Reports

Neopentyl Glycol Market

Global Neopentyl Glycol Market Size, Trends, Growth: By Type: Flakes, Molten, Slurry, Others; By Technology: Disproportionation Method, Hydrogenation Method; By Application: Paint and Coatings, Insulation Material, Adhesives and Sealants, Lubricants, Fibres, Plasticisers, Others; Regional Analysis; Competitive Landscape; 2024-2032

Global Neopentyl Glycol Market Outlook

The global neopentyl glycol market reached a volume of about 782.84 KMT in 2023. The market for neopentyl glycol is being driven by increasing demand from multiple industries, such as paint and coatings. The market is further expected to grow at a CAGR of 3.7% in the forecast period of 2024-2032 to reach a volume of approximately 1085.65 KMT by 2032.

 

Global Neopentyl Glycol Market

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Rising Demand from Multiple Application Segments Boosting the Industry Growth

Neopentyl glycol is known for its many properties and applications in various industries, which is directly boosting its growth significantly. Qualities of neopentyl glycol such as scratch resistance, high resistance to oxidation, and non-polar chemical nature, among others, accredit to the rising growth rate of the industry as these make neopentyl glycol employable in various industries. Due to such qualities, the demand for neopentyl glycol is growing for many applications such as resins, paint and coatings, plasiticisers, lubricants, etc., which is thereby bolstering the market growth for the product. The market is also driven by rising demand from pharmaceuticals, textiles, construction, etc., and is expected to witness new market opportunities in the forecast period to expand the market further.

 

Neopentyl Glycol: Market Segmentation

Neopentyl glycol is an organic compound mainly obtained from isobutyraldehyde and formaldehyde. It is a white crystalline solid with a mint-like odour. Neopentyl glycol is used in wide ranges of applications, such as base resins for coatings, lubricant oils and greases, hydraulic fluids, textiles, pharmaceuticals, and pesticides, among others. It is also used in the manufacture of many polyesters due to its ability to enhance the heat, water, and light stability.

 

Global Neopentyl Glycol Market

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Based on type, the market is divided into:

  • Flakes
  • Molten
  • Slurry
  • Others

On the basis of technology, the market is segmented into:

  • Disproportionation Method
  • Hydrogenation Method

By application, the market is segregated into:

  • Paint and Coatings
  • Insulation Material
  • Adhesives and Sealants
  • Lubricants
  • Fibres
  • Plasiticisers
  • Pharmaceuticals
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Neopentyl Glycol Market

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Paint and Coatings Industry Aiding the Market Growth of Neopentyl Glycol

The paint and coatings industry additionally has rising demand from automobiles and transportation as well as building and construction industries, indirectly boosting the market growth of neopentyl glycol. Resistance to scratches and low VOC content of neopentyl glycol is expected to boost the use of the product in the paint and coatings industry during the forecast period. Moreover, the growing demand for adhesives and sealants is also supporting the growth of the neopentyl glycol industry. Powder coatings of neopentyl glycol have enhanced thermal protection and ultraviolet stability, making it a leading product in the paint and coating industry, thereby bolstering the growth rate of the industry.

 

