1,3- Propanediol Market Is Highly Monopolized as DuPont Tate & Lyle Bio Products
Increasing demand for polytrimethylene terephthalate (PTT) coupled with growing consumer awareness for bio-based products is expected to drive the global 1,3-propanediol market from 2013 to 2019. 1,3-propanediol (PDO) is a high value specialty chemical that is used in the synthesis of polymers. such as polyurethanes, polyesters and polyethers. Large volume of 1,3-propanediol produced is used as a building block to manufacture polytrimethylene terephthalate (PTT). 1,3-propanediol imparts unique features such as superior stretching and elastic recovery of nylon to PTT, which...
View full press release