The Americas is the largest market for 1,3-propanediol

1-3 Propanediol Market 1,3-Propanediol (PDO) Market by Application, Cosmetics, Personal Care & Cleaning Products, ,& Region) - Global Forecast to 2024

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Introduction • The 1,3-Propanediol market volume expected to grow from an estimated $310.5 million in 2014 to $621.2 million by 2021, with a CAGR of 10.4% between 2014 and 2021.

• Browse 75 market data tables and 43 figures spread through 102 pages and in-depth TOC on “1,3Propanediol (PDO) Market by Applications (PTT, Polyurethane, Cosmetic, Personal Care & Home Cleaning & Others) & Geography - Global Market Trends & Forecasts to 2021”.

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Industrial Insight • Increasing use of 1,3-propanediol in various applications such as polytrimethylene terephthalate (PTT), polyurethane (PU), cosmetics, personal care, and cleaning products is expected to drive the market growth.

• The Americas is the largest market for 1,3-propanediol, followed by APAC and Europe, Middle East & Africa. ❖The PTT application is projected to dominate the overall 1,3-propanediol market during the forecast period.

❖The growing demand for PTT in various applications, such as carpets and apparel, due to its longlasting, quick-drying, fade resistance, good stretch & recovery, and wrinkle resistance properties is driving its demand.

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Regional Insights o The Americas is expected to account for the largest share of the 1,3-propanediol during the forecast period, in terms of value. The presence of DuPont Tate & Lyle Bio Products Company, LLC, the largest manufacturer of 1,3-propanediol in the region has a positive impact on the market. o In addition, growing demand for 1,3-propanediol in applications such as cosmetics, personal care, cleaning products, and PTT in the region is increasing the demand for 1,3-propanediol.

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Key Players ▪ The key market players profiled in the report include as DuPont Tate & Lyle Bio Products Company, LLC (US), Zhangjiagang Glory Biomaterial Co., Ltd. (China), Haihang Industry Company Ltd. (China), Hunan Rivers Bioengineering Co., Ltd. (China), Zouping Mingxing Chemical Co., Ltd. (China), Tokyo Chemical Industry Co., Ltd. (Japan), Zhangjiagang Huamei Biomaterial Co., Ltd. (China), and Merck KGgA (Germany).

▪ In addition, players such as METabolic EXplorer (France) and Sheng Hong Group Holdings Ltd. (China) who are planning to enter 1,3-propanediol market have also been profiled.

▪ DuPont Tate & Lyle Bio Products Company, LLC (US) is the largest manufacturer of bio-based 1,3propanediol, globally. The company has a strong distribution network of in the Americas, Europe, Middle East & Africa (EMEA), and APAC. ▪ The company focuses on enhancing its geographic presence and is strengthening its foothold in the different regions through strategic alliances. The company is also concentrating on developing products for emerging end-use applications. It is partnering with end users for the development of products that effectively utilize bio-based 1,3-propanediol.

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