1,3-Propanediol (1,3-PDO) is a bifunctional organic compound with chemical formula OHCH2CH2CH2OH. 1,3-PDO is a building block chemical that can be used in the preparation of the bio-based polymer polytrimethylene and in the production of adhesives, paints, resins and coatings.
Regionally, global 1,3-propanediol (PDO) major production regions are USA and China. DuPont is the largest supplier globally and it is the only supplier in USA. Global major consumption regions are North America, China and Europe etc. In 2020, North America consumed 48312 ton PDO, with consumption share of 73.63%. China and Europe separately consumed 10388 ton and 3639 ton in 2020.
Global 1,3-Propanediol market size will increase to 330 Million US$ by 2026, from 200 Million US$ in 2020, at a CAGR of 6.3% during the forecast period. In this study, 2021 has been considered as the base year and 2021 to 2026 as the forecast period to estimate the market size for 1,3-Propanediol.
This report covers the present status and the future prospects of the global 1,3-Propanediol market for 2015-2026.
The report offers detailed coverage of 1,3-Propanediol industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading 1,3-Propanediol by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
DuPont, Shangdong Mingxing, Glory Biomaterial
Market Segment as follows:
Market by Order Type
Technical Grade
Pharmaceutical Grade
Other
1,3-Propanediol Breakdown Data by Application
PTT & Polyurethane
Food & Pharmaceutical
Cosmetic
Other
1,3-Propanediol Production market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the 1,3-Propanediol market for the forecast period 2021 - 2026?
• What are the driving forces in the 1,3-Propanediol market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the 1,3-Propanediol industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.