Pentaerythritol Market Share

  • Report ID: 4008
  • Published Date: Aug 19, 2024
  • Report Format: PDF, PPT

Pentaerythritol Market Share

On the basis of geographical analysis, the global pentaerythritol market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in Asia Pacific industry is likely to account for largest revenue share by 2036, driven by growth in the chemical manufacturing industry in the region. For instance, the chemical industry in Asia accounted for more than 55% share of the revenue generated by the global chemical industry.

The market in the North America region is anticipated to gain the largest market share throughout the forecast period owing to the increasing construction activities in the region. For instance, the U.S. construction sector generated a revenue of around USD 1.3 trillion in 2020.

 

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Author Credits:  Rajrani Baghel


  • Report ID: 4008
  • Published Date: Aug 19, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of pentaerythritol is evaluated at USD 3 billion.

Pentaerythritol Market size was valued at USD 2.87 billion in 2023 and is set to cross USD 5.97 billion by 2036, expanding at more than 5.8% CAGR during the forecast period i.e., between 2024-2036. The increasing use of pentaerythritol for manufacturing paints, plastics, and explosives will boost the market growth.

Asia Pacific industry is likely to account for largest revenue share by 2036, driven by growth in the chemical manufacturing industry in the region.

The major players in the market are BASF SE, Eastman Chemical Company, The Dow Chemical Company, KH Neochem Co., Ltd., Saudi Basic Industries Corporation, OQ Chemicals GmbH, Solventis Ltd., and Galaxy Surfactants Limited.
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