Market Overview:
Durene is a 1,2,4,5-tetramethylbenzene. It is an organic compound. Durene is a colorless solid, which has a sweet odor. It is slightly hazardous when integrated into excessive quantities. It is used for manufacturing curing agents, adhesives and coating materials. It is also used for manufacturing of raw materials for engineering plastics and crosslinking agent for alkyd resins.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Sigma-Aldrich (United States), Thermo Fisher Scientific (United States), Merck Millipore (United States), Puyang Shenghuade Chemical Co., Ltd. (China), TCI Chemicals (Japan), Changshu Alliance Chemical Co., Ltd. (China) and Jiangsu Hualun Chemical Industry Co., Ltd (China) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility |
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Vendors of Durene Market Study:
Sigma-Aldrich (United States), Thermo Fisher Scientific (United States), Merck Millipore (United States), Puyang Shenghuade Chemical Co., Ltd. (China), TCI Chemicals (Japan), Changshu Alliance Chemical Co., Ltd. (China) and Jiangsu Hualun Chemical Industry Co., Ltd (China)
Durene Market Segment Analysis
Scope | Sub-Segments |
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Application / End User | PMDA, Organic Synthesis Intermediates and Other |
Type | Industry Grade and Reagent Grade |
Distribution Channel | Online Channel,Offline Channel |
Durene Market Changing Dynamics
Attributes | Details |
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Growth Drivers | - Increasing Demand from Aerospace and Automotive Industry
- Rising Use in Adhesives and Sealant
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Influencing Trends | - Demand for Innovative Products
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Restraints | - Slightly Toxic in Nature of the Durene
|
Road Blocks / Challenges | - Low Availability in the Market
|
Gaps & Opportunities | - Growing Demand from Developing Countries
- Increasing Demand from End-user Industries
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. The Global Durene market is gaining huge competition due to involvement of Chinese and United States companies that constantly invest in research & development to meet market expectation with new innovation.
Latest Industry Highlights:
In June 2019, Merck achieved an important milestone in the process of acquiring US-based life science company Sigma Aldrich. The shareholders of Sigma Aldrich approved the merger with Merck at a special meeting held at the Sigma Aldrich Life Science and Technology Center in St Louis, Missouri, United States.
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Durene market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Durene market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Durene Manufacturers, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.