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1,3-Propanediol Market worth $621.2 Million by 2021
- 1. www.MarketsandMarkets.com 1,3-Propanediol (PDO) Market by Type ,Application - & by Region Global Trends & Forecast to 2021
- 2. 1,3-Propanediol (PDO) Market by Applications (PTT, Polyurethane, Cosmetic, Personal Care & Home Cleaning & Others) & Geography - Global Market Trends & Forecasts to 2021 The global 1,3-Propanediol market is estimated to register a CAGR of 10.4% between 2014 and 2021 PDF Brochure : http://www.marketsandmarkets.com/pdfdownload.asp?id=760
- 3. The 1,3-Propanediol market is projected to grow at a CAGR of 10.4% between 2014 and 2021, in terms of value. The largest application area of 1,3-Propanediol is poly trim ethylene terephthalate (PTT). The applications of 1,3- Propanediol are increasing. It is slowing replacing other feedstock chemicals. This is driving the growth of the market. Also, the adoption of bio-based chemicals to reduce harmful environmental effects is the current trend that is driving the 1,3-Propanediol market and is boosting the penetration into new application segments. Request for Customization : http://www.marketsandmarkets.com/requestCustomization .asp?id=760
- 4. The consumption of 1,3-Propanediol is the highest in the Americas region. The consumption of 1,3-PDO in the region accounted for approximately 75.0% of the total market in 2013 in terms of volume. The consumption of 1,3-PDO is driven by the PTT industry in the region. 1,3-PDO is an essential ingredient for the manufacture of PTT. The key player of the market DuPont Tate & Lyle is housed in the region. It is largest producer of 1,3-PDO and PTT. Its consumes majority of the 1,3-PDO manufactured for production of PTT. This is the main factor driving the growth of 1,3-PDO in the region. Inquiry before buying: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=760
- 5. The manufacturing technology of 1,3-Propanediol is patent protected. This restricts the entry of newer players in the market. The market has only a few players. Any breakthrough in the development of new technology will allow new players to enter the market. The key player in the market is DuPont Tate & Lyle Bio Products Company, LLC. It is the market leader and captures the majority of the 1,3-Propanediol market. The 1,3-propanediol market which is currently dominated by DuPont Tate & Lyle and is expected to witness entry of new players in the near future. There are few Chinese companies that are currently producing 1,3-PDO in insignificantly small amounts. The Asia-Pacific region is attracting new manufacturers owing to its domestic demand and low raw material and labor costs Request Sample @ http://www.marketsandmarkets.com/requestsample.asp?id=760
- 6. Scope of the Report The global 1,3-Propanediol market is analyzed in terms of volume (Tons) and value ($Million) by the classifications mentioned below: By Application Polytrimethylene terephthalate Polyurethane Cosmetics, personal care and cleaning products Others By Geography Asia-Pacific Americas Europe, Middle East & Africa Visit Report @ http://www.marketsandmarkets.com/Market-Reports/1-3- propanediol-pdo-market-760.html
- 7. Speak to analyst @ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=760
- 8. Key players Competitive developments of top players in the 1,3-Propanediol market have been discussed in detail. The leading players of this industry are DuPont Tate & Lyle Bio Products Company, LLC (U.S.), Metabolic Explorer SA (France) Zhangjiagang Glory Biomaterial Co. Ltd (China) and Zouping Mingxing Chemical Co., Ltd (China), and others have been profiled with their recent developments and other strategic industry activities.
- 9. Contact: Mr. Rohan Markets and Markets UNIT no 802, Tower no. 7, SEZ Magarpatta city, Hadapsar Pune, Maharashtra 411013, India 1-888-600-6441 Email: sales@marketsandmarkets.com
- 10. Thank You