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Demand for Alkyd Paints will help Global Pentaerythritol Market to Grow at a CAGR of 6.8%

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Pentaerythritol is an organic compound extensively used in the production of alkyd-based products, plasticizers, radiation cure coatings, lubricants, and others. Due to its wide usage across various industries, the global pentaerythritol market is f
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Research
Pentaerythritol Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2012 - 2018
Published Date
19-Aug-2013
68 Page Report
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Press Release
Pentaerythritol Market to Grow at 6.8% CAGR thanks to
Flourishing Automobile Industry : TMR
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Pentaerythritol Market
REPORT DESCRIPTION
Pentaerythritol Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2012 2018
Pentaerythritol is an organic compound extensively used in the production of alkyd-based products,
plasticizers, radiation cure coatings, lubricants, and others. Due to its wide usage across various industries, the
global pentaerythritol market is forecast to grow at a positive CAGR of 6.8% between 2012 and 2018, and
reach a valuation of US$1.59 billion by 2018. In 2011, the global consumption of pentaerythritol was 485.9 kilo
tons. The rise in the demand for pentaerythritol during the forecast period will increase the global consumption
to 692.9 kilo tons in 2018.
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Growth in Infrastructure and Automobile Market will drive Demand from Global Pentaerythritol Market
Pentaerythritol is the key ingredient in the manufacture of alkyd paints. Development in infrastructure,
especially in the Asia Pacific region, has led to a rise in the demand for alkyd paints. The demand for alkyd
paints is, in turn, a major contributor to the growth of the global pentaerythritol market. Pentaerythritol is ecofriendly in nature, which has helped it gain acceptance from the regulatory bodies. Usage of pentaerythritol in
marine coatings and therapeutics will boost the global pentaerythritol market in the coming years.
In the automotive industry, pentaerythritol is used in coatings, interiors, and high-end lubricants. Synthesis of
polyurethane foams used in automobile interiors requires pentaerythritol as the primary ingredient. The rising
automotive sector in Asia Pacific, especially in China and India, has contributed to the growth of the
pentaerythritol market in the region.
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Acetaldehyde and formaldehyde are the key components in the manufacture of pentaerythritol. Usage of
acetaldehyde and formaldehyde in other commercial applications might limit their availability for manufacturing
pentaerythritol, which might inhibit the growth of the global pentaerythritol market.
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Alkyd Paints to Retain Dominance over Global Pentaerythritol Market
Pentaerythritol is used to manufacture alkyd-based products such as alkyd paints, alkyd inks, alkyd adhesives,
and alkyd varnishes. On the basis of application, alkyd paints took up more than 37% of the global
pentaerythritol market. Since pentaerythritol is the key constituent of alkyd paints, the growth of this segment of
the global pentaerythritol market is expected to be positive, at a CAGR of 5.5% during the forecast period.
The use of pentaerythritol in plasticizers is also expected to increase in the period between 2012 and 2018.
The segment is expected to grow at a CAGR of 5.9% during the forecast period, thereby contributing to the
growth of the global pentaerythritol market.
Asia Pacific was Major Consumer for the Global Pentaerythritol Market in 2011
Geographically, the global pentaerythritol market has been segmented into North America, Europe, Asia
Pacific, and Rest of the World. In 2011, consumption of pentaerythritol was the highest in the Asia Pacific
region; more than 40% of the demand from the global pentaerythritol market came from this region.
Due to the rise in infrastructure projects as well as the booming automobile industry, Asia Pacific will continue
to generate voluminous demand for pentaerythritol and will grow at a CAGR of 5.7% during the forecast period.
In terms of revenue, the Europe pentaerythritol market is expected to grow at a CAGR of 6.4% in the period
between 2012 and 2018. North America will follow at a CAGR of 5.9% during the forecast period and reach a
valuation of US$88.7 million by 2018.
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Key Market Participants of the Global Pentaerythritol Market
Celanese Corporation, Hubei Yichang Chemical, Ercros SA, Perstorp Holding AB, and Mitsui Chemicals are
some of the big players in the global pentaerythritol market. However, several smaller companies such as
Copenor, Lee Chang Kung, and Hunan Hengyang Sanhua have entered the market recently and could have a
say in the development of the market’s competitive landscape in the coming years.
