France 1,3 Propanediol Market Size & Outlook, 2023-2030
France 1,3 propanediol market, 2018-2030 (US$M)
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France 1,3 propanediol market highlights
- The France 1,3 propanediol market generated a revenue of USD 16.3 million in 2023 and is expected to reach USD 30.8 million by 2030.
- The France market is expected to grow at a CAGR of 9.5% from 2024 to 2030.
- In terms of segment, bio-based was the largest revenue generating product in 2023.
- Bio-based is the most lucrative product segment registering the fastest growth during the forecast period.
1,3 propanediol market data book summary
| Market revenue in 2023 | USD 16.3 million |
| Market revenue in 2030 | USD 30.8 million |
| Growth rate | 9.5% (CAGR from 2023 to 2030) |
| Largest segment | Bio-based |
| Fastest growing segment | Bio-based |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Conventional, Bio-based |
| Key market players worldwide | DuPont de Nemours Inc, Shell PLC, Merck KGaA, METabolic EXplorer, Tokyo Chemical Industry, Primient, Haihang Industry Co. |
Other key industry trends
- In terms of revenue, France accounted for 3.8% of the global 1,3 propanediol market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany 1,3 propanediol market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 30.8 million by 2030.
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1,3 Propanediol Market Scope
1,3 Propanediol Market Companies
| Name | Profile | # Employees | HQ | Website |
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France 1,3 propanediol market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to 1,3 propanediol market will help companies and investors design strategic landscapes.
Bio-based was the largest segment with a revenue share of 54.6% in 2023. Horizon Databook has segmented the France 1,3 propanediol market based on conventional, bio-based covering the revenue growth of each sub-segment from 2018 to 2030.
The French personal care market was among the largest in Europe in terms of revenue share in 2023. Constant innovation, R&D, and investments marked the domestic industry in 2023. For instance, in March 2023, French startup 900. care raised EUR 21 million (~USD 22.4 million) in funding, which will be used to expand its product line of personal care products in the domestic market and gradually expand to the rest of Europe.
Moreover, the rising demand for organic and bio-friendly personal care products has increased the usage of 1,3 propanediol in skin formulations. This trend is growing in the French market due to its natural formation.
The 1,3 propanediol market is anticipated to grow considerably over the forecast period. The government's investments in economic revival in both public and private sectors are expected to ease inflation and relieve builders of the pressure of the construction material price hike.
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Horizon Databook provides a detailed overview of country-level data and insights on the France 1,3 propanediol market , including forecasts for subscribers. This country databook contains high-level insights into France 1,3 propanediol market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France 1,3 propanediol market size, by product, 2018-2030 (US$M)
France 1,3 Propanediol Market Outlook Share, 2023 & 2030 (US$M)
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