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polymers is driving the Global 1,4-Diisopropylbenzene Market, are expected to drive market expansion in the near future at a CAGR of 4.40% during the forecast period 2025 to 2035

Market Research Future (MRFR) has published a cooked research report on the “Global 1,4-Diisopropylbenzene Market that contains information from 2019 to 2035.


The Global 1,4-Diisopropylbenzene Market is estimated to register a CAGR of 4.40% during the forecast period of 2024 to 2035.


MRFR recognizes the following companies as the key players in the Global 1,4-Diisopropylbenzene Market— include EASTMAN CHEMICAL COMPANY, SANTA CRUZ BIOTECHNOLOGY, INC, MATRIX SCIENTIFIC, GOODYEAR CHEMICAL (THE GOODYEAR TIRE & RUBBER COMPANY), WUXI ZHUFENG FINE CHEMICAL CO., LTD, HENAN TIANFU CHEMICAL CO., LTD, TOKYO CHEMICAL INDUSTRY CO., LTD, MANCHESTER ORGANICS LTD., DAYANG CHEM (HANGZHOU) CO., LTD, MITSUI CHEMICALS, INC.


Market Highlights


The Global 1,4-Diisopropylbenzene Market is estimated to register a CAGR of 4.40% during the forecast period and is estimated to reach USD 15.19 Million by 2035.


Synthetic lubricants are lubricants that are artificially made from chemical compounds. They are formulated using chemically modified petroleum components or synthesized from other raw materials. On the other hand, polymers are large molecules made up of repeating subunits called monomers. Synthetic polymers including plastics are produced through polymerization reactions. Polymers have a wide range of applications including plastics, fibres, coatings, adhesives, and more. They can be tailored to have specific properties such as strength, flexibility, and heat resistance. 1,4 Diisopropylbenzene is used as an intermediate in the synthesis of different products including polymers and synthetic lubricants. It is utilized in the production of synthetic lubricants which are used to reduce friction and provide lubrication in machinery and engines. Additionally, it is used in the synthesis of polymers which are essential in the manufacturing of various products including plastics, fibres, and coatings. Thus, the advancing demand for polymers and synthetic lubricants from various end-use industries is anticipated to drive the demand for 1,4 Diisopropylbenzene over the forecast period.


According to data published by Statista, the synthetic lubricants market witnessed an increase from USD 32.2 Million in 2018 to USD 37.3 Million in 2023. This growth is attributed to the advancing demand for synthetic lubricants from local industries as an alternative to conventional, hydrocarbon and mineral based lubricants. Additionally, according to the industrial equipment and consumables supplier BMG fluid technology business, the ratio of full synthetic lubricants to conventional lubricants is currently low, but it is experiencing annual growth of 5% to 8% owing to Original Equipment Manufacturer (OEM) activity and increased awareness of synthetic lubricants among younger maintenance engineers. Moreover, in October 2023, Valvoline Cummins announced the launch of its new synthetic lubricant priced equally with mineral oil to fulfil the growing demand of synthetic lubricants in India. The use of synthetic lubricants offers several advantages over conventional oils, which has contributed to their increasing popularity. Synthetic lubricants provide better lubrication performance, especially in high-performance engines and under extreme conditions. They offer improved thermal and oxidative stability, better viscosity protection, and enhanced fluidity at low temperatures. Thus, the advancing demand for synthetic lubricants is anticipated to drive the demand for 1,4 Diisopropylbenzene used as an intermediate in the production of these lubricants.


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Segment Analysis


The Global 1,4-Diisopropylbenzene Market has been segmented based on By Grade, By Application.


Based on Grade, the global 1-4, diisopropylbenzene market is segmented into low purity, and high purity. The low purity segment accounted for the largest market share with market value of USD 136.21 million in 2023 and is anticipated to reach USD 195.99 million by 2032 witnessing growth at a CAGR of 4.13% from 2024 to 2032. Low purity 1-4, diisopropylbenzene is a chemical compound that contains impurities in small amount and is not highly refined which can further impact the chemical properties as well as potential applications of the compound. Even in its low purity, 1-4, diisopropylbenzene can be used as a solvent in numerous industrial processes. Its nonpolar nature makes it a suitable compound for dissolving numerous types of organic compounds especially in applications where high purity is not very essential such as degreasers, paint thinners and cleaning agents. Further, it can be also used as a chemical intermediate in the production of various organic compounds as it can undergo chemical reactions such as oxidation and alkylation for producing derivatives that have applications in various industries.


