1, 3-Propanediol Market Research Report - Forecast to 2023

1, 3-Propanediol Market Research Report - Forecast to 2023

ID: MRFR/CnM/4267-HCRR | September, 2018 | Region: Global | 139 pages | Half-Cooked Research Reports

Global 1, 3-Propanediol Market Research Report: By The Application (Polytrimethylene Terephthalate, Polyurethane, Cosmetics & Personal, Household And Others) – Forecast Till 2023


Synopsis of 1, 3-Propanediol Market


1, 3-propanediol is a class of specialty compounds, a colorless liquid that is miscible in water. These compounds can be produced either by hydration of acrolein or by hydroformylation of ethylene oxide. 1, 3-propanediol is mainly used as a feedstock in the production of various chemicals and materials. These high specialty compounds find its applications in the production of polytrimethylene terephthalate (PTT), polyurethane, cosmetics & personal care, and household cleaners. The other niche applications include engine coolants, de-icing fluid, and heat transfer fluid among others.  The growing demand for polytrimethylene terephthalate (PTT) in various end-use industries is anticipated to be the major factor driving the global 1, 3-propanediol market during the assessed period. Glycerol is a byproduct of the biodiesel production process, which is a prominent raw material in the production of 1, 3-propanediol. Hence, the growing production of biodiesel is expected to positively affect the growth of the global 1, 3-propanediol market. The volatility in crude oil prices along with the growing environmental regulations has resulted in investment in the research and development activities for the production of bio-based 1, 3-propanediol. This is anticipated to be a major opportunity for the market growth. Biobased 1, 3-propanediol is a FDA certified biobased product, which can be used in many applications such as functional & deicing fluid, coatings, cosmetic & personal care, home care, polymers, and fibers among others.  The global 1, 3-propanediol market is anticipated to grow at a CAGR of over 9% during the given period.  Among the various application segments in 1, 3-propanediol market, the polytrimethylene terephthalate (PTT) followed by polyurethane is dominating  the market and is anticipated to continue its dominance over the forecast period. polytrimethylene terephthalate (PTT) is extensively used in the production of cosmetic & personal care products, home care products, engine coolants, and heat transfer fluids among others, whereas polyurethane is mainly used in the building & construction and automobile industries.


The Global 1, 3-Propanediol Market share by application


1, 3-propanediol market share 


Source: MRFR analysis


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 2017.  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.  


The European market is anticipated to show a steady CAGR during the forecast period . The developed automobile and cosmetic & personal care industry is expected to be the key factor driving the market in this region. Moreover, the growing inclination towards the production of biodiesel is another factor increasing the demand for 1,3 propanediol in the region.


Segmental Analysis


The global 1,3 propanediol market is segmented into application and region. On the basis of the application, the global market of 1, 3-propanediol is further segmented into polytrimethylene terephthalate, polyurethane, cosmetic & personal care, household, engine coolants, heat transfer fluid, de-icing fluid and others. On the basis of the region, the global 1, 3-propanediol market is segmented into Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa.


Key Players


DuPont Tate & Lyle Bio Products Company, LLC (U.S.), Metabolic Explorer SA (France) Zhangjiagang Glory Biomaterial Co. Ltd (China) and 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), and Chongqing Kunlun Chemical Co., Ltd (China) among others.


Geographical Analysis


The report covers brief analysis of the major geographic regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.


Intended Audience



  • 1, 3-propanediol    market manufacturers

  • Traders and Distributors of 1, 3-propanediol   market

  • Production process industries

  • Potential investors

TABLE OF CONTENTS



1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Segment rivalry

4.2 Value Chain/Supply Chain of Global 1, 3-Propanediol Market

5 Industry Overview of Global 1, 3-Propanediol Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges



6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global 1, 3-Propanediol Market by Application

