North America 1 3 Propanediol PDO Market was valued at USD 0.15 Billion in 2022 and is projected to reach USD 0.30 Billion by 2030, growing at a CAGR of 9.00% from 2024 to 2030.
The North American 1,3 Propanediol (PDO) market is witnessing significant growth due to its wide range of applications across various industries. PDO, a sustainable and versatile compound, is primarily used in the production of bio-based products such as cosmetics, personal care items, and biodegradable plastics. As businesses become increasingly eco-conscious, the demand for PDO is expected to rise, driven by its renewable sourcing and sustainable production processes.
In the cosmetics and personal care sector, PDO plays a pivotal role as a humectant and solvent. It is commonly found in skin care products, shampoos, and deodorants, helping to retain moisture and provide a smooth, non-greasy texture. Its low toxicity and biodegradable nature make it a preferred choice for formulations targeting environmentally aware consumers.
The demand for PDO is also growing in the plastics industry, where it is used to produce polytrimethylene terephthalate (PTT), a material for textiles, automotive applications, and packaging. PTT offers superior properties such as increased strength, elasticity, and moisture resistance, making it an attractive alternative to conventional plastics.
Moreover, PDO is becoming increasingly important in the food and beverage sector. It serves as a food additive and is utilized in the production of flavors, fragrances, and other food-related applications. Its low caloric content and non-toxic properties are appealing to health-conscious consumers.
Other industries such as pharmaceuticals and agriculture are also exploring the benefits of PDO, with applications ranging from drug formulations to soil conditioners. As technological advancements continue, PDO’s versatility is anticipated to expand, further driving demand across a variety of sectors.
The growth of the North America 1,3 Propanediol PDO market is expected to continue as more industries adopt this sustainable and eco-friendly alternative in their production processes.
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Shell Chemicals LP
Metabolic-Explorer
Henan Tianguan
Chenneng
DuPont Tate & Lyle Bio Products
Glory Biomaterial
Shangdong Mingxing
DOW
TCI Chemicals
Shanghai Demao
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the North America 1 3 Propanediol PDO Market
Polytrimethylene Terephthalate (PTT)
Polyurethane (PU)
Personal Care & Detergents
Based on Types the Market is categorized into Below types that held the largest 1 3 Propanediol PDO market share In 2023.
Industrial
Lifestyle
North America (United States, North America and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the North America 1 3 Propanediol PDO Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. North America 1 3 Propanediol PDO Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. North America 1 3 Propanediol PDO Market, By Type
6. North America 1 3 Propanediol PDO Market, By Application
7. North America 1 3 Propanediol PDO Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. North America 1 3 Propanediol PDO Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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