Demand for Alkyd Paints Will Help Global Pentaerythritol Market to Grow at a Cagr of 6.8% by 2018

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Research

Pentaerythritol Market - Global Industry Analysis, Size,

Share, Growth, Trends and Forecast 2012 - 2018

Published Date

19-Aug-2013

68 Page Report

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Pentaerythritol Market to Grow at 6.8% CAGR thanks to

Flourishing Automobile Industry : TMR

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Pentaerythritol Market

REPORT DESCRIPTION

Pentaerythritol Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2012 2018

Pentaerythritol is an organic compound extensively used in the production of alkyd-based products,

plasticizers, radiation cure coatings, lubricants, and others. Due to its wide usage across various industries, the

global pentaerythritol market is forecast to grow at a positive CAGR of 6.8% between 2012 and 2018, and

reach a valuation of US$1.59 billion by 2018. In 2011, the global consumption of pentaerythritol was 485.9 kilo

tons. The rise in the demand for pentaerythritol during the forecast period will increase the global consumption

to 692.9 kilo tons in 2018.

Browse Full Global Pentaerythritol Market Report With Complete TOC :

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Growth in Infrastructure and Automobile Market will drive Demand from Global Pentaerythritol Market

Pentaerythritol is the key ingredient in the manufacture of alkyd paints. Development in infrastructure,

especially in the Asia Pacific region, has led to a rise in the demand for alkyd paints. The demand for alkyd

paints is, in turn, a major contributor to the growth of the global pentaerythritol market. Pentaerythritol is ecofriendly in nature, which has helped it gain acceptance from the regulatory bodies. Usage of pentaerythritol in

marine coatings and therapeutics will boost the global pentaerythritol market in the coming years.

In the automotive...