Growing Industry of Bromobenzene Market 2018 – 2023 | Estimated to Reach High CAGR | Top Key Players - Hawks Scientific, Shanghai Wescco Chemical, A. B. Enterprises, Alpha Aesar, Weifang Yonhop Chemical, ChemSampCo

Marketprognosis.com Publish a New Market Research Report On “Global Bromobenzene Market 2018 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Bromobenzene Market:

The Global Bromobenzene Market is estimated to witness a CAGR of approximately 4.0% during the forecast period, 2018-2023.

North America is expected to account for the major share of the market, whereas Asia-Pacific is expected to witness strong growth in the demand for bromobenzene, owing to the increasing investments in the pharmaceuticals industry. In addition, the growing demand for copolymers, plastics, and emulsifiers is driving the growth of bromobenzene market.

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Bromobenzene is used as an intermediate in the production of pharmaceutical products, which drives the demand for the bromobenzene in the pharmaceutical industry. Asia-Pacific is witnessing strong growth in the pharmaceutical industry. The presence of emerging economies, such as China, India, Indonesia, etc., the region has been attracting foreign investments into the sector. Hence, the growing pharmaceutical industry is expected to drive the demand for bromobenzene market.

Bromobenzene is majorly used in the preparation of phenylmagnesium bromide, a versatile Grignard reagent used to prepare benzoic acid, secondary amines, benzophenones, and other chemicals. Bromobenzene is also used to introduce phenyl groups in coupling reactions, like Suzuki reactions. These reactions are used widely for synthesizing intermediates used in pharmaceuticals or fine chemicals. Additionally, bromobenzene is a precursor in producing phencyclidine, a dissociative drug; bromobenzene is a precursor in the manufacture of phencyclidine, a dissociative drug.

North America is expected to dominate the market during the forecast period, followed by Europe. Whereas, Asia-Pacific is expected to witness the highest growth, owing to the increasing investments in the pharmaceutical industry in the region. Besides this, co-polymer and plastic industry has also been witnessing a strong growth in the region. Plastic industry has been witnessing strong growth in the region, fuelled by the emerging e-retail & e-commerce; increasing demand from automotive and rapidly growing construction industry. Hence, the application of bromobenzene in the production of co-polymers and plastics is thus, likely to increase the bromobenzene demand for application with growth in these sectors.

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Major Key Players:

1 Hawks Scientific Ltd.

2 Chanzhou Elly Industrial Import and Export Co. Ltd.

3 Shanghai Wescco Chemical Co. Ltd.

4 A. B. Enterprises

5 Alpha Aesar

6 Weifang Yonhop Chemical Co. Ltd.

7 Shandong Henglian Chemical CO. Ltd.

8 ChemSampCo Inc.

9 Sontaro Organo Industries and More…………….

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This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Bromobenzene Market.

Table of Contents:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Key Inferences

5 Market Overview

6 Drivers, Restraints, Opportunities and Challenges Analysis (Droc)

7 Market Segmentation

8 Competitive Landscape

9 Key Players

10 Future Outlook of the Market

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This release was published on openPR.