Global Neopentyl Glycol Diisostearate Market, By Type (Flake, Molten, Slurry), Application (Coatings, Automotive, Construction, Furniture and footwear, Plasticizers and Adhesives, Electronic, Other), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights: Global Neopentyl Glycol Diisostearate Market
The neopentyl glycol diisostearate market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market to reach the USD 3,765.1 million by 2029 and grow at a CAGR of 4.2% in the above-mentioned forecast period.
The neopentyl glycol diisostearate is an emollient used in skin care products for its properties as a skin conditioning and viscosity increasing agent. It has various applications such as coatings, automotive, construction, furniture and footwear, plasticizers and adhesives, electronic and other.
The factors such as increasing industrialization and urbanization especially in developing nations, stringent government regulations concerning VOC emissions and rise in demand for fabric softeners, plasticizers, pesticides and pharmaceuticals are the significant factors that are estimated to bolster market’s growth. Additionally, the high resistance to oxidation, non-polar chemical nature, increasing demand from automotive, transportation and building and construction sectors and expansion of paints and oil coatings will further carve the way for the growth of market. Moreover, the shifting trends in the preparation of chemicals using organic compounds, adoption of advanced industrial synthesis such as green catalytic process and adoption of advanced industrial synthesis are further expected to cushion the overall markets growth. The threat of substitution by availability of cheaper alternative such as ethylene glycol is expected to impede the growth of the neopentyl glycol diisostearate market.
The product innovations and the production of organic chemicals used in agrochemicals, skincare and pharmaceutical application industries are estimated to generate numerous opportunities for the market. On the flip side, the negative impact of COVID-19 on the manufacturing industries is projected to pose as a major challenge to the growth of the neopentyl glycol diisostearate market.
This neopentyl glycol diisostearate market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on neopentyl glycol diisostearate market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Neopentyl Glycol Diisostearate Market Scope and Market Size
The neopentyl glycol diisostearate market is segmented on the basis of type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of type, the neopentyl glycol diisostearate market is segmented into flake, molten and slurry.
- On the basis of application, the neopentyl glycol diisostearate market is segmented into coatings, automotive, construction, furniture and footwear, plasticizers and adhesives, electronic and other.
Neopentyl Glycol Diisostearate Market Country Level Analysis
The neopentyl glycol diisostearate market is analyzed and market size, volume information is provided by type and application as referenced above.
The countries covered in the neopentyl glycol diisostearate market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the neopentyl glycol diisostearate market owing to the manufacturer’s inclination towards producing environment-friendly powder coatings with low emission of VOC’s, increased production and the high-quality NPG demand in China within the region. Middle East and Africa on the other hand, will continue to however show lucrative growth within the forecast period owing to the growth in investments in the construction sector, rapid growth in automotive production and domestic appliances sector and increasing number of expatriates in the region.
The country section of the neopentyl glycol diisostearate market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Neopentyl Glycol Diisostearate Market Share Analysis
The neopentyl glycol diisostearate market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to neopentyl glycol diisostearate market.
Some of the major players operating in the neopentyl glycol diisostearate market report are BASF SE, Eastman Chemical Company, LG Chem, MITSUBISHI GAS CHEMICAL COMPANY, INC., OQ Chemicals GmbH, Perstorp, Wanhua, Celanese Corporation, Polioli S.p.A., Oleon NV., shenjiang, NYU Tandon, AKEE GROUP, Guanhua Chemical, KNAGTEWEIYE, Xinhua Pharm, Jinan IFT Science & Technology, Zouping Fenlian Biotech Co.,Ltd, and Eastar Holding Group Company Limited among others.
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