2013 Report on the International Pentaerythritol Market - Forecasts to 2018
(M2 PressWIRE Via Acquire Media NewsEdge) Dublin - Research and Markets (http://www.researchandmarkets.com/research/dq2hvl/pentaerythritol) has announced the addition of the "2013 Report on the International Pentaerythritol Market - Forecasts to 2018" report to their offering.
Pentaerythritol is an alcohol containing four hydroxyl groups obtained from the aldol condensation process of formaldehyde and acetaldehyde. Pentaerythritol is an odorless, light yellow crystalline powder soluble in water. Pentaerythritol has different derivatives such as pentaerythritol esters, pentaerythritol tetranitrate, pentaerythritol tri-acrylate and dipentaerythritol. Pentaerythritol esters are an environment friendly substitute for electrical transformer fluids as they are biodegradable and less hazardous in water. Properties such as high flash point and low volatility offer resistance to ignition and make pentaerythritol an ideal substitute for dielectric fluids used in transformers.
Pentaerythritol is used in many applications in the automotive industry including high grade lubricants, interiors, coatings, etc. It is also used in the synthesis of polyurethane foams, which are further used in automobile interiors. The demand from emerging economies like China and India is driving growth of the automobile industry. Population growth, increase in disposable incomes, and easy loan schemes are key drivers of the market. These key driving factors have also led to greater demand in housing and a significant growth in construction sites. A burgeoning middle class, increasing income levels, coupled with government initiatives such as tax benefits towards loans for housing, has led to a surge in growth in the construction industry globally.
Alkyd paints dominated the market with 37.6% volume share of the total pentaerythritol demand in 2011. These paints are used in the construction industry and are expected to show significant growth in Asia-Pacific, especially in developing nations such as India and China. Alkyd paints was followed by alkyd inks which have usage in coatings, automobiles and interior decoration.
Key Topics Covered:
2 Executive Summary
3 Pentaerythritol - Industry Analysis
4 Pentaerythritol Market - Application Analysis
5 Pentaerythritol Market - Regional Analysis
6 Company Profiles
- Celanese Corporation
- Ercros, SA.
- Hubei Yihua Group Co.,Ltd
- Mitsui Chemicals, Inc.
- Perstorp Holding AB
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