July 18, 2019 by Steve Blade
According to a recent Fact.MR study, the dipentaerythritol market witnessed a volume sales of nearly 40 thousand tons in 2018, and is envisaged to record 2.8% Y-o-Y growth in 2019. Aspects influencing growth of the dipentaerythritol market range from traditional use of this chemical byproduct in paints & coatings and explosives manufacturing, to the advent of innovative application areas such as therapeutics and marine coatings.
Thermoplastic Polyacetals – Potential Opportunity Area for Dipentaerythritol Manufacturers
Easy accessibility and abundant availability of several building blocks from the renewable resources, coupled with their good degradation properties, have sparked a marked interest in the development of polyacetals (polycycloacetals). While polymers having non-cyclic acetal units represent good degradation and soluble properties, polyacetals have been witnessed to be exactly the opposite. Chemical scientists across the globe have continuously studied the benefits of direct polyacetalization, trailed by polymerization of monomers that contain acetal units. The resulting thermoplastic polyacetals have been associated with a combination of excellent properties, degradation capability, and potential for renewable sourcing. This has further adhered the interest of dipentaerythritol manufacturers as a key opportunity area of growth, which in turn is likely to pave lucrative avenues for expansion of the dipentaerythritol market in the near future.
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Growing Palpability of Thin Film Intumescent Coatings
Thin film intumescent coatings continue to gain significance as a key solution for protecting structural steel. Dipentaerythritol is an essential agent for accomplishing intumescence in thin film coatings. This, coupled with the ability of thin film intumescent coatings to offer a passive yet cost-effective fire protection, and maintain aesthetic qualities of steel, continues to favor growth of the dipentaerythritol market. Additionally, use of this chemical derivative in new resin binder formulations, which play an integral role in intumescent coatings, will significantly underpin growth of the dipentaerythritol market in the foreseeable future. Intumescent coatings are a perfect solution to contradictions arising from considerations given to safety aspects of construction vis-à-vis modern & ornate architectural designs.
Dipentaerythritol Market – Key Insights
Key Challenges Faced by Companies Operating in the Dipentaerythritol Market?
Dipentaerythritol Market – Assessment on the Competitive Landscape
Key players profiled in this report on the dipentaerythritol market include Ercros S.A., Kanoria Chemicals & Industries Ltd., Merck KgaA, Henan Tianfu Chemical Co. Ltd, Jiangsu World Chemical Industry Co., Ltd., Alder S.p.A, Watson International Ltd, BOC Sciences, Kanoria Chemicals & Industries, TCI Chemicals (India) Pvt. Ltd., Baoding GuoXiu Chemical Co., Ltd., and Samyang Chemical Corporation.
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