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Global Dibenzylamine (CAS 103-49-1) Market – Trends, Growth Rate, Covid-19 Impact & Forecast 2027

01-19-2022 11:31 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Ken Research Pvt Ltd

Global Dibenzylamine (CAS 103-49-1) Market – Trends, Growth

Dibenzylamine is an organic chemical compound with the formula C14H15N. Some of key physical properties such as Colorless to light yellow liquid with the boiling point of 300 °C. In addition, it is also known as (N-Benzylaminomethyl)-benzene, N-Benzyl-benzylamine, alpha-Benzylamino-toluene, alpha.alpha-Iminobis-toluene, DBA = N,N-Dibenzylamine, N-(Phenylmethyl)-benzenemethanamine, Dibenzylamine, N,N-Dibenzylamine, Bibenzylamine and N-(Phenylmethyl)-benzylamine. It is also widely used in the rubber processing industry. Moreover, the Dibenzylamine is used for preparing rubber accelerator for the vulcanization process & reaction-stoppers. Dibenzylamine type accelerators reduce the nitrosamine production in the mixing process. Moreover, it is also used for producing the dibenzyl-nitroso-amine.

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Referring to the study, “Global Dibenzylamine (CAS 103-49-1) Market, 2021-2027” some of the key companies that are presently operating in the global Dibenzylamine market include Nanchang Xinggan Sci-tech Industrial Co., Ltd., Koei Chemical Co., Ltd., Lianyungang Kaixiang Chemical Co., Ltd., Lanxess AG, Suzhou Jingye Medicine & Chemical Co., Ltd., BorsodChem Zrt. (Wanhua Industrial Group Co., Ltd.), Laohekou Huachen Chemical Co., Ltd., Shandong Yuexing Chemical Co., Ltd and among others. The renowned companies are incorporating the mergers & acquisition, partnership, collaboration, expansion, and product launch with the purpose of gaining competitive advantage in the market and for maintaining their Market position. These companies also compete on the pricing along with the services. Companies operating in the market endeavor to deliver the preeminent quality products or services based on the innovative technologies as well as best practices. These companies are making a significant investment for research & development and for securing a guaranteed resource for customers.

Based on application, Dibenzylamine market can be segregated as dyestuff, rubber chemicals and agrochemicals. The rubber chemicals also holds major share in the global market owing to its usage in production of various rubber products. The Dibenzylamine are further added in the process of production to increase the products elasticity, flexibility, durability and strength. In addition, agrochemicals segment is projected to exhibit higher growth rate as they improve the crop growth by killing damaging insects during the forecast period.

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Growth in chemical industry, followed by rise in demand from agriculture industry and growth in population are some major factors, which are responsible for growth of the Dibenzylamine market. Apart from this, entire share of dibenzylamine in the agrochemicals industry is estimated to decline throughout the forecast period caused by change in trend towards the use of biopesticides further led by environmental-constraints is said to be a major factor responsible for the expected decline in the market share by the agrochemicals segment.

Based on regional analysis, the Asia-Pacific is a leading region in ‘Global Dibenzylamine Market’ owing to growth of end-user industries such as agrochemicals and dyestuffs across the region. The North-America and Europe regions are estimated to witness higher growth rate due to growth in consumption of dibenzylamine in various industries for the production of end-user and presence of key players over the forecast period. It is projected that future of the global Dibenzylamine market will be bright on account of rise in demand of dibenzylamine in wide range of applications during the forecast period.

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https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/global-dibenzylamine-market/493087-101.html

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