Global 1,3 Propanediol Market Primed for Growth due to Rising Adoption of Bio-Based Polymers
Global 1,3 Propanediol Market 1,3 Propanediol is a clear, colorless, viscous, and hygroscopic organic compound that is miscible with water, lower alcohols, and other polar organic solvents. It finds wide applications as a monomer for polytrimethylene terephthalate (PTT), which is used to produce fabrics, carpets, engineered yarns, and industrial textiles. Other applications of 1,3-propanediol include automotive coolants and antifreeze, de-icers, cosmetics and personal care products. The Global 1,3 Propanediol Market is estimated to be valued at US$ 424.5 Mn in 2024 and is expected to exhibit a CAGR of 9.1% over the forecast period 2024 to 2031 . Key Takeaways Key players operating in the Global 1,3 Propanediol Market are Tokyo Chemical Industry Co., Ltd., Shenghong Group Holdings, Primient, Haihang Industry, DuPont, Metabolic Explorer, Zhangjiagang Glory Biomaterial Co., Ltd., Zouping Mingxing Chemical Co., Ltd., Shell Chemicals LP, and Merck KGaA. Key players are focusing on