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

  • Report ID: GMI4905
  • Published Date: Jan 2021
  • Report Format: PDF

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.

 

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

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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.
 

 

Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

The market for 2,5-dimethyl-2,4-hexadiene was over USD 208.7 thousand in 2020 and will register over 2.5% CAGR up to 2027 with increasing use of insecticides in the agriculture sector and other areas.

Insecticides are anticipated to hold over 60% share by 2027 due to the consistent rise in the demand for food across the Asia Pacific region.

The industry share from production of 9-chloroanthracence is expected to reach USD 65 thousand by the year 2027 with increased use of the compound in pharmaceutical applications.

APAC market accounted for more than 45% of the global share in 2020 and will expand owing to the robust demand for insecticides and surging pharmaceutical production.

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

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  • Base Year: 2020
  • Companies covered: 25
  • Tables & Figures: 149
  • Countries covered: 19
  • Pages: 92
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