Pentaerythritol is
an alcohol with four hydroxyl groups. It is manufactured using formaldehyde and
acetaldehyde through the aldol condensation process, which is followed by a
crossed Cannizzaro reaction. Pentaerythritol is used in various applications
such as alkyd paints, inks, varnishes, adhesives, sealants, and plasticizers.
Analysts forecast
the Global Pentaerythritol
market will grow at a CAGR of
6.74 percent over the period 2013-2018.
The Report
recognizes the following companies as the key players in the Global
Pentaerythritol Market: Celanese Corp., Ercros SA, Hubei Yihua Group Co. Ltd.,
Mitsui Chemicals Inc., Perstorp Holding AB , Baoding Chemical Raw Materials,
Copenor, Henan Pengcheng Group, Hunan Hengyang Sanhua, Kanoria Chemicals and
Industries, Lee Chang Kung, Liyang Ruiyang Chemical, MKS Marmara Entegre Kimya,
Polioli, Shahid Rasouli Petrochemical, U-Jin Chemical, Yunnan Yuntianhua,
Zarja Chemical
Covered in this Report
This report covers
the present scenario and the growth prospects of the Global Pentaerythritol
market for the period 2013-2018. To arrive at a market share for the leading
vendors in the market and to calculate the market size, the report considers
the revenue generated through the sales of pentaerythritol by these vendors. It
also presents the vendor landscape and a corresponding detailed analysis of the
top five vendors in the Global Pentaerythritol market. The report also provides
data on the different segments of the Global Pentaerythritol market, which are
based on the following criteria: grade, application, and geography.
In addition, the
report discusses the major drivers that influence the growth of the market. It
also outlines the challenges faced by the vendors and the market at large, as
well as the key trends that are emerging in the market. Global Pentaerythritol
Market 2014-2018, has been prepared based on an in-depth market analysis with
inputs from industry experts. The report covers the APAC region, Europe, North
America, and the ROW.
The APAC region
accounted for the largest share of the Global Pentaerythritol market in 2013.
It is also expected to be the fastest growing region during the forecast
period. Rapid infrastructure development in countries in this region such as
India and China are expected to contribute to the demand for
pentaerythritol-based products such as alkyd paints for construction projects.
For instance, in India and China, the Construction industry is expected to grow
at a CAGR of over 15 percent and 12 percent, respectively, during the forecast
period
According to the
report,. Pentaerythritol is used to manufacture products such as lubricants,
coatings, and polyurethane foams for the automotive industry. Also,
pentaerythritol's eco-friendly nature has led to the high adoption of
pentaerythritol-based products by the automotive industry. The rising demand
for its application in plasticizers also contributes to market growth.
