North America 2,5-Dimethyl-2,4-Hexadiene Market

1. North America 2,5-Dimethyl-2,4-Hexadiene Market Revenue to Exceed USD 63.5 Thousand by 2026: Graphical Research ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

2. According to a recent study from market research firm Graphical Research, the North America 2,5-dimethyl-2,4-hexadiene market size is poised to expand at substantial CAGR during the forecast period. Growing agricultural production and considerable expansion of pharmaceutical sector in North America have increased the demand for chemical compounds like 2,5-dimethyl-2,4-hexadiene that act as key constituents in the products manufactured by these industries. With the elevating product demand in the region, North America 2,5-dimethyl-2,4-hexadiene market is projected to observe remarkable growth by recording an appreciable valuation of over USD 63.5 thousand by 2026. Recently the industry has recorded substantial growth driven by increased research activities pertaining to the novel coronavirus. As mentioned before, rising agricultural production stands as a major factor driving the demand for North America 2,5-dimethyl-2,4-hexadiene market. Increasing focus on improving the yield due to the expanding population in the region is fueling the need for insecticides and pesticides. 2,5-dimethyl-2,4-hexadiene, in this regard, is playing a key role in the production of efficient and less toxic pesticides pyrethroids. The adoption of modern farming practices in conjunction with government initiatives is favoring the business expansion further. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

3. Browse detailed statistical insights from the report, “North America 2,5-Dimethyl-2,4-Hexadiene Market” along with the table of contents (ToC) @https://bit.ly/3BJLuTh Get sample copy of this research report @ https://www.graphicalresearch.com/request/1707/sample ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

4. An overview of some of the major trends that are positively influencing the industry landscape is outlined as under: Growing adoption for producing insecticides 2,5-dimethyl-2,4-hexadiene finds important application in the production of Insecticides which is significantly increasing its adoption in the agriculture sector. Rising demand for insecticides along with the growing need to increase crop production output is fueling the product adoption further. Reportedly, insecticides application segment had accounted for a market share of over 56% in 2019. Growing production of cotton, soybeans and corn in the U.S. is further supporting the segmental growth. Important application in lung cancer diagnosis Potential application of North America 2,5-dimethyl-2,4-hexadiene marketas a biomarker for the diagnosis of lung cancer is driving its adoption to a great extent. Growing prevalence of lung cancer in North America is further fostering the product demand in the region. According to the National Cancer Institute statistics, in 2019, around 16.9 million cancer survivors were recorded in the U.S. and the number is expected to reach 22.2 million by 2030. Currently, about 541,000 residents in the country are suffering from lung cancer. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

5. Heightened demand for manufacturing 9-chloroanthracene Important usage of North America 2,5-dimethyl-2,4-hexadiene market for producing 9-chloroanthracene which serves as a key intermediate for various pharmaceutical preparations. Pharmaceutical sector in the North America is highly organized and is dominated by the U.S. This is driving the drug development and consumption in the region leading to increased demand production of 9-chloroanthracene. Its consumption is further supported by the hefty investments made by various market players in research initiatives for the development of new anticancer agents. These factors are in turn is strongly influencing the market outlook. Business expansion initiatives by key players Major industry participants including Tokyo Chemical Industry Co., Ltd., Merk Group, Santa Cruz Biotechnology, Inc., Alfa Aesar and Matrix Scientific are focusing on strategies like mergers, acquisitions, expansion of production capacity, etc. to strengthen their market position. For instance, in 2020, Merk Group announced its plans to increase the production capacities of its life science business in the U.S. with an investment of about USD 48.7 million. Such initiatives are enhancing the business space by opening new growth opportunities. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

6. About Graphical Research: Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle. Contact Us: Parikhit B. Corporate sales, Graphical Research Email:sales@graphicalresearch.comWeb: https://www.graphicalresearch.com ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

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