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Pentaerythritol Market

Pentaerythritol Market Forecasts to 2028 – Global Analysis By Product (Di-Pentaerythritol, Mono Pentaerythritol, Tri-Pentaerythritol), End User (Agriculture, Automobiles, Construction) and By Geography

4.5 (59 reviews)
Published: August 2021 ID: SMRC20887
4.5 (59 reviews)
Published: August 2021 ID: SMRC20887

This report covers the impact of COVID-19 on this global market
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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.

Pentaerythritol or 2,2-bis(hydroxymethyl)propane-1,3-diol is an odorless white, crystalline, solid organic compound. It is tetrahydric neopentyl alcohol with chemical formula C5H12O4 and is non-hygroscopic, non-volatile, and stable in air. It is predominantly used in the surface coating industries.

Based on the application, the paints & coatings segment is going to have lucrative growth during the forecast period due to the increasing demand in the automotive and construction industries.

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.

Report Coverage

Details

Published Year:

2021

Estimated Market Size in 2020:

USD 725.70 million

Estimated Period:

2020

Compound Annual Growth Rate (CAGR)  from 2020 to 2028:

4.3%

Predicted 2028 Value:

USD 1,016.32 million

Forecast Years:

2021-2028

Tables, Graphs & Figures

193

Chapters Covered:

Type, Product, Grade, Application, End User, Sales Channel, and Region

Core Drivers and Opportunities:

  • Increasing application in transformer dielectric fluids
  • Rising demand for stable polyols
  • Growth of end-use industries

Restraining Factors & Market Threats:

  • Increasing demand for formaldehyde and acetaldehyde
  • Volatile raw material prices


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

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2054 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Key Questions Answered In The Report

The Global Pentaerythritol Market is majorly driven by growing demand for stable polyols across several derivatives manufacturing industries and increasing application of pentaerythritol in transformer dielectric fluids.

The automobiles segment is growing at a highest CAGR owing to the wide range of applications of pentaerythritol in vehicle exterior as well as interior parts.

North America dominated with a significant market share due to the factors such as increasing onshore and offshore activities and growing pharmaceutical sector.

Europe market is growing at a highest CAGR owing to the strong presence of automotive manufacturers in the region.

Key players in 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.

1 Executive Summary     
       
2 Preface      

 2.1 Abstract     
 2.2 Stake Holders    
 2.3 Research Scope    
 2.4 Research Methodology   
  2.4.1 Data Mining   
  2.4.2 Data Analysis   
  2.4.3 Data Validation   
  2.4.4 Research Approach   
 2.5 Research Sources    
  2.5.1 Primary Research Sources  
  2.5.2 Secondary Research Sources  
  2.5.3 Assumptions   
       
3 Market Trend Analysis    
 3.1 Introduction    
 3.2 Drivers     
 3.3 Restraints     
 3.4 Opportunities    
 3.5 Threats     
 3.6 Product Analysis    
 3.7 Application Analysis    
 3.8 End User Analysis    
 3.9 Emerging Markets    
 3.10 Impact of Covid-19    
       
4 Porters Five Force Analysis    
 4.1 Bargaining power of suppliers   
 4.2 Bargaining power of buyers   
 4.3 Threat of substitutes    
 4.4 Threat of new entrants   
 4.5 Competitive rivalry    
       
5 Global Pentaerythritol Market, By Type   
 5.1 Introduction    
 5.2 Pentaerythritol -95    
 5.3 Pentaerythritol -98    
       
6 Global Pentaerythritol Market, By Product  
 6.1 Introduction    
 6.2 Di-Pentaerythritol    
 6.3 Mono Pentaerythritol   
 6.4 Tri-Pentaerythritol    
       
7 Global Pentaerythritol Market, By Grade   
 7.1 Introduction    
 7.2 Nitration Grade    
 7.3 Technical Grade    
       
8 Global Pentaerythritol Market, By Application  
 8.1 Introduction    
 8.2 Alkyd Adhesives and Sealants   
 8.3 Alkyd Inks     
 8.4 Alkyd Varnishes    
 8.5 Lubricants    
 8.6 Paints & Coatings    
 8.7 Plasticizers    
 8.8 Radiation Cure Coatings   
 8.9 Other Applications    
  8.9.1 Explosives   
  8.9.2 Flame Retardants   
  8.9.3 Medicine    
  8.9.4 Pesticide    
       
9 Global Pentaerythritol Market, By End User  

 9.1 Introduction    
 9.2 Agriculture    
 9.3 Automobiles    
 9.4 Construction    
       
10 Global Pentaerythritol Market, By Sales Channel  
 10.1 Introduction    
 10.2 Online Channel    
 10.3 Traditional Marketing Channel (Offline)  
       
