Neopentylglycol market report provides details of new recent developments, traderegulations, import export analysis, production analysis, value chainoptimization, market share, impact of domestic and localized market players,analyses opportunities in terms of emerging revenue pockets, changes in marketregulations, strategic market growth analysis, market size, category marketgrowths, application niches and dominance, product approvals, product launches,geographical expansions, technological innovations in the market. To gain moreinfo on neopentyl glycol market contact Data Bridge Market Research for anAnalyst Brief, our team will help you take an informed market decision toachieve market growth.
The neopentyl glycol market is expected to witness marketgrowth at a rate of 5.70% in the forecast period of 2021 to 2028
Neopentyl glycol which is also called dimethylolpropan is ahydroscopic crystalline organic chemical compound. It is colorless-to-white incolor. Neopentyl glycol is industrially synthesized by the aldol reaction offormaldehyde and isobutyraldehyde, resulting in formation of intermediatehydroxypivaldehyde. This can be converted to neopentyl glycol with the help ofcatalytic hydrogenation of aldehyde group to an alcohol group.
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The increasing industrialization and urbanization especiallyin developing nations and rise in demand for fabric softeners, plasticizers,pesticides and pharmaceuticals are the major factors driving the neopentylglycol market. The high resistance to oxidation, non-polar chemical nature,increasing demand from automotive, transportation and building and constructionsectors and expansion of paints and oil coatings accelerate the neopentylglycol market growth. The high utilization of as an intermediate inmanufacturing of numerous chemical products, housing subsidies along withsocio-economic development by the regional governments and increasing necessityfor advanced adhesives & sealants with easy usability and low VOC contentinfluence the neopentyl glycol market.
The major players covered in neopentyl glycol marketreport are BASF SE, Eastman Chemical Company, LG Chem, MITSUBISHI GASCHEMICAL COMPANY, INC., OQ Chemicals GmbH, Perstorp, Wanhua, CelaneseCorporation, Polioli S.p.A., Oleon NV., shenjiang, NYU Tandon, AKEE GROUP,Guanhua Chemical, KNAGTEWEIYE, Xinhua Pharm, Jinan IFT Science &Technology, Zouping Fenlian Biotech Co.,Ltd, Eastar Holding Group CompanyLimited among other domestic and global players.
The countries covered in the globally neopentyl glycolmarket report are the U.S., Canada and Mexico in North America, Germany,France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey,Rest of Europe in Europe, China, Japan, India, South Korea, Singapore,Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific(APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, SouthAfrica, Rest of Middle East and Africa (MEA) as a part of Middle East andAfrica (MEA), Brazil, Argentina and Rest of South America as part of SouthAmerica.
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Globalneopentyl glycol market competitive landscape provides details bycompetitor. Details included are company overview, company financials, revenuegenerated, market potential, investment in research and development, new marketinitiatives, global presence, production sites and facilities, productioncapacities, company strengths and weaknesses, product launch, product width andbreadth, application dominance. The above data points provided are only relatedto the companies’ focus related to neopentyl glycol market.
Neopentyl Glycol Market Scope and Market Size
The neopentyl glycol market is segmented on the basis oftype, application and end-use industries. The growth amongst the differentsegments helps you in attaining the knowledge related to the different growthfactors expected to be prevalent throughout the market and formulate differentstrategies to help identify core application areas and the difference in yourtarget markets.
1. On the basis of type, the neopentyl glycolmarket is segmented into flake, molten and slurry.
2. On the basis of application, the neopentylglycol market is segmented into coatings, adhesives and sealants andinsulation.
3. On the basis of end-use industries, theneopentyl glycol market is segmented into paints, automotive, construction,chemicals, plastics and textiles.
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