1,4-Diethylbenzene market to rise at 5.1% CAGR till 2027

2022-05-09 12:23:02 UTC | Chemicals & Advanced Materials
1,4-Diethylbenzene market to rise at 5.1% CAGR till 2027
1,4-Diethylbenzene (PDEB, CAS 105-05-5) refers to a chemical compound with the formula C6H4(C2H5)2. It is widely used as a solvent in the Parex process for the production of paraxylene (p-xylene), which is a chemical essential to the process of manufacturing PET plastic bottles and polyester fiber. PDEB is also used for the manufacture of divinylbenzene. According to Gen Consulting Company, global PDEB is expected to grow at compound annual growth rate (CAGR) of about 5% during forecast period 2020-2026. Growing potential for PDEB in p-xylene industry is the chief contributor for the growth of the market. According to latest analysis by Gen Consulting Company, the global 1,4-diethylbenzene market is estimated to increase at the rate of 5.1% each year in the period from 2021 to 2027.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global 1,4-diethylbenzene market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the 1,4-diethylbenzene industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the application, and region. The global market for 1,4-diethylbenzene can be segmented by application: p-xylene production, divinylbenzene. 1,4-diethylbenzene market is further segmented by region: Asia-Pacific, Europe, North America, Middle East and Africa (MEA), South America.

By application:
- p-xylene production
- divinylbenzene

By region:
- Asia-Pacific
- Europe
- North America
- Middle East and Africa (MEA)
- South America

The report explores the recent developments and profiles of key vendors in the Global 1,4-Diethylbenzene Market, including  Jiangsu Danhua Group Co., Ltd., Jiangsu Evergreen Tree New Material Technology Co., Ltd., Jiangsu Zhengdan Chemical Industry Co., Ltd., Reliance Industries Limited, Sinopec Yangzi Petrochemical Co., Ltd., Taiwan Styrene Monomer Corporation, Toray Industries, Inc., among others.

Historical & Forecast Period
This research report provides analysis for each segment from 2017 to 2027 considering 2020 to be the base year.

Read Full Report : https://gen-cons.com/store/global-14-diethylbenzene-market

Scope of the Report
- To analyze and forecast the market size of the global 1,4-diethylbenzene market.
- To classify and forecast the global 1,4-diethylbenzene market based on application, region.
- To identify drivers and challenges for the global 1,4-diethylbenzene market.
- To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global 1,4-diethylbenzene market.
- To identify and analyze the profile of leading players operating in the global 1,4-diethylbenzene market.

Why Choose This Report
- Gain a reliable outlook of the global 1,4-diethylbenzene market forecasts from 2021 to 2027 across scenarios.
- Identify growth segments for investment.
- Stay ahead of competitors through company profiles and market data.
- The market estimate for ease of analysis across scenarios in Excel format.
- Strategy consulting and research support for three months.
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