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1,3-Diisopropylbenzene Global Market Insights 2024, Analysis and Forecast to 2029, by Manufacturers, Regions, Technology, Application

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    Report

  • 71 Pages
  • November 2024
  • Region: Global
  • Prof Research
  • ID: 5726173
The 1,3-Diisopropylbenzene market is characterized by the increasing demand from various sectors, including chemical manufacturing and pharmaceuticals. As derivatives of benzene, diisopropylbenzenes are being utilized for their excellent solvent properties and functional groups that allow for various chemical reactions. The global market dynamics are influenced by factors such as industrial applications, technological advancements in production, and regulatory frameworks that affect manufacturing standards.

Market Size, Share & Trends Analysis Report

As of 2023, the 1,3-Diisopropylbenzene market is valued at approximately USD 180 million, with projections indicating substantial growth. The compound is expected to reach a market value of around USD 300 million by 2029, reflecting a compound annual growth rate (CAGR) of around 8% during the forecast period.

The market share is primarily dominated by key applications in chemical intermediates and manufacturing, with a significant contribution from the automotive and aerospace industries, where it is utilized in specific chemical formulations.

Market Trends

  • The increasing trend toward sustainable and environmentally friendly industrial processes is driving innovations in production techniques.
  • Growing demand for high purity grades of diisopropylbenzenes in pharmaceutical applications is influencing market dynamics.
  • The expansion of end-use industries in emerging economies is expected to create new opportunities for market growth.

By Product Type

The market for 1,3-Diisopropylbenzene can be segmented based on product type into:

  1. High Purity Grade
  2. Industrial Grade
The high purity grade segment holds a significant market share due to its extensive utilization in pharmaceuticals and specialized chemical applications. The industrial grade, while also important, tends to see more fluctuations in demand depending on economic conditions and sector growth.

By Key Players

The major players operating in the 1,3-Diisopropylbenzene market include:
  • Repsol
  • Benzene International
  • Mitsui Chemicals
  • Eastman Chemical Company
  • Iris Chemical
These companies are focusing on research and development to enhance product quality and expand their market foothold through strategic partnerships and acquisitions.

By Process

The 1,3-Diisopropylbenzene market can also be categorized based on process types:
  • Direct Alkylation
  • Friedel-Crafts Reaction
Innovations in production processes, particularly advancements in catalytic systems, are enhancing the efficiency and cost-effectiveness of the manufacturing of diisopropylbenzenes.

By Application

The various applications for 1,3-Diisopropylbenzene include:
  • Chemical Intermediates
  • Solvents
  • Resins and Coatings
  • Pharmaceuticals
The increasing use in pharmaceutical applications is expected to drive the market, alongside a burgeoning demand for high-quality solvents in the paint and coatings industries.

By End-Use

In this market, end-use segments include:
  • Automotive
  • Aerospace
  • Pharmaceutical
  • Building and Construction
With automotive and aerospace industries growing significantly, the demand for 1,3-Diisopropylbenzene as a key ingredient in various formulations is also increasing, creating a positive outlook for the market.

By Region

The regional analysis of the 1,3-Diisopropylbenzene market shows significant variation in demand and production capabilities:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
The Asia Pacific region is expected to witness the highest growth rate, driven by industrial expansion and increasing investments in chemical manufacturing.

Market News on Policy and Companies

With ongoing changes in global policies regarding chemical manufacturing and environmental protections, key players are adapting to ensure compliance while enhancing their production capabilities. In 2023, several companies have reported major investments in sustainable practices, aligning with the global green chemistry initiative. This reflects a broader trend within the industry as companies seek to mitigate their environmental footprint while maintaining market competitiveness.

Segment Forecasts (2024-2029)

Forecasts indicate continued growth for the 1,3-Diisopropylbenzene market, with increasing demand across sectors. The market is projected to witness:
  • A significant rise in high purity grade product usage, especially in pharmaceuticals, estimating a growth of 10% CAGR.
  • A steady demand for industrial grades, with around 6% CAGR as economic cycles influence industrial output.
  • Strong growth in the Asia Pacific region, with potential market establishment in emerging economies expected to drive demand by more than 12% CAGR.
The future of the 1,3-Diisopropylbenzene market looks promising, driven by innovation and responsive adaptations to industry demands.


