Thursday, November 14, 2024

Tris[2-(3-Mercaptopropionyloxy)Ethyl]Isocyanurate (TEMPIC) - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030

What is Tris[2-(3-Mercaptopropionyloxy)Ethyl]Isocyanurate (TEMPIC) - Global Market?

Tris[2-(3-Mercaptopropionyloxy)Ethyl]Isocyanurate, commonly referred to as TEMPIC, is a specialized chemical compound that plays a significant role in various industrial applications due to its unique properties. TEMPIC is primarily used as a cross-linking agent, which means it helps to bond different polymer chains together, enhancing the strength and durability of the resulting materials. This compound is particularly valued in industries that require materials with high thermal stability and resistance to chemical degradation. The global market for TEMPIC is witnessing a steady growth trajectory, driven by its increasing demand in sectors such as coatings, adhesives, and sealants. In 2023, the market was valued at approximately US$ 22 million, and it is projected to reach US$ 30 million by 2030, growing at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2030. One of the key attributes of TEMPIC is its low viscosity, which facilitates easy mixing with resins, resulting in a uniform and stable mixture. This property is particularly advantageous in manufacturing processes where consistency and reliability are paramount. As industries continue to seek materials that offer enhanced performance and sustainability, TEMPIC's role in the global market is expected to expand further.

Tris[2-(3-Mercaptopropionyloxy)Ethyl]Isocyanurate (TEMPIC) - Market

Epoxy System, Polyurethane System, Other in the Tris[2-(3-Mercaptopropionyloxy)Ethyl]Isocyanurate (TEMPIC) - Global Market:

TEMPIC finds its application in various systems, including epoxy and polyurethane systems, due to its ability to enhance the properties of these materials. In epoxy systems, TEMPIC acts as a curing agent, which is crucial for the hardening process of epoxy resins. Epoxy resins are widely used in industries such as electronics, aerospace, and construction due to their excellent adhesive properties and resistance to environmental degradation. By incorporating TEMPIC, manufacturers can achieve improved thermal stability and mechanical strength in epoxy-based products. This makes them suitable for high-performance applications where durability and reliability are essential. The low viscosity of TEMPIC also ensures that it can be easily mixed with epoxy resins, resulting in a homogeneous mixture that cures uniformly, minimizing defects and enhancing the overall quality of the final product.

Optical, Coatings, Construction, Other in the Tris[2-(3-Mercaptopropionyloxy)Ethyl]Isocyanurate (TEMPIC) - Global Market:

In polyurethane systems, TEMPIC serves as a cross-linking agent that enhances the flexibility and resilience of polyurethane materials. Polyurethanes are versatile polymers used in a wide range of applications, from flexible foams in furniture and automotive seating to rigid foams in insulation and structural components. The addition of TEMPIC improves the mechanical properties of polyurethane products, making them more resistant to wear and tear, as well as environmental factors such as moisture and temperature fluctuations. This is particularly important in applications where the material is exposed to harsh conditions, such as in automotive interiors or construction materials. The ability of TEMPIC to improve the performance of polyurethane systems makes it a valuable component in the production of high-quality, durable products.

Tris[2-(3-Mercaptopropionyloxy)Ethyl]Isocyanurate (TEMPIC) - Global Market Outlook:

Beyond epoxy and polyurethane systems, TEMPIC is also utilized in other applications where its unique properties can be leveraged. For instance, in the coatings industry, TEMPIC is used to enhance the adhesion and durability of coatings applied to various surfaces. Coatings are essential for protecting surfaces from corrosion, abrasion, and other forms of degradation, and the addition of TEMPIC ensures that these coatings adhere better and last longer. This is particularly important in industries such as automotive and aerospace, where coatings play a critical role in maintaining the integrity and appearance of vehicles and aircraft. Additionally, TEMPIC's low viscosity allows it to be easily incorporated into coating formulations, ensuring a smooth and even application.


Report Metric Details
Report Name Tris[2-(3-Mercaptopropionyloxy)Ethyl]Isocyanurate (TEMPIC) - Market
Forecasted market size in 2030 US$ 30 million
CAGR 4.2%
Forecasted years 2024 - 2030
Segment by Type:
  • Epoxy System
  • Polyurethane System
  • Other
Segment by Application
  • Optical
  • Coatings
  • Construction
  • Other
By Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia) Rest of Europe
  • Nordic Countries
  • Asia-Pacific (China, Japan, South Korea)
  • Southeast Asia (India, Australia)
  • Rest of Asia
  • Latin America (Mexico, Brazil)
  • Rest of Latin America
  • Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company Efirm, SC Organic Chemical, Bruno Bock
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

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