PUBLISHER: TechNavio | PRODUCT CODE: 1515673
PUBLISHER: TechNavio | PRODUCT CODE: 1515673
The 1, 3-propanediol market is forecasted to grow by USD 615.6 mn during 2023-2028, accelerating at a CAGR of 15.2% during the forecast period. The report on the 1, 3-propanediol market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing polyester applications across various industries, growth of personal care and cosmetics industry, and growing environmental concerns.
Technavio's 1, 3-propanediol market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 12.87% |
CAGR | 15.2% |
Incremental Value | $615.6mn |
ByApplication
BySource
ByGeography
This study identifies the production of bio-based pdo from renewable raw materials as one of the prime reasons driving the 1, 3-propanediol market growth during the next few years. Also, increasing biodiesel production and augmented investment in r and d of pdo will lead to sizable demand in the market.
The report on the 1, 3-propanediol market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading 1, 3-propanediol market vendors that include Accela ChemBio Inc., ChemImpex International Inc., Connect Chemicals GmbH, Haihang Industry Co. Ltd., Hefei TNJ Chemical Industry Co. Ltd., Loba Chemie Pvt. Ltd., Merck KGaA, METabolic EXplorer SA, Shell plc, Spectrum Laboratory Products Inc., Tate and Lyle PLC, Thermo Fisher Scientific Inc., Tokyo Chemical Industry Co. Ltd., Toronto Research Chemicals Inc., and Zhangjiagang Glory Chemical Industry Co. Ltd.. Also, the 1, 3-propanediol market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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