1,3-Propanediol (PDO) Market Size, Share, Trends, Growth Outlook

Global 1,3-Propanediol (PDO) Market Size is valued at $521.3 Million in 2024 and is forecast to register a growth rate (CAGR) of 10.8% to reach $1184.1 Million by 2032.

The global 1,3-Propanediol (PDO) Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Product (Conventional, Bio-based), By Application (Polytrimethylene Terephthalate, Polyurethane, Personal Care & Detergents, Others).

An Introduction to 1,3-Propanediol (PDO) Market in 2024

1,3-propanediol (PDO) is a valuable chemical intermediate used in the production of polymers, polyesters, and specialty chemicals. Derived primarily from renewable sources such as corn sugar or glycerol, PDO offers advantages over traditional petroleum-based diols, including biodegradability, low toxicity, and reduced carbon footprint. In polymer synthesis, PDO serves as a building block for polytrimethylene terephthalate (PTT), a high-performance engineering plastic used in fibers, films, and automotive applications. Further, PDO finds applications in cosmetics, personal care products, and antifreeze formulations, where its solvent properties and low volatility make it an attractive ingredient. As sustainability initiatives drive demand for bio-based chemicals and materials, PDO production technologies to evolve, enabling the development of green and renewable alternatives to conventional petrochemicals.

1,3-Propanediol (PDO) Market Competitive Landscape

The market report analyses the leading companies in the industry including DuPont Tate & Lyle Bio Products Company LLC, Haihang Industry Company Ltd, Merck KGaA, METabolic EXplorer, Sheng Hong Group Holdings Ltd, Tokyo Chemical Industry Co. Ltd, Zhangjiagang Glory Biomaterial Co. Ltd, Zouping Mingxing Chemical Co. Ltd, and others.

1,3-Propanediol (PDO) Market Dynamics

Market Trend: Shift Towards Bio-Based and Sustainable Materials

A prominent trend in the 1,3 Propanediol market is the shift towards bio-based and sustainable materials in various industries. 1,3 Propanediol, a renewable chemical derived from plant-based feedstocks such as corn starch or sugarcane, offers an eco-friendly alternative to petroleum-based chemicals. With increasing concerns about environmental sustainability and carbon emissions, there's a growing demand for bio-based 1,3 Propanediol in applications such as cosmetics, personal care products, textiles, and antifreeze. This trend is driving the development of innovative production processes and formulations that utilize 1,3 Propanediol as a key ingredient to meet consumer preferences for sustainable and environmentally friendly products.

Market Driver: Regulatory Pressure and Consumer Awareness

A key driver in the 1,3 Propanediol market is the regulatory pressure and consumer awareness regarding environmental sustainability and product safety. Governments worldwide are implementing regulations and incentives to promote the use of bio-based chemicals and reduce reliance on fossil fuels. Additionally, consumers are becoming more educated about the environmental and health impacts of conventional products, leading to increased demand for bio-based alternatives. 1,3 Propanediol, with its renewable sourcing and biodegradable properties, aligns with regulatory requirements and consumer preferences for sustainable and safer ingredients in various consumer and industrial applications, thereby driving market growth.

Market Opportunity: Expansion into Biopolymer and Bioplastics

Amidst the evolving market dynamics, there exists a significant opportunity for 1,3 Propanediol manufacturers to expand into biopolymer and bioplastics applications. 1,3 Propanediol serves as a precursor for the production of polytrimethylene terephthalate (PTT), a bio-based polymer used in textiles, packaging, and engineering plastics. By leveraging its compatibility with biodegradable and compostable materials, companies can capitalize on the growing demand for sustainable packaging solutions and biodegradable plastics. Furthermore, research and development efforts in biopolymer synthesis and additive manufacturing technologies offer opportunities for innovation in 1,3 Propanediol-based materials with enhanced performance characteristics and environmental benefits, thereby diversifying product offerings and capturing new market segments.

1,3-Propanediol (PDO) Market Share Analysis: Conventional PDO segment generated the highest revenue in 2024

Within the 1,3-Propanediol (PDO) Market, the Conventional PDO segment is the largest. Conventional PDO, derived from petroleum-based feedstocks, has historically dominated the market due to its established production processes, wide availability of raw materials, and lower production costs compared to bio-based PDO. It finds extensive usage in various applications such as polyester resins, polyurethane coatings, antifreeze formulations, and personal care products. Moreover, the conventional PDO market benefits from existing infrastructure and supply chains developed around petroleum-based chemicals, facilitating its widespread adoption across industries. While the demand for bio-based PDO is growing steadily due to increasing environmental concerns and regulatory pressures, the Conventional PDO segment maintains its dominance in the market due to its cost-effectiveness and established market presence. However, with the rising focus on sustainability and the development of green technologies, the bio-based PDO segment is expected to witness significant growth in the coming years, challenging the dominance of conventional PDO in the market.