Key Industry Players in the Global Neopentyl Glycol Market

The report gives a detailed analysis of the following key players in the global neopentyl glycol market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • BASF SE 
  • Eastman Chemical Company
  • Mitsubishi Gas Chemical Company, Inc
  • Perstorp Group
  • LG Chem
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Technology, Application, Region
Breakup by Type Flakes, Molten, Slurry, Others
Breakup by Technology Disproportionation Method, Hydrogenation Method
Breakup by Application Paint and Coatings, Insulation Material, Adhesives and Sealants, Lubricants, Fibres, Plasticisers, Pharmaceuticals, Others
Breakup by Regions North America, Latin America, Europe, Middle East and Africa, Asia Pacific
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Price Analysis Historical and Forecast Price Trends-Regional
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered BASF SE, Eastman Chemical Company, Mitsubishi Gas Chemical Company, Inc, Perstorp Group, LG Chem, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Neopentyl Glycol Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Neopentyl Glycol Historical Market (2018-2023) 
    8.3    Global Neopentyl Glycol Market Forecast (2024-2032)
    8.4    Global Neopentyl Glycol Market by Type
        8.4.1    Flakes    
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2023)
            8.4.1.3    Forecast Trend (2024-2032)
        8.4.2    Molten
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2023)
            8.4.2.3    Forecast Trend (2024-2032)
        8.4.3    Slurry
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2018-2023)
            8.4.3.3    Forecast Trend (2024-2032)
        8.4.4    Others
    8.5    Global Neopentyl Glycol Market by Technology
        8.5.1    Disproportionation Method
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2023)
            8.5.1.3    Forecast Trend (2024-2032)
        8.5.2    Hydrogenation Method
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2023)
            8.5.2.3    Forecast Trend (2024-2032)
    8.6    Global Neopentyl Glycol Market by Application
        8.6.1    Paint and Coatings
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2023)
            8.6.1.3    Forecast Trend (2024-2032)
        8.6.2    Insulation Material
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2023)
            8.6.2.3    Forecast Trend (2024-2032)
        8.6.3    Adhesives and Sealants
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2018-2023)
            8.6.3.3    Forecast Trend (2024-2032)
        8.6.4    Lubricants
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2018-2023)
            8.6.4.3    Forecast Trend (2024-2032)
        8.6.5    Fibres
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2018-2023)
            8.6.5.3    Forecast Trend (2024-2032)
        8.6.6    Plasticisers
            8.6.6.1    Market Share
            8.6.6.2    Historical Trend (2018-2023)
            8.6.6.3    Forecast Trend (2024-2032)
        8.6.7    Pharmaceuticals
            8.6.7.1    Market Share
            8.6.7.2    Historical Trend (2018-2023)
            8.6.7.3    Forecast Trend (2024-2032)
        8.6.8    Others
    8.7    Global Neopentyl Glycol Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2018-2023)
        9.3.2    Forecast Trend (2024-2032)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2018-2023)
        9.4.2    Forecast Trend (2024-2032)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2018-2023)
        9.5.2    Forecast Trend (2024-2032)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis
    12.1    North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    12.2    Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
    12.3    Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
    12.4    Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    12.5    Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
13    Feedstock Analysis
    13.1    Global Isobutyraldehyde and formaldehyde Market Analysis
        13.1.1    Key Industry Highlights
        13.1.2    Global Isobutyraldehyde Historical Market (2018-2023) 
        13.1.3    Global Isobutyraldehyde Market Forecast (2024-2032)
        13.1.4    Global Isobutyraldehyde Market by Application
        13.1.5    Global Isobutyraldehyde Market by Region
            13.1.5.1    Market Share
                13.1.5.1.1    North America
                13.1.5.1.2    Europe
                13.1.5.1.3    Asia Pacific
                13.1.5.1.4    Latin America
                13.1.5.1.5    Middle East and Africa
    13.2    Global Formaldehyde Market Analysis
        13.2.1    Key Industry Highlights
        13.2.2    Global Formaldehyde Historical Market (2018-2023) 
        13.2.3    Global Formaldehyde Market Forecast (2024-2032)
        13.2.4    Global Formaldehyde Market by Application
        13.2.5    Global Formaldehyde Market by Region
            13.2.5.1    Market Share
                13.2.5.1.1    North America
                13.2.5.1.2    Europe
                13.2.5.1.3    Asia Pacific
                13.2.5.1.4    Latin America
                13.2.5.1.5    Middle East and Africa
14    Competitive Landscape
    14.1    Market Structure
    14.2    Company Profiles
        14.2.1    BASF SE
            14.2.1.1    Company Overview
            14.2.1.2    Product Portfolio
            14.2.1.3    Demographic Reach and Achievements
            14.2.1.4    Certifications
        14.2.2    Eastman Chemical Company
            14.2.2.1    Company Overview
            14.2.2.2    Product Portfolio
            14.2.2.3    Demographic Reach and Achievements
            14.2.2.4    Certifications
        14.2.3    Mitsubishi Gas Chemical Company, Inc
            14.2.3.1    Company Overview
            14.2.3.2    Product Portfolio
            14.2.3.3    Demographic Reach and Achievements
            14.2.3.4    Certifications
        14.2.4    Perstorp Group
            14.2.4.1    Company Overview
            14.2.4.2    Product Portfolio
            14.2.4.3    Demographic Reach and Achievements
            14.2.4.4    Certifications
        14.2.5    LG Chem
            14.2.5.1    Company Overview
            14.2.5.2    Product Portfolio
            14.2.5.3    Demographic Reach and Achievements
            14.2.5.4    Certifications
        14.2.6    Others
15    Industry Events and Developments


Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirement and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment


List of Key Figures and Tables

1.    Global Neopentyl Glycol Market: Key Industry Highlights, 2018 and 2032
2.    Global Neopentyl Glycol Historical Market: Breakup by Type (USD Million), 2018-2023
3.    Global Neopentyl Glycol Market Forecast: Breakup by Type (USD Million), 2024-2032
4.    Global Neopentyl Glycol Historical Market: Breakup by Technology (USD Million), 2018-2023
5.    Global Neopentyl Glycol Market Forecast: Breakup by Technology (USD Million), 2024-2032
6.    Global Neopentyl Glycol Historical Market: Breakup by Application (USD Million), 2018-2023
7.    Global Neopentyl Glycol Market Forecast: Breakup by Application (USD Million), 2024-2032
8.    Global Neopentyl Glycol Historical Market: Breakup by Region (USD Million), 2018-2023
9.    Global Neopentyl Glycol Market Forecast: Breakup by Region (USD Million), 2024-2032
10.    North America Neopentyl Glycol Historical Market: Breakup by Country (USD Million), 2018-2023
11.    North America Neopentyl Glycol Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Europe Neopentyl Glycol Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Europe Neopentyl Glycol Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Asia Pacific Neopentyl Glycol Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Asia Pacific Neopentyl Glycol Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Latin America Neopentyl Glycol Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Latin America Neopentyl Glycol Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Middle East and Africa Neopentyl Glycol Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Middle East and Africa Neopentyl Glycol Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    North America Historical Price Trends and Forecast (2018-2028)
21.    Europe Historical Price Trends and Forecast (2018-2028)
22.    Asia Pacific Historical Price Trends and Forecast (2024-2032)
23.    Latin America Historical Price Trends and Forecast (2018-2028)
24.    Middle East and Africa Historical Price Trends and Forecast (2018-2028)
25.    Global Isobutyraldehyde Market: Key Industry Highlights, 2018 and 2032
26.    Global Isobutyraldehyde Historical Market: Breakup by Application (USD Million), 2018-2023
27.    Global Isobutyraldehyde Market Forecast: Breakup by Application (USD Million), 2024-2032
28.    Global Isobutyraldehyde Historical Market: Breakup by Region (USD Million), 2018-2023
29.    Global Isobutyraldehyde Market Forecast: Breakup by Region (USD Million), 2024-2032
30.    Global Formaldehyde Market: Key Industry Highlights, 2018 and 2032
31.    Global Formaldehyde Historical Market: Breakup by Application (USD Million), 2018-2023
32.    Global Formaldehyde Market Forecast: Breakup by Application (USD Million), 2024-2032
33.    Global Formaldehyde Historical Market: Breakup by Region (USD Million), 2018-2023
34.    Global Formaldehyde Market Forecast: Breakup by Region (USD Million), 2024-2032
35.    Global Neopentyl Glycol Market Structure

Key Questions Answered in the Report

What was the global neopentyl glycol market size in 2023?

The market attained a volume of nearly 782.84 KMT in 2023. 

What is the growth rate of the global neopentyl glycol market?

The market is projected to grow at a CAGR of 3.7% between 2024 and 2032. 

What is the forecast outlook of the global neopentyl glycol market for 2024-2032?

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a volume of 1085.65 KMT by 2032. 

What are the major drivers of the market?

The major drivers of the market are rising demand from pharmaceutical, textile, and construction industries and increased adoption of low-VOC glycol products.

What are the key trends of the market?

The key trends guiding the growth of the market include growing infrastructure projects and developments in personal care and pharmaceuticals.

What are the major regional markets of neopentyl glycol, according to the EMR report?

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific. 

What are the types of neopentyl glycol in the market?

Flakes, molten, and slurry, among others, are the different types of neopentyl glycol in the market. 

What are the various technologies of neopentyl glycol in the market?

Disproportionation method, and hydrogenation method are the various technologies of neopentyl glycol in the market.

What are the applications of neopentyl glycol?

The applications of neopentyl glycol include paint and coatings, insulation material, adhesives and sealants, lubricants, fibres, plasticisers, and pharmaceuticals, among others.

Who are the key market players, according to the report?

The key players in the global neopentyl glycol market are BASF SE, Eastman Chemical Company, Mitsubishi Gas Chemical Company, Inc, Perstorp Group, and LG Chem, among others.

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