Mesitylene Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2029
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:
The global mesitylene market is segmented on the basis of its application as:
The global mesitylene market is segmented on the basis of its end use as:
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,
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.
This study provides a particularized anatomy according to the L.E.A.P mechanism
The regional analysis offers market assays across:
The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.
Latest Trends and Cardinal Growth Prospects
The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.
Existing and Future Insights in Growth
The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.
Ascensions in Technology
Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.
The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.
The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.
An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.
The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!
This report is the key to questions such as:
What are the prominent factors that will help in reshaping the market growth?
Which trends have the potential to bring expansive growth for the market?
What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?
Which regions will emerge as champion growth contributors for the market?
Which aspects will serve as game-changers for the market?
What are the latest innovations in the market?
Which factors will hinder the growth of the market?
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