Pentaerythritol Market Prominent key players Perstorp, Hubei Yihua Group, Ercros, Mitsui Chemical, Ercros SA, Celanese Corp., Holding AB, Pertsorp, Evonik, Zarja Chemical, Yunnan Yuntianhua, and Ruiyang Chemical

Pentaerythritol Market Overview:

Pentaerythritol is an alcohol containing four hydroxyl groups obtained by the process of aldol condensation of formaldehyde and acetaldehyde. Pentaerythritol is a pale yellow, odorless, water soluble crystalline powder. Pentaerythritol contains various derivatives such as pentaerythritol esters, pentaerythritol tetranitrate, pentaerythritol triacrylate and dipentaerythritol. Pentaerythritol esters are an ecological substitute for electrical transformer fluids because they are biodegradable and less hazardous in water. Properties such as high flash point and low volatility provide resistance to ignition and make pentaerythritol an ideal substitute for the dielectric fluids used in transformers.

Pentaerythritol Market Size:

According to our report, Pentaerythritol Market was valued at USD XX Million in 2017 and this figure estimated to cross USD XX Million by 2022 end growing at a CAGR of XX% during the forecast period.

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Pentaerythritol Market Drivers and Restraints:

Pentaerythritol is used in many applications in the automotive industry, including high quality lubricants, interiors, coatings, etc. It is also used in the synthesis of polyurethane foams, which are then used in automotive interiors. Demand from emerging economies such as China and India is driving the growth of the automotive industry. Population growth, increased disposable income and easy lending systems are the main drivers of the market. These driving factors have also led to higher housing demand and significant growth in construction sites. The increase in income levels for the growing middle class, combined with government initiatives such as tax cuts in the form of housing loans, has accelerated the growth of the construction sector worldwide. However, the increased demand for acetaldehyde and formaldehyde for other applications will lead to a shortage of supply, which should further hamper the pentaerythritol market.

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Pentaerythritol Market Geographical Segmentation:

The Asia-Pacific region dominated the world pentaerythritol market and accounted for a market share of 42.2% in 2011. Increased demand and production of pentaerythritol in China and India, together with the development of the construction industry and the automotive industry, should stimulate the pentaerythritol of global demand. China is a major producer and the largest consumer of pentaerythritol and its derivatives. Europe and North America together accounted for almost 50% of global demand. The rest of the world, which includes Brazil, Africa, the Middle East, etc., was the smallest market in 2011, due to the slow technological progress and the poor lifestyle in the region.

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Pentaerythritol Market Key Players:

Perstorp, Hubei Yihua Group, Ercros, Mitsui Chemical, Ercros SA, Celanese Corp., Holding AB, Pertsorp, Evonik, Zarja Chemical, Yunnan Yuntianhua, Ruiyang Chemical are the prominent players of the market among some others.

Scope of the report: 
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

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