1,3-Propanediol (PDO) Market

1,3-Propanediol (PDO) Market by Application (Polytrimethylene terephthalate (PTT), Cosmetics, Personal Care & Cleaning Products, Polyurethane (PU)) and Region (Americas, APAC, Europe, Middle East & Africa (EMEA)) - Global Forecast to 2024

Report Code: CH 3091 Aug, 2019, by marketsandmarkets.com
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[96 Pages Report] MarketsandMarkets forecasts the 1,3 Propanediol Market to grow from USD 490 million in 2019 to USD 870 million by 2024, at a Compound Annual Growth Rate (CAGR) of 12.2% during the forecast period. The market growth is driven mainly by the increasing demand for polytrimethylene terephthalate (PTT) in the manufacturing of carpets and apparel due to its good physical properties and high mechanical performance. PTT is preferred over polymers such as nylon 6 and nylon 6,6 in these applications. 1,3-propanediol is the major feedstock for manufacturing PTT.

1, 3-Propanediol Market, PDO Market

Cosmetics, personal care, and cleaning products application segment is estimated to witness the highest growth rate between 2019 and 2024.

The cosmetics, personal care, and cleaning products application segment is estimated to witness the highest growth rate between 2019 and 2024. Increasing usage of 1,3-propanediol by major manufacturers of these products such as L’Orιal (France), Avon Products, Inc. (UK), Unilever (UK), Method Products (US) and Estιe Lauder Inc. (US) is driving market growth.

Growing demand for polytrimethylene terephthalate is expected to drive the 1,3-propanediol market.

The 1,3-propanediol market size is estimated to grow from USD 490 million in 2019 to USD 870 million by 2024, at a CAGR of 12.2%. The market growth is driven mainly by the increasing demand for polytrimethylene terephthalate (PTT) in the manufacturing of carpets and apparel due to its good physical properties and high mechanical performance. PTT is preferred over polymers such as nylon 6 and nylon 6,6 in these applications. 1,3-propanediol is the major feedstock for manufacturing PTT.

1, 3-Propanediol Market, PDO Market

1,3-propanediol market in EMEA to witness strong growth during the forecast period.

The EMEA 1,3-propanediol market is estimated to witness significant growth during the forecast period. The growing demand for bio-based products in the region and the increasing usage of 1,3-propanediol by manufacturers in the growing cosmetics, personal care & cleaning products industry are driving the 1,3-propanediol market in the region.

Additionally, the strong distribution network of DuPont Tate & Lyle Bio Products Company, LLC (US) in countries of Europe and Middle East & Africa such as Austria, Belgium, Bulgaria, Croatia, the Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Israel, Italy, Lithuania, the Netherlands, Norway, Poland, Portugal, Russia, Slovakia, Spain, Sweden, Switzerland, Ukraine, the UK, and Turkey is estimated to positively influence the demand for 1,3-propanediol in the region.

Market Dynamics

Drivers: High demand for environment - friendly, bio-based products

A gradual paradigm shift in consumer preferences for bio-based products is witnessed across the world. The growing awareness of consumers, increasingly stringent government regulations, and depletion of conventional sources have prompted companies to innovate and market sustainable products. PDO is one such biochemical which is estimated to have high demand. Bio-based PDO utilizes renewable feedstock such as corn sugar and crude glycerin, making it more sustainable. The easy availability of renewable raw materials required for biologically producing PDO prompts the adoption of the fermentation process. Bioprocessed PDO consumes lesser energy and has lower greenhouse gases emissions compared to chemically synthesized PDO. According to DuPont Tate & Lyle Bio Products Company, LLC, the production process of bio-based PDO produces 56% less GHG emissions and consumes 42% less non-renewable energy than petroleum-based PDO. When compared with propylene glycol (PG), bio-based PDO produces 42% less GHG and uses 38% less non-renewable energy. Bio-based PDO also produces 52% less GHG and uses 32% less non-renewable energy when compared to butanediol (BDO). The major application of PDO is the production of PTT. The use of bio-based PDO for the manufacture of PTT helps reduce energy consumption and emission of greenhouse gases. These characteristics of biologically manufactured PDO is driving the market growth.

