Cyclic Trimethylolpropane Formal (CTF) is a cycloaliphatic monofunctional alcohol. It is a clear colorless liquid. CTF is used in acrylic acid esters for radiation curing and in fatty acid esters in synthetic lubricants.
The major manufacturer is Perstorp in Europe At present, the production of Perstorp is 1740 MT in 2016. And the global Cyclic Trimethylolpropane Formal consumption market is led by North America and North America is the largest region consumption market, accounting for about 35.76% of global consumption of Cyclic Trimethylolpropane Formal.
Cyclic Trimethylolpropane Formal downstream is wide and recently Cyclic Trimethylolpropane Formal has acquired increasing significance in various fields of Synthetic Lubricants, Radiation Curing Coating and others. Globally, the Cyclic Trimethylolpropane Formal market is mainly driven by growing demand for Radiation Curing Coating. Radiation Curing Coating accounts for nearly 71.33% of total downstream consumption of Cyclic Trimethylolpropane Formal in global.
Global market is expected to witness significant growth on account of rising applications, so in the next few years, Cyclic Trimethylolpropane Formal production will show a trend of steady growth. In 2023 the production of Cyclic Trimethylolpropane Formal is estimated to be 2650 MT. On product prices, the slow downward trend in recent years will maintain in the future.
According to this study, over the next five years the Cyclic Trimethylolpropane Formal (CTF) market will register a 3.9% CAGR in terms of revenue, the global market size will reach US$ 9 million by 2024, from US$ 7 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Cyclic Trimethylolpropane Formal (CTF) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Cyclic Trimethylolpropane Formal (CTF) market by product type, application, key manufacturers and key regions and countries.
This study considers the Cyclic Trimethylolpropane Formal (CTF) value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Industrial Grade
Lubricating Grade
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Synthetic Lubricants
Radiation Curing Coating
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Perstorp
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Cyclic Trimethylolpropane Formal (CTF) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Cyclic Trimethylolpropane Formal (CTF) market by identifying its various subsegments.
Focuses on the key global Cyclic Trimethylolpropane Formal (CTF) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Cyclic Trimethylolpropane Formal (CTF) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Cyclic Trimethylolpropane Formal (CTF) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Cyclic Trimethylolpropane Formal (CTF) . Industry analysis & Market Report on Cyclic Trimethylolpropane Formal (CTF) is a syndicated market report, published as Global Cyclic Trimethylolpropane Formal (CTF) Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Cyclic Trimethylolpropane Formal (CTF) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.