Posts

Showing posts with the label Mesitylene Market Analysis

Mesitylene Market Growth Accelerated by Increased Demand from Chemical Intermediates Industry

Image
  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

Harnessing Innovation in the Mesitylene Market: Technology and Product Advancements

Image
  Market Overview: Mesitylene, also known as 1,3,5-trimethylbenzene, is an aromatic hydrocarbon. It is a colorless liquid that is widely used as a precursor in various industries such as solvents, gasoline additives, construction chemicals, and others. Market Dynamics: The demand for mesitylene is projected to increase significantly owing to expanding solvent applications in the paints & coatings industry. Mesitylene is primarily used as a solvent in paints & coatings due to its ideal evaporation rate and low odor. It is employed in formulations to decrease surface tension and improve adhesion. Furthermore, mesitylene also finds application as a gasoline additive to enhance the octane number. The growing petrochemical industry along with expansion of gasoline additive application is anticipated to propel the mesitylene market growth over the forecast period 2023-2030. Major Driver: High demand from technical textiles industry boosting mesitylene market growth The technical text