Global Bio-Based 1,3-Propanediol Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global Bio-Based 1,3-Propanediol Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global Bio-Based 1,3-Propanediol market size was valued at USD 496.9 million in 2022 and is forecast to a readjusted size of USD 2168.3 million by 2029 with a CAGR of 23.4% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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%.

This report is a detailed and comprehensive analysis for global Bio-Based 1,3-Propanediol market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

Global Bio-Based 1,3-Propanediol market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2018-2029

Global Bio-Based 1,3-Propanediol market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2018-2029

Global Bio-Based 1,3-Propanediol market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2018-2029

Global Bio-Based 1,3-Propanediol market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2018-2023

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Bio-Based 1,3-Propanediol

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Bio-Based 1,3-Propanediol market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Huafeng Group (DuPont), Tsing Da Zhi Xing, Zhangjiagang Meirong Chemical Industry Co., Ltd. and Jiangsu Shenghong (Suzhou Suzhen Biological Engineering Co., Ltd.), etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation

Bio-Based 1,3-Propanediol market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Glucose Conversion
Biodiesel Conversion

Market segment by Application
PTT Polyester
Cosmetic
Pharmaceutical
Other

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

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Bio-Based 1,3-Propanediol product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Bio-Based 1,3-Propanediol, with price, sales, revenue and global market share of Bio-Based 1,3-Propanediol from 2018 to 2023.

Chapter 3, the Bio-Based 1,3-Propanediol competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Bio-Based 1,3-Propanediol breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Bio-Based 1,3-Propanediol market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

Chapter 13, the key raw materials and key suppliers, and industry chain of Bio-Based 1,3-Propanediol.

Chapter 14 and 15, to describe Bio-Based 1,3-Propanediol sales channel, distributors, customers, research findings and conclusion.