openPR Logo
Press release

Global Nitrobenzene Market Trends, Competitive Market Share & Forecast, 2016 – 2024

Global Nitrobenzene Market Trends, Competitive Market Share &

Global Nitrobenzene Market size is growing at a moderate rate and is projected to attain CAGR close to 3.5% by 2024. Global Nitrobenzene Market size is growing at a moderate rate and is projected to attain CAGR close to 3.5% by 2024.

Purchase Nitrobenzene Market Report by calling Global Market Insights, Inc. at 1-888-689-0688 (Toll Free) or 1-302-846-7766

Increase in demand of bio-chemicals and stringent environment regulations are likely to create unfavourable market conditions for the product globally. The European Union and US Environment Protection Agency (EPA) have proposed to oppose the use of Volatile Organic Compounds (VOC) in inclination with environment regulations and so are likely to impact the industry.

Nitrobenzene is commonly used to manufacture aniline, pesticides, synthetic rubber and lubricating oil. Anile production is most prominent and it consumes over 95% of nitrobenzene. The product serves as a base for synthesis of aniline which is used to produce polyurethane to be utilized in manufacturing insulators used in construction industry. With the growing automotive industry, the demand for tyre is likely to increase henceforth increasing the production of synthetic rubber which is manufactured using nitrobenzene. This results in overall increase in product demand across globe.

Request for detail Table of Contents(toc) @ https://www.gminsights.com/request-toc/upcoming/1255

The market is segmented into pharmaceuticals, agriculture, and industrial applications. Agriculture dominated the nitrobenzene market in 2015 and is likely to project growth in the forecast period. This is due to ever growing demand of fertilizers which are manufactured using the product thereby leading to increasing product demand over the globe.

Regionally, Asia pacific is the most competitive market for nitrobenzene due to growing agriculture industry in China, India, Philippines, Bangladesh and Pakistan. This is due to increasing demand of fertilizer thereby leading to growing market size of the product in Asia Pacific. With considerable amount of growth in construction industry and easy availability of cheap labour and raw material in China, it has captured majority of share in Asian Pacific market. Increasing production of pharmaceuticals, dyes, pesticides and chemical industry has also added to the growing market size of product in Asia Pacific.

Inquire about to purchase Nitrobenzene Market research report @ https://www.gminsights.com/inquiry-before-buying/1255

The key global players of nitrobenzene market include BASF SE, Bayer AG, DuPont Chemical Solution Enterprise, Huntsman Corporation, Shandong Jinling Chemical Co., Yantai Wanhua Polyurethane Corporation Limited, Bann Quimica Limited, Sumitomo Chemical Corporation Limited, BP PLC (U.S), Exxonmobil Corporation, China National Petroleum Corporation (CNPC) , The Dow Chemical Company, JX Nippon Oil And Energy Group, SABIC, Royal Dutch Shell PLC, Tianjin Elong Corporation Limited, Yantai Wanhua Polyurethane Corporation Limited, and Chevron Phillips Chemical. The market is consolidated with most players operating in Asia Pacific region mainly China.

The chemical manufacturers are focussing on shifting to production of bio-based chemicals to reduce greenhouse gas emission due to volatile organic compounds which are hazardous to environment. This is a probable threat to the nitrobenzene market during the forecast period.

Browse complete summary of Nitrobenzene Market report @ https://www.gminsights.com/industry-analysis/nitrobenzene-market

About Global Market Insights, Inc.

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1 888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Connect with us twitter | LinkedIn | Facebook | Google+

29L Atlantic Avenue, Suite L 105,
Ocean View Delaware
United States 19970

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Nitrobenzene Market Trends, Competitive Market Share & Forecast, 2016 – 2024 here

News-ID: 521000 • Views: 256

More Releases from Global Market Insights Inc.

