Triacetin (Tobacco, Food, Industrial) Market – Global Forecast to 2022 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The "Triacetin
Market by Grade (Tobacco, Food, Industrial), Product Type (Plasticizer,
Solvent, Humectant), End Use Industry (Tobacco, Food & Beverage,
Pharmaceutical, Cosmetic, Chemical), and Region – Global Forecast to
2022" report has been added to ResearchAndMarkets.com's
offering.

The triacetin market is projected to grow from 245.6 million in 2017 to
USD 309.9 million by 2022, at a CAGR of 4.8% during the forecast period.

There is an increasing demand for triacetin (tobacco grade) from the
tobacco industry owing to the growth in consumption of cigarettes across
the globe. Demand from the food & beverage, pharmaceutical, and cosmetic
industries has also contributed to the growth of the triacetin market.
However, stringent regulations and international quality standards for
triacetin across the globe act as a restraint to the growth of the
triacetin market.

On the basis of grade, the triacetin market has been segmented into
tobacco, food, and industrial. The tobacco grade segment of the
triacetin market is projected to grow at the highest CAGR during the
forecast period. The growth of this segment is attributed to the
increased consumption of cigarettes across the globe, especially in the
Asia Pacific region.

In terms of value, the Asia Pacific region is the largest market for
triacetin, globally. The Asia Pacific triacetin market is projected to
grow at the highest CAGR during the forecast period, in terms of value.
The Asia Pacific market for triacetin has been studied for economies
such as China, Japan, India, South Korea, Australia, and Rest of Asia
Pacific. Increasing population and rise in the purchasing power of
consumers have led to an increase in demand for cosmetics products in
the Asia Pacific region.

Eastman Chemical Company (US), LANXESS AG (Germany), BASF SE (Germany),
Polynt Group (Italy), and Daicel Corporation (Japan) are some of the
leading companies operating in the triacetin market.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Triacetin Market, By Grade

7 Triacetin Market, By Product Type

8 Triacetin Market, By End-Use Industry

9 Triacetin Market, By Region

10 Competitive Landscape

11 Company Profiles

• Alfa Aesar
• Atanor S.C.A.
• BASF SE
• Daicel Corporation
• Eastman Chemical Company
• Hefei Tnj Chemical Industry Co., Ltd.
• Jiangsu Ruichen Chemical Co., Ltd.
• KLK OLEO
• Lanxess AG
• Lemon-Flex Company Limited China
• Mosselman S.A.
• Polynt Group
• Reactchem Co., Ltd.
• Sisco Research Laboratories Pvt. Ltd. (SRL)
• Spectrum Chemical Mfg. Corp.
• Yixing Kaixin Chemical Co., Ltd.
• Zhonglan Industry Co., Ltd.

For more information about this report visit https://www.researchandmarkets.com/research/lxpdx7/triacetin?w=4

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Related
Topics: Fragrance,
Flavor and Aroma Chemicals, Solvents
, Essential
Oils