Fact.MR’s analysis on DBT for a period of 2021 to 2031

Fact.MR’s detailed analysis on the global dibenzyl toluene market offers readers with a 360-degree view for the forecast period of 2021 to 2031. The study also reveals key information regarding future growth drivers, opportunities, and trends across multiple segments including grade, application, and end-use energy across seven major regions. The global dibenzyl toluene market is projected to reach USD 77M, exhibiting growth at 3.3% CAGR between 2021 and 2031, estimates Fact.MR. Increasing the use of dibenzyl toluene as dielectric fluid and heat transfer fluid in diverse end-use sectors such as petrochemicals, rubber and plastic, and chemicals industries will boost the market.

As per Fact.MR, extensive application of dibenzyl toluene (DBT) as heat transfer fluid in the rubber and plastic industry will increase its consumption, reaching 13 KT by the end of 2031. DBT is mainly used due to its attributes such as maintenance of proper temperatures in closed equipment and systems in chemical and petrochemical industries.