New York, NY -- (SBWire) -- 07/17/2019 --It evaluates the data gathered to give an extensive view of the trends of the industry and predicts the possible rise in the forecasted duration. For this study, the historical data has been gathered from the years 2016 and 2017 while considering 2018 as the base year to estimate the rise of the industry in the years 2019 to 2026.

The global piperylene market is expected to grow at a CAGR of about 6% during the forecasted period. Piperylene, also known as 1,3-pentadiene, is an organic compound consisting of five carbon chains with two double bonds. Piperylene is produced during the separation process of crude C5 from pyrolysis gasoline. In simple terms, it is derived from crude oil via several separation processes. Piperylene is mainly used as a catalyst for plastic production, resin production, and adhesive production.

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The driving factors of the Piperylene market include the rise of plastic and resin industries in addition to the increasing demand for end-products manufacturing such as parcel tapes and diaper fastenings. Piperylene is also used in making rubber traffic equipment and road making paints, hot melting, and pressure-sensitive applications. On the downside, Piperylene is a highly volatile and flammable compound and has an unpleasant smell. It is also moderately toxic and can harm the biotic life. These are key restraints of Piperylene market.

Some of the key findings from our Piperylene Market forecast report
The report provides an assessment of the Piperylene market to predict its emerging development on the global scale. The historical data is considered from the years 2016 and 2017 while taking 2018 as the base year to estimate the trends in the years 2019 to 2026. The industry has been categorized into different segments based on type as Type coverage such as?40% Purity, 40% -65% Purity, ?65% Purity; by application such as adhesives, paints, rubber and others. This study also evaluates the competition in the business to derive the individual placements of the key players in the global sector considering both organic and inorganic growth strategies.

The report outlines those sectors of the industry that are expected to develop significantly in the upcoming years to aid the readers in deciphering the most profitable ones for their business. By doing so, the report also highlights the forthcoming areas of the industry that exhibit significant potential for growth and investment.

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Piperylene Global Market overview:
The Piperylene Global market is expected to deliver a steady growth rate in the forecasted years. This study offers an analysis of the trends recorded in the historical years to predict the rise in the size, share, demand, gross profits, earnings and revenue in the upcoming years.

The adhesive industry had the highest demand withholding over 75% of the share in 2017, while the largest consumer of Piperylene was China, consuming over 200 K MT of piperylene in 2017. Asia-Pacific will continue to dominate the market during the forecast period. Europe's market will rise steadily due to the increase in the automotive and aerospace sectors in Europe while in North America, the change in lifestyle is a significant factor driving industrial growth. The other geographical regions covered in this study include Asia Pacific, Middle East and Africa, and Latin America. This study gives an all-encompassing outlook of the global landscape of piperylene to guide the investors in making well-informed executive decisions.

The key players in the Piperylene market include:
- Sinopec
- Formosa Chemical
- Zeon Corporation
- LOTTE Chemical
- Eastman
- LyondellBasell
- Mitsui
- Shell
- Ningbo Jinhai Chenguang Chemical
- Braskem
- Shandong Yuhuang Chemical
- YNCC
- Nanjing Yuangang

Market segment based on the type:
- 40% Purity
- 40% -65% Purity
- 65% Purity

Market segment based on the Application
- Adhesives,
- Paints
- Rubber and Others

Market segment by Region/Country include:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America

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