Pentaerythritol market 2018 Industry report incorporates Pentaerythritol Industry Volume, piece of the overall industry showcase Trends, Size, Share, classifications, applications and Cost Structure
Pentaerythritol Market is estimated to spot a considerable growth in CAGR from 2018 to 2022. This report gives an in-depth assessment of current Pentaerythritol key market drivers, market size and trends and Global Pentaerythritol opportunities, challenges, key market segments and technological developments.
Pentaerythritol Industry Key Players:Celanese Corporation (U.S.), Perstorp Holding AB (Sweden), Ercros S.A (Spain), Merck KGaA (Germany), Hubei Yihua Group Co.,Ltd (China), Mitsui Chemicals, Inc (Japan), Samyang Chemical Corporation (South Korea), Methanol Chemicals Company (Saudi Arabia), Kanoria Chemicals & Industries Limited (India), Jiangsu Ruiyang Chemical Co., Ltd. (China), U-JIN Chemical Co.,Ltd (South Korea) among others.
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Pentaerythritol Market Overview:
Pentaerythritol (C5H12O4) is a white, crystalline powder, which contains four hydroxyl groups and is derived from aldol condensation process of acetaldehyde and formaldehyde. Derivatives of pentaerythritol such as pentaerythritol tetranitrate, pentaerythritol tri-acrylate, pentaerythritol esters, and dipentaerythritol are used in the production of explosives, paints, inks, and others. Pentaerythritol finds wide usage in various ends use applications such as lubricants, inks, adhesive & sealant, paints & coatings, plasticizers, varnishes, and others on account of their superior adhesion, weather & chemical resistance, high melting point, and high flash point.
Pentaerythritol Intended Audience:
- Pentaerythritol manufacturers
- Traders and Distributors of pentaerythritol
- Production Process Industries
- Potential Investors
- Raw Material Suppliers
- Nationalized Laboratory
Pentaerythritol Regional Analysis:
The global pentaerythritol market spanned over five regions: Latin America, North America, Asia Pacific, Europe, and the Middle East & Africa. The Asia Pacific region is estimated to grow at the highest CAGR over the forecast period on account of the continuous expansion of various end-use industries such as transportation & automotive, agriculture, building & construction, and plastic industry among others. The demand for pentaerythritol is estimated to surge in several countries of the Asia Pacific such as South Korea, China, India, the Philippines, Australia, Taiwan, Japan, Thailand, Malaysia, Indonesia, Bangladesh, and Vietnam due to increasing population along with rising consumption of pesticide to produce high-quality crops. Moreover increasing disposable income along with growing production and sales of an automotive vehicle is estimated to propel the market growth in this region. Additionally, rising purchasing power, inexpensive labor and land cost, low production set up cost, and moderately stringent regulatory framework are some of the important factors in the regional market growth.
The global pentaerythritol market is categorized on the basis of application, and region. On the basis of the application, the market is categorized into paints & coatings, plasticizers, lubricants, adhesive & sealant, inks, varnishes, and others. Others application comprises of medicine, flame retardants, pesticide, and explosives. On the basis of the regions, pentaerythritol market is segmented into Latin America, North America, Asia Pacific, Europe, and the Middle East & Africa.
LIST OF FIGURES:
FIGURE 1 Global Pentaerythritol Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis Of Global Pentaerythritol Market
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FIGURE 4 Value Chain Of Global Pentaerythritol Market
FIGURE 5 Share Of Global Pentaerythritol Market In 2016, By Country (In %)