Transparency Market Research published new
market report "Pentaerythritol Market for Alkyd Paints, Alkyd Inks,
Alkyd Adhesives and Sealants, Plasticizers, Alkyd Varnishes, Radiation Cure
Coatings, Lubricants and Other Applications - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2012 - 2018," the global pentaerythritol market was valued
at USD 1.01 billion in 2011 and is expected to reach USD 1.59 billion by 2018,
growing at a CAGR of 6.8% from 2012 to 2018. In terms of volume, global
consumption was 485.9 kilo tons in 2011 and is expected to reach 692.9 kilo
tons by 2018, growing at a CAGR of 5.3% from 2012 to 2018.
Browse the full report at http://www.transparencymarketresearch.com/pentaerythritol-market.html
Pentaerythritol
is majorly used for manufacturing alkyd paints which has been a key contributor
to its market growth in recent times and owing to the growing infrastructure
market mainly in Asia Pacific, this trend is expected to continue over the
forecast period. In addition, eco-friendly nature of pentaerythritol has been
gaining regulatory support as a non-hazardous and sustainable product for
end-users. Furthermore, emerging innovative applications of pentaerythritol
such as therapeutics and marine coatings are expected to provide immense
opportunities for the major players operating in the global market.
However, limited
availability of raw materials such as formaldehyde and acetaldehyde due to
overlapping with their other commercial applications is expected to inhibit the
market growth.
Alkyd paint was
the largest application segment for pentaerythritol and accounted for over 37%
of the total market in 2011. Alkyd paint application is expected to grow at a
CAGR of 5.5% over the forecast period. These paints find applications in
residential as well as industrial construction. Applications of pentaerythritol
in plasticizers are expected to be the fastest growing applications and are
projected to grow at a CAGR of 5.9% from 2012 to 2018.
Asia Pacific
emerged as the leading consumer for pentaerythritol and accounted for over 40%
of the total demand in 2011. Asia Pacific along with being the biggest market
is also expected to be the fastest growing market for pentaerythritol at a CAGR
of 5.7% from 2012 to 2018. The growth of the construction and automobile
industry, especially in China and India is propelling the growth of
pentaerythritol in this region. Europe is expected to show significant growth
at a CAGR of 6.4% over next five years, in terms of revenue. The demand for
pentaerythritol for alkyd paints in North America is expected to reach a market
worth USD 88.7 million by 2018, growing at a CAGR of 5.9% from 2012 to 2018.
Some of the key
companies operating in the global pentaerythritol market include Celanese
Corporation, Ercros SA, Hubei Yichang Chemical, Mitsui Chemicals and Perstorp
Holding AB. There are also several small companies such as Copenor, Hunan
Hengyang Sanhua and Lee Chang Kung among others operating in the global and the
regional market.
The report
segments the global pentaerythritol market as:
Pentaerythritol Market:
Application Analysis
·
Alkyd
paints
·
Alkyd
inks
·
Alkyd
adhesives/sealants
·
Plasticizers
·
Alkyd
varnishes
·
Radiation
cure coatings
·
Lubricants
·
Other
(including medicine, pesticides, etc)
Pentaerythritol Market:
Regional Analysis
·
North
America
·
Europe
·
Asia
Pacific
·
Rest
of the World
Blogs :
TABLE OF CONTENTS (Summary)
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Pentaerythritol - Industry Analysis
Chapter 4 Pentaerythritol Market - Application
Analysis
Chapter 5 Pentaerythritol Market - Regional
Analysi
Chapter 6 Company Profiles
Browse the full report With TOC
at http://www.transparencymarketresearch.com/pentaerythritol-market.html
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