Market Overview:
The global cyclic trimethylolpropane formal (CTF) market is expected to register a CAGR of 5.5% during the forecast period, 2018-2030. The industrial grade segment is projected to account for the majority share of the global CTF market in 2018. However, the lubricating grade segment is anticipated to register a higher CAGR during the forecast period. On the basis of application, synthetic lubricants are estimated to account for a major share of the global CTF market in 2018.
 Industry Outlook.svg)
Product Definition:
Cyclic Trimethylolpropane Formal (CTF) is a cycloaliphatic diol that offers excellent solvency, reactivity and low viscosity. It is used in formulating high-performance coatings, adhesives and sealants.
Industrial Grade:
Industrial grade is a type of propane that has been processed to remove impurities and to raise the octane rating. The process of removing impurities from industrial grade propane results in a higher yield, which is then sold at a lower price than regular butane. Industrial-grade butanes are often used for applications such as metal cleaning, chemical processing, oil field work and research & development projects owing to their high purity level compared with regular grades.
Lubricating Grade:
Lubricating grade is a range of paraffin waxes and related products that are used as a base material for the production of various lubricants. The major application areas include automotive, aerospace, industrial machinery, construction equipment and heavy trucks among others. Lubricating grade is also referred to as general purpose or working oil or motor oil among other things.
Application Insights:
Synthetic lubricants was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The product has a high demand for manufacturing engine oils, which are used as an additive in gasoline to improve its combustion efficiency. Furthermore, it is also used as a viscosity modifier for diesel fuel and gas oil. In addition, it finds applications as a stabilizer/conditioner in hydraulic brake fluids and gear oils among others.
Radiation curing coating is another emerging application that offers significant growth potential owing to increasing demand from various industrial sectors including aerospace & defense, energy generation plants etcetera.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of major CTF production facilities, coupled with increasing demand from end-use industries such as industrial machinery, medical equipment & devices, automotive and others are some of the key factors contributing to regional growth. China is estimated to be one of the largest markets for cyclic trithylolpropane (CTFP) owing to low manufacturing cost coupled with easy availability of raw materials.
Europe was valued at USD X billion in 2017 and is anticipated to witness significant growth over the forecast period on account rising environmental concerns among consumers regarding solvent usage along with stringent regulations by various regulatory bodies such as REACH are encouraging manufacturers operating within Europe’s borders or overseas plants based in European countries including Belgium, France Germany Italy etc.
Growth Factors:
- Increasing demand for CTF in adhesives and sealants owing to its superior properties such as thermal stability, chemical resistance, and low volatility
- Rising demand from the construction industry for use in sealants, coatings, and adhesive mortars
- Growing application of CTF in polyurethane foam systems as a blowing agent due to its thermal stability and low toxicity
- Increasing use of CTF as a modifier or co-monomer in polymerization processes to improve the physical properties of resulting polymers
- Growing popularity of green building practices that promote the use of environmentally friendly products such as those containing CTF
Scope Of The Report
Report Attributes
Report Details
Report Title
Cyclic Trimethylolpropane Formal (CTF) Market Research Report
By Type
Industrial Grade, Lubricating Grade
By Application
Synthetic Lubricants, Radiation Curing Coating, Others
By Companies
Perstorp
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Cyclic Trimethylolpropane Formal (CTF) Market Report Segments:
The global Cyclic Trimethylolpropane Formal (CTF) market is segmented on the basis of:
Types
Industrial Grade, Lubricating Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Synthetic Lubricants, Radiation Curing Coating, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Perstorp
 Market Overview.svg)
Highlights of The Cyclic Trimethylolpropane Formal (CTF) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Industrial Grade
- Lubricating Grade
- By Application:
- Synthetic Lubricants
- Radiation Curing Coating
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cyclic Trimethylolpropane Formal (CTF) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
CTF is a type of plastic that is made from cyclic trimethylolpropane. It is often used to make bottles, containers, and other products.
Some of the major companies in the cyclic trimethylolpropane formal (ctf) market are Perstorp.
The cyclic trimethylolpropane formal (ctf) market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cyclic Trimethylolpropane Formal (CTF) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cyclic Trimethylolpropane Formal (CTF) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cyclic Trimethylolpropane Formal (CTF) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cyclic Trimethylolpropane Formal (CTF) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cyclic Trimethylolpropane Formal (CTF) Market Size & Forecast, 2020-2028
4.5.1 Cyclic Trimethylolpropane Formal (CTF) Market Size and Y-o-Y Growth
4.5.2 Cyclic Trimethylolpropane Formal (CTF) Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Industrial Grade
5.2.2 Lubricating Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Synthetic Lubricants
6.2.2 Radiation Curing Coating
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cyclic Trimethylolpropane Formal (CTF) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cyclic Trimethylolpropane Formal (CTF) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Industrial Grade
9.6.2 Lubricating Grade
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Synthetic Lubricants
9.10.2 Radiation Curing Coating
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Industrial Grade
10.6.2 Lubricating Grade
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Synthetic Lubricants
10.10.2 Radiation Curing Coating
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Industrial Grade
11.6.2 Lubricating Grade
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Synthetic Lubricants
11.10.2 Radiation Curing Coating
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Industrial Grade
12.6.2 Lubricating Grade
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Synthetic Lubricants
12.10.2 Radiation Curing Coating
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Industrial Grade
13.6.2 Lubricating Grade
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Synthetic Lubricants
13.10.2 Radiation Curing Coating
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cyclic Trimethylolpropane Formal (CTF) Market: Competitive Dashboard
14.2 Global Cyclic Trimethylolpropane Formal (CTF) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Perstorp
