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Bio-Based 1,3-Propanediol Market to Witness Widespread Huge Expansion at CAGR of 24.5% From 2023-2029 | Huafeng Group (DuPont), Tsing Da Zhi Xing, Zhangjiagang Meirong Chemical Industry Co., Ltd.

08-25-2023 03:46 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: QYResearch Inc.

Bio-Based 1,3-Propanediol Market

Bio-Based 1,3-Propanediol Market

Market Introduction: - Introduce the Bio-Based 1,3-Propanediol sector, its significance, and its role in various industries. Outline the purpose and scope of the report, explaining the areas that will be covered and the methodologies used. The Bio-Based 1,3-Propanediol Market Research Report serves as a comprehensive guide for conducting in-depth analyses of Bio-Based 1,3-Propanediol industries. This Report outlines the essential components necessary to create a thorough market research report, assisting professionals in making informed decisions and strategies. Covering market trends, competitive landscape, growth drivers, challenges, and future projections, this template ensures a structured approach to understanding and evaluating the Bio-Based 1,3-Propanediol market dynamics.

The global Bio-Based 1,3-Propanediol revenue was US$ 482.9 million in 2022 and is forecast to a readjusted size of US$ 2325.3 million by 2029 with a CAGR of 24.5% during the forecast period (2023-2029).

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Bio-based 1,3-propanediol (PDO), a colorless, odorless, hygroscopic, transparent viscous liquid, is widely used in cosmetics, pharmaceutical intermediates, PTT polyesters, coatings, lubricants, inks, fatty acid esters, acrylates and other fields. Its most important use is polymerization with terephthalic acid (PTA) to produce poly(propylene terephthalate) (PTT).

The major global producers of bio-based 1,3-propanediol are DuPont, Tsing Da Zhi Xing, Zhangjiagang Meirong Chemical Industry Co., Ltd. and Jiangsu Shenghong (Suzhou Suzhen Biological Engineering Co., Ltd.), occupying more than 90% of the market share in total, among which the largest producer is Jiangsu Shenghong (Suzhou Suzhen Biological Engineering Co., Ltd.) In terms of its product categories, bio-based 1,3-propanediol prepared by glucose conversion method has a higher market share of over 90%, while biodiesel conversion method has a lower share. In terms of its applications, the PPT polyester industry is its top application area with a market share of nearly 80%; the cosmetics industry has a fast growing trend in size at 28.14%.

Market Overview: -

Offer a comprehensive view of the Bio-Based 1,3-Propanediol market, detailing its historical development, current state, and projected future trends. Include data on market size, segmentation, and major geographic regions. It encompasses a wide range of products, such as industrial chemicals, polymers, plastics, specialty chemicals, paints and coatings, adhesives, metals, ceramics, and composites. The Bio-Based 1,3-Propanediol market is one of the largest and fastest-growing industries globally. Its growth is driven by factors such as increasing population, urbanization, industrialization, and technological advancements.

The report focuses on the major players that are in operation within the market and their competitive landscape present in the market. The report includes an inventory of initiatives taken by the businesses within the past years. The report has mentioned growth parameters in the regional markets along with major players dominating the regional growth such as North America, Europe, China, Japan, Southeast Asia and India.

Competitive Landscape: -

Analyze the competitive dynamics of the Bio-Based 1,3-Propanediol market by identifying key players, their market shares, and strategies. Highlight their strengths and weaknesses, recent developments, partnerships, mergers, and acquisitions.

Huafeng Group (DuPont)
Tsing Da Zhi Xing
Zhangjiagang Meirong Chemical Industry Co., Ltd.
Jiangsu Shenghong (Suzhou Suzhen Biological Engineering Co., Ltd.)

Market Segmentation:-

Divide the Bio-Based 1,3-Propanediol market into meaningful segments based on factors like product type, application, end-user industry, and geography. Provide detailed insights into each segment's size, growth rate, trends, and challenges.

Segment by Type
Glucose Conversion
Biodiesel Conversion

Segment by Application
PTT Polyester
Cosmetic
Pharmaceutical
Other

Market Drivers: Identify and elaborate on the factors that are propelling Bio-Based 1,3-Propanediol market growth. These could include technological advancements, rising demand from various industries, regulatory changes, and shifting consumer preferences.

Market Challenges: Discuss the obstacles and challenges hindering the Bio-Based 1,3-Propanediol market's growth potential. This could encompass regulatory hurdles, environmental concerns, economic fluctuations, and supply chain disruptions.

Market Trends: Highlight the latest trends shaping the Bio-Based 1,3-Propanediol market. This might encompass sustainable and eco-friendly materials, digitization and automation, and evolving R&D practices.