11 Global Pentaerythritol Market, By Geography  
 11.1 Introduction    
 11.2 North America    
  11.2.1 US    
  11.2.2 Canada    
  11.2.3 Mexico    
 11.3 Europe     
  11.3.1 Germany    
  11.3.2 UK    
  11.3.3 Italy    
  11.3.4 France    
  11.3.5 Spain    
  11.3.6 Rest of Europe   
 11.4 Asia Pacific    
  11.4.1 Japan    
  11.4.2 China    
  11.4.3 India    
  11.4.4 Australia    
  11.4.5 New Zealand   
  11.4.6 South Korea   
  11.4.7 Rest of Asia Pacific   
 11.5 South America    
  11.5.1 Argentina    
  11.5.2 Brazil    
  11.5.3 Chile    
  11.5.4 Rest of South America  
 11.6 Middle East & Africa    
  11.6.1 Saudi Arabia   
  11.6.2 UAE    
  11.6.3 Qatar    
  11.6.4 South Africa   
  11.6.5 Rest of Middle East & Africa  
       
12 Key Developments     
 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
 12.2 Acquisitions & Mergers   
 12.3 New Product Launch    
 12.4 Expansions    
 12.5 Other Key Strategies    
       
13 Company Profiling     
 13.1 Baoding Guoxiu Chemical Industry  
 13.2 Celanese Corp    
 13.3 Ercros SA     
 13.4 Evonik     
 13.5 Henan Pengcheng Group   
 13.6 Holding AB    
 13.7 Hubei Yihua Group Co. Ltd   
 13.8 Kanoria Chemicals & Industries Limited  
 13.9 Mitsui Chemicals Inc    
 13.10 Perstorp     
 13.11 Ruiyang Chemical    
 13.12 Shahid Rasouli    
 13.13 U-Jin Chemical    
 13.14 Yunnan Yuntianhua    
 13.15 Zarja Chemical    


List of Tables      
1 Global Pentaerythritol Market Outlook, By Region (2019-2028) (US $MN) 
2 Global Pentaerythritol Market Outlook, By Type (2019-2028) (US $MN) 
3 Global Pentaerythritol Market Outlook, By Pentaerythritol -95 (2019-2028) (US $MN)
4 Global Pentaerythritol Market Outlook, By Pentaerythritol -98 (2019-2028) (US $MN)
5 Global Pentaerythritol Market Outlook, By Product (2019-2028) (US $MN) 
6 Global Pentaerythritol Market Outlook, By Di-Pentaerythritol (2019-2028) (US $MN)
7 Global Pentaerythritol Market Outlook, By Mono Pentaerythritol (2019-2028) (US $MN)
8 Global Pentaerythritol Market Outlook, By Tri-Pentaerythritol (2019-2028) (US $MN)
9 Global Pentaerythritol Market Outlook, By Grade (2019-2028) (US $MN) 
10 Global Pentaerythritol Market Outlook, By Nitration Grade (2019-2028) (US $MN)
11 Global Pentaerythritol Market Outlook, By Technical Grade (2019-2028) (US $MN)
12 Global Pentaerythritol Market Outlook, By Application (2019-2028) (US $MN)
13 Global Pentaerythritol Market Outlook, By Alkyd Adhesives and Sealants (2019-2028) (US $MN)
14 Global Pentaerythritol Market Outlook, By Alkyd Inks (2019-2028) (US $MN) 
15 Global Pentaerythritol Market Outlook, By Alkyd Varnishes (2019-2028) (US $MN)
16 Global Pentaerythritol Market Outlook, By Lubricants (2019-2028) (US $MN)
17 Global Pentaerythritol Market Outlook, By Paints & Coatings (2019-2028) (US $MN)
18 Global Pentaerythritol Market Outlook, By Plasticizers (2019-2028) (US $MN)
19 Global Pentaerythritol Market Outlook, By Radiation Cure Coatings (2019-2028) (US $MN)
20 Global Pentaerythritol Market Outlook, By Other Applications (2019-2028) (US $MN)
21 Global Pentaerythritol Market Outlook, By Explosives (2019-2028) (US $MN)
22 Global Pentaerythritol Market Outlook, By Flame Retardants (2019-2028) (US $MN)
23 Global Pentaerythritol Market Outlook, By Medicine (2019-2028) (US $MN) 
24 Global Pentaerythritol Market Outlook, By Pesticide (2019-2028) (US $MN) 
25 Global Pentaerythritol Market Outlook, By End User (2019-2028) (US $MN) 
26 Global Pentaerythritol Market Outlook, By Agriculture (2019-2028) (US $MN)
27 Global Pentaerythritol Market Outlook, By Automobiles (2019-2028) (US $MN)
28 Global Pentaerythritol Market Outlook, By Construction (2019-2028) (US $MN)
29 Global Pentaerythritol Market Outlook, By Sales Channel (2019-2028) (US $MN)
30 Global Pentaerythritol Market Outlook, By Online Channel (2019-2028) (US $MN)
31 Global Pentaerythritol Market Outlook, By Traditional Marketing Channel (Offline) (2019-2028) (US $MN)
       
NOTE: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the same manner above.

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