Restraints: Availability of substitutes with comparatively lower cost

1,3-propanediol was discovered in the nineteenth century. However, the commercial production of 1,3- propanediol was undertaken much later. Breakthroughs in R&D led to PDO production through the synthesis of petrochemicals. The foremost companies manufacturing PDO were Shell and Degussa. The Degussa technology was later acquired by DuPont. However, the shift towards eco-friendly products led to the development of a sustainable manufacturing process. Companies such as DuPont Tate & Lyle Bio Products Company, LLC have developed technologies for the manufacture of PDO utilizing renewable feedstock. In the recent past, many Chinese players have also developed biological processes for manufacturing PDO. PDO is used as a replacement of petroleum-based glycols such as propylene glycol, butylene glycol, and glycerin. These products are available at a comparatively low price compared to PDO, which is used in cosmetics, personal care & cleaning products, pharmaceutical & dietary supplements, and food & flavors applications. Moreover, the promotion of bio-based PDO is difficult in countries where there are no regulations regarding the adoption of bio-based products in various end-use applications. For instance, in Vietnam, even though PDO is used in skincare applications, it is facing competition from conventional products such as glycerin because of the comparatively higher price of PDO. According to an industry expert, it is very difficult to promote PDO in developing countries as customers are very price sensitive. Thus, the growth of the market is constrained due to the availability of substitutes with comparatively lower price, especially in developing countries.

Opportunity: High growth potential in emerging economies

The environmentally-friendly nature of bioprocessed PDO has led to increased interest in the development of technologies for its commercial manufacture. Many educational institutes have undertaken research on production technologies of PDO. Governments in various nations such as China and India are also promoting the development of technology for commercial production of PDO. In the 10th Five Year Plan, China promoted the growth of the PDO market. The R&D in the nation has led to breakthroughs, and a few Chinese companies entered the PDO market. Similarly, the government of India has encouraged the development of PDO through its National Chemical Policy Draft plan in 2014. The R&D activities may lead to technological breakthroughs, which will enable cost-effective, commercial production of PDO.

Challenges: Lack of awareness about the benefits of 1,3 - Propanediol in industrial application

In developing economies like Pakistan, Sri Lanka, Iraq, Iran, Indonesia, Taiwan, Bangladesh, Malaysia, Maldives, Chile, Colombia, Peru, the Philippines, Vietnam, and Romania, there is still very less awareness about the usage of PDO. In these countries, the use of PDO is mostly limited to cosmetics & personal care, and pharmaceutical products. In countries such as India, it is mainly used in cosmetics & personal care products and people are less aware about its usage in applications such as PU, food & flavors, and others. Even the major manufacturer of bio-based PDO, i.e., DuPont Tate & Lyle Bio Products Company, LLC has a strong distribution network of its Zemea propanediol (which is used in consumer products applications such as cosmetics, personal care, and cleaning products; and food & flavors, among other applications). However, the market for Susterra propanediol (which is used in industrial application such as heat transfer fluids and PU) is small in regions such as APAC as there is less demand for PDO in industrial application. Manufacturers are less aware about the benefits of 1,3-propanediol in industrial application. Therefore, less awareness about the benefits of PDO in industrial application poses a challenge for the market.

Scope of the Report

Report Metric

Details

Market size available for years

2017–2024

Base year considered

2018

Forecast period

2018–2024

Forecast units

Million (USD)

Segments covered

Application (polytrimethylene terephthalate (PTT); polyurethane (PU); cosmetics, personal care, and cleaning products; and others)

Geographies covered

APAC, North America, Europe, MEA, and South America

Companies covered

DuPont Tate & Lyle Bio Products Company, LLC (US), Zouping Mingxing Chemical Co., Ltd. (China), Zhangjiagang Glory Biomaterial Co., Ltd. (China), Hunan Rivers Bioengineering Co., Ltd. (China), Haihang Industry Company Ltd. (China), Tokyo Chemical Industry Co., Ltd. (Japan), Merck KGgA (Germany), and Zhangjiagang Huamei Biomaterial Co., Ltd. (China)

The research report categorizes the 1,3 Propanediol market to forecast the revenues and analyze the trends in each of the following sub-segments:

1,3 Propanediol Market, By Application

  • Polytrimethylene terephthalate (PTT)
  • Polyurethane (PU)
  • Cosmetics, personal care, and cleaning products
  • Others (engine coolants, food & flavors, pharmaceutical & dietary supplement, de-icing fluids, heat transfer fluids, e-liquids and unsaturated polyester resins)

