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At a CAGR of 6.2% between 2023 and 2030, the global divinylbenzene market is expected to expand from its 2022 valuation of USD 72.99 mln to a peak of USD 105.69 mln.
There has been significant growth and shift in the worldwide divinylbenzene market recently. Ion-exchange resins and chromatography resins are just two examples of the cross-linked polymers that commonly use the chemical component divinylbenzene (DVB). The pharmaceutical, water treatment, petrochemical, and electronic product industries are just a few of the many that find use for these resins. One of the key catalysts fueling growth in the divinylbenzene market is the growing need for high-performance resins in water treatment operations, notably in the elimination of heavy metals and other contaminants.
An additional factor driving up demand for DVB is the growing need for chromatography resins in the healthcare and pharmaceutical industries. The market has been affected by environmental rules that encourage the use of green and efficient purification techniques, many of which make use of DVB-based resins. To meet these exacting requirements, manufacturers have been hard at work developing cutting-edge DVB products.
Demand for process and preparative chromatography systems is rising due to rising healthcare-related R&D activities and rising individual health concerns. Further, the advent of emerging diseases like coronavirus has prompted an uptick in high-end research activities in drug discovery, proteomics, and the translation of basic research into clinical research. Because of this, chromatography methods have become increasingly popular in many areas of study. Therefore, the expansion of the divinylbenzene market can be attributed, in part, to the rising number of scientific studies that call for chromatography resin.
The chemical compound known as divinylbenzene (DVB) is an isomer combination of divinylbenzene and ethylvinylbenzene that has a distinct yellow liquid color. It is constituted of two vinyl groups alongwith an a benzene ring, and is manufactured with the help of thermal dehydrogenation of diethylbenzene. Adhesives, ion exchange resins, elastomers, ceramics, biological materials, coatings, catalysts, pharmaceuticals, and many more can all benefit from the use of divinylbenzene in their production. Divinylbenzene is used in a wide variety of industries, and its popularity is only likely to grow as it finds more uses in production processes.
An in-depth analysis of the worldwide demand for Chemical and Materials, "Global Divinylbenzene Market Analysis to 2028" is available now. The purpose of this study is to give a review of the divinylbenzene industry, including a breakdown of the market by product type, end use, and regional demand. During the predicted time period, the worldwide divinylbenzene market is projected to expand at a rapid rate. The report analyzes important trends and opportunities in the divinylbenzene market and includes vital statistics on the market status of the leading market players.
As a key component in the production of cross-linked polymers and resins, divinylbenzene finds widespread application in ion exchange resins and adsorbent resins. Demand for ion exchange and adsorbent resins will rise alongside the expansion of businesses including pharmaceuticals, water treatment, and electronics, driving up the price of divinylbenzene. The expansion of end-user sectors like automotive, construction, and electronics drives the worldwide divinylbenzene market. DVB is utilized in a wide variety of coatings, adhesives, and composites throughout many sectors. The need for goods based on divinylbenzene rises in tandem with the development of these sectors.
There are environmental issues around the usage of certain chemicals in the production of divinylbenzene and its derivatives. Potential market expansion is hampered by these constraints. As a result of increased scrutiny from governments and regulatory agencies around the world, manufacturers may find it difficult to comply with new regulations concerning the use of potentially hazardous substances. In order to target recommended sustainable practices, producers must invest in greener options and procedures. Divinylbenzene is made from styrene and ethylene, both of which are volatile commodities. The raw material price's instability is a potential market bottleneck. Divinylbenzene production costs may rise as a result of market volatility caused by economic, political, and environmental issues.
Report Coverage
Global Divinylbenzene research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Divinylbenzene report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Divinylbenzene competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Divinylbenzene market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Divinylbenzene market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Divinylbenzene market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Dow Chemical Company (USA), Chevron Phillips Chemical Company (USA), Nippon Steel Chemical Co., Ltd. (Japan), Formosa Plastics Corporation (Taiwan), Eastman Chemical Company (USA), Mitsubishi Chemical Corporation (Japan), LG Chem (South Korea), Sumitomo Chemical Co., Ltd. (Japan), AkzoNobel N.V. (Netherlands), Evonik Industries AG (Germany), Royal Dutch Shell Plc (Netherlands), Sinopec Group (China), Idemitsu Kosan Co., Ltd. (Japan), Honeywell International Inc. (USA), BASF SE (Germany), LyondellBasell Industries N.V. (Netherlands), INEOS Group (Switzerland), Asahi Kasei Corporation (Japan), Solvay S.A. (Belgium), JXTG Holdings, Inc. (Japan), Styron (Trinseo) (USA), PTT Global Chemical Public Company Limited (Thailand), Versalis S.p.A. (Italy), Merck KGaA (Germany), SABIC (Saudi Arabia).
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Divinylbenzene market based on the below-mentioned segments:
Global Divinylbenzene Market, By Type
DVB 50
DVB 63
DVB 80
Others
Global Divinylbenzene market, By Application
Ion Exchange Resins
Chromatographic Resins
Adhesives & Coatings
Ceramics
Plastic & Elastomers
Others
Global Divinylbenzene market, Regional Analysis
There has been significant growth and shift in the worldwide divinylbenzene market recently. Ion-exchange resins and chromatography resins are just two examples of the cross-linked polymers that commonly use the chemical component divinylbenzene (DVB). The pharmaceutical, water treatment, petrochemical, and electronic product industries are just a few of the many that find use for these resins. One of the key catalysts fueling growth in the divinylbenzene market is the growing need for high-performance resins in water treatment operations, notably in the elimination of heavy metals and other contaminants.
