Press release
Neopentyl Glycol Market By Product and Service, By Application, By End User and Region: Global Industry Analysis, Share, Opportunity, Competition and Forecast 2022 to 2028 - Koei-Perstorp Chemical, CDH Fine Chemicals India, Perstorp, Shandong Aifute
The Neopentyl Glycol market 2022-2028 report provides a detailed analysis of the dynamic of the market with an extensive focus on secondary research. The report sheds light on the current situation of the market size, share, demand, development patterns, and forecast for the coming years.The research report aims to provide reliable and useful Neopentyl Glycol industry information and data on the national and international markets thereby helping the market leaders, investors, small businesses, and others gain market intelligence from around the world. The report provides the global Neopentyl Glycol market players the insights needed to make key decisions with regard to international markets like expansion and investments. The Neopentyl Glycol report anticipates future economic, business, and political factors and trends that may impact their performance at regional and international levels. The multinational businesses that are on top in the Neopentyl Glycol marketplace in the recent years and the topics related to the selected markets are covered in report.
The Global Neopentyl Glycol Market Size is Projected to Reach a CAGR of 7% during 2022-2028.
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Major Market Players Profiled in the Report include:
Koei-Perstorp Chemical, CDH Fine Chemicals India, Perstorp, Shandong Aifute, Shandong Dongchen, Shandong Guanghe, Eastman Chemical, Celanese, Polioli, Mitsubishi Gas Chemical, BASF, Shandong Linzi Yongliu, LG Chemical, Shandong Kangte Weiye, Lanxess
Recent Development:
In September 2020 BASF-YPC (a 50-50 joint venture between BASF and SINOPEC) expanded the production capacity of neopentyl glycol at its state of art Verbund site in Nanjing, Chinas. The new expansion is aimed at strengthening the company's market position.
Similarly, in September 2019, BASF, one of the world's leading NPG manufacturers, increased the capacity of its neopentyl glycol (NPG) plant by 1000 metric tons per year at the Verbund site in Ludwigshafen, Germany.
IN December 2021, QQ Chemicals, a global manufacturer of oxo intermediates and OXO derivatives, increased the prices for neopentyl glycol.
Market Overview:
Neopentyl glycol (NPG) is a unique organic chemical compound which is extensively used in the synthesis of various products including polyesters, paints, coatings, and lubricants. Excellent properties of the product such as superior UV, hydrolytic and chemical resistance and better stability makes it an ideal candidate industrial applications. Growing environmental concerns regarding the higher emission of volatile organic compound (VOC) is compelling industries to adopt low emission VOC compounds, which is further augmenting the demand for neopentyl glycol. Neopentyl glycol is an excellent alternative to various high VOC chemical compounds.
Neopentyl Glycol Market Segmentation by Type:
Flakes
Molten
Slurry
Neopentyl Glycol Market Segmentation by Application:
Coatings
Automotive parts/insulation
Construction insulation
Furniture/footwear
Plasticisers
Electronic products
Other
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REGIONAL ANALYSIS
North America (US, Canada, Mexico)
Europe (Germany, France, UK, Russia, Italy)
Asia Pacific (China, Japan, South Korea, India, Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi peninsula, UAE), Egypt, Nigeria, and South Korea)
Key Questions Answered through the Report
(1) How will the global Neopentyl Glycol market perform during the forecast period? What will be the market size in terms of value and volume?
(2) Which segment will drive the global Neopentyl Glycol market? Which regional market will show extensive growth in the future? What are the reasons?
(3) How will the Neopentyl Glycol market dynamics change because of the impact of future market opportunities, restraints, and drivers?
(4) What are the key strategies adopted by players to sustain themselves in the global Neopentyl Glycol market?
(5) How will these strategies influence the Neopentyl Glycol market growth and competition?
Key Insights That Study Is Going to Provide:
The 360-degree Neopentyl Glycol Market overview is based on a global and regional level
Market Share & Sales Revenue by Key Players & Emerging Regional Players
Competitors - In this section, various Neopentyl Glycol industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost, and revenue.
A separate chapter on Neopentyl Glycol Market Entropy to gain insights on Leader's aggressiveness towards market [Merger & Acquisition / Recent Investment and Key Developments]
Patent Analysis No of patents / Trademarks filed in recent years.
Table of Content:
Chapter 1: Introduction, market driving force product Objective of Study, and Research Scope Neopentyl Glycol Market
Chapter 2: Exclusive Summary - the basic information of the Neopentyl Glycol Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends, and Challenges of Neopentyl Glycol
Chapter 4: Presenting Neopentyl Glycol Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying 2015-2020 by Type, End-User, and Region
Chapter 6: Evaluating the top manufacturers in the Neopentyl Glycol Market, including their Competitive Landscape, Peer Group Analysis, BCG Matrix, and Company Profile.
Chapter 7: To evaluate the market by segments, by countries, and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology, and Data Source
Conclusion: At the end of the Neopentyl Glycol Market report, all the findings and estimations are given. It also includes major drivers and opportunities along with regional analysis. The segment analysis is also provided in terms of type and application.
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Product Name - Neopentyl Glycol
HS Code - 39079120
Molecular Weight - 104.148 g/mol
Chemical Formula - C5H12O2
Synonyms - 2,2-Dimethylpropane-1,3-diol, 2,2-Dimethyl-1,3-propanediol
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Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
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