,3-Propanediol (PDO) Market Research Report is Segmented as Follows:

Product Types can be segregated as:

Technical Grade

Pharmaceutical Grade

Other

Applications can be segregated as:

PTT

Pharmaceutical

Cosmetics

Others

Regions covered in this report are:

North America

United States

Canada

Europe

Germany

France

U.K.

Italy

Russia

Nordic

Rest of Europe

Asia-Pacific

China

Japan

South Korea

Southeast Asia

India

Australia

Rest of Asia-Pacific

Latin America

Mexico

Brazil

Middle East & Africa

Turkey

Saudi Arabia

UAE

Rest of Middle East & Africa

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Global 1,3-Propanediol (PDO) Market Report provide in-depth information about the Leading Competitors involved in this report:

DuPont

Metabolic-Explorer

Glory Biomaterial

Shangdong Mingxing

Chenneng

Henan Tianguan

Shanghai Demao

DOW

Innovations in the technology field have contributed to the growth of the Global industry. The arrival of energy- and cost-efficient appliances have rejuvenated procedures in the 1,3-Propanediol (PDO) industry.

Economic expansion in developing countries as well have arisen as an advantage for the Global industry. Although strict rules that supervise global production and processing affect the growth rate of the Global industry.

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#13-Propanediol (PDO) Market size

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ratiram · 5 years ago

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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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#세계 1 3- 프로판 디올 (pdo) 시장 조사 보고서

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globalmarketforecast-blog · 7 years ago

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1,3-Propanediol Industry Trends, Growth, Share by 2021

Global 1,3-Propanediol (PDO) Market Research Report is classified on the basis of applications and geography. 1,3-Propanediol is a colorless to pale yellow, very viscous liquid. It is non-flammable and non-explosive, and is considered stable at normal temperatures and storage conditions. It is mostly used in the production of polytrimethylene terephthalate polymer, which is used in fibers and fabrics, for instance, textiles, engineering thermoplastics, and monofilaments.

PDO also finds applications in cosmetics and personal care products, engine coolants, and solvents for ink-jet and screen inks. The factors that propel the growth of the Global 1,3-Propanediol (PDO) Industry 2016 Market Research Report include increasing polytrimethylene terephthalate (PTT) and polyurethane consumption across several end-use industries.

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In addition, growth of personal care industry especially in developing markets of Asia Pacific and Latin America is also projected to fuel the market growth. Global 1,3-Propanediol (PDO) Industry Research Report is classified on the basis of applications as Polytrimethylene Terephthalate (PTT), Polyurethane (PU), personal care & detergents and others.

Global 1,3-Propanediol (PDO) Industry 2016 Market Research Report is classified on the basis of as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and Middle East and Africa. The North American region consists of the U.S., and Canada. Latin America region consists of Mexico and Brazil. The Western European region consists of Germany, Italy, France, England and Spain. The Eastern European region consists of Poland and Russia. Asia Pacific region consists of China, India, ASEAN, Australia & New Zealand. The Middle East and Africa region consists of GCC, South Africa and North Africa.

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In case of geographical region, North America is projected to account a major share of the Global 1,3-Propanediol (PDO) Market. On the other hand, Asia Pacific region is expected to show the fastest growth rate in this market. Some of the key players that fuel the growth of the Global 1,3-Propanediol (PDO) Industry 2016 Market Research Report include DuPont, Metabolic-Explorer, DOW, Glory Biomaterial, Shangdong Mingxing, Chenneng, Henan Tianguan, Shanghai Demao, and others.

#13-Propanediol Market #13-Propanediol Industry #13-Propanediol Sales #13-Propanediol Share #13-Propanediol Revenue

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