Mesitylene Market Growth Accelerated by Increased Demand from Chemical Intermediates Industry
Mesitylene is an aromatic hydrocarbon compound that is used as a solvent and an intermediate in the production of various chemicals. It finds wide applications in fields such as agrochemicals, electronics, pharmaceuticals, lubricants, and fragrances. Due to its versatility and excellent solvent properties, Mesitylene is used as a solvent for resins, waxes, oils, alkaloids, and coloring matters. It helps in lowering the freezing point of asphalt cement and is also used as a concrete additive and adhesive solvent. The global Mesitylene Market is estimated to be valued at US$ 2,814.8 Mn in 2023 and is expected to exhibit a CAGR of 3.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends Increased demand from chemical intermediates industry: Mesitylene is used as an important chemical intermediate in the manufacturing of various agrochemicals and pharmaceutical intermediates. It acts as a raw material for many in