Triacetin Market Still Has Room to Grow : Emerging Players BASF, Eastman Chemical, Polynt
Edison, NJ -- (SBWire) -- 08/09/2019 --HTF Market Intelligence released a new research report of 100 pages on title 'Global Triacetin Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025' with detailed analysis, forecast and strategies. The study covers key regions that includes North America, Europe, Asia-Pacific etc and important players such as BASF SE (Germany) , Polynt Group (Italy) , Daicel etc.
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Summary
Global Triacetin Market Overview:
Triacetin, also known as glyceryl triacetate has been used as excipient in production tablets & capsules in the pharmaceutical industry. It is mainly used as a humectant, plasticizer, as well as solvent. In United States, The Food and Drug Administration (FDA) has permitted its use as food additive in the food industry. It is widely used as solvent for flavoring various food products. Furthermore, Triacetin is used as a plasticizer for ethyl cellulose, cellulose acetate, and nitrocellulose. It is also used in the perfume & cosmetic industries. Growing demand from various endues industries is driving the growth of global triacetin market over the forecasted period.
Market Drivers
The Expansion of Food and Pharmaceutical Sectors
High Demand for Triacetin from Various End-Use Industries
Market Trend
High demand for triacetin to manufacture cellulose acetate
Restraints
Strict Regulations and International Quality Standards for Triacetin
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Competitive Landscape:
In January 2019, BASF SE has announced that the Company has signed a Framework Agreement in Ludwigshafen with Lin Shaochun, Vice Governor of Guangdong Province, setting out further details of BASF's plan to form a new smart Verbund site in Guangdong, China. Resulting the signing of the MoU in July 2018, BASF SE has selected the city of Zhanjiang as the location for its second Verbund site in China. This new integrated site of BASF SE will support to the industrial transformation of Guangdong. This agreement will help the company to remain competitive in the global triacetin market over the near future.
Some of the key players profiled in the report are Eastman Chemical Company (United States) , LANXESS (Germany) , BASF SE (Germany) , Polynt Group (Italy) , Daicel Corporation (Japan) , Jiangsu Ruijia Chemistry Limited Company (China) , Lemon-flex Company Limited China (China) , Yixing Tianyuan Chemical Co.,Ltd. (China) , Atanor S.A. (Argentina) and Yixing YongJia Chemical Co.,Ltd. (China). Additionally, following companies are also profiled like Mosselman SA (Belgium) , KLK OLEO (Malaysia) and Xinxiangshi Huayang Adhesives Co., Ltd (China)
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Triacetin market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Triacetin market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Triacetin Manufacturers , Triacetin Distributors, Dealers and Suppliers , Raw Material Suppliers , Regulatory organizations , Chemical Industry , Food Industry , Pharmaceutical Industry , Government and Research Organizations , Industry Associations and Others.
This helps us to gather the data for the playersÂ' revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
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Major Highlights of TOC:
Chapter One: Global Triacetin Market Industry Overview
1.1 Triacetin Industry
1.1.1 Overview
1.1.2 Products of Major Companies
1.2 Triacetin Market Segment
1.2.1 Industry Chain
1.2.2 Consumer Distribution
1.3 Price & Cost Overview
Chapter Two: Global Triacetin Market Demand
2.1 Segment Overview
2.1.1 APPLICATION 1
2.1.2 APPLICATION 2
2.1.3 Other
2.2 Global Triacetin Market Size by Demand
2.3 Global Triacetin Market Forecast by Demand
Chapter Three: Global Triacetin Market by Type
3.1 By Type
3.1.1 TYPE 1
3.1.2 TYPE 2
3.2 Triacetin Market Size by Type
3.3 Triacetin Market Forecast by Type
Chapter Four: Major Region of Triacetin Market
4.1 Global Triacetin Sales
4.2 Global Triacetin Revenue & market share
Chapter Five: Major Companies List
Chapter Six: Conclusion
....Continued
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Key questions answered
- Who are the Leading key players and what are their Key Business plans in the Global Triacetin market?
- What are the key concerns of the five forces analysis of the Global Triacetin market?
- What are different prospects and threats faced by the dealers in the Global Triacetin market?
- What are the strengths and weaknesses of the key vendors?
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