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1, 3-Propanediol (PDO) Market Current Research Report, Growth Drivers, Opportunity Analysis, Top Vendor, Competitive Landscape, Global Forecast To 2023

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1, 3-Propanediol (PDO) Market Current Research Report, Growth Drivers, Opportunity Analysis, Top Vendor, Competitive Landscape, Global Forecast To 2023

August 29
00:12 2019
1, 3-Propanediol (PDO) Market Current Research Report, Growth Drivers, Opportunity Analysis, Top Vendor, Competitive Landscape, Global Forecast To 2023

1, 3-Propanediol Market
1, 3-Propanediol Market Is Estimated to Reach Average CAGR Forecast Period 2019-2023, 1, 3-Propanediol Market Categorizes The Global Market By Industry, Service, Application And Region

Market Overview:

The 1, 3-propanediol widely used in the cosmetic & personal care, homecare, polyurethane, and polytrimethylene terephthalate among others. Polytrimethylene terephthalate application segment is dominating the market, and the polyurethane is anticipated to witness a significant growth during the forecast period. The growing demand for cosmetics & personal along with the growing government encouragement for the shift towards biodiesel is substantially contributing to the growth of the market. 

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The global 1, 3-propanediol market is spanned across Europe, Asia Pacific, North America, Latin America, and the Middle East & Africa. North America holds the largest share of the global market and is projected to grow at a rapid pace. The growing investment in the production of biodiesel is a major factor attributing to this growth.  Moreover, the developed cosmetic and personal care industry is also anticipated to fuel market growth. Furthermore, the presence of the largest manufacturer of 1, 3-propanediol in the region, DuPont Tate & Lyle Bio Products Company, LLC, will further augment market growth.

Key Players:

DuPont Tate & Lyle Bio Products Company, LLC (U.S.), Metabolic Explorer SA (France) Zhangjiagang Glory Biomaterial Co. Ltd (China) and Zouping Mingxing Chemical Co., Ltd (China),  Royal Dutch Shell (Netherland), Shanghai Jinjinle Industry Co., Ltd (China), Zouping Mingxing Chemical Co.,Ltd (China), Salicylates And Chemicals Pvt. Ltd (India), and Chongqing Kunlun Chemical Co., Ltd (China)

Market Segmentation:

The global 1,3-propanediol market is segmented into application and region. On the basis of the application, the global market of 1, 3-propanediol is further segmented into polytrimethylene terephthalate, polyurethane, cosmetic & personal care, household, engine coolants, heat transfer fluid, de-icing fluid, and others. Based on the region, the global 1, 3-propanediol market is segmented into Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa.

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Market Scenario:

Among the various applications of the 1, 3-propanediol, the polytrimethylene terephthalate segment was anticipated to be the dominant segment in 2016 and is expected to show the same trend during the forecast years. The polyurethane segment is expected to witness the highest growth with a CAGR of over 4.5% during the assessed period.  The growing demand for polytrimethylene terephthalate across various applications such as cosmetic & personal care, engine coolants, and de-icing fluid among other is substantially contributing to the growth of the segment.

The global 1, 3-propanediolmarket is spanned across five key regions: Europe, Asia Pacific, North America Latin America, and the Middle East & Africa. Among these, Asia Pacific is the fastest  growing  market  during the forecast period. The growing population has increased the demand for cosmetics & personal care and household products, in turn, adding to the demand for 1,3 propanediol market. North America followed by Europe is anticipated to be the largest markets during the given period. The developed automobile, cosmetic & personal care industry along with the growing shift towards biodiesel is positively contributing to the growth of the market.

Table Of Contents:

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat Of New Entrants

4.1.2 Bargaining Power Of Buyers

5 Industry Overview Of Global 1, 3-Propanediol Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact Analysis

To Be Continue….

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