Decalin is a solvent and a bicycle organic compound. It is a clear, colorless, and aromatic liquid. Decalin is the saturated analog of naphthalene and is prepared through the hydrogenation process with the presence of a catalyst. It is insoluble in water and has limited solubility in acetic acid, ethanol, and methanol. Decalin is miscible in all proportions with ether and chloroform. It is used as a solvent for many resins or fuel additives and specialty applications. Decalin is also used in fats, resins, oils, and waxes. Furthermore, it is an ideal substitute for turpentine in lacquers, shoe polishes, and waxes due to its enhanced properties.
Increase in demand for decalin in end-use industries such as paints & coatings, consumer goods, and automotive & aerospace is augmenting the decalin market. However, adverse health effects and implementation of various regulations on its formation are factors restraining the market. Furthermore, decalin is used in pesticides and dyestuff intermediates, leading to a negative impact on the environment. This has adversely affected the demand for decalin in most industrialized regions. Rise in demand for paint and coatings and leather products is expected to fuel the market growth. Additionally, decalin is used in the synthesis of rubber. Growth in demand for rubber is also anticipated to boost the decalin market during the forecast period.
Based on form, the decalin market can be segmented into cis and trans. Trans decalin is a liquid with boiling point of 52°C and melting point of - 32°C. It is combustible, stable, and incompatible with oxidizing agent. In the presence of air Trans decalin forms explosive peroxides upon storage and is harmful if swallowed or inhaled. It is also known as trans-decalii perhydronaphthalene and naphthane. Cis decalin is a liquid with boiling point of 193°C, melting point of - 43°C, and flash point of 58°C. The trans segment is anticipated to dominate the decalin market during the forecast period owing to its enhanced quality and performance. The trans form is energetically more stable because of fewer steric interactions. Furthermore, demand for trans decalin is increasing in fats, oils, waxes, resins, paint, and rubber.
In terms of application, the decalin market can be split into solvents, fuel cell, high performance fiber, liquid crystal, and fuel. Decalin is used as a solvent in various paints and coatings, resins, wax, oil, and plastics, as it improves glossiness, liquidity, and smoothness of the coating. It is ideally used as an automobile fuel cell owing to its properties such as low energy, high efficiency, and easy portability. The trans decalin form is used to manufacture top grade TFT liquid crystal display materials. High demand for decalin in various applications is likely to drive the market during the forecast period.
In terms of region, the decalin market can be segregated into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Rise in demand for decalin in countries such as China, Japan, and India is significantly boosting the decalin market in Asia Pacific. Latin America and Middle East & Africa also account for significant market share. This can be ascribed to the increase in demand for decalin in key industries such as automotive and rubber in these regions. Rise in demand for high-quality solvents in the paints & coatings industry and changing consumer preferences are projected to augment the demand for decalin in the near future. Presence of prominent companies catering to end-use applications of decalin is further driving the market in North America and Europe.
The decalin market is highly competitive owing to the presence of major local players... Global players are adopting research and development strategies and engaging in technological advancements in order to produce unique products. Prominent companies operating in the decalin market include Zhongneng Chemical, Sigma-Aldrich, Samchun Chemical, Hangzhou Dayangchem Co. Ltd., Gulf Chemical International Corp., CM Fine Chemicals, and Simagchem Corporation.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.