Press release
1,2-Propanediol Market 2022 Growth, Trends Analysis Report 2027
Market Intelligence Data recently published a research report called 1,2-Propanediol Market. Primary and secondary research methods were used to construct this report. The Analysis was derived using history and predictions. The report includes an in-depth study of geographic regions, revenue forecasts, segmentation, and market share. The global 1,2-Propanediol Market is expected to flourish in terms of volume and value over the forecast period. The report provides an understanding of the various drivers, threats, opportunities, and limitations of the market. Analysts have used SWOT and Porter’s Five Forces Analysis to determine the impact of these factors on market growth during the forecast period.1,2-Propanediol market is envisaged to record an expansion at the CAGR of 3.88% over the forecast period, 2022 – 2027
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Market Overview
The Global 1,2-Propanediol (PDO) Market was valued at over USD million in 2020. and the market is projected to register a CAGR of over during the forecast period (2021-2026). The global beauty industry faced a critical time due to COVID-19. 1,2-propanediol is mainly used in personal care and the production of polymers. The pandemic has negatively affected the personal care and beauty industry as demand from residential and professional users has reduced to a considerable extent. Polyurethane and polytrimethylene terephthalate are mainly used in the textile industry. The textile market has suffered from prolonged lockdowns and regulations, thus decreasing the market for PDO. According to the study by the International Labour Organization (ILO), the global textile trade collapsed during the first half of 2020. Additionally, exports to the major buying regions in the European Union, the United States, and Japan fell by around 70%.
The major players covered in the 1,2-Propanediol Market:
DuPont, Lyondell Basell, Huntsman, INEOS, BASF, ADM, Sumitomo Chemical (Nihon Oxirane), SKC, Repsol, Asahi Kasei, Shell, Tongling Jintai Chemical, Shandong Shida Shenghua Chemical, CNOOC and Shell Petrochemicals, Hi-tech Spring Chemical, Daze Group, Shand
1,2-Propanediol Breakdown Data by Type
Industrial Grade
Food Grade
Pharmaceutical Grade
1,2-Propanediol Breakdown Data by Application
Unsaturated Polyester Resins (UPR)
Functional Fluids
Cosmetics, Pharmaceutics and Food
Liquid Detergents
Others
Report link:
https://www.marketintelligencedata.com/reports/668352/china-1-2-propanediol-market-report-forecast-2021-2027?mode=ich_niks
The North American Region to Dominate the Market
North America is the largest market for 1,2-propanediol and is expected to continue its dominance during the forecast period. The market is primarily driven by increasing production and consumption of 1,2-propanediol in PTT, cosmetics, personal care & cleaning products, and polyurethane applications.
However, due to COVID-19, the North-America region had experienced a 24% breakdown of the cosmetic market in the year 2020, according to the LOREAL annual report, thus hindering the demand for PDO over the short term.
Regional 1,2-Propanediol Market (Regional Output, Demand & Forecast by Countries)
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.
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Table of Contents:
Global 1,2-Propanediol Market Research Report 2022
Chapter 1 - Market Overview
Chapter 2 - Industry's Global Economic Impact
Chapter 3 - Manufacturers' Global Market Competition
Chapter 4 - Revenue (Value) by Region for Global Productions
Chapter 5 - Productions in the World, Revenue (Value), and Price Trends by Type
Chapter 6- Global Market Analysis by Application
Chapter 7 - Manufacturing Cost Analysis
Chapter 8 - Industrial Chain, Sourcing plan and Downstream Buyers
Chapter 9 - Marketing Strategy Analysis, Distributors/Traders
Chapter 10- Market Effect Factors Analysis
Chapter 11- Global 1,2-Propanediol Market Forecast
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– Free country Level analysis for any 5 countries of your choice.
– Free Competitive analysis of any 5 key market players.
– Free 40 analyst hours to cover any other data point.
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