Global 1,3-Propanediol(PDO) Market Insights and Forecast to 2028

1,3-Propanediol is the organic compound with the formula CH2(CH2OH)2. This three-carbon diol is a colorless viscous liquid that is miscible with water.
Market Analysis and Insights: Global 1,3-Propanediol(PDO) Market
Due to the COVID-19 pandemic, the global 1,3-Propanediol(PDO) market size is estimated to be worth US$ 454.1 million in 2022 and is forecast to a readjusted size of US$ 677.6 million by 2028 with a CAGR of 6.9% during the review period. Fully considering the economic change by this health crisis, Bio-based PDO accounting for % of the 1,3-Propanediol(PDO) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Polytrimethylene Terephthalate(PTT) segment is altered to an % CAGR throughout this forecast period.
1,3-Propanediol is used in manufacture of polytrimethylene terephthalate (PTT) and others.PTT emerged as the leading application segment and accounted for 68.4% of total market volume in 2017. Industry shift towards replacing conventional polyesters by PTT is expected to remain a key driving factor for this segment over the forecast period. Polyurethane is expected to be one of the fastest growing application segment at a CAGR of 6.3% from 2018 to 2025. Increasing PU penetration across automotive and construction industries is expected to drive the global market.
In terms of production side, this report researches the 1,3-Propanediol(PDO) capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of 1,3-Propanediol(PDO) by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global 1,3-Propanediol(PDO) Scope and Segment
1,3-Propanediol(PDO) market is segmented by Type and by Application. Players, stakeholders, and other participants in the global 1,3-Propanediol(PDO) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Bio-based PDO
Petrochemical Based PDO
Segment by Application
Polytrimethylene Terephthalate(PTT)
Others
By Company
DowDuPont
Shell
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

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