Global Piperylene Market 2024-2028
Global Piperylene Market 2024-2028
The piperylene market is forecasted to grow by USD 499.9 mn during 2023-2028, accelerating at a CAGR of 5.56% during the forecast period. The report on the piperylene market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for piperylene-based adhesives, rising expansion of rubber industry, and increasing demand for epoxy hardeners.
Technavio's piperylene market is segmented as below:
By Application
By Product
- Less than 40% purity
- 40-65% purity
- More than 65% purity
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
This study identifies the growing demand for piperylene from emerging economies as one of the prime reasons driving the piperylene market growth during the next few years. Also, growing demand for pressure-sensitive adhesives and increasing vendor initiatives to ensure sustainability in operations will lead to sizable demand in the market.
The report on the piperylene market covers the following areas:
- Piperylene market sizing
- Piperylene market forecast
- Piperylene market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading piperylene market vendors that include Braskem SA, Chevron Corp., China Petrochemical Corp., Dow Inc., Exxon Mobil Corp., Hanwha Corp., Kai Yen International Trading Corp., Lotte Corp., LyondellBasell Industries N.V., Mitsui and Co. Ltd., NOVA Chemicals Corp., Shandong Yuhuang Chemical Group Co. Ltd., Zeon Corp., and Zibo Luhua Hongjin New Material Group Co. Ltd.. Also, the piperylene market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.