openPR Logo
Press release

By 2028, Demand for Global 1, 2, 4-Trimethylbenzene Market Size to Surpass USD 4,800 million, at a 5% CAGR: Industry Trends, Share, Value, Analysis & Forecast Report by Facts & Factors

10-21-2022 11:50 AM CET | Health & Medicine

Press release from: Facts & Factors

1, 2, 4-Trimethylbenzene Market

1, 2, 4-Trimethylbenzene Market

"1, 2, 4-Trimethylbenzene Market By Application (Trimellitic Anhydride, 1, 3, 5-Trimethylbenzene, Durene, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 - 2026" was written by Facts and Factors. According to the findings of our research, the global market for 1, 2, and 4-trimethylbenzene is roughly USD 3,400 million in 2019, and it is predicted to reach approximately USD 4,800 million by the year 2026. From 2020 to 2026, it is estimated that the market for 1, 2, 4-trimethylbenzene will expand at a CAGR of around 5%.

Pseudocumene is another name for the fundamental organic compound known as 1, 2, 4-trimethylbenzene, which is used extensively in industry. Pseudocumene is a volatile, odourless, colourless liquid that, in general, falls under the category of aromatic hydrocarbons. It has a powerful smell. It is soluble in organic solvents such as ethanol, diethyl ether, and benzene, but it is almost insoluble in water. Some examples of organic solvents include: The production of 1, 2, 4-trimethylbenzene involves a process that involves the methylation of toluene and xylene. In addition to this, natural deposits of it can be found in petroleum and coal tar. Pseudocumene is an essential component in the manufacture of a wide variety of products, including PVC, plasticizers, trioctyl triphenylate, powder coatings, paints, and more. In addition to its usage as a raw material in the production of dye, medication, and synthetic resins, 1, 2, 4-trimethylbenzene is also utilized in the production of other products. Using 1, 2, 4-trimethylbenzene as a starting material results in the production of durene, trimellitic anhydride, and 1, 3, 5-trimethyl benzene.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/sample/1-2-4-trimethylbenzene-market-by-application-trimellitic

It is likely that the amount of 1, 2, 4-trimethylbenzene used to produce trimellitic anhydride will increase as a result of the growing demand for trimellitic anhydride in a variety of industrial applications, such as paints and coatings and wire and cable insulation.

These applications include: paints and coatings; Trimellitic anhydride finds widespread application in the production of a variety of products, including those utilized in the medical and automotive industries. Additionally, it is anticipated that the growing demand for 1, 2, 4-trimethylbenzene in China will further fuel the expansion of the global market. Because China is widely recognized as the world's manufacturing hub, the country's number of manufacturing companies is rapidly increasing.

As a result, the use of 1, 2, 4-trimethylbenzene is growing in a variety of industries, including the pharmaceutical industry, the paint and coatings industry, and the dyes industry, amongst others. On the other hand, it is anticipated that the fluctuating prices of raw materials and production costs will function as a barrier for the global 1, 2, 4-trimethylbenzene market. On the flip side, technological advancements made in the product are anticipated to present the market with new prospects. The primary producers of 1, 2, 4-trimethylbenzene are concentrating their efforts on the development of novel and forward-thinking techniques for the manufacturing of 1, 2, 4-trimethylbenzene.

๐‘๐ž๐š๐ ๐ƒ๐ž๐ญ๐š๐ข๐ฅ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/1-2-4-trimethylbenzene-market-by-application-trimellitic

Trimellitic anhydride accounted for the largest market share of the global 1, 2, 4-trimethylbenzene market and is also anticipated to be the fastest-growing category of the application segment. Pseudocumene is widely used as raw material for manufacturing trimellitic anhydride and the demand for trimellitic anhydride is rapidly increasing in applications such as powder coatings, resins, and as a binder for glass fibers, and aggregates.

