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Global Divinylbenzene (DVB) Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024
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Global Divinylbnzene (DVB) Production Increased To 17082 Tons In 2018
Divinylbenzene (DVB) is an extremely versatile cross-linking agent that also improves polymer properties. As a result, it has been used to manufacture adhesives, plastics, elastomers, ceramics, biological materials, coatings, catalysts, membranes, pharmaceuticals, specialty polymers, and ion exchange resins. DVB is a chemical intermediate used to modify the properties of a wide variety of materials. The primary use for DVB is in the production of cross-linked polystyrene resin beads. These styrene DVB copolymer beads are chemically modified to produce ion exchange resins.
The global production of divinylbnzene (DVB) increased from 13925 tons in 2014 to 17082 tons in 2018, at a CAGR of 5.24% In 2018, the global divinylbenzene (DVB) market is led by China. USA is the second-largest region-wise market. At present, the major manufacturers of divinylbenzene (DVB) are concentrated in China, USA and Japan. Jiangsu Evergreen is the world leader, holding 32.22% production market share in 2018. Nippon Steel, Dow Chemical, Jiangsu Evergreen and Jiangsu Andeli New Mstar are major players in the global market. The global Divinylbenzene (DVB) market is valued at USD 63.37 million in 2018 and is expected to reach USD 86.58 million by the end of 2025, growing at a CAGR of 4.56% between 2018 and 2025.
Divinylbenzene (DVB) is an extremely versatile cross-linking agent that also improves polymer properties. As a result, it has been used to manufacture adhesives, plastics, elastomers, ceramics, biological materials, coatings, catalysts, membranes, pharmaceuticals, specialty polymers, and ion exchange resins. Ion exchange resin is the main DVB application, accounting for 77.45% of consumption share in 2018.
DVB is produced through the dehydrogenation of diethylbenzene. This process also gives rise to ethylvinylbenzene, a co-product produced with and sold with DVB. DVB is produced in different concentrations, depending on the required proportion of DVB in the final product. DVB is supplied in different concentration levels (or purity grades), e.g., 55%, 65%, and 80%, with the customer determining the particular concentration of DVB required. In turn, all DVB producers manufacture the various concentrations of DVB on the same production line with the same equipment by adjusting the distillation process conditions.
Dow and Deltech Corporation are the only two DVB manufacturers in the United States. Dow supplies DVB to global market and uses its DVB captively for its own IER production. Nippon Steel is the only producer in Japan. Japan is the world's major ion exchange resin production area, so Japan's demand for DVB is huge and necessary. Mitsubishi Chemical, AGC and Asahi Kasei are direct customers of Nippon Steel. Currently, there are no large European DVB production sites, so almost all European customers import DVB from suppliers in China, Japan, and the United States. In the Chinese market, the competition of the DVB industry is fierce. In 2017, Shandong Guangrun (3,000 tons of divinylbnzene (DVB) production capacity) withdrew from this market.
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