A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Trimethylopropane
market. The study,
titled “Trimethylopropane
(TMP) Market - Global Industry Analysis, Size, Share, Growth, Trends
and Forecast 2014 - 2020”,
is available for sale on the firm’s website.
Trimethylopropane
(TMP), is an organic compound which contains three hydroxyl
functional groups. It is a white crystal in its solid state and when
melted it is a transparent liquid. TMP is a hygroscopic compound and
should be stored carefully in order to avoid moisture absorption.
This compound is readily soluble in water, alcohol and in acetone. It
is a very stable compound and does not cause any specific danger to
the environment. TMP is usually manufactured in the form of semi
transparent white flake and when melted forms a transparent melted
liquid.
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PDF Brochure for more Professional and Technical insights :
TMP
finds its use in industrial, professional and consumer application.
It is mainly used in adhesives, sealant, coatings, inks, lubricants,
greases, metal working fluid, polishes, wax-blends, polymers and
plastics, surface treatment of pigments among others. TMP is also
used in saturated polyesters for coil coatings, alkyds for paints,
acrylic acid esters for curing, polyurethanes for paint coatings and
in elastomers, and esters for synthetic lubrication. Out of these TMP
is mostly used in the alkyl resin plant, polyutherane coatings and
printing ink. This compound is used as a building block in the
polymer industry. it is also used as a base lubricant for motor oils.
TMP does not have cause any harmful effects either to consumers or to
the environment. It is very less toxic to aquatic life.
The
key drivers for this market include its use as base lubricants in
motor oils, as coatings and in the polymer industry especially
plasticizers. These industries are rising at a very fast rate
especially in developing countries and is expected to continue rising
over the next few years. This rise in industries will accelerate the
demand for TMP as well. Due to its non-harmful effects on the
environment, it is being used globally in most applications
especially as a base oil in motor vehicles. Due to the rise in the
construction activity, the demand for TMP is expected to rise at a
very fast pace. Developing countries like India and China are
expected to see a rapid rise in this industry in the near future thus
raising the demand for TMP in the market.
The
global trimethylopropane industry is a rapidly growing industry and
will continue growing at a fast pace due to high disposable income of
consumers in developing countries, continuous rise in the automotive
industry and the rapid rise in construction activity especially in
countries like India and China. The demand for TMP is high in the
U.S., Germany, Japan and China. In the U.S. the demand for this
product is high and is foreseen to continue rising over the next few
years.
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Market Research Report with ToC & Analysis :
In
European countries, the demand is comparatively low but will grow at
a comparatively fast pace due to the growth in the automotive
industry. Asia Pacific is expected to see the fastest growth over the
next few years due to increasing number of industries. China is
growing at a very fast rate in terms of construction, plasticizers
and the polymer industry and hence the demand for TMP is expected to
grow over the near future.
Some
of the key companies operating in the Trimethylopropane (TMP) Market
Beijing Beilang Organic Chemical Plant, Heibei Qinhuangdao Dahua
Organic Chemical Plant, Hubei Yihua Group Co. Ltd, BASF SE, and
Fabbrica Adesivi Resine among others.
This
research report analyzes this market on the basis of its market
segments, major geographies, and current market trends.
Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
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and analyze information.
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data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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Market Research
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