Global 1, 3-Propanediol Market Growing at a CAGR of 16.6% from 2013 to 2019
1, 3-propanediol (PDO) is a high value specialty chemical used as a monomer in the synthesis of polyesters, polyurethanes and polyethers. Increasing demand for polytrimethylene terephthalate (PTT) coupled with growing consumer awareness about bio-based products is expected to drive the global PDO market from 2013 to 2019. PDO imparts unique features such as superior stretching and elastic recovery of nylon to PTT, which is difficult to obtain from other glycol-based polyesters. Government initiatives and regulations in different countries are expected...
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