1,3-Propanediol (PDO) Market Key Players Analysis, Size, Growth, Trends and Forecast up to 2026

1,3-Propanediol (PDO) is defined as an organic chemical compound with the formula CH₂(CH₂OH) ₂. This can be formulated into a variety of industrial products including adhesives, composites, coatings, laminates, moldings, and polyesters. 1,3-Propanediol is mainly formed by the hydration of acrolein. It is also a solvent and used as an antifreeze and in wood paint. 1,3-propanediol (PDO) are mostly used in the textile and polymer industries.
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The major factors fuelling the growth of global 1,3-Propanediol (PDO) market includes rising demand of polytrimethylene terephthalate (PTT), growing usage in resin applications and growing demand for eco-friendly & bio-based products. Polytrimethylene terephthalate (PTT) is used in the manufacturing of apparel and carpets due to its high mechanical performance and excellent physical properties, which would drive the demand of polytrimethylene terephthalate (PTT) in the market. In addition, rising awareness among consumers and strict government policies related to bio-based products are some other factors that are expected to drive the growth of global 1,3-propanediol (PDO) market during forecast period. Bio-based 1,3-propanediol (PDO) uses renewable feedstocks such as corn sugar and crude glycerine to make it more durable. The easy availability of sustainable raw materials required for the biological development of propanediol (PDO) encourages the fermentation process to be embraced. Bioprocessed propanediol (PDO) uses less energy and has lower emissions of greenhouse gases compared to chemically synthesized propanediol (PDO). Moreover, newapplications areas of propanediol (PDO) and strong capacity for development in emerging countries are some factors that are anticipated to fuel the growth of 1,3-propanediol (PDO) market in future. However, substitutes accessible at a comparatively lower price hampering the growth of global 1,3-propanediol (PDO) market.
Read Full Report Description: 1,3-Propanediol (PDO) Market By Application (Polytrimethylene Terephthalate (PTT), Polyurethane (PU), Cosmetics, Personal Care & Cleaning Products and Others) and By Region – Market Opportunities & Forecast, (2019–2026) https://www.noahresearch.com/report/13-propanediol-pdo-market/
Based on region, Europe is expected to grow at steady CAGR during forecast period due to growing usage of 1,3-propanediol by manufacturers in the personal care & cleaning products and cosmetics industries in this region.
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Global 1,3-Propanediol (PDO) market has been segmented on the basis of application. Based on application, the market is segmented into polytrimethylene terephthalate (PTT), polyurethane (PU), cosmetics, personal care, & cleaning products and others.
Some of the major players of global 1,3-Propanediol (PDO) market are DuPont Tate & Lyle Bio Products, Shanghai Haoyun Trading Co., Ltd., Zouping Mingxing Chemical Co., Ltd., Tokyo Chemical Industry Co., Ltd., Zhangjiagang Huamei Biomaterial Co., Ltd., Metabolic Explorer, Sheng Hong Group Holdings Limited, Haihang Industry Co., Ltd., Merck KGgA and Linzyme among others.
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Market Segmentation:
Global 1,3-Propanediol (PDO) Market by Application
  • Polytrimethylene Terephthalate (PTT)
  • Polyurethane (PU)
  • Cosmetics, Personal Care, & Cleaning Products
  • Others
Global 1,3-Propanediol (PDO) Market by Region
  • North America 1,3-Propanediol (PDO) Market
  • Europe 1,3-Propanediol (PDO) Market
  • Asia-Pacific 1,3-Propanediol (PDO) Market
  • ROW 1,3-Propanediol (PDO) Market
Leading Market Players
  • DuPont Tate & Lyle Bio Products
  • Shanghai Haoyun Trading Co., Ltd.
  • Zouping Mingxing Chemical Co., Ltd.
  • Tokyo Chemical Industry Co., Ltd.
  • Zhangjiagang Huamei Biomaterial Co., Ltd.
  • Metabolic Explorer
  • Sheng Hong Group Holdings Limited
  • Haihang Industry Co., Ltd.
  • Merck KGgA
  • Hunan Rivers Bioengineering Co., Ltd.
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