An additional factor driving up demand for DVB is the growing need for chromatography resins in the healthcare and pharmaceutical industries. The market has been affected by environmental rules that encourage the use of green and efficient purification techniques, many of which make use of DVB-based resins. To meet these exacting requirements, manufacturers have been hard at work developing cutting-edge DVB products.
Demand for process and preparative chromatography systems is rising due to rising healthcare-related R&D activities and rising individual health concerns. Further, the advent of emerging diseases like coronavirus has prompted an uptick in high-end research activities in drug discovery, proteomics, and the translation of basic research into clinical research. Because of this, chromatography methods have become increasingly popular in many areas of study. Therefore, the expansion of the divinylbenzene market can be attributed, in part, to the rising number of scientific studies that call for chromatography resin.
The chemical compound known as divinylbenzene (DVB) is an isomer combination of divinylbenzene and ethylvinylbenzene that has a distinct yellow liquid color. It is constituted of two vinyl groups alongwith an a benzene ring, and is manufactured with the help of thermal dehydrogenation of diethylbenzene. Adhesives, ion exchange resins, elastomers, ceramics, biological materials, coatings, catalysts, pharmaceuticals, and many more can all benefit from the use of divinylbenzene in their production. Divinylbenzene is used in a wide variety of industries, and its popularity is only likely to grow as it finds more uses in production processes.
An in-depth analysis of the worldwide demand for Chemical and Materials, "Global Divinylbenzene Market Analysis to 2028" is available now. The purpose of this study is to give a review of the divinylbenzene industry, including a breakdown of the market by product type, end use, and regional demand. During the predicted time period, the worldwide divinylbenzene market is projected to expand at a rapid rate. The report analyzes important trends and opportunities in the divinylbenzene market and includes vital statistics on the market status of the leading market players.
As a key component in the production of cross-linked polymers and resins, divinylbenzene finds widespread application in ion exchange resins and adsorbent resins. Demand for ion exchange and adsorbent resins will rise alongside the expansion of businesses including pharmaceuticals, water treatment, and electronics, driving up the price of divinylbenzene. The expansion of end-user sectors like automotive, construction, and electronics drives the worldwide divinylbenzene market. DVB is utilized in a wide variety of coatings, adhesives, and composites throughout many sectors. The need for goods based on divinylbenzene rises in tandem with the development of these sectors.
There are environmental issues around the usage of certain chemicals in the production of divinylbenzene and its derivatives. Potential market expansion is hampered by these constraints. As a result of increased scrutiny from governments and regulatory agencies around the world, manufacturers may find it difficult to comply with new regulations concerning the use of potentially hazardous substances. In order to target recommended sustainable practices, producers must invest in greener options and procedures. Divinylbenzene is made from styrene and ethylene, both of which are volatile commodities. The raw material price's instability is a potential market bottleneck. Divinylbenzene production costs may rise as a result of market volatility caused by economic, political, and environmental issues.
Report Coverage
Global Divinylbenzene research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Divinylbenzene report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Divinylbenzene competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Divinylbenzene market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Dow Chemical Company (USA), Chevron Phillips Chemical Company (USA), Nippon Steel Chemical Co., Ltd. (Japan), Formosa Plastics Corporation (Taiwan), Eastman Chemical Company (USA), Mitsubishi Chemical Corporation (Japan), LG Chem (South Korea), Sumitomo Chemical Co., Ltd. (Japan), AkzoNobel N.V. (Netherlands), Evonik Industries AG (Germany), Royal Dutch Shell Plc (Netherlands), Sinopec Group (China), Idemitsu Kosan Co., Ltd. (Japan), Honeywell International Inc. (USA), BASF SE (Germany), LyondellBasell Industries N.V. (Netherlands), INEOS Group (Switzerland), Asahi Kasei Corporation (Japan), Solvay S.A. (Belgium), JXTG Holdings, Inc. (Japan), Styron (Trinseo) (USA), PTT Global Chemical Public Company Limited (Thailand), Versalis S.p.A. (Italy), Merck KGaA (Germany), SABIC (Saudi Arabia). |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Divinylbenzene Market from 2021 to 2030.
- Market Forecast for Divinylbenzene Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Divinylbenzene competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Divinylbenzene
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Divinylbenzene market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Divinylbenzene market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Dow Chemical Company (USA), Chevron Phillips Chemical Company (USA), Nippon Steel Chemical Co., Ltd. (Japan), Formosa Plastics Corporation (Taiwan), Eastman Chemical Company (USA), Mitsubishi Chemical Corporation (Japan), LG Chem (South Korea), Sumitomo Chemical Co., Ltd. (Japan), AkzoNobel N.V. (Netherlands), Evonik Industries AG (Germany), Royal Dutch Shell Plc (Netherlands), Sinopec Group (China), Idemitsu Kosan Co., Ltd. (Japan), Honeywell International Inc. (USA), BASF SE (Germany), LyondellBasell Industries N.V. (Netherlands), INEOS Group (Switzerland), Asahi Kasei Corporation (Japan), Solvay S.A. (Belgium), JXTG Holdings, Inc. (Japan), Styron (Trinseo) (USA), PTT Global Chemical Public Company Limited (Thailand), Versalis S.p.A. (Italy), Merck KGaA (Germany), SABIC (Saudi Arabia).
Primary Target Market
- Market Players of Divinylbenzene
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Divinylbenzene market based on the below-mentioned segments:
Global Divinylbenzene Market, By Type
DVB 50
DVB 63
DVB 80
Others
Global Divinylbenzene market, By Application
Ion Exchange Resins
Chromatographic Resins
Adhesives & Coatings
Ceramics
Plastic & Elastomers
Others
Global Divinylbenzene market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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