1,3 Propanediol Market,By Region

  • Americas
  • APAC
  • EMEA

Key Market Players

DuPont Tate & Lyle Bio Products Company, LLC (US), Zouping Mingxing Chemical Co., Ltd. (China), Zhangjiagang Glory Biomaterial Co., Ltd. (China), Hunan Rivers Bioengineering Co., Ltd. (China), Haihang Industry Company Ltd. (China), Tokyo Chemical Industry Co., Ltd. (Japan), Merck KGgA (Germany), and Zhangjiagang Huamei Biomaterial Co., Ltd. (China)

Recent Developments

  • In May 2019, DuPont Tate & Lyle Bio Products Company, LLC (US), Corbion (Netherlands), INOLEX Inc. (US), and ACT Solutions Corp (US) have entered into a partnership to create a bio-based content formulation for personal care products market. This partnership helped the company to meet the growing demand for natural products.
  • In October 2018, DuPont Tate & Lyle Bio Products Company, LLC (US), opened a warehouse and distribution center in its manufacturing site in Loudon (Tennessee, US). Earlier, only bulk shipments were fulfilled from the manufacturing facility, as the orders of package goods were handled off-site by a third-party provider. The expansion allows the company to deliver package goods such as pails, drums, and totes to be directly filled, stored, and shipped from the manufacturing facility to any destination around the world, thereby simplifying the global supply chain.
  • In September 2018, DuPont Industrial Biosciences, a DowDuPont Specialty Products business, completed the expansion of their Kinston, North Carolina, a manufacturing facility that produces Sorona, bio-based polymer. The expansion helped the company to increase the production capacity of Sorona fabric by 25% and to meet the growing demand for Sorona polymer throughout the carpet and apparel markets.
  • In June 2018, DuPont opened its industrial biosciences global business headquarters in Delaware (US). It is a part of DuPont’s Experimental Station, which is a breeding ground for numerous shifting technologies over the decades from nylon to DuPont Kevlar to Lycra to Sorona.
  • In March 2018, DuPont announced to increase its annual production of bio-based 1,3-propanediol by 35 million pounds in its manufacturing facility at Tennessee (US). The expansion will help the company to expand its market reach in the cosmetics, personal care, flavors, fibers, and PU markets, among other applications.  

Critical questions the report answers:

  • Where will all these developments take the industry in the long term?
  • What are the upcoming trends for the 1,3 Propanediol market?
  • Which segment provides the most opportunity for growth?
  • Who are the leading vendors operating in this market?
  • What are the opportunities for new market entrants?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 12)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Years Considered for the Study
    1.4 Currency
    1.5 Units Considered
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 15)
    2.1 Market Definition and Scope
    2.2 Base Number Calculation
           2.2.1 Supply Side Approach
                    2.2.1.1 Approach 1
                    2.2.1.2 Approach 2
           2.2.2 Demand Side Approach
    2.3 Forecast Number Calculation
           2.3.1 Market Forecast (Scenario 1)
           2.3.2 Market Forecast (Scenario 2)
    2.4 Market Engineering Process
           2.4.1 Bottom-Up Approach
           2.4.2 Top-Down Approach
    2.5 Assumptions
    2.6 Secondary Data
    2.7 Primary Data
           2.7.1 Breakdown of Primary Interviews
           2.7.2 Key Industry Insights

3 Executive Summary (Page No. - 22)

4 Premium Insights (Page No. - 24)
    4.1 Attractive Opportunities in the 1,3-Propanediol Market
    4.2 1,3-Propanediol Market, By Region
    4.3 Americas 1,3-Propanediol Market, By Application
    4.4 1,3-Propanediol Market, By Application

5 Market Overview (Page No. - 26)
    5.1 Introduction
    5.2 Evolution
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 High Demand for Environment-Friendly, Bio-Based Products
                    5.3.1.2 Increasing Use in Resin Application
                    5.3.1.3 Growing Demand for PTT
           5.3.2 Restraints
                    5.3.2.1 Availability of Substitutes With Comparatively Lower Cost
           5.3.3 Opportunities
                    5.3.3.1 High Growth Potential in Emerging Economies
                    5.3.3.2 New Applications Areas of PDO
           5.3.4 Challenges
                    5.3.4.1 Lack of Awareness About the Benefits of 1,3-Propanediol in Industrial Application
    5.4 Patent Analysis
    5.5 Raw Material Analysis
           5.5.1 Glycerol
           5.5.2 Corn
    5.6 Porter’s Five Forces Analysis
           5.6.1 Threat of Substitutes
           5.6.2 Bargaining Power of Suppliers
           5.6.3 Bargaining Power of Buyers
           5.6.4 Threat From New Entrants
           5.6.5 Intensity of Competitive Rivalry