Steam Autoclaves Market | Insights and Forecast Research Report 2024
The steam autoclave market size is expected to exceed more than US$ 3.1 Billion by 2024, Growing at a CAGR of more than 8.7% in the given forecast period. The extensive use of sterilizing surgical equipment in pharmaceutical and biomedical applications has been propelling steam autoclaves market share over the last few years. The primary reason for the massive deployment of these products in medical applications is the nontoxic and
Advanced Wound Care Market 2019 | Growth, Status and Forecast by 2025
The global advanced wound care market size is expected to reach USD 13.5 billion by 2025, at a CAGR of 5.0% during the forecast period, according to a new report by Global market insights, Inc. Europe advanced wound care market will experience 5.0% growth during the analysis period. Germany, UK, and France represents mature markets in Europe while Spain, Netherland, Belgium, Austria are forecasted to witness high CAGR. Aging demographics
Vascular Graft Market | Industry Analysis, Size, Share, Growth by 2024
Vascular graft market size is anticipated to exceed US$ 3.6 bn by 2024, states Global Market Insights, Inc. in its latest research report. Prominent industries involved in vascular graft market are Becton Dickinson (C.R. Bard), B. Braun, Cryolife (Jotec), Cook Medical, Endologix, Getinge AB, LeMaitre Vascular, Medtronic PLC, Terumo GmbH and W.L. Gore and Associates. These prominent business players are focusing on strategic mergers, new product launch and acquisitions to
Pharmacovigilance Outsourcing Market 2019 | Dynamics, Forecast, Analysis and Sup …
U.S. pharmacovigilance outsourcing market size dominated North America region and was valued at USD 783.2 million revenue in 2017 and is estimated to witness similar trend during the forthcoming years. The high growth is attributed to strong foothold of major pharma and medical device companies coupled with extensive drug development activities in the U.S. Moreover, high healthcare expenditure in the country and growing concern regarding drug safety and adverse drug

All 5 Releases


More Releases for Nitrobenzene

Nitrobenzene Market - Professional Survey and Future Industry Trends : 2024
Nitrobenzene is an aromatic compound which is vastly used in the production of aniline and in the manufacturing of numerous derivatives in the agriculture, cosmetics, and other different types of industrial applications where nitrobenzene acts as a precursor. As a chemical, nitrobenzene is also employed in the process of manufacturing synthetic rubber, pesticides, and lubrication oil. The market is expanding day by day due to its core applications and end-user
Nitrobenzene Market : Recent Analysis and Chemical Industry Improvements 2016 - …
Nitrobenzene is an aromatic compound which is vastly used in the production of aniline and in the manufacturing of numerous derivatives in the agriculture, cosmetics, and other different types of industrial applications where nitrobenzene acts as a precursor. As a chemical, nitrobenzene is also employed in the process of manufacturing synthetic rubber, pesticides, and lubrication oil. The market is expanding day by day due to its core applications and end-user
Nitrobenzene Market Trends,Opportunity Report 2024
Nitrobenzene is an aromatic compound which is vastly used in the production of aniline and in the manufacturing of numerous derivatives in the agriculture, cosmetics, and other different types of industrial applications where nitrobenzene acts as a precursor. As a chemical, nitrobenzene is also employed in the process of manufacturing synthetic rubber, pesticides, and lubrication oil. The market is expanding day by day due to its core applications and end-user
Nitrobenzene Market Growth and Forecast 2016-2024
Nitrobenzene is an aromatic compound which is vastly used in the production of aniline and in the manufacturing of numerous derivatives in the agriculture, cosmetics, and other different types of industrial applications where nitrobenzene acts as a precursor. As a chemical, nitrobenzene is also employed in the process of manufacturing synthetic rubber, pesticides, and lubrication oil. The market is expanding day by day due to its core applications and end-user
Nitrobenzene | Quantitative Market Analysis, Current and Future Trends
A new research report by Transparency Market Research offers a comprehensive evaluation of the global Nitrobenzene Market. The study, titled “Nitrobenzene Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024”, is available for sale on the firm’s website. Nitrobenzene is a kind of organic compound which is used in the manufacturing of aniline and acts as a predecessor for the production of chemicals and numerous derivatives
Nitrobenzene Market - Global Industry Analysis, Size, Share 2024 | Research Repo …
Nitrobenzene is a kind of organic compound which is used in the manufacturing of aniline and acts as a predecessor for the production of chemicals and numerous derivatives in cosmetics, agriculture, pharmaceuticals, and other types of industrial applications. It is also used as a chemical to manufacture pesticides, synthetic rubber, and lubrication oil. Rising demand for rubber in the automotive industry is likely to fuel the growth of the nitrobenzene