1,3 Propanediol Market Share, Growing Rapidly with Recent Trends, Development, Revenue, Demand and Forecast to 2027

The Global 1,3 Propanediol Market is forecast to reach USD 1.66 Billion by 2027, according to a new report by Reports and Data. 1,3 Propanediol (PDO) is a colorless organic viscous liquid with high boiling point and water-miscible properties. This organic chemical compound is typically produced by the hydration process of acrolein or oxo-synthesizing ethylene oxide and hydrogenating the produced aldehydes. Also, more recent bioprocessing production processes are also followed by some of the prominent players in the market to manufacture this chemical. Global 1,3 Propanediol market is projected to drive significantly as the demand for this isomer of Propanediol in various industrial & commercial applications is being propelled substantially. The continuous expansion of Polytrimethylene Terephthalate (PTT) fibers, adhesives, detergent, tonner, coating, and anti-freezing agents are expected to drive the demand throughout the forecast period primarily.

Key participants include DuPont Tate & Lyle Bio Products Company, LLC, Zhangjiagang Glory Biomaterial Co., Ltd., Royal Dutch Shell PLC, Haihang Industry Co., Ltd., Merck KGaA, Tokyo Chemical Industry Co., Ltd., Cargill, Incorporated, Hunan Rivers Bioengineering Co., Ltd., Godrej Industries Ltd., and Zhangjiagang Huamei Biomaterial Co., Ltd., among others..

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The Asia Pacific region is expected to retain its dominance in the global market. The market is North America is growing at apace due to the extensive use of 1,3 Propanediol in various industrial sectors. China and India are some of the fastest-growing markets in the world, and the United States and China hold some of the most prominent players in the market.

For the purpose of this report, Reports and Data have segmented the global 1,3 Propanediol Market on the basis of the application, sales channel, production, end-use verticals and region:

Application Outlook (Revenue: USD Million; Volume: Kilo Tons; 2016-2027)

• Process Solvent
• Chemical Intermediate
• Antifreezing & De-icing Agent
• Adhesive & Laminates
• Tonner & Coating
• Others

Sales Channel Outlook (Revenue: USD Million; Volume: Kilo Tons; 2016-2027)

• Online Retailing
• Offline Retailing

Production Outlook (Revenue: USD Million; Volume: Kilo Tons; 2016-2027)

• Conventional Process
• Bioprocess

End-Use Verticals Outlook (Revenue: USD Million; Volume: Kilo Tons; 2016-2027)

• PTT Manufacturing
• Personal Care & Cosmetics
• Construction Material
• Industrial Manufacturing
• Others

Regional Outlook (Revenue: USD Million; Volume: Kilo Tons; 2016-2027)

• North America
• Europe
• Asia Pacific
• MEA
• Latin America

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Further key findings from the report suggest

• 1,3-Propanediol can act as a multipurpose ingredient that includes humectant, emollient, booster, process solvent, viscosity enhancer, carrier for actives, chemical intermediate, and others. This organic compound is a high purity chemical ingredient produced from renewable sources which are completely GMO-free and doesn’t create risks for the environment.
• Growing penetration of the online retailing businesses for the chemicals and materials, especially in the emerging nations in the Asia Pacific, is helping the market grow by broadening the outreach in the areas where the offline vendors are unavailable. Also, due to the non-involvement of the distributors in the supply chain model, the profit margin is way more than that of the offline retailing distribution channel. The online retailing is expected to gain a market share of 26.2% by 2027.
• Growing use of the cosmetic & personal care products such as skin cream, moisturizer, lotion, hair color, foundation, serums, face masks, antiperspirant, and eyeliner, to name a few, contributes to the market growth enormously. A rise in the awareness about hair care and skin care and an increase in disposable income is expected to augment the demand for cosmetics and personal care products…Continued

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