1 2 Methylenedioxybenzene (MDB) Market Report

Market Insights

1,2-Methylenedioxybenzene (MDB) is defined as a derivative of catechol that is being widely used in the manufacturing of pharmaceuticals and agrochemicals. It is also used in fragrance products.

The global growth of 1,2-methylenedioxybenzene (MDB) market size is primarily driven by widespread product usage in fragrance products, pharmaceuticals, and agrochemicals. Growing demand for nutritious products is likely to propel the growth of the agriculture industry and thus, 1,2-methylenedioxybenzene during the forecast period. In addition to this, the rising demand for personal care and cosmetic products in developing countries is likely to create lucrative opportunities for the players operating in the global market in the coming years

The outbreak of COVID-19 significantly impacted the materials supply chains, international trade, and manufacturing operations across the world. The production of 1,2-methylenedioxybenzene (MDB) declined amidst the COVID-19 pandemic as the market players had to shut production facilities or operate the facilities below the optimal production capacities to avoid the spread of the coronavirus.

Segments' Analysis

Application Trends

"The pesticide application segment accounted for the largest market share."

Based on application, the 1,2-methylenedioxybenzene (MDB) market has been divided into fragrances, pesticides, photo inhibitors, and others.  The pesticide application segment accounted for the largest market share in 2020. The segment growth can be attributed to increasing demand for nutritious food products with expanding populace across the geographies particularly developing countries.

Regional Insights

"Asia-Pacific accounted for the largest market share."

By region, the Asia-Pacific 1,2-methylenedioxybenzene (MDB) market accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the review period. The regional market growth can be attributed to the significant growth of the agriculture personal care & cosmetics industries in the region. The market growth in the North American region is expected to grow at a considerable CAGR during the review on account of the presence of established end-use industries.

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Key Players

Key players operating in the 1,2-Methylenedioxybenzene (MDB) Market are:

• Ube Industries, Ltd (Japan)
• Tokyo Chemical Industry, (Japan)
• Merck & Co., Inc. (US)
• Mainchem (China)
• Enzal Chemicals Ltd (India)
• Parchem Fine & Specialty Chemicals (US)

Note: The above list does not necessarily include all the top players in the market.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market.

What deliverables will you get in this report?

Research Methodology

This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s 1,2-methylenedioxybenzene? market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to three players)
• SWOT analysis of key players (up to three players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

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