The Global Di Trimethylolpropane Market size is projected to expand at a CAGR of 2.5% in terms of value from 2021 to 2028. The growth is attributed to the increasing demand for DMTP from various applications such as UV cure resin, epoxy resins, polyurethane, lubricant, and additives. In addition, other factors driving the growth include high demand for DMTP across the Asia Pacific region due to its expanding manufacturing sector and potential applications in the paints & coatings industry.
Di trimethylolpropane is a chemical compound that has the formula (CH)CO(OH)(CH). It is an aliphatic diol with three hydroxyl groups. Di trimethylolpropane can be produced by reacting glycerin with formaldehyde or acrolein in presence of water and base catalyst to produce di acid and base-catalyzed hydrolysis of polyester resins, which then reacts with hydrogen chloride gas to yield DMTP. Other methods for producing DI Trimethoxypolyols include a reaction between higher alcohols such as butanol or pentanol and trichloracetic acid followed by either treatment with chlorine dioxide or sodium chlorate under acidic conditions. It is used primarily as a co-monomer in polyurethane resins, additives for lubricants, and oil well drilling fluids.
On the basis of Type, the global di trimethylolpropane market is segmented into 98% Purity, 99% purity, and others.
98% purity di trimethylolpropane is an industrial chemical compound that functions as a co-monomer in polyurethanes and is also used for additives to lubricants. 98% purity does not react with chlorine dioxide or sodium chlorate under acidic conditions, which makes it suitable for use in the production of epoxy resins.99% purity of di trimethylolpropane is a chemical compound that functions as a co-monomer in polyurethanes. Polymerization reaction with monomers takes place at the terminal olefin groups, and this can be increased by using appropriate catalysts such as organic peroxide or metal salt. Applications include UV cure resins, epoxy resins, and others like linings for fuel tanks to reduce hydrocarbon emissions; additives for lubricants, etc. Other major application segments market includes automotive industry and others such as nonwovens & textiles etc.
On the basis of Application, the global di trimethylolpropane market is segmented into UV Cure Resin, Epoxy Resin, Polyurethane, Lubricant Additives, and Others.
The application of di trimethylolpropane in UV cure resin is to initiate the cross-linking reaction. It has high reactivity and low viscosity, which makes it an excellent initiator for epoxy resins, but its potential as an acrylate polymerization initiator needs more research. people have started shifting their focus from conventional polyesters to this technology due to several advantages including better transparency, higher stability against heat & light, less weight among others; thus fueling the demand for Di trimethylolpropane globally in coming years on account of increasing consumption by major applications such as automotive industry and growing adoption rate by end users across regions.
The application of Di trimethylolpropane in Epoxy Resin is used as an initiator to form the epoxy resin. It sets up a chemical reaction with other chemicals and generates heat, which then hardens into a clear polymer that bonds two surfaces together. The use of Di trimethylolpropane in Epoxy Resin is also important for the manufacture of various structural components and tools. Its main application is to create a very hard, clear polymer that can be used as an insulating coating on planes or even pipelines. It's also used to make polyester fiberglass composites because it cures quickly, at low temperatures, and with little shrinkage.
Polyurethane is an organic polymer that’s used in both rigid and flexible foams, coatings, sealants, adhesives, etc. It also has a variety of applications ranging from construction to personal hygiene products like shampoo or toothpaste. One application for Di trimethylolpropane makes it stand out among other chemicals in the production of high-quality waterproof polyurethanes with good chemical resistance. These are mainly used as car floor coverings where they form a protective layer between the vehicle’s carpeting and subfloor components such as insulation mats and suspension parts to prevent corrosion due to spilled liquids. They are also used on airplanes for similar reasons but additionally provide support against wear caused by metal surfaces coming in contact with one another.
Di trimethylolpropane is used as a lubricant additive. It makes the end product smoother and less viscous, which helps it to flow more easily. Di trimethylolpropane also prevents corrosion in certain applications such as automotive floor coverings- so that anti-corrosion coatings can last longer without needing to be replaced. It additionally reduces wear on metal surfaces during high-speed driving or operation of machinery with moving parts; this includes engines for cars, ships, or airplanes among other things. As a lubricating agent, it prevents oxidation by reducing friction between two parts. It can also be used as an additive for gasoline and diesel fuel, among other things.
On the basis of Region, the global di trimethylolpropane market is segmented into North America, Latin America, Europe, Asia Pacific (APAC), and Middle East & Africa.
North America: the U.S. is the leading and fastest-growing country in this region with a high demand for di trimethylolpropane owing to various industries including the construction, industrial chemicals, automotive parts manufacturing, and pharmaceuticals that use it as an ingredient.
Asia Pacific: China was among the largest markets for Di trimethylolpropane due to its strong chemical manufacturing sector coupled with the presence of large quantities of UV cure materials across different sectors such as plastics & rubber goods, paper & board, and textiles which require epoxy resins.
Latin America: Brazil emerged as a major consumer of di trimethylolpropane owing to its expanding chemical manufacturing industries such as fertilizer and petrochemical which require UV Cure Resin to protect their products from discolorations or contamination levels.
Europe: Russia was among the fastest-growing countries with the high demand for di trimethylolpropane due to recent economic upsurge coupled with an increase in consumption of various industrial chemicals that are produced using this product like epoxy resins used in the construction industry, adhesives found all over the automobile sector and UV cure resin utilized across the logistics industry.
The growth of the global di trimethylolpropane market is fuelled by factors such as an increase in demand for UV Cure Resin, Epoxy Resin, and Polyurethane (Polyurethane) which are used in the construction industry. The increased production of oil wells drilling fluids due to high economic activities also led towards a surge in consumption of the Di Trimethylolpropane Market globally. There is an increasing need for additives with anti-oxidant properties that reduce wear on machinery parts, extending their lifespans. This has resulted in higher demand for Lubricants Additives worldwide. Moreover, a rise in the adoption rate of petrochemical industries across geographies will have a positive impact on the global di trimethylolpropane market over the forecast period.
Up Market Research published a new report titled “Di trimethylolpropane Market research report which is segmented by Types (98% Purity, 99% Purity), By Applications (UV Cure Resin, Epoxy Resin, Polyurethan, Lubricant, Additives, Others), By Players/Companies LANXESS, Mitsubishi Gas Chemical, Perstorp, Wanhua, Jiangsu Baichuan, Jiangsu Kailin Ruiyang Chemical”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Di trimethylolpropane Market Research Report |
By Type | 98% Purity, 99% Purity |
By Application | UV Cure Resin, Epoxy Resin, Polyurethan, Lubricant, Additives, Others |
By Companies | LANXESS, Mitsubishi Gas Chemical, Perstorp, Wanhua, Jiangsu Baichuan, Jiangsu Kailin Ruiyang Chemical |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 234 |
Number of Tables & Figures | 164 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type 98% Purity, 99% Purity and By Application UV Cure Resin, Epoxy Resin, Polyurethan, Lubricant, Additives, Others.
Some of the companies that are profiled in this report are:
Di trimethylolpropane Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Di trimethylolpropane Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
Reasons to Purchase the Di trimethylolpropane Market Report:
Some other reports from this category!