Transparency Market Research in its new report titled, “5-amino-1-pentanol Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026,” provides key insights on the 5-amino-1-pentanol market. The TMR report anticipates that the rise in the demand from personal care industry will drive the 5-amino-1-pentanol market during the forecast period i.e, 2018-2026.
5-amino-1-pentanol is mostly used as a corrosion inhibitor. It is commonly used in the manufacturing of 5-phthalimido-1-pentanol in the presence of toluene, which acts as a solvent. It is also used as an emulsifying agent in insecticides, cosmetics, wax removers, paints, and dry-cleaning soaps. 5-amino-1-pentanol is used in the synthesis of S-glycosyl amino-acid building blocks. It is also used as a reagent in the synthesis of amino functionalized 4-chloro-2,2′:6′,2′′-terpyridine (an amino-functional polysiloxane). Amino-functional polysiloxanes are very useful in the manufacture of protective coatings and resins, as they impart properties such as chemical resistance, heat resistance, weathering (primarily degradation by UV radiation), and corrosion control. As such, amino-functional polysiloxanes are highly favored for the manufacture of paints and coatings. This is anticipated to increase the demand for amino-functional polysiloxanes in the near future, driving 5-amino-1-pentanol market. Furthermore, over the last few years, the personal care industry has expanded at a rapid pace, particularly the cosmetic sector. The trend is anticipated to continue throughout the forecast period, thereby propelling the demand for 5-Amino-1-pentanol in the near future.
The report has split the global 5-Amino-1-pentanol market based on purity, function, application, and region. On the basis of purity, the global 5-Amino-1-pentanol market is divided into more than 95% pure and less than 95% pure. In terms of function, the market is classified into corrosion inhibitor, reagent, emulsifying agent, and others. In accordance with application, the 5-amino-1-pentanol market is divided into chemical synthesis, personal care, paints & coatings, and others. From a regional perspective, the global 5-Amino-1-pentanol market is segmented into North America, Asia Pacific, Latin America, Europe, and Middle East & Africa. In terms of consumption, the global 5-Amino-1-pentanol market was dominated by North America in 2017, closely followed by Europe and Asia Pacific. The region is anticipated to dominate the global market throughout the forecast period. This can be primarily ascribed to the expansion in the personal care industry, especially the cosmetic industry in the region, particularly in the U.S.
According to the report, Asia Pacific dominates the global 5-Amino-1-pentanol in terms of production. The 5-amino-1-pentanol market is Asia Pacific is expected to be expand rapidly in the next few years. The region is likely to offer substantial expansion opportunities to the market in the near future. Furthermore, economies in the region such as India, Japan, Singapore, South Korea, Australia, and countries in Southeast Asia are anticipated to offer high expansion potential for the 5-Amino-1-pentanol market during the forecast period. This is due to expansion in sectors such as personal care, paints & coatings, and chemical synthesis in these countries. The 5-amino-1-pentanol market in Latin America and Middle East & Africa is also anticipated to expand at a rapid pace in the near future. Major companies operating in the global 5-Amino-1-pentanol market are profiled in this report to give a better competitive analysis and these include ThermoFisher Scientific, BASF AG, Santa Cruz Biotechnology, Inc., MP Biomedicals, LLC, Alfa Aesar GmBH & Co. KG, BOC Sciences, Chemieliva Pharmaceuticals, Novachem, and FINETECH Industry Limited.
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Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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