FACT.MR Releases New Report on the Divinylbenzene (DVB) Market 2019-2029

Posted by ankush Nikam on October 23rd, 2019

Divinylbenzene (DVB) is a clear yellow color liquid with an aromatic odor. It is manufactured as a mixture of isomers of divinylbenzene and ethylvinylbenzene. It consists of two vinyl groups attached to a benzene ring, and is manufactured via thermal dehydrogenation of diethylbenzene. It is produced and sold in different grades depending on the concentration of divinylbenzene. Divinylbenzene is an important crosslinking agent that improves properties of the polymer. Divinylbenzene finds numerous applications in the manufacturing of adhesives, ion exchange resins, elastomers, ceramics, biological materials, coatings, catalyst, pharmaceutical, and others. The primary application is the production of cross-linked polystyrene resin. These resins are chemically modified to produce ion exchange resins. The global divinylbenzene market is expected to witness lucrative growth in the coming years owing to the rise in demand for ion exchange resins globally.

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Divinylbenzene (DVB) Market: Market Dynamics

The key driving factor for the growth of divinylbenzene (DVB) market is its widespread usage as ion exchange resins. The global demand for ion exchange resin is growing, owing to the rise in demand for wastewater treatment technology and favorable government regulations on the reduction of pollutants. Ion exchange resin is used in industrial wastewater treatment, food processing, and production of ultra-pure water. Moreover, government norms on the discharge of water in the water bodies increase the demand for ion exchange resin, thereby, contributing to the growth of the divinylbenzene market globally. Further, increase in demand for divinylbenzene in the adhesive application has also boosted the global divinylbenzene market growth. In adhesive application, it improves high-temperature strength of adhesives, which are used to bond two metals, and as an additive in the construction industry. Moreover, healthcare application has brought immense opportunity for the global divinylbenzene market to grow in the coming short-term period. Divinylbenzene is used to enhance physical properties of cell-culture micro-carrier beads, used to create functionalized copolymer for drug screening tools, and advances surface properties of rubber goods for biomedical application. On the other hand, hazards associated with divinylbenzene on exposure can adversely affect the global divinylbenzene market globally.

Divinylbenzene (DVB) Market: Segmentation

The global divinylbenzene (DVB) market is segmented on the basis of concentration, application, and region.

Based on concentration, the global divinylbenzene (DVB) market is segmented as:

• <60%
• 60-80%
• >80%

Based on application, the global divinylbenzene (DVB) market is segmented as:

• Adhesives
• Ion Exchange Resins
• Ceramics
• Coatings
• Composite Plastics
• Elastomers
• Healthcare
• Others

Ion exchange resins application hold majority of the share in the global divinylbenzene (DVB) market. However, healthcare application will remain as an emerging hotspot in the global market.

Based on region, the global divinylbenzene (DVB) market is segmented as:

• North America
• Latin America
• Europe
• East Asia
• South Asia & Oceania
• MEA

The Divinylbenzene (DVB) Market Report Highlights:

• A Detailed overview of the parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint