Global Triacetin Market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 1.2 billion by 2030. The market is driven by the increasing demand for triacetin in food and tobacco industries, which are anticipated to be the fastest-growing segments of this market during the forecast period. Tobacco grade triacetin is expected to account for a major share of this market owing to its high demand in tobacco industry as an additive for cigarettes and cigars.
On the basis of type: Tobacco Grade Industrial Grade Food Grade On the basis of application: Tobacco Food Foundry On the basis of region: North America Latin America Europe Asia Pacific Middle East & Africa.
Some Of The Growth Factors Of This Market:
- Triacetin is a colorless, odorless, viscous liquid that is soluble in water and organic solvents.
- Triacetin is used as a solvent for dyes and pigments in paints, varnishes, lacquers and other coatings.
- Triacetin is also used as an emollient in cosmetics such as lipsticks and lotions to soften the skin or hair; it can also be used to make candles burn more slowly or to make them harder so they don't drip when lit.
- It can be found in some pharmaceuticals such as cough syrups, nasal sprays and eye drops; it's also found in some foods like chewing gum where it acts as a binder for flavors or colors.
- The global triacetin market size was valued at USD 1 billion in 2016 with Asia-Pacific region accounting for the largest share of the market.
Industry Growth Insights published a new data on “Triacetin Market”. The research report is titled “Triacetin Market research by Types (Tobacco Grade, Industrial Grade, Food Grade, Others), By Applications (Tobacco, Food, Foundry, Others), By Players/Companies Eastman, Polynt, Lanxess, BASF, Daicel, Jiangsu Ruijia, Jiangsu Lemon, Yunnan Huanteng, Yixing Tianyuan, Xinxiang Huayang, Jiangsu Licheng, Yixing YongJia Chemical”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Triacetin Market Research Report
By Type
Tobacco Grade, Industrial Grade, Food Grade, Others
By Application
Tobacco, Food, Foundry, Others
By Companies
Eastman, Polynt, Lanxess, BASF, Daicel, Jiangsu Ruijia, Jiangsu Lemon, Yunnan Huanteng, Yixing Tianyuan, Xinxiang Huayang, Jiangsu Licheng, Yixing YongJia Chemical
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Triacetin Market Report Segments:
The global Triacetin market is segmented on the basis of:
Types
Tobacco Grade, Industrial Grade, Food Grade, Others
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
Tobacco, Food, Foundry, 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:
- Eastman
- Polynt
- Lanxess
- BASF
- Daicel
- Jiangsu Ruijia
- Jiangsu Lemon
- Yunnan Huanteng
- Yixing Tianyuan
- Xinxiang Huayang
- Jiangsu Licheng
- Yixing YongJia Chemical
Highlights of The Triacetin 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:
- Tobacco Grade
- Industrial Grade
- Food Grade
- Others
- By Application:
- Tobacco
- Food
- Foundry
- 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 Triacetin 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.
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- Correctly Positioning New Products
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- Product & Brand Management
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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?
Triacetin is a type of acetylsalicylic acid (ASA) that is available over the counter. Triacetin is used to relieve pain and inflammation.
Some of the major players in the triacetin market are Eastman, Polynt, Lanxess, BASF, Daicel, Jiangsu Ruijia, Jiangsu Lemon, Yunnan Huanteng, Yixing Tianyuan, Xinxiang Huayang, Jiangsu Licheng, Yixing YongJia Chemical.
The triacetin market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Triacetin Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Triacetin Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Triacetin Market - Supply Chain
4.5. Global Triacetin Market Forecast
4.5.1. Triacetin Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Triacetin Market Size (000 Units) and Y-o-Y Growth
4.5.3. Triacetin Market Absolute $ Opportunity
5. Global Triacetin Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Triacetin Market Size and Volume Forecast by Type
5.3.1. Tobacco Grade
5.3.2. Industrial Grade
5.3.3. Food Grade
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Triacetin Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Triacetin Market Size and Volume Forecast by Application
6.3.1. Tobacco
6.3.2. Food
6.3.3. Foundry
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Triacetin Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Triacetin Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Triacetin Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Triacetin Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Triacetin Demand Share Forecast, 2019-2026
9. North America Triacetin Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Triacetin Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Triacetin Market Size and Volume Forecast by Application
9.4.1. Tobacco
9.4.2. Food
9.4.3. Foundry
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Triacetin Market Size and Volume Forecast by Type
9.7.1. Tobacco Grade
9.7.2. Industrial Grade
9.7.3. Food Grade
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Triacetin Demand Share Forecast, 2019-2026
10. Latin America Triacetin Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Triacetin Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Triacetin Market Size and Volume Forecast by Application
10.4.1. Tobacco
10.4.2. Food
10.4.3. Foundry
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Triacetin Market Size and Volume Forecast by Type
10.7.1. Tobacco Grade
10.7.2. Industrial Grade
10.7.3. Food Grade
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Triacetin Demand Share Forecast, 2019-2026
11. Europe Triacetin Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Triacetin Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Triacetin Market Size and Volume Forecast by Application
11.4.1. Tobacco
11.4.2. Food
11.4.3. Foundry
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Triacetin Market Size and Volume Forecast by Type
11.7.1. Tobacco Grade
11.7.2. Industrial Grade
11.7.3. Food Grade
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Anlysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Triacetin Demand Share, 2019-2026
12. Asia Pacific Triacetin Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Triacetin Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Triacetin Market Size and Volume Forecast by Application
12.4.1. Tobacco
12.4.2. Food
12.4.3. Foundry
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Triacetin Market Size and Volume Forecast by Type
12.7.1. Tobacco Grade
12.7.2. Industrial Grade
12.7.3. Food Grade
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Triacetin Demand Share, 2019-2026
13. Middle East & Africa Triacetin Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Triacetin Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Triacetin Market Size and Volume Forecast by Application
13.4.1. Tobacco
13.4.2. Food
13.4.3. Foundry
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Triacetin Market Size and Volume Forecast by Type
13.7.1. Tobacco Grade
13.7.2. Industrial Grade
13.7.3. Food Grade
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Triacetin Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Triacetin Market: Market Share Analysis
14.2. Triacetin Distributors and Customers
14.3. Triacetin Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Eastman
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Polynt
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Lanxess
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. BASF
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Daicel
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Jiangsu Ruijia
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Jiangsu Lemon
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Yunnan Huanteng
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Yixing Tianyuan
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Xinxiang Huayang
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Jiangsu Licheng
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Yixing YongJia Chemical
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
