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Global Tert-Amylbenzene Market Share

Report ID: GMI4883
Published Date: Dec 2020
Report Format: PDF

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Global Tert-Amylbenzene Market Share

Global market share is moderately consolidated owing to presence of major players including :

TCI Chemicals
Sigma Aldrich
Alfa Aesar
Solvay
Frontier Scientific Inc.

Participants in the tert-amylbenzene industry are incorporating strategies including capacity expansions, mergers & acquisitions, new product launches and partnerships & collaborations. For instance, In September 2020, Solvay announced the extension of distribution partnership with Azelis for the distribution of Solvay’s range of sodium docusate and poloxamer excipients to the pharma customers in EU countries.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

The global market for tert-amylbenzene had reached USD 70 million in 2019 and will expand at more than 5% CAGR up to 2026 owing to increased demand in pharmaceuticals and battery production.

The market share from batteries application is projected to surpass USD 20 million by 2026 as the demand for battery-operated material handling equipment and plug-in electric vehicles increases.

Tert-amylbenzene industry share from the pharmaceutical segment could surpass USD 25 million by 2026 with the use of the compound as a key raw material in the synthesis of antifungal ingredient amorolfine.

North America market for tert-amylbenzene is anticipated to exceed USD 30 million by 2026 owing to an increased demand for electronic technologies and lithium-ion batteries.