6 1,3-Propanediol Market, By Application (Page No. - 42)
    6.1 Introduction
           6.1.1 Scenario 1: 1,3-Propanediol Market Size, By Application 2017 - 2024 (Kiloton)
           6.1.2 Scenario 1: 1,3-Propanediol Market Size, By Application 2017 - 2024 (USD Million)
           6.1.1 Scenario 2: 1,3-Propanediol Market Size, By Application 2017 - 2024 (Kiloton)
           6.1.2 Scenario 2: 1,3-Propanediol Market Size, By Application 2017 - 2024 (USD Million)
    6.2 Polytrimethylene Terephthalate (PTT)
           6.2.1 Demand for 1,3-Propanediol in PPT Application Driven By Apparel and Carpet Industry
           6.2.2 Bio-Plastics vs Plastics Market Size, 2017-2024 (Kiloton)
           6.2.3 Scenario 1: 1,3-Propanediol Market Size in PPT, 2017 - 2024 (Volume & Value)
           6.2.4 Scenario 2: 1,3-Propanediol Market Size in PPT, 2017 - 2024 (Volume & Value)
           6.2.5 Scenario 1: 1,3-Propanediol Market Size in PPT, By Region, 2017 - 2024 (Kilton)
           6.2.6 Scenario 1: 1,3-Propanediol Market Size in PPT, By Region, 2017 - 2024 (USD Million)
           6.2.7 Scenario 2: 1,3-Propanediol Market Size in PPT, By Region, 2017 - 2024 (Kilton)
           6.2.8 Scenario 2: 1,3-Propanediol Market Size in PPT, By Region, 2017 - 2024 (USD Million)
    6.3 Cosmetics, Personal Care, and Cleaning Products
           6.3.1 Growing Demand for Natural and Innovative Products is Driving the Market in This Segment
           6.3.2 Scenario 1: 1,3-Propanediol Market Size in Cosmetics, Personal Care, and Cleaning Products, 2017 - 2024 (Volume & Value)
           6.3.3 Scenario 2: 1,3-Propanediol Market Size in Cosmetics, Personal Care, and Cleaning Products, 2017 - 2024 (Volume & Value)
           6.3.4 Scenario 1: 1,3-Propanediol Market Size in Cosmetics, Personal Care, and Cleaning Products, By Region, 2017 - 2024 (Kilton)
           6.3.5 Scenario 1: 1,3-Propanediol Market Size in Cosmetics, Personal Care, and Cleaning Products, By Region, 2017 - 2024 (USD Million)
           6.3.6 Scenario 2: 1,3-Propanediol Market Size in Cosmetics, Personal Care, and Cleaning Products, By Region, 2017 - 2024 (Kilton)
           6.3.7 Scenario 2: 1,3-Propanediol Market Size in Cosmetics, Personal Care, and Cleaning Products, By Region, 2017 - 2024 (USD Million)
    6.4 Polyurethane
           6.4.1 Growing Demand for Automobiles and Footwear Drives the Demand for Pdo in PU Application
           6.4.2 Scenario 1: 1,3-Propanediol Market Size in PU, 2017 - 2024 (Volume & Value)
           6.4.3 Scenario 2: 1,3-Propanediol Market Size in PU, 2017 - 2024 (Volume & Value)
           6.4.4 Scenario 1: 1,3-Propanediol Market Size in PU, By Region, 2017 - 2024 (Kilton)
           6.4.5 Scenario 1: 1,3-Propanediol Market Size in PU, By Region, 2017 - 2024 (USD Million)
           6.4.6 Scenario 2: 1,3-Propanediol Market Size in PU, By Region, 2017 - 2024 (Kilton)
           6.4.7 Scenario 2: 1,3-Propanediol Market Size in PU, By Region, 2017 - 2024 (USD Million)
    6.5 Others

