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PUBLISHER: IMARC | PRODUCT CODE: 1370288
PUBLISHER: IMARC | PRODUCT CODE: 1370288
Pentaerythritol Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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PAGES: 148 Pages
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Abstract
Market Overview:
The global pentaerythritol market size reached US$ 1.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.2 Billion by 2028, exhibiting a growth rate (CAGR) of 4.9% during 2023-2028.
Pentaerythritol, or tetramethyl methane, is a white crystalline powder that is primarily used in the manufacturing of synthetic lubricants and resins. It is an organic compound that is produced by the condensation of acetaldehyde and formaldehyde and is used in high-quality surface coatings, refrigeration systems and varnishes. It is soluble in organic solvents, such as glycerol, ethanol, acetone, carbon tetrachloride and petroleum and exhibits physical properties, such as high flash point, resistance to ignition, high thermal stability and low volatility. It also exhibits high luster, flexibility and water and alkali resistance, owing to which it is widely used in the manufacturing of medicines, flame retardants, pesticides and explosives.
Extensive utilization of pentaerythritol in the automotive industry is one of the key factors driving the growth of the market. In this industry, pentaerythritol is used in the manufacturing of automotive lubricants and polyurethane foams that are integrated into vehicle interiors and door handles, bumper systems, gear knobs, dashboards and seat cushions. Furthermore, the increasing demand for formaldehyde and acetaldehyde substitutes in the production of paints, coatings, alkyd adhesives, plasticizers, radiation-cured coatings and industrial inks and synthetic rubber is also providing a boost to the market growth. Apart from this, various industries are using pentaerythritol as a stable alternative for electrical transformer liquids. Additionally, growing environmental consciousness among the masses that has led to an increasing preference for bio-based polyols, including pentaerythritol, is creating a positive outlook for the market. Other factors, including rapid industrialization, along with extensive research and development (R&D) activities, are projected to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global pentaerythritol market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on 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
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Celanese Corporation, Copenor Companhia Petroquimica do Nordeste, Ercros S.A., Hubei Yihua Group Co. Ltd., Merck KGaA, Mitsui Chemicals Inc., etc.
Key Questions Answered in This Report:
- How has the global pentaerythritol market performed so far and how will it perform in the coming years?
- What are the key regional markets?
- What has been the impact of COVID-19 on the global pentaerythritol market?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end-use industry?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global pentaerythritol market and who are the key players?
- What is the degree of competition in the industry?
Product Code: SR112023A2226
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Pentaerythritol Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product Type
- 6.1 Penaerythritol-95
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Penaerythritol-98
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Others
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Application
- 7.1 Alkyd Paints
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Alkyd Inks
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Alkyd Adhesives
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Plasticizers
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Alkyd Varnishes
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 7.6 Radiation Cure Coatings
- 7.6.1 Market Trends
- 7.6.2 Market Forecast
- 7.7 Lubricants
- 7.7.1 Market Trends
- 7.7.2 Market Forecast
- 7.8 Others
- 7.8.1 Market Trends
- 7.8.2 Market Forecast
8 Market Breakup by End-Use Industry
- 8.1 Paints
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Automobiles
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Construction
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Others
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Indicators
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Celanese Corporation
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
- 14.3.2 Copenor Companhia Petroquimica do Nordeste
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Ercros S.A.
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.3.4 SWOT Analysis
- 14.3.4 Hubei Yihua Group Co. Ltd.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 Merck KGaA
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.5.4 SWOT Analysis
- 14.3.6 Mitsui Chemicals Inc.
