Pentaerythritol Market size was USD 890.51 million in 2019 and is projected to reach USD 1.05 billion by 2027, growing at a CAGR of 2.3% during the forecast period.
Reports and Data's Global Pentaerythritol Market research report is an in-depth investigation that provides an industry-wide overview of existing and emerging growth patterns, end-user analysis, and other key data that has been tested and validated by industry experts and professionals. The report examines the market in terms of importance, share, size, demand and supply, patterns, competitive landscape, industrial chain analysis, and other important factors. The report also provides a detailed outlook for the industry's driving and restraining forces, as well as micro and macroeconomic factors that are expected to influence its development.
Pentaerythritol Market Growth:
The
pentaerythritol market is expected to grow due to increasing demand for alkyd
resins, which are used in coatings, paints, inks, and plastics. The growth in
construction activities and the increasing demand for high-quality, durable
coatings are also driving the market growth. Additionally, the growing demand
for pentaerythritol in the manufacture of unsaturated polyester resins and synthetic
lubricants is contributing to the market growth. However, the fluctuating
prices of raw materials and the stringent regulations regarding the use of
pentaerythritol may hinder the market growth.
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Top Companies: Ercros SA, Celanese Corp., Holding AB, Perstorp, Evonik, Zarja Chemical,
Yunnan Yuntianhua, Ruiyang Chemical, Henan Pengcheng Group, Baoding Guoxiu
Chemical Industry, Hubei Yihua Group Co. Ltd., Mitsui Chemicals Inc., U-Jin
Chemical, Shahid Rasouli, MKS Marmara Entegre Kimya, Kanoria Chemicals &
Industries Limited, Copenor.
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