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Trimethylolpropane is a trifunctional alcohol with a wide spectrum of applications in the chemical industry, e.g. for the synthesis of alkyd and polyester resins, synthetic lubricants, PU-foams and lacquers or glues and adhesives. Furthermore trimethylol propane is used for the production of dyestuffs, pigments, paints and silicone products.
The trimethylolpropane market is highly concentrated. The numbers of major manufacturer in this field would be no more than 50. For the past 20 years, trimethylolpropane has been a niche market, and advanced technology and sufficient raw material supply is vital in this industry. Consequently, only limited countries are able to produce trimethylolpropane in their own land. Regionally, Europe, USA and China are the main production base of trimethylolpropane, with Japan can also supply slight amount.
Market Analysis and Insights: Global Trimethylolpropane (TMP) Market
The global Trimethylolpropane (TMP) market was valued at US$ 614.9 in 2020 and will reach US$ 721.5 million by the end of 2027, growing at a CAGR of 2.7% during 2022-2027.
Global Trimethylolpropane (TMP) Scope and Market Size
The global Trimethylolpropane (TMP) market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Trimethylolpropane (TMP) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Aldehyde Hydrogenation Obtained
Sodium Formate Processed Trimethylolpropanes
Segment by Application
Plastic Industry
Synthetic Lubricants
Pigment Coating
Other
The Trimethylolpropane (TMP) market is analysed and market size information is provided by regions (countries). Segment by Application, the Trimethylolpropane (TMP) market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Perstorp
Lanxess
Oxea
BASF
Mitsubishi Gas Chemical
Chang Chun Group
Baichuan Chemical Industrial
Kosin Organics
Jilin Petrochemical
Hbyihua
The trimethylolpropane market is highly concentrated. The numbers of major manufacturer in this field would be no more than 50. For the past 20 years, trimethylolpropane has been a niche market, and advanced technology and sufficient raw material supply is vital in this industry. Consequently, only limited countries are able to produce trimethylolpropane in their own land. Regionally, Europe, USA and China are the main production base of trimethylolpropane, with Japan can also supply slight amount.
Market Analysis and Insights: Global Trimethylolpropane (TMP) Market
The global Trimethylolpropane (TMP) market was valued at US$ 614.9 in 2020 and will reach US$ 721.5 million by the end of 2027, growing at a CAGR of 2.7% during 2022-2027.
Global Trimethylolpropane (TMP) Scope and Market Size
The global Trimethylolpropane (TMP) market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Trimethylolpropane (TMP) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Aldehyde Hydrogenation Obtained
Sodium Formate Processed Trimethylolpropanes
Segment by Application
Plastic Industry
Synthetic Lubricants
Pigment Coating
Other
The Trimethylolpropane (TMP) market is analysed and market size information is provided by regions (countries). Segment by Application, the Trimethylolpropane (TMP) market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Perstorp
Lanxess
Oxea
BASF
Mitsubishi Gas Chemical
Chang Chun Group
Baichuan Chemical Industrial
Kosin Organics
Jilin Petrochemical
Hbyihua
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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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