pentaerythritol market is expected to reach USD 1.85 billion by 2020. Strong
shift towards the use of pentaerythritol as a substitute for electrical
transformer fluid is expected to drive global pentaerythritol market. Growth of
key end-use industries such as construction and automotive particularly in
emerging markets of Asia Pacific and Latin America is also expected to impact
the market growth positively. Overlapping of formaldehyde and acetaldehyde with
other key applications and volatile raw material prices are expected to remain
key challenges for market participants.
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Further key
findings from the study suggest:
Global pentaerythritol market demand was 540.5 kilo tons in 2013 and is
expected to reach 781.7 kilo tons by 2020, growing at a CAGR of 5.4% from 2014
to 2020.
Asia Pacific was the leading regional market and accounted for 42.5% of
total volume in 2013. Increasing construction spending coupled with positive
outlook on automotive industry particularly in high growth countries such as
China, India and Indonesia is expected to drive the regional pentaerythritol
market. Asia Pacific is also expected to witness the highest growth rate of
5.9% from 2014 to 2020.
Europe and North America are mature markets for pentaerythritol and are
expected to grow relatively slower than other high growth regions. Recovery of
automotive industry in the U.S. post the economic recession in 2008-09 is
expected to drive the North American pentaerythritol market. Growth of
construction industry in Mexico is also expected to complement the regional
market growth.
Some Points In Table
Of Content: -
Chapter 1
Executive Summary
Chapter 2
Pentaerythritol Industry Outlook
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Chapter 3
Pentaerythritol Application Outlook
Chapter 4
Pentaerythritol Regional Outlook
Chapter 5
Competitive Landscape
Chapter 6
Methodology & Scope
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