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Global Nitrobenzene Market 2017-2021

Global Nitrobenzene Market 2017-2021

About Nitrobenzene

Nitrobenzene is a synthetic compound, which is primarily used to manufacture aniline and is used as a precursor for manufacturing chemicals that are used in various applications such as agriculture, cosmetics, and pharmaceuticals. Nitrobenzene is also used to manufacture synthetic rubber, pesticides, and as a solvent in petroleum refining and to manufacture acetates and cellulose ethers.

Technavio’s analysts forecast the global nitrobenzene market to grow at a CAGR of 3.12% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global nitrobenzene market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global Nitrobenzene Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • BASF
  • Chemours
  • Covestro
  • Huntsman
  • Wanhua Industrial Group
Other prominent vendