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Last updated on April 23, 2014 at 12:30 EDT

Global Pentaerythritol Market is Expected to Reach USD 1.59 billion in 2018: Transparency Market Research

August 19, 2013

ALBANY, New York, August 19, 2013 /PRNewswire/ –

According to a new market report published by Transparency Market Research
(http://www.transparencymarketresearch.com) “Pentaerythritol Market for Alkyd Paints,
Alkyd Inks, Alkyd Adhesives and Sealants, Plasticizers, Alkyd Varnishes, Radiation Cure
Coatings, Lubricants and Other Applications – Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2012 – 2018,” the global pentaerythritol market was valued at
USD 1.01 billion in 2011 and is expected to reach USD 1.59 billion by 2018, growing at a
CAGR of 6.8% from 2012 to 2018. In terms of volume, global consumption was 485.9 kilo tons
in 2011 and is expected to reach 692.9 kilo tons by 2018, growing at a CAGR of 5.3% from
2012 to 2018.

Browse the full report at

http://www.transparencymarketresearch.com/pentaerythritol-market.html

Pentaerythritol is majorly used for manufacturing alkyd paints which has been a key
contributor to its market growth in recent times and owing to the growing infrastructure
market mainly in Asia Pacific, this trend is expected to continue over the forecast
period. In addition, eco-friendly nature of pentaerythritol has been gaining regulatory
support as a non-hazardous and sustainable product for end-users. Furthermore, emerging
innovative applications of pentaerythritol such as therapeutics and marine coatings are
expected to provide immense opportunities for the major players operating in the global
market. However, limited availability of raw materials such as formaldehyde and
acetaldehyde due to overlapping with their other commercial applications is expected to
inhibit the market growth.

Alkyd paint was the largest application segment for pentaerythritol and accounted for
over 37% of the total market in 2011. Alkyd paint application is expected to grow at a
CAGR of 5.5% over the forecast period. These paints find applications in residential as
well as industrial construction. Applications of pentaerythritol in plasticizers are
expected to be the fastest growing applications and are projected to grow at a CAGR of
5.9% from 2012 to 2018.

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Asia Pacific emerged as the leading consumer for pentaerythritol and accounted for
over 40% of the total demand in 2011. Asia Pacific along with being the biggest market is
also expected to be the fastest growing market for pentaerythritol at a CAGR of 5.7% from
2012 to 2018. The growth of the construction and automobile industry, especially in China
and India is propelling the growth of pentaerythritol in this region. Europe is expected
to show significant growth at a CAGR of 6.4% over next five years, in terms of revenue.
The demand for pentaerythritol for alkyd paints in North America is expected to reach a
market worth USD 88.7 million by 2018, growing at a CAGR of 5.9% from 2012 to 2018.

Some of the key companies operating in the global pentaerythritol market include
Celanese Corporation, Ercros SA, Hubei Yichang Chemical, Mitsui Chemicals and Perstorp
Holding AB. There are also several small companies such as Copenor, Hunan Hengyang Sanhua
and Lee Chang Kung among others operating in the global and the regional market.

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The report segments the global pentaerythritol market as:

Pentaerythritol Market: Application Analysis

– Alkyd paints

– Alkyd inks

– Alkyd adhesives/sealants

– Plasticizers

– Alkyd varnishes

– Radiation cure coatings

– Lubricants

– Other (including medicine, pesticides, etc)

Pentaerythritol Market: Regional Analysis

– North America

– Europe

– Asia Pacific

– Rest of the World

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