3,5-dimethylphenol, molecular formula C8H10O, melting point 63-66℃ and boiling point 222℃, is an important organic compound.
According to different uses and quality standards, 3,5-dimethylphenol can usually be classified into two categories: industrial grade and medical grade. Among them, industrial-grade 3,5-dimethylphenol dominates. According to our research data, the global production of industrial-grade 3,5-dimethylphenol is expected to reach 8861 tons in 2023, accounting for an estimated 79.36% of the total production; It is expected that its market revenue will reach $73 million, with an estimated revenue share of 71.57%.
As a chemical intermediate, 3,5-dimethylphenol is widely used in industries, pharmaceuticals, pesticides, daily chemicals, and other fields. In the industrial field, 3,5-dimethylphenol can be used to synthesize rubber accelerators, antioxidants, fuels, advanced inks, coatings, plasticizers, artificial rubber explosives, lubricants, additives, etc; In the agricultural field, 3,5-dimethylphenol can be used to produce insecticides; In the field of daily chemicals, 3,5-dimethylphenol is often used to produce antioxidants, fungicides, drugs, spices, etc. Research has shown that the segmented field of disinfectants is the largest downstream application market for 3,5-dimethylphenol. In 2023, the consumption of 3,5-dimethylphenol in the field of disinfectants is expected to reach 7000 tons, accounting for an estimated 62.69% of the total consumption.
Global 3,5-Dimethylphenol Market Revenue Forecast and Market Share by Type and Application
Source: www.globalmarketmonitor.com
Based on our research data, the total revenue of the global 3,5-dimethylphenol market is expected to reach $103 million in 2023. Among all developing regions or countries, China is the world's largest producer and consumer of 3,5-dimethylphenol, and also the industry's largest revenue market. According to our prediction, the market revenue of 3,5-dimethylphenol in China is expected to reach $55 million in 2026, with an estimated market share of 45.45%; India is expected to rank second with a market revenue of $26 million and a share of 21.49%.
Global 3,5-Dimethylphenol Market Revenue and Share Forecast by Region/Country
in 2023
|
Regions
|
Market Revenue (M USD)
|
Market Share
|
|
North America
|
10
|
8.26%
|
|
Europe
|
21
|
17.36%
|
|
China
|
55
|
45.45%
|
|
India
|
26
|
21.49%
|
|
Others
|
8
|
6.61%
|
Source: www.globalmarketmonitor.com
For more information, please click: 《China 3,5-Dimethylphenol Industry Market Research Report 2023-2029》.
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