Full Text of “1,3 Propanediol (Pdo) Industry Forecast 2020"

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1, 3 Propanediol (PDO) Market Size, Share,

Application Analysis, Regional Outlook, Trends,

Competitive Scenario And Forecasts, 2012 To 2020

The global 1,3 propanediol (PDO) market is expected to reach USD 776.3 million by 2022. Growing

polytrimethylene terephthalate (PTT) and polyurethane consumption across various end-use industries

is expected to drive the global PDO market. Growth of personal care industry particularly in emerging

markets of Asia Pacific and Latin America is also expected to have a positive influence on the market

growth. Growing environmental concerns and mandates are likely to assist the growth of bio-based 1,3

PDO market over the forecast period. Favorable regulations and government policies encouraging

biodiesel production is presumed to further augment the market growth. Low white space availability

on account of multiple proprietary methods developed by the market participants is anticipated to ward

off new entrants and may slow down market development.

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Further key findings from the study suggest:

Global 1,3 propanediol market demand was 146 kilo tons in 2014 and is expected to reach 225.9 kilo

tons by 2022, growing at a CAGR of 5.8% from 2015 to 2022.

PTT emerged as the leading application segment and accounted for 71.8% of total market volume in

2014. Industry shift towards replacing conventional polyesters by PTT is expected to remain a key

driving factor for this segment over the forecast period. Polyurethane is expected to be one of the

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fastest growing application segment at a CAGR of 5.9% from 2015 to 2022. Increasing PU penetration

across...