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1,4-Diisopropylbenzene Market Booming by Size, Revenue, Trend and Top Growing Companies 2031 | Eastman Chemical Company, Sagechem, Goodyear Chemicals, Syntechem Co. Ltd

09-29-2023 01:07 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Insight Services

1,4-Diisopropylbenzene Market

1,4-Diisopropylbenzene Market

New York, 1,4-Diisopropylbenzene is an organic compound with the chemical formula C9H14. It is a colorless liquid with a strong, characteristic odor. It is insoluble in water but soluble in most organic solvents. 1,4-Diisopropylbenzene is produced by the alkylation of benzene with propylene.

1,4-Diisopropylbenzene is used as a solvent and as a fuel additive. It is also used in the manufacture of resins, plastics, and rubbers.

1,4-Diisopropylbenzene is a flammable liquid and should be stored in a cool, dry place away from heat and ignition sources.

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Key Trends

1,4-Diisopropylbenzene technology is evolving rapidly, driven by the need for ever-higher performance and efficiency. The key trends include:

1. Increased use of nanomaterials and nanotechnology: Nano-sized 1,4-diisopropyl benzene particles are being used increasingly to improve the performance of products and processes.

2. Improved process control: Processes are becoming increasingly controlled and monitored, using sophisticated process analytical technology (PAT).

3. Increased use of renewable resources: There is a trend towards using more renewable resources, such as biomass, to produce 1,4-diisopropyl benzene. This is because renewable resources are sustainable and have a lower environmental impact than fossil fuels.

4. Increased use of green chemistry: Green chemistry is being used more and more to design 1,4-diisopropyl benzene processes and products that are less harmful to the environment.

Key Drivers

There are a few key drivers of the 1,4-Diisopropylbenzene market.

Firstly, the compound is used as an intermediate in producing various chemicals and products. This includes its use as a solvent in the production of paints, inks, and adhesives.

Secondly, 1,4-Diisopropylbenzene is also used as a fuel additive, due to its high octane rating. This helps to improve the fuel efficiency of vehicles, as well as reduce emissions.

Finally, the compound is also used in the production of plastics.

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Market Segments

The 1,4-Diisopropylbenzene Market is segmented by type, application, and region. By type, the market is classified into standard, and high purity. Based on application, it is bifurcated into paints & coatings, solvents, graphic arts, and others. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.

Key Players

The global 1,4-Diisopropylbenzene Market includes players such as Eastman Chemical Company, Sagechem, Goodyear Chemicals, Syntechem Co. Ltd., Tokyo Chemical Industry Co Ltd., Biosynth Carbosynth, Angene International, Kanto Chemicals, ABCR Gmbh, BLD Pharmatech, and others.

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Reasons to buy 1,4-Diisopropylbenzene Market Report:

• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

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