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Table of Contents

Chapter 1 Executive SummaryChapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 1,3-Diisopropylbenzene Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Trading Analysis
8.1 Export of 1,3-Diisopropylbenzene by Region
8.2 Import of 1,3-Diisopropylbenzene by Region
8.3 Balance of Trade
Chapter 9 Historical and Forecast 1,3-Diisopropylbenzene Market in North America (2019-2029)
9.1 1,3-Diisopropylbenzene Market Size
9.2 1,3-Diisopropylbenzene Demand by End Use
9.3 Competition by Players/Suppliers
9.4 Type Segmentation and Price
9.5 Key Countries Analysis
9.5.1 United States
9.5.2 Canada
9.5.3 Mexico
Chapter 10 Historical and Forecast 1,3-Diisopropylbenzene Market in South America (2019-2029)
10.1 1,3-Diisopropylbenzene Market Size
10.2 1,3-Diisopropylbenzene Demand by End Use
10.3 Competition by Players/Suppliers
10.4 Type Segmentation and Price
10.5 Key Countries Analysis
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Chile
10.5.4 Peru
Chapter 11 Historical and Forecast 1,3-Diisopropylbenzene Market in Asia & Pacific (2019-2029)
11.1 1,3-Diisopropylbenzene Market Size
11.2 1,3-Diisopropylbenzene Demand by End Use
11.3 Competition by Players/Suppliers
11.4 Type Segmentation and Price
11.5 Key Countries Analysis
11.5.1 China
11.5.2 India
11.5.3 Japan
11.5.4 South Korea
11.5.5 Southeast Asia
11.5.6 Australia
Chapter 12 Historical and Forecast 1,3-Diisopropylbenzene Market in Europe (2019-2029)
12.1 1,3-Diisopropylbenzene Market Size
12.2 1,3-Diisopropylbenzene Demand by End Use
12.3 Competition by Players/Suppliers
12.4 Type Segmentation and Price
12.5 Key Countries Analysis
12.5.1 Germany
12.5.2 France
12.5.3 United Kingdom
12.5.4 Italy
12.5.5 Spain
12.5.6 Belgium
12.5.7 Netherlands
12.5.8 Austria
12.5.9 Poland
12.5.10 Russia
Chapter 13 Historical and Forecast 1,3-Diisopropylbenzene Market in MEA (2019-2029)
13.1 1,3-Diisopropylbenzene Market Size
13.2 1,3-Diisopropylbenzene Demand by End Use
13.3 Competition by Players/Suppliers
13.4 Type Segmentation and Price
13.5 Key Countries Analysis
13.5.1 Egypt
13.5.2 Israel
13.5.3 South Africa
13.5.4 Gulf Cooperation Council Countries
13.5.5 Turkey
Chapter 14 Summary For Global 1,3-Diisopropylbenzene Market (2019-2024)
14.1 1,3-Diisopropylbenzene Market Size
14.2 1,3-Diisopropylbenzene Demand by End Use
14.3 Competition by Players/Suppliers
14.4 Type Segmentation and Price
Chapter 15 Global 1,3-Diisopropylbenzene Market Forecast (2024-2029)
15.1 1,3-Diisopropylbenzene Market Size Forecast
15.2 1,3-Diisopropylbenzene Demand Forecast
15.3 Competition by Players/Suppliers
15.4 Type Segmentation and Price Forecast
Chapter 16 Analysis of Global Key Vendors
16.1 Eastman
16.1.1 Company Profile
16.1.2 Main Business and 1,3-Diisopropylbenzene Information
16.1.3 SWOT Analysis of Eastman
16.1.4 Eastman 1,3-Diisopropylbenzene Sales, Revenue, Price and Gross Margin (2019-2024)
16.2 Goodyear Chemical
16.2.1 Company Profile
16.2.2 Main Business and 1,3-Diisopropylbenzene Information
16.2.3 SWOT Analysis of Goodyear Chemical
16.2.4 Goodyear Chemical 1,3-Diisopropylbenzene Sales, Revenue, Price and Gross Margin (2019-2024)
List of Tables and Figures
Table Abbreviation and Acronyms List
Table Research Scope of 1,3-Diisopropylbenzene Report
Table Data Sources of 1,3-Diisopropylbenzene Report
Table Major Assumptions of 1,3-Diisopropylbenzene Report
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure 1,3-Diisopropylbenzene Picture
Table 1,3-Diisopropylbenzene Classification
Table 1,3-Diisopropylbenzene Applications List
Table Drivers of 1,3-Diisopropylbenzene Market
Table Restraints of 1,3-Diisopropylbenzene Market
Table Opportunities of 1,3-Diisopropylbenzene Market
