Bio-based 1,3-Propanediol Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Bio-based 1,3-Propanediol Market Size and Growth
The Bio-based 1,3-Propanediol market is experiencing robust growth, driven by rising demand for sustainable materials. With a market size valued at approximately USD 400 million in 2022, it is anticipated to expand at a CAGR of 12% through 2030, fueled by applications in textiles, personal care, and packaging industries.
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Companies Covered
(Covid 19 Impact Covered)
◍ DuPont
◍ Glory Biomaterial
◍ Shenghong Group
The bio-based 1,3-propanediol market features companies like DuPont, Glory Biomaterial, and Shenghong Group, which leverage sustainable production techniques to meet rising demand across industries. Their innovations enhance market growth through eco-friendly solutions. Specific sales revenue figures are proprietary, but these companies contribute significantly to the sustainability trend in chemical manufacturing.
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