© 2016 Global Market Insights, Inc. USA. All Rights Reserved Triacetin Market Share and Forecast Triacetin Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Global Market Scenario of Triacetin The Triacetin Market size may significantly grow in the forecasted timespan. Pharmaceutical and food sector are the major drivers to the global triacetin market. The United States Food and Drug Administration (FDA) has permitted the use of triacetin in the food industry as food additive. The value-added features such as durability, reliability, brightness, low radiated heat led to rising adoption of LED products initiating a positive shift in the market. Triacetin’s demand is sure to increase due to the rising use of nail polish in the beauty and cosmetic industry. The demand for the product is likely to be affected due to the raw material price variation / unstable costs

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Product Analysis:- Triacetin, is also known as triglyceride and glycerin triacetate. It is a chemical compound made artificially and commonly used in food additive, fuel additive and in manufacturing of capsules and tablets. Triacetin is produced in a batch-wise contained reaction of glycerol, acetic anhydride and acetic acid. The These raw materials include Ethly Acetate, Glycerol, Amyl Acetate, Acetic Acid Glacial and Dehydrolyzing Agent. Regional Trends:- In the Middle East and Latin America, market dynamics are fortunate and favorable for triacetin’s market growth. Europe and North America have numerous large scale food and pharmaceutical manufacturers. Asia Pacific is a probable growing area for triacetin market in the coming few years. Brazil, India and China are the developing countries with rising population, disposable income and purchasing power which will increase the use of Triacetin.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Competitor Analysis:- The triacetin market has turned out to be very competitive internationally. Some of the significant companies that are functioning in this market globally are mainly Eastman Chemical Company, Croda International Plc, Daicel Corporation, BASF SE, Lanxess, Jiangsu Lemon, Wuxi Kailai Biotechnology, Jiangsu Ruijia Chemistry, Yixing Kaixin Chemical, Jiangsu Licheng Chemica and others. Some companies such as Daicel sell their products under fragrance and flavors applications while other companies such as BASE SE sell under brand name.

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