LUCINTEL FORECASTS THE GLOBAL TRIMETHYLOLETHANE MARKET TO REACH $139 BILLION BY 2030

Lucintel Forecasts the Global Trimethylolethane Market to Reach $139 billion by 2030

Lucintel Forecasts the Global Trimethylolethane Market to Reach $139 billion by 2030

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According to a market report by Lucintel, the future of the global trimethylolethane market looks promising with opportunities in the polyester resin, powder coating resin, and stabilizers for plastic markets. The global trimethylolethane market is expected to reach an estimated $139 billion by 2030 from $106 billion in 2024,at a CAGR of 4.6% from 2024 to 2030. The major drivers for this market are increasing demand from various end use industries, including maritime and architectural, advancements in trimethylolethane manufacturing technologies, and growing concerns about the environmental impact of traditional plasticizers.

A more than 150-page report to understand trends, opportunity and forecast in trimethylolethane market to 2030 by type (purity98%, purity99%, and others), application (polyester resins, powder coating resins, stabilizers for plastics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that purity99% will remain the larger segment due to its superior properties like better viscosity, reactivity, and thermal stability.

Within this market, polyester resin will remain the largest segment due to the widespread usage in various applications like composites, building materials, and paints.

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In terms of regions APAC will remain the largest region due to increasing demand for resins and coatings in various sectors, such as construction, automotive, and electronics.

Lanxess, DowDuPont, GEO Specialty Chemicals, Mitsubishi, Copperhead Chemical are the major suppliers in the trimethylolethane market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.comTo get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056

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