Trimethylolpropane is a trifunctional alcohol with a wide spectrum of applications in the chemical industry, e.g. for the synthesis of alkyd and polyester resins, synthetic lubricants, PU-foams and lacquers or glues and adhesives. Furthermore trimethylol propane is used for the production of dyestuffs, pigments, paints and silicone products. The trimethylolpropane market is highly concentrated. The numbers of major manufacturer in this field would be no more than 50. For the past 20 years, trimethylolpropane has been a niche market, and advanced technology and sufficient raw material supply is vital in this industry. Consequently, only limited countries are able to produce trimethylolpropane in their own land. Regionally, Europe, USA and China are the main production base of trimethylolpropane, with Japan can also supply slight amount. Market Analysis and Insights: Global Trimethylolpropane (TMP) Market The global Trimethylolpropane (TMP) market is valued at US$ 581.8 million in 2019. The market size will reach US$ 702.5 million by the end of 2026, growing at a CAGR of 2.7% during 2021-2026. Global Trimethylolpropane (TMP) Scope and Segment Trimethylolpropane (TMP) market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Trimethylolpropane (TMP) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027. Segment by Type Aldehyde Hydrogenation Obtained Sodium Formate Processed Trimethylolpropanes Segment by Application Plastic Industry Synthetic Lubricants Pigment Coating Other By Company Perstorp Lanxess Oxea BASF Mitsubishi Gas Chemical Chang Chun Group Baichuan Chemical Industrial Kosin Organics Jilin Petrochemical Hbyihua Production by Region North America Europe China Japan Consumption by Region North America U.S. Canada Europe Germany France U.K. Italy Russia Asia-Pacific China Japan South Korea India Australia Taiwan Indonesia Thailand Malaysia Philippines Vietnam Latin America Mexico Brazil Argentina Middle East & Africa Turkey Saudi Arabia U.A.E
1 Study Coverage 1.1 Trimethylolpropane (TMP) Product Introduction 1.2 Market by Type 1.2.1 Global Trimethylolpropane (TMP) Market Size Growth Rate by Type 1.2.2 Aldehyde Hydrogenation Obtained 1.2.3 Sodium Formate Processed Trimethylolpropanes 1.3 Market by Application 1.3.1 Global Trimethylolpropane (TMP) Market Size Growth Rate by Application