Market Opportunities: Identify untapped opportunities within the Bio-Based 1,3-Propanediol sector. This could involve niche markets, emerging applications, or gaps in the current product offerings.

Market Outlook: Provide a forward-looking perspective on the Bio-Based 1,3-Propanediol market. Discuss potential growth trajectories, emerging technologies, and anticipated shifts in demand and supply dynamics.

Research Methodology: Detail the methodologies employed to gather and analyze data. This might involve primary research (interviews, surveys) and secondary research (industry reports, databases).

Regional Analysis: -

Examine the market's performance across different geographic regions. Compare and contrast factors influencing Bio-Based 1,3-Propanediol market dynamics, including cultural preferences, regulatory landscapes, and economic conditions.

Asia-Pacific: The Asia-Pacific region dominates the Bio-Based 1,3-Propanediol market, driven by rapid industrialization in countries like China and India. The region benefits from low-cost labor, favorable government policies, and rising consumer demand.

North America: The North American Bio-Based 1,3-Propanediol market is characterized by technological advancements, a focus on sustainability, and the presence of key players. The United States leads in chemical production, with a strong emphasis on research and development.

Europe: Europe has a mature Bio-Based 1,3-Propanediol industry, with a focus on eco-friendly and sustainable practices. The region's stringent regulations drive innovation in green chemistry and bio-based materials.

Latin America and Middle East/Africa: These regions offer significant growth opportunities due to expanding industrial sectors, favorable investment policies, and increasing consumer demand.

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Table of Content

1 Study Coverage
1.1 Bio-Based 1,3-Propanediol Product Introduction
1.2 Global Bio-Based 1,3-Propanediol Outlook 2018 VS 2022 VS 2029
1.2.1 Global Bio-Based 1,3-Propanediol Sales in US$ Million for the Year 2018-2029
1.2.2 Global Bio-Based 1,3-Propanediol Sales in Volume for the Year 2018-2029
1.3 United States Bio-Based 1,3-Propanediol Outlook 2018 VS 2022 VS 2029
1.3.1 United States Bio-Based 1,3-Propanediol Sales in US$ Million for the Year 2018-2029
1.3.2 United States Bio-Based 1,3-Propanediol Sales in Volume for the Year 2018-2029
1.4 Bio-Based 1,3-Propanediol Market Size, United States VS Global, 2018 VS 2022 VS 2029
1.4.1 The Market Share of United States Bio-Based 1,3-Propanediol in Global, 2018 VS 2022 VS 2029
1.4.2 The Growth Rate of Bio-Based 1,3-Propanediol Market Size, United States VS Global, 2018 VS 2022 VS 2029
1.5 Bio-Based 1,3-Propanediol Market Dynamics
1.5.1 Bio-Based 1,3-Propanediol Industry Trends
1.5.2 Bio-Based 1,3-Propanediol Market Drivers
1.5.3 Bio-Based 1,3-Propanediol Market Challenges
1.5.4 Bio-Based 1,3-Propanediol Market Restraints
1.6 Study Objectives
1.7 Years Considered
1.8 Years Considered

2 Bio-Based 1,3-Propanediol by Type
2.1 Bio-Based 1,3-Propanediol Market Segment by Type
2.1.1 Glucose Conversion
2.1.2 Biodiesel Conversion
2.2 Global Bio-Based 1,3-Propanediol Market Size by Type
2.2.1 Global Bio-Based 1,3-Propanediol Sales in Value, by Type (2018, 2022 & 2029)
2.2.2 Global Bio-Based 1,3-Propanediol Sales in Volume, by Type (2018, 2022 & 2029)
2.2.3 Global Bio-Based 1,3-Propanediol Average Selling Price (ASP) by Type (2018, 2022 & 2029)
2.3 United States Bio-Based 1,3-Propanediol Market Size by Type
2.3.1 United States Bio-Based 1,3-Propanediol Sales in Value, by Type (2018, 2022 & 2029)
2.3.2 United States Bio-Based 1,3-Propanediol Sales in Volume, by Type (2018, 2022 & 2029)
2.3.3 United States Bio-Based 1,3-Propanediol Average Selling Price (ASP) by Type (2018, 2022 & 2029)

