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Global Triacetin Market Growth 2019-2024


The Triacetin 1,2,3-triacetoxypropane is more generally known as triacetin and glycerin triacetate. It is the triester of glycerol and acetic acid, and is the second simplest fat after triformin. Triacetin is readily soluble in aromatic hydrocarbons and most organic solvents. It is insoluble in aliphatic hydrocarbons, mineral oils, and vegetable and animal oils. Solubility in water is low.
The global Triacetin industry has a rather high concentration. The major manufacturers are concentrated in China, North America, Europe and Japan, such as Eastman, Lanxess, BASF, Daicel and Jiangsu Ruijia. At present, Jiangsu Ruijia is the world leader, holding 23.63% production market share in 2016.
Triacetin downstream is wide and recently Triacetin has acquired increasing significance in various fields of Tobacco, Food, Foundry and others. Globally, the Triacetin market is mainly driven by growing demand for Tobbacco. Tobacco accounts for nearly 60.94% of total downstream consumption of Triacetin in global.
Triacetin can be mainly divided into Tobacco Grade, Industrial Grade and Food Grade which Tobacco Grade captures about 62.21% of Triacetin market in 2016. According to our research and analysis, manufacturers from China are the major leaders in the international market of Triacetin.

According to this study, over the next five years the Triacetin market will register a 6.7% CAGR in terms of revenue, the global market size will reach US$ 440 million by 2024, from US$ 300 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Triacetin business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Triacetin market by product type, application, key manufacturers and key regions and countries.

This study considers the Triacetin value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Tobacco Grade
Industrial Grade
Food Grade
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
United States
Southeast Asia
Middle East & Africa
South Africa
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Jiangsu Ruijia
Jiangsu Lemon
Yunnan Huanteng
Yixing Tianyuan
Xinxiang Huayang
Jiangsu Licheng
Yixing YongJia Chemical

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Triacetin consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Triacetin market by identifying its various subsegments.
Focuses on the key global Triacetin manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Triacetin with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Triacetin submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Table of Contents

Table of Contents

2019-2024 Global Triacetin Consumption Market Report

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Triacetin Consumption 2014-2024
2.1.2 Triacetin Consumption CAGR by Region
2.2 Triacetin Segment by Type
2.2.1 Tobacco Grade
2.2.2 Industrial Grade
2.2.3 Food Grade
2.2.4 Others
2.3 Triacetin Consumption by Type
2.3.1 Global Triacetin Consumption Market Share by Type (2014-2019)
2.3.2 Global Triacetin Revenue and Market Share by Type (2014-2019)
2.3.3 Global Triacetin Sale Price by Type (2014-2019)
2.4 Triacetin Segment by Application
2.4.1 Tobacco
2.4.2 Food
2.4.3 Foundry
2.4.4 Others
2.5 Triacetin Consumption by Application
2.5.1 Global Triacetin Consumption Market Share by Application (2014-2019)
2.5.2 Global Triacetin Value and Market Share by Application (2014-2019)
2.5.3 Global Triacetin Sale Price by Application (2014-2019)

3 Global Triacetin by Players
3.1 Global Triacetin Sales Market Share by Players
3.1.1 Global Triacetin Sales by Players (2017-2019)
3.1.2 Global Triacetin Sales Market Share by Players (2017-2019)
3.2 Global Triacetin Revenue Market Share by Players
3.2.1 Global Triacetin Revenue by Players (2017-2019)
3.2.2 Global Triacetin Revenue Market Share by Players (2017-2019)
3.3 Global Triacetin Sale Price by Players
3.4 Global Triacetin Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global Triacetin Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players Triacetin Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion

4 Triacetin by Regions
4.1 Triacetin by Regions
4.1.1 Global Triacetin Consumption by Regions
4.1.2 Global Triacetin Value by Regions
4.2 Americas Triacetin Consumption Growth
4.3 APAC Triacetin Consumption Growth
4.4 Europe Triacetin Consumption Growth
4.5 Middle East & Africa Triacetin Consumption Growth

5 Americas
5.1 Americas Triacetin Consumption by Countries
5.1.1 Americas Triacetin Consumption by Countries (2014-2019)
5.1.2 Americas Triacetin Value by Countries (2014-2019)
5.2 Americas Triacetin Consumption by Type
5.3 Americas Triacetin Consumption by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries

6.1 APAC Triacetin Consumption by Countries
6.1.1 APAC Triacetin Consumption by Countries (2014-2019)
6.1.2 APAC Triacetin Value by Countries (2014-2019)
6.2 APAC Triacetin Consumption by Type
6.3 APAC Triacetin Consumption by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries

7 Europe
7.1 Europe Triacetin by Countries
7.1.1 Europe Triacetin Consumption by Countries (2014-2019)
7.1.2 Europe Triacetin Value by Countries (2014-2019)
7.2 Europe Triacetin Consumption by Type
7.3 Europe Triacetin Consumption by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries

8 Middle East & Africa
8.1 Middle East & Africa Triacetin by Countries
8.1.1 Middle East & Africa Triacetin Consumption by Countries (2014-2019)
8.1.2 Middle East & Africa Triacetin Value by Countries (2014-2019)
8.2 Middle East & Africa Triacetin Consumption by Type
8.3 Middle East & Africa Triacetin Consumption by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries

9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends

10 Marketing, Distributors and Customer
10.1 Sales Channel
10.1.1 Direct Channels
10.1.2 Indirect Channels
10.2 Triacetin Distributors
10.3 Triacetin Customer

11 Global Triacetin Market Forecast
11.1 Global Triacetin Consumption Forecast (2019-2024)
11.2 Global Triacetin Forecast by Regions
11.2.1 Global Triacetin Forecast by Regions (2019-2024)
11.2.2 Global Triacetin Value Forecast by Regions (2019-2024)
11.2.3 Americas Consumption Forecast
11.2.4 APAC Consumption Forecast
11.2.5 Europe Consumption Forecast
11.2.6 Middle East & Africa Consumption Forecast
11.3 Americas Forecast by Countries
11.3.1 United States Market Forecast
11.3.2 Canada Market Forecast
11.3.3 Mexico Market Forecast
11.3.4 Brazil Market Forecast
11.4 APAC Forecast by Countries
11.4.1 China Market Forecast
11.4.2 Japan Market Forecast
11.4.3 Korea Market Forecast
11.4.4 Southeast Asia Market Forecast
11.4.5 India Market Forecast
11.4.6 Australia Market Forecast
11.5 Europe Forecast by Countries
11.5.1 Germany Market Forecast
11.5.2 France Market Forecast
11.5.3 UK Market Forecast
11.5.4 Italy Market Forecast
11.5.5 Russia Market Forecast
11.5.6 Spain Market Forecast
11.6 Middle East & Africa Forecast by Countries
11.6.1 Egypt Market Forecast
11.6.2 South Africa Market Forecast
11.6.3 Israel Market Forecast
11.6.4 Turkey Market Forecast
11.6.5 GCC Countries Market Forecast
11.7 Global Triacetin Forecast by Type
11.8 Global Triacetin Forecast by Application

12 Key Players Analysis
12.1 Eastman
12.1.1 Company Details
12.1.2 Triacetin Product Offered
12.1.3 Eastman Triacetin Sales, Revenue, Price and Gross Margin (2017-2019)
12.1.4 Main Business Overview
12.1.5 Eastman News
12.2 Polynt
12.2.1 Company Details
12.2.2 Triacetin Product Offered
12.2.3 Polynt Triacetin Sales, Revenue, Price and Gross Margin (2017-2019)
12.2.4 Main Business Overview
12.2.5 Polynt News
12.3 Lanxess
12.3.1 Company Details
12.3.2 Triacetin Product Offered
12.3.3 Lanxess Triacetin Sales, Revenue, Price and Gross Margin (2017-2019)
12.3.4 Main Business Overview
12.3.5 Lanxess News
12.4 BASF
12.4.1 Company Details
12.4.2 Triacetin Product Offered
12.4.3 BASF Triacetin Sales, Revenue, Price and Gross Margin (2017-2019)
12.4.4 Main Business Overview
12.4.5 BASF News
12.5 Daicel
12.5.1 Company Details
12.5.2 Triacetin Product Offered
12.5.3 Daicel Triacetin Sales, Revenue, Price and Gross Margin (2017-2019)
12.5.4 Main Business Overview
12.5.5 Daicel News
12.6 Jiangsu Ruijia
12.6.1 Company Details
12.6.2 Triacetin Product Offered
12.6.3 Jiangsu Ruijia Triacetin Sales, Revenue, Price and Gross Margin (2017-2019)
12.6.4 Main Business Overview
12.6.5 Jiangsu Ruijia News
12.7 Jiangsu Lemon
12.7.1 Company Details
12.7.2 Triacetin Product Offered
12.7.3 Jiangsu Lemon Triacetin Sales, Revenue, Price and Gross Margin (2017-2019)
12.7.4 Main Business Overview
12.7.5 Jiangsu Lemon News
12.8 Yunnan Huanteng
12.8.1 Company Details
12.8.2 Triacetin Product Offered
12.8.3 Yunnan Huanteng Triacetin Sales, Revenue, Price and Gross Margin (2017-2019)
12.8.4 Main Business Overview
12.8.5 Yunnan Huanteng News
12.9 Yixing Tianyuan
12.9.1 Company Details
12.9.2 Triacetin Product Offered
12.9.3 Yixing Tianyuan Triacetin Sales, Revenue, Price and Gross Margin (2017-2019)
12.9.4 Main Business Overview
12.9.5 Yixing Tianyuan News
12.10 Xinxiang Huayang
12.10.1 Company Details
12.10.2 Triacetin Product Offered
12.10.3 Xinxiang Huayang Triacetin Sales, Revenue, Price and Gross Margin (2017-2019)
12.10.4 Main Business Overview
12.10.5 Xinxiang Huayang News
12.11 Jiangsu Licheng
12.12 Yixing YongJia Chemical

13 Research Findings and Conclusion

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