Global Neopentyl Glycol (NPG) Market Size and Revenue Forecasts
The report on the Global Neopentyl Glycol (NPG) Market initially offers an in-depth overview of the Neopentyl Glycol (NPG) Market along with insights into the developments and advancements in the sector. The report offers a comprehensive overview of the regional and competitive landscape and provides a deeper insight into the current market scenario and future growth prospects. The research study also provides a complete analysis of the market drivers, restraints, limitations, threats, risks, and growth opportunities.
The global Neopentyl Glycol (NPG) market size was USD 1.47 Billion in 2022 and is expected to register a steady revenue CAGR of 5.1% during the forecast period, according to latest analysis by Emergen Research. Rapid growth in the automotive and construction industries is a key factor driving market revenue growth. NPG-based coatings are widely used in the building industry for architectural paints and flooring materials as these offer weather resistance and durability. While, NPG is utilized in the automotive sector to create polyester resins for parts including body panels and bumpers because of their exceptional mechanical and thermal qualities. Specialty lubricants and plasticizers with enhanced characteristics and stability are in more demand than ever, particularly in sectors including automotive, aerospace, and electronics. In addition, manufacturers' Research Development (RD) initiatives are promoting innovations and technological breakthroughs in the NPG production process.
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The report highlights the current impact of COVID-19 on the Neopentyl Glycol (NPG) market along with the latest economic scenario and changing dynamics of the market. It analyzes the impact of the pandemic on market growth and remuneration. The pandemic has changed the economic scenario of the world and has affected several sectors of the market. The report estimates the market for Neopentyl Glycol (NPG) according to the impact of COVID-19.
Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Neopentyl Glycol (NPG) market expected to boost the growth of the industry in the coming years.
Neopentyl Glycol (NPG) Market Segmentation:
Technology Outlook (Revenue, USD Billion; 2019-2032)
- Lubricants
- Plasticizers
- Others
Application Outlook (Revenue, USD Billion; 2019-2032)
- Paints and Coatings
- Automotive
- Others
Regional Outlook (Revenue, USD Billion; 20192032)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- UAE
- South Africa
- Turkey
- Rest of Middle East Africa
- North America
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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Neopentyl Glycol (NPG) market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Companies Profiled in the Report are:
BASF SE, Eastman Chemical Company, Perstorp Holding AB, Mitsubishi Gas Chemical Company, Inc., Huntsman Corporation, LG Chem, The Dow Chemical Company, Evonik Industries AG, Mitsui Chemicals, Inc., and Wanhua Chemical Group Co., Ltd
Regional Landscape section of the Neopentyl Glycol (NPG) report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Answered in the Report:
- Who are the prominent distributors, vendors, and manufacturers of the market?
- What are the driving and restraining factors of the growth of the Neopentyl Glycol (NPG) market throughout the forecast period?
- What are the current and future market trends of the Neopentyl Glycol (NPG) market?
- What are the sales and price analysis of the product by types, applications, and regions?
- What are the expected opportunities for the companies and new entrants in the coming years?
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Highlights of Table of Contents (TOC):
- Overview of Global Neopentyl Glycol (NPG) Market
- Competitive analysis of the Neopentyl Glycol (NPG) market
- Regional analysis of Global Neopentyl Glycol (NPG) market production and revenue
- Regional analysis of Global Neopentyl Glycol (NPG) market supply, consumption, and export import
- Type-based market analysis of global Neopentyl Glycol (NPG) production, revenue, and price trends
- Application-based analysis of the global Neopentyl Glycol (NPG) market
- Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Neopentyl Glycol (NPG) market
- Conclusion of the research report
- Appendix
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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