1,3-Propanediol (PDO) Market Share Analysis: Polytrimethylene Terephthalate (PTT) is poised to register the fastest CAGR over the forecast period

Among the diverse applications in the 1,3-Propanediol (PDO) Market, the Polytrimethylene Terephthalate (PTT) segment is the fastest-growing. PTT, a polyester derived from PDO, exhibits excellent properties such as high elasticity, resilience, and chemical resistance, making it an ideal material for various applications. PTT fibers are widely utilized in textiles, carpets, and apparel due to their exceptional softness, stretchability, and resistance to wrinkling. Additionally, PTT resins are gaining traction in the automotive industry for manufacturing interior components, such as seat fabrics and carpets, owing to their durability and flame-retardant properties. Moreover, the increasing demand for sustainable and eco-friendly materials in consumer goods and packaging applications further propels the growth of the PTT segment, as PDO-based polymers offer a renewable and biodegradable alternative to conventional petroleum-based plastics. With ongoing innovations in polymer processing technologies and the growing consumer preference for environmentally friendly products, the PTT segment is poised for sustained rapid growth, solidifying its position as a key driver in the 1,3-Propanediol (PDO) Market.

1,3-Propanediol (PDO) Market

By Product
Conventional
Bio-based
By Application
Polytrimethylene Terephthalate
Polyurethane
Personal Care & Detergents
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)

1 3 Propanediol Companies Profiled in the Study

DuPont Tate & Lyle Bio Products Company LLC
Haihang Industry Company Ltd
Merck KGaA
METabolic EXplorer
Sheng Hong Group Holdings Ltd
Tokyo Chemical Industry Co. Ltd
Zhangjiagang Glory Biomaterial Co. Ltd
Zouping Mingxing Chemical Co. Ltd
*- List Not Exhaustive

TABLE OF CONTENTS

1 Introduction to 2024 1 3 Propanediol Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Covered
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain

2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations

3 Executive Summary
3.1 Global 1 3 Propanediol Market Size Outlook, $ Million, 2021 to 2032
3.2 1 3 Propanediol Market Outlook by Type, $ Million, 2021 to 2032
3.3 1 3 Propanediol Market Outlook by Product, $ Million, 2021 to 2032
3.4 1 3 Propanediol Market Outlook by Application, $ Million, 2021 to 2032
3.5 1 3 Propanediol Market Outlook by Key Countries, $ Million, 2021 to 2032

4 Market Dynamics
4.1 Key Driving Forces of 1 3 Propanediol Industry
4.2 Key Market Trends in 1 3 Propanediol Industry
4.3 Potential Opportunities in 1 3 Propanediol Industry
4.4 Key Challenges in 1 3 Propanediol Industry

5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global 1 3 Propanediol Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook

6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts

7 Global 1 3 Propanediol Market Outlook by Segments
7.1 1 3 Propanediol Market Outlook by Segments, $ Million, 2021- 2032
By Product
Conventional
Bio-based
By Application
Polytrimethylene Terephthalate
Polyurethane
Personal Care & Detergents
Others

8 North America 1 3 Propanediol Market Analysis and Outlook To 2032
8.1 Introduction to North America 1 3 Propanediol Markets in 2024
8.2 North America 1 3 Propanediol Market Size Outlook by Country, 2021-2032
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America 1 3 Propanediol Market size Outlook by Segments, 2021-2032
By Product
Conventional
Bio-based
By Application
Polytrimethylene Terephthalate
Polyurethane
Personal Care & Detergents
Others

9 Europe 1 3 Propanediol Market Analysis and Outlook To 2032
9.1 Introduction to Europe 1 3 Propanediol Markets in 2024
9.2 Europe 1 3 Propanediol Market Size Outlook by Country, 2021-2032
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe 1 3 Propanediol Market Size Outlook by Segments, 2021-2032
By Product
Conventional
Bio-based
By Application
Polytrimethylene Terephthalate
Polyurethane
Personal Care & Detergents
Others

10 Asia Pacific 1 3 Propanediol Market Analysis and Outlook To 2032
10.1 Introduction to Asia Pacific 1 3 Propanediol Markets in 2024
10.2 Asia Pacific 1 3 Propanediol Market Size Outlook by Country, 2021-2032
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific 1 3 Propanediol Market size Outlook by Segments, 2021-2032
By Product
Conventional
Bio-based
By Application
Polytrimethylene Terephthalate
Polyurethane
Personal Care & Detergents
Others

11 South America 1 3 Propanediol Market Analysis and Outlook To 2032
11.1 Introduction to South America 1 3 Propanediol Markets in 2024
11.2 South America 1 3 Propanediol Market Size Outlook by Country, 2021-2032
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America 1 3 Propanediol Market size Outlook by Segments, 2021-2032
By Product
Conventional
Bio-based
By Application
Polytrimethylene Terephthalate
Polyurethane
Personal Care & Detergents
Others

12 Middle East and Africa 1 3 Propanediol Market Analysis and Outlook To 2032
12.1 Introduction to Middle East and Africa 1 3 Propanediol Markets in 2024
12.2 Middle East and Africa 1 3 Propanediol Market Size Outlook by Country, 2021-2032
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa 1 3 Propanediol Market size Outlook by Segments, 2021-2032
By Product
Conventional
Bio-based
By Application
Polytrimethylene Terephthalate
Polyurethane
Personal Care & Detergents
Others

13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
DuPont Tate & Lyle Bio Products Company LLC
Haihang Industry Company Ltd
Merck KGaA
METabolic EXplorer
Sheng Hong Group Holdings Ltd
Tokyo Chemical Industry Co. Ltd
Zhangjiagang Glory Biomaterial Co. Ltd
Zouping Mingxing Chemical Co. Ltd

14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise

By Product
Conventional
Bio-based
By Application
Polytrimethylene Terephthalate
Polyurethane
Personal Care & Detergents
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)