Chemical Research Report Mesitylene Market | Page 4

REPORT DESCRIPTION
Market Outlook
According to the global mesitylene market analysis, North America held a dominant position in the market in
2017. This growth is attributed to high presence of chemical manufacturers in the region such as The DOW
Chemical Company, ExxonMobil, and PPG Industries. The market in the region is projected to maintain its
dominance throughout the forecast period.
Among grades, the industrial grade segment is projected to gain major traction over the forecast period, owing to
increasing demand for mesitylene in the chemical and research industry as regent and solvent.
The electronics segment is forecasted to be the fastest-growing segment in the global mesitylene market. In the
electronics industry, mesitylene is widely used as a developer for photopatternable silicones due to its solvent
properties. According to German Electrical and Electronic Manufacturers’ Association, in 2015, the global
electrical and electronics market was valued to US$ 4.666 billion with a share of Asia alone accounting for 59%.
Such factors represents immense growth opportunities for electronic segment.
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