Diisopropylbenzene market global size growth latest application share recent trends and better investment opportunities by forecast to 2030
Market Drivers and Restrains Diisopropylbenzene are soluble in acetone, ether, alcohol, and benzene, but insoluble in water. This property of diisopropyl benzene finds numerous industrial applications. Diisopropylbenzene is prepared from the cumene synthesis in closed systems with diesel, gasoline, and other hydrocarbon fuels. In addition, it is used as an intermediate in the synthesis of synthetic stabilizers, lubricants, hydroperoxides, and polymers that has high commercial and industrial consumption. Its extract solution is separation of trivalent lanthanides from trivalent actinide cations that finds application in the reprocessing of nuclear fuel. The surge in demand for diisopropyl benzene in several nuclear facilities as it remains one of the lucrative scope attracting huge funds from both government and private organizations can contribute to the market upsurge in the near future. Key Players TCI (Shanghai) Development Co., Ltd. (China), CHMA Chemical Technology (Sh...