Demand for Alkyd Paints will help Global Pentaerythritol Market to Grow at a CAGR of 6.8%

Pentaerythritol is an organic compound extensively used in the production of alkyd-based products, plasticizers, radiation cure coatings, lubricants, and others. Due to its wide usage across various industries, the global pentaerythritol market is forecast to grow at a positive CAGR of 6.8% between 2012 and 2018, and reach a valuation of US$1.59 billion by 2018. In 2011, the global consumption of pentaerythritol was 485.9 kilo tons. The rise in the demand for pentaerythritol during the forecast period will increase the global consumption to 692.9 kilo tons in 2018.

Demand for Alkyd Paints will help Global Pentaerythritol Market to Grow at a CAGR of 6.8%

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