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Global 1, 3-Propanediol (PDO) Market Size, Trends & Growth Opportunity and By Type (Bio-Based PDO and Petrochemical-Based PDO), By Application (Polytrimethylene Terephthalate (PTT), Polyurethane, Personal Care, and Others), By End User (Synthetic Drugs, E

Publisher QualiKet Research
Published Dec 01, 2022
Length 141 Pages
SKU # QUA17704135

Description

Global 1, 3-Propanediol (PDO) Market Size, Trends & Growth Opportunity and By Type (Bio-Based PDO and Petrochemical-Based PDO), By Application (Polytrimethylene Terephthalate (PTT), Polyurethane, Personal Care, and Others), By End User (Synthetic Drugs, Engineering Plastics, Textile Dyeing & Finishing, and Others), By Region and Forecast till 2027.

Global 1, 3-Propanediol (PDO) Market

The Global 1, 3-Propanediol (PDO) Market is expected to grow from US$ 375.1 Million in 2021 to US$ 875.6 Million by 2027; it is estimated to grow at a CAGR of 15.18% from 2022 to 2027.

1, 3-propanediol (PDO) is an organic chemical compound that is utilized on large scale for number of a number of industrial productions and research applications as it provides various benefits to end users. It is produced organically from glycerol and its interactions with microorganism in anaerobic conditions.

Drivers

Increase in polyurethane penetration across various end use industries is the key driving factor which is expected to boost the global 1,3-propanediol (PDO) market growth. Furthermore, increase in demand for eco friendly and bio based products will have the positive impact on market growth. Moreover, increase in usage of 1,3-propanediol (PDO) in resin application will propel the market growth. In addition to that, increase in research and development activities to develop bio based products will fuel the market growth.

Restraints

However, availability of substitutes with comparatively low cost is the major challenging factor which is expected to hamper the global 1, 3 propanediol (PDO) market growth. Lack of awareness will affect the market growth.

Opportunities

The increase in resin applications, such as flavouring, anti-inflammatory, and cathartic agents, is the driver of the market's lucrative growth prospects during the anticipated time frame. A further element boosting the market's expansion is the increase in demand for polytrimethylene terephthalate (PTT) among various end users. In order to provide eco-friendly emission solutions, the government is increasingly promoting biodiesel manufacturing, which is generating expansion chances for the industry throughout the foreseeable future.

Impact of Covid-19

The market for 1,3 propanediol suffered as a result of the current coronavirus outbreak. There were significant economic disruptions in many different nations. Various governments' lockdowns forced the closure of production and manufacturing facilities. The market was severely affected by issues with supply chains, a shortage of labour, price variations, and the availability of raw materials. As imposed limits have loosened and activities will continue, it is anticipated that the market will expand.

Segmentation By Type: Global 1, 3-Propanediol (PDO) Market is segmented on the basis of Type into Bio-Based PDO and Petrochemical-Based PDO.

Segmentation By Application: Global 1, 3-Propanediol (PDO) Market is segmented on the basis of Application into Polytrimethylene Terephthalate (PTT), Polyurethane, Personal Care, and Others. This is due to the increase in demand for PTT in a variety of industries, including industrial, consumer products, upholstery, apparel, and specialty resins. PTT has a number of advantages over other polymers, including stretch recovery qualities, less production costs for bio-based 1,3 PDO, and reduced environmental effect.

Segmentation By End-user: Global 1, 3-Propanediol (PDO) Market is segmented on the basis of End-user into Synthetic Drugs, Engineering Plastics, Textile Dyeing & Finishing, and Others.

Segmentation By Region: Global 1, 3-Propanediol (PDO) Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The larger market share is linked to rising personal care product consumption and rising consumer spending in nations like the United States and Canada. Due to the increased demand for PTT in the emerging end-use industries and the expanding use of bio-based products, North America will dominate this market.

Competitive Landscape: The key players of 1, 3-Propanediol (PDO) Market are Dupont Tate & Lyle Bio Products Company, Llc, Zhangjiagang Glory Biomaterial Co., Ltd., Zouping Mingxing Chemical Co., Ltd., Haihang Industry Co., Ltd., Hunan Rivers Bioengineering Co., Ltd., Merck KGgA, Tokyo Chemical Industry Co., Ltd. and Zhangjiagang Huamei Biomaterial Co., Ltd.