Regionally, the Asia Pacific dominated the global 1, 2, and 4-trimethylbenzene market and accounted for the largest market share. China is the major producer and consumer of the 1, 2, and 4-trimethylbenzene and is continuing to enhance its consumption in the upcoming years as well. However, China is also the evolving market of trimellitic anhydride. Manufacturers such as Zhegndan and Baichuan among others have increased the production capacity of trimellitic anhydride. Therefore, this is in turn projected to increase the consumption of 1, 2, 4-trimethylbenzene in trimellitic anhydride production.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/customization/1-2-4-trimethylbenzene-market-by-application-trimellitic

๐’๐จ๐ฆ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ค๐ž๐ฒ ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐จ๐ฉ๐ž๐ซ๐š๐ญ๐ข๐ง๐  ๐ญ๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐Ÿ, ๐Ÿ, ๐Ÿ’-๐ญ๐ซ๐ข๐ฆ๐ž๐ญ๐ก๐ฒ๐ฅ๐›๐ž๐ง๐ณ๐ž๐ง๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐š๐ซ๐ž

Flint Hills Resources (FHR)
Eni
Nanjing Refinery Co., Ltd.
Jinyang Chemical Co., Ltd.,
Jiangsu Hualun Chemical Industry Co., Ltd., Lanzhou Petrochemical Company
Dow Chemical Company

๐“๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ ๐ญ๐ก๐ž ๐Ÿ, ๐Ÿ, ๐Ÿ’-๐“๐ซ๐ข๐ฆ๐ž๐ญ๐ก๐ฒ๐ฅ๐›๐ž๐ง๐ณ๐ž๐ง๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐š๐ฌ ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ฌ:

๐†๐ฅ๐จ๐›๐š๐ฅ ๐Ÿ, ๐Ÿ, ๐Ÿ’-๐“๐ซ๐ข๐ฆ๐ž๐ญ๐ก๐ฒ๐ฅ๐›๐ž๐ง๐ณ๐ž๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ: ๐๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

Trimellitic Anhydride
1, 3, 5-Trimethylbenzene
Durene
Others

๐†๐ฅ๐จ๐›๐š๐ฅ ๐Ÿ, ๐Ÿ, ๐Ÿ’-๐“๐ซ๐ข๐ฆ๐ž๐ญ๐ก๐ฒ๐ฅ๐›๐ž๐ง๐ณ๐ž๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ: ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

North America
U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East and Africa

๐‘๐ž๐š๐ ๐›๐ฎ๐ฒ๐ง๐จ๐ฐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/buynow/su/1-2-4-trimethylbenzene-market-by-application-trimellitic

Facts & Factors
A 2108, Sargam,
Nanded City,
Sinhagad Road,
Pune 411041, India
USA: +1-347-989-3985
Email:ย sales@fnfresearch.com
Web:ย https://www.fnfresearch.com

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client's/customer's conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release By 2028, Demand for Global 1, 2, 4-Trimethylbenzene Market Size to Surpass USD 4,800 million, at a 5% CAGR: Industry Trends, Share, Value, Analysis & Forecast Report by Facts & Factors here

News-ID: 2775444 • Views: โ€ฆ

More Releases from Facts & Factors

Trending: Military Vehicle Electrification Market Size & Share To Exceed USD 9.5 Billion by 2026 | Facts and Factors
Trending: Military Vehicle Electrification Market Size & Share To Exceed USD 9.5 โ€ฆ
The Military Vehicle Electrification Market has developed swiftly in recent years and has made a significant contribution to the global financial situation in terms of growth rate, market share, and sales generation. The report titled Military Vehicle Electrification Market is an analytical study that presents a comprehensive explanation of the industry along with information on significant aspects of the market. Request Access Full Report is Available @ https://www.fnfresearch.com/military-vehicle-electrification-market This covers marketโ€ฆ
Global AIOps (Artificial Intelligence for IT Operations) Market - Size, Share, Growth, Trends and Forecasts 2026
Global AIOps (Artificial Intelligence for IT Operations) Market - Size, Share, G โ€ฆ
The research report presents a strategic analysis of the AIOps (Artificial Intelligence for IT Operations) Market analysis through top players, size, share, key drivers, challenges, opportunities, competitive landscape, market attractiveness analysis, new product launches, technological innovations, and growth contributors. Further, the market attractiveness index is provided based on a five-forces analysis. View the Full Report with Table of Contents @ https://www.fnfresearch.com/artificial-intelligence-for-it-operations-market This report mainly focuses on the top players and theirโ€ฆ
Exceptional Growth in Global Quantum Dot Solar Cell Market Size, Share to Gain USD 2,319.8 Million by 2026: Facts & Factors
Exceptional Growth in Global Quantum Dot Solar Cell Market Size, Share to Gain U โ€ฆ
The Quantum Dot Solar Cell Market has developed swiftly in recent years and has made a significant contribution to the global financial situation in terms of growth rate, market share, and sales generation. Request Access Full Report is Available @ https://www.fnfresearch.com/quantum-dot-solar-cell-market The report titled "Quantum Dot Solar Cell Market" is an analytical study that presents a comprehensive explanation of the industry along with information on significant aspects of the market. Thisโ€ฆ
Global Energy Meter Market Size, Share, Growth, Business Strategies and Forecast by 2026 | Exclusive Report by Facts & Factors
Global Energy Meter Market Size, Share, Growth, Business Strategies and Forecast โ€ฆ
The Energy Meter Market has developed swiftly in recent years and has made a significant contribution to the global financial situation in terms of growth rate, market share, and sales generation. Request Access Full Report is Available @ https://www.fnfresearch.com/energy-meter-market The report titled Energy Meter Market is an analytical study that presents a comprehensive explanation of the industry along with information on significant aspects of the market. This covers market demands, majorโ€ฆ

