The Polythiols Market research study stipulates a clear overview of the current market including the past and the projected future of market size concerning volume, technological advances, and economic elements in the market industry.

CA – 91748, Los Angeles -- (SBWire) -- 07/25/2019 --The global polythiols market is anticipated to benefit from the growing use of 1, 8-Dimercapto-3, 6-dioxaoctane (DMDO) to produce new polythiols with higher water resistance. DMDO is preferred over other raw materials for manufacturing polythiols due to its favorable properties, including decreased gel time and low viscosity. Increasing adoption of bio-based epoxy curing agents is one of the primary factors expected to support the growth of the global market.

Acquisition could be a powerful strategy that players could adopt to cement a strong market position. In July 2019, AkzoNobel N.V., a Dutch producer of paints and performance coatings, announced the acquisition of Mapaero, a French producer of aerospace coatings and finishes.
Companies to Expand Manufacturing Capacity and Focus on Research and Development

The global polythiols market witnesses the presence of top players such as BASF SE, Bruno Bock Chemische Fabrik GmbH & Co. KG, Toray Industries, Inc., Seidler Chemical Co., Inc., ITW Polymers Sealants North America, Arkema Group, Merck KGaA, and AkzoNobel. Among these, Toray and Arkema are expected to exhibit impressive market growth. These players are prophesied to focus on increasing their research and development and manufacturing capacity to bank on key opportunities in the global market. Other players could concentrate on acquisitions, regional expansion, and innovation to achieve a position of strength globally.

In July 2019, Arkema completed the acquisition of US-based specialty chemicals manufacturer ArrMaz. The acquisition will help Arkema to push its development in the specialty surfactants field. In June 2019, Arkema partnered with American digital manufacturing platform Carbon for furthering the adoption of digital manufacturing.

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By Source

? Synthetic Polythiols

? Natural Polythiols

By Application

? Adhesives

? Sealants

? Coatings

According to analysts, the natural polythiols market is anticipated to create a whole lot of profit-making opportunities in future, considering the growing preference for environment-friendly processes for producing epoxy curing agents. Implementation of stringent government regulations in support of eco-friendly production processes could be another factor helping with the demand for natural polythiols. Among applications, sealants are projected to secure a substantial share of the global polythiols market due to their high demand in the packaging, construction, and automotive industries.

By Region

Among regions, Asia Pacific is forecast to account for a remarkable share of the global polythiols market. Rising requirement of epoxy curing agents to prepare compositions for various lightweight components manufactured in the transportation and automotive industries could strengthen the market growth of Asia Pacific. Demand for polythiols is predicted to increase in South Korea, Japan, and China as the semiconductor, automotive, and construction industries continue to grow. Development of smart cities in India and China could help Asia Pacific to show significant market growth.

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