Thioester is basically a chemical compound which possess many potential attributes like high solubility and higher degree of antioxidant properties that help in the protection of synthetic fiber, rubber, petroleum and plastic products. The market for thioester is advancing at a greater pace due to its varied applications. For studying the overall market share for thioester at the global level an intelligent research report titled "Thioesters Market: Growing Demand for Rubber Processing Chemicals Creating Significant Demand for Thioesters: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028", has been included to the broad database of Market Research Reports Search Engine (MRRSE). This analysis tries to highlight the growth trends which are motivating the target market in the coming years. Furthermore, the global market for thioester is assessed based on market dynamics and market size during the stated forecast period.
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According to research reports, the global sales revenue for thioester is likely to reach a mark of US$ 102.9Mn by the end of 2018. At this pace, the global market for thioester is projected to rise at a CAGR of 4.6% during the period 2018-2028. It has been noted that increasing usage of plastic products across the automotive industry, primarily for weight reduction and to fulfill emission standard is likely to steer the demand for various additives like antioxidants, flame retardant and heat stabilizers. Hence, this aspect will surely push the demand for thioester. In addition, there is a considerable demand produced from the fuel and lubricants industry as a result of increasing demand for high performing lubricants needed for high performing engines and machines.
The research report starts with the executive summary followed by market introduction including market taxonomy and definition. Later on, this section includes data associated to macro-economic factors and global economic outlook. The global market for thioesters is segmented based on material type, region and application. On the basis of material type, the concerned market is split into DTTDP, DLTDP and DSTSP thioester type. Further, based on application, the global market is bifurcated into rubber processing, fuel, food & feed, plastic processing & lubricants additive and others.
Geographically, the prime regions studied in the report includes Latin America, North America, Eastern Europe, Western Europe, MEA, Japan, India, South East Asia (SEA), China and Other APAC. Overall, this research report is a useful data source for new investors to plan their future ventures in the global thioesters market.
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