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Trimethylolethane is a colorless organic, non-toxic compound, with a chemical structure of 3 main hydroxyl groups in compact neopentyl structure. Trimethylolethane is majorly used in production of stabilizers for plastics, polyester resins, powder coating resins, and synthetic lubricants based on polyol esters. Nitration of trimethylolethane forms trimethylolethane nitrate, which is used as a liquid explosive, similar to nitroglycerin. Production of trimethylolethane is a two-step process, which starts with the condensation of propionaldehyde with formaldehyde. Thereafter, Cannizaro’s reaction is followed to produce trimethylolethane along with excess formaldehyde, which is removed with the distillation process under high pressure. Due to its anti-corrosive property, better abrasion resistance, and reduced discoloration, trimethylolethane finds major application in architectural coating, powder coatings, and coating in the maritime industry, which accounts for the largest share among other uses.

Market Outlook

Global trimethylolethane market size is projected to expand significantly during the forecast period (2019-2027), owing to growing use of trimethylolethane in various industries. Increasing use of trimethylolethane in coating industry is expected to demand for trimethylolethane thereby drive the market growth. Trimethylolethane possesses corrosion resistance, abrasion resistance properties, which is why it finds applications in powder coating, architectural coating, and coating in maritime industry. Increasing use of trimethylolethane in these industries is expected to propel growth of the market during the forecast period. Furthermore, trimethylolethane is used for production of oil-free polyester resins. These polyester resins possess excellent retention property and when they are siliconized offer weather and heat resistance. Increasing demand for polyester resins from various industries around the world is expected to boost the market growth in the near future. Moreover, trimethylolethane used in production of lubricants, which are based on polyol esters. Increasing demand for lubricants from end-use industries is expected to drive the market growth.

Significant growth of coating industry across the globe poses excellent opportunities for market players in the global trimethylolethane market during the forecast period.

Market Regional Analysis

Asia Pacific is projected to account for the largest market share in the global trimethylolethane market during the forecast period. This is owing to increasing demand for trimethylolethane from coatings segment in emerging economies such as China. Furthermore, Europe is expected to witness significant market growth during the forecast period, owing to growing use of trimethylolethane in coating industry in the region. Rest of the World (ROW) is expected to witness moderate growth during the forecast period.

Market Players

Key players operating in the global trimethylolethane market are Mitsubishi Gas Chemical Company, Inc., GEO Specialty Chemicals, Inc., LANXESS, DowDuPont, and Copperhead Chemical.

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Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


Data Triangulation Methodology | Coherent Market Insights

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

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  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
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Market Analysis | Coherent Market Insights

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

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Data Processing

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Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
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  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

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