7.1 Introduction

7.2 Cosmetic and Personal Care

7.2.1 Market Estimates & Forecast, 2017-2023

7.2.2 Market Estimates & Forecast by Region, 2017-2023

7.3 Polytrimethylene Terephthalate

7.3.1 Market Estimates & Forecast, 2017-2023

7.3.2 Market Estimates & Forecast by Region, 2017-2023

7.4 Polyurethane

7.4.1 Market Estimates & Forecast, 2017-2023

7.4.2 Market Estimates & Forecast by Region, 2017-2023

7.5 Household

7.5.1 Market Estimates & Forecast, 2017-2023

7.5.2 Market Estimates & Forecast by Region, 2017-2023

7.6 Engine Coolants

7.6.1 Market Estimates & Forecast, 2017-2023

7.6.2 Market Estimates & Forecast by Region, 2017-2023

7.7 Heat Transfer Fluid

7.7.1 Market Estimates & Forecast, 2017-2023

7.7.2 Market Estimates & Forecast by Region, 2017-2023



7.8 De-Icing Fluid

7.8.1 Market Estimates & Forecast, 2017-2023

7.8.2 Market Estimates & Forecast by Region, 2017-2023

7.9 Others

7.9.1 Market Estimates & Forecast, 2017-2023

7.9.2 Market Estimates & Forecast by Region, 2017-2023



8. Global 1, 3-Propanediol Market by Region

8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast, 2017-2023

8.2.2 Market Estimates & Forecast by Application, 2017-2023

8.2.3 U.S.

8.2.3.1 Market Estimates & Forecast, 2017-2023

8.2.3.2 Market Estimates & Forecast by Application, 2017-2023

8.2.4 Canada

8.2.4.1 Market Estimates & Forecast, 2017-2023

8.2.4.2 Market Estimates & Forecast by Application, 2017-2023

8.2.5 Mexico

8.2.5.1 Market Estimates & Forecast, 2017-2023

8.2.5.2 Market Estimates & Forecast by Application, 2017-2023



8.3 Europe

8.3.1 Market Estimates & Forecast, 2017-2023

8.3.2 Market Estimates & Forecast by Application, 2017-2023



8.3.3 Germany

8.3.3.1 Market Estimates & Forecast, 2017-2023

8.3.3.2 Market Estimates & Forecast by Application, 2017-2023



8.3.4 Italy

8.3.4.1 Market Estimates & Forecast, 2017-2023

8.3.4.2 Market Estimates & Forecast by Application, 2017-2023



8.3.5 U.K

8.3.5.1 Market Estimates & Forecast, 2017-2023

8.3.5.2 Market Estimates & Forecast by Application, 2017-2023





8.4 Asia Pacific

8.4.1 Market Estimates & Forecast, 2017-2023

8.4.2 Market Estimates & Forecast by Application, 2017-2023



8.4.3 China

8.4.3.1 Market Estimates & Forecast, 2017-2023

8.4.3.2 Market Estimates & Forecast by Application, 2017-2023



8.4.4 India

8.4.4.1 Market Estimates & Forecast, 2017-2023

8.4.4.2 Market Estimates & Forecast by Application, 2017-2023





8.4.5 Japan

8.4.5.1 Market Estimates & Forecast, 2017-2023

8.4.5.2 Market Estimates & Forecast by Application, 2017-2023



8.4.6 Rest of Asia Pacific

8.4.6.1 Market Estimates & Forecast, 2017-2023

8.4.6.2 Market Estimates & Forecast by Application, 2017-2023

8.5 The Middle East & Africa

8.5.1 Market Estimates & Forecast, 2017-2023

8.5.2 Market Estimates & Forecast by Application, 2017-2023



8.5.3 Saudi Arabia

8.5.3.1 Market Estimates & Forecast, 2017-2023

8.5.3.2 Market Estimates & Forecast by Application, 2017-2023



8.5.4 Qatar

8.5.4.1 Market Estimates & Forecast, 2017-2023

8.5.4.2 Market Estimates & Forecast by Application, 2017-2023



8.5.5 North Africa

8.5.5.1 Market Estimates & Forecast, 2017-2023

8.5.5.2 Market Estimates & Forecast by Application, 2017-2023



8.5.6 GCC

8.5.6.1 Market Estimates & Forecast, 2017-2023

8.5.6.2 Market Estimates & Forecast by Application, 2017-2023



8.5.7 Rest of Middle East & Africa

8.5.7.1 Market Estimates & Forecast, 2017-2023

8.5.7.2 Market Estimates & Forecast by Application, 2017-2023



8.6 Latin America

8.6.1 Market Estimates & Forecast, 2017-2023

8.6.2 Market Estimates & Forecast by Application, 2017-2023



8.6.3 Brazil

8.6.3.1 Market Estimates & Forecast, 2017-2023

8.6.3.2 Market Estimates & Forecast by Application, 2017-2023



8.6.4 Argentina

8.6.4.1 Market Estimates & Forecast, 2017-2023

8.6.4.2 Market Estimates & Forecast by Application, 2017-2023

