Neopentyl Glycol (NPG) Market will touch a new level in the upcoming year…

Posted by John on August 27th, 2019

About Neopentyl Glycol (NPG):

Global neopentyl glycol market was valued at USD 3.25 billion in 2018 and is expected to reach USD 4.17 billion by 2026 at a CAGR of 3.15% during the forecast period, 2019–2026.

Neopentyl glycol market is increasingly demanded in polymers, paints, plastics, lubricants, and other commercial industrial verticals. It is a chemical compound which is used in various processes of synthesis of various products such as polymers, paints, thereby enhancing the stability of products towards water, light, heat, and others. The product is highly thermal and ensures superior performance providing an advantage to the customers.

The rising demand for consumer durables is expected to fuel the market. Majority of these consumer durables are derived chemically among which the majorly used chemical is polyols. Polyols are used with multi-functional hydroxyls such as tetrols, triols, and diols. These polyols are used in several commercial productions and polymeric synthesis such as polyurethanes, polyesters, polyether polyols, and others. (NPG) constitutes to be one of the majorly applied polyols.

The report on Neopentyl Glycol (NPG) Market begins with a brief summary that highlights the market overview, which includes future forecast, and analysis of the whole industry. The report has also offered guidance to the key players in the Neopentyl Glycol (NPG) industry which will help them in planning their strategies. Straits Research report has followed a simple pattern that has helped the readers to understand each segment and obtain significant information related to the overall industry.

The Neopentyl Glycol (NPG) market is segmented into different sections such as by type, by application, by end-users, and by regions. The report about the Neopentyl Glycol (NPG) industry covered the markets by analyzing the top players participating in the market. To make this report an exceptional one, several parameters and models are used which include SWOT analysis, Porters five force model, and pestle analysis.

Some of the major players in neopentyl glycol market are Oxea (Germany), BASF SE (Germany), LG Chem (Korea), MGC (Japan), Eastman (U.S.), Celanese (Germany), Perstorp (Sweden), Wanhua (China), BJNC (China).

Development in technology and innovations have created an educated workforce which ultimately results in increasing per capita income and this particular factor has positively impacted the growth of the Neopentyl Glycol (NPG) market since the past few years.

Segmentation of Neopentyl Glycol (NPG) Market: By Physical Form, Flakes, Molten, Slurry,  By Production Method, Hydrogenation of HPA, Disproportionation,, By End Users, Paints & Coatings, Construction, Chemicals, Plastics, Textiles, Pharmaceuticals, Cosmetics & Personal Care, Others, 

The competitive landscape of the Neopentyl Glycol (NPG) market is a highly crucial section of the report that creates a firm portrait of the market’s key players and their rivalries. A reader can evaluate their position in the market by using this scale of reference, while extensively planning their future movements to counter the movements of the other players in the same areas. This segment provides updated details on companies’ profiles, business strategies, financial statistics, growth rate and the future scenario for the key leading players in the market, along with the ones that indicate the most positive growth rates.

In the end, this report discusses the key drivers influencing the market growth, opportunities, challenges and the risks faced by key players and the Neopentyl Glycol (NPG) market as a whole. Additionally, It analyzes the emerging trends and their impact on present and future market statistics and development.

Click Here, For More Details @ https://straitsresearch.com/neopentyl-glycol-market

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John

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John
Joined: June 11th, 2019
Articles Posted: 16

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