All 5 Releases


More Releases for China

China fund establishment, China fund management,china investment management
Pandacu China is a leading financial institution that specializes in providing fund establishment and management services for domestic and international investors looking to invest in China. The company was founded in 2015 by a team of experienced finance professionals with a deep understanding of the Chinese market and a strong network of contacts in the investment industry. https://boomingfaucet.com/ China Fund Establishment Consultation E-mail:nolan@pandacuads.com Investing in China can be a complex and challenging process, andโ€ฆ
China Finance Advisor, China Debt Finance Corporation,China Investment Corporati โ€ฆ
Investment bank is a financial institution that helps companies and governments raise capital by underwriting and issuing securities, and also provides advice on mergers and acquisitions, strategic investments, and other financial matters. Investment banks typically have a team of professionals with expertise in various areas such as corporate finance, securities underwriting, sales and trading, and market research. http://pandacuads.com/ China Investment Corporation Email:nolan@pandacuads.com Some of the main services provided by investment banks include: Underwriting: Investment banksโ€ฆ
China Investment Bank, China Investment Consultant, China Investment Corporation โ€ฆ
Pandacu is a company that specializes in cross-border investment in China. The company was founded in china and has since grown to become one of the leading cross-border investment firms in China. Pandacu offers a wide range of services to its clients, including investment advisory, market research, due diligence, and post-investment support. http://pandacuads.com/ Investment banking consultant Email:nolan@pandacuads.com Cross-border investment in China can be a complex and challenging process, as the country has a uniqueโ€ฆ
china construction company,china engineering company,china major bridge engineer โ€ฆ
List of Top 500 Chinese Construction Enterprises ranking https://gzwatches.cn/ Free engineering construction consultation Email:nolan@wholsale9.com Company Name province 1 China State Construction Corporation Limited Beijing 2 China Railway Corporation Limited Beijing 3 China Railway Construction Corporation Limited Beijing 4 Shanghai Weimengsi Construction Engineering Co., Ltd. Shanghai 5 China Communications Construction Group Co., Ltd. Beijing 6 China Power Construction Corporation Limited Beijing 7 China Energy Construction Group Co., Ltd. Beijing 8 Shanghai Construction Engineering Group Co., Ltd. Shanghai 9 Jiangsu Zhongnan Construction Industry Group Co., Ltd. Jiangsu 10 China Gezhouba Group Co., Ltd. Hubei 11 China National Chemical Engineering Co., Ltd. Beijing 12 Sinoma Group Co., Ltd. Beijing 13 Guangxi Construction Engineering Group Co., Ltd. Guangxi 14 Shanghai Urbanโ€ฆ
Forehead Thermometer Market Analysis (2019- 2025)| Microlife (China), Radiant (C โ€ฆ
This research study is one of the most detailed and accurate ones that solely focus on the global Forehead Thermometer market. It sheds light on critical factors that impact the growth of the global Forehead Thermometer market on several fronts. Market participants can use the report to gain a sound understanding of the competitive landscape and strategies adopted by leading players of the global Forehead Thermometer market. The authors ofโ€ฆ
Global Color Steel Tile Market 2017 - South China, East China, Southwest China, โ€ฆ
Color Steel Tile Market Research Report A market study based on the " Color Steel Tile Market " across the globe, recently added to the repository of Market Research, is titled โ€˜Global Color Steel Tile Market 2017โ€™. The research report analyses the historical as well as present performance of the worldwide Color Steel Tile industry, and makes predictions on the future status of Color Steel Tile market on the basisโ€ฆ