8.6.5 Uruguay

8.6.5.1 Market Estimates & Forecast, 2017-2023

8.6.5.2 Market Estimates & Forecast by Application, 2017-2023

8.6.6 Rest of Latin America

8.6.6.1 Market Estimates & Forecast, 2017-2023

8.6.6.2 Market Estimates & Forecast by Application, 2017-2023



9. Company Landscape

10. Company Profiles

10.1 DuPont Tate & Lyle Bio Products Company, LLC

10.1.1 Company Overview

10.1.2 Product/Business Segment Overview

10.1.3 Financial Updates

10.1.4 Key Developments



10.2 Metabolic Explorer SA

10.2.1 Company Overview

10.2.2 Product/Business Segment Overview

10.2.3 Financial Updates

10.2.4 Key Developments

10.3 Zhangjiagang Glory Biomaterial Co. Ltd

10.3.1 Company Overview

10.3.2 Product/Business Segment Overview

10.3.3 Financial Updates

10.3.4 Key Developments

10.4 Zouping Mingxing Chemical Co., Ltd

10.4.1 Company Overview

10.4.2 Product/Business Segment Overview

10.4.3 Financial Updates

10.4.4 Key Developments

10.5 Royal Dutch Shell

10.5.1 Company Overview

10.5.2 Product/Business Segment Overview

10.5.3 Financial Updates

10.5.4 Key Developments

10.6 Shanghai Jinjinle Industry Co., Ltd

10.6.1 Company Overview

10.6.2 Product/Business Segment Overview

10.6.3 Financial Updates

10.6.4 Key Developments



10.7 Zouping Mingxing Chemical Co., Ltd

10.7.1 Company Overview

10.7.2 Product/Business Segment Overview

10.7.3 Financial Updates

10.7.4 Key Developments

10.8 Salicylates and Chemicals Pvt. Ltd

10.8.1 Company Overview

10.8.2 Product/Business Segment Overview

10.8.3 Financial Updates

10.8.4 Key Developments

10.9 Chongqing Kunlun Chemical Co., Ltd

10.9.1 Company Overview

10.9.2 Product/Business Segment Overview

10.9.3 Financial Updates

10.9.4 Key Developments



LIST OF TABLES



Table 1 World Population by Major Regions (2017 To 2030)

Table 2 Global 1,3-Propanediol Market: By Region, 2017-2023

Table 3 North America 1,3-Propanediol Market: By Country, 2017-2023

Table 4 Europe 1,3-Propanediol Market: By Country, 2017-2023

Table 5 Asia-Pacific 1,3-Propanediol Market: By Country, 2017-2023

Table 6 Middle East & Africa 1,3-Propanediol Market: By Country, 2017-2023

Table 7 Latin America 1,3-Propanediol Market: By Country, 2017-2023

Table8 Global 1,3-Propanediol by Application Market: By Regions, 2017-2023

Table9 North America 1,3-Propanediol by Application Market: By Country, 2017-2023

Table10 Europe 1,3-Propanediol by Application Market: By Country, 2017-2023

Table11 Asia-Pacific 1,3-Propanediol by Application Market: By Country, 2017-2023

Table12 Middle East & Africa 1,3-Propanediol by Application Market: By Country, 2017-2023

Table13 Latin America 1,3-Propanediol by Application Market: By Country, 2017-2023

Table14 Global Type Market: By Region, 2017-2023

Table15 North America: 1,3-Propanediol Market, By Country

Table16 North America: 1,3-Propanediol Market, By Application

Table17 Europe: 1,3-Propanediol Market, By Country

Table18 Europe: 1,3-Propanediol Market, By Application

Table19 Asia-Pacific: 1,3-Propanediol Market, By Country

Table20 Asia-Pacific: 1,3-Propanediol Market, By Application

Table21 Middle East & Africa: 1,3-Propanediol Market, By Country

Table22 Middle East & Africa 1,3-Propanediol Market, By Application

Table23 Latin America: 1,3-Propanediol Market, By Country

Table24 Latin America 1,3-Propanediol Market, By Application



LIST OF FIGURES



FIGURE 1 Global 1,3-Propanediol market segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis of Global 1,3-Propanediol Market

FIGURE 4 Value Chain of Global 1,3-Propanediol Market

FIGURE 5 Share of Global 1,3-Propanediol Market in 2017, by country (in %)

FIGURE 6 Global 1,3-Propanediol Market, 2017-2023,

FIGURE 7 Global 1,3-Propanediol Market size by Application, 2017

FIGURE 8 Share of Global 1,3-Propanediol Market by Application, 2017 to 2023