7 1,3-Propanediol Market, By Region (Page No. - 58)
    7.1 Introduction
           7.1.1 Scenario 1: 1,3-Propanediol Market Size, 2017 - 2024 (Volume & Value)
           7.1.2 Scenario 2: 1,3-Propanediol Market, 2017 - 2024 (Volume & Value)
           7.1.3 Scenario 1: 1,3-Propanediol Market, By Region, 2017 - 2024 (Kiloton)
           7.1.4 Scenario 1: 1,3-Propanediol Market, By Region, 2017 - 2024 (USD Million)
           7.1.5 Scenario 2: 1,3-Propanediol Market, By Region, 2017 - 2024 (Kiloton)
           7.1.6 Scenario 2: 1,3-Propanediol Market, By Region, 2017 - 2024 (USD Million)
    7.2 Americas
           7.2.1 Presence of Biggest Manufacturer of Bio-Based Pdo Supports Growth of the Market
           7.2.2 Scenario 1: Americas, 1,3-Propanediol Market Size, 2017 - 2024 (Volume & Value)
           7.2.3 Scenario 2: Americas,1,3-Propanediol Market, 2017 - 2024 (Volume & Value)
           7.2.4 Scenario 1: Americas,1,3-Propanediol Market, By Application, 2017 - 2024 (Kiloton)
           7.2.5 Scenario 1: Americas,1,3-Propanediol Market, By Application, 2017 - 2024 (USD Million)
           7.2.6 Scenario 2: Americas, 1,3-Propanediol Market, By Application, 2017 - 2024 (Kiloton)
           7.2.7 Scenario 2: Americas,1,3-Propanediol Market, By Application, 2017 - 2024 (USD Million)
    7.3 APAC
           7.3.1 The Growing Manufacturing of PTT in China to Drive the Pdo Market
           7.3.2 Scenario 1: APAC, 1,3-Propanediol Market Size, 2017 - 2024 (Volume & Value)
           7.3.3 Scenario 2: APAC,1,3-Propanediol Market, 2017 - 2024 (Volume & Value)
           7.3.4 Scenario 1: APAC,1,3-Propanediol Market, By Application, 2017 - 2024 (Kiloton)
           7.3.5 Scenario 1: APAC,1,3-Propanediol Market, By Application, 2017 - 2024 (USD Million)
           7.3.6 Scenario 2: APAC, 1,3-Propanediol Market, By Application, 2017 - 2024 (Kiloton)
           7.3.7 Scenario 2: APAC,1,3-Propanediol Market, By Application, 2017 - 2024 (USD Million)
    7.4 Europe, Middle East & Africa
           7.4.1 Pdo Market in Europe to Witness Highest Growth in Cosmetics, Personal Care, and Cleaning Products Application
           7.4.2 Scenario 1: Emea, 1,3-Propanediol Market Size, 2017 - 2024 (Volume & Value)
           7.4.3 Scenario 2: Emea,1,3-Propanediol Market, 2017 - 2024 (Volume & Value)
           7.4.4 Scenario 1: Emea,1,3-Propanediol Market, By Application, 2017 - 2024 (Kiloton)
           7.4.5 Scenario 1: Emea,1,3-Propanediol Market, By Application, 2017 - 2024 (USD Million)
           7.4.6 Scenario 2: Emea, 1,3-Propanediol Market, By Application, 2017 - 2024 (Kiloton)
           7.4.7 Scenario 2: Emea,1,3-Propanediol Market, By Application, 2017 - 2024 (USD Million)

8 Competitive Landscape (Page No. - 75)
    8.1 Overview
    8.2 Market Share Analysis
    8.3 Competitive Situation and Trends
           8.3.1 Expansion
           8.3.2 Innovation
           8.3.3 Partnership

9 Company Profile (Page No. - 78)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
    9.1 Dupont Tate & Lyle Bio Products Company, Llc
           9.1.1 Business Overview
           9.1.2 Product Offered
           9.1.3 SWOT Analysis
           9.1.4 MnM View
    9.2 Zhangjiagang Glory Biomaterial Co., Ltd.
           9.2.1 Business Overview
           9.2.2 Product Offered
           9.2.3 MnM View
    9.3 Zouping Mingxing Chemical Co., Ltd.
           9.3.1 Business Overview
           9.3.2 Product Offered
    9.4 Haihang Industry Co., Ltd.
           9.4.1 Business Overview
           9.4.2 Product Offered
    9.5 Hunan Rivers Bioengineering Co., Ltd.
           9.5.1 Business Overview
           9.5.2 Product Offered
    9.6 Merck KGgA
           9.6.1 Business Overview
           9.6.2 Product Offered
    9.7 Tokyo Chemical Industry Co., Ltd.
           9.7.1 Business Overview
           9.7.2 Product Offered
    9.8 Zhangjiagang Huamei Biomaterial Co., Ltd.
           9.8.1 Business Overview
           9.8.2 Product Offered
           9.8.3 SWOT Analysis
           9.8.4 MnM View
    9.9 Metabolic Explorer
           9.9.1 Business Overview
           9.9.2 Product Offered
    9.10 Sheng Hong Group Holdings Ltd.
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.


