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Global Pentaerythritol Market 2019-2023

Global Pentaerythritol Market 2019-2023

About this market

The growth in automobile industry is one of the primary factors driving the global pentaerythritol market growth. Pentaerythritol is used in the synthesis of PU foams that are used in vehicle interiors and exteriors such as bumpers system gear knobs, seat cushions, and door handles. Several factors such as thermal stability, hydraulic resistance, and viscosity control of pentaerythritol-based esters helps to produce high-grade automotive lubricants. Additionally, with the growing demand for passenger cars, the demand for synthesis lubricants and PU foams will increase, which will further drive the need for pentaerythritol from the automobile industry. Technavio’s analysts have predicted that the pentaerythritol market will register a CAGR of about 4% by 2023.

Market Overview

Increasing demand for pentaerythritol from developing countries

One of the growth drivers of the global pentaerythritol market is the increasing demand for pentaerythritol from developing economies. The emergence of China and India as the hubs of the construction, general industries and automotive is expected to increase the demand for pentaerythritol during the forecast period.

Threat of substitutes

One of the challenges in the growth of global pentaerythritol market is the threat of substitutes. The extensive use of substitutes such as acrylic resins, PU resins, and epoxy resins to produce paints and coatings will hamper the growth of the market during the forecast period.

For the detailed list of factors that will drive and challenge the growth of the pentaerythritol market during 2019-2023, view our report.

Competitive Landscape

The market appears to be moderately fragmented and with the presence of several vendors. The vendors in the market are expanding their pentaerythritol production capacities, which will propel the growth of the market. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global Pentaerythritol Market 2019-2023

Technavio recognizes the following companies as the key players in the global pentaerythritol market: Baoding GuoXiu Chemical Co., Ltd, Ercros S.A, Hubei Yihua Chemical Co., Ltd., Merck KGaA, and Perstorp Orgnr.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the increase in preference for bio-based polyols.”

According to the report, one of the major drivers for this market is the increase in demand for alkyd resins from various application segments.

Further, the report states that one of the major factors hindering the growth of this market is the threat of substitutes.

Companies Mentioned

Baoding GuoXiu Chemical Co., Ltd

Ercros S.A

Hubei Yihua Chemical Co., Ltd.

Merck KGaA

Perstorp Orgnr

  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global specialty chemicals market
      • Table Segments of global specialty chemicals market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 (thousand t)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Alkyd paints - Market size and forecast 2018-2023
      • Table Alkyd paints - Market size and forecast 2018-2023 (thousand t)
      • Table Alkyd paints - Year-over-year growth 2019-2023 (%)
    • Alkyd inks - Market size and forecast 2018-2023
      • Table Alkyd inks - Market size and forecast 2018-2023 (thousand t)
      • Table Alkyd inks - Year-over-year growth 2019-2023 (%)
    • Adhesives and sealants - Market size and forecast 2018-2023
      • Table Adhesives and sealants - Market size and forecast 2018-2023 (thousand t)
      • Table Adhesives and sealants - Year-over-year growth 2019-2023 (%)
    • Plasticizers - Market size and forecast 2018-2023
      • Table Plasticizers - Market size and forecast 2018-2023 (thousand t)
      • Table Plasticizers - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 (thousand t)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 (thousand t)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 (thousand t)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 (thousand t)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 (thousand t)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 (thousand t)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global alkyd resins market by application 2018
    • Market challenges
      • Table Increased prices of pentaerythritol by Perstorp Orgnr in various regions in 2018
      • Table Impact of drivers and challenges
  • Market trends
    • Increase in preference for bio-based polyols
    • Growing demand from niche application segments
    • Increase in global pentaerythritol production capacity
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Baoding GuoXiu Chemical Co., Ltd
      • Table Baoding GuoXiu Chemical Co., Ltd - Vendor overview
      • Table Baoding GuoXiu Chemical Co., Ltd - Product segments
      • Table Baoding GuoXiu Chemical Co., Ltd - Key offerings
    • Ercros S.A
      • Table Ercros S.A - Vendor overview
      • Table Ercros S.A - Business segments
      • Table Ercros S.A - Organizational developments
      • Table Ercros S.A - Geographic focus
      • Table Ercros S.A - Segment focus
      • Table Ercros S.A - Key offerings
    • Hubei Yihua Chemical Co., Ltd.
      • Table Hubei Yihua Chemical Co., Ltd. - Vendor overview
      • Table Hubei Yihua Chemical Co., Ltd. - Geographic focus
      • Table Hubei Yihua Chemical Co., Ltd. - Key offerings
    • Merck KGaA
      • Table Merck KGaA - Vendor overview
      • Table Merck KGaA - Business segments
      • Table Merck KGaA - Organizational developments
      • Table Merck KGaA - Geographic focus
      • Table Merck KGaA - Segment focus
      • Table Merck KGaA - Key offerings
    • Perstorp Orgnr
      • Table Perstorp Orgnr - Vendor overview
      • Table Perstorp Orgnr - Business segments
      • Table Perstorp Orgnr - Organizational developments
      • Table Perstorp Orgnr - Geographic focus
      • Table Perstorp Orgnr - Segment focus
      • Table Perstorp Orgnr - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
  • Explore Technavio

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