1,3-propanediol (C3H8O2) is an organic chemical compound that is bifunctional in nature. It comprises a base molecule, mainly propane, where every hydrogen atom from the methyl group is substituted by the hydroxy group. The compound is a viscous colorless liquid that is soluble in water and some other solvents such as ethanol, alcohol, ether, and diethyl ether. Its melting and boiling point measures around -27° C and 210° C, respectively.
1,3-propanediol is commercially synthesized by the hydration of acrolein or by hydroformylation of ethylene oxide that gives 3-hydroxypropionaldehyde, which undergoes hydrogenation to give 1,3-propanediol as its product. It is a commercial chemical mainly processed to extensively produce pharmaceutical drugs and cosmetics.
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The key importing countries that import 1,3-propanediol are India, China, and Vietnam. On the other hand, the key exporting countries are the United States, China, and Taiwan.
Key Details About the 1,3-propanediol Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the 1,3-propanediol price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The 1,3-propanediol Price chart, including India 1,3-propanediol price, USA 1,3-propanediol price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting 1,3-propanediol Price Trend:
1,3-propanediol is a bifunctional organic chemical compound that generally exhibits characteristic properties of an alcohol. It is largely used in the petroleum, pharmaceutical, and cosmetics manufacturing industries. The compound is utilized in the synthesis of specific polymers and plastic varieties, namely polytrimethylene terephthalate (PTT), polyurethanes, and other unsaturated polyester resins, along with a few petroleum-based products like glycerine, butylene glycol, and propylene glycol, etc.
Moreover, 1,3-propanediol is used in manufacturing cosmetics and various skincare or personal care products, including lotions, cleansers, face masks, etc. The compound is used as a common ingredient in wood paints, an antifreeze agent, and a common solvent in synthesizing various chemical reactions. It is utilized in producing commercial elements such as copolyesters, aliphatic polyesters, mouldings, coatings, laminates, adhesives, composites, and more.
Key Players:
- DuPont Tate & Lyle Bio Products Company
- Zhangjiagang Glory Biomaterial Co., Ltd.
- Metabolic Explorer
News & Recent Development
- Date: April 14, 2023- Ningbo Chemical company at Juhua facilitates Technip Energies with a contract offering a 72 kta capacitated chemical plant dedicated to producing 1,3-propanediol.
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