According to a recent Fact.MR study, the dipentaerythritol market witnessed a volume sales of nearly 40 thousand tons in 2018, and is envisaged to record 2.8% Y-o-Y growth in 2019. Aspects influencing growth of the dipentaerythritol market range from traditional use of this chemical byproduct in paints & coatings and explosives manufacturing, to the advent of innovative application areas such as therapeutics and marine coatings. The study expected APEJ to hold a sizeable share of the overall dipentaerythritol volume sales, attributed in part to shifting production facilities from EU and North America to emerging economies of Asia. In addition, China has been one of the leading producers of dipentaerythritol, however fast growth has translated into a phase of overcapacity. This has resulted in intensified competition in line with narrowing profit margins among dipentaerythritol producers in the country.
The study finds that chemical multinationals in China are tailoring their past practices along with adoption of novel strategies for ensuring long-term success, abreast tightening supply trends of dipentaerythritol. The onus of dipentaerythritol market players in China is on self-sufficiency, securing international access to key raw materials, and creating national champions with greater access to western technologies and processes. Such efforts of regional players are expected to retain the lead of APEJ in the dipentaerythritol market.
Industrial Grade Dipentaerythritol Remains Sought-After
Dipentaerythritol variants usually come in two purity grades, namely, industrial and technical, as a consequence of difference in their requirements such as research laboratories and industries. The study opines that supremacy of industrial grade dipentaerythritol is here to stay, despite a relatively faster sales growth projected for the technical grade variant in 2019. Over 80% volume share of the dipentaerythritol market will be accounted by industrial grade variant in 2019.
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According to the study, paints & coatings and lubrications remain the most lucrative application areas for dipentaerythritol worldwide, collectively estimated to account for over 50% of overall volume sales in 2019. Resurgent activities in residential and commercial construction, along with focus of various governments worldwide on infrastructure development, has resulted in an uptick in demand for paints & coatings, thereby underpinning the adoption of dipentaerythritol. Dipentaerythritol sales are significantly undergird by their use in alkyd paints production, as adoption of these paints in construction activities continue to become more pervasive.
This Fact.MR study also offers a detailed and accurate forecast of the dipentaerythritol market for the period between 2019 and 2027.
The dipentaerythritol market is projected to record a volume CAGR of 3.0% through 2027.
According to a recent Fact.MR study, the dipentaerythritol market witnessed a volume sales of nearly 40 thousand tons in 2018, and is envisaged to record 2.8% Y-o-Y growth in 2019.
Aspects influencing growth of the dipentaerythritol market range from traditional use of this chemical byproduct in paints & coatings and explosives manufacturing, to the advent of innovative application areas such as therapeutics and marine coatings.The study expected APEJ to hold a sizeable share of the overall dipentaerythritol volume sales, attributed in part to shifting production facilities from EU and North America to emerging economies of Asia.
This has resulted in intensified competition in line with narrowing profit margins among dipentaerythritol producers in the country.The study finds that chemical multinationals in China are tailoring their past practices along with adoption of novel strategies for ensuring long-term success, abreast tightening supply trends of dipentaerythritol.
The onus of dipentaerythritol market players in China is on self-sufficiency, securing international access to key raw materials, and creating national champions with greater access to western technologies and processes.
Aspects influencing growth of the dipentaerythritol market range from traditional use of this chemical byproduct in paints & coatings and explosives manufacturing, to the advent of innovative application areas such as therapeutics and marine coatings.The study expected APEJ to hold a sizeable share of the overall dipentaerythritol volume sales, attributed in part to shifting production facilities from EU and North America to emerging economies of Asia.
This has resulted in intensified competition in line with narrowing profit margins among dipentaerythritol producers in the country.After reading the dipentaerythritol market report, readers get insight into:Major drivers and restraining factors, opportunities and challenges, and the competitive landscapeNew, promising avenues in key regionsNew revenue streams for all players in emerging marketsFocus and changing role of various regulatory agencies in bolstering new opportunities in various regionsDemand and uptake patterns in key industries of the dipentaerythritol marketNew research and development projects in new technologies in key regional marketsChanging revenue share and size of key product segments during the forecast periodTechnologies and business models with disruptive potentialThe dipentaerythritol market report offers assessment of prevailing opportunities in various regions and evaluates their shares of revenue by the end of different years of the assessment period.
Key regions covered comprise:North America (U.S., Canada)Latin America (Brazil, Mexico)Europe (Germany, France)APEJ (India, China)MEA (Turkey, South Africa)The evaluation of the competitive landscape in the dipentaerythritol market covers the profile of the following top players: Ercros S.A.Kanoria Chemicals & Industries Ltd.Merck KGaAHenan Tianfu Chemical Co. LtdAlder S.p.AWatson International LtdBOC SciencesKanoria Chemicals & IndustriesTCI Chemicals (India) Pvt.
Ltd.IGM Resins B.V.Puyang Yongan Chemical Co., LtdSamyang Chemical CorporationJiangsu World Chemical Industry Co., Ltd.Request for Report Methodology: https://www.factmr.com/connectus/sample?flag=RM_id=3179Industrial Grade Dipentaerythritol Remains Sought-AfterDipentaerythritol variants usually come in two purity grades, namely, industrial and technical, as a consequence of difference in their requirements such as research laboratories and industries.
Resurgent activities in residential and commercial construction, along with focus of various governments worldwide on infrastructure development, has resulted in an uptick in demand for paints & coatings, thereby underpinning the adoption of dipentaerythritol.
Dipentaerythritol sales are significantly undergird by their use in alkyd paints production, as adoption of these paints in construction activities continue to become more pervasive.Manufacturers Investing in Developing Innovative OfferingsSignificance of thin film intumescent coatings has witnessed a marked uptick in the recent past, in light of their ability to provide cost-effective, passive fire protection, while maintaining the aesthetic attributes of steel.
The new report on the Dipentaerythritol market provides estimations of the size of the global market and share and size of key regional markets during the historical period of 2013 – 2018.
The dipentaerythritol market is projected to record a volume CAGR of 3.0% through 2027.
The business intelligence study offers readers a granular assessment of key growth dynamics, promising avenues, and the competitive landscape of the Dipentaerythritol market.
2013 is considered as the base year and 2027 as the estimation year.Request to View Sample of Report @ https://www.factmr.com/connectus/sample?flag=S_id=3179To offer a comprehensive assessment of opportunities, the study makes a scrutiny of growth prospects in various regions.
The key regions comprise the following geographical segments:North AmericaLatin AmericaEuropeJapanAPEJMEAThe detailed assessments focus on, inter alia, on the regulatory and macroeconomic frameworks, prevailing pricing structure, imminent investment pockets, and emerging application areas.
Taking the analysis further, the study helps readers get a better understanding of the trends characteristics of the emerging markets, including government regulations crucial to growth of such markets.
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The key market players for the global Non-Tire Synthetic market are listed below:GoodyearPolimeri EruopaSiburNKNHLion ElastomersJSRZeonKratonTSRCAmerican SyntheticLG ChemicalDowLCY ChemicalSinopec Beijing YanshanSinopec Shanghai GaoqiaoShen Hua ChemicalSinopec QiluCNPC JilinSinopec BalinYPC-GPRO RubberTransfarSinopec MaomingDaqing Oilfield of CNPCCNPC LanzhouCNPC jinzhouOthersClick here to get a FREE Sample Copy of the Non-Tire Synthetic Market Research Report @ https://www.decisiondatabases.com/contact/download-sample-26945The Global Non-tire Synthetic Market Report is equipped with market data from 2016 to 2026.
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