Pyridine Market Outlook 2017-2021 to Reach $656.3 Mn At 6.6% CAGR
The pyridine & pyridine derivatives market is projected to reach USD 656.3 Million by 2021, at a CAGR of 6.6% from 2017 to 2021.Download Sample copy @ http://www.rnrmarketresearch.com/contacts/request-sample?rname=1047147
Pyridine is used in several applications such as agrochemicals, pharmaceuticals, latexes, food, and others. The increasing usage of pyridine in these applications is expected to drive the market for the pyridine & pyridine derivatives during the forecast period.
Some of the major players in the pyridine & pyridine derivatives market include
1. Jubilant Life Sciences Ltd. (India),
2. Vertellus Holdings LLC (U.S.),
3. Lonza Group AG (Switzerland),
4. Nanjing Redsun Co. Ltd. (China),
5. Resonance Specialties Ltd. (India),
6. Shandong Luba Chemical Co. Ltd. (China),
7. Hubei Sanonda Co. Ltd. (China),
8. Chang Chun Petrochemical Co. Ltd. (Taiwan),
9. Koei Chemical Co. Ltd. (Japan),
10. C-Chem Co., Ltd. (Japan).
Key Target Audience:
1. Pyridine & pyridine derivatives manufacturers, dealers, and suppliers
2. Pyridine & pyridine derivatives manufacturing plant developers and related service providers
3. Vitamin B3 manufacturing companies
4. Large manufacturing plant owners
5. Investment banks
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Pyridine is segmented by types, namely, pyridine, beta picoline, alpha picoline, gamma picoline, and others. Pyridine type was the most widely used in the pyridine & pyridine derivatives market by volume, in the year 2015. Pyridine is used in different applications such as a solvent in the paint and rubber application, as a denaturant for alcohol, in antifreeze mixture, ethyl alcohol, and fungicides. Pyridine is used to manufacture vitamins, medicines, food flavorings, dyes, adhesives, pesticides, and herbicides. More than half of the pyridine produced is used to produce pesticides and herbicides.
Table of Contents
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Package Size
1.6 Limitations
1.7 Stakeholders
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Assumptions
3 Executive Summary
4 Premium Insights
Rising use of pharmaceuticals has led to an increase in the demand for pyridine & pyridine derivatives globally. The Asia-Pacific is projected to be the largest market for pyridine & pyridine derivatives followed by Europe. India is expected to be the fastest-growing market for pyridine & pyridine derivatives during forecast period. Top producers of pyridine & pyridine derivatives such as Jubilant Life Sciences Ltd. (India), Resonance Specialties Ltd. (India), and Nanjing Redsun Co. Ltd. (China) are located in the Asia-Pacific.
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Companies are investing in expansions and the manufacture of advanced products to cater to the increasing demand and strengthen their product portfolios in the pyridine & pyridine derivatives market. For example, Vertellus completed the expansion of its new niacinamide feed plant in Nantong, China. The new plant is Vertellus’ third production facility at the Nantong site. The expansion fully integrates the Nantong site from the production of beta picoline through the production of vitamin B3.
Research Coverage:
This research report categorizes the pyridine & pyridine derivatives market on the basis of type, application, and region. The report includes detailed information regarding the major factors influencing the growth of the pyridine & pyridine derivatives market such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been done to provide insights into business overviews, products & services, key strategies, expansions, mergers & acquisitions, new product developments, agreements, and recent developments associated with the market.
Reasons to Buy the Report
The report will help market leaders/new entrants in this market in the following ways:
1. This report segments the pyridine & pyridine derivatives market comprehensively and provides the closest approximations of market sizes for the overall market and sub segments across verticals and regions.
2. The report will help stakeholders understand the pulse of the market and provide them information on the key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders understand the major competitors and gain insights to enhance their positions in the business. The competitive landscape section includes expansions, acquisitions, and new product developments.
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