Piperylene or 1, 3 - Pentadiene is a base raw material for chemical industry with formula C5H8 and molecular weight 68.12. It is obtained as a derivative of ethylene from crude oil, waste incineration, exhaust gases, and combustion of biomass.
Piperylene is used as a monomer in manufacturing adhesives, resins, and plastics, attributing to properties such as lightweight, toughness, high mechanical strength, and resistance towards radiation and corrosion. Increasing use of lightweight components in aerospace and automotive industry is expected to fuel the growth of the piperylene market over the forecast period.
Major players operating in the global piperylene market include, Shell Chemicals, LOTTE Chemical Corporation, Chevron Phillips Chemical Company, ZEON Corporation, The Dow Chemical Company, LyondellBasell Industries N.V., Eastman Chemical Company, Shanghai Shangyi Chemical Technology Co., Ltd., and Nova Chemicals.
Major players operating in automotive, aerospace, and construction industry are cooperating with piperylene manufacturers. The cooperation is focused on reducing maintenance costs by adopting piperylene-based coatings, which offer enhanced protection for a long duration.
Piperylene Market Taxonomy
On the basis of application, the global piperylene market is segmented into:
On the basis of region, the global piperylene market is segmented into:
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