Based on application, the global 1-4, diisopropylbenzene market is segmented into paints & coatings, electrical & electronics, chemical intermediates, solvents and others. The chemical intermediates segment accounted for the largest market share with market value of USD 96.95 million in 2023 and is anticipated to reach USD 143.38 million by 2032 witnessing growth at a CAGR of 4.44% from 2024 to 2032. 1-4, diisopropylbenzene serves as a versatile chemical intermediate in numerous industrial processes, thus plays an important role in the synthesis of various organic compounds that are used in several applications. The reactivity and unique chemical structure of the compound makes it an important building block for manufacturing specialty chemicals, agrochemicals, polymers and other products. It is used as a chemical intermediate in synthesis of resins and polymer additives with high performance characteristics. It serves as a monomer or a co-monomer in polymerization reactions for manufacturing materials such as plastics and elastomers


Regional Analysis


The global 1-4, Diisopropylbenzene market is segmented into North America, Europe, Asia-Pacific, South America and Middle East & Africa. The Asia-Pacific region accounted for the largest market share with market value of USD 120.07 million in 2023 and is anticipated to reach USD 172.59 million by 2032 witnessing growth at a CAGR of 4.11% from 2024 to 2032. The Asia-Pacific region held the largest market share in the Global 1,4-Diisopropylbenzene market in 2023, valued at USD 120.07 million, and is projected to reach USD 172.59 million by 2035, growing at a CAGR of 4.11% from 2024 to 2035. This dominance is primarily driven by rapid industrial growth and expanding manufacturing sectors in key countries like China, India, Japan, and South Korea. These nations have seen increased demand for specialty chemicals such as 1,4-Diisopropylbenzene, which is widely used as an intermediate in the production of polymers and performance materials.


Additionally, the rise in automotive, electronics, and construction industries in the region boosts the demand for advanced chemical compounds. The Asia-Pacific’s growing population and urbanization further stimulate consumption of end products reliant on 1,4-Diisopropylbenzene derivatives. Favorable government initiatives supporting chemical manufacturing and export incentives also play a significant role in market expansion. Together, these factors contribute to the steady growth and leading market position of Asia-Pacific in the global 1,4-Diisopropylbenzene market through 2035.


Sports sunglasses have emerged as a popular choice among consumers, not only for their protective attributes but also for their stylish designs. The incorporation of innovative materials, such as lightweight and durable polymers, ensures comfort and durability, meeting the rigorous demands of diverse athletic activities. Technological advancements play a crucial role in the market, with features like photochromic lenses that automatically adjust to changing light conditions, providing athletes with optimal visibility in different environments.


Innovation remains a key focus for manufacturers in the Asia-Pacific 1,4-Diisopropylbenzene market, with continuous investments in research and development. Customization options, including interchangeable lenses and adjustable frames, are increasingly prevalent, allowing consumers to personalize their eyewear based on their specific sporting needs. Collaborations between 1,4-Diisopropylbenzene manufacturers and professional athletes or sports teams are common, leveraging the influence of sports stars to enhance brand visibility and credibility in the market.


Key Findings of the Study



  • The Global 1,4-Diisopropylbenzene Market is expected to reach USD 15.19 Million by 2035, at a CAGR of 4.40% during the forecast period.

  • The Asia Pacific region accounted for the fastest growing in the global market.

  • Based on Application, the Chemical Intermediates segment was attributed to holding the largest market in 2024.

  • EASTMAN CHEMICAL COMPANY, SANTA CRUZ BIOTECHNOLOGY, INC, MATRIX SCIENTIFIC, GOODYEAR CHEMICAL (THE GOODYEAR TIRE & RUBBER COMPANY), WUXI ZHUFENG FINE CHEMICAL CO., LTD, HENAN TIANFU CHEMICAL CO., LTD, TOKYO CHEMICAL INDUSTRY CO., LTD, MANCHESTER ORGANICS LTD., DAYANG CHEM (HANGZHOU) CO., LTD, MITSUI CHEMICALS, INC are the key market players.

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Report details
Base Year 2023
Companies Covered 15
Pages 246
Certified Global Research Member
Isomar 1 Iso 1
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