By submitting this form, you are agreeing to the Terms of Use and Privacy Policy.
A polyhydric alcohol with two main hydroxyl groups is neopentyl glycol (NEO). Liquid melt is NEO molten. The benefits of NEO are widely known for offering great UV, hydrolytic, and chemical resistance.Neopentyl glycol is an organic chemical compound with the IUPAC designation 2,2-dimethylpropane-1,3-diol.
It is used to create plasticizers, paints, lubricants, and polyesters. It improves the product’s resistance to heat, light, and water when employed in the production of polyesters.People are most familiar with it as a constituent in antifreeze for mechanical cooling systems and car engines.
Large amounts of heat can be absorbed and released by glycol without affecting its temperature. Because of this, it is excellent for use in refrigeration applications like beverage chillers.
The Global Neopentyl glycol resin market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
Industry for Personal Care Goods and Cosmetics Neopentyl Glycol Diheptanoate is a new product from OQ Chemicals that replaces cyclic silicones. Neopentyl Glycol Diheptanoate is a new product from international chemical business OQ Chemicals for the cosmetics and personal care market.
Neopentyl Glycol Diheptanoate, a light ester-based substance, is a good substitute for cyclic silicone compounds like cyclosiloxanes (D4-D6), also known as cyclomethicone, which have received negative reviews.
Neopentyl Glycol Diheptanoate is a popular ingredient among cosmetics makers for colour cosmetics, skin care, hair care, sun care, and antiperspirant formulations because of its unique qualities.
Other items on display include TCD Alcohol DM for use in perfume oil compositions and 1,3 Butylene Glycol, a high-performance humectant in premium personal care products. These goods are offered by OQ Chemicals in commercial quantities all around the world.
They respond to the demand for formulations devoid of silicone in the cosmetic business with their Neopentyl Glycol Diheptanoate. The cyclomethicones D4, D5, and D6 that were once widely used have been classified as chemicals of very high concern because they are extremely persistent and bioaccumulative.
Neopentyl Glycol Diheptanoate is an excellent substitute for important silicone compounds like cyclomethicones since it is a well-researched chemical that is rapidly biodegradable and has a good toxicity profile.
Excellent characteristics like low surface tension, high lubricity, and low viscosity are displayed by neopentyl glycol diheptanoate. By creating formulations with good fluidity and a silky, non-oily feel, OQ Chemicals can successfully support the expansion ambitions of its clients.
Since they create all of the raw components themselves, they are fully backward integrated with Neopentyl Glycol Diheptanoate. They continue to offer their customers the high supply security they’ve come to expect from them, along with controlled continuous quality, thanks to their cross-functional production platforms in Europe, the United States, and Asia.
Neopentyl Glycol as Active Supporting Media in Shape-Stabilised PCMs.The viability of employing shape-stabilised phase change materials (SSPCMs) that contain polyalcohols with solid-solid phase transitions as the active supporting matrix for n-alkanes.
It is commonly known that the application of SSPCM promotes stability, decreases leakage, and makes solid-liquid PCMs easier to handle. The volume filled by the supporting material, which does not contribute to latent heat storage, causes the final composite to lose its ability to store heat, though.
In order to create high energy density SSPCMs, solid-liquid PCMs (alkanes) and solid-solid PCMs (polyalcohols), both of which display a phase transition in the same temperature range, are being combined in this study. The effectiveness of Neopentyl Glycol (NPG) and Docosane as a novel energetic SSPCM has been demonstrated in this direction.
The excellent wettability of Docosane and the chemical compatibility of NPG make their combination advantageous. By reducing the size of the NPG crystal and increasing the capillary forces, expanded graphite (EG) was also added, allowing for a maximum docosane concentration of 60%.
The inclusion of EG enhances the composites’ capacity to transport heat while also improving form stability. The investigation demonstrated that the components of the developed SSPCMs may combine their latent heats, with the greatest Docosane concentration obtaining a maximum value of 210.74 J/g. This figure exceeds the latent heats displayed by the SSPCMs that are already on the market in the same operating temperature range.
