Trimethylolpropane (TMP) Market (Updated Version Available)

The worldwide Trimethylolpropane (TMP) market touched xxx million USD with a CAGR xx % from 2015-2019 around the world. In the future, it is predicted to reach xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
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.

s the report focuses on global Trimethylolpropane (TMP) market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the market on the basis of regions, manufacturers, applications, and type.

in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.

In market segmentation by manufacturers, the report covers the following companies-
Perstop
Lanxess
Oxea
BASF
Polioli
Mitsubishi Gas Chemical
Chang Chun Group
Baichuan Chemical Industrial
Kosin Organics
Jilin Petrochemical
Hbyihua

In market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In market segmentation by types covers:
Aldehyde Hydrogenation Obtained
Sodium Formate Processed Trimethylolpropanes

In market segmentation by applications :
Plastic Industry
Synthetic Lubricants
Pigment Coating

Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.

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 2020 - 2025?
• What are the driving forces in the Trimethylolpropane (TMP) market for the forecast period 2020 - 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?