The report studies the historical data and offers crucial forecast estimations to assist the readers, investors, stakeholders, and businesses to formulate strategic investment plans
New York, NY -- (SBWIRE) -- 03/08/2021 -- 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.
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.
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The report further studies the significant trends and demands of the market in each key region of the market and analyzes the strategic steps and initiatives taken by the leading companies of the industry. Some of the major companies operating in the 1,3 Propanediol market and profiled in the report are:
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.
The research study further covers the expansion and scope of the market in the key geographies across the globe. It assesses the scope of the market on a global as well as country-wise level. The market is spread across the key regions that include: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report provides a comprehensive analysis of the production and consumption patterns, import and export ratio, supply and demand dynamics, key trends and demands, consumer behavior, and presence and operations of prominent players in each region of the market.
The report covers the assessment of the historical data of the market to offer key insights into the current and emerging trends in the business sphere. The report considers 2017-2018 as historical years, 2019 as the base year, and 2021-2027 as forecast years. The report also discusses in detail the mergers and acquisitions, collaborations, joint ventures, product launches, brand promotions, corporate and government deals, and partnerships occurring in the market.
The report further segments the market on the basis of product types and application spectrum offered by the market.
Application Outlook (Revenue: USD Million; Volume: Kilo Tons; 2016-2027)
Antifreezing & De-icing Agent
Adhesive & Laminates
Tonner & Coating
Sales Channel Outlook (Revenue: USD Million; Volume: Kilo Tons; 2016-2027)
Production Outlook (Revenue: USD Million; Volume: Kilo Tons; 2016-2027)
End-Use Verticals Outlook (Revenue: USD Million; Volume: Kilo Tons; 2016-2027)
Personal Care & Cosmetics
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Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2027
Chapter 3. Indicative Metrics
Chapter 4. 1,3 Propanediol Market Segmentation & Impact Analysis
4.1. 1,3 Propanediol Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
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The report is a qualitative and quantitative research study that offers key insights into the latest strategic steps and tactics undertaken by the industry players to gain a robust footing in the market. The report further offers strategic recommendations to the new and emerging players and established companies to help them overcome the barriers of the industry. The report also covers a comprehensive SWOT analysis and Porter's Five Forces analysis to offer a better understanding of the 1,3 Propanediol market and its competitive landscape.
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