The neopentyl glycol diisostearate market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market to reach the USD 3,765.1 million by 2029 and grow at a CAGR of 4.2% in the above-mentioned forecast period.
The neopentyl glycol diisostearate is an emollient used in skin care products for its properties as a skin conditioning and viscosity increasing agent. It has various applications such as coatings, automotive, construction, furniture and footwear, plasticizers and adhesives, electronic and other.
The factors such as increasing industrialization and urbanization especially in developing nations, stringent government regulations concerning VOC emissions and rise in demand for fabric softeners, plasticizers, pesticides and pharmaceuticals are the significant factors that are estimated to bolster market’s growth. Additionally, the high resistance to oxidation, non-polar chemical nature, increasing demand from automotive, transportation and building and construction sectors and expansion of paints and oil coatings will further carve the way for the growth of market.
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Some of the major players operating in the neopentyl glycol diisostearate market report are BASF SE, Eastman Chemical Company, LG Chem, MITSUBISHI GAS CHEMICAL COMPANY, INC., OQ Chemicals GmbH, Perstorp, Wanhua, Celanese Corporation, Polioli S.p.A., Oleon NV., shenjiang, NYU Tandon, AKEE GROUP, Guanhua Chemical, KNAGTEWEIYE, Xinhua Pharm, Jinan IFT Science & Technology, Zouping Fenlian Biotech Co.,Ltd, and Eastar Holding Group Company Limited among others.
Scope of the Neopentyl Glycol Diisostearate Market Report:
The neopentyl glycol diisostearate market is segmented on the basis of type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of type, the neopentyl glycol diisostearate market is segmented into flake, molten and slurry.
- On the basis of application, the neopentyl glycol diisostearate market is segmented into coatings, automotive, construction, furniture and footwear, plasticizers and adhesives, electronic and other.
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Neopentyl Glycol Diisostearate Market Regional Analysis/Insights
The Neopentyl Glycol Diisostearate market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.
The countries covered in the Neopentyl Glycol Diisostearate market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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