10 Appendix (Page No. - 93)
     10.1 Discussion Guide
     10.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     10.3 Available Customizations
     10.4 Related Reports
     10.5 Author Details


List of Tables (68 Tables)

Table 1 1,3-Propanediol: Physical & Chemical Properties
Table 2 Comparison of Fibers, By Properties
Table 3 Patents for PDO Production
Table 4 Patents for Use of PDO in Personal Care and Cosmetics Application
Table 5 Patents for Use of PDO in Other Applications
Table 6 Biodiesel Production, By Country, 2013–2016 (Kiloton)
Table 7 Corn Production and Consumption, By Country, 2018 (Million Tons)
Table 8 Corn Price, 2016–2018 (USD/Ton)
Table 9 Scenario 1: 1,3-Propanediol Market Size, By Application, 2017–2024 (Kiloton)
Table 10 Scenario 1: 1,3-Propanediol Market Size, By Application, 2017–2024 (USD Million)
Table 11 Scenario 2: 1,3-Propanediol Market Size, By Application, 2017–2024 (Kiloton)
Table 12 Scenario 2: 1,3-Propanediol Market Size, By Application, 2017–2024 (USD Million)
Table 13 Bio-Plastics vs Plastics Market Size, 2017–2024 (Kiloton)
Table 14 Recent Activities in 1,3-Propanediol Market in PTT Application
Table 15 Scenario 1: 1,3-Propanediol Market Size in PTT, 2017–2024 (Volume & Value)
Table 16 Scenario 2: 1,3-Propanediol Market Size in PTT, 2017–2024 (Volume & Value)
Table 17 Scenario 1: 1,3-Propanediol Market Size in PTT, By Region, 2017–2024 (Kiloton)
Table 18 Scenario 1: 1,3-Propanediol Market Size in PTT, By Region, 2017–2024 (USD Million)
Table 19 Scenario 2: 1,3-Propanediol Market Size in PTT, By Region, 2017–2024 (Kiloton)
Table 20 Scenario 2: 1,3-Propanediol Market Size in PTT, By Region, 2017–2024 (USD Million)
Table 21 Recent Activities in 1,3-Propanediol Market in Cosmetics, Personal Care, and Cleaning Products Application
Table 22 Scenario 1: 1,3-Propanediol Market Size in Cosmetics, Personal Care, and Cleaning Products, 2017–2024 (Volume & Value)
Table 23 Scenario 2: 1,3-Propanediol Market Size in Cosmetics, Personal Care, and Cleaning Products, 2017–2024 (Volume & Value)
Table 24 Scenario 1: 1,3-Propanediol Market Size in Cosmetics, Personal Care, and Cleaning Products, By Region, 2017–2024 (Kiloton)
Table 25 Scenario 1: 1,3-Propanediol Market Size in Cosmetics, Personal Care, and Cleaning Products, By Region, 2017–2024 (USD Million)
Table 26 Scenario 2: 1,3-Propanediol Market Size in Cosmetics, Personal Care and Cleaning Products, By Region, 2017–2024 (Kiloton)
Table 27 Scenario 2: 1,3-Propanediol Market Size in Cosmetics, Personal Care, and Cleaning Products, By Region, 2017–2024 (USD Million)
Table 28 Recent Activities in 1,3-Propanediol Market in Pu Application
Table 29 Scenario 1: 1,3-Propanediol Market Size in Pu, 2017–2024 (Volume & Value)
Table 30 Scenario 2: 1,3-Propanediol Market Size in Pu, 2017–2024 (Volume & Value)
Table 31 Scenario 1: 1,3-Propanediol Market Size in Pu, By Region, 2017–2024 (Kiloton)
Table 32 Scenario 1: 1,3-Propanediol Market Size in Pu, By Region, 2017–2024 (USD Million)
Table 33 Scenario 2: 1,3-Propanediol Market Size in Pu, By Region, 2017–2024 (Kiloton)
