1,3-Propanediol (Pdo) Market

1,3-Propanediol (Pdo) Market Overview

1,3-Propanediol (Pdo) is an organic compound, which is chemically defined as CH₂(CH₂OH)₂, and is colorless, water-miscible, and viscous with the high boiling point of 210℃. It is used as a solvent, antifreeze, and synthesis of certain polymers. It acts as a metabolite and protic solvent and is widely used in multiple industries as it offers enhanced benefits to consumers. 1,3-Propanediol is also used for the manufacturing of polytrimethylene terephthalate (PTT), personal care, cosmetics, and cleaning products.

To have an edge over the competition by knowing the market dynamics and current trends of “1,3-Propanediol (Pdo) Market”, request for Sample Report here

Major 1,3-Propanediol (Pdo) Market Drivers

The key factors contributing toward the growth of the global 1,3- Propanediol (Pdo) market include the increasing demand for PTT, growing usage in resin application, and the strong demand for environment friendly products. The continuous increase in demand for eco-friendly products has transformed the policies of businesses. Currently, every business is focusing on delivering environment friendly products to customers in order to meet their needs. Especially, the high demand could be observed in cosmetics industries wherein customers prefer organic and environment friendly products for skin and hairs, which does not harm their skin or could not cause any skin disease in the long run. Due to such increasing demand 1,3-Propanediol (Pdo) is widely accepted for preparation of personal care and cosmetic products as it is manufactured by the fermentation process by using corn sugar. It has water drawing properties which acts as an excellent moisturizer for skin and hair. It helps skin to quickly absorb other ingredients of products and help in diluting other active cosmetic ingredients. Thus, the increasing demand for environment friendly products is boosting the growth of 1,3- Propanediol (Pdo) globally.

Do you want to know more about the Research process and detailed Methodology, Request Research Methodology of this report

On the basis of application, the market is segmented into polytrimethylene terephthalate (PTT), cosmetics, personal care, and cleaning products, polyurethane, and others. Among these, the polytrimethylene terephthalate (PTT) is expected to witness a higher CAGR during the forecast period. Due to the advancement in PDO production technology, it is used in polytrimethylene terephthalate (PTT) polymer as it provides unique properties to PTT polymer. This has increased the usage of PTT in carpet, films, monofilaments, and non-woven fabrics, which further accelerates the growth of the segment. On the other hand, the personal care segment would witness a higher CAGR during the forecast period owing to the increasing demand for environment friendly or bio-based products.

In case, any of your pain points areas are not covered in the current scope of this report, Request for Free Customization here

Regional – Segment Analysis

Based on the region, the North America region would lead the market during the forecast period attributed to the high growth of the textile and carpet industry in the region. Additionally, the Asia-Pacific is expected to observe a higher CAGR during the forecast period. This is due to the increasing focus of the government to reduce dependency on fossil fuels.

Top Market Players

The major players operating in the market include Dupont Tate & Lyle Bio Products Company, LLC, Zhangjiagang Glory Biomaterial Co., Ltd., Zouping Mingxing Chemical Co., Ltd., Haihang Industry Co., Ltd., Hunan Rivers Bioengineering Co., Ltd., Merck KGgA, Tokyo Chemical Industry Co., Ltd., Metabolic Explorer S.A., Sheng Hong Group Holdings Ltd., and Zhangjiagang Huamei Biomaterial Co., Ltd.

Key Developments:

• • In 2018, Dupont Tate & Lyle Bio Products Company, LLC, a joint venture between DuPont and Tate & Lyle. The company expanded its manufacturing facility in Tennessee, Loudon, in order to expand the annual production of 1,3-propanediol.

Segments covered in the Report:

The global 1,3- Propanediol (Pdo) market has been segmented on the basis of application and region. Based on the application, the market is segmented into Polytrimethylene Terephthalate (PTT), Cosmetics, Personal Care, and Cleaning Products, Polyurethane, and Others.

For detailed scope of the “1,3- Propanediol (Pdo) Market” report request a Sample Copy of the report

Key questions answered in this research report:

• • At what pace is global 1,3- Propanediol (Pdo) market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in global 1,3- Propanediol (Pdo) market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global 1,3- Propanediol (Pdo) market?
  • Which application generated maximum revenues in 2019 and identify the most promising application during the forecast period?
  • What are the various applications of global 1,3- Propanediol (Pdo) market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Global 1,3-Propanediol (Pdo) Market by Application

• • Polytrimethylene Terephthalate (PTT)
  • Cosmetics, Personal Care and Cleaning Products
  • Polyurethane
  • Others

Global 1,3-Propanediol (Pdo) Market by Region

• • North America 1,3-Propanediol (Pdo) Market (Option 1: As a part of the free 25% customization)

    • North America 1,3-Propanediol (Pdo) Market by Application
    • US 1,3-Propanediol (Pdo) Market All-Up
    • Canada 1,3-Propanediol (Pdo) Market All-Up

  • Europe 1,3-Propanediol (Pdo) Market (Option 2: As a part of the free 25% customization)

    • Europe 1,3-Propanediol (Pdo) Market by Application
    • UK 1,3-Propanediol (Pdo) Market All-Up
    • Germany 1,3-Propanediol (Pdo) Market All-Up
    • France 1,3-Propanediol (Pdo) Market All-Up
    • Spain 1,3-Propanediol (Pdo) Market All-Up
    • Rest of Europe 1,3-Propanediol (Pdo) Market All-Up

  • Asia-Pacific 1,3-Propanediol (Pdo) Market (Option 3: As a part of the free 25% customization)

    • Asia-Pacific 1,3-Propanediol (Pdo) Market by Application
    • India 1,3-Propanediol (Pdo) Market All-Up
    • China 1,3-Propanediol (Pdo) Market All-Up
    • Japan 1,3-Propanediol (Pdo) Market All-Up
    • Rest of APAC 1,3-Propanediol (Pdo) Market All-Up

  • RoW 1,3-Propanediol (Pdo) Market (Option 4: As a part of the free 25% customization)

    • RoW 1,3-Propanediol (Pdo) Market by Application
    • Brazil 1,3-Propanediol (Pdo) Market All-Up
    • South Africa 1,3-Propanediol (Pdo) Market All-Up
    • Saudi Arabia 1,3-Propanediol (Pdo) Market All-Up
    • UAE 1,3-Propanediol (Pdo) Market All-Up
    • Rest of world (remaining countries of the LAMEA region) 1,3-PROPANEDIOL (PDO) Market All-Up

Global 1,3-Propanediol (Pdo) Leading Market Players (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Dupont Tate & Lyle Bio Products Company, LLC
  • Zhangjiagang Glory Biomaterial Co., Ltd.
  • Zouping Mingxing Chemical Co., Ltd.
  • Haihang Industry Co., Ltd.
  • Hunan Rivers Bioengineering Co., Ltd.
  • Merck KGgA
  • Tokyo Chemical Industry Co., Ltd.
  • Metabolic Explorer S.A.
  • Sheng Hong Group Holdings Ltd.
  • Zhangjiagang Huamei Biomaterial Co., Ltd