Informative Report on Pentaerythritol Market 2019: Analysis by Trends, Regions and Top Key Players (Perstorp, Ercros SA, Hubei Yihua Group, Copenor, Henan Pengcheng Group, Kanoria Chemicals) | Forecasts to 2023
Global Pentaerythritol Market Overview:
The Global Pentaerythritol Market has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Pentaerythritol Market size to maintain the average annual growth rate of 1.11% from USD 712 Million in 2015 to USD 736 Million in 2018, market analysts believe that in the next few years, Pentaerythritol Market size will be further expanded, we expect that by 2023, The market size of the Pentaerythritol will reach USD 771 Million.
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As per the market report analysis, some of the noticeable market factors and trends identified in the Global Pentaerythritol Market include rapid industrialization, increasing automotive production & sales and rising building & construction activities across the world. Rising automotive production along with increasing application scope such as surface coating and lubricants is estimated to propel the growth of the market. Increasing population and growing per capita disposable income along with consumer spending have driven the infrastructural developments in developing countries.
The Global Pentaerythritol Market is segmented on the basis of Type, Application and Region. Based on the Type, the Global Pentaerythritol Market is classified into Pentaerythritol-95, Pentaerythritol-98 and others. On the basis of Application, the Global Pentaerythritol Market is sub-segmented into Alkyd Paints, Alkyd Inks, Alkyd Adhesives & Sealants and others.
In terms of the regional analysis, APAC 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. Europe emerged as the second largest market for Pentaerythritol in 2016 followed by North America. North America is projected to witness a lucrative growth in Pentaerythritol Market owing to recovery of industrial sector along with growing expenditure on renovation & maintenance of construction sector during the assessment period.
Latest Industry News:
Perstorp (May 09, 2019) – New plant for Sodium Formate Deicer Pergrip – Perstorp, a global leader in the specialty chemicals market, has announced a decision to construct a new plant in Perstorp, Sweden. The plant will increase capacity for Pergrip Run NF, the Sodium Formate deicer product for runways.
With its partner Dalshult, Perstorp has agreed to construct the plant to granulate solid Sodium Formate Deicer. The new plant is a large investment and will increase availability and security of supply for Pergrip Run NF, the deicer of choice for many leading airports in Europe,thanks to its high performance and reduced impact on the environment. Pergriphas by far the lowest carbon footprint versus comparative deicers and a low chemical oxygen demand (COD). This applies less stress to runoff wastewater from run and taxi ways, resulting in reduced water contamination and in less water treatment being required. This is important in helping to meet the growing demand from airports and cities for better environmental performance.
Top Leading Key Manufacturers are: Ercros SA, Hubei Yihua Group Co. Ltd., Perstorp, Baoding Guoxiu Chemical Industry, Copenor, Henan Pengcheng Group, Kanoria Chemicals and Industries, Yunnan Yuntianhua, Zarja Chemical, Asia Paints, Liyang Ruiyang Chemical and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Region segment: This report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Pentaerythritol in these regions, from 2013 to 2023 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America
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Major Points in Table of Contents:
Global Pentaerythritol Market Report 2019
1 Pentaerythritol Product Definition
2 Global Pentaerythritol Market Manufacturer Share and Market Overview
2.1 Global Manufacturer Pentaerythritol Shipments
2.2 Global Manufacturer Pentaerythritol Business Revenue
2.3 Global Pentaerythritol Market Overview
3 Manufacturer Pentaerythritol Business Introduction
3.1 Perstorp Pentaerythritol Business Introduction
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Geographically, this report split global into several key Regions, with sales (K MT), revenue (Million USD), market share and growth rate of Pentaerythritol for these regions, from 2012 to 2022 (forecast), covering United States China Europe Japan Southeast Asia India Ask for sample copy @ https://www.researchtrades.com/request-sample/1291825 Global Pentaerythritol market competition by top manufacturers/players, with Pentaerythritol sales volume, Price (USD/MT), revenue (Million USD) and market share for each manufacturer/player; the top players including Perstorp Celanese LCY Chemical Hercules Ercros SA Yihua Chemical Kailin Ruiyang Chemical Baoding
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