Industry Insights
2-Methyl-1,3-Propanediol Market is expected to grow at an anticipated CAGR of 1.8% over the forecast period. 2-Methyl-1,3-Propanediol is used as a diprimary intermediate for producing polyester resins. Polyester resins find versatile applications in plasticizers, adhesives, etc. the growth in these sectors are in turn expected to benefit the 2-Methyl-1,3-Propanediol market demand.
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The global 2-Methyl-1,3-Propanediol market is segmented on the basis of Product and Application. The global 2-Methyl-1,3-Propanediol market is segmented based on Product as Chemical Grade and Laboratory Grade. Based on Application the global 2-Methyl-1,3-Propanediol market is segregated as Plasticizer, Adhesive, Painting, Personal Care Products, and Others.
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The regional outlook on the global 2-Methyl-1,3-Propanediol market covers regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The 2-Methyl-1,3-Propanediol market for each region is further bifurcated for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Landscape
Companies such as Lyondellbasell are trying to create awareness regarding the product usage so as to encourage more and more end users to use the product. This strategy is aimed at increasing revenues as well as to increase market share. The global 2-Methyl-1,3-Propanediol market is highly competitive in nature with major players including Lyondellbasell, Dairen Chemical Corp, Perstorp, TCI chemicals and others. The report covers competitive analysis on the key market share holders. The companies are focused on several expansion and growth strategies to enhance their footprint in the 2-Methyl-1,3-Propanediol market. Market players are also involved in value chain integration gain competitive advantage.
Report Scope:
The 2-Methyl-1,3-Propanediol market report scope covers the in-depth business analysis considering major market dynamics, forecast parameters, and price trends for the industry growth. The report forecasts market sizing at global, regional and country levels, providing comprehensive outlook of industry trends in each market segments and sub-segments from 2017 to 2024.
The market segmentations include,
2-Methyl-1,3-Propanediol Market, By Product
• Chemical Grade
• Laboratory Grade
2-Methyl-1,3-Propanediol Market, By Application
• Plasticizer
• Adhesive
• Painting
• Personal Care Products
• Others
2-Methyl-1,3-Propanediol Market, By Region
• North America
• Europe
• Asia-Pacific
• Rest of the World
The report scope also includes competitive landscape covering the competitive analysis, strategy analysis and company profiles of the major market players. The companies profiled in the report include Lyondellbasell, Dairen Chemical Corp, Perstorp, and others. Company profiles cover company overview, product landscape, financial overview, and strategy analysis.
Report Highlights
• Global 2-Methyl-1,3-Propanediol market sizes from 2017 to 2024
• Market growth projections through 2024 and the resultant market forecast for 2024
• Impact of the market dynamics including market drivers, restraints and opportunities in the market size
• Key industry trends, product trends, and application trends
• Major driving/ leading segmentations, regions and countries in the global 2-Methyl-1,3-Propanediol market
• Competitive analysis with comprehensive company profiles of the leading industry players
• In-depth analysis on growth and expansion strategies adopted by market players and their resulting effect on market growth and competition
Report Customizations
The customization research services cover the additional custom report features such as additional regional and country level analysis as per the client requirements.
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