The global 1,3-propanediol market size is projected to reach USD 691 million by 2025, at a CAGR of 11.4% from USD 402 million in 2020.
Growing demand for bio-based products to lower greenhouse gas emissions and energy consumption and increasing use in resin applications is expected to drive the 1,3-propanediol market. Also, the growing demand for PTT in apparel and carpets is estimated to boost the growth of the 1,3-propanediol industry.
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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.
Another player in the market is Zhangjiagang Glory Biomaterial Co., Ltd. (China), which focuses on increasing the production capacity of 1,3-propanediol. The company started the 1,3-propanediol program in 2011. The company plans to combine the 1,3-propanediol plant and PTT plant organically so that it can increase its profit.
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“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).
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.
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The report titled “1, 3-Propanediol Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”, published by Transparency Market Research, highlights the basic definition of this market supported with a detailed analysis of the 1, 3-propanediol market considering 2012 as the base year.
The report studies and forecasts the 1, 3-PDO market till 2019.Browse the full 1, 3-Propanediol Market For Polytrimethylene Terephthalate (PTT), Polyurethane, Personal Care & Detergents, Electrical & Electronics and Other Application: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 report at https://www.transparencymarketresearch.com/propanediol-market.htmlIn recent years, polytrimethylene terephthalate (PTT) has been the largest consumer segment of the PDO market.
PDO market in terms of volume in PTT application is expected to grow at the estimated CAGR of 16.3% from 2013 to 2019.The study report also covers the basics of using PDO to manufacture polyurethane.
In 2012, the personal care and detergents category held 8.2% of the overall PDO consumption.PTT is increasingly becoming popular in terms of adoption and implementation because of its unique properties of elastic recovery, resilience, inherent stain resistance, and ease in dyeing.
Globally, it is the most well-suited polymer used for manufacturing textile fibers and carpets.
The report states that majority of PDO that is produced is utilized in the manufacture of PTT.
The Global 1,3-Propanediol Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on application.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Leading Segment in this market:By Application – Polytrimethylene terephthalateBy Geography – North AmericaFinal Report will cover the impact of COVID-19 on this industry.Browse the complete Global 1,3-Propanediol Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/10295-1-3-propanediol-market-reportThe report also covers the complete competitive landscape of the global 1,3-Propanediol market with company profiles of key players such as:DuPont Tate & Lyle Bio ProductsMetabolic ExplorerZhangjiagang Glory Biomaterial Co. Ltd.Zouping Mingxing Chemical Co., Ltd.A detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT:By Applications:Polytrimethylene terephthalatePolyurethanePersonal care & DetergentsOthers (Engine Coolants, Deicing Fluid & Heat Transfer Fluids)By Geography:North America (NA)Europe (EU)Asia Pacific (APAC)Rest of the World (RoW)Download Free Sample Report of Global 1,3-Propanediol Market @ https://www.decisiondatabases.com/contact/download-sample-10295The Global 1,3-Propanediol Market has been exhibited in detail in the following chapters –Chapter 1 1,3-Propanediol Market PrefaceChapter 2 Executive SummaryChapter 3 1,3-Propanediol Industry AnalysisChapter 4 1,3-Propanediol Market Value Chain AnalysisChapter 5 1,3-Propanediol Market Analysis By ApplicationsChapter 6 1,3-Propanediol Market Analysis By GeographyChapter 7 Competitive Landscape Of 1,3-Propanediol CompaniesChapter 8 Company Profiles Of 1,3-Propanediol IndustryPurchase the complete Global 1,3-Propanediol Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-10295Other Reports by DecisionDatabases.com:Global 1,4-Butanediol Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global 1,3-Butanediol Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Polycarbonate Diols Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
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.
