2,5-Dimethyl-2,4-Hexadiene Market Size, By Application (Insecticides, Production of 9-Chloroanthracene), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027

2,5-Dimethyl-2,4-Hexadiene Market Size

2,5-Dimethyl-2,4-Hexadiene Market Size was valued at around USD 208.7 thousand in 2020 and will exhibit a growth rate of over 2.5% from 2021 to 2027. Rising application of insecticides in the agriculture sector and industrial & commercial areas are projected to offer new opportunities to the global industry growth.
 

2,5-Dimethyl-2,4-hexadiene belongs to the organic compound class, alkadiene. It is a hydrocarbon that contains exactly two carbon to carbon double bonds. The electron-rich alkane is used in a variety of reactions along with the production of 9-chloroanthracene. It is also known by several other alternative names including biisobutenyl, 1,1,4,4-tetramethylbuta-1,3-diene, and biisocrotyl.
 

The increasing penetration of pesticides and agrochemicals is further anticipated to drive the overall 2,5-dimethyl-2,4-hexadiene industry. Furthermore, the surging product adoption in biochemical research and production of 9-chloroanthracene is likely to propel the consumption of 2,5-dimethyl-2,4-hexadiene in the near future. Additionally, the rapid demand for biomarkers across the global healthcare industry for testing cancer will further support industry growth. However, fluctuating prices of the product are likely to hamper industry growth. Additionally, stringent regulations pertaining to the usage of intermediates in insecticides will slow down product consumption.
 

2,5-Dimethyl-2,4-Hexadiene Market Analysis

The insecticides segment is projected to dominate the global 2,5-dimethyl-2,4-hexadiene market and shall account demand share of more than 60% in 2027 owing to the rising usage of insecticides in the agricultural and industrial sectors. The growing need for food, especially in the Asia Pacific region, and rising awareness on the usage of low-toxic insecticides in arable lands are expected to drive product demand.
 

Additionally, the growing production of corn, cotton, and soybean in the U.S. is likely to boost pesticide demand, thereby, propelling the adoption of 2,5-dimethyl-2,4-hexadiene. Furthermore, the ongoing pandemic is expected to rise domestic hygiene trends amongst people further rising the demand for insecticides across the globe.
 

The production of 9-chloroanthracene is expected to showcase the highest growth rate and shall exceed revenue generation of USD 65 thousand by 2027 owing to the rising usage of 9-chloroanthracene as an intermediate in several pharmaceutical applications. 9-chloroanthracene also shows good anticancer activity. For instance, in 2018, the in-vitro anticancer activity of 9-chloroanthracene was screened against three human cancer cell lines, MCF-7 (Breast), HepG (Liver), and IMR-32 (neuroblastoma) using the MTT assay. The trends will thus drive the global 2,5-dimethyl-2,4-hexadiene market share.
 

Asia Pacific is expected dominated the global 2,5-dimethyl-2,4-hexadiene market and accounted for over 45% demand share in 2020 owing to the growing demand for insecticides coupled with the rising concern to develop low-toxic insecticides. The rapidly growing population in countries including China and India is the major factor driving the need for food which, in turn, is boosting the adoption of insecticides, thereby, propelling the consumption of 2,5-dimethyl-2,4-hexadiene in the production of insecticides.
 

North America is projected to grow at 2.7% CAGR owing to the rising application of the product in research laboratories for biochemical reactions. Additionally, the rapid surge in cancer patients in the U.S. is likely to increase the adoption of 2,5-dimethyl-2,4-hexadiene for the development of biomarkers for lung cancer treatment. Therefore, these trends are anticipated to drive the global 2,5-dimethyl-2,4-hexadiene market growth in the coming years.
 

2,5-Dimethyl-2,4-Hexadiene Market Share

Key players in the 2,5-dimethyl-2,4-hexadiene market are majorly focused on expanding their presence. Major players are expanding their presence in emerging countries to cater to the increasing demand for the product in research laboratories. The key manufacturers of 2,5-dimethyl-2,4-hexadiene include:

• Sigma-Aldrich Co
• Tokyo Chemical Industry Co Ltd. (TCI)
• Santa Cruz Biotechnology, Inc
• Manus Aktteva Biopharma LLP
• Manchester Organics Ltd
• Sichuan Zhongbang Pharmaceutical Co., Ltd
• Ningbo Inno Pharmchem Co., Ltd
• BeanTown Chemical
• Linyi Fude Chemical Co., Ltd
• Matrix Scientific
• abcr GmbH
• Vesino Industrial Co., Ltd
• Hairui Chemical
• Toronto Research Chemicals
• Alfa Aesar
   

The 2,5-Dimethyl-2,4-Hexadiene Market report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kg & revenue in USD thousand from 2016 to 2026 for the following segments:

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By Application

• Insecticides
• Production of 9-chloroanthracene
• Others

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
• Asia Pacific
  • China
  • India
  • Australia
  • Japan
  • Malaysia
  • South Korea
• Latin America
  • Brazil
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE