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Global 3,5-Dimethylphenol (Meta-Xylenol) Market Insight2021-12-29 Comments
The 3,5-dimethylphenol (meta-xylenol) is forecast to steady increase over the next four years. According to the World Knowledge Information (WKI) “Global 3,5-Dimethylphenol (Meta-Xylenol) Professional Survey Report 2021, Forecast to 2026”, The increasing demand for 3,5-dimethylphenol (meta-xylenol) in the medical and pharmaceutical industries will promote the development of the global 3,5-dimethylphenol (meta-xylenol) market.The compound annual growth rate (CAGR) for the 2021-2026 period is projected to be 3.25% base on WKI regression analysis model.
“Affected by the epidemic situation, people’s health awareness is constantly strengthened, the disinfection and sterilization effect is better, and the products with non irritating smell have bright development prospects.” said Selena, Senior analyst, Chemical & Material Market Research Center in WKI. “It is suggested that industry participants should actively carry out technological innovation, develop new products, meet the current market demand and seize more market share.”
3,5-Dimethylphenol (Meta-Xylenol) is listed in the list of essential drugs issued by the World Health Organization because of its medicinal value such as fungicide. Due to its antibacterial and antifungal properties, the powder form of 3,5-Dimethylphenol (meta-xylenol) can be used to prepare bath products, cosmetics, skin cleansers, shampoos, deodorants and women’s hygiene products. Therefore, the increased demand for 3,5-Dimethylphenol (meta-xylenol) in the personal care and cosmetics industry may promote the development of the global 3,5-Dimethylphenol (meta-xylenol) market in the next few years.
Although 3,5-Dimethylphenol (meta-xylenol) is less toxic to human body and almost non-toxic to birds, it is moderately toxic to freshwater invertebrates and highly toxic to fish and cats. This will reduce the demand for 3,5-Dimethylphenol (meta-xylenol) and limit the development of 3,5-Dimethylphenol (meta-xylenol) market.
The Key manufacturers that are operating in the global 3,5-DIMETHYLPHENOL (META-XYLENOL) market are:Sasol、Dorf Ketal、Rain Carbon、Jiangsu Huanxin High-tech Materials、Hunan Lijie、Biochemical、Chengwu Haote Chemical、Aoyou、Fulltime、Hangzhou Huasheng Pharm and others.
Segmentation of 3,5-Dimethylphenol (Meta-Xylenol) Market:
According to the type, the market of 3,5-dimethylphenol (meta-xylenol) can be divided into industrial grade, pharmaceutical grade and others. Among them, industrial grade occupies a dominant position in the market. 3. 5-Xylenol is an important intermediate in organic synthesis. It is widely used as raw material for resin, pesticide, medicine, dye and perfume. Due to its wide availability, it promotes the increase of demand in this segment. According to the application, the market of 3,5-dimethylphenol (meta-xylenol) can be divided into disinfectants, dyes, pharmaceuticals, spices and others. Disinfectants account for the largest market share. Due to the outbreak of the epidemic, the global awareness of disinfection and cleaning has increased, and the demand for disinfectants has increased, which has promoted the expansion of the market scale of 3,5-dimethylphenol (meta-xylenol).
3,5-Dimethylphenol (Meta-Xylenol) Market: Regional Analysis
In terms of geography, the global 3,5-dimethylphenol (meta-xylenol) market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa. As most people in the region pay more and more attention to health and hygiene maintenance, and there is a significant increase in covid-19 disease positive cases in the United States and states in 2020, the demand for disinfectants in North America has surged, resulting in that North America is currently the main regional market for 3,5-dimethylphenol (meta-xylenol). The Asia Pacific market is expected to grow at the highest CAGR. Because of the growing health awareness of India, China and other populous countries, the aging of population is increasing, and the incidence rate of chronic diseases and infectious diseases is increasing. This has led more and more people to pay attention to health and hygiene maintenance. The increased use of disinfectants has promoted the growth of 3,5-dimethylphenol (meta-xylenol) market.
Largest share area：North America
Largest share country：the Unite States