1 3 Propanediol PDO Market was valued at USD 1.20 Billion in 2022 and is projected to reach USD 2.30 Billion by 2030, growing at a CAGR of 8.70% from 2024 to 2030.
The global 1,3-Propanediol (PDO) market was valued at approximately USD 1.5 billion in 2022, with a compound annual growth rate (CAGR) of around 7.5% projected from 2023 to 2030. The market's growth is driven by the increasing demand for PDO in applications such as cosmetics, personal care, and pharmaceuticals, where its biodegradable and non-toxic properties are highly valued. The burgeoning interest in sustainable and eco-friendly products further fuels the expansion of the PDO market, creating significant opportunities for companies to innovate and capture market share.
Emerging markets in Asia-Pacific, particularly in countries like China and India, are witnessing rapid industrialization and urbanization, presenting substantial growth prospects for PDO. The rising consumer awareness about green products and stringent environmental regulations are expected to enhance the demand for PDO in these regions. Additionally, advancements in production technologies and a shift towards renewable raw materials are likely to open new avenues for PDO applications, potentially driving market growth to new heights.
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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 Global 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
Global (United States, Global 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 Global 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. Global 1 3 Propanediol PDO Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global 1 3 Propanediol PDO Market, By Type
6. Global 1 3 Propanediol PDO Market, By Application
7. Global 1 3 Propanediol PDO Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global 1 3 Propanediol PDO Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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