Market Overview:
The global pentaerythritol tetracaprylate/caprate market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for metal working fluids and industrial lubricants. Asia Pacific is expected to witness the highest growth during the forecast period owing to the growing automotive and manufacturing industries in countries such as China and India. Based on type, the global pentaerythritol tetracaprylate/caprate market has been segmented into liquid and other. The liquid segment is expected to account for a major share of the market during the forecast period owing to its high demand in metal working fluids and industrial lubricants applications. Based on application, the global pentaerythritol tetracaprylate/caprate market has been segmented into metal working fluids, industrial lubricant, cosmetics & personal care products, food & beverage processing, pharmaceuticals & medical devices processing among others.
Product Definition:
Pentaerythritol Tetracaprylate/caprate is a mixture of two esters, pentaerythritol tetracaprylate and caprylic acid caprate. Pentaerythritol tetracaprylate is made from pentaerythritol, a five-carbon sugar alcohol, and caprylic acid, an eight-carbon fatty acid. Pentaerythritol tetracaprylate/caprate is used as an emulsifier and stabilizer in food products.
Liquid:
Liquid is a transparent, odorless, colorless liquid with a slightly hygroscopic nature. It is extensively used in the end-use industries such as paints & coatings and construction. The growing demand for lightweight materials in these application areas has led to increased penetration of Liquid in the respective products over the past few years and this trend is expected to continue over the forecast period.
Other:
Other is a generic name for all the chemical compounds that are not classified as a named chemical substance. Other chemicals include alcohols, ketones, fatty acids, and others.
Application Insights:
Metal working fluids was the largest application segment in 2017 and is projected to witness significant growth over the forecast period. Metalworking fluids are used for a variety of applications including cold working, heat treating, and welding. Pentaerythritol tetracaprylate/caprate based metalworking fluids exhibit superior properties such as low volatility, high thermal stability & strength capability, corrosion resistance and non-flammability which makes them suitable for various industrial purposes.
The other segment includes paints & coatings industry wherein pentaerythritol tetracaprylate/caprate is utilized as an additive to enhance film forming ability of paints & coatings thereby improving their adhesion on substrates such as metals, plastics & glass. The addition of PCTK increases productivity by reducing consumption rate therefore lowering operating costs associated with manufacturing a paint or coating formulation. This factor along with increasing demand from emerging economies in Asia Pacific region is expected to drive market growth over the forecast period.
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing population in emerging economies such as China, India, Indonesia, Vietnam and Thailand. The growing automotive industry in these countries will drive the demand for metal working fluids over the forecast period.
The Asia Pacific was followed by North America which accounted for 25% of global revenue share in 2017 on account of high consumption levels coupled with stringent regulations regarding VOC emissions from paints & coatings products used for industrial applications such as metal working or woodworking. Europe also had a significant market share due to high consumption levels coupled with environmental regulations pertaining odorlessness & VOC free synthetic counterparts that are more environment friendly than their petrochemical counterparts.
Latin America is expected witness moderate growth over the coming years owing to rising demand from end-use industries including construction, automotive.
Growth Factors:
- Increasing demand from end-use industries such as cosmetics, pharmaceuticals, and food & beverages
- Rising awareness about the benefits of Pentaerythritol Tetracaprylate/caprate among consumers
- Growing R&D investments by manufacturers to develop new applications for Pentaerythritol Tetracaprylate/caprate
- Expansion of distribution networks by key players in the market
- Rising demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Pentaerythritol Tetracaprylate/caprate Market Research Report
By Type
Liquid, Other
By Application
Metal Working Fluids, Industrial Lubricant, Other
By Companies
Oleon, Croda International, Stepan Company, KLK OLEO
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
152
Number of Tables & Figures
107
Customization Available
Yes, the report can be customized as per your need.
Global Pentaerythritol Tetracaprylate/caprate Market Report Segments:
The global Pentaerythritol Tetracaprylate/caprate market is segmented on the basis of:
Types
Liquid, Other
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
Metal Working Fluids, Industrial Lubricant, Other
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:
- Oleon
- Croda International
- Stepan Company
- KLK OLEO
Highlights of The Pentaerythritol Tetracaprylate/caprate 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:
- Liquid
- Other
- By Application:
- Metal Working Fluids
- Industrial Lubricant
- Other
- 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 Pentaerythritol Tetracaprylate/caprate 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
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?
Pentaerythritol Tetracaprylate/caprate is a polyester resin that is used in the production of coatings, adhesives, and sealants. It has a low water absorption and good chemical resistance.
Some of the major players in the pentaerythritol tetracaprylate/caprate market are Oleon, Croda International, Stepan Company, KLK OLEO.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pentaerythritol Tetracaprylate/caprate 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 Pentaerythritol Tetracaprylate/caprate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pentaerythritol Tetracaprylate/caprate 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 Pentaerythritol Tetracaprylate/caprate 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 Pentaerythritol Tetracaprylate/caprate Market Size & Forecast, 2020-2028
4.5.1 Pentaerythritol Tetracaprylate/caprate Market Size and Y-o-Y Growth
4.5.2 Pentaerythritol Tetracaprylate/caprate 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 Liquid
5.2.2 Other
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 Metal Working Fluids
6.2.2 Industrial Lubricant
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pentaerythritol Tetracaprylate/caprate 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 Pentaerythritol Tetracaprylate/caprate 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 Liquid
9.6.2 Other
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 Metal Working Fluids
9.10.2 Industrial Lubricant
9.10.3 Other
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 Liquid
10.6.2 Other
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 Metal Working Fluids
10.10.2 Industrial Lubricant
10.10.3 Other
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 Liquid
11.6.2 Other
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 Metal Working Fluids
11.10.2 Industrial Lubricant
11.10.3 Other
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 Liquid
12.6.2 Other
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 Metal Working Fluids
12.10.2 Industrial Lubricant
12.10.3 Other
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 Liquid
13.6.2 Other
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 Metal Working Fluids
13.10.2 Industrial Lubricant
13.10.3 Other
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 Pentaerythritol Tetracaprylate/caprate Market: Competitive Dashboard
14.2 Global Pentaerythritol Tetracaprylate/caprate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Oleon
14.3.2 Croda International
14.3.3 Stepan Company
14.3.4 KLK OLEO