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.1 Celanese Corporation
Product Code: SR112023A2226
List of Figures
- Figure 1: Global: Pentaerythritol Market: Major Drivers and Challenges
- Figure 2: Global: Pentaerythritol Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Pentaerythritol Market: Breakup by Product Type (in %), 2022
- Figure 4: Global: Pentaerythritol Market: Breakup by Application (in %), 2022
- Figure 5: Global: Pentaerythritol Market: Breakup by End-Use Industry (in %), 2022
- Figure 6: Global: Pentaerythritol Market: Breakup by Region (in %), 2022
- Figure 7: Global: Pentaerythritol Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 8: Global: Pentaerythritol (Penaerythritol-95) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Pentaerythritol (Penaerythritol-95) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Pentaerythritol (Penaerythritol-98) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Pentaerythritol (Penaerythritol-98) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Pentaerythritol (Others) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Pentaerythritol (Others) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Pentaerythritol (Alkyd Paints) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Pentaerythritol (Alkyd Paints) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Pentaerythritol (Alkyd Inks) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Pentaerythritol (Alkyd Inks) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Pentaerythritol (Alkyd Adhesives) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Pentaerythritol (Alkyd Adhesives) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Pentaerythritol (Plasticizers) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Pentaerythritol (Plasticizers) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Pentaerythritol (Alkyd Varnishes) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Pentaerythritol (Alkyd Varnishes) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Pentaerythritol (Radiation Cure Coatings) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Pentaerythritol (Radiation Cure Coatings) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Pentaerythritol (Lubricants) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Pentaerythritol (Lubricants) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Global: Pentaerythritol (Others) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Global: Pentaerythritol (Others) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Global: Pentaerythritol (Paints) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Global: Pentaerythritol (Paints) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Global: Pentaerythritol (Automobiles) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Global: Pentaerythritol (Automobiles) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Global: Pentaerythritol (Construction) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Global: Pentaerythritol (Construction) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: Global: Pentaerythritol (Others) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: Global: Pentaerythritol (Others) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: North America: Pentaerythritol Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: North America: Pentaerythritol Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: United States: Pentaerythritol Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: United States: Pentaerythritol Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: Canada: Pentaerythritol Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: Canada: Pentaerythritol Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Asia Pacific: Pentaerythritol Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Asia Pacific: Pentaerythritol Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: China: Pentaerythritol Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: China: Pentaerythritol Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Japan: Pentaerythritol Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Japan: Pentaerythritol Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: India: Pentaerythritol Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: India: Pentaerythritol Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: South Korea: Pentaerythritol Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: South Korea: Pentaerythritol Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Australia: Pentaerythritol Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Australia: Pentaerythritol Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Indonesia: Pentaerythritol Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Indonesia: Pentaerythritol Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Others: Pentaerythritol Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Others: Pentaerythritol Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Europe: Pentaerythritol Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Europe: Pentaerythritol Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Germany: Pentaerythritol Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Germany: Pentaerythritol Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: France: Pentaerythritol Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: France: Pentaerythritol Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: United Kingdom: Pentaerythritol Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: United Kingdom: Pentaerythritol Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Italy: Pentaerythritol Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Italy: Pentaerythritol Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Spain: Pentaerythritol Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Spain: Pentaerythritol Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Russia: Pentaerythritol Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Russia: Pentaerythritol Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Others: Pentaerythritol Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Others: Pentaerythritol Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: Latin America: Pentaerythritol Market: Sales Value (in Million US$), 2017 & 2022
- Figure 77: Latin America: Pentaerythritol Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 78: Brazil: Pentaerythritol Market: Sales Value (in Million US$), 2017 & 2022
- Figure 79: Brazil: Pentaerythritol Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 80: Mexico: Pentaerythritol Market: Sales Value (in Million US$), 2017 & 2022
- Figure 81: Mexico: Pentaerythritol Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 82: Others: Pentaerythritol Market: Sales Value (in Million US$), 2017 & 2022
- Figure 83: Others: Pentaerythritol Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 84: Middle East and Africa: Pentaerythritol Market: Sales Value (in Million US$), 2017 & 2022
- Figure 85: Middle East and Africa: Pentaerythritol Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 86: Global: Pentaerythritol Industry: SWOT Analysis
- Figure 87: Global: Pentaerythritol Industry: Value Chain Analysis
- Figure 88: Global: Pentaerythritol Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Pentaerythritol Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Pentaerythritol Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
- Table 3: Global: Pentaerythritol Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 4: Global: Pentaerythritol Market Forecast: Breakup by End-Use Industry (in Million US$), 2023-2028
- Table 5: Global: Pentaerythritol Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Pentaerythritol Market Structure
- Table 7: Global: Pentaerythritol Market: Key Players
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