1,2,4-Trimethylbenzene Market Size, Share, Development by 2023

New report published by Market Research Report Store (MRRS) which offers insights on the global 1,2,4-Trimethylbenzene market.

1,2,4-Trimethylbenzene, a flammable colorless liquid with a strong odor, occurs naturally in coal tar and petroleum. It is a major component (typically 40%) of a petroleum refinery distillation fraction known as the C9 aromatic fraction (or simply the C9 fraction).

Trimellitic anhydride is the largest application of 1,2,4-trimethylbenzene, others applications include mesitylene and so on. With increasing demand from downstream industry, 1,2,4-trimethylbenzene production shows continuous upward trend in the recent few years. FHR, Eni, Jiangsu Zhengdan, Nanjing Refinery and so on are among of key players in 1,2,4-trimethylbenzene industry at the moment.

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Global 1,2,4-Trimethylbenzene Market: Forecast by Type / Application / Region

Compared with foreign giants, 1,2,4-trimethylbenzene produced by Chinese manufacturers still has a certain performance gap. Chinese 1,2,4-trimethylbenzene manufacturers should be dedicated to improving their technology and narrowing down the performance gap with foreign giants. Besides, stimulated by downstream demand, 1,2,4-trimethylbenzene production in China will be released further in the coming years as some companies have add investments on their 1,2,4-trimethylbenzene businesses.

We tend to believe that this industry still has a bright future, considering the current demand. As for product prices, the slow downward trend in recent years will continue in the next few years, since competition intensifies. Similarly, there will be fluctuations in gross margin.

Over the next five years, LPI(LP Information) projects that 1,2,4-Trimethylbenzene will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.

Global 1,2,4-Trimethylbenzene Market: Key Players
FHR
Eni
Nanjing Refinery
Xinjiang Tianli
Jinyang Chemical
Jiangsu Hualun
Jinling Petrochemical
Lanzhou Petrochemical
Jiangsu Zhengdan

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Related Information:
United States 1,2,4-Trimethylbenzene Market Research Report 2018
Europe 1,2,4-Trimethylbenzene Market Research Report 2018
North America 1,2,4-Trimethylbenzene Market Research Report 2018
Asia-Pacific 1,2,4-Trimethylbenzene Market Research Report 2018
China 1,2,4-Trimethylbenzene Market Research Report 2018
EMEA 1,2,4-Trimethylbenzene Market Research Report 2018
Global 1,2,4-Trimethylbenzene Market Research Report 2018

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