Nitrobenzene Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026

Report Code: CMR 87346 Report Format: PDF + Excel (Delivery in 48 Hrs)

Overview

Nitrobenzene Market is forecast to reach $11.31 billion by 2025, after growing at a CAGR of 3.58% during 2020-2025. Increasing demand for aniline is the key factor in driving market growth. In addition, recovering construction is expected to drive the market during the forecast period in countries such as the United Kingdom and Australia.

Report Coverage

The report: “Nitrobenzene Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Nitrobenzene Market.



Key Takeaways

  • The demand for nitrobenzene is increasing which replaces bio-based chemicals such as volatile organic compounds and helps to reduce emission.
  • Increasing development in pharmaceuticals, dyes, chemical and chemical industries are estimated to increase the market growth in the near future.
  • In India, China and Brazil, growth in the agricultural industry is anticipated to boost nitrobenzene market growth, owing to supportive regulatory support for access to raw materials.
  • In the future, rubber growth in the automotive industry is expected to increase the growth of the nitrobenzene market.

End-user Industry - Segment Analysis

The automotive segment held the largest share in the Nitrobenzene Market in 2018. Growing demand for synthetic rubber is likely to have a positive impact on the Nitrobenzene market. With increasing sales of passenger and commercial vehicles, the automotive industry is developing worldwide. It has been projected that nearly 90 million vehicles sold in 2015 and is expected to sell 108 million by 2020. The global automotive industry is driven by increased per capita income and an increasing population across regions.

Application - Segment Analysis

Aniline Production sector has been the primary market for Nitrobenzene at a CAGR of 5.07%. The demand for aniline drives most of the nitrobenzene market as nitrobenzene is the main raw material for the production of aniline. In the production of various chemicals such as MDI, aniline is a major component that is further used in end-user industries such as construction, cosmetics, pharmaceuticals, automotive, agriculture, and others. It is also used in the construction sector for the manufacturing of insulators.

Geography - Segment Analysis

APAC dominated the Nitrobenzene Market with a share of more than 38%, followed by North America and Europe. Agriculture outlook in China, Philippines, India, Bangladesh, and Pakistan amidst regulatory inclination to increase production at the domestic level. Due to the easy availability of raw materials like Sulfuric acid, Benzene and the low manufacturing and labor costs, the expedition development in China for pharmaceutical, dyes, pesticides, rubber, and chemical industries are anticipated to have a positive impact on nitrobenzene market growth. It is projected to increase demand for MDI for the manufacturing of insulators in India, due to the inclusion of domestic construction industry growth.

Drivers – Nitrobenzene Market

  • Rise in agricultural sustainability

Nitrobenzene is used as an energy source for plants and leads to an increase in crop yield. In global agriculture, the industry has made several changes by developing, farming techniques, drip irrigation, crop protection, and soil management have changed significantly. The governments are continuously imposing the focus on organic farming in the fields of the economy, social, and the environment by providing farmers with education and training to improve the quality of crops, productivity and soil texture.

Challenges – Nitrobenzene Market

  • Increasing demand for bio-based fertilizers

The EU Commission and the United States EPA developed regulatory standards proposed to reduce emissions of volatile organic compounds (VOCs) leading to increased demand for bio-based chemicals and, thus, likely to hinder market growth for nitrobenzene. United States EPA listed nitrobenzene as a potential occupational carcinogen which is anticipated in the near future as a major challenge for the industry Increasing organic fertilizer demand due to growing environmental concerns will restrict the nitrobenzene market growth in the near future.

Market Landscape

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Nitrobenzene Market. In 2018, the market of Nitrobenzene has been consolidated by the top five players accounting for xx% of the share. Major players in the Nitrobenzene Market are Huntsman Corporation, BASF SE, First Chemical Corp, DuPont Chemical Solutions Enterprise, Bayer AG, Yantai Wanhua Polyurethane Co. Ltd., Shandong Jinling Chemical Co., Sumitomo Chemical Co. Ltd., and Bann Quimica Ltd., among others. 

1. Nitrobenzene Market - Overview
        1.1 Definitions and Scope
2. Nitrobenzene Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Nitrobenzene Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Nitrobenzene Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Nitrobenzene Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Nitrobenzene Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Nitrobenzene Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Nitrobenzene Market - By Product Type (Market Size -$Million / $Billion)
9. Nitrobenzene Market - By End-user Industry (Market Size -$Million / $Billion)
9.1 Construction
9.2 Agriculture
9.3 Pharmaceuticals
9.4 Cosmetics
9.5 Automotive
10. Nitrobenzene - By Application (Market Size -$Million / $Billion)
10.1 Aniline Production
10.2 Manufacture of Pesticides
10.3 Manufacture of Synthetic Rubber
10.4 Paint Solvent
11. Nitrobenzene- By Geography (Market Size -$Million / $Billion)
        11.1 Nitrobenzene Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Nitrobenzene- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Nitrobenzene- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Nitrobenzene - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong Kong
                  11.8.5.9 Rest of APAC
        11.9 Nitrobenzene - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Nitrobenzene Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Nitrobenzene Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at a global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Nitrobenzene Market - Key Company List by Country Premium
15. Nitrobenzene Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 Aromsyn Co., Ltd
        15.3 Bann Quimica Ltd
        15.4 Basf Se
        15.5 Covestro Ag
        15.6 Finetech Industry Limited
        15.7 Huntsman Corporation
        15.8 Shandong Jinling Chemical Co
        15.9 The Chemours Company
        15.10 The Dow Chemical Company
        15.11 Tianjin Elong Co, Ltd
        15.12 Total S A
        15.13 Yantai Wanhua Polyurethane Co Ltd
        15.14 Company 13
        15.15 Company 14 & More
*Financials would be provided on a best efforts basis for private companies
16. Nitrobenzene Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Nitrobenzene Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends

List of Tables

1 US Nitrobenzene Market Size 2018
2 Canada Nitrobenzene Market Share 2018
3 Brazil Nitrobenzene Market Outlook 2019 - 2023
4 Mexico Nitrobenzene Market Research 2018
5 Germany Nitrobenzene Market Trends 2019 - 2023 
6 France Nitrobenzene Market Growth 2019 - 2023 
7 UK Nitrobenzene Market Demand 2019 - 2023 
8 Italy Nitrobenzene Market Segmentation 2018
9 Russia Nitrobenzene Market Analysis 2019 - 2023
10 China Nitrobenzene Market Revenue 2019 - 2023
11 Japan Nitrobenzene Market Volume 2019 - 2023
12 South Korea Nitrobenzene Market Potential 2019 - 2023
13 India Nitrobenzene Market Leaders 2018
14 Saudi Arabia Nitrobenzene Market Forecast 2019 - 2023 
15 Kuwait Nitrobenzene Market Value 2018

List of Figures

For complete list of 60+ tables and 60+ figures follow the Link