1,3 propanediol market is expected to witness market growth at a rate of 9.85% in the forecast period of 2021 to 2028 and is expected to reach USD 401.65 million by 2028. Data Bridge Market Research report on 1,3 propanediol market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in demand for the product for various applications is escalating the growth of 1,3 propanediol market.1,3-propanediol (PDO) refers to an organic chemical compound that is colorless liquid which is used on a large-scale for various industrial production and research applications because it provides a number of benefits for its end-uses. The compound is produced in anaerobic conditions organically from glycerol and its interactions with microorganisms. It has represented as CH₂(CH₂OH)₂ and possess complete mixing capability with water.
The rise in the demand for polyesters such as polytrimethylene terephthalate (PTT) acts as one of the major factors driving the growth of 1,3 propanediol market. The increase in the usage of polyurethane across various end-use industries and shift towards declining reliance on petroleum products on account of rise in the environmental concerns and volatility associated with their pricing accelerate the 1,3 propanediol market growth. The rise in the relevance of glycerol as major raw material for manufacturing 1,3 PDO and increase in polyester applications across diverse industries further influence the 1,3 propanediol market. Additionally, the rise in resin applications, increase in demand for PTT and new application areas of 1,3-PDO positively affect the 1,3 propanediol market. Furthermore, genetically engineered microorganisms for glycerol fermentation and emerging economies extend profitable opportunities to the 1,3 propanediol market players in the forecast period of 2021 to 2028. On the other hand, availability of substitutes at comparatively lower costs is expected to obstruct the 1,3 propanediol market growth. Lack of awareness about the benefits of 1,3-propanediol in industrial applications is projected to challenge the 1,3 propanediol market in the forecast period of 2021-2028.
Global 1,3 Propanediol Market, By Source (Bio-Based, Petrochemical-Based), Application (Polyurethane, Polytrimethylene Terephthalate (PTT), Personal Care & Detergents, Pharmaceutical, Food & Beverages, Heat Transfer Fluid, Inks and Coatings), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028. This 1,3 propanediol market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on 1,3 propanediol market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
1,3 Propanediol Market Scope and Market Size:
The 1,3 propanediol market is segmented on the basis of source and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
On the basis of source, the 1,3 propanediol market is segmented into bio-based and petrochemical-based.
On the basis of application, the 1,3 propanediol market is segmented into polyurethane, polytrimethylene terephthalate (PTT), personal care & detergents, pharmaceutical, food & beverages, heat transfer fluid and inks and coatings.
The major players covered in the 1,3 propanediol market report are DuPont, Tate & Lyle Bio Products, Zouping Mingxing Chemical Co. Ltd., Merck KGaA, Alfa Aesar, Thermo Fisher Scientific Inc., Connect Chemicals, MakingCosmetics Inc., trc-canada, Tokyo Chemical Industry Co., Ltd., Metabolic Explorer among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Key Pointers Covered in the 1,3 Propanediol Market:
Market New Sales Volumes
Market Replacement Sales Volumes
Market Installed Base
Market By Brands
Market Procedure Volumes
Market Product Price Analysis
Market Healthcare Outcomes
Market Cost of Care Analysis
Market Regulatory Framework and Changes
Prices and Reimbursement Analysis
Market Shares in Different Regions
Recent Developments for Market Competitors
Market Upcoming Applications
Market Innovators Study
MAJOR TOC OF THE REPORT:
Chapter One: 1,3 Propanediol Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: 1,3 Propanediol Market Competition, by Players
Chapter Four: 1,3 Propanediol Market Size by Regions
Chapter Five: 1,3 Propanediol Market Revenue by Countries
Chapter Six: 1,3 Propanediol Market Revenue by Type
Chapter Seven: 1,3 Propanediol Market Revenue by Application
Chapter Eight: 1,3 Propanediol Market Revenue by Industries
Chapter Nine: 1,3 Propanediol Market Revenue by Deployment Model
Chapter Ten: 1,3 Propanediol Market Revenue by End User
Reasons for buying this 1,3 Propanediol Market Report:
Laser Capture 1,3 Propanediol Market report aids in understanding the crucial product segments and their perspective.
Initial graphics and exemplified that a SWOT evaluation of large sections supplied from the Laser Capture 1,3 Propanediol Market industry.
Even the Laser Capture 1,3 Propanediol Market economy provides pin line evaluation of changing competition dynamics and retains you facing opponents.
This report provides a more rapid standpoint on various driving facets or controlling Medical Robotic System promote advantage.
This worldwide Locomotive report provides a pinpoint test for shifting dynamics that are competitive.
The key questions answered in this report:
What will be the Market Size and Growth Rate in the forecast year?
What is the Key Factors driving Laser 1,3 Propanediol Market?
What are the Risks and Challenges in front of the market?
Who are the Key Vendors 1,3 Propanediol Market?
What are the Trending Factors influencing the market shares?
What is the Key Outcomes of Porter’s five forces model
Browse Related [email protected]
Medical Laser Systems Market
Cardiac Safety Services Market
Smart Diabetes Management Market
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market
Data Bridge Market Research
Email: [email protected]