2-Methylpyridine Market Size to Surpass USD 6.02 million with Growing CAGR of 5.4% by 2029 | Vertellus, Koei Chemical, Henan Huayin Chemical, DSM

Exactitude Consultancy Market Research analyses that the 2-Methylpyridine Market will witness a CAGR of 5.4% for the forecast period of 2023-2029 and is likely USD 4.16 million in 2022 to reach at USD 6.02 million by 2029.

Research report on the 2-Methylpyridine market allows buyers to deliver unique solutions to various end users and improve their business presence in the industry. The report is introduced with accurate statistics regarding market share, size, and growth rate for the buyers to focus on their operations and achieve various goals smoothly. Numerous driving factors, restraints, opportunities, and threats affecting the 2-Methylpyridine market growth is described in the study for the strategy planners to plan policies pertaining to production volume, delivery of services, making connections, and creating awareness in the minds of consumers.

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Industry News:

January 31, 2022 - Vertellus, a manufacturer of specialty materials for various personal care, performance coatings, polymer additives, healthcare and food & beverage markets, today announced it has acquired Polyscope Polymers B.V. ("Polyscope"), a global leader in specialty additives for coatings, electronics applications and engineering polymers.

Market Dynamics

✦ The major factor driving the growth of the market is the increasing demand for picoline in industries such as agrochemicals, pharmaceuticals, electronics, etc.

2 Methylpyridine is a heterocyclic organic compound that has a similar chemical structure to pyridine. One of the most common applications for this chemical is in pharmaceuticals, dyes, and rubber chemicals. It's also in agricultural chemicals, plastics, and resins. 2-methylpyridine is found in a variety of agrochemicals and pesticides, including fungicides, insecticides, and herbicides. 2-methylpyridine is used in the textile industry for dyeing as well as dye removal. As they are used in various drugs such as Lomustine, Docetaxel, and Vinblastine, the growing demand for pharmaceuticals from cancer patients provides lucrative opportunities for global market manufacturers.

✦ Stringent government regulations toward the use of pyridine and health hazards associated with pyridine toxicity are anticipated to restrict the growth of the market.

Acute (short-term) health effects may occur immediately or shortly after exposure to Pyridine. Contact can irritate and burn the skin and eyes, breathing 2-methylpyridine can irritate the nose and throat causing coughing and wheezing. It can cause nausea, vomiting, diarrhea, abdominal pain, headache, fatigue, dizziness lightheadedness, confusion, and even coma and death. Some chronic (long-term) health effects can occur that can last for months or years such as cancer hazard, reproductive hazard.

Prominent Key players of the 2-Methylpyridine Market survey report:

Historical data available in the report elaborates on the development of the 2-Methylpyridine on national, regional and international levels. Market Research Report presents a detailed analysis based on the thorough research of the overall market, particularly on questions that border on the market size, growth scenario, potential opportunities, operation landscape, trend analysis, and competitive analysis. Some Key Competitors of the Market are - Vertellus, Koei Chemical, Henan Huayin Chemical, Changzhou Jintan Hengxin Chemical, Shandong Luba Chemical, DSM, LONSA, Shandong Shida Shenghua Chemcial.

2-Methylpyridine Market Segmentation:

Global 2-Methylpyridine Market By Type, 2023-2029 (IN USD Million, Kilotons)

» Purity 99%

» Purity 98%

» Others

Global 2-Methylpyridine Market By Application, 2023-2029 (IN USD Million, Kilotons)

» Pharmaceuticals

» Agrichemicals

» Dye Intermediates

The regional outlook by revenue covers the countries namely:

✦ North America (United States, Canada and Mexico)

✦ Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

✦ Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

✦ South America (Brazil, Argentina, Colombia, and Rest of South America)

✦ Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

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Key Features of the 2-Methylpyridine Market Report: -

⇨ Analyse competitive developments such as expansions, deployments, new product launches, and market acquisitions.

⇨ Examine the market opportunities for stakeholders by identifying higher growth sections.

⇨ To study and analyse the global 2-Methylpyridine industry status and forecast including key regions.

⇨ An in-depth analysis of key product segments and application spectrum, providing strategic recommendations to incumbents and new entrants to give them a competitive advantage over others.

⇨ It provides a comprehensive analysis of key regions of the industry as well as a SWOT analysis and Porter's Five Forces analysis to provide a deeper understanding of the market.

⇨ It helps you make strategic business decisions and investment plans.

Competitive Landscape

Competition has been growing for the 2-Methylpyridine industry as the supply and demand has been on an increasing trend sine past decade. This report gives a detailed analysis of the presence of various small, medium and micro enterprises in the industry of numerous scales, their relative sizes, product offerings, and market positions in the pre and post pandemic situations. Additionally, the report provides an overview of the competitor strategy with regards to business and corporate office and functions have been provided. The report also mentions about the operations, technology infrastructure, marketing strategies and financial capabilities. Thus, the report gives a very good understanding of the market to the shareholders and stakeholders from an overall perspective.

Highlight the Following Key Factors:

► Business Description: a particular description of agency operations and enterprise departments.

► Company Strategy: The analyst's precis of the company's commercial enterprise strategy.

► SWOT Analysis: Detailed evaluation of the company's strengths, weaknesses, opportunities, and threats.

► Company History: The development of predominant occasions associated to the company.

► Main merchandise and services: A listing of the company's fundamental products, services, and brands.

► Main Competitors: A listing of the company's fundamental competitors.

► Important places and subsidiaries: The company's major places and subsidiaries' listing and contact information.

► Detailed economic ratios of the previous 5 years: The trendy monetary ratios come from the annual economic statements issued by means of agencies with a record of 5 years.

Table of Contents

Global 2-Methylpyridine Market Research Report 2023-2029

1 2-Methylpyridine Market Overview

1.1 Product Overview and Scope of 2-Methylpyridine

1.2 2-Methylpyridine Segment by Type (Product Category)

1.3 Global 2-Methylpyridine market Segment by Application

1.4 Global 2-Methylpyridine Market by Region (2023-2029)

1.4.1 Global 2-Methylpyridine Market Size (Value) and CAGR (%) Comparison by Region (2023-2029)

1.4.2 North America Status and Prospect (2023-2029

1.4.3 Europe Status and Prospect (2023-2029)

1.4.4 China Status and Prospect (2023-2029)

1.4.5 Japan Status and Prospect (2023-2029)

1.4.6 Southeast Asia Status and Prospect (2023-2029)

1.4.7 India Status and Prospect (2023-2029)

1.5 Global Market Size (Value) of 2-Methylpyridine (2023-2029)

1.5.1 Global 2-Methylpyridine Revenue Status and Outlook (2023-2029)

1.5.2 Global 2-Methylpyridine Capacity, Production Status and Outlook (2023-2029)

…

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