The impact of the COVID-19 outbreak has compelled several manufacturers and industries to rethink their operations to gradually recover from the losses incurred for years to come. The organic chemicals industry suffered a huge setback due to halted production and a limited supply of raw materials.
The report offers actionable and valuable market insights of Dibenzyl Toluene. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Dibenzyl Toluene Market across various industries and regions.
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Of the prominent applications of dibenzyl toluene (dielectric fluid, heat transfer fluid, and others), its use as a DBT dielectric fluid to cool down high-voltage cables, transformers, capacitance generating devices, and various other high-voltage applications is poised to multiply 1.4X.
Moreover, availability of various dibenzyl toluene grades (<98%, >98%) in the market upsurges its product range, accounted for by the fact that DBT <98% generates revenue 9X times of what is engendered by the >98% grade type.
| Dibenzyl Toluene Market Size in 2020 | US$ 53 Mn |
| Forecasted Market Value for 2031 | US$ 77 Mn |
| Global Growth Rate | CAGR 3.3% |
| Top 5 Manufacturers of Dibenzyl Toluene | 78% Market Share |
The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Dibenzyl Toluene market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Dibenzyl Toluene
This newly published and insightful report sheds light on Market Insights of Dibenzyl Toluene, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Dibenzyl Toluene Market.
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Key Segments in Dibenzyl Toluene Industry Survey
-
By Grade
- <98% Dibenzyl Toluene
- >98% Dibenzyl Toluene
-
By Application
- Dielectric Fluid
- Heat Transfer Fluid
- Others
-
By End-use Industry
- Dibenzyl Toluene for Chemicals
- Dibenzyl Toluene for Petrochemicals
- Dibenzyl Toluene for Plastics & Rubber
- Dibenzyl Toluene for Oil & Gas
- Dibenzyl Toluene for Pharmaceuticals
- Others
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Key Takeaways from Market Study
- The global dibenzyl toluene market is anticipated to create a value opportunity of around US$ 21 Mn over the forecast period, adding 1.5X value as compared to 2020.
- Heat transfer fluid application is estimated to account for more than 55% share of market revenue in 2021, but is expected to lose 40 BPS by 2031.
- The dielectric fluid segment is anticipated to gain around 40 BPS by 2031.
- Europe holds a leading share and enjoys the economies of density and scale.
“Greater potential of dibenzyl toluene in LOHC application is set to provide immense opportunities for market expansion,” says a Fact.MR analyst.
Top Companies in Dibenzyl Toluene Market
Market players in the dibenzyl toluene business have mainly opted for organic growth strategies such as capacity expansion, product development, and innovation. These strategies are helping dibenzyl toluene key players expand their regional footprint and garner market share, thus providing them with a competitive advantage.
- Cluster of dibenzyl toluene manufacturers are positioned in Europe owing to 3 KT demand witnessed in 2020.
- Presence of petrochemical manufacturing companies such as British Petroleum Company, Rosneft, LUKOIL, and Gazprom, amongst many others, has led to the strengthening their DBT business, accounting for 32% of global dibenzyl toluene trade.
Fact.MR has provided detailed information about the price points of top manufacturers of dibenzyl toluene positioned across regions, sales growth, production capacity, and speculative production expansion, in the recently published report.
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- Market Survey of Dibenzyl Toluene
More Valuable Insights on Dibenzyl Toluene Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Dibenzyl Toluene, Sales and Demand of Dibenzyl Toluene, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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