2- Methylpropylbenzene (Isobutyl Benzene) Market : registering a CAGR of 5.40%, Size, share, trends
The 2-methylpropylbenzene (isobutyl benzene) is expected to grow significantly during the forecast owing to the increasing demand from numerous end user industries such as chemical, pharmaceuticals, personal care and many more. Moreover, the growing industrial and pharmaceutical manufacturing industries are expected to enhance the growth of the market. Apart from that, 2-methylpropylbenzene (isobutyl benzene) is used in the production of Ibuprofen and perfumes, improving the market's expansion during the forecast period.
Data Bridge Market Research analyses that the 2-methylpropylbenzene (isobutyl benzene) market is expected to reach USD 165.25 million by 2030, which is USD 108.50 million in 2022, registering a CAGR of 5.40% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Market Definition
2-Methylpropylbenzene (Isobutyl Benzene) is an organic, neutral, aromatic, and colourless liquid chemical compound with a specific gravity of about 0.852. It is also well-known as 2-methylpropylbenzene. Isobutyl benzene is a colourless chemical compound with a chemical formula C10H14. It is manufactured out of potassium carbonate, toluene, propylene, methanol sodium among other chemicals. It is a basic organic raw material that is used widely in the perfume and pharmaceutical industry.
Global 2-Methylpropylbenzene (Isobutyl Benzene) Market Scope
The 2-methylpropylbenzene (isobutyl benzene) market is segmented on the basis of product type and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Pharmaceutical Grade
- Industrial Grade
- Bio Grade
End User
- Pharmaceuticals
- Coatings
- Surfactants
- Others
2-Methylpropylbenzene (Isobutyl Benzene) Market Regional Analysis/Insights
The 2-methylpropylbenzene (isobutyl benzene) market is analyzed and market size insights and trends are provided by country, product type and end user as referenced above.
The countries covered in the 2-methylpropylbenzene (isobutyl benzene) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific is expected to dominate the 2-methylpropylbenzene (isobutyl benzene) market owing to high production of isobutyl benzene in India and China. These are some major countries expected to be the major markets for isobutyl benzene market in this region.
North America is expected to be the fastest developing region during the forecast period of 2023-2030 owing to growing demand for 2-methylpropylbenzene (isobutyl benzene) in pharmaceutical sector in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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Competitive Landscape and 2-Methylpropylbenzene (Isobutyl Benzene) Market Share Analysis
The 2-methylpropylbenzene (isobutyl benzene) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to 2-methylpropylbenzene (isobutyl benzene) market.
Some of the major players operating in the 2-methylpropylbenzene (isobutyl benzene) market are:
- Thermo Fisher Scientific (U.S.)
- Merck KGaA (U.S.)
- TCI Chemicals (India) Pvt. Ltd. (Japan)
- IOL (India)
- SI Group, Inc. (U.S.)
- Vizag Chemicals (India)
- Vinati Organics Limited (India)
- Shandong Xinhua Pharma (China)
- Ralington Pharma (India)
- SynQuest Laboratories (U.S.)
Global 2K Protective Coatings Market –
Industry Trends, Business Insights, Latest Revenues, Regional Outlook and Forecast to 2028
The winning 2K
Protective Coatings market study encompasses a market attractiveness
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details about market trends, future prospects, market restraints, leading
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An international 2K Protective Coatings market
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2K Protective Coatings Market Scope and Market Size
2K protective coatings market is segmented on the basis of resin
type and end-use industry. The growth amongst the different segments helps you
in attaining the knowledge related to the different growth factors expected to
be prevalent throughout the market and formulate different strategies to help
identify core application areas and the difference in your target markets.
·
Based on resin type,
the 2K protective coatings market is segmented into epoxy, alkyd, polyurethane
and acrylic.
The 2K protective coatings market is also segmented on the basis
of end-use
industry into cargo containers, marine, oil
& gas, power generation, waste water treatment and petrochemical.
Competitive Landscape and 2K Protective Coatings Market
Share Analysis
2K protective coatings
market competitive landscape provides details by
competitor. Details included are company overview, company financials, revenue
generated, market potential, investment in research and development, new market
initiatives, global presence, production sites and facilities, production
capacities, company strengths and weaknesses, product launch, product width and
breadth, application dominance. The above data points provided are only related
to the companies’ focus related to 2K protective coatings market.
The major players covered in the 2K protective coatings market
report are Akzo Nobel N.V, PPG Industries, Inc, The Sherwin-Williams Company,
Jotun, Hempel A/S, Chugoku Marine Paints, Ltd, Kansai Paint Co.,Ltd, Sika AG,
RPM International Inc, Valspar, Vitro, Dunn-Edwards Corporation, Tikkurila,
Teknos Group, BASF SE, Henkel Adhesives Technologies India Private Limited,
Benjamin Moore & Co, Kelly-Moore Paints, Berger Paints, Cloverdale Paint
Inc., Duluxgroup Ltd, NOROO Paint & Coatings co.,Ltd. and PARKER HANNIFIN
CORP among other domestic and global players. Market share data is available
for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa
(MEA) and South America separately. DBMR analysts understand competitive
strengths and provide competitive analysis for each competitor separately.
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2K Protective Coatings Market Country Level Analysis
2K protective coatings market is analysed and market size,
volume information is provided by resin type and end-use industry as referenced
above.
The countries covered in the 2K protective coatings market
report are U.S., Canada and Mexico in North America, Germany, France, U.K.,
Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe
in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia,
Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the
Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of
Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil,
Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the drilling fluid additives market due
to rise in the environmental concerns and rise in the research and development
activities in this region.
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