Global Para Nitrochlorobenzene Market Size, Trends & Analysis with COVID-19 Impact - Forecasts to 2026 By Application (Dyes, Pesticides, Rubber Chemicals, Other Applications), By End-Use (Agriculture, Pharmaceuticals, Chemicals, Others), By Region (North America, Asia-Pacific, Middle East & Africa, CSA, Europe), End-User Landscape and Company Market Share Analysis and Competitor Analysis
Para Nitrochlorobenzene Market Insights
The para nitro chlorobenzene market is expected to grow in an upward direction during the forecast period. It is classified as a yellow, light crystalline solid. This organic compound is used in producing phenacetin, p-nitroaniline, and parathion. It works as an important raw material in the production of paracetamol, which has over 200 brands in India. The shutdown in the Chinese market during the COVID-19 led to a global shortage of paracetamol also impacting the market for p-nitro chlorobenzene for the aforementioned period. The rising rubber chemicals industry in the Asia-Pacific region would also lead to high consumption of the raw material nitro chlorobenzene in the market. The rising market share of benzene in the Asia-Pacific would also lead to high market growth during the forecast period.
Para Nitro chlorobenzene Market: By Application
Based on the application, the market considers dyes, rubber chemicals, and pesticides into being. The rubber chemicals segment would experience an upward growth path for this market. It is used in the production of rubbers and tires. The rising rubber chemicals market in the Indian region and also the USA is dominating the market for benzene paves the way for intermediate material p-nitro chlorobenzene. The pesticide segment too would grow in a positive direction owing to many uses of benzene in vegetable protection. The benzene material works by treating soil, seed, flowers, and field crops.
Para Nitro chlorobenzene Market: By End Use
Based on the end-use, the market considers agriculture, pharmaceuticals, and chemicals, among others. The pharmaceuticals segment experienced multifold growth in this market. As a critical raw material used for the production of paracetamol, benzene aids in relieving pain, flu, and cold symptoms. The chemicals segment would also have a huge market dominance during the forecast period. It is a profoundly used domestic and industrial chemical. The varied uses of this raw material will drive its market towards high growth during the forecast period.
Para Nitro chlorobenzene Market: By Region
The Asia-Pacific region is a leader for this market. The growing pharmaceutical industry and the rising sale volume of the paracetamol in the region would lead to high market growth in the region. Europe would hold a major market chunk during the forecast period. The strong chemical and pharmaceutical industry in the region paves the way for the strong market position for nitro chlorobenzene.
Company Market Share and Competitive Analysis
Key players operating in the market include Aarti Industries Limited, Panoli intermediates Pvt Ltd, VladaChem Gmbh, Oqema Gmbh, Echemi Solutions Gmbh, Sai Yashika BioChem, Triveni Chemicals, Brom Organics, Hemani Chemi Organic Private Limited, HIR Primak Enterprise, Ultra Chemical Works, Toronto Research Chemicals, and Alfa Aesar among others.
Please note: This is not an exhaustive list of companies profiled in the report
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The Global Para Nitrochlorobenzene Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Para Nitrochlorobenzene Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.
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