Piperylene Market to grow by USD 445.64 million from 2022 to 2027, Braskem SA, Chevron Corp., China Petrochemical Corp., and more among key companies- Technavio

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Oct 13, 2023, 03:15 ET

NEW YORK, Oct. 13, 2023 /PRNewswire/ -- The piperylene market is expected to grow by USD 445.64 million from 2022 to 2027. In addition, the growth momentum of the market will progress at a CAGR of 5.24% during the forecast period, according to Technavio. Growing demand for piperylene-based adhesives is notably driving the piperylene market. However, factors such as increasing pollution and degradability issues related to plastic may impede market growth. The market is segmented by application (adhesives, plastics, and others), product (less than 40 percent purity, 40-65 percent purity, and more than 65 percent purity), and geography (APAC, Europe, North America, Middle East and Africa, and South America). We provide a detailed analysis of 20 companies operating in the piperylene market including Braskem SA, Chevron Corp., China Petrochemical Corp., Dow Chemical Co., 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. This report provides a full list of key companies, their strategies, and the latest developments. Buy Now for detailed company information

Technavio has announced its latest market research report titled Global Piperylene Market 2023-2027

Piperylene Market 2023-2027: Company Analysis

Braskem SA - The company offers piperylene used as a raw material to produce hydrocarbon resins with applications in various industries, such as adhesives, and paints.

The report offers an up-to-date analysis of the market, and to know the exact growth variance and the Y-O-Y growth rate, Request a FREE Sample Report.

Piperylene Market 2023-2027: Segmentation

Application

The adhesives segment is estimated to witness significant growth during the forecast period. It is also projected that demand for phenylene-based adhesives will rise in the industry. The use of phenylene diacrylates in a wide range of end-use sectors such as automotive, construction, consumer goods, and electronic components is widespread. Hence, the growth in the piperylene market is expected to be fueled by increasing demand from these industries for adhesives during the forecast period.

adhesives, plastics, and others

Geography

APAC is estimated to contribute 58% to the growth of the global market during the forecast period. In the consumer goods sector, infrastructure development, and construction projects, the presence of large populations leads to demand for plastic. Furthermore, the growth of the region is expected to be driven by increasing demand for piperylene from end-user industries such as motor vehicles and packaging.

Europe, North America, Middle East and Africa, and South America

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View FREE PDF Sample Report

Piperylene Market 2023-2027: Key Highlights

Historic Market Size 2017-2021
CAGR of the market during 2023-2027
Detailed information on factors that will assist piperylene market growth during the next five years
Estimation of the piperylene market size and its contribution to the parent market
Forecasts on upcoming trends and changes in consumer behavior
The growth of the piperylene market
Analysis of the competitive landscape and detailed information on companies
Comprehensive details of factors that will impede the growth of piperylene market companies

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Table of Contents

Executive Summary

Market Landscape

Market Sizing

Historic Market Sizes

Five Forces Analysis

Market Segmentation by Application

Market Segmentation by Product

Market Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers, Challenges, & Trends

Company Landscape

Company Analysis

Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE Technavio