Table Threats of 1,3-Diisopropylbenzene Market
Table Raw Materials Suppliers List
Table Different Production Methods of 1,3-Diisopropylbenzene
Table Cost Structure Analysis of 1,3-Diisopropylbenzene
Table Key End Users List
Table Latest News of 1,3-Diisopropylbenzene Market
Table Merger and Acquisition List
Table Planned/Future Project of 1,3-Diisopropylbenzene Market
Table Policy of 1,3-Diisopropylbenzene Market
Table 2019-2029 Regional Export of 1,3-Diisopropylbenzene
Table 2019-2029 Regional Import of 1,3-Diisopropylbenzene
Table 2019-2029 Regional Trade Balance
Figure 2019-2029 Regional Trade Balance
Table 2019-2029 North America 1,3-Diisopropylbenzene Market Size and Market Volume List
Figure 2019-2029 North America 1,3-Diisopropylbenzene Market Size and CAGR
Figure 2019-2029 North America 1,3-Diisopropylbenzene Market Volume and CAGR
Table 2019-2029 North America 1,3-Diisopropylbenzene Demand List by Application
Table 2019-2024 North America 1,3-Diisopropylbenzene Key Players Sales List
Table 2019-2024 North America 1,3-Diisopropylbenzene Key Players Market Share List
Table 2019-2029 North America 1,3-Diisopropylbenzene Demand List by Type
Table 2019-2024 North America 1,3-Diisopropylbenzene Price List by Type
Table 2019-2029 United States 1,3-Diisopropylbenzene Market Size and Market Volume List
Table 2019-2029 United States 1,3-Diisopropylbenzene Import & Export List
Table 2019-2029 Canada 1,3-Diisopropylbenzene Market Size and Market Volume List
Table 2019-2029 Canada 1,3-Diisopropylbenzene Import & Export List
Table 2019-2029 Mexico 1,3-Diisopropylbenzene Market Size and Market Volume List
Table 2019-2029 Mexico 1,3-Diisopropylbenzene Import & Export List
Table 2019-2029 South America 1,3-Diisopropylbenzene Market Size and Market Volume List
Figure 2019-2029 South America 1,3-Diisopropylbenzene Market Size and CAGR
Figure 2019-2029 South America 1,3-Diisopropylbenzene Market Volume and CAGR
Table 2019-2029 South America 1,3-Diisopropylbenzene Demand List by Application
Table 2019-2024 South America 1,3-Diisopropylbenzene Key Players Sales List
Table 2019-2024 South America 1,3-Diisopropylbenzene Key Players Market Share List
Table 2019-2029 South America 1,3-Diisopropylbenzene Demand List by Type
Table 2019-2024 South America 1,3-Diisopropylbenzene Price List by Type
Table 2019-2029 Brazil 1,3-Diisopropylbenzene Market Size and Market Volume List
Table 2019-2029 Brazil 1,3-Diisopropylbenzene Import & Export List
Table 2019-2029 Argentina 1,3-Diisopropylbenzene Market Size and Market Volume List
Table 2019-2029 Argentina 1,3-Diisopropylbenzene Import & Export List
Table 2019-2029 Chile 1,3-Diisopropylbenzene Market Size and Market Volume List
Table 2019-2029 Chile 1,3-Diisopropylbenzene Import & Export List
Table 2019-2029 Peru 1,3-Diisopropylbenzene Market Size and Market Volume List
Table 2019-2029 Peru 1,3-Diisopropylbenzene Import & Export List
Table 2019-2029 Asia & Pacific 1,3-Diisopropylbenzene Market Size and Market Volume List
Figure 2019-2029 Asia & Pacific 1,3-Diisopropylbenzene Market Size and CAGR
Figure 2019-2029 Asia & Pacific 1,3-Diisopropylbenzene Market Volume and CAGR
Table 2019-2029 Asia & Pacific 1,3-Diisopropylbenzene Demand List by Application
Table 2019-2024 Asia & Pacific 1,3-Diisopropylbenzene Key Players Sales List
Table 2019-2024 Asia & Pacific 1,3-Diisopropylbenzene Key Players Market Share List
Table 2019-2029 Asia & Pacific 1,3-Diisopropylbenzene Demand List by Type
Table 2019-2024 Asia & Pacific 1,3-Diisopropylbenzene Price List by Type
Table 2019-2029 China 1,3-Diisopropylbenzene Market Size and Market Volume List
Table 2019-2029 China 1,3-Diisopropylbenzene Import & Export List
Table 2019-2029 India 1,3-Diisopropylbenzene Market Size and Market Volume List
