Reports and Data estimates the global 1,2,4-Trimethylbenzene competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2028 as the forecast period. The report offers CAGR and market size for the global 1,2,4-Trimethylbenzene during the forecast period.
The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include Flint Hills Resources, Nanjing Petrochemical Limited, SIMAGCHEM, Xinjiang Tianli, Jinyang Chemical, Jiangsu Hualun Chemical Industry Co. Ltd, Jinling Petrochemical, Lanzhou Petrochemical, Jiangsu Zhengdan Chemical Industry Co., Ltd., AKW Group, Alfa Aesar, DHC Solvent Chemie GmbH, Others
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1,2,4-Trimethylbenzene Overview :-
The global 1,2,4-trimethylbenzene market size was significantly robust in 2020 and is expected to register a steady revenue CAGR over the forecast period. Key factors driving market revenue growth are increasing use of this chemical in adhesives, coatings, inks, toner, lubricants, leather treatment products, polishes, waxes, and other goods. Due to increased demand from the petroleum sector due to higher need for gasoline additives, it is also employed as a solvent, as well as a paint and lacquer thinner in the manufacture of colors, and in the production of prescription medicines.
Trimethylbenzene is an aromatic compound that is a part of the trimethylbenzene family of chemical substances. Crude, gasoline emissions, coal tar pitches, petroleum refining emissions, and some vegetable oils may all include it. Trimellitic anhydride is made primarily with this chemical. Following distilling, fractional distillation could be used to create a blend of trimethyl benzenes. Trimellitic anhydride is widely used as a raw material in the production of paints and coatings, resins, and as a binding for glass fibers and aggregates, and demand for it is rapidly increasing.
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For the purpose of this report Reports and Data has segmented global 1,2,4-Trimethylbenzene market on the basis of type, application, and region:
Product Type Outlook (Revenue, USD Billion; 2018-2028)
· Trimellitic Anhydride
End-use Outlook (Revenue, USD Billion; 2018-2028)
· Solvents (Paints, Dye, Coating solution, thinner, etc.)
Key Regional Markets Covered in the Report:
· North America (U.S.A., Canada, Mexico)
· Europe (Italy, U.K., Germany, France, Rest of Europe)
· Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
· Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
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Key Questions answered by the Report:
· What is the expected year-on-year growth of the 1,2,4-Trimethylbenzene during the forecast period?
· What key trends are expected influence revenue growth of the market going ahead?
· Which region is expected to account for largest revenue share over the forecast period?
· Which key companies are profiled in the report?
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About Reports and Data
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