Market Overview:
The global trioxymethylene market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for trioxymethylene from various applications such as POM, chemical intermediates, daily chemical industry and others. Trioxymethylene is also used as an intermediate in the production of other chemicals and plastics. North America dominates the global trioxymethylene market followed by Europe and Asia Pacific.
Product Definition:
Trioxymethylene is an organic compound with the formula C3H6O. It is a colorless gas that is soluble in water. Trioxymethylene is used as a precursor to acrylic acid and other acrylic esters.
Industrial grade:
Industrial grade Trioxymethylene is a colorless, flammable liquid with an odor similar to gasoline. It is used in the production of polyester resins and nylon fibers. Industrial grade Trioxymethylene has applications in various industries including plastics, rubber, paints & coatings and adhesives owing to its unique properties such as high viscosity at low temperature and excellent resistance towards heat & light.
Reagent grade:
Trioxymethylene (TOM) is a colorless liquid that is soluble in organic solvents. It has a slight odor.
Application Insights:
The other application segment dominated the global market in terms of revenue share in 2017. The product is widely used as a solvent for various applications such as cleaning compounds, adhesives and sealants, printing inks, and water-based paints among others. It has excellent resistance to chemicals and heat which makes it an ideal chemical solvent. Trioxymethylene is also used as a reactant for the production of POM polymers which are further utilized across several end-use industries including daily chemical industry, construction materials & adhesives, coatings & elastomers manufacturing sectors among others.
Increasing demand for polyoxymethylene from various end-use industries on account of its properties such as high molecular weight; low shrinkage rate upon curing; good flexibility balance between toughness.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is anticipated to witness a significant growth rate of 6.8% over the forecast period. The presence of key manufacturers coupled with low manufacturing cost in this region has made it one of the most attractive regions for outsourcing production activities. In addition, growing chemical industries due to rapid urbanization and increasing population will drive product demand further.
The Asia Pacific was followed by Europe, which accounted for 24% share in terms of revenue in 2017 owing to high demand from end-use industries such as pharmaceuticals, agrochemicals and POM chemistry along with rising R&D initiatives undertaken by various organizations based out their home countries including U.K.
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive and packaging
- Growing awareness about the benefits of Trioxymethylene among consumers
- Rising investment in research and development by leading players to develop new applications for Trioxymethylene
- Expansion of manufacturing capacities by key players to cater to the growing demand for Trioxymethylene globally
- Growing popularity of Trioxymethylene as a green solvent owing to its environmental friendly properties
Scope Of The Report
Report Attributes
Report Details
Report Title
Trioxymethylene Market Research Report
By Type
Industrial grade, Reagent grade
By Application
POM, Chemical intermediates, Daily chemical industry, Other
By Companies
Yuntianhua, Polyplastics, Bluestar, China Blue Chem, Shenhua, HNEC, Yankuang
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
136
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Trioxymethylene Market Report Segments:
The global Trioxymethylene market is segmented on the basis of:
Types
Industrial grade, Reagent 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
POM, Chemical intermediates, Daily chemical industry, 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:
- Yuntianhua
- Polyplastics
- Bluestar
- China Blue Chem
- Shenhua
- HNEC
- Yankuang
Highlights of The Trioxymethylene 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
- Reagent grade
- By Application:
- POM
- Chemical intermediates
- Daily chemical industry
- 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 Trioxymethylene 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?
Trioxymethylene is a chemical compound with the formula C3H6. It is a colorless liquid that has a faint odor. Trioxymethylene is used in manufacturing plastics and other materials.
Some of the major players in the trioxymethylene market are Yuntianhua, Polyplastics, Bluestar, China Blue Chem, Shenhua, HNEC, Yankuang.
The trioxymethylene 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 Trioxymethylene 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 Trioxymethylene Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Trioxymethylene 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 Trioxymethylene 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 Trioxymethylene Market Size & Forecast, 2018-2028
4.5.1 Trioxymethylene Market Size and Y-o-Y Growth
4.5.2 Trioxymethylene Market Absolute $ Opportunity
Chapter 5 Global Trioxymethylene 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 Trioxymethylene Market Size Forecast by Type
5.2.1 Industrial grade
5.2.2 Reagent grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Trioxymethylene 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 Trioxymethylene Market Size Forecast by Applications
6.2.1 POM
6.2.2 Chemical intermediates
6.2.3 Daily chemical industry
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Trioxymethylene 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 Trioxymethylene 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 Trioxymethylene Analysis and Forecast
9.1 Introduction
9.2 North America Trioxymethylene 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 Trioxymethylene Market Size Forecast by Type
9.6.1 Industrial grade
9.6.2 Reagent 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 Trioxymethylene Market Size Forecast by Applications
9.10.1 POM
9.10.2 Chemical intermediates
9.10.3 Daily chemical industry
9.10.4 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 Trioxymethylene Analysis and Forecast
10.1 Introduction
10.2 Europe Trioxymethylene 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 Trioxymethylene Market Size Forecast by Type
10.6.1 Industrial grade
10.6.2 Reagent 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 Trioxymethylene Market Size Forecast by Applications
10.10.1 POM
10.10.2 Chemical intermediates
10.10.3 Daily chemical industry
10.10.4 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 Trioxymethylene Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Trioxymethylene 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 Trioxymethylene Market Size Forecast by Type
11.6.1 Industrial grade
11.6.2 Reagent 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 Trioxymethylene Market Size Forecast by Applications
11.10.1 POM
11.10.2 Chemical intermediates
11.10.3 Daily chemical industry
11.10.4 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 Trioxymethylene Analysis and Forecast
12.1 Introduction
12.2 Latin America Trioxymethylene 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 Trioxymethylene Market Size Forecast by Type
12.6.1 Industrial grade
12.6.2 Reagent 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 Trioxymethylene Market Size Forecast by Applications
12.10.1 POM
12.10.2 Chemical intermediates
12.10.3 Daily chemical industry
12.10.4 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) Trioxymethylene Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Trioxymethylene 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) Trioxymethylene Market Size Forecast by Type
13.6.1 Industrial grade
13.6.2 Reagent 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) Trioxymethylene Market Size Forecast by Applications
13.10.1 POM
13.10.2 Chemical intermediates
13.10.3 Daily chemical industry
13.10.4 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 Trioxymethylene Market: Competitive Dashboard
14.2 Global Trioxymethylene Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Yuntianhua
14.3.2 Polyplastics
14.3.3 Bluestar
14.3.4 China Blue Chem
14.3.5 Shenhua
14.3.6 HNEC
14.3.7 Yankuang
