According to Stratistics MRC, the Global Pentaerythritol Market is accounted for $725.70 million in 2020 and is expected to reach $1,016.32 million by 2028 growing at a CAGR of 4.3% during the forecast period. The growing demand for stable polyols across several derivatives manufacturing industries and increasing application of pentaerythritol in transformer dielectric fluids are the factors driving the market growth. However, demand for formaldehyde and acetaldehyde is hampering the growth of the market.
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By geography, Asia Pacific is going to have high growth during the forecast period owing to the factors such as continuous expansion of various end-use industries, increasing disposable income along with growing production and sales of an automotive vehicle, rising purchasing power, inexpensive labor and land cost, low production set up cost, and moderately stringent regulatory framework.
Some of the key players profiled in the Pentaerythritol Market include Baoding Guoxiu Chemical Industry, Celanese Corp, Ercros SA, Evonik, Henan Pengcheng Group, Holding AB, Hubei Yihua Group Co. Ltd, Kanoria Chemicals & Industries Limited, Mitsui Chemicals Inc, Perstorp, Ruiyang Chemical, Shahid Rasouli, U-Jin Chemical, Yunnan Yuntianhua, and Zarja Chemical.
Types Covered:
• Pentaerythritol -95
• Pentaerythritol -98
Products Covered:
• Di-Pentaerythritol
• Mono Pentaerythritol
• Tri-Pentaerythritol
Grades Covered:
• Nitration Grade
• Technical Grade
Applications Covered:
• Alkyd Adhesives and Sealants
• Alkyd Inks
• Alkyd Varnishes
• Lubricants
• Paints & Coatings
• Plasticizers
• Radiation Cure Coatings
• Other Applications
End Users Covered:
• Agriculture
• Automobiles
• Construction
Sales Channels Covered:
• Online Channel
• Traditional Marketing Channel (Offline)
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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