North America
The North American market, particularly the USA, will be one of the prime markets for (Neopentyl Glycol Resin) due to the nature of industrial automation in the region, high consumer spending compared to other regions, and the growth of various industries, mainly AI, along with constant technological advancements. The GDP of the USA is one of the largest in the world, and it is home to various industries such as Pharmaceuticals, Aerospace, and Technology. The average consumer spending in the region was $72K in 2023, and this is set to increase over the forecast period. Industries are focused on industrial automation and increasing efficiency in the region. This will be facilitated by the growth in IoT and AI across the board. Due to tensions in geopolitics, much manufacturing is set to shift towards the USA and Mexico, away from China. This shift will include industries such as semiconductors and automotive.
Europe
The European market, particularly Western Europe, is another prime market for (Neopentyl Glycol Resin) due to the strong economic conditions in the region, bolstered by robust systems that support sustained growth. This includes research and development of new technologies, constant innovation, and developments across various industries that promote regional growth. Investments are being made to develop and improve existing infrastructure, enabling various industries to thrive. In Western Europe, the margins for (Neopentyl Glycol Resin) are higher than in other parts of the world due to regional supply and demand dynamics. Average consumer spending in the region was lower than in the USA in 2023, but it is expected to increase over the forecast period.
Eastern Europe is anticipated to experience a higher growth rate compared to Western Europe, as significant shifts in manufacturing and development are taking place in countries like Poland and Hungary. However, the Russia-Ukraine war is currently disrupting growth in this region, with the lack of an immediate resolution negatively impacting growth and creating instability in neighboring areas. Despite these challenges, technological hubs are emerging in Eastern Europe, driven by lower labor costs and a strong supply of technological capabilities compared to Western Europe.
There is a significant boom in manufacturing within Europe, especially in the semiconductor industry, which is expected to influence other industries. Major improvements in the development of sectors such as renewable energy, industrial automation, automotive manufacturing, battery manufacturing and recycling, and AI are poised to promote the growth of (Neopentyl Glycol Resin) in the region.
Asia
Asia will continue to be the global manufacturing hub for (Neopentyl Glycol Resin) over the forecast period with China dominating the manufacturing. However, there will be a shift in manufacturing towards other Asian countries such as India and Vietnam. The technological developments will come from China, Japan, South Korea, and India for the region. There is a trend to improve the efficiency as well as the quality of goods and services to keep up with the standards that are present internationally as well as win the fight in terms of pricing in this region. The demand in this region will also be driven by infrastructural developments that will take place over the forecast period to improve the output for various industries in different countries.
There will be higher growth in the Middle East as investments fall into place to improve their standing in various industries away from petroleum. Plans such as Saudi Arabia Vision 2030, Qatar Vision 2030, and Abu Dhabi 2030 will cause developments across multiple industries in the region. There is a focus on improving the manufacturing sector as well as the knowledge-based services to cater to the needs of the region and the rest of the world. Due to the shifting nature of fossil fuels, the region will be ready with multiple other revenue sources by the time comes, though fossil fuels are not going away any time soon.
Africa
Africa is expected to see the largest growth in (Neopentyl Glycol Resin Market) over the forecast period, as the region prepares to advance across multiple fronts. This growth aligns with the surge of investments targeting key sectors such as agriculture, mining, financial services, manufacturing, logistics, automotive, and healthcare. These investments are poised to stimulate overall regional growth, creating ripple effects across other industries as consumer spending increases, access to products improves, and product offerings expand. This development is supported by both established companies and startups in the region, with assistance from various charitable organizations. Additionally, the presence of a young workforce will address various existing regional challenges. There has been an improvement in political stability, which has attracted and will continue to attract more foreign investments. Initiatives like the African Continental Free Trade Area (AfCFTA) are set to facilitate the easier movement of goods and services within the region, further enhancing the economic landscape.
RoW
Latin America and the Oceania region will showcase growth over the forecast period in (Neopentyl Glycol Resin Market). In Latin America, the focus in the forecast period will be to improve their manufacturing capabilities which is supported by foreign investments in the region. This will be across industries mainly automotive and medical devices. There will also be an increase in mining activities over the forecast period in this region. The area is ripe for industrial automation to enable improvements in manufacturing across different industries and efficiency improvements. This will lead to growth of other industries in the region.
