Global 1,3-Propanediol Market is expected to reach $1,442.77 million by 2027 growing at a CAGR of 14.2% during 2018 to 2027.

Some of the key players profiled in the 1,3-Propanediol market include DuPont, Shangdong Mingxing, Shanghai Demao, Metabolic-Explorer, Henan Tianguan, Chenneng, DOW, Glory Biomaterial, Zouping Mingxing Chemical Co Ltd, Zhangjiagang Glory Biomaterial Co Ltd, and Haihang Industry Co Ltd.

Rising demand for Polytrimethylene Terephthalate PTT, increasing use in resin application, and growing demand for environment-friendly bio-based products are the factors driving the market growth. However, the availability of substitutes with comparatively lower cost may hinder market growth.

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1,3-Propanediol (1,3-PDO) is a bifunctional organic compound could potentially be used for many synthesis reactions, in particular as a monomer for polycondensations to produce polyesters, polyethers and polyurethanes. 1,3-PDO also has a number of other interesting applications such as solvents, adhesives, laminates, resins, detergents and cosmetic. 1,3 PDO can be synthesized from both bio-based and petrochemical-based sources.

By Application, Polytrimethylene Terephthalate (PTT) segment is constantly enhancing during the forecast period owing to the increasing demand for PTT in various applications owing 12its durability, and ability to get dried quickly.

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Based on geography, North America is likely to have a huge demand is attributed to the positive regulatory circumstances to promote bio-based chemicals.

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Types Covered:
• Pharmaceutical Grade
• Technical Grade
• Other Types

Applications Covered:
• Polytrimethylene Terephthalate (PTT)
• Polyurethane
• Heat Transfer Fluid
• Engine Coolants
• Personal Care Products
• Household
• Textile Dyeing and Finishing
• Engineering Plastics
• Synthetic Drugs
• De-icing Fluid
• Cosmetics, Personal Care, and Cleaning Products
• Other Applications

Product Types Covered:
• Petrochemical based PDO
• Bio-based PDO

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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Release ID: 88925398