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The dynamic nature of chemical industry is mirrored by recent developments in thje Diisopropylene benzene sector . The versatility of Diisopropylbenzene has made it popular across different industries thus increasing its demand significantly. One such trend involves increasing use of Diisopropylbenzene in producing flavors and fragrances. It finds application as a scent ingredient for personal care products, household items, food & beverages etc due to its unique aromas. The rise in number of scented products preferred by consumers increases the demand for Diisopropylbenzene hence it becomes a significant ingredient in fragrance production.
Another sector of interest in the market is the pharmaceutical industry that has seen a growing need for Diisopropylbenzene. As an intermediate, this chemical compound started gaining popularity in the synthesis of different drugs. Its role in creating active pharmaceutical ingredients (APIs) demonstrates its significance to the pharma sector. This can be attributed to growth within healthcare industry and expansion of diverse drug varieties.
Additionally, there have been shifts in demand patterns due to application of Diisopropylbenzene as precursors for polymers and resins. The chemical serves as a building block for certain types of polymer that are used to make coatings, adhesives and other industrial materials. It anticipates that with increasing property enhanced materials being sought after by industries; there will be increased demand of Diisopropylbenzene for polymer production.
Diisopropylbenzene Market Highlights:
Global Diisopropylbenzene Market Overview
Diisopropylbenzene Market Size was valued at USD 122.1 Million in 2022. The Diisopropylbenzene industry is projected to grow from USD 24.1 Million in 2023 to USD 178.1 Million by 2032, exhibiting a compound annual growth rate (CAGR) of 4.10% during the forecast period (2023 - 2032).
Diisopropylbenzene which is also known as 4-Isopropylcumene Benzene, p-diisopropyl-benzen, disopropylbenzene and represent by the molecular formula as C12H18. Diisopropylbenzene is produced by products of cumene synthesis in closed systems. These chemicals are mixed into gasoline, diesel and other hydrocarbon fuels. Diisopropylbenzene are soluble in ether, alcohol, acetone and benzene, whereas they are insoluble in water. Furthermore, Diisopropylbenzene is used as an intermediate for the synthesis of synthetic lubricants, stabilizers, polymers, and hydroperoxides. The extract solution is di(2-ethylhexyl)phosphoric acid (HDEHP) in diisopropylbenzene (DIPB) used in the trivalent actinide-lanthanide separation by phosphorus reagent extraction from aqueous komplexes process for separating trivalent lanthanides from trivalent actinide cations. It also finds application in nuclear fuel reprocessing.
Diisopropylbenzene Market by Region (2016-2023) 
Regional Analysis Asia Pacific is the largest market of diisopropylbenzene due to applicable in polymers, in China region followed by India. Increasing demand for polymers and synthetic lubricant in China, India, Japan, Taiwan, and South Korea has made Asia Pacific largest consumer of the global diisopropylbenzene market followed by increasing in the consumption of diisopropylbenzene market in North America region. In North America region, diisopropylbenzene market is drive by stabilizers, polymers. In addition, the third largest market of diisopropylbenzene is Europe region. Moreover, Latin America and Middle East also observed in growth of diisopropylbenzene market due to various application such as stabilizers, polymers, synthetic lubricants, hydroperoxides, and others.Key Players Key players of the global diisopropylbenzene market are Eastman Chemical Company (US), Santa Cruz Biotechnology, Inc (US), TCI (Shanghai) Development Co., Ltd. (China), Arkema Group (Europe), Hangzhou Yuhao Chemical Technology Co., Ltd. (China), CHMA Chemical Technology (Shanghai) Co., Ltd (China), Mitsui Chemicals, Inc. (US), Rhein Chemie Corporation (US), Matrix Scientific. Inc, Sigma-Aldrich Co. LLC (US) and others.
SegmentationThe global diisopropylbenzene market is majorly segmented on the basis of isomers, application, and region. Based on isomers of diisopropylbenzene the market is segmented into o-diisopropylbenzene, m-diisopropylbenzene, and p-diisopropylbenzene. Based on application of diisopropylbenzene the market is segmented stabilizers, polymers, synthetic lubricants, hydroperoxides, and others. On the other hand, based on region market is segmented into North America, Europe, APAC, Latin America, Middle East & Africa.
Geographic Analysis The report covers brief analysis of geographical region such as North America, Europe, APAC, Latin America and Middle East & Africa.
The report about Global Diisopropylbenzene Market by Market Research Future comprises of extensive primary research along with detail analysis of qualitative as well as quantitative aspects by various industry experts and key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of the current market scenario which includes past and estimated future market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report further provides detail information about strategies used by top key players in the industry. It also gives a broad study about different market segments and regions.
Study Objectives of Diisopropylbenzene Market:
- To provide detailed analysis of the market structure along with forecast for the next 7 years of the various segments and sub-segments of the Global Diisopropylbenzene Market
- To understand the supply and demand dynamics including supply and consumption concentration mapping
- To provide region level market analysis and future outlook for North America, Europe, Asia, and Rest of the World (ROW) and their countries
- To provide competitor positioning of the market
- To provide company profiling of major players in the market along with their production and capacity
- To provide regional trade analysis
- To evaluate historical market trends, patents and technologies, and current government regulatory requirements that are relevant to the market
Intended Audience
- Diisopropylbenzene manufacturers
- Traders and distributors of Diisopropylbenzene
- Production Process industries
- Potential investors
- Raw material suppliers
- Nationalized laboratory
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