Press release
Pentaerythritol Market Segments, Opportunity, Growth and Forecast by End-Use Industry 2022-2027
According to the latest report by IMARC Group, titled "Pentaerythritol Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," offers a comprehensive analysis of the industry, which comprises insights on pentaerythritol market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global pentaerythritol market size reached US$ 1.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 2.1 Billion by 2027, exhibiting a growth rate (CAGR) of 5.45% during 2022-2027.Pentaerythritol is a compound with the chemical formula C(CH2OH)4. It is a crystalline, white, odorless compound classified as a polyol. The compound is a building block for several compounds that are utilized to manufacture explosives, plastics, paints, appliances, lubricants, cosmetics, and other commercial and industrial products. It possesses excellent properties, such as water resistance, luster, flexibility, and resistance to alkali.
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Global Pentaerythritol Market Trends:
The global market is majorly driven by increasing product demand from the automobile sector. In line with this, the rising usage of the compound for PU manufacturing, predominantly used in seat cushions, door handles, gear knobs, and other exterior and interior of cars, is significantly contributing to the market. Apart from this, rapid industrialization and the increasing building and construction activities are catalyzing the market growth across the globe. Moreover, rising mining and quarrying activities in developed and developing economies have increased the consumption of explosives, which, in turn, is propelling the adoption of pentaerythritol.
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/pentaerythritol-market
Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
• Celanese Corporation
• Copenor
• Ercros S.A
• Hubei Yihua Group Co. Ltd
• Merck KGaA
• Mitsui Chemicals Inc
Pentaerythritol Market Segmentation:
Our report has categorized the market based on region, product type, application and end use industry.
Breakup by Product Type:
• Penaerythritol-95
• Penaerythritol-98
• Others
Breakup by Application:
• Alkyd Paints
• Alkyd Inks
• Alkyd Adhesives
• Plasticizers
• Alkyd Varnishes
• Radiation Cure Coatings
• Lubricants
• Others
Breakup by End-Use Industry:
• Paints
• Automobiles
• Construction
• Others
Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
We are updating our reports, If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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Product Name - Pentaerythritol
Molecular Weight - 136.15 g/mol
Chemical Formula - C5H12O4
Synonyms - 2-2-Bis(hydroxymethyl)1,3-propanediol, Hercules P 6, Monopentaerythritol, Tetramethylolmethane, THME, PETP, Pentaerythrite
Currency - US$ (Data can also be provided in local currency)
Supplier Database Availability - Yes
Customization Scope - Our services can be customized as per the requirements of the customer
Post-Sale Analyst Support - 360-degree analyst support after service delivery
Region/Countries for which Data is available
Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan,…
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