Press release
2,3,6- trimethylphenol market forecasted to surpass US$ 190 mn and anticipated to grow at 3% CAGR through 2030
2,3,6-TMP market is driven by China as 80% of the 2,3,6-TMP and Vitamin E production cluster is positioned in China.
Increasing Vitamin E production in the country is set to bolster the 2,3,6 TMP demand reveals Fact.MR in a recently published report on global 2,3,6 Trimethylphenol market.
Click HERE to Get Synopsis of the Report-
https://www.factmr.com/report/4608/2-3-6-trimethylphenol-2-3-6-tmp-market
As per the report, 2,3,6- Trimethylphenol market is forecast to surpass more than US$ 190 Mn in 2020 and is anticipated to grow at a modest CAGR of ~3% throughout the forecast period.
Key application of 2,3,6- TMP lies as a starting material for the production of Vitamin E. Thus, expanding Vitamin E production all around the world portrays an image of increasing demand for 2,3,6 TMP.
Moreover 2,3,6 TMP is also used as co-monomer for polyphenylene Oxide and pesticide intermediate synthesis, which is set to give impetus to the market.
Key takeaways of Global 2,3,6- Trimethylphenol (2,3,6 TMP) Market
Global 2,3,6- Trimethylphenol (2,3,6-TMP) market is anticipated to create a value opportunity of around US$ 190 Mn during the forecast period, adding 1.5X more value as compared to 2020
Request for Sample
https://www.factmr.com/connectus/sample?flag=S&rep_id=4608
Market consolidation is set to affect the 2,3,6 TMP market by the end of 2030, but the intermediate function accounts for more than 98% of the market.
Intermediate function is projected to grow at just over 3% CAGR, as it is a key agent for the production of Vitamin E.
It is set to grow at a modest growth rate in Asia.
Plastics are set to grow at a rate of 3% in the forecast period of 2020-2030 and is set to lose ~420 BPS over the period of 2020-2030
East Asia holds the leading share in the 2,3,6 TMP market and accounts for 15,000 tons of 2,3,6 TMP production to cater to the high demand from Vitamin E producers in China
Need more information about Report Methodology? Click here-
https://www.factmr.com/connectus/sample?flag=RM&rep_id=4608
Europe and North American markets are growing at a moderate pace, owing to the limited presence of of 2,3,6- Trimethylphenol producers
Global 2,3,6 TMP market is highly consolidated in nature with Nent technologies, DSM and Honshu chemicals amongst the top contenders in global market
“2,3,6-Trimethylphenol plays a crucial role in Vitamin E Production. Consolidation of the market due to adoption of different technologies for 2,3,5-Trimethylhydroquinone production is set to squeeze the 2,3,6- Trimethylphenol market” says a Fact.MR analyst.
Manufacturers to Prioritize Stabilized Production Cost, Captive Consumption Remains on the Top
2,3,6- TMP market stakeholders such as Nent technologies & DSM are keenly looking for captive utilization of 2,3,6- Trimethylphenol for Vitamin E production.
Connect To an Expert
https://www.factmr.com/connectus/sample?flag=AE&rep_id=4608
Stakeholders are also trying to optimize their production facilities to lower the production cost due to increasing competition among players to serve consumers with highest possible quality and lowest price.
Companies such DSM have strengthened their footprint in China. Once, DSM and Nent initiate the production, Nent would cease supply of 2,3,6- Trimethylphenol to the local market.
More Valuable Insights on 2,3,6- Trimethylphenol Market:
Fact.MR, in its new offering, presents an unbiased analysis of the global 2,3,6- Trimethylphenol(2,3,6-TMP) market, presenting historical demand data (2015-2020) and forecast statistics for the period of 2020-2030.
Content Source
https://www.factmr.com/media-release/1378/global-2-3-6-trimethylphenol-2-3-6-tmp-market
The study divulges essential insights on the 2,3,6- Trimethylphenol(2,3,6-TMP) market on the basis of function (intermediate, perfuming agent), and application (Vitamin E, cosmetics, plastics, pharmaceuticals/pesticides) across six major regions.
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email : sales@factmr.com
Website : https://www.factmr.com
About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions.
