1,3 Propanediol Market Likely To Attain US$ 1143.4 Million by 2030, With a CAGR of 11.5% from 2022 - 2030

The global 1,3 Propanediol Market was valued at USD 433.4 million in 2021. Looking forward, the market is projected to grow to USD 1143.4 million by 2030, exhibiting a compound annual growth rate (CAGR) of 11.5% over the forecast period from 2022 to 2030. The growing environmental worries and the unpredictability of their price are the primary factors propelling the market forward. Besides, glycerol is produced as a derivative in the course of the production of biodiesel, which is expected to affirmatively influence industry augmentation.

𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/industry-analysis/1-3-propanediol-market/request-for-sample

1,3 propanediol is an organic, green, propylene glycol option emanated from corn sugar, utilized as a humectant, hair, and skin conditioner, protective booster, and solvent with a weightless, greaseproof, moderately dry skin perception. 1,3 propanediol escalates hydration when utilized in hair and body commodities and, at 5%, accomplishes better than propylene glycol and butylene glycol. When integrated with glycerine, propanediol portrays a coactive impact that decreases the cohesiveness of glycerine while providing the advantages of escalated levels of hydration, which is pushing the 1,3 propanediol market forward. At magnitude up to 75% it portrays less probability to exasperate or sensitize skin.

𝐊𝐞𝐲 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬
The firms broadly carry the largest market share and dominate industry trends.

𝐊𝐞𝐲 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐢𝐧 𝐭𝐡𝐞 𝟏,𝟑 𝐩𝐫𝐨𝐩𝐚𝐧𝐞𝐝𝐢𝐨𝐥 𝐦𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞 𝐦𝐞𝐧𝐭𝐢𝐨𝐧𝐞𝐝 𝐛𝐞𝐥𝐨𝐰:
• Dupont De Numerous
• Haihang Industry Co. Ltd
• Hunan Rivers Bioengineering Co. Ltd
• METabolic Explorer
• Merck KGgA
• Shangdong Mingxing
• Tate & Lyle Bio Products Company
• Zouping Mingxing Chemical Company
• hangjiagang Huamei Biomaterial Limited

𝐀𝐜𝐜𝐞𝐬𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐩𝐨𝐫𝐭 𝐓𝐨𝐝𝐚𝐲: https://www.polarismarketresearch.com/buy/1404/2

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬 𝐚𝐧𝐝 𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬
The 1,3 propanediol market is propelled by several key factors. Firstly, its role as a key ingredient in the production of polytrimethylene terephthalate (PTT) fibers and resins has been pivotal. PTT, known for its superior mechanical properties and resilience, finds applications in textiles, automotive parts, and packaging materials. The demand for PTT continues to grow, thereby bolstering the market for 1,3 propanediol.
Bio-based PDO is derived from renewable sources such as corn sugar or glycerin, offering a more environmentally friendly alternative to its petroleum-derived counterpart.

𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞
Beyond PTT, 1,3 propanediol finds extensive application in the cosmetics and personal care industry. It is used as a humectant and solvent in skincare products, hair care formulations, and oral care products due to its moisturizing properties and ability to enhance product stability.
In addition to its industrial applications, PDO is also gaining traction in the pharmaceutical sector. It serves as a solvent in drug formulations and as an intermediate in the synthesis of active pharmaceutical ingredients (APIs), leveraging its chemical compatibility and low toxicity profile.

𝐃𝐢𝐯𝐞 𝐃𝐞𝐞𝐩 𝐢𝐧𝐭𝐨 𝐭𝐡𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/industry-analysis/1-3-propanediol-market

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬
• With a favorable administrative ambiance, especially in the U.S., to encourage bio-based chemicals covering the globe and advance strict directives commanding the usage of bio-based substances of biodiesel, North America is expected to encounter notable growth.

• Further, approving government directives and legislation connected to biodiesel is growing production in emerging nations. This will improve glycerol production, which will then reinforce the market's augmentation. To realize the surging demand in Asia Pacific, some businesses are establishing 1,3 propanediol production provisions in nations. Additionally, market sales will be pushed by the dilating automotive industry and surging funding for construction projects.

𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬 𝐚𝐧𝐝 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬
Despite its promising growth trajectory, the 1,3 propanediol market faces challenges related to price volatility of raw materials and the intensive capital requirements for setting up production facilities. However, ongoing research and development efforts aimed at optimizing production processes and exploring new applications present lucrative opportunities for market players.

𝐔𝐧𝐜𝐨𝐯𝐞𝐫 𝐎𝐮𝐫 𝐓𝐨𝐩 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:
𝐀𝐜𝐞𝐭𝐢𝐜 𝐀𝐜𝐢𝐝 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.polarismarketresearch.com/industry-analysis/acetic-acid-market

𝐀𝐜𝐨𝐮𝐬𝐭𝐢𝐜 𝐈𝐧𝐬𝐮𝐥𝐚𝐭𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.polarismarketresearch.com/industry-analysis/acoustic-insulation-market

𝐀𝐜𝐫𝐲𝐥𝐢𝐜 𝐀𝐜𝐢𝐝 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.polarismarketresearch.com/industry-analysis/acrylic-acid-market

𝐀𝐜𝐭𝐢𝐯𝐚𝐭𝐞𝐝 𝐀𝐥𝐮𝐦𝐢𝐧𝐚 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.polarismarketresearch.com/industry-analysis/activated-alumina-market

𝐀𝐜𝐭𝐢𝐯𝐚𝐭𝐞𝐝 𝐁𝐥𝐞𝐚𝐜𝐡𝐢𝐧𝐠 𝐄𝐚𝐫𝐭𝐡 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.polarismarketresearch.com/industry-analysis/activated-bleaching-earth-market

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