Trimethylolpropane Triacrylate Market - Size, Share, Outlook, and Opportunity Analysis, 2018-2026

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Trimethylolpropane Triacrylate Market - Size, Share, Outlook, and Opportunity Analysis, 2018-2026

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Title: Trimethylolpropane Triacrylate Market - Size, Share, Outlook, and Opportunity Analysis, 2018-2026


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Trimethylolpropane Triacrylate Market- Global
Industry Insight, Trends, Outlook, and
Opportunity Analysis 2017-2025

2
REPORT DESCRIPTION
Trimethylolpropane Triacrylate Market Overview
Trimethylolpropane triacylate, also known as
TMPTA, is a colorless or pale yellow transparent
liquid, soluble in aromatic hydrocarbon organic
solvents and low carbon alcohol. It is used to
manufacture inks, adhesives, and coatings. TMPTA
can be found in various products such as
automobile headlamps, hardwood floors, compact
discs, and UV-curable lithographic inks among
others. Drivers and Restraints Increasing
demand for trimethylolpropane triacrylate, owing
to its advantageous properties as fast curing
agent with good chemical resistance and hardness
is expected to propel growth of the market.
Furthermore, growing demand for
trimethylolpropane triacrylate in coatings and
varnishes as it is cost effective, is also
fueling growth of the trimethylolpropane
triacrylate market. According to Coherent Market
Insights (CMI), the global paints and coatings
market was valued at US 137.25 billion and
46,686.09 kilo tons in 2016, and is expected to
exhibit a CAGR of 5.6 in terms of revenue during
the forecast period (2018 2025). However,
exposure to trimethylolpropane triacrylate may
cause irritation to eyes and skin and the
classification of trimethylolpropane triacrylate
is regulated by European Union under Regulation
(EC) No. 1272/2008, is expected to hinder growth
of the trimethylolpropane triacrylate market.
3
REPORT DESCRIPTION
  • Trimethylolpropane Triacrylate Market Taxonomy
  • On the basis of application, the
    trimethylolpropane triacrylate market is
    segmented into
  • Adhesives Sealants
  • Plastic
  • Ink
  • Paints Coatings
  • Others
  • On the basis of region, the trimethylolpropane
    triacrylate market is segmented into
  • North America
  • U.S.
  • Canada
  • Europe
  • U.K.
  • Request sample Copy of this Reporthttps//www.coh
    erentmarketinsights.com/insight/request-sample/184
    9


4
REPORT DESCRIPTION
Market Outlook North America accounted for a
significant share in the global
trimethylolpropane triacrylate market in terms of
value in 2016 and is expected to retain its
dominant position over the forecast period. This
is attributed to increasing demand for paints and
coatings, owing to technological advancements in
the production of paints and coatings in North
America. For instance, PPGs two electrocoat
(e-coat) technologies, ENVIRO-PRIME EPIC
automotive electrocoat (e-coat) featuring a
patented organic catalyst and AEROCRON 2100
aerospace electrocoat primer. Asia Pacific is
expected to be the fastest-growing region in the
global trimethylolpropane triacrylate market over
the forecast period, owing to increasing plastic
consumption in this region. Increasing income
levels leading to increasing consumption of
plastic products. According to India Brand Equity
Foundation (IBEF), the per capita consumption of
plastics in India accounted for around 4
kilograms per year. China and the U.S. recorded
an average per capita consumption of 17 kg and
120 kg, respectively. To Get Discount on this
Report https//www.coherentmarketinsights.com/ins
ight/request-discount/1849
5
ABOUT COHERENT MARKET INSIGHTS
ABOUT US
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ABOUT COHERENT MARKET INSIGHTS
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ABOUT COHERENT MARKET INSIGHTS
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