We have offices in US and Dublin, whereas our global headquarter is in Dubai.While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise.
Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed.
Reach out to us with your goals, and we’ll be an able research partner.
Increasing Vitamin E production in the country is set to bolster the 2,3,6 TMP demand reveals Fact.MR in a recently published report on global 2,3,6 Trimethylphenol market.
Click HERE to Get Synopsis of the Report-
https://www.factmr.com/report/4608/2-3-6-trimethylphenol-2-3-6-tmp-market
As per the report, 2,3,6- Trimethylphenol market is forecast to surpass more than US$ 190 Mn in 2020 and is anticipated to grow at a modest CAGR of ~3% throughout the forecast period.
Key application of 2,3,6- TMP lies as a starting material for the production of Vitamin E. Thus, expanding Vitamin E production all around the world portrays an image of increasing demand for 2,3,6 TMP.
Moreover 2,3,6 TMP is also used as co-monomer for polyphenylene Oxide and pesticide intermediate synthesis, which is set to give impetus to the market.
Key takeaways of Global 2,3,6- Trimethylphenol (2,3,6 TMP) Market
Global 2,3,6- Trimethylphenol (2,3,6-TMP) market is anticipated to create a value opportunity of around US$ 190 Mn during the forecast period, adding 1.5X more value as compared to 2020
Request for Sample
https://www.factmr.com/connectus/sample?flag=S&rep_id=4608
Market consolidation is set to affect the 2,3,6 TMP market by the end of 2030, but the intermediate function accounts for more than 98% of the market.
Intermediate function is projected to grow at just over 3% CAGR, as it is a key agent for the production of Vitamin E.
It is set to grow at a modest growth rate in Asia.
Plastics are set to grow at a rate of 3% in the forecast period of 2020-2030 and is set to lose ~420 BPS over the period of 2020-2030
East Asia holds the leading share in the 2,3,6 TMP market and accounts for 15,000 tons of 2,3,6 TMP production to cater to the high demand from Vitamin E producers in China
Need more information about Report Methodology? Click here-
https://www.factmr.com/connectus/sample?flag=RM&rep_id=4608
Europe and North American markets are growing at a moderate pace, owing to the limited presence of of 2,3,6- Trimethylphenol producers
Global 2,3,6 TMP market is highly consolidated in nature with Nent technologies, DSM and Honshu chemicals amongst the top contenders in global market
“2,3,6-Trimethylphenol plays a crucial role in Vitamin E Production. Consolidation of the market due to adoption of different technologies for 2,3,5-Trimethylhydroquinone production is set to squeeze the 2,3,6- Trimethylphenol market” says a Fact.MR analyst.
Manufacturers to Prioritize Stabilized Production Cost, Captive Consumption Remains on the Top
2,3,6- TMP market stakeholders such as Nent technologies & DSM are keenly looking for captive utilization of 2,3,6- Trimethylphenol for Vitamin E production.
Connect To an Expert
https://www.factmr.com/connectus/sample?flag=AE&rep_id=4608
Stakeholders are also trying to optimize their production facilities to lower the production cost due to increasing competition among players to serve consumers with highest possible quality and lowest price.
Companies such DSM have strengthened their footprint in China. Once, DSM and Nent initiate the production, Nent would cease supply of 2,3,6- Trimethylphenol to the local market.
More Valuable Insights on 2,3,6- Trimethylphenol Market:
Fact.MR, in its new offering, presents an unbiased analysis of the global 2,3,6- Trimethylphenol(2,3,6-TMP) market, presenting historical demand data (2015-2020) and forecast statistics for the period of 2020-2030.
Content Source
https://www.factmr.com/media-release/1378/global-2-3-6-trimethylphenol-2-3-6-tmp-market
The study divulges essential insights on the 2,3,6- Trimethylphenol(2,3,6-TMP) market on the basis of function (intermediate, perfuming agent), and application (Vitamin E, cosmetics, plastics, pharmaceuticals/pesticides) across six major regions.
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email : sales@factmr.com
Website : https://www.factmr.com
About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions.
We have offices in US and Dublin, whereas our global headquarter is in Dubai.While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise.
Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed.
Reach out to us with your goals, and we’ll be an able research partner.
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