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 Pentaerythritol Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2012 – 2018
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.
Request
for customization of this report
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1480
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.
Browse
all Press Releases:
http://www.transparencymarketresearch.com/press-releases.htm
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)
Browse
all Article :
http://www.transparencymarketresearch.com/articles.htm
Pentaerythritol
Market: Regional Analysis
North
America
Europe
Asia
Pacific
Rest
of the World
Browse
all Chemical Industry Research Reports @
http://www.transparencymarketresearch.com/chemical-market-reports-2.html
About
Us
Transparency
Market Research is a global market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. We are
privileged with highly experienced team of Analysts, Researchers, and
Consultants, who use proprietary data sources and various tools and
techniques to gather, and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
Contact
Sheela
AK
90
Sate Street, Suite 700
Albany,
NY 12207
Tel:
+1-518-618-1030
USA
- Canada Toll Free: 866-552-3453
Email:
sales@transparencymarketresearch.com
0 comments:
Post a Comment