3 Bio-Based 1,3-Propanediol by Application
3.1 Bio-Based 1,3-Propanediol Market Segment by Application
3.1.1 PTT Polyester
3.1.2 Cosmetic
3.1.3 Pharmaceutical
3.1.4 Other
3.2 Global Bio-Based 1,3-Propanediol Market Size by Application
3.2.1 Global Bio-Based 1,3-Propanediol Sales in Value, by Application (2018, 2022 & 2029)
3.2.2 Global Bio-Based 1,3-Propanediol Sales in Volume, by Application (2018, 2022 & 2029)
3.3.3 Global Bio-Based 1,3-Propanediol Average Selling Price (ASP) by Application (2018, 2022 & 2029)
3.3 United States Bio-Based 1,3-Propanediol Market Size by Application
3.3.1 United States Bio-Based 1,3-Propanediol Sales in Value, by Application (2018, 2022 & 2029)
3.3.2 United States Bio-Based 1,3-Propanediol Sales in Volume, by Application (2018, 2022 & 2029)
3.3.3 United States Bio-Based 1,3-Propanediol Average Selling Price (ASP) by Application (2018, 2022 & 2029)

4 Global Bio-Based 1,3-Propanediol Competitor Landscape by Company
4.1 Global Bio-Based 1,3-Propanediol Market Size by Company
4.1.1 Global Key Manufacturers of Bio-Based 1,3-Propanediol, Ranked by Revenue (2022)
4.1.2 Global Bio-Based 1,3-Propanediol Revenue by Manufacturer (2018-2023)
4.1.3 Global Bio-Based 1,3-Propanediol Sales by Manufacturer (2018-2023)
4.1.4 Global Bio-Based 1,3-Propanediol Price by Manufacturer (2018-2023)
4.2 Global Bio-Based 1,3-Propanediol Concentration Ratio (CR)
4.2.1 Bio-Based 1,3-Propanediol Market Concentration Ratio (CR)
4.2.2 Global Top 5 and Top 10 Largest Manufacturers of Bio-Based 1,3-Propanediol in 2022
4.2.3 Global Bio-Based 1,3-Propanediol Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.3 Global Key Manufacturers of Bio-Based 1,3-Propanediol, Manufacturing Base Distribution and Headquarters
4.4 Global Key Manufacturers of Bio-Based 1,3-Propanediol, Product Offered and Application
4.5 Global Key Manufacturers of Bio-Based 1,3-Propanediol, Date of Enter into This Industry
4.6 Manufacturers Mergers & Acquisitions, Expansion Plans
4.7 United States Bio-Based 1,3-Propanediol Market Size by Company
4.7.1 Key Players of Bio-Based 1,3-Propanediol in United States, Ranked by Revenue (2022)
4.7.2 United States Bio-Based 1,3-Propanediol Revenue by Players (2018-2023)
4.7.3 United States Bio-Based 1,3-Propanediol Sales by Players (2018-2023)

5 Global Bio-Based 1,3-Propanediol Market Size by Region
5.1 Global Bio-Based 1,3-Propanediol Market Size by Region: 2018 VS 2022 VS 2029
5.2 Global Bio-Based 1,3-Propanediol Market Size in Volume by Region (2018-2029)
5.2.1 Global Bio-Based 1,3-Propanediol Sales in Volume by Region: 2018-2023
5.2.2 Global Bio-Based 1,3-Propanediol Sales in Volume Forecast by Region (2024-2029)
5.3 Global Bio-Based 1,3-Propanediol Market Size in Value by Region (2018-2029)
5.3.1 Global Bio-Based 1,3-Propanediol Sales in Value by Region: 2018-2023
5.3.2 Global Bio-Based 1,3-Propanediol Sales in Value by Region: 2024-2029

6 Americas
6.1 Americas Bio-Based 1,3-Propanediol Market Size YoY Growth 2018-2029
6.2 Americas Bio-Based 1,3-Propanediol Sales in Volume, by Type (2018, 2022 & 2029)
6.3 Americas Bio-Based 1,3-Propanediol Sales in Volume, by Application (2018, 2022 & 2029)
6.4 Americas Bio-Based 1,3-Propanediol Market Facts & Figures by Country (2018, 2022 & 2029)
6.4.1 Americas Bio-Based 1,3-Propanediol Sales in Value by Country (2018, 2022 & 2029)
6.4.2 Americas Bio-Based 1,3-Propanediol Sales in Volume by Country (2018, 2022 & 2029)
6.4.3 United States
6.4.4 Canada
6.4.5 Mexico
6.4.6 Brazil

7 EMEA
7.1 EMEA Bio-Based 1,3-Propanediol Market Size YoY Growth 2018-2029
7.2 EMEA Bio-Based 1,3-Propanediol Sales in Volume, by Type (2018, 2022 & 2029)
7.3 EMEA Bio-Based 1,3-Propanediol Sales in Volume, by Application (2018, 2022 & 2029)
7.4 EMEA Bio-Based 1,3-Propanediol Market Facts & Figures by Country (2018, 2022 & 2029)
7.4.1 EMEA Bio-Based 1,3-Propanediol Sales in Value by Country (2018, 2022 & 2029)
7.4.2 EMEA Bio-Based 1,3-Propanediol Sales in Volume by Country (2018, 2022 & 2029)
7.4.3 Europe
7.4.4 Middle East
7.4.5 Africa

