2,6-Xylenol is also known as 2,6-dimethylphenol (DMP). 2,6-dimethylphenol can be manufactured by direct methylation of phenol. This can be done with gaseous methanol and phenol at elevated temperatures in the presence of the catalyst. 2,6-Xylenol is a monomer for p-phenylene oxide engineering resins using carbon–oxygen oxidative combination. Additionally, this compound is used as a reactant in synthesis of polyphenylene ether polymers.
2,6-Xylenol acts as a flavoring ingredient in beverages such as coffee and whisky. It is employed extensively in the production of mexiletine. Additional applications of 2,6-Xylenol include dyes, disinfectants, antioxidants, agro chemicals, resins, flame retardant, fragrances, pharma chemicals, and solvents.
Key Drivers of 2,6-Xylenol Market
Rise in demand for 2,6-Xylenol in the pharmaceutical chemicals industry as preservative and intermediate for pharmaceutical products is a key factor boosting the global 2,6-Xylenol market. Increase in demand for 2,6-Xylenol as an intermediate for agricultural products, germicides, and biocides is another factor anticipated to fuel the global 2,6-Xylenol market during the forecast period.
Expansion of the agriculture industry in various developing and developed countries is projected to fuel the demand for 2,6-Xylenol. This is another factor that is likely to drive the global 2,6-Xylenol market during the forecast period.
Increase in awareness about2,6-Xylenol and strong industrialization in emerging economics, are other factors driving the global 2,6-Xylenol market. Furthermore, demand for 2,6-Xylenol is increasing in various end-use sectors such as pesticides and dyes.
Increase in adoption of 2,6-Xylenol, owing to rise in government regulations and awareness among manufacturers regarding various advantages offered by this chemical, is another key factor boosting the global 2,6-Xylenol market. Growth in investment in the pharmaceutical industry by private organizations as well as governments is another major factor likely to drive the global 2,6-Xylenol market in the near future.
Rise in Demand for 2,6-Xylenol-based Products in Pharmaceutical Intermediates Application
Based on grade, the global 2,6-Xylenol market can be bifurcated into pharmaceutical and industry. In terms of revenue, the pharmaceutical segment is expected to account for major share of the market during the forecast period. This can be ascribed to the increase in demand for high quality pharmaceutical chemicals product in the market.
Based on application, the global 2,6-Xylenol market can be classified into polyphenylene ether (PPE), pesticides, pharmaceutical intermediates, dyes, and others. In terms of revenue, the pharmaceutical intermediates segment is expected to hold significant share of the global market, owing to a rise in the demand for 2,6-Xylenol in the manufacture of different types of printing and writing papers in the paper industry.
Asia Pacific to be Key Region of Global 2,6-Xylenol Market
In terms of region, the global 2,6-Xylenol market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
In terms of revenue, Asia Pacific is expected to account for major share of the global 2,6-Xylenol market during the forecast period owing to the increase in demand for 2,6-Xylenol in the pharmaceutical industry in the region
Key players are consistently focusing on R&D of high-quality 2,6-Xylenol in order to improve product offerings and gain competitive edge in the global market
Manufacturers are introducing 2,6-Xylenol that is primarily utilized in applications based on pharmaceutical and industrial grades