Table 34 Scenario 2: 1,3-Propanediol Market Size in Pu, By Region, 2017–2024 (USD Million)
Table 35 Recent Activities in 1,3-Propanediol Market in Other Applications
Table 36 Scenario 1: 1,3-Propanediol Market Size in Other Applications, 2017–2024 (Volume & Value)
Table 37 Scenario 2: 1,3-Propanediol Market Size in Other Applications, 2017–2024 (Volume & Value)
Table 38 Scenario 1: 1,3-Propanediol Market Size in Other Applications, By Region, 2017–2024 (Kiloton)
Table 39 Scenario 1: 1,3-Propanediol Market Size in Other Applications, By Region, 2017–2024 (USD Million)
Table 40 Scenario 2: 1,3-Propanediol Market Size in Other Applications, By Region, 2017–2024 (Kiloton)
Table 41 Scenario 2: 1,3-Propanediol Market Size in Other Applications, By Region, 2017–2024 (USD Million)
Table 42 Sceanrio 1: 1,3-Propanediol Market Size, 2017–2024 (Volume & Value)
Table 43 Sceanrio 2: 1,3-Propanediol Market Size, 2017–2024 (Volume & Value)
Table 44 Scenario 1: 1,3-Propanediol Market Size, By Region, 2017–2024 (Kiloton)
Table 45 Scenario 1: 1,3-Propanediol Market Size, By Region, 2017–2024 (USD Million)
Table 46 Scenario 2: 1,3-Propanediol Market Size, By Region, 2017–2024 (Kiloton)
Table 47 Scenario 2: 1,3-Propanediol Market Size, By Region, 2017–2024 (USD Million)
Table 48 Scenario 1: Americas 1,3-Propanediol Market Size, 2017–2024 (Volume & Value)
Table 49 Scenario 2: Americas 1,3-Propanediol Market Size, 2017–2024 (Volume & Value)
Table 50 Scenario 1: Americas 1,3-Propanediol Market Size, By Application, 2017–2024 (Kiloton)
Table 51 Scenario 1: Americas 1,3-Propanediol Market Size, By Application, 2017–2024 (USD Million)
Table 52 Scenario 2: Americas 1,3-Propanediol Market Size, By Application, 2017–2024 (Kiloton)
Table 53 Scenario 2: Americas 1,3-Propanediol Market Size, By Application, 2017–2024 (USD Million)
Table 54 Scenario 1: APAC 1,3-Propanediol Market Size, 2017–2024 (Volume & Value)
Table 55 Scenario 2: APAC 1,3-Propanediol Market Size, 2017–2024 (Volume & Value)
Table 56 Scenario 1: APAC 1,3-Propanediol Market Size, By Application, 2017–2024 (Kiloton)
Table 57 Scenario 1: APAC 1,3-Propanediol Market Size, By Application, 2017–2024 (USD Million)
Table 58 Scenario 2: APAC 1,3-Propanediol Market Size, By Application, 2017–2024 (Kiloton)
Table 59 Scenario 2: APAC 1,3-Propanediol Market Size, By Application, 2017–2024 (USD Million)
Table 60 Scenario 1: Emea 1,3-Propanediol Market Size, 2017–2024 (Volume & Value)
Table 61 Scenario 2: Emea 1,3-Propanediol Market Size, 2017–2024 (Volume & Value)
Table 62 Scenario 1: Emea 1,3-Propanediol Market Size, By Application, 2017–2024 (Kiloton)
Table 63 Scenario 1: Emea 1,3-Propanediol Market Size, By Application, 2017–2024 (USD Million)
Table 64 Scenario 2: Emea 1,3-Propanediol Market Size, By Application, 2017–2024 (Kiloton)
Table 65 Scenario 2: Emea 1,3-Propanediol Market Size, By Application, 2017–2024 (USD Million)
Table 66 Expansion, 2014–2019
Table 67 Innovation, 2014–2019
Table 68 Partnership, 2014–2019


List of Figures (27 Figures)

