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Vinyl Toluene Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Russia, China, India, Japan, Malaysia, Thailand, Indonesia, Australia, Brazil, Saudi Arabia, UAE, South Africa), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024
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Vinyl Toluene Market Trends and Forecast 2017-2024 Vinyl Toluene Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Russia, China, India, Japan, Malaysia, Thailand, Indonesia, Australia, Brazil, Saudi Arabia, UAE, South Africa), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024
Global Market Scenario of Vinyl Toluene • Global Vinyl Toluene Market size will have an exponential growth in coming years owing to its wide application in paints & coatings industry. • It is a colorless liquid with aromatic odor and is sold as a mixture of isomers or functional monomer. • Prominent application of vinyl toluene monomer is in coating industry as oil modified alkyds and drying oil modifier. • These modified alkyds have benefits of fast drying, color retention property, excellent solution color, durability, and good chemical resistance. Fast drying alkyds produces paints & coatings for indoor industrial applications and other purposes were instant drying of paint is a vital factor to consider. • These paints and coatings manufactured by vinyl toluene are applied with the help of various methods that includes dip, brush and spray.
Product Analysis:- • Copolymerization of the compound with other monomers viz maleic anhydride, methacrylate, divinylbenzene, butadiene, acrylonitrile, and acrylate produces products having varied physical properties. Vinyl toluene monomer acts as a substitute of styrene monomer in compounds like unsaturated polyester resins, where less shrinkage combined with temperature cures are desirable. • Polyester resins formulated by these monomers exhibit higher flash point and lower vapor pressure. Market size of unsaturated polyester resins in 2014 was USD 1.5 billion in construction application. Flourishing construction industry is projected to influence vinyl toluene market during the forecast period. • Regional Trends:- • Asia Pacific had contributed substantially in global vinyl toluene market in past five years and is anticipated to depict similar scenario during the forecast period. • Germany, France and Italy had seen tremendous growth in its industrial sector during past decade and still has potential for its growth.
Competitive Trends: • Key manufacturers in global vinyl toluene market include Deltech Corporation, Ashland Inc, The Dow Chemical Company, Wacker, BASF, Jiangsu Zhengdan Chemical, Jiangsu Danhua Group, RX MARINE INTERNATIONAL, Nanjing E-Strong Technical Co., Ltd. and Nanjing SF Chemical Equipment Co., Ltd.
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