The 1, 3-propanediol Market size is projected to reach USD 690.6 million by 2025 from USD 401.7 million in 2020, at a CAGR of 11.4%. 1, 3-propanediol (PDO) is a key feedstock in the manufacture of polytrimethylene terephthalate (PTT). It can be used as a substitute to petrochemical-based products such as propylene glycol, butylene glycol, and glycerin in the formulation of cosmetics, personal care, laundry, and cleaning products. The demand for environmentally-friendly products has increased the utilization of bio-based PDO.
Browse 148 market data Tables and 32 Figures spread through 140 Pages and in-depth TOC on “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”
DuPont Tate & Lyle Bio Products Company, LLC, is the largest manufacturer of 1,3-propanediol. The company focusses on expansions, innovations, and partnerships to strengthen its position in the market. For instance, in October 2018, the company opened a warehouse and distribution center at its manufacturing site in Loudon, Tennessee, US. It focuses on increasing its production capacity to meet the growing demand for 1,3-propanediol in different applications. The company announced to increase its production capacity by 35 million pounds in March 2018. In the recent past, the company entered into a partnership with L.V. Lomas Ltd. (Canada) (which is renamed as IMCD Canada Ltd.) to distribute Zemea propanediol in Canada. The company has a strong distribution network, and its product is available in many countries such as the US, Mexico, Italy, Greece, Poland, Turkey, Sweden, Denmark, Russia, Estonia, Norway, India, and Brazil. In October 2017, DuPont (US), INVISTA (US), and DuPont Tate & Lyle Bio Products Company, LLC entered into a partnership to develop a series of innovative and enhanced sustainable textile solutions for workwear and outdoor wear.
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Polytrimethylene terephthalate (PTT) application is the largest consumer of 1,3-propanediol.
Polytrimethylene terephthalate (PTT) is estimated to be the largest application of 1,3-propanediol during the forecast period. The demand for PTT is growing in apparel and textiles. The growth of the global textiles and apparel industries is expected to play an important role in augmenting the demand for PTT, which in turn, is expected to bolster the sales of 1,3-propanediol as it is the primary feedstock for PTT. The manufacture of bio-based PTT uses less energy and releases less greenhouse gas compared to nylon 6 and nylon 6,6.
Americas is estimated to be the largest market for 1,3-propanediol during the forecast period.
The Americas is the largest 1,3-propanediol market and is expected to continue its dominance during the forecast period. The market is primarily driven by increasing production and consumption of 1,3-propanediol in PTT, cosmetics, personal care & cleaning products, and polyurethane applications. Also, the presence of DuPont Tate & Lyle Bio Products Company, LLC, the largest manufacturer of bio-based 1,3-propanediol in the region, is driving the market.
The key market players profiled in the report include DuPont Tate & Lyle Bio Products Company, LLC (US), Zhangjiagang Glory Biomaterial Co., Ltd. (China), Zouping Mingxing Chemical Co., Ltd. (China), Haihang Industry Company Ltd. (China), Merck KGgA (Germany), Tokyo Chemical Industry Co., Ltd. (Japan), METabolic EXplorer (France), and Sheng Hong Group Holdings Ltd. (China).
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1,3 Propanediol (PDO) market is segmented by region (country), players, by Type, and by Application.
Players, stakeholders, and other participants in the global 1,3 Propanediol (PDO) market will be able to gain the upper hand as they use the report as a powerful resource.
The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2015-2026.Segment by Type, the 1,3 Propanediol (PDO) market is segmented into:Chemical GradePharmaceutical GradeDownload FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/59290/global-united-states-propanediol-2026-435Segment by Application, the 1,3 Propanediol (PDO) market is segmented into:Pharmaceutical IntermediatesAntioxidantSolventRegional and Country-level Analysis:The 1,3 Propanediol (PDO) market is analysed and market size information is provided by regions (countries).The key regions covered in the 1,3 Propanediol (PDO) market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.The report includes country-wise and region-wise market size for the period 2015-2026.
It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.Competitive Landscape and 1,3 Propanediol (PDO) Market Share Analysis:1,3 Propanediol (PDO) market competitive landscape provides details and data information by players.
The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020.
The global "1,3 Propanediol (PDO) Market" report is an information bank that delivers comprehensive information about the market ranging from the establishment to the predictable growth trend.
The key points, on which the report would focus, include the production strategies incorporated by the leading market contenders, global sales growth, factors influencing and restricting the market growth, and thorough analysis by market segmentation.
The global 1,3 Propanediol (PDO) market provides a giant platform for several firms, organizations, and manufacturers established across the world DuPont, Metabolic-Explorer, DOW, Glory Biomaterial, Shangdong Mingxing, Chenneng, Henan Tianguan, Shanghai Demao that are competing with each other in terms of offering best possible products and services to their customers and hold significant share over the market.
The report provides summarized analytical data of the market contenders globally using advanced methodological approaches, such as SWOT analysis.Click Here To Access The Sample Report:: https://www.syndicatemarketresearch.com/sample/1,3-propanediol-pdo-marketThe report presents a demand for individual segment in each region.
It demonstrates various segments Chemical Grade, Pharmaceutical Grade and sub-segments Pharmaceutical Intermediates, Antioxidant, Solvent of the global 1,3 Propanediol (PDO) market.
The 1,3 Propanediol (PDO) market report offers a comprehensive forecast based on ongoing business techniques and trends.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches.
Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).Download FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/98564/global-regional-propanediol-816 The global 1,3-Propanediol (PDO) market was valued at 391.25 Million USD in 2020 and will grow with a CAGR of 6.57% from 2020 to 2027.
Increasing PU penetration across automotive and construction industries is expected to drive the global market.By Market Verdors:Company ACompany BBy Types:Bio-based PDOPetrochemical based PDOBy Applications:Polytrimethylene Terephthalate (PTT)Key Indicators AnalysedMarket Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027.
With detailed analysis by types and applications.Market Trends: Market key trends which include Increased Competition and Continuous Innovations.Opportunities and Drivers: Identifying the Growing Demands and New TechnologyPorters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.Key Reasons to PurchaseTo gain insightful analyses of the market and have 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 market and its impact in the global market.Learn about the market strategies that are being adopted by leading respective organizations.To understand the future outlook and prospects for the market.Besides the standard structure reports, we also provide custom research according to specific requirements.Reasons to Purchase Our Research Report:1.
Analyzing the outlook of the market with the recent trends and SWOT analysis2.
Market dynamics scenario, along with growth opportunities of the market in the years to come3.
