Propanediol Market- Share, Growth, Trends, Forecast 2013 - 2019
Increasing demand for polytrimethylene terephthalate (PTT) coupled with growing consumer awareness for bio-based products is expected to drive the global 1,3-propanediol market from 2013 to 2019. 1,3-propanediol (PDO) is a high value specialty chemical that is used in the synthesis of polymers. such as polyurethanes, polyesters and polyethers. Large volume of 1,3-propanediol produced is used as a building block to manufacture polytrimethylene terephthalate (PTT). 1,3-propanediol imparts unique features such as superior stretching and elastic recovery of nylon to PTT, which is difficult to obtain from other glycol based polyesters. Earlier, 1,3-propanediol was produced from acrolein a petroleum feedstock however, in order to respond to the sustainability and environmental factors, manufacturers have developed fermentation process to produce bio-based PDO either from corn sugar or biodiesel. 1,3-propanediol is also used in manufacturing polyurethane, cosmetic, personal care products, home cleaning products, among others. Government initiatives and regulations in different countries are expected to further boost the market growth. Browse The Full Market Report ,here : http://www.transparencymarketresearch.com/propanediol-market.html
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