Trimethylolpropane (TMP) Market (Updated Version Available)

Trimethylolpropane is a trifunctional alcohol with a wide spectrum of applications in the chemical industry, e.g. for the synthesis of alkyd and polyester resins, synthetic lubricants, PU-foams and lacquers or glues and adhesives. Furthermore trimethylol propane is used for the production of dyestuffs, pigments, paints and silicone products.
The trimethylolpropane market is highly concentrated. The numbers of major manufacturer in this field would be no more than 50. For the past 20 years, trimethylolpropane has been a niche market, and advanced technology and sufficient raw material supply is vital in this industry. Consequently, only limited countries are able to produce trimethylolpropane in their own land. Regionally, Europe, USA and China are the main production base of trimethylolpropane, with Japan can also supply slight amount.
As a kind of fine chemical, the production of trimethylolpropane highly relies on the downstream demand. Pigment coating is the dominant use of TMP, with plastic industry and lubricant also consume a large amount. Perstorp, Lanxess and Oxea are the leading manufacturers of TMP with advanced technology. As China has been increasingly important in this field, China companies like Baichuan Chemical, Kosin and Jilin Petrochemical are also showing as competitive suppliers in this field.

The report offers detailed coverage of Trimethylolpropane (TMP) industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Trimethylolpropane (TMP) by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Trimethylolpropane (TMP) market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Trimethylolpropane (TMP) market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Perstop
Lanxess
Oxea
BASF
Polioli
Mitsubishi Gas Chemical
Chang Chun Group
Baichuan Chemical Industrial
Kosin Organics
Jilin Petrochemical
Hbyihua

At the same time, we classify Trimethylolpropane (TMP) according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Aldehyde Hydrogenation Obtained
Sodium Formate Processed Trimethylolpropanes
Market by Application
Plastic Industry
Synthetic Lubricants
Pigment Coating

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Trimethylolpropane (TMP) market for the forecast period 2021 - 2025?
• What are the driving forces in the Trimethylolpropane (TMP) market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Trimethylolpropane (TMP) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?