The piperylene is a volatile five carbon chain hydrocarbon with two double bonds. This organic compound is obtained as byproduct of ethylene production from crude oil, exhaust gases, waste incineration, and biomass combustion. It is a colorless liquid at standard temperature and adsorbs suspended particulate matter (SPM) when released into the aquatic environment. Piperylene is mainly used in the manufacture of plastics, resins, and adhesives. Moreover, piperylene based resins are used in several applications such as road marking paints and rubber traffic equipment due to their unique properties that enables its use in hot melting and pressure sensitive applications.
MARKET DYNAMICS
The piperylene market is anticipated to grow in the forecast period owing to driving factors such as growth of the plastic and resin industries coupled with increasing demand of the product in manufacturing of end products such as parcel tapes and diaper fastenings. However, the compound is flammable and classified hazardous which restricts the growth of global piperylene market. Nonetheless, major research and developments are likely to showcase growth opportunities for the piperylene market during the forecast period.
MARKET SCOPE
The "Global Piperylene Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of piperylene market with detailed market segmentation by application, and geography. The global piperylene market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading piperylene market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global piperylene market is segmented on the basis of application as adhesives, paints, rubber, and others.
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REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global piperylene market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The piperylene market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting piperylene market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the piperylene market in these regions.
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MARKET PLAYERSThe reports cover key developments in the piperylene market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from piperylene market are anticipated to lucrative growth opportunities in the future with the rising demand for piperylene in the global market. Below mentioned is the list of few companies engaged in the piperylene market.
The report also includes the profiles of key piperylene companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
-Braskem S.A.
-China Petrochemical Corporation (SINOPEC)
-Eastman Chemical Company
-Lotte Chemical Corporation
-LyondellBasell Industries Holdings B.V.
-Mitsui & Co. Benelux S. A./N. V.
-Shandong Yuhuang Chemical Co.,Ltd
-Shell International B.V.
-The Dow Chemical Company
-YEOCHUN NCC Co., Ltd
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