Vinyl Toluene Market was valued at USD 16332.8 million in 2020 and is expected to grow at a CAGR of 5% between 2021 and 2027. Vinyl toluene is a colorless liquid with a strong and unpleasant smell. Mainly used as monomers in the manufacture of plastics and wide application in the paint and surface coating industry. In addition, it acts as an intermediate in the synthesis of certain insecticides.
The market segment of Vinyl toluene includes North America Europe, Asia Pacific and the rest of the world. Demand for vinyl toluene was highest in the Asia-Pacific region, followed by North America and Europe. Markets like North America are not expected to mature and grow by large margins in the next few years. The recovery of the construction sector in the region is expected to increase the demand for vinyl toluene in the next few years. Due to the recent increase in building activity in emerging countries such as India and China, demand for vinyl toluene is expected to grow at a very rapid rate in this region in the near future. In the coming years. China is expected to be one of the largest manufacturers of vinyl toluene used in paints and coatings. Vinyl toluene is also extensively used in industrial coating applications. Therefore, demand for vinyl toluene is also expected to increase globally in the next few years.
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Top Major Key Players Industries
Wасkеr
Dоw
ВАЅF
Dеltесh Соrроrаtіоn
GFЅ Сhеmісаlѕ Іnс
Јіаngѕu Zhеngdаn Сhеmісаl Іnduѕtrу Со. Ltd.
Јіаngѕu Zhеngdаn Сhеmісаl Іnduѕtrу Со. Ltd.
Аldоn Соrроrаtіоn
Нudѕоn Сhеmісаlѕ
By Type
• 2-Vinyltoluene
• 3-Vinyltoluene
• Others
By Application
Resin Coatings
Composites
Vinyl Resin
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Scope of the Report
The research study analyzes the global Warehousing Logistics Robots industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size andor Volume
o Latin America Market Size andor Volume
o Europe Market Size andor Volume
o Asia-Pacific Market Size andor Volume
o Rest of the world Market Size andor Volume
Key Questions Answered by Warehousing Logistics Robots Market Report
What was the Warehousing Logistics Robots Market size in 2018 and 2021; what are the estimated growth trends and market forecast (2021-2027).
What will be the CAGR of Warehousing Logistics Robots Market during the forecast period (2021-2027)
Which segments (product type or applications or end-user) were most attractive for investments in 2018 How these segments are expected to grow during the forecast period (2021-2027).
Which manufacturer vendor or players in the Warehousing Logistics Robots Market was the market leader in 2018
Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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