2-Methyl-1 3-Propanediol Market 2021: Future Demand, Market Analysis & Outlook to 2028

2-Methyl-1 3-Propanediol Market 2021: Future Demand, Market Analysis & Outlook to 2028

2-Methyl-2-propyl-1,3-propanediol (MPP) is a simple alkyl diol which has sedative, anticonvulsant and muscle relaxant effects. It is both a synthetic precursor to, and an active metabolite of the tranquilizers meprobamate and carisoprodol, as well as other derivatives. Methyl-propane-diol, also known as MPD, is an organic compound with the chemical formula CH₃OCH₂CH(OH)CH₃. It is a clear, colorless liquid with a faint odor. MPD is miscible with water and soluble in most organic solvents. MPD is produced by the hydrogenation of propionaldehyde. It is used as a building block for the production of polyurethanes, resins, and plasticizers. MPD can also be used as an antifreeze, coolant, and heat-transfer fluid.

2-Methyl-1 3-Propanediol Market report covers the detailed analysis on current and upcoming market trends, company market shares, market projections, competitive benchmarking, competition mapping, and in-depth research of the most significant sustainability strategies and their impact on industry growth and competition. The research was conducted using a combination of primary and secondary data, as well as input from leading industry players.

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The key players covered in the 2-Methyl-1 3-Propanediol market report are:

                     LyondellBasell

                     DAIREN Chemical Corp

Market has segmented the global 2-Methyl-1 3-Propanediol market on the basis of type, application, and region:

 

By Type:

·         Assay (on a dry basis)

·         Water

·         Color

·         Carbonyl (as -CHO)

·         Iron

 

By Application:

·         Unsaturated Polyester Resins

·         Coating

·         Modified PET

·         Personal Care

·         Other

 

By Regional Outlook (Revenue, USD Billion, 2017 – 2028)

·         North America (U.S., Canada, Mexico)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)

·         Middle East & Africa (GCC Countries, South Africa, Rest of MEA)

·         South America (Brazil, Argentina, Rest of South America)

 

Covid-19 Impact Is Covered in This Report:

The COVID-19 pandemic has had devastating effects on several industry verticals globally. To constrain the number of cases and slow the coronavirus spread, various public health guidelines were implemented in different countries across the globe. COVID-19 protocols ranging from declaring national emergency states, enforcing stay-at-home orders, closing nonessential business operations and schools, banning public gatherings, imposing curfews, distributing digital passes, and allowing police to restrict citizen movements within a country, as well as closing international borders. With the growing vaccination rate, governments are uplifting the protocols to give a boost to the stagnant economy. Like other industries, 2-Methyl-1 3-Propanediol Market have experienced slowdown the growth, however market is expected bounce back as restrictions are being lifted up by governments across the globe.

The research provides an up-to-date analysis of the current market scenario, as well as the current developments and drivers, and the market landscape. Furthermore, the growing demand for 2-Methyl-1 3-Propanediol is expected to propel the industry forward. The 2-Methyl-1 3-Propanediol market analysis is segmented into type, application, and geographic landscape.

Also, the 2-Methyl-1 3-Propanediol market analysis report includes information on upcoming technology trends, restraints, threats, challenges and opportunities that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities. The report contains a comprehensive market and competitive landscape in addition to an analysis of the key vendors.

Reasons to Purchase the 2-Methyl-1,3-Propanediol Market Report:

·         The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period

·         Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.

·         Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.

·         The competitive landscape comprises share of key players, new developments, and strategies in the last three years.

·         Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players