The global Polythiols market was valued at 174.08 Million USD in 2021 and will grow with a CAGR of 3.96% from 2021 to 2027, based on newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
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.
By Market Verdors:
General Type Polythiols
Electrical & Electronics
Adhesives & Sealants
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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