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Asia Pacific region accounted for over 40% of Global Pentaerythritol Market Share | Research Report by Research Cosmos

November 16
00:15 2018

Pentaerythritol Market | Research Cosmos
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.

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.

Browse full report @ https://www.researchcosmos.com/reports/global-pentaerythritol-market-analysis-industry-forecast-2017-to-2022/3830225

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.

Key Takeaways from this Report:

  • For different product types, end-use applications and industry verticals, offers calculated growth rates (CAGR %), Volume (Units), and Value ($M) in each region to estimate the market potential.
  • Identify various driving factors, constraints and untold opportunities that can impact the global marketplace
  • Know the position of your competitor based on the market shares, financial performance, strategical approaches, SWOT, product benchmarking and so on.
  • Increase overall revenue by understanding the geographical impact on sales and distribution channels.
  • Evaluate the increase in values at each step of the industry supply chain to improve process efficacy and optimize the value.
  • Understand the market dynamics of leading players like deals, partnerships, new products, mergers and acquisitions in the last four years.
  • Estimate the gaps in supply-demand, statics involved in import-export, and regulatory framework of the worldwide market in over 20 top nations.

Make an Inquire before buying @ https://www.researchcosmos.com/inquire/global-pentaerythritol-market-analysis-industry-forecast-2/3830225

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. 

About Us:            
Research Cosmos is a provider of standard and customized Industry research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending Industry reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.

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Website: https://www.researchcosmos.com/reports/global-pentaerythritol-market-analysis-industry-forecast-2017-to-2022/3830225

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