Piperylene Market Demand, Opportunities, Research, Suppliers & Future Prospects

 

Piperylene Market Overview:

The Piperylene Market was valued at USD 744.88 Million in 2023 and is projected to reach USD 1,155.17 Million by 2031, growing at a CAGR of 5.6%. Piperylene, also known as 1, 3-pentadiene, is a colourless liquid with a pungent odor. It is primarily extracted from the C5 fraction of naphtha cracking, a by-product of ethylene production.

Piperylene, a versatile organic compound derived from crude oil, is witnessing a steady rise in demand across various industries. Its unique properties make it a valuable ingredient in the production of plastics, resins, adhesives, and paints. This report delves into the Piperylene market, exploring its key drivers, restraints, opportunities, and recent developments. We also analyse the market segmentation and identify prominent players shaping the landscape.

Piperylene Market Drivers:

Surging demand for adhesives: Piperylene-based resins exhibit excellent hot-melt and pressure-sensitive properties, making them ideal for adhesives used in packaging, construction, and automotive industries.

Expanding construction sector: The booming construction industry, particularly in developing economies, fuels the demand for Piperylene in paints and coatings.

Growing awareness of sustainability: Piperylene can be derived from renewable sources like biomass, attracting environmentally conscious consumers and manufacturers.

Piperylene Market Key Players:

Shell Chemicals

China Petrochemical Corporation

Sunny Industrial System GmbH

LyondellBasell Industries N.V.

Mitsui & Co.

Shandong Yuhuang Chemical

LOTTE Chemical

Braschem

Henghe (Nanjing) Materials & Science Technology Co. Ltd.

Zibo Luhua Hongjin New Material Group Co. Ltd

Piperylene Market Segmentation:

By Type: Below 40% Purity, 40%-65% Purity, and Above 65% Purity

By Application: Synthetic Rubber, Adhesives & Sealants, Resins & Coatings, Plastic Modifiers, and Others

By End-user Industry: Automotive, Construction, Packaging, Aerospace & Marine, Consumer Goods, and Others

By Region: North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Contact us:

Consegic Business intelligence Pvt Ltd.

Contact no: (US) (505) 715-4344

Email: sales@consegicbusinessintelligence.com

 

 

Comments

Post a Comment

Popular posts from this blog

Prepaid Card Market See Incredible Growth 2024-2030 with Scope, Value, Size, Share Trends Analysis

  Prepaid Card Market Overview: The Prepaid Card Market was USD 2,109.27 Billion in 2022 It is projected to reach USD 6,796.33 Billion by 2030, indicating a CAGR of 16.0% during the forecast period. The demand for contactless payments is surging, driven by convenience, speed, and hygiene concerns. Prepaid cards, perfectly positioned at the forefront of this revolution, offer a secure and accessible alternative to traditional cash and debit cards. The e-commerce juggernaut continues its relentless march, and prepaid cards are its loyal companions. They provide a secure payment option for online shoppers, particularly those without traditional bank accounts, unlocking the vast potential of the digital marketplace. Drivers: Cashless Craze: Consumers are ditching cash for its speed, convenience, and hygiene benefits. Prepaid cards offer a secure, contactless alternative, fueling market growth. E-commerce Explosion: The online shopping boom demands secure payment solutions fo...
Read more

Autoclaved Aerated Concrete (AAC) Market 2023 Comprehensive Review: Aercon AAC, Biltech Building Elements Limited, HIL Limited

Image
  Autoclaved Aerated Concrete (AAC) Market Overview: The Autoclaved Aerated Concrete (AAC) market has experienced significant growth in recent years. The market size is expected to reach 15,299.40 Million dollars by 2030, with a CAGR of 6.2% during the forecast period. The demand for sustainable construction materials, coupled with the emphasis on energy efficiency and green building practices, has been driving the Autoclaved Aerated Concrete (AAC) Growth market. Market Definition: Autoclaved Aerated Concrete (AAC) is a revolutionary building material that has gained significant popularity in the construction industry. With its unique combination of lightweight, strength, and thermal insulation properties, AAC offers numerous advantages over traditional concrete and other construction materials. Market Drivers: There is a growing awareness for sustainable construction materials that reduce the environmental impact of buildings. AAC, with its eco-friendly properties and...
Read more

Liquid Packaging Carton Market Set to Surpass US$ 37.3 Billion by 2031, Fueled by a Robust CAGR

  Liquid Packaging Carton Market Overview: The liquid packaging carton market refers to the global industry involved in the manufacturing, distribution, and sale of cartons specifically designed for holding liquid products. These cartons are typically made from multi-layered paperboard, often with plastic or aluminium barriers for protection and shelf life. This market has witnessed steady growth in recent years, reaching an estimated value of USD 21,012.42 million in 2023 and projected to reach USD 31,327.76 million by 2031, at a CAGR of 5.1%. Liquid Packaging Carton Market Segmentation: By Material Type: Uncoated Paperboard, LDPE Coated, Aluminium, and Others By Carton Type: Brick Liquid Cartons, Shaped Liquid Cartons, and Gable Top Cartons By Application: Dairy Products, Non-Carbonated Soft Drinks, Alcoholic Drinks, and Others By Region: North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa Liquid Packaging Carton Market Key Players: E...
Read more