8 China
8.1 China Bio-Based 1,3-Propanediol Market Size YoY Growth 2018-2029
8.2 China Bio-Based 1,3-Propanediol Sales in Volume, by Type (2018, 2022 & 2029)
8.3 China Bio-Based 1,3-Propanediol Sales in Volume, by Application (2018, 2022 & 2029)

9 APAC
9.1 APAC Bio-Based 1,3-Propanediol Market Size YoY Growth 2018-2029
9.2 APAC Bio-Based 1,3-Propanediol Sales in Volume, by Type (2018, 2022 & 2029)
9.3 APAC Bio-Based 1,3-Propanediol Sales in Volume, by Application (2018, 2022 & 2029)
9.4 APAC Bio-Based 1,3-Propanediol Market Facts & Figures by Region (2018, 2022 & 2029)
9.4.1 APAC Bio-Based 1,3-Propanediol Sales in Value by Region (2018, 2022 & 2029)
9.4.2 APAC Bio-Based 1,3-Propanediol Sales in Volume by Region (2018, 2022 & 2029)
9.4.3 Japan
9.4.4 South Korea
9.4.5 China Taiwan
9.4.6 Southeast Asia
9.4.7 India

10 Company Profiles
10.1 Huafeng Group (DuPont)
10.1.1 Huafeng Group (DuPont) Company Information
10.1.2 Huafeng Group (DuPont) Description and Business Overview
10.1.3 Huafeng Group (DuPont) Bio-Based 1,3-Propanediol Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Huafeng Group (DuPont) Bio-Based 1,3-Propanediol Products Offered
10.1.5 Huafeng Group (DuPont) Recent Development
10.2 Tsing Da Zhi Xing
10.2.1 Tsing Da Zhi Xing Company Information
10.2.2 Tsing Da Zhi Xing Description and Business Overview
10.2.3 Tsing Da Zhi Xing Bio-Based 1,3-Propanediol Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Tsing Da Zhi Xing Bio-Based 1,3-Propanediol Products Offered
10.2.5 Tsing Da Zhi Xing Recent Development
10.3 Zhangjiagang Meirong Chemical Industry Co., Ltd.
10.3.1 Zhangjiagang Meirong Chemical Industry Co., Ltd. Company Information
10.3.2 Zhangjiagang Meirong Chemical Industry Co., Ltd. Description and Business Overview
10.3.3 Zhangjiagang Meirong Chemical Industry Co., Ltd. Bio-Based 1,3-Propanediol Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Zhangjiagang Meirong Chemical Industry Co., Ltd. Bio-Based 1,3-Propanediol Products Offered
10.3.5 Zhangjiagang Meirong Chemical Industry Co., Ltd. Recent Development
10.4 Jiangsu Shenghong (Suzhou Suzhen Biological Engineering Co., Ltd.)
10.4.1 Jiangsu Shenghong (Suzhou Suzhen Biological Engineering Co., Ltd.) Company Information
10.4.2 Jiangsu Shenghong (Suzhou Suzhen Biological Engineering Co., Ltd.) Description and Business Overview
10.4.3 Jiangsu Shenghong (Suzhou Suzhen Biological Engineering Co., Ltd.) Bio-Based 1,3-Propanediol Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Jiangsu Shenghong (Suzhou Suzhen Biological Engineering Co., Ltd.) Bio-Based 1,3-Propanediol Products Offered
10.4.5 Jiangsu Shenghong (Suzhou Suzhen Biological Engineering Co., Ltd.) Recent Development

11 Industry Chain and Sales Channels Analysis
11.1 Bio-Based 1,3-Propanediol Industry Chain Analysis
11.2 Bio-Based 1,3-Propanediol Key Raw Materials
11.2.1 Key Raw Materials
11.2.2 Raw Materials Key Suppliers
11.3 Bio-Based 1,3-Propanediol Production Mode & Process
11.4 Bio-Based 1,3-Propanediol Sales and Marketing
11.4.1 Bio-Based 1,3-Propanediol Sales Channels
11.4.2 Bio-Based 1,3-Propanediol Distributors
11.5 Bio-Based 1,3-Propanediol Customers

12 Research Findings and Conclusion

13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Author Details
13.3 Disclaimer

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