The 2-methylpropylbenzene (isobutyl benzene) is expected to grow significantly during the forecast owing to the increasing demand from numerous end user industries such as chemical, pharmaceuticals, personal care and many more. Moreover, the growing industrial and pharmaceutical manufacturing industries are expected to enhance the growth of the market. Apart from that, 2-methylpropylbenzene (isobutyl benzene) is used in the production of Ibuprofen and perfumes, improving the market's expansion during the forecast period.
Data Bridge Market Research analyses that the 2-methylpropylbenzene (isobutyl benzene) market is expected to reach USD 165.25 million by 2030, which is USD 108.50 million in 2022, registering a CAGR of 5.40% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Market Definition
2-Methylpropylbenzene (Isobutyl Benzene) is an organic, neutral, aromatic, and colourless liquid chemical compound with a specific gravity of about 0.852. It is also well-known as 2-methylpropylbenzene. Isobutyl benzene is a colourless chemical compound with a chemical formula C10H14. It is manufactured out of potassium carbonate, toluene, propylene, methanol sodium among other chemicals. It is a basic organic raw material that is used widely in the perfume and pharmaceutical industry.
Global 2-Methylpropylbenzene (Isobutyl Benzene) Market Scope
The 2-methylpropylbenzene (isobutyl benzene) market is segmented on the basis of product type and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Pharmaceutical Grade
- Industrial Grade
- Bio Grade
End User
- Pharmaceuticals
- Coatings
- Surfactants
- Others
2-Methylpropylbenzene (Isobutyl Benzene) Market Regional Analysis/Insights
The 2-methylpropylbenzene (isobutyl benzene) market is analyzed and market size insights and trends are provided by country, product type and end user as referenced above.
The countries covered in the 2-methylpropylbenzene (isobutyl benzene) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific is expected to dominate the 2-methylpropylbenzene (isobutyl benzene) market owing to high production of isobutyl benzene in India and China. These are some major countries expected to be the major markets for isobutyl benzene market in this region.
North America is expected to be the fastest developing region during the forecast period of 2023-2030 owing to growing demand for 2-methylpropylbenzene (isobutyl benzene) in pharmaceutical sector in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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Competitive Landscape and 2-Methylpropylbenzene (Isobutyl Benzene) Market Share Analysis
The 2-methylpropylbenzene (isobutyl benzene) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to 2-methylpropylbenzene (isobutyl benzene) market.
Some of the major players operating in the 2-methylpropylbenzene (isobutyl benzene) market are:
- Thermo Fisher Scientific (U.S.)
- Merck KGaA (U.S.)
- TCI Chemicals (India) Pvt. Ltd. (Japan)
- IOL (India)
- SI Group, Inc. (U.S.)
- Vizag Chemicals (India)
- Vinati Organics Limited (India)
- Shandong Xinhua Pharma (China)
- Ralington Pharma (India)
- SynQuest Laboratories (U.S.)
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Global 2K Protective Coatings Market – Industry Trends, Business Insights, Latest Revenues, Regional Outlook and Forecast to 2028
The winning 2K Protective Coatings market study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness. The market survey report gives the details about market trends, future prospects, market restraints, leading market drivers, several market segments, key developments, key players in the market, and competitor strategies. To understand the competitive landscape in the market, an analysis of Porter’s five forces model for the market has also been included. Furthermore, businesses can decide upon the strategies about the product, customer, key player, sales, promotion or marketing by acquiring a detailed analysis of competitive markets via 2K Protective Coatings report.
An international 2K Protective Coatings market research report examines competitive companies and manufacturers in the global market. It studies market by product type, applications and growth factors. Moreover, industry status and outlook for major applications, end users, and usage area is also included for the market study. This market document puts light on various aspects of marketing research that range from important industry trends, market size, market share estimates, sales volume, emerging trends, product consumption, customer preferences, historic data along with future forecast and key player analysis. An unswerving 2K Protective Coatings report has answers to many important questions that companies may have when operating in the 2K Protective Coatings industry.
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2K Protective Coatings Market Scope and Market Size
2K protective coatings market is segmented on the basis of resin type and end-use industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on resin type, the 2K protective coatings market is segmented into epoxy, alkyd, polyurethane and acrylic.
The 2K protective coatings market is also segmented on the basis of end-use industry into cargo containers, marine, oil gas, power generation, waste water treatment and petrochemical.
Competitive Landscape and 2K Protective Coatings Market Share Analysis
2K protective coatings market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to 2K protective coatings market.
The major players covered in the 2K protective coatings market report are Akzo Nobel N.V, PPG Industries, Inc, The Sherwin-Williams Company, Jotun, Hempel A/S, Chugoku Marine Paints, Ltd, Kansai Paint Co.,Ltd, Sika AG, RPM International Inc, Valspar, Vitro, Dunn-Edwards Corporation, Tikkurila, Teknos Group, BASF SE, Henkel Adhesives Technologies India Private Limited, Benjamin Moore Co, Kelly-Moore Paints, Berger Paints, Cloverdale Paint Inc., Duluxgroup Ltd, NOROO Paint Coatings co.,Ltd. and PARKER HANNIFIN CORP among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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2K Protective Coatings Market Country Level Analysis
2K protective coatings market is analysed and market size, volume information is provided by resin type and end-use industry as referenced above.
The countries covered in the 2K protective coatings market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the drilling fluid additives market due to rise in the environmental concerns and rise in the research and development activities in this region.
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