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TABLE OF CONTENT
Chapter 1 Preface
1.1 Report description
1.2 Market segmentation
1.3 Research methodology
Chapter 2 Executive Summary
2.1 Global pentaerythritol market estimates and forecasts, 2011 - 2018 (Kilo Tons), (USD million)
2.2 Global pentaerythritol market snapshot, 2012 and 2018
Chapter 3 Pentaerythritol - Industry Analysis
3.1 Introduction
3.2 Value chain analysis
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3.3 Market drivers
3.3.1 Expected demand from automotive sector
3.3.2 Increasing demand from construction industry
3.3.3 Eco-friendly properties of pentaerythritol
3.4 Market restraints
3.4.1 Limited availability and volatile raw material prices
3.5 Market opportunities
3.5.1 Novel applications of pentaerythritol derivatives
3.6 Porter’s five forces analysis
3.6.1 Bargaining power of suppliers
3.6.2 Bargaining power of buyers
3.6.3 Threat from new entrants
3.6.4 Threat from substitutes
3.6.5 Degree of competition
3.7 Pentaerythritol: Market attractiveness analysis
3.8 Pentaerythritol: Company market share analysis, 2011
Chapter 4 Pentaerythritol Market - Application Analysis
4.1 Global pentaerythritol market: Application overview
4.1.1 Global pentaerythritol market volume share by application, 2011 and 2018
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4.2 Global pentaerythritol market, by application
4.2.1 Alkyd paints
4.2.1.1 Global demand for pentaerythritol from alkyd paints, 2011 – 2018 (Kilo Tons) (USD Million)
4.2.2 Alkyd inks
4.2.2.1 Global demand for pentaerythritol from alkyd inks, 2011 – 2018 (Kilo Tons) (USD Million)
4.2.3 Alkyd adhesives/sealants
4.2.3.1 Global demand for pentaerythritol from alkyd adhesives/sealants, 2011 – 2018 (Kilo Tons)
(USD Million)
4.2.4 Plasticizers
4.2.4.1 Global demand for pentaerythritol from plasticizers, 2011 – 2018 (Kilo Tons) (USD Million)
4.2.5 Alkyd varnishes
4.2.5.1 Global demand for pentaerythritol from alkyd varnishes, 2011 – 2018 (Kilo Tons) (USD
Million)
4.2.6 Radiation cure coatings
4.2.6.1 Global demand for pentaerythritol from radiation cure coatings, 2011 – 2018 (Kilo Tons) (USD
Million)
4.2.7 Lubricants
4.2.7.1 Global demand for pentaerythritol from lubricants, 2011 – 2018 (Kilo Tons) (USD Million)
4.2.8 Other applications (including medicines, pesticides, etc.)
4.2.8.1 Global demand for pentaerythritol from other applications, 2011 – 2018 (Kilo Tons) (USD
Million)
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Chapter 5 Pentaerythritol Market - Regional Analysis
5.1 Global pentaerythritol market: Regional overview
5.1.1 Global pentaerythritol market volume share by region, 2011 and 2018
5.2 Global pentaerythritol market, by region
5.2.1 North America
5.2.1.1 North America pentaerythritol market estimates and forecasts, 2011 – 2018 (Kilo Tons), (USD
Million)
5.2.1.2 North America pentaerythritol market estimates and forecast, by application, 2011 - 2018 (Kilo
tons)
5.2.1.3 North America pentaerythritol market estimates and forecast, by application, 2011 - 2018
(USD million)
5.2.2 Europe
5.2.2.1 Europe pentaerythritol market estimates and forecasts, 2011 – 2018 (Kilo Tons), (USD Million)
5.2.2.2 Europe pentaerythritol market estimates and forecast, by application, 2011 - 2018 (Kilo tons)
5.2.2.3 Europe pentaerythritol market estimates and forecast, by application, 2011 - 2018 (USD
Million)
5.2.3 Asia Pacific
5.2.3.1 Asia Pacific pentaerythritol market estimates and forecast, 2011 – 2018 (Kilo Tons), (USD
Million)
5.2.3.2 Asia Pacific pentaerythritol market estimates and forecast, by application, 2011 - 2018 (Kilo tons)
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5.2.3.3 Asia Pacific pentaerythritol market estimates and forecast, by application, 2011 - 2018 (USD
Million)
5.2.4 Rest of the world (RoW)
5.2.4.1 RoW pentaerythritol market estimates and forecasts, 2011 – 2018 (Kilo Tons), (USD Million)
5.2.4.2 RoW pentaerythritol market estimates and forecast, by application, 2011 - 2018 (Kilo tons)
5.2.4.3 RoW pentaerythritol market estimates and forecast, by application, 2011 - 2018 (USD Million)
Chapter 6 Company Profiles
6.1 Celanese Corporation
6.1.1 Company overview
6.1.2 Financial overview
6.1.3 Business strategy
6.1.4 SWOT analysis
6.2 Ercros, SA.
6.2.1 Company overview
6.2.2 Financial overview
6.2.3 Business strategies
6.2.4 SWOT analysis
6.3 Hubei Yihua Group Co.,Ltd
6.3.1 Company overview
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6.3.2 Financial overview
6.3.3 Business strategy
6.3.4 SWOT analysis
6.4 Mitsui Chemicals, Inc.
6.4.1 Company overview
6.4.2 Financial overview
6.4.3 Business strategies
6.4.4 SWOT analysis
6.5 Perstorp Holding AB
6.5.1 Company overview
6.5.2 Financial overview
6.5.3 Business strategy
6.5.4 SWOT analysis
6.5.5 Recent developments
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