Demand for Alkyd Paints Will Help Global Pentaerythritol Market to Grow at a CAGR of 6.8% by 2018
Pentaerythritol is an organic compound extensively used in the production of alkyd-based products, plasticizers, radiation cure coatings, lubricants, and others. Due to its wide usage across various industries, the global pentaerythritol market is forecast to grow at a positive CAGR of 6.8% between 2012 and 2018, and reach a valuation of US$1.59 billion by 2018. In 2011, the global consumption of pentaerythritol was 485.9 kilo tons. The rise in the demand for pentaerythritol during the forecast period will increase the...
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