1, 3-Propanediol Market, Analysis, Competitors, Growth Rate 2023
The 1,3-propanediol (PDO) market has experienced significant growth in recent years, driven by the increasing demand for sustainable and eco-friendly materials across various industries. PDO is a versatile chemical compound that is primarily used as a building block for the production of polymers, resins, and other specialty chemicals. It finds applications in flame retardants, pressure-sensitive adhesives, and adsorbents, among others. One of the key drivers for the PDO market is the increasing focus on fire safety in industries such as construction, electronics, and automotive. PDO is utilized in the production of flame retardants , which are additives that are incorporated into materials to inhibit or delay the spread of fire. Flame retardant products made with PDO offer improved fire resistance and help reduce the flammability of various materials, including plastics, textiles, and foams. The growing awareness about fire safety regulations and the need for e...