Market Highlights: Triacetin, also known as glyceryl triacetate has been used as excipient in production tablets & capsules in the pharmaceutical industry. It is mainly used as a humectant, plasticizer, as well as solvent. In United States, The Food and Drug Administration (FDA) has permitted its use as food additive in the food industry. It is widely used as solvent for flavoring various food products. Furthermore, Triacetin is used as a plasticizer for ethyl cellulose, cellulose acetate, and nitrocellulose. It is also used in the perfume & cosmetic industries. Growing demand from various endues industries is driving the growth of global triacetin market over the forecasted period. The market study is being classified by Type (Plasticizer, Solvent, Humectant and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Triacetin are Eastman Chemical Company (United States), LANXESS (Germany), BASF SE (Germany), Polynt Group (Italy), Daicel Corporation (Japan), Jiangsu Ruijia Chemistry Limited Company (China), Lemon-flex Company Limited China (China), Yixing Tianyuan Chemical Co.,Ltd. (China), Atanor S.A. (Argentina) and Yixing YongJia Chemical Co.,Ltd. (China).
Key Questions Answered in the Report What will the Triacetin Market size and the growth rate be in Future? What are the key factors driving the Triacetin Market? What are the key market trends and macro-economic impacting the growth of the Triacetin Market? What are the challenges to market growth? Who are the key vendors in the Triacetin Market? What are the market opportunities and threats faced by the vendors in the Triacetin Market? Trending factors influencing the market shares of the Vendors. What are the key outcomes of the five forces analysis of the Triacetin Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Triacetin market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Triacetin market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Triacetin Manufacturers, Triacetin Distributors, Dealers and Suppliers, Raw Material Suppliers, Regulatory organizations, Chemical Industry, Food Industry, Pharmaceutical Industry, Government and Research Organizations, Industry Associations and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.