iCrowd Newswire
06 Dec 2021, 23:33 GMT+10
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. 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.
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Fact.MR has studied the 2,3,6-Trimethylphenol market with detailed segmentation on the basis function, application and key regions.
Function
Application
Region
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Crucial insights in the 2,3,6-Trimethylphenol (2,3,6 TMP) Market research:
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Tags: Trimethylphenol Market growth
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