2018-2023 Global Trimellitic Anhydride Consumption Market Report
NxtGen Reports recently added a new market research report in its offerings titled, "2018-2023 Global Trimellitic Anhydride Consumption Market Report".
(EMAILWIRE.COM, October 17, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Trimellitic Anhydride market for 2018-2023.
Trimellitic anhydride (TMA) is an important refined chemical product with white or light yellow flake crystal structure. With a molecular formula of C9H4O5, Trimellitic anhydride has a molecular weight of 192.12, a melting point of 165ºC and a boiling point of 390ºC. Trimellitic anhydride can dissolve easily in water, ethyl alcohol and other organic solvents. In the presence of water, Trimellitic anhydride (TMA) will rapidly hydrolyze (within 10 minutes) to form Trimellitic Acid (TMLA).
There are several manufacturers in the world, such as, Flint Hills Resources, Polynt, Jiangsu Zhengdan Chemical, Wuxi Baichuan Chemical, Anhui Taida New Materials. FHR is still the largest manufacturer of trimellitic anhydride and it has established plants in USA, Europe and Southeast Asia. In the trimellitic anhydride production market, FHR is still occupied a large market share of 32.62% in 2015. Otherwise, Mitsubishi Gas Chemical has shut up the manufacturer plant in 2014.
China and USA are the important consumption market and suppliers of trimellitic anhydride. In these developed regions like Europe and USA, advanced manufacturing technology provided possibility for the fast development of trimellitic anhydride industry.
China is the emerging market of trimellitic anhydride. Manufacturers like Zhegndan, Baichuan have built considerable capacity of trimellitic anhydride. With the research and development of technology, there will be more companies come into this market in the future.
The market concentration of trimellitic anhydride industry is relatively high and the top 6 manufacturers occupied more than 98% market share. The high concentration can make full use of resources, but it will also limit the introduction of new technology. In the past five years, the price of trimellitic anhydride is increasing because of the huge demand.
We tend to believe this industry is a developing industry, and the consumption increasing degree will show a smooth growth curve. In the future, many new manufactures will build and expand the new plant, for product prices, the increasing capacity and the slow downward trend in recent years will maintain in the future as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin.
Over the next five years, this report projects that Trimellitic Anhydride will register a 2.2% CAGR in terms of revenue, reach US$ 450 million by 2023, from US$ 400 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Trimellitic Anhydride market by product type, application, key manufacturers and key regions.
To calculate the market size, this report considers value and volume generated from the sales of the following segments:
Segmentation by product type:
MC Method Product
MGC Method Product
Segmentation by application:
Trimellitate Plasticizer
Powder Coatings
Insulation Materials
Polyester Resin
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Flint Hills Resources
Polynt
Jiangsu Zhengdan Chemical
Wuxi Baichuan Chemical
Anhui Taida New Materials
Mitsubishi Gas Chemical
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Trimellitic Anhydride consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Trimellitic Anhydride market by identifying its various subsegments.
Focuses on the key global Trimellitic Anhydride manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Trimellitic Anhydride with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Trimellitic Anhydride submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
To get Free Sample or to Buy this report at discounted price visit: https://www.nxtgenreports.com/market-research-reports/2018-2023-global-trimellitic-anhydride-consumption
If you have any special requirements, kindly Contact Us and we will offer you the report as you want.
About NxtGen Reports: NxtGen Reports delivers strategic market research reports, industry analysis, business research and forecasts on product, services and companies. We understand the need of our customers and keep our market research reports up to date. Our reports are very well organized enabling our customers to identify and get access easily. We also offer customized discounts based on your expectations.
Contact Information:
Madhuri Vetal
NxtGen Reports
Email: sales@nxtgenreports.com
Phone: +918551022388
More Report at: https://www.nxtgenreports.com/market-research-reports
Trimellitic anhydride (TMA) is an important refined chemical product with white or light yellow flake crystal structure. With a molecular formula of C9H4O5, Trimellitic anhydride has a molecular weight of 192.12, a melting point of 165ºC and a boiling point of 390ºC. Trimellitic anhydride can dissolve easily in water, ethyl alcohol and other organic solvents. In the presence of water, Trimellitic anhydride (TMA) will rapidly hydrolyze (within 10 minutes) to form Trimellitic Acid (TMLA).
There are several manufacturers in the world, such as, Flint Hills Resources, Polynt, Jiangsu Zhengdan Chemical, Wuxi Baichuan Chemical, Anhui Taida New Materials. FHR is still the largest manufacturer of trimellitic anhydride and it has established plants in USA, Europe and Southeast Asia. In the trimellitic anhydride production market, FHR is still occupied a large market share of 32.62% in 2015. Otherwise, Mitsubishi Gas Chemical has shut up the manufacturer plant in 2014.
China and USA are the important consumption market and suppliers of trimellitic anhydride. In these developed regions like Europe and USA, advanced manufacturing technology provided possibility for the fast development of trimellitic anhydride industry.
China is the emerging market of trimellitic anhydride. Manufacturers like Zhegndan, Baichuan have built considerable capacity of trimellitic anhydride. With the research and development of technology, there will be more companies come into this market in the future.
The market concentration of trimellitic anhydride industry is relatively high and the top 6 manufacturers occupied more than 98% market share. The high concentration can make full use of resources, but it will also limit the introduction of new technology. In the past five years, the price of trimellitic anhydride is increasing because of the huge demand.
We tend to believe this industry is a developing industry, and the consumption increasing degree will show a smooth growth curve. In the future, many new manufactures will build and expand the new plant, for product prices, the increasing capacity and the slow downward trend in recent years will maintain in the future as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin.
Over the next five years, this report projects that Trimellitic Anhydride will register a 2.2% CAGR in terms of revenue, reach US$ 450 million by 2023, from US$ 400 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Trimellitic Anhydride market by product type, application, key manufacturers and key regions.
To calculate the market size, this report considers value and volume generated from the sales of the following segments:
Segmentation by product type:
MC Method Product
MGC Method Product
Segmentation by application:
Trimellitate Plasticizer
Powder Coatings
Insulation Materials
Polyester Resin
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Flint Hills Resources
Polynt
Jiangsu Zhengdan Chemical
Wuxi Baichuan Chemical
Anhui Taida New Materials
Mitsubishi Gas Chemical
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Trimellitic Anhydride consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Trimellitic Anhydride market by identifying its various subsegments.
Focuses on the key global Trimellitic Anhydride manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Trimellitic Anhydride with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Trimellitic Anhydride submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
To get Free Sample or to Buy this report at discounted price visit: https://www.nxtgenreports.com/market-research-reports/2018-2023-global-trimellitic-anhydride-consumption
If you have any special requirements, kindly Contact Us and we will offer you the report as you want.
About NxtGen Reports: NxtGen Reports delivers strategic market research reports, industry analysis, business research and forecasts on product, services and companies. We understand the need of our customers and keep our market research reports up to date. Our reports are very well organized enabling our customers to identify and get access easily. We also offer customized discounts based on your expectations.
Contact Information:
Madhuri Vetal
NxtGen Reports
Email: sales@nxtgenreports.com
Phone: +918551022388
More Report at: https://www.nxtgenreports.com/market-research-reports
Contact Information:
NxtGen Reports
Madhuri Vetal
Tel: +918551022388
Email us
----
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NxtGen Reports
Madhuri Vetal
Tel: +918551022388
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results