Pentaerythritol Market 2018 Industry research report gives a systematic and competent approach to gather important statistics of Pentaerythritol industry. In which includes industry chain structure, Pentaerythritol market classification, dominant market players, product definition, and product scope.
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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.
It’s characteristics such as low volatility and the high flash point are essential to the development of a varied product range in the market. The availability of a strong product portfolio has been essential to the development of the pentaerythritol market in recent years. Its application in inks, paints & coatings, adhesive & sealant, lubricants and plasticizers is expected to provide a much needed leverage for market growth in the upcoming forecast period.
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Manufacturers Analysis:
The significant competitors in the pentaerythritol market globally are Perstorp Holding AB (Sweden), Mitsui Chemicals, Inc (Japan), Ercros S.A (Spain), Methanol Chemicals Company (Saudi Arabia), Kanoria Chemicals & Industries Limited (India), Merck KGaA (Germany), Hubei Yihua Group Co.,Ltd (China), Samyang Chemical Corporation (South Korea), Celanese Corporation (U.S.),Jiangsu Ruiyang Chemical Co., Ltd. (China), U-JIN Chemical Co., Ltd (South Korea) among others.
Competitive Analysis
The competitors in the market are attempting to establish various leaderships that will enable them to capture a more significant share of the market. Product differentiation has created a favorable product differentiation scenario that is complementing the market’s growth. Moreover, the vertical integrations and product strategies of the market is increasing the prospects for the market players. Better accessibility to diverse resources and capabilities is expected to impel the growth of the market in the coming forecast period. The employment of effective strategy execution techniques is anticipated to bear positively on the future growth of the market. The analysis of the market reveals that it is poised for a high growth rate in the forthcoming years.
Segmental Analysis:
The segmentation of the pentaerythritol market is segmented on the basis of application and region. Based on application, the pentaerythritol market is segmented into plasticizers, paints & coatings, adhesive & sealant, varnishes, lubricants, inks, and others. The other application consists of flame retardants, pesticide, medicine, and explosives. On the basis of the regions, the pentaerythritol market is segmented into North America, Latin America, Asia Pacific, Europe, Middle East, and Africa.
Detailed Regional Analysis:
The regional analysis of the Pentaerythritol Market encompasses regions such as Europe, Latin America, North America, Asia Pacific, Africa, and the Middle East. The Asia Pacific region is forecasted to expand at the highest CAGR through the forecast period due to the constant expansion in various end-use industries such as agriculture, building & construction, transportation & automotive and plastic industry among others. The demand for pentaerythritol is expected to boost in various countries in the Asia Pacific region such as China, South Korea, the Philippines, India, Australia and Taiwan owing to the rising population along with improving consumption of pesticide to make high-quality crops. Furthermore, rising disposable income along with increasing production and sales of automotive vehicles is estimated to impel the market development in this region. In addition, inexpensive labor and land cost, reduced production set up cost, and reasonably stringent regulatory framework are some of the essential factors in the growth of the regional market.
The European region has emerged as the next big market for pentaerythritol in 2016 followed by North America. European countries such as France, the U.K, Germany, Italy, and Russia are among the leading contributors to the regional market growth owing to the fortified presence of automotive manufacturers along with growing innovation and R&D activities to create bio-based lubricants. The North American region is expected to see profitable growth in pentaerythritol market due to the recovery of the industrial sector along with escalated expenditure on the renovation & maintenance of construction sector during the forecast period. The U.S. is forecasted to hold over two-thirds regional market share and is foreseen to continue its control due to the growing pharmaceutical sector along with increasing offshore and onshore activities. In Latin America, nations such as Brazil, Argentina, Colombia, and Venezuela are anticipated to witness steady development due to the strong consumer base for automotive & transportation sector
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TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain Of Global Pentaerythritol Market
5 Industry Overview Of Global Pentaerythritol Market
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