Procurement Resource Evaluates the Price Trends of 1,4-Dimethylbenzene in its Latest Insights and Dashboard
Price Trends of 1,4-Dimethylbenzene in its Latest Insights and Dashboard
Procurement Resource does an in-depth analysis of the market trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the 1,4-Dimethylbenzene price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends. Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; Customisation of price currencies and units and downloading of price information as excel files that can be used offline. The pricing database and analysis of 1,4-Dimethylbenzene can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.
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Product Description:
One type of aromatic hydrocarbon is 1,4-dimethylbenzene, also called para- or p-xylene. One of the three dimethyl benzene isomers referred to as xylenes are the isomer 1,4-dimethylbenzene. The p- or para- designates the diametrically opposed substituent positions, 1 and 4, of the two methyl groups in p-xylene or 1,4-dimethylbenzene. The positions of its two methyl groups set it apart from the other isomers, o-xylene, and m-xylene. All of the xylene isomers are colorless and very flammable.
Also Check 1,4-Dimethylbenzene Production Cost Report – https://www.procurementresource.com/production-cost-report-store/1-4-dimethylbenzene
Regions Covered to Evaluate 1,4-Dimethylbenzene Price Trend:
- North America
- South America
- Europe
- The Asia Pacific
- The Middle East
- Africa
Industrial Uses Impacting 1,4-Dimethylbenzene Price Trend:
Over the past few years, demand for PET bottles has significantly risen as the beverage industry’s acceptance of them has experienced a significant increasing trend. This has increased demand for Polyethylene Terephthalate (PET), whose manufacture is mostly dependent on mixed xylene. High demand for PET production, rising demand for mixed xylene as a fuel blending agent, expanding spectrum of applications as a solvent in end-use industries, and rising research and development spending on bio-based mixed xylene are all aspects that affect market growth potential.
Key Market Players:
- ENEOS Corporation
- Reliance Industries Limited
- S-OIL Corporation
- China National Petroleum Corporation
News and Events:
ExxonMobil for instance declared an indefinite production halt at its Jurong Aromatics Recovery (JAR) plant in Singapore beginning in January 2021 due to an abundance of the product and low-profit margins.
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