Global 1,4-Diisopropylbenzene Market – Industry Trends and Forecast to 2029

1,4-diisopropylbenzene is used as intermediate in many chemical reactions. Reactions of 1,4-diisopropylbenzene (DIPB) include side chain modification by bromination and oxidation, dehydrogenation. Ring substitution reactions include nitration, sulfonation, bromination, and acetylation, 1,4-diisopropylbenzene is also used as an intermediate for the synthesis of synthetic lubricants, stabilizers, polymers and hydroperoxides. It is used in the seperaton process of trivalent actinide-lanthanide by phosphorus reagent, also used for extraction from aqueous complexes (TALSPEAK) process for separating trivalent lanthanides from trivalent actinide cations. It also finds application in the nuclear fuel reprocessing.

Data Bridge Market Research analyses that the 1,4-diisopropylbenzene market was valued at USD 695.50 million in 2021 and is expected to reach USD 1195.00 million by 2029, registering a CAGR of 7.00 % during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.

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