Figure 1 Market Segmentation
Figure 2 1,3-Propanediol Market: Bottom-Up Approach
Figure 3 1,3-Propanediol Market: Top-Down Approach
Figure 4 PTT Accounted for the Largest Share of the 1,3-Propanediol MarketIn 2018
Figure 5 Americas Accounted for the Largest Share of 1,3-Propanediol Market in 2018
Figure 6 Growing Demand for PTT to Drive the 1,3-Propanediol Market
Figure 7 APAC to Be the Fastest-Growing 1,3-Propanediol Market
Figure 8 PTT Accounted for the Largest Market Share in 2018
Figure 9 PTT Was the Largest Application of 1,3-Propanediol in Americas and APAC
Figure 10 1,3-Propandediol Production Trend: Increased Focus on Bioprocessing
Figure 11 Drivers, Restraints, Opportunities, and Challenges in the 1,3-Propanediol Market
Figure 12 Greenhouse Gas Emissions: Bio-Based PDO has Lowest Emission
Figure 13 Non-Renewable Energy Consumption: Bio-Based PDO Production has Lowest Energy Consumption
Figure 14 Threat of New Players Entering the 1,3-Propanediol Market Likely to Be Significant
Figure 15 PTT Application Segment to Lead the Overall 1,3-Propanediol Market
Figure 16 Manufacturing Process of Bio-PTT
Figure 17 Americas to Lead the 1,3-Propanediol Market in PTT Application
Figure 18 Emea to Lead the 1,3-Propanediol Market in Cosmetics, Personal Care, and Cleaning Products Application
Figure 19 APAC to Be the Fastest-Growing Market for 1,3-Propanediol in Pu Application
Figure 20 APAC to Be the Fastest-Growing Market for 1,3-Propanediol in Other Applications Segment
Figure 21 Americas to Be the Largest 1,3-Propanediol Market During the Forecast Period
Figure 22 Americas: 1,3-Propanediol Market Snapshot
Figure 23 APAC: 1,3-Propanediol Market Snapshot
Figure 24 Emea: 1,3-Propanediol Market Snapshot
Figure 25 Expansion Was the Key Growth Strategy Adopted By the Market Players Between 2014 and 2019
Figure 26 Dupont Tate & Lyle Bio Products Company, LLC: SWOT Analysis
Figure 27 Merck KGgA: Company Snapshot

The study involved four major activities for estimating the market size for 1,3-propanediol. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, the market breakdown and data triangulation procedures were used to estimate the market size of the segments and subsegments.

Secondary Research

Secondary sources used in this study included annual reports, sustainability report, press releases, and investor presentations of companies; white papers; certified publications; articles from recognized authors; and gold standard & silver standard websites such as Factiva, ICIS, Bloomberg, United Nations Statistical Commission, National Corn Growers Association, and United States Department of Agriculture (USDA). Findings of this study were verified through primary research by conducting extensive interviews with key officials such as CEOs, VPs, directors, and other executives.

Primary Research

The 1,3-propanediol market comprises several stakeholders, such as raw material suppliers, end-product manufacturers, and regulatory organizations in the supply chain. The demand side of this market is characterized by the development of polytrimethylene terephthalate (PTT); polyurethane (PU); cosmetics, personal care, cleaning products; and other applications. The supply side is characterized by advancements in technology and diverse end-use applications. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.

The breakdown of profiles of the primary interviewees is illustrated in the figure below:

1, 3-Propanediol Market, PDO Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both the top-down and bottom-up approaches were used to estimate and validate the total size of the 1,3-propanediol market. These methods were also used extensively to estimate the size of the market in each application. The research methodology used to estimate the market size includes the following:

The key players in the industry were identified through extensive secondary research.

  • The industry’s supply chain and market size, in terms of value and volume, were determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size&-using the market size estimation processes as explained above&-the market was split into several segments. To complete the overall market engineering process and arrive at the exact statistics of each segment, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.

Report Objectives

  • To analyze and forecast the size of the 1,3-propanediol market in terms of value and volume
  • To provide detailed information regarding key factors such as drivers, restraints, and opportunities influencing the growth of the market
  • To define, describe, and segment the 1,3-propanediol market based on application
  • To forecast the size of the market for regions such as APAC, the Americas, and Europe, Middle East & Africa
  • To strategically analyze the segmented markets with respect to individual growth trends, prospects, and contribution to the overall market
  • To identify and analyze opportunities for stakeholders in the market
  • To analyze competitive developments such as expansion, innovation, and partnership in the 1,3-propanediol market
  • To strategically profile key players and comprehensively analyze their core competencies

Available Customizations

Along with the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Regional Analysis

  • Further breakdown of a region with respect to a particular country or application

Company Information

  • Detailed analysis and profiles of additional market players (up to five)
Report Code
CH 3091
Published ON
Aug, 2019
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