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Diisopropyl Naphthalene Market growth will be stimulated by rising demand in the food & beverage industry

Author : Ronak Bora | Published Date : 2019-04-11 

The Diisopropyl Naphthalene Market report add detailed competitive landscape of the global market. It includes company, market share analysis, product portfolio of the major industry participants. The report provides detailed segmentation of the industry based on product segment, technology, end user segment and region.

Global Diisopropyl Naphthalene Market size is expected to register a moderate CAGR during the forecast period. Diisopropyl naphthalene is a chemical used in pesticides as an additive to inhibit potato sprouting during its storage. It is a liquid having yellowish brown color and faint sweet odor. Other names of the product are 2,6-Diisopropyl Naphthalene and Naphthalene,2,6-bis(1-methylethyl).

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Potatoes are an integral component of packaged and non-packaged food items in the food & beverage industry. The increasing demand for potatoes in food industry will eventually propel the global diisopropyl naphthalene market share by 2024. In addition, countries are increasingly accepting the western style of food habits and storage, which indicates bright opportunities for food & beverage industry in countries of the Middle East, Africa and Asia Pacific region, which in turn, shall drive the global market size in the coming years.

The product has been used in pesticides, which have wide application array in agriculture industry. Huge investments flowing in the agricultural sector of emerging economies is likely to have a positive influence of the diisopropyl naphthalene market size by 2024. However, excessive use of the product in food & beverage industry may led to adverse health effects such as nausea and vomiting.

Asia pacific is likely to lead global diisopropyl naphthalene market in terms of demand and production. This can be attributed to the increasing consumption of potatoes in India and China. Growing consumerism has been the major factor driving the regional diisopropyl naphthalene industry size in the recent years. In addition, robust growth indicators in the food & beverage industry, mainly in China and India, on account of improving customer spending pattern and lifestyle dynamics will subsequently boost the diisopropyl naphthalene market size in Asia Pacific by 2024.

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The major players in the diisopropyl naphthalene market share are A&J Pharmtech Company Limited, Bide Pharmatech Limited, Finetech Industry Limited, Industrial Ventilation Inc., BOC Sciences, Biosynth, Angene Chemical Limited, Ark Pharm Inc., Glentham Lifesciences Limited and Tokyo Chemical Industry.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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