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.
The global Cyclic Trimethylolpropane Formal (CTF) market is valued at 7 million US$ in 2018 is expected to reach 10 million US$ by the end of 2025, growing at a CAGR of 4.0% during 2019-2025.
This report focuses on Cyclic Trimethylolpropane Formal (CTF) volume and value at global level, regional level and company level. From a global perspective, this report represents overall Cyclic Trimethylolpropane Formal (CTF) market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Perstorp
...
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Industrial Grade
Lubricating Grade
Segment by Application
Synthetic Lubricants
Radiation Curing Coating
Others
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 Research Report 2019. 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.