1,2,4-Trimethylbenzene, a flammable colorless liquid with a strong odor, occurs naturally in coal tar and petroleum. It is a major component (typically 40%) of a petroleum refinery distillation fraction known as the C9 aromatic fraction (or simply the C9 fraction).
Trimellitic anhydride is the largest application of 1,2,4-trimethylbenzene, others applications include mesitylene and so on. With increasing demand from downstream industry, 1,2,4-trimethylbenzene production shows continuous upward trend in the recent few years. FHR, Eni, Jiangsu Zhengdan, Nanjing Refinery and so on are among of key players in 1,2,4-trimethylbenzene industry at the moment.
Compared with foreign giants, 1,2,4-trimethylbenzene produced by Chinese manufacturers still has a certain performance gap. Chinese 1,2,4-trimethylbenzene manufacturers should be dedicated to improving their technology and narrowing down the performance gap with foreign giants. Besides, stimulated by downstream demand, 1,2,4-trimethylbenzene production in China will be released further in the coming years as some companies have add investments on their 1,2,4-trimethylbenzene businesses.
We tend to believe that this industry still has a bright future, considering the current demand. As for product prices, the slow downward trend in recent years will continue in the next few years, since competition intensifies. Similarly, there will be fluctuations in gross margin.
The report offers detailed coverage of 1,2,4-Trimethylbenzene industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading 1,2,4-Trimethylbenzene by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global 1,2,4-Trimethylbenzene market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global 1,2,4-Trimethylbenzene market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
FHR
Eni
Nanjing Refinery
Xinjiang Tianli
Jinyang Chemical
Jiangsu Hualun
Jinling Petrochemical
Lanzhou Petrochemical
Jiangsu Zhengdan
At the same time, we classify 1,2,4-Trimethylbenzene according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Type I
Type II
Market by Application
Trimellitic Anhydride
1,3,5-Trimethylbenzene
Durene
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the 1,2,4-Trimethylbenzene market for the forecast period 2021 - 2025?
• What are the driving forces in the 1,2,4-Trimethylbenzene market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the 1,2,4-Trimethylbenzene industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?