Neopentylglycol Market Growth, Top Players, and Forecast by 2031

MARKET INTRODUCTION

Neopentylglycol (NPG) is an organic chemical compound. It is a white crystalline solid which has a mint-like odour. It can be used to synthesize polyesters, paints, lubricants. While manufacturing of polyesters, these organic compound enhances the stability of the product towards heat, light, and water.

MARKET DYNAMICS

Neopentylglycol (NPG) is used as an intermediate in manufacturing of number of industries, such as in automotive, construction, paints and coatings, textile industry and others. It has special properties such as it is best scratch and impact resistance for coatings. It can be used as a plasticizers in plastic product. Moreover, the demand for pharmaceutical products in the healthcare industry, textiles, construction is growing and the wide variety of applications of neopentylglycol (NPG) and its unique properties of NPG-based products are boosting the demand for the neopentylglycol (NPG) market in all the world.

MARKET SCOPE

The "Global Neopentylglycol (NPG) Market Analysis to 2031" is a specialized and in-depth study of chemicals and materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the neopentylglycol (NPG) market with detailed market segmentation by type and an application. The global neopentylglycol (NPG) market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading neopentylglycol (NPG) market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global neopentylglycol (NPG) market is segmented into type and an application. Based on type the global neopentylglycol (NPG) market is segmented into flakes, molten and slurry. By an application, the neopentylglycol (NPG) market is classified into automotive, construction, paints and coatings, textiles and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the neopentylglycol (NPG) industry, including both qualitative and quantitative information. It provides an overview and forecast of the global neopentylglycol (NPG) market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The neopentylglycol (NPG) market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the neopentylglycol (NPG) market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely, North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the neopentylglycol (NPG) market in these regions.

MARKET PLAYERS

The report covers vital developments in the neopentylglycol (NPG) market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the neopentylglycol (NPG) market are anticipated to lucrative growth opportunities in the future with the rising demand for neopentylglycol (NPG) in the global market. Below mentioned is the list of few companies engaged in the neopentylglycol (NPG) market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the neopentylglycol (NPG) market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.

•   BASF SE.
  
•   Eastman Chemical Company
  
•   Perstorp
  
•   LG Chemicals
  
•   MITSUBISHI GAS CHEMICAL COMPANY, INC
  
•   GUANGRAO JUZE Chemical Co., Ltd.
  
•   Central Drug House
  
•   Celanese Corporation
  
•   TCI Chemicals (India) Pvt. Ltd.
  
•   SCHEOR Ingredients
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.

Neopentylglycol Report Scope