Industrial Development
  • Ajinomoti Animal Nutrition Europe was acquired by METabolic Explorer in 2021, a cleantech biochemical firm that creates and commercialises competitive, sustainable fermentation techniques that offer alternatives to petro chemistry.
Market Taxonomy

By Type
  • Bio-Based PDO
  • Petrochemical-Based PDO
By Application
  • Polytrimethylene Terephthalate (PTT)
  • Polyurethane
  • Personal Care
  • Others
By End User
  • Synthetic Drugs
  • Engineering Plastics
  • Textile Dyeing & Finishing
  • Others
By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
Key Questions Addressed by the Report
  • What are the Key Opportunities in 1, 3-Propanediol (PDO) Market?
  • What will be the growth rate from 2021 to 2027?
  • Which segment/region will have highest growth?
  • What are the factors that will impact/drive the Market?
  • What is the competitive Landscape in the Industry?
  • What is the role of key players in the value chain?

Table of Contents

141 Pages
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global 1, 3-Propanediol (PDO) Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global 1, 3-Propanediol (PDO) Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global 1, 3-Propanediol (PDO) Market Share Analysis, By Type
5.3 Global 1, 3-Propanediol (PDO) Market Size and Forecast, By Type
5.3.1 Bio Based PDO
5.3.2 Petrochemical Based PDO
6 Global 1, 3-Propanediol (PDO) Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global 1, 3-Propanediol (PDO) Market Share Analysis, By Application
6.3 Global 1, 3-Propanediol (PDO) Market Size and Forecast, By Application
6.3.1 Polytrimethylene Terephthalate (PTT)
6.3.2 Polyurethane
6.3.3Personal Care
6.3.4Others
7 Global 1, 3-Propanediol (PDO) Market, By End User
7.1 Y-o-Y Growth Comparison, By End User
7.2 Global 1, 3-Propanediol (PDO) Market Share Analysis, By End User
7.3 Global 1, 3-Propanediol (PDO) Market Size and Forecast, By End User
7.3. 1 Synthetic Drugs
7.3.2 Engineering Plastics
7.3.3Textile Dyeing & Finishing
7.3.4 Others
8 Global 1, 3-Propanediol (PDO) Market, By Region
8.1 Global 1, 3-Propanediol (PDO) Market Share Analysis, By Region
8.2 Global 1, 3-Propanediol (PDO) Market Share Analysis, By Region
8.3 Global 1, 3-Propanediol (PDO) Market Size and Forecast, By Region
9 North America 1, 3-Propanediol (PDO) Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 North America 1, 3-Propanediol (PDO) Market Share Analysis, By Type
9.3 North America 1, 3-Propanediol (PDO) Market Size and Forecast, By Application
9.4 North America 1, 3-Propanediol (PDO) Market Size and Forecast, By End User
9.5 North America 1, 3-Propanediol (PDO) Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe 1, 3-Propanediol (PDO) Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Europe 1, 3-Propanediol (PDO) Market Share Analysis, By Type
10.3 Europe 1, 3-Propanediol (PDO) Market Size and Forecast, By Application
10.4 Europe 1, 3-Propanediol (PDO) Market Size and Forecast, By End User
10.5 Europe 1, 3-Propanediol (PDO) Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11 Asia Pacific 1, 3-Propanediol (PDO) Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Asia Pacific 1, 3-Propanediol (PDO) Market Share Analysis, By Type
11.3 Asia Pacific 1, 3-Propanediol (PDO) Market Size and Forecast, By Application
11.4 Asia Pacific 1, 3-Propanediol (PDO) Market Size and Forecast, By End User
11.5 Asia Pacific 1, 3-Propanediol (PDO) Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America 1, 3-Propanediol (PDO) Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Latin America 1, 3-Propanediol (PDO) Market Share Analysis, By Type
12.3 Latin America 1, 3-Propanediol (PDO) Market Size and Forecast, By Application
12.4 Latin America 1, 3-Propanediol (PDO) Market Size and Forecast, By End User
12.5 Latin America 1, 3-Propanediol (PDO) Market Size and Forecast, Country
13 Middle East 1, 3-Propanediol (PDO) Market Analysis and Forecast (2022 – 2027)
13.1 Introduction
13.2 Middle East 1, 3-Propanediol (PDO) Market Share Analysis, By Type
13.3 Middle East 1, 3-Propanediol (PDO) Market Size and Forecast, By Application
13.4 Middle East 1, 3-Propanediol (PDO) Market Size and Forecast, By End User
13.5 Middle East 1, 3-Propanediol (PDO) Market Size and Forecast, By Country
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Dupont Tate & Lyle Bio Products Company
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Zhangjiagang Glory Biomaterial Co., Ltd
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Zouping Mingxing Chemical Co., Ltd
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Haihang Industry Co., Ltd
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Hunan Rivers Bioengineering Co., Ltd
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Merck KGgA
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Tokyo Chemical Industry Co., Ltd
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Zhangjiaganag Huamei Biomaterial Co., Ltd
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies

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