Albany, NY -- (ReleaseWire) -- 07/10/2014 -- 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 to further boost market growth.
Global 1, 3-Propanediol market was valued at USD 235.9 million in 2012 and is expected to reach USD 683.2 million by 2019, growing at a CAGR of 16.6% from 2013 to 2019.
This report analyzes the global PDO market in terms of volume (kilo tons) and revenue (USD million) from 2012 to 2019. The report includes major driving and restraining factors for the PDO market and highlights opportunities for the market in the near future. It also comprises overall market attractiveness and analysis of company market share to get a comprehensive view about the market.
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The study segments the market based on applications of PDO as polytrimethylene terephthalate, polyurethane, personal care and detergents others, and each application is further analyzed according to the regional demand from 2012 to 2019. The major geographical regions considered in the report include North America, Europe, Asia Pacific and Rest of the World (RoW).
The report provides the overall competition in the market by Porter’s five forces model to study the impact of buyers, suppliers, new entrants, degree of competition and substitutes. The study also analyzes value chain components in order to study value addition at each stage. The report includes company profiles of key players in the market such as DuPont Tate & Lyle Bio Products, and Metabolic Explorer.
This report segments the global 1, 3-Propanediol market as follows:
Polytrimethylene terephthalate (PTT)
Personal care & detergents
Others (Including engine coolants, deicing fluid, heat transfer fluids, etc.)
1, 3-Propanediol Market: Regional Analysis
Rest of the World
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