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

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.