Global Polythiols Market Research Report 2023(Status and Outlook)
Report Overview
Polythiols are compounds with several mercaptans functions. They can be used in different applications such as the preparation of adhesives and sealants or as chain transfer agents. Polythiols may also be used as corrosion inhibitors or in cosmetics.
Due to the high technology requirements for the production of polythiol, there are currently limited companies in the market, the market concentration is high. In 2019, the revenue share of top 3 players was 86%. Gabriel is the global leader in polythiol market, with production value share reached to 62.28% in 2019. Other leading players include Toray, Arkema, Efirm. As more companies enter this market in the future, corporate competition will intensify.
North America and Japan are major producing area of Polythiols. In 2019, North America produce 7931 MT of Polythiols, with Gabriel as the sole player. Due to its good presence in low temperature applications, the market in Asian countries especially China is developing fast. In terms of consumption, the market share in Asia Pacific is estimated to increase from 35.21% in 2015 to 37.22% in 2020.
The Global Polythiols Market Size was estimated at USD 160.70 million in 2022 and is projected to reach USD 210.05 million by 2029, exhibiting a CAGR of 3.90% during the forecast period.
Bosson Research’s latest report provides a deep insight into the global Polythiols market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Polythiols Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Polythiols market in any manner.
Global Polythiols Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Gabriel
Toray
Arkema
Efirm
Market Segmentation (by Type)
General Type Polythiols
Pre-catalyzed Polythiols
Market Segmentation (by Application)
Diagnosis
Monitoring
Others
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Polythiols Market
Overview of the regional outlook of the Polythiols Market:
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