Table 2019-2029 India 1,3-Diisopropylbenzene Import & Export List
Table 2019-2029 Japan 1,3-Diisopropylbenzene Market Size and Market Volume List
Table 2019-2029 Japan 1,3-Diisopropylbenzene Import & Export List
Table 2019-2029 South Korea 1,3-Diisopropylbenzene Market Size and Market Volume List
Table 2019-2029 South Korea 1,3-Diisopropylbenzene Import & Export List
Table 2019-2029 Southeast Asia 1,3-Diisopropylbenzene Market Size List
Table 2019-2029 Southeast Asia 1,3-Diisopropylbenzene Market Volume List
Table 2019-2029 Southeast Asia 1,3-Diisopropylbenzene Import List
Table 2019-2029 Southeast Asia 1,3-Diisopropylbenzene Export List
Table 2019-2029 Australia 1,3-Diisopropylbenzene Market Size and Market Volume List
Table 2019-2029 Australia 1,3-Diisopropylbenzene Import & Export List
Table 2019-2029 Europe 1,3-Diisopropylbenzene Market Size and Market Volume List
Figure 2019-2029 Europe 1,3-Diisopropylbenzene Market Size and CAGR
Figure 2019-2029 Europe 1,3-Diisopropylbenzene Market Volume and CAGR
Table 2019-2029 Europe 1,3-Diisopropylbenzene Demand List by Application
Table 2019-2024 Europe 1,3-Diisopropylbenzene Key Players Sales List
Table 2019-2024 Europe 1,3-Diisopropylbenzene Key Players Market Share List
Table 2019-2029 Europe 1,3-Diisopropylbenzene Demand List by Type
Table 2019-2024 Europe 1,3-Diisopropylbenzene Price List by Type
Table 2019-2029 Germany 1,3-Diisopropylbenzene Market Size and Market Volume List
Table 2019-2029 Germany 1,3-Diisopropylbenzene Import & Export List
Table 2019-2029 France 1,3-Diisopropylbenzene Market Size and Market Volume List
Table 2019-2029 France 1,3-Diisopropylbenzene Import & Export List
Table 2019-2029 United Kingdom 1,3-Diisopropylbenzene Market Size and Market Volume List
Table 2019-2029 United Kingdom 1,3-Diisopropylbenzene Import & Export List
Table 2019-2029 Italy 1,3-Diisopropylbenzene Market Size and Market Volume List
Table 2019-2029 Italy 1,3-Diisopropylbenzene Import & Export List
Table 2019-2029 Spain 1,3-Diisopropylbenzene Market Size and Market Volume List
Table 2019-2029 Spain 1,3-Diisopropylbenzene Import & Export List
Table 2019-2029 Belgium 1,3-Diisopropylbenzene Market Size and Market Volume List
Table 2019-2029 Belgium 1,3-Diisopropylbenzene Import & Export List
Table 2019-2029 Netherlands 1,3-Diisopropylbenzene Market Size and Market Volume List
Table 2019-2029 Netherlands 1,3-Diisopropylbenzene Import & Export List
Table 2019-2029 Austria 1,3-Diisopropylbenzene Market Size and Market Volume List
Table 2019-2029 Austria 1,3-Diisopropylbenzene Import & Export List
Table 2019-2029 Poland 1,3-Diisopropylbenzene Market Size and Market Volume List
Table 2019-2029 Poland 1,3-Diisopropylbenzene Import & Export List
Table 2019-2029 Russia 1,3-Diisopropylbenzene Market Size and Market Volume List
Table 2019-2029 Russia 1,3-Diisopropylbenzene Import & Export List
Table 2019-2029 MEA 1,3-Diisopropylbenzene Market Size and Market Volume List
Figure 2019-2029 MEA 1,3-Diisopropylbenzene Market Size and CAGR
Figure 2019-2029 MEA 1,3-Diisopropylbenzene Market Volume and CAGR
Table 2019-2029 MEA 1,3-Diisopropylbenzene Demand List by Application
Table 2019-2024 MEA 1,3-Diisopropylbenzene Key Players Sales List
Table 2019-2024 MEA 1,3-Diisopropylbenzene Key Players Market Share List
Table 2019-2029 MEA 1,3-Diisopropylbenzene Demand List by Type
Table 2019-2024 MEA 1,3-Diisopropylbenzene Price List by Type
Table 2019-2029 Egypt 1,3-Diisopropylbenzene Market Size and Market Volume List
Table 2019-2029 Egypt 1,3-Diisopropylbenzene Import & Export List
Table 2019-2029 Israel 1,3-Diisopropylbenzene Market Size and Market Volume List
Table 2019-2029 Israel 1,3-Diisopropylbenzene Import & Export List
Table 2019-2029 South Africa 1,3-Diisopropylbenzene Market Size and Market Volume List
