Press release
Statistical Report: Global Ortho Nitrochlorobenzene Market Size & Share to Surpass USD 300 million by 2026, at a 4% CAGR - Predicts Facts & Factors
Findings from Facts and Factors report "Ortho Nitrochlorobenzene Market By Application (Dyes and Dyestuff Intermediates, Agrochemical Intermediates, Rubber Chemicals, Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020-2026" states that the global ortho nitro chlorobenzene market in 2019 was above USD 225 million. The market is expected to grow above a CAGR of 4% and is anticipated to reach over USD 300 million by 2026.๐๐ซ๐จ๐ฐ๐ฌ๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ @https://www.fnfresearch.com/ortho-nitrochlorobenzene-market-by-application-dyes-and-dyestuff-913
The top key players operating in the market are
Jiaxing Zhonghua Chemical Co.Ltd
Anhui Bayi Chemical Industry
SARNA Chemical
Seya Industries, and Jiangsu Yangnong Chemical Group co. Ltd
Aarti Industries Ltd
Liaoning Shixing Pharmaceutical & Chemical Co., Ltd.
Kutch Chemical Industries Ltd
Panoli Intermediates
Chirag Organics
Jiangsu Yangnong Chemical Group
CHEMINTEL, and others.
Ortho-nitro chlorobenzene (ONCB) is one of the isomeric products of nitration of chlorobenzene in the presence of sulphuric acid and nitric acid. Its formula is C6H4ClNO2 and its molecular weight is 157ONCB is used as an antecedent for a range of other products. Ortho-nitro chlorobenzene (ONCB) can be manufactured by two processes viz. nitration of chlorobenzene and diazotizing of O-Nitroaniline.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/sample/ortho-nitrochlorobenzene-market-by-application-dyes-and-dyestuff-913
The nitration of chlorobenzene production held the largest share of the market and the trend is likely to continue over the forecast period. This production technique also provides Meta and Para isomers, these isomers are used in construction and pharmaceutical applications. Moreover, the economic nature of this manufacturing process is anticipated to boost the growth of the segment over the forecast period.
A significant rise in agrochemical production owing to surging demand for overall agricultural output may drive market growth. Agriculture is a vital sector in a number of countries and owns a significant share of the economy in developing as well as developed economies.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/inquiry/ortho-nitrochlorobenzene-market-by-application-dyes-and-dyestuff-913
This growth in the agricultural sectors increases the demand for fertilizers and thus, in turn, promotes the market growth for the global Ortho NitroChloroBenzene (ONCB) market. A major portion of ONCB is consumed in the production of insecticides. Moreover, the robust growth in the rubber market is also driving the market growth. The growth in the rubber processing chemicals industry, along with the increasing demand for waxes and rubbers in the automotive and construction industries is expected to fuel the market demand in the near future.
All these pointers are anticipated to propel the global Ortho NitroChloroBenzene (ONCB) market in the estimated period. However, the hazardous environmental effect coupled with the non-operation of production facilities at full capacity is hindering market growth. In addition, stringent government regulations have hindered the production of nitro chlorobenzene all around the world. Government officials across the globe have begun to address health concerns related to chemicals that have hampered the market growth.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/customization/ortho-nitrochlorobenzene-market-by-application-dyes-and-dyestuff-913
On the other hand, the global chemical market is witnessing substantial growth owing to numerous factors such as the development of the world's largest chemical market -and the availability of new and improved substitutes for traditionally used chemicals leading to environmental concerns is creating opportunities and driving the increase in consumption of the ONCB market at a global scale.
By application segment, the market is divided into dyes and dyestuff intermediates, agrochemical intermediates, rubber chemicals, and others. Among these, the agrochemical intermediates segment headed the market with more than USD 125 million, in 2019 and it is expected to grow over the forecast period owing to its use in agrochemical sectors in the manufacturing of pesticides such as herbicides, insecticides, and fungicides.
๐๐๐๐ ๐๐ฎ๐ฒ๐ง๐จ๐ฐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/buynow/su/ortho-nitrochlorobenzene-market-by-application-dyes-and-dyestuff-913
This report segments the ortho nitro chlorobenzene market as follows:
Global Ortho Nitro Chlorobenzene Market: By Application Segmentation Analysis
Dyes and Dyestuff Intermediates
Agrochemical Intermediates
Rubber Chemicals
Others
Global ortho nitro chlorobenzene Market: Regional Segmentation Analysis
North America
The U.S.
Canada
Europe
Germany
The UK
France
Spain
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of the Middle East & Africa
๐๐๐๐ ๐๐๐๐ ๐๐๐๐๐๐๐@
https://www.linkedin.com/posts/jobin-ray-a40a18251_transportation-world-expand-activity-6998265202425167872-ylPc
https://www.linkedin.com/pulse/market-share-polyglycerol-polyricinoleate-around-globe-ram-rupnur/
https://www.linkedin.com/pulse/2027-global-revenue-from-queue-management-systems-predicted-rupnur/
https://www.linkedin.com/posts/ram-rupnur-b07137170_business-sales-data-activity-6996798293494099968-ZIFT?
https://www.linkedin.com/pulse/2027-us-peer-to-peer-market-employee-recognition-software-jobin-ray
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