Triacetin Market (Updated Version Available)

The report offers detailed coverage of Triacetin 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 Triacetin by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The Triacetin 1,2,3-triacetoxypropane is more generally known as triacetin and glycerin triacetate. It is the triester of glycerol and acetic acid, and is the second simplest fat after triformin. Triacetin is readily soluble in aromatic hydrocarbons and most organic solvents. It is insoluble in aliphatic hydrocarbons, mineral oils, and vegetable and animal oils. Solubility in water is low.
The global Triacetin industry has a rather high concentration. The major manufacturers are concentrated in China, North America, Europe and Japan, such as Eastman, Lanxess, BASF, Daicel and Jiangsu Ruijia. At present, Jiangsu Ruijia is the world leader, holding 23.63% production market share in 2016.
Triacetin downstream is wide and recently Triacetin has acquired increasing significance in various fields of Tobacco, Food, Foundry and others. Globally, the Triacetin market is mainly driven by growing demand for Tobbacco. Tobacco accounts for nearly 60.94% of total downstream consumption of Triacetin in global.
Triacetin can be mainly divided into Tobacco Grade, Industrial Grade and Food Grade which Tobacco Grade captures about 62.21% of Triacetin market in 2016. According to our research and analysis, manufacturers from China are the major leaders in the international market of Triacetin.

The report forecast global Triacetin market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.

First, this report covers the present status and the future prospects of the global Triacetin market for 2015-2027.
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
Eastman
Polynt
Lanxess
BASF
Daicel
Jiangsu Ruijia
Jiangsu Lemon
Yunnan Huanteng
Yixing Tianyuan
Xinxiang Huayang
Jiangsu Licheng
Yixing YongJia Chemical


At the same time, we classify Triacetin 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
Tobacco Grade
Industrial Grade
Food Grade
Others
Market by Application
Tobacco
Food
Foundry
Others

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 Triacetin market for the forecast period 2021 - 2027?
• What are the driving forces in the Triacetin market for the forecast period 2021 - 2027?
• 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 Triacetin 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?