Global 1,3-Propanediol (PDO) Market, By Applications (PTT, Polyurethane, Cosmetic, Personal Care & Home Cleaning, Others) By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
Market Analysis: Global 1,3-Propanediol (PDO) Market
The Global 1,3-Propanediol (PDO) Market accounted for USD 380.7 million in 2016 and is projected to grow at a CAGR of 10.5% during the forecast till 2024.
Market Definition: Global 1,3-Propanediol (PDO) Market
1,3-Propanediol is an organic compound with the formula CH₂(CH₂OH)₂ , manufactured through fermentation of bio based feedstock such as corn sugar, crude glycerol etc. It is a colorless viscous liquid that is miscible with water. There is a growing demand for 1,3-propanediol (PDO) in PTT, polyurethane, cosmetic and personal care & home cleaning activity, which is expected to be one of the major drivers of the market over the next seven years.
Major Market Competitors: Global 1,3-Propanediol (PDO) Market
Some of the major players in 1,3-propanediol (PDO) market are
- DuPont Tate & Lyle Bio Products
- Metabolic Explorer
- SK Chemicals
- Zhangjiagang Huamei Biomaterials Co. Ltd.
- Zouping Mingyuan Import and Export Trade Co.,Ltd.and many more.
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Major Market Drivers:
- High demand for bio-based alternatives
- Growing biodiesel production
- Application of 1,3-PDO in others sector
- Patent protection of existing technologies
Table of Contents:
- Market Segmentation
- Market Overview
- Executive Summary
- Premium Insights
- Global, By Component
- Product Type
- Industry Type
10.2. North America
10.5. South America
10.6. Middle East & Africa
- Company Landscape
- Company Profiles
- Related Reports
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Market Segmentation: Global 1,3-Propanediol (PDO) Market
- On the basis of application, the market is segmented into PTT, polyurethane, cosmetic, personal care & home cleaning and others.
- On the basis of geography, the 1,3-propanediol (PDO) market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Competitive Landscape: Global 1,3-Propanediol (PDO) Market
The global 1 3-propanediol (PDO) market is consolidated due to the presence of a limited number of players across globe. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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- The latest developments, market shares, and strategies that are employed by the major market players
Key insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
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