Press release
Piperylene Market worth $1,762.95 million by 2030, growing at a CAGR of 8.53% - Exclusive Report by 360iResearch
The "Piperylene Market by Form (Piperylene Concentrate, Piperylene Derivatives), Application (Adhesives, Plastics, Resins) - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.The Global Piperylene Market to grow from USD 993.56 million in 2023 to USD 1,762.95 million by 2030, at a CAGR of 8.53%.
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Piperylene, also known as 1,3-pentadiene, is a flammable hydrocarbon obtained as a byproduct during ethylene production from crude oil, which is a clear colorless liquid and is separated as a concentrate and produced as a co-product of isoprene production. The growing demand for plastics and resins from major end-user sectors, coupled with investments in building and highway infrastructure development, is driving the utilization of piperylene worldwide. On the contrary, the cost-intensive nature of piperylene separation and initial raw materials and problems related to storage and transportation hinders their widespread use. However, advancements in manufacturing and separation processes used in piperylene, developing large-scale steam crackers, and introducing the C5-based production process are expected to expand the production and consumption of piperylene in the coming years.
The production and utilization of piperylene in Asia-Pacific are increasing considerably with the continuous expansion of steam cracker projects in Indonesia, South Korea, China, and others and the introduction of C5-based production processes to produce value-added products, including piperylene. The increasing focus on better managing steam cracker value chains and exploring the untapped potential of C5s in the U.S., Germany, Netherlands, and other countries expands the consumption and separation of piperylene. Moreover, governments in developing countries, including India, South Africa, and Mexico, among others, have been making considerable investments in large-scale road construction projects providing scope for the usage of piperylene as road marking paints. Furthermore, the significant investments made in building and construction infrastructure development in developing and developed economies to ensure economic growth and meet the growing population and urbanization demands are expected to boost the expansion of the piperylene market in the coming years.
Market Segmentation & Coverage:
This research report categorizes the Piperylene Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Form, market is studied across Piperylene Concentrate and Piperylene Derivatives. The Piperylene Derivatives is projected to witness significant market share during forecast period.
Based on Application, market is studied across Adhesives, Plastics, and Resins. The Resins is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas is projected to witness significant market share during forecast period.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Piperylene Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Piperylene Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Piperylene Market, highlighting leading vendors and their innovative profiles. These include Biosynth Ltd., Braskem SA, China Petrochemical Corporation, Dow Inc., Glentham Life Sciences Limited, GlobalchemMall, Hangzhou Zhongqi Chem Co., Ltd., Karolef Ltd., Lotte Chemical Corporation, LyondellBasell Industries N.V., Merck KGaA, National Analytical Corporation, Nova Chemicals Corporation, Shandong Yuhuang Chemical Co., Ltd., Shanghai Shangyi Chemical Technology Co., Ltd., Shell PLC, Tokyo Chemical Industry Co., Ltd., Vizag Chemical, Yeochun NCC Co., Ltd., and Zeon Corporation.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Piperylene Market, by Form
7. Piperylene Market, by Application
8. Americas Piperylene Market
9. Asia-Pacific Piperylene Market
10. Europe, Middle East & Africa Piperylene Market
11. Competitive Landscape
12. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Piperylene Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Piperylene Market?
3. What is the competitive strategic window for opportunities in the Piperylene Market?
4. What are the technology trends and regulatory frameworks in the Piperylene Market?
5. What is the market share of the leading vendors in the Piperylene Market?
6. What modes and strategic moves are considered suitable for entering the Piperylene Market?
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
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