Piperylene Market Is Expected to Reach 1130 Million USD by the End of 2025 - QYResearch
Piperylene Market status and forecast, categorizes the global market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
Los Angeles, CA -- (SBWire) -- 02/02/2019 --Piperylene - also known as 1,3-pentadiene - is produced as part of the separation process of crude C5 materials from pyrolysis gasoline (pygas) – both by-products of ethylene manufacture. It is essentially derived from crude oil via a number of extraction steps. Piperylene, is an olefins co-product produced during the manufacturing process. It is mainly used to produce hydrocarbon resins with applications in various industries, such as adhesives, paints, rubbers and so on.
Among those applications, demand from adhesives industry is the largest one, holding 77.50% share in 2017. Many piperylene manufacturers have overall industry chains, from the upstream industries to downstream industries, which mean that they have sufficient raw materials and they also expand their piperylene chain to the hydrocarbon resins fields.
Besides, China is the largest consumer of piperylene. The country consumed 227.4 K MT of piperylene in 2017. The global Piperylene market is valued at 730 million US$ in 2018 is expected to reach 1130 million US$ by the end of 2025, growing at a CAGR of 5.6% during 2019-2025. At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
This report focuses on Piperylene volume and value at global level, regional level and company level. From a global perspective, this report represents overall Piperylene market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
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The following manufacturers are covered:
Sinopec
Formosa Chemical
Zeon Corporation
LOTTE Chemical
Eastman
LyondellBasell
Mitsui
Shell
Braskem
YNCC
Segment by Regions
North America
Europe
China
Japan
Segment by Type
? 40% Purity
40% -65% Purity
? 65% Purity
Segment by Application
Adhesives
Paints
Rubber
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