1,4-Dimethylbenzene Prices in USA

• United States: 977 USD/MT

The price of 1,4-Dimethylbenzene in the United States for Q4 2023 reached 977 USD/MT. The latest report by IMARC Group, titled "1,4-Dimethylbenzene Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of 1,4-Dimethylbenzene Price Trend. This report delves into the Price of 1,4-Dimethylbenzene globally, presenting a detailed analysis, along with informative 1,4-Dimethylbenzene Price Chart. Through comprehensive 1,4-Dimethylbenzene Price Analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes 1,4-Dimethylbenzene Historical Data to offer context and depth to the current pricing landscape. The report also explores the 1,4-Dimethylbenzene Demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.

1,4-Dimethylbenzene Prices December 2023:

• United States: 977 USD/MT
• South Korea: 958 USD/MT
• Germany: 1266 USD/MT

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The study delves into the factors affecting 1,4-Dimethylbenzene price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.

The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.

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1,4-Dimethylbenzene Price Trend- Q4 2023

1,4-Dimethylbenzene, also known as para-xylene (p-xylene), is an aromatic hydrocarbon based on benzene with two methyl substituents in the para position. It has a sweet and aromatic odor and is insoluble in water but soluble in organic solvents like ethanol and ether. It is as a crucial raw material in the production of terephthalic acid (TPA) and dimethyl terephthalate (DMT). It is an effective solvent used in the formulation of paints, coatings, adhesives, and varnishes, thereby contributing to improved application and finish quality. It serves as an intermediate in the synthesis of other chemicals and materials. It also plays a vital role in the production of resins and coatings that offer superior protective and decorative properties for various surfaces.

1,4-Dimethylbenzene Market Analysis 

The global 1,4-dimethylbenzene market size reached US$ 55.17 Million Tons in 2023. By 2032, IMARC Group expects the market to reach US$ 81.29 Million Tons, at a projected CAGR of 4.40% during 2023-2032. At present, the rising adoption of 1,4-dimethylbenzene to manufacture various household products, such as cleaning agents and air fresheners, due to its solvent properties, represents one of the key factors impelling the growth of the market. In line with this, the increasing utilization of polyethylene terephthalate (PET) in packaging, especially in the food and beverage (F&B) sector, is strengthening the market growth. Moreover, the escalating demand for polyester fibers in the textile industry is offering a favorable market outlook. In addition, the rising need for 1,4-dimethylbenzene in the chemical industry as an intermediate for various chemical syntheses is bolstering the market growth. Besides this, innovations in production processes and the development of more efficient and eco-friendly manufacturing technologies are supporting the market growth. Furthermore, stringent environmental regulations are promoting the use of recyclable materials like PET, which is contributing to the market growth. Apart from this, the growing demand for 1,4-dimethylbenzene as a component in high-octane fuels to enhance the performance and efficiency of internal combustion engines (ICEs), along with the increasing adoption of 1,4-dimethylbenzene’s derivatives to produce certain medications and intermediates, is positively influencing the market.

Key Points Covered in the 1,4-Dimethylbenzene Pricing Report:

The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:

• 1,4-Dimethylbenzene Prices
• 1,4-Dimethylbenzene Price Trend
• 1,4-Dimethylbenzene Demand & Supply
• 1,4-Dimethylbenzene Market Analysis
• Demand Supply Analysis by Type
• Demand Supply Analysis by Application
• Demand Supply Analysis of Raw Materials
• 1,4-Dimethylbenzene Price Analysis
• 1,4-Dimethylbenzene Industry Drivers, Restraints, and Opportunities
• 1,4-Dimethylbenzene News and Recent developments
• Global Event Analysis
• List of Key Players

Regional Price Analysis:

• Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
• Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
• North America: United States and Canada
• Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
• Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco

Browse More Pricing Reports by IMARC Group:

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Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

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