DUBLIN, Feb. 27, 2018 /PRNewswire/ --
The "Triacetin Market by Grade (Tobacco, Food, Industrial), Product Type (Plasticizer, Solvent, Humectant), End Use Industry (Tobacco, Food & Beverage, Pharmaceutical, Cosmetic, Chemical), and Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The triacetin market is estimated to be USD 245.6 Million in 2017 and is projected to reach USD 309.9 Million by 2022, at a CAGR of 4.8% from 2017 to 2022
Increasing demand from end-use industries, such as tobacco, food & beverage, pharmaceutical, and cosmetic, is expected to drive the growth of the triacetin market during the forecast period.
The overall growth of the triacetin market is due to the increasing consumption of cigarette across the globe, which is the major application of triacetin. Triacetin is also used in various food applications, including baked foods, dairy products, and others. In the cosmetic industry, triacetin is widely used for its texturing, moisturizing, emulsifying, and stabilizing properties. In the pharmaceutical industry, triacetin is used as an excipient in the manufacturing of capsules and tablets. It is also widely used in this industry as an antifungal agent and a plasticizer for manufacturing capsules and capsule coatings. However, stringent regulations and international quality standards have restricted the use of triacetin in various countries.
Eastman Chemical Company (US), LANXESS AG (Germany), BASF SE (Germany), Polynt Group (Italy), and Daicel Corporation (Japan) are some of the leading companies operating in the triacetin market.
Key Topics Covered:
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Currency
1.5 Unit Considered
1.6 Stakeholders
2 Research Methodology
2.1 Research Data
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Research Assumptions
2.5 Limitations
3 Executive Summary
4 Premium Insights
4.1 Attractive Growth Opportunities in the Triacetin Market
4.2 Triacetin Market, End-Use Industry
4.3 Triacetin Market, By Product Type and Region
4.4 Triacetin Market, By Grade
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 High Demand for Triacetin From End-Use Industries
5.2.2 Restraints
5.2.2.1 Stringent Regulations and International Quality Standards for Triacetin
5.2.3 Opportunities
5.2.3.1 Abundant Supply of Raw Material for Triacetin
5.3 Porter's Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Buyers
5.3.4 Bargaining Power of Suppliers
5.3.5 Intensity of Competitive Rivalry
6 Triacetin Market, By Grade
6.1 Introduction
6.2 Tobacco Grade
6.3 Food Grade
6.4 Industrial Grade
7 Triacetin Market, By Product Type
7.1 Introduction
7.2 Plasticizer
7.3 Solvent
7.4 Humectant
7.5 Others
8 Triacetin Market, By End-Use Industry
8.1 Introduction
8.2 Tobacco
8.3 Food & Beverage
8.4 Pharmaceutical
8.5 Cosmetic
8.6 Chemical
8.7 Others
9 Triacetin Market, By Region
10 Competitive Landscape
10.1 Market Ranking Analysis
10.2 Competitive Situation & Trends
10.2.1 Mergers
11 Company Profiles
- Alfa Aesar
- Atanor S.C.A.
- BASF SE
- Daicel Corporation
- Eastman Chemical Company
- Hefei Tnj Chemical Industry Co., Ltd.
- Jiangsu Ruichen Chemical Co., Ltd.
- KLK OLEO
- Lanxess AG
- Lemon-Flex Company Limited China
- Mosselman S.A.
- Polynt Group
- Reactchem Co., Ltd.
- Sisco Research Laboratories Pvt. Ltd. (SRL)
- Spectrum Chemical Mfg. Corp.
- Yixing Kaixin Chemical Co., Ltd.
- Zhonglan Industry Co., Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/5d6jls/global_triacetin?w=5
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SOURCE Research and Markets
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