APAC 2,5-Dimethyl-2,4-Hexadiene Market size is predicted to cross USD 104 thousand by 2026, according to a latest forecast report by Graphical Research. Increasing usage of pesticides and the potential application of 2,5-Dimethyl-2,4-Hexadiene in the prediction of lung cancer will drive the market value.
The growing demand for 2,5-dimethyl-2,4-hexadiene compound in the crop protection sector will provide a positive outlook for the industry's progress. The increasing focus on improving the crop output owing to the growing food demand and limited arable lands across the region is leading to a rise in the increased usage of insecticides. 2,5-dimethyl-2,4-hexadiene is a significant intermediate to produce low toxicity and high efficiency pesticides pyrethroids. The rising consumption of such pesticides by several nations will support crop protection and will help in ensuring improved production.
Countries, such as China and India have a vast population and thereby use a large quantity of pesticides for agricultural application. For instance, in 2016, China’s consumption of pesticides reached 1,807,000 tons and India consumed around 56,120 tons of pesticides within the same year. Further, ongoing developments in the farming sector along with a growing concern over the use of toxic compounds in the agricultural sector are likely to drive the product consumption.
Additionally, 2,5-dimethyl-2,4-hexadiene compound is used as an intermediate in several pharmaceutical research projects along with the production of 9-chloroanchracene. The production of 9-chloroanthracene is one of the key applications of 2,5-dimethyl-2,4-hexadiene. It is produced by the reaction of 9,10-dichloroanthracene in the presence of 2,4-hexadiene, 2,5-dimethyl in acetonitrile. The 9-Chloroanthracene is a chlorinated anthracene compound used for several biochemical research.
The compound also has potential uses as a biomarker in the identification of lung cancer. Biomarker testing is one of the key parameters in the identification of cancer and helps in offering a unique set of medicine to every patient. Lung cancer is the most common cancer, showcasing a higher mortality rate in recent years.
Browse detailed statistical insights from the report, “Asia Pacific 2,5-Dimethyl-2,4-Hexadiene Market Size By Application (Production of 9-chloroanthracene, Insecticides, Others), Research Report, Country Outlook, Price Trends, Growth Prospects, Competitive Industry Share & Forecasts, 2020 – 2026” along with the table of contents (ToC) @
On the other hand, the impact of the COVID-19 pandemic had a severe toll on regional agricultural production. For instance, Southeast Asia witnessed a decline of some 3.11% or 17.03 million tons of agricultural production in the first quarter of 2020. One of the factors leading to the reduced agricultural output includes the restricted operations and in poultry production and alleviated demand. However, the economy is entering into a phase of recovery and is expected to create positive outlook for 2,5-Dimethyl-2,4-Hexadiene market growth.
Industry participants are investing in R&D to develop advanced and economic processes to produce 2,5-dimethyl-2,4-hexadiene compound. Further, the expansion of production capabilities by several companies along with a growing strategic distribution network of industry players in several nations of Asia Pacific will further fuel the product demand.
Key 2,5-Dimethyl-2,4-Hexadiene producers include Tokyo Chemical Industry Co., Ltd. (TCI), Sigma-Aldrich Co., Santa Cruz Biotechnology (Shanghai) Co., Ltd., Manchester Organics Ltd., Manus Aktteva Biopharma LLP, Ningbo Inno Pharmchem Co., Ltd., Linyi Fude Chemical Co., Ltd., Sichuan Zhongbang Pharmaceutical Co., Ltd., Alfa Aesar, Vesino Industrial Co., Ltd., and Hairui Chemical.
The APAC 2,5-Dimethyl-2,4-Hexadiene market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilotons & revenue in USD Million from 2015 to 2026 for the following segments:
Asia Pacific Market, By Application
- Production of 9-chloroanthracene
The above information is provided on a country basis for the following:
- Asia Pacific
- South Korea
- Rest of Asia Pacific