1, 3-Propanediol Market Research Report - Forecast to 2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

1, 3-Propanediol Market Research Report- Forecast to 2023 The growing demand for 1, 3-Propanediol from various applications is expected to drive the growth of the market during the review period. The major applications of 1, 3-Propanediol are polytrimethylene terephthalate, polyurethane, cosmetics & personal care, household, engine coolants among others. The growing development of cosmetic & personal care industry across the globe is expected to boost the market during the forecast years. Moreover, the growing investment in research and development activities for the production of bio-based 1, 3-Propanediol is anticipated to be a major opportunity in the market. Among the various applications of the 1, 3-propanediol, the polytrimethylene terephthalate segment was anticipated to be the dominant segment in 2016 and is expected to show the same trend during the forecast years. The polyurethane segment is expected to witness the highest growth with a CAGR of over 4.5% during the assessed period. The growing demand for polytrimethylene terephthalate across various applications such as cosmetic & personal care, engine coolants, and de-icing fluid among other is substantially contributing to the growth of the segment. The Global 1, 3-Propanediol Market is spanned across five key regions: Europe, Asia Pacific, North America Latin America, and the Middle East & Africa. Among these, Asia Pacific is the fastest growing market during the forecast period. The growing population has increased the demand for cosmetics & personal care and household products, in turn, adding to the demand for 1, 3-Propanediol Market. North America followed by Europe is anticipated to be the largest markets during the given period. The developed automobile, cosmetic & personal care industry along with the growing shift towards biodiesel is positively contributing to the growth of the market. 1, 3-Propanediol Market - Overview

1, 3-Propanediol Market Research Report- Forecast to 2023 The Global 1, 3-Propanediol Market is segmented into application and region. On the basis of application, the global market of 1, 3-propanediol can be further segmented into polytrimethylene terephthalate, polyurethane, cosmetic & personal care, household, engine coolants, heat transfer fluid, de-icing fluid and others. On the basis of region, the Global 1, 3-Propanediol Market is bifurcated into Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa. Segmentation

1, 3-Propanediol Market Research Report- Forecast to 2023 Regional Analysis The 1,3 propanediol market is segmented across five regions: Europe, Asia Pacific, North America, Latin America, and the Middle East & Africa. Among these, North America was the leading region in 2016 and is expected to retain its dominance over the forecast period. The growing demand for PTT in the developed end use industries is expected to fuel the market growth during the review period. Moreover, the growing inclination towards the use of biobased products along with the prevalence of stringent environmental regulations has increased the production of biodiesel mainly in the U.S. and Canada, which, in turn surging the market growth of 1,3-propanediol. For instance, according to the U.S. Energy Information Administration, the production of biodiesel in the U.S. was 144 million gallons in 2016, and it increased to 148 million gallons in December The growing biodiesel production is expected to positively contribute to the market growth owing to the use of Glycerol (a byproduct of biodiesel production process) in the manufacturing of 1,3- propanediol. Asia Pacific is anticipated to be the fastest growing market during the forecast period. The growing demand for cosmetics & personal care and household care products is anticipated to boost the market growth. Furthermore, with the growing investment in the development of retail sector has made the availability of consumer goods easier, which, in turn, is surging the demand for 1,3-propanediol from the personal care and home care industry. Get Complete

1, 3-Propanediol Market Research Report- Forecast to 2023 Major Players in this Research 1, 3-Propanediol Market Prominent Players: DuPont Tate & Lyle Bio Products Company, LLC (U.S.) Metabolic Explorer SA (France) Zhangjiagang Glory Biomaterial Co. Ltd (China) Zouping Mingxing Chemical Co., Ltd (China) Royal Dutch Shell (Netherland) Shanghai Jinjinle Industry Co., Ltd (China) Zouping Mingxing Chemical Co.,Ltd (China) Salicylates And Chemicals Pvt. Ltd (India) Chongqing Kunlun Chemical Co., Ltd (China) Request a Sample

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