Table 2019-2029 South Africa 1,3-Diisopropylbenzene Import & Export List
Table 2019-2029 Gulf Cooperation Council Countries 1,3-Diisopropylbenzene Market Size and Market Volume List
Table 2019-2029 Gulf Cooperation Council Countries 1,3-Diisopropylbenzene Import & Export List
Table 2019-2029 Turkey 1,3-Diisopropylbenzene Market Size and Market Volume List
Table 2019-2029 Turkey 1,3-Diisopropylbenzene Import & Export List
Table 2019-2024 Global 1,3-Diisopropylbenzene Market Size List by Region
Table 2019-2024 Global 1,3-Diisopropylbenzene Market Size Share List by Region
Table 2019-2024 Global 1,3-Diisopropylbenzene Market Volume List by Region
Table 2019-2024 Global 1,3-Diisopropylbenzene Market Volume Share List by Region
Table 2019-2024 Global 1,3-Diisopropylbenzene Demand List by Application
Table 2019-2024 Global 1,3-Diisopropylbenzene Demand Market Share List by Application
Table 2019-2024 Global 1,3-Diisopropylbenzene Capacity List
Table 2019-2024 Global 1,3-Diisopropylbenzene Key Vendors Capacity Share List
Table 2019-2024 Global 1,3-Diisopropylbenzene Key Vendors Production List
Table 2019-2024 Global 1,3-Diisopropylbenzene Key Vendors Production Share List
Figure 2019-2024 Global 1,3-Diisopropylbenzene Capacity Production and Growth Rate
Table 2019-2024 Global 1,3-Diisopropylbenzene Key Vendors Production Value List
Figure 2019-2024 Global 1,3-Diisopropylbenzene Production Value and Growth Rate
Table 2019-2024 Global 1,3-Diisopropylbenzene Key Vendors Production Value Share List
Table 2019-2024 Global 1,3-Diisopropylbenzene Demand List by Type
Table 2019-2024 Global 1,3-Diisopropylbenzene Demand Market Share List by Type
Table 2019-2024 Regional 1,3-Diisopropylbenzene Price List
Table 2024-2029 Global 1,3-Diisopropylbenzene Market Size List by Region
Table 2024-2029 Global 1,3-Diisopropylbenzene Market Size Share List by Region
Table 2024-2029 Global 1,3-Diisopropylbenzene Market Volume List by Region
Table 2024-2029 Global 1,3-Diisopropylbenzene Market Volume Share List by Region
Table 2024-2029 Global 1,3-Diisopropylbenzene Demand List by Application
Table 2024-2029 Global 1,3-Diisopropylbenzene Demand Market Share List by Application
Table 2024-2029 Global 1,3-Diisopropylbenzene Capacity List
Table 2024-2029 Global 1,3-Diisopropylbenzene Key Vendors Capacity Share List
Table 2024-2029 Global 1,3-Diisopropylbenzene Key Vendors Production List
Table 2024-2029 Global 1,3-Diisopropylbenzene Key Vendors Production Share List
Figure 2024-2029 Global 1,3-Diisopropylbenzene Capacity Production and Growth Rate
Table 2024-2029 Global 1,3-Diisopropylbenzene Key Vendors Production Value List
Figure 2024-2029 Global 1,3-Diisopropylbenzene Production Value and Growth Rate
Table 2024-2029 Global 1,3-Diisopropylbenzene Key Vendors Production Value Share List
Table 2024-2029 Global 1,3-Diisopropylbenzene Demand List by Type
Table 2024-2029 Global 1,3-Diisopropylbenzene Demand Market Share List by Type
Table 2024-2029 1,3-Diisopropylbenzene Regional Price List
Table Eastman Information
Table SWOT Analysis of Eastman
Table 2019-2024 Eastman 1,3-Diisopropylbenzene Product Capacity Production Price Cost Production Value
Figure 2019-2024 Eastman 1,3-Diisopropylbenzene Capacity Production and Growth Rate
Figure 2019-2024 Eastman 1,3-Diisopropylbenzene Market Share
Table Goodyear Chemical Information
Table SWOT Analysis of Goodyear Chemical
Table 2019-2024 Goodyear Chemical 1,3-Diisopropylbenzene Product Capacity Production Price Cost Production Value
Figure 2019-2024 Goodyear Chemical 1,3-Diisopropylbenzene Capacity Production and Growth Rate
Figure 2019-2024 Goodyear Chemical 1,3-Diisopropylbenzene Market Share

Companies Mentioned

  • Eastman
  • Goodyear Chemical