Mesitylene Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2029

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Mesitylene Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2029

Status : September, 2020 | Chemical & Materials | PPT format

Report Digest

Global Mesitylene Market: Introduction

Mesitylene is an organic chemical compound which is one of the derivatives of benzene. Mesitylene has a sweet aromatic odor and is a colorless liquid. Mesitylene is also known by the name of 1,3,5 trimethylbenzene. Pseudocumene (1,2,4 trimethylbenzene) and hemimellitene (1,2,3 trimethylbenzene) are two of the isomers of mesitylene. Mesitylene is a common component of coal tar, and coal tar is its traditional source. Generally mesitylene is prepared by simple methyl alkylation of xylene over solid acid catalyst. Pure mesitylene is synthesized from acetone in vapor phase catalytic dehydrationthe at ~300-500℃ Mesitylene is a precursor for variety of fine chemicals. Mesitylene is also used for the production of antioxidants stabilizer, polyester resin curing agent, plasticizers and alkyd resins. Mesitylene is also a good solvent and is used in chemical laboratories. Mesitylene is also used as precursor in the colorant formation. Mesitylene is also being used as an additive in various types of aviation gasoline blends. Mesitylene is used as a photopatternable developer of silicones in electronic industries. Mesitylene is also being used in the preparation of trimesic acid and other antioxidants. Mesitylene is one of the most common VOC compound which is generated during combustion. Also, mesitylene is also highly flammable and potential irritant.

Global Mesitylene Market: Dynamics

The growth of colors, dyes & pigments market is the main driving factor responsible for the growth of the global mesitylene market. Demand for colors and dyes is continuously expanding from numerous industries. Increasing consumption pigments & colorants in textile, automotive, food & beverages and in other industries is fueling the demand for sufficient amount of raw materials. Growing consumption of pigments & dyestuff is expected to bolster the mesitylene demand. Increasing demand for aviation fuel due to the rise aerospace fleet is expected to positively influence the growth of mesitylene market. Mesitylene is used as a precursor in the production of various fine chemicals. Chemical industries in certain region is exceling its fine chemical production through government initiatives, thus the growth in the fine chemical production is anticipated to have a positive impact on mesitylene market. Apart from it, increasing demand for electronic solvents is also expected increase the demand for mesitylene market. Mesitylene is regarded as one of the common VOC component and it also has acute toxicity. Increasing number of stringent regulations on VOC emissions and toxic chemicals in developed regions is expected to hamper the mesitylene market.

Global Mesitylene Market: Segmentation

The global mesitylene market can be segmented on the basis of its grade, application and end use:

The global mesitylene market is segmented on the basis of its grade as:

  • Low Purity/Industrial Grade (96%-99%)
  • High Purity/Electronic Grade (>99%)

The global mesitylene market is segmented on the basis of its application as:

  • Chemical Intermediate
  • Laboratory Solvent
  • Additives
  • Analytical reagent

The global mesitylene market is segmented on the basis of its end use as:

  • Electronics
  • Dyes & Pigments (Colorants)
  • Plasticizers
  • Chemical laboratory

Global Mesitylene Market: Regional Outlook

Asia Pacific region stands out as a prominent market for the mesitylene industry, owing to the growth in the production of colors and pigments. The demand & consumption of pigments & dyestuff is supported by the growing textile, automotive and other industries in the Asia Pacific region. Fine chemical industry is also growing in the Asia Pacific region, especially in the countries such as India & China, which in turn is expected propel the demand mesitylene as it used as precursor for various fine chemicals. Matured market regions such as Europe & North America are estimated to witness comparatively sluggish growth owing to the increasing number of stringent government regulations. Regions such as Latin America and the Middle East & Africa are expected to be potential new market for mesitylene, owing to the decent growth of end use industries forecasted over the coming decade.

Global Mesitylene Market: Key Market Participants

Examples of some of the market participants operating in the global mesitylene market are:

Dow Inc., EMD Performance Materials, Refinery of Sinopec Jinling, Versalis Eni Chem., Jiangsu Jiuri Chemical Co., Ltd., Mitsubishi Gas Chemical Company Inc., Nantong Dingji Chemical Technology Co., Ltd., Toyo Gosei Co., Ltd, and Jurong Anbei Chemical Co., Ltd., among others.

The Mesitylene market research report presents a comprehensive assessment of the Mesitylene market and contains thoughtful insights, facts, and historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Mesitylene market research report provides analysis and information according to Mesitylene market segments such as geographies, application and industry.

The report covers exhaustive analysis on,

  • Mesitylene Market Segments
  • Mesitylene  Market Dynamics
  • Mesitylene  Market Size
  • Mesitylene Supply & Demand Scenario
  • Current Trends/Issues/Challenges in Mesitylene market
  • Competition & Companies involved in Mesitylene market
  • Technology used in Mesitylene Market
  • Value Chain of Mesitylene Market

The Mesitylene Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with Mesitylene market attractiveness as per segments. The report also maps the qualitative impact of various market factors on Mesitylene market segments and geographies.

Report Highlights:

  • Detailed overview of parent market
  • Changing Mesitylene market dynamics in the industry
  • In-depth Mesitylene market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape in Mesitylene market
  • Strategies of key players and products offered in Mesitylene market
  • Potential and niche segments, geographical regions exhibiting promising
  • A neutral perspective on Mesitylene market performance
  • Must-have information for market players to sustain and enhance their market footprint

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.