Polyethylene Adipate Market to Rear Excessive Growth During 2026
Polyethylene
adipate (also known as PEA) is an aliphatic polyester formed by the
reaction of adipic acid and ethylene glycol. It is an amorphous
material, which forms monoclinic crystals. It is primarily used as a
raw material or pre-polymer for polyurethane. Polyethylene adipate is
often blended with other polyesters to form soft segments. Alternate
chemical name for polyethylene adipate is
poly(oxyethylene-oxyhexane-dioyl) and poly(oxyethylene-oxyadipoyl).
It is soluble in organic solvents such as benzene and
tetrahydrofuran.
Read
Report Overview @
Polyethylene
Adipate Market Trends
Polyurethane
production is the major factor affecting the market scenario for
polyethylene adipate. Polyurethane is used in almost all industries
including furniture, construction, electronics, automotive, footwear,
and packaging. The global polyurethane market is dominated by
polyurethane foams. Coatings, adhesives and sealants, and elastomers
are among the other key types of polyurethane product segments.
Major
application areas of polyurethane include construction, packaging,
transport, consumer goods, infrastructure, renewable energy and waste
management system, health care and personal care, and agriculture &
food. Building & construction and transportation are the
prominent application segments of the polyurethane market. Shifting
preference toward sustainability is expected to accelerate the demand
for polyurethanes in the near future. Rise in demand for flexibility
and durability fuels the polyurethane market.
Polyurethane
is employed in various applications in construction and
infrastructure industries. Adhesives and sealants offer good adhesion
to various substrates such as wood, concrete, glass, and plastic.
Polyurethane foams insulate roofs, wall cavities, and floors in
residential housing. Polyurethane is employed in construction and
infrastructure industries in insulation of walls, roofs, flooring,
doors, windows, foundation and basements, structural elements, and
insulation of infrastructure such as road, railway, district heating
& cooling, sports complexes, etc. Polyurethane plays a key role
in creating energy-saving solutions and reducing emission of
greenhouse gases. Therefore, demand for polyurethane has been
increasing. This, in turn, is also expected to provide major boost to
the polyethylene adipate market during the forecast period.
Key
manufacturers of polyurethane comprise Covestro AG, BASF SE,
DowDuPont, Huntsman Corporation, Tosoh Corporation, RTP Company,
LANXESS (Chemtura), and Mitsui Chemicals Inc. Many of these
manufacturers focus on the production of rigid and flexible foams.
The outstanding compatibility of polyurethane makes it well-suited to
be mixed with numerous raw materials for a range of applications.
Automotive manufacturers use polyurethane to improve quality, safety,
and cost-effectiveness of modern vehicles.
Polyethylene
Adipate Market: Region-wise Outlook
Based
on geography, the global polyethylene adipate market can be segmented
into North America, Latin America, Europe, Asia Pacific, and Middle
East & Africa. Polyethylene adipate is primarily employed in the
manufacture of polyurethane. Asia Pacific dominated the global
polyethylene adipate market in 2017. In terms of demand, China alone
accounts for more than 50% share of the polyethylene adipate market
in the region. Countries such as China, Taiwan, South Korea, and
Japan are the leading consumers of polyethylene adipate in the
regional market.
Europe
is also a lucrative region of the polyethylene adipate market, as it
is one the leading producers of polyurethane. Countries such as
Germany, Italy, the Netherlands, Belgium, and Spain are the leading
consumers of polyethylene adipate in the region.
In
terms of demand, the U.S. dominates the polyethylene adipate market
in North America with more than two-third share. Europe and North
America have strong and developed automotive and refrigeration
industries. Thus, demand for polyurethane is anticipated to increase
in these regions during the forecast period. This, in turn, is
estimated to boost the demand for polyethylene adipate.
Request
to view Sample Report:
Polyethylene
Adipate Market: Key Players
Key
players operating in the polyethylene adipate market include Alfa
Aesar, Songwon, and Sigma-Aldrich.
About
Us
Transparency
Market Research (TMR) is a global market intelligence company
providing business information reports and services. The company’s
exclusive blend of quantitative forecasting and trend analysis
provides forward-looking insight for thousands of decision makers.
TMR’s experienced team of analysts, researchers, and consultants
use proprietary data sources and various tools and techniques to
gather and analyze information.
TMR’s
data repository is continuously updated and revised by a team of
research experts so that it always reflects the latest trends and
information. With extensive research and analysis capabilities,
Transparency Market Research employs rigorous primary and secondary
research techniques to develop distinctive data sets and research
material for business reports.
Contact
Transparency
Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel:
+1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
Comments
Post a Comment