GITNUX MARKETDATA REPORT 2024
Pentaerythritol Industry Statistics
The pentaerythritol industry is expected to demonstrate steady growth in the coming years, driven by increasing demand in sectors such as coatings, plastics, and pharmaceuticals.
In this post, we will explore the current landscape of the global Pentaerythritol industry, analyzing key statistics and projections that shape its market dynamics. From market size valuations to regional trends and application sector insights, these data points provide valuable insights into the growth trajectories and opportunities within the Pentaerythritol market.
Statistic 1
"The global Pentaerythritol market size was valued at USD 1.59 billion in 2019."
Statistic 2
"It is projected to expand at a CAGR of 3.3% from 2020 to 2027."
Statistic 3
"By 2024, the worldwide market demand for pentaerythritol is expected to exceed 1.36 million metric tons."
Statistic 4
"Europe is expected to witness a significant CAGR of 3.2% over the forecast period."
Statistic 5
"China is anticipated to pose a consumption volume of approximately 460 kilotons by 2025."
Statistic 6
"In terms of the application sector, alkyd paints accounted for the maximum business share of over 35% in 2016."
Statistic 7
"The construction industry accounted for nearly 30% of the pentaerythritol market share in 2016."
Statistic 8
"By 2027, the Latin America Pentaerythritol market is expected to reach $96.2 million."
Statistic 9
"By 2027, the Middle East and Africa Pentaerythritol market is expected to reach $62.4 million."
Statistic 10
"By 2024, the Pentaerythritol market size from plasticizers application is projected to generate the revenue of over USD 360 million."
Statistic 11
"By 2024, the U.S. pentaerythritol market size from automobiles applications is expected to reach USD 40 million."
Statistic 12
"By 2024, Pentaerythritol market revenue from pesticides was anticipated to exceed USD 110 million."
Statistic 13
"By 2024, APAC market from varnishes application would generate over USD 180 million."
Jannik Lindner
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