Pune, India -- (SBWire) -- 03/05/2018 --Global 1,3-Propanediol (PDO) Market accounted for USD 380.7 million in 2016 and is projected to grow at a CAGR of 10.5% during the forecast period of 2017 to 2024.
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Global 1,3-Propanediol (PDO) Market, By Applications (PTT, Polyurethane, Cosmetic, Personal Care & Home Cleaning, Others), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
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- No of pages: 350
Major Market Drivers:
- High demand for bio-based alternatives
- Growing biodiesel production
- Application of 1,3-PDO in others sector
Market restraint:
- Patent protection of existing technologies
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Report Definition:
1,3-Propanediol is an organic compound with the formula CH?(CH?OH)?, manufactured through fermentation of biobased feedstock such as corn sugar, crude glycerol etc..It is a colorless viscous liquid that is miscible with water. There is a growing demand for 1,3-propanediol (PDO) in PTT, polyurethane, cosmetic and personal care & home cleaning activity, which is expected to be one of the major drivers of the market over the next seven years.
- No of Figures: 60
Competitive Landscape:
The global 1,3-propanediol (PDO) market is consolidated due to the presence of a limited number of players across globe. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
- No of Tables: 220
Key Players:
Some of the major players of the Global 1,3-Propanediol (PDO) Market are:
- DuPont Tate & Lyle Bio Products
- Metabolic Explorer
- SK Chemicals
- Zhangjiagang Huamei Biomaterials Co., Ltd.
- Zouping Mingyuan Import and Export Trade Co.,Ltd. and many more.
Report Segmentation:
On the basis of application, the market is segmented into PTT, polyurethane, cosmetic, personal care & home cleaning and others.
On the basis of geography, the 1,3-propanediol (PDO) market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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1,3-Propanediol (PDO) Market Analysis 2018: Worldwide Rising at a Highest CAGR of 10.5% with Key Manufactures DuPont Tate & Lyle Bio Products, Metabolic Explorer
1,3-Propanediol (PDO) Market Report 2018 added by Data Bridge Market Research explores Global 1,3-Propanediol (PDO) Market players, drivers, overview, outlook, size, share and growth with forecast to 2024.