Market Overview:
The global 1, 3-propanediol market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for polytrimethylene terephthalate (PTT), polyurethane, cosmetic and personal care products, engine coolants, heat transfer fluids and de-icing fluids. In terms of type, the bio-based PDO segment is expected to grow at a higher CAGR than the petrochemical-based PDO segment during the forecast period. The growth in this segment can be attributed to stringent environmental regulations governing emissions from petrochemical plants and growing consumer preference for environmentally friendly products. In terms of application, PTT is expected to account for a major share of the global 1, 3-propanediol market during the forecast period owing to its superior properties such as high tensile strength and low weight compared with other plastics such as polyethylene terephthalate (PET) and polypropylene (PP).
Product Definition:
1, 3-Propanediol is a colorless and odorless liquid with a slightly sweet taste. It is miscible with water and most organic solvents. It has a molecular weight of 72.09 g/mol and a boiling point of 189 °C. 1, 3-Propanediol is used as an intermediate in the production of propylene glycol, polypropylene glycols, and other chemicals.
Bio-Based PDO:
Bio-based Polydextrose Oligomer (PDO) is a bio-degradable polymer, which can be used as an alternative to petroleum derived polymers. Bio-based PDO has the potential to replace petroleum derived polymers in applications such as food packaging and textiles.
Petrochemical-Based PDO:
Petrochemical-based PDO is a colorless liquid derived from crude oil. It is one of the key raw materials used for the production of 1, 3-propanediol (PDO). The product has high demand in industrial applications and as a result, it's price fluctuates accordingly. Crude oil prices are an important factor that directly influence PDO production costs and thus have a major impact on 1, 3-propanediol market dynamics.
Application Insights:
The global 1, 3-Propanediol market is segmented based on application into polytrimethylene terephthalate (PTT), polyurethane (PU), cosmetic and personal care, engine coolants, heat transfer fluids, de-icing fluids and others. PTT dominated the overall market in terms of revenue share in 2017. It is widely used to make thermoset plastic components that are used across a wide range of end-use industries including automotive and construction. The material has excellent molding characteristics which makes it suitable for use as a component in the manufacturing of automobile parts along with other industrial applications such as electronics housing & containers.
Regional Analysis:
North America emerged as the largest regional market in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing demand for polyols from various end-use industries, such as automotive, construction, packaging and manufacturing. In addition, growing bio-based economy in the region is anticipated to drive product demand over the next eight years.
Asia Pacific also known as ASEAN+6 is projected to be one of the fastest-growing regions during 2018 - 2030 due to rapid industrialization and urbanization along with rising population in developing countries like China and India are expected drive product consumption across several applications including PTT, personal care products among others.
Growth Factors:
- Increasing demand for 3-Propanediol in various end-use industries such as cosmetics, pharmaceuticals, and textiles
- Growing awareness about the benefits of 3-Propanediol among consumers
- Rising demand for bio-based products across the globe
- Technological advancements in production processes of 3-Propanediol
- Expansion of global market for green solvents and chemicals
Scope Of The Report
Report Attributes
Report Details
Report Title
1, 3-Propanediol Market Research Report
By Type
Bio-Based PDO, Petrochemical-Based PDO
By Application
Polytrimethylene Terephthalate (PTT), Polyurethane, Cosmetic And Personal Care, Engine Coolants, Heat Transfer Fluid, De-Icing Fluid, Others
By Companies
DuPont, Metabolic Explorer, Zhangjiagang Glory Biomaterial, Zouping Mingxing Chemical, Shell, Shanghai Jinjinle Industry, Salicylates And Chemicals, Chongqing Kunlun Chemical, DuPont
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global 1, 3-Propanediol Market Report Segments:
The global 1, 3-Propanediol market is segmented on the basis of:
Types
Bio-Based PDO, Petrochemical-Based PDO
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Polytrimethylene Terephthalate (PTT), Polyurethane, Cosmetic And Personal Care, Engine Coolants, Heat Transfer Fluid, De-Icing Fluid, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DuPont
- Metabolic Explorer
- Zhangjiagang Glory Biomaterial
- Zouping Mingxing Chemical
- Shell
- Shanghai Jinjinle Industry
- Salicylates And Chemicals
- Chongqing Kunlun Chemical
- DuPont
Highlights of The 1, 3-Propanediol Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Bio-Based PDO
- Petrochemical-Based PDO
- By Application:
- Polytrimethylene Terephthalate (PTT)
- Polyurethane
- Cosmetic And Personal Care
- Engine Coolants
- Heat Transfer Fluid
- De-Icing Fluid
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the 1, 3-Propanediol Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
1, 3-Propanediol is a type of alcohol that is used in manufacturing plastics and other materials.
Some of the major players in the 1, 3-propanediol market are DuPont, Metabolic Explorer, Zhangjiagang Glory Biomaterial, Zouping Mingxing Chemical, Shell, Shanghai Jinjinle Industry, Salicylates And Chemicals, Chongqing Kunlun Chemical, DuPont.
The 1, 3-propanediol market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 1, 3-Propanediol Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 1, 3-Propanediol Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 1, 3-Propanediol Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the 1, 3-Propanediol Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global 1, 3-Propanediol Market Size & Forecast, 2020-2028
4.5.1 1, 3-Propanediol Market Size and Y-o-Y Growth
4.5.2 1, 3-Propanediol Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Bio-Based PDO
5.2.2 Petrochemical-Based PDO
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Polytrimethylene Terephthalate (PTT)
6.2.2 Polyurethane
6.2.3 Cosmetic And Personal Care
6.2.4 Engine Coolants
6.2.5 Heat Transfer Fluid
6.2.6 De-Icing Fluid
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 1, 3-Propanediol Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 1, 3-Propanediol Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Bio-Based PDO
9.6.2 Petrochemical-Based PDO
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Polytrimethylene Terephthalate (PTT)
9.10.2 Polyurethane
9.10.3 Cosmetic And Personal Care
9.10.4 Engine Coolants
9.10.5 Heat Transfer Fluid
9.10.6 De-Icing Fluid
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Bio-Based PDO
10.6.2 Petrochemical-Based PDO
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Polytrimethylene Terephthalate (PTT)
10.10.2 Polyurethane
10.10.3 Cosmetic And Personal Care
10.10.4 Engine Coolants
10.10.5 Heat Transfer Fluid
10.10.6 De-Icing Fluid
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Bio-Based PDO
11.6.2 Petrochemical-Based PDO
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Polytrimethylene Terephthalate (PTT)
11.10.2 Polyurethane
11.10.3 Cosmetic And Personal Care
11.10.4 Engine Coolants
11.10.5 Heat Transfer Fluid
11.10.6 De-Icing Fluid
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Bio-Based PDO
12.6.2 Petrochemical-Based PDO
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Polytrimethylene Terephthalate (PTT)
12.10.2 Polyurethane
12.10.3 Cosmetic And Personal Care
12.10.4 Engine Coolants
12.10.5 Heat Transfer Fluid
12.10.6 De-Icing Fluid
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Bio-Based PDO
13.6.2 Petrochemical-Based PDO
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Polytrimethylene Terephthalate (PTT)
13.10.2 Polyurethane
13.10.3 Cosmetic And Personal Care
13.10.4 Engine Coolants
13.10.5 Heat Transfer Fluid
13.10.6 De-Icing Fluid
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 1, 3-Propanediol Market: Competitive Dashboard
14.2 Global 1, 3-Propanediol Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DuPont
14.3.2 Metabolic Explorer
14.3.3 Zhangjiagang Glory Biomaterial
14.3.4 Zouping Mingxing Chemical
14.3.5 Shell
14.3.6 Shanghai Jinjinle Industry
14.3.7 Salicylates And Chemicals
14.3.8 Chongqing Kunlun Chemical
14.3.9 DuPont
