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Showing posts with the label 1 3-Propanediol Market Report

1,3-Propanediol Market Insights,Analysis, and Growth 2025

  The  1, 3-propanediol Market  size is projected to reach USD 690.6 million by 2025 from USD 401.7 million in 2020, at a CAGR of 11.4%. 1, 3-propanediol (PDO) is a key feedstock in the manufacture of polytrimethylene terephthalate (PTT). It can be used as a substitute to petrochemical-based products such as propylene glycol, butylene glycol, and glycerin in the formulation of cosmetics, personal care, laundry, and cleaning products. The demand for environmentally-friendly products has increased the utilization of bio-based PDO.    Based on application, the 1, 3-propanediol market is segmented into polytrimethylene terephthalate (PTT); polyurethane (PU); cosmetics, personal care, and cleaning products; and others.  The others segment comprises engine coolants, food & beverage, pharmaceutical & dietary supplement, de-icing fluid, heat transfer fluid, and unsaturated polyester resins. PTT application accounted for the largest share of the market i...