1, 3-Propanediol Market
1, 3-Propanediol Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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1, 3-Propanediol Market Size and Growth
The 1,3-Propanediol market is experiencing significant growth, driven by increasing demand in various applications, including automotive, cosmetics, and food industries. As of 2023, the market size is estimated at approximately $1.2 billion, with a projected annual growth rate of over 7% due to rising sustainability trends and bio-based product adoption. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ DuPont
◍ Metabolic Explorer
◍ Zhangjiagang Glory Biomaterial
◍ Zouping Mingxing Chemical
◍ Shell
◍ Shanghai Jinjinle Industry
◍ Salicylates And Chemicals
◍ Chongqing Kunlun Chemical
The 1,3-Propanediol market features key players like DuPont and Metabolic Explorer, focused on sustainable production methods. Companies such as Zhangjiagang Glory Biomaterial and Shell leverage bioprocessing technologies, enhancing market growth. Sales figures indicate significant revenue contributions, though specific values are proprietary and not disclosed in this summary.
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Market Segmentation
By Application
◍ Polytrimethylene Terephthalate (PTT)
◍ Polyurethane
◍ Cosmetic And Personal Care
◍ Engine Coolants
◍ Heat Transfer Fluid
◍ De-Icing Fluid
◍ Others
By Product
◍ Bio-Based PDO
◍ Petrochemical-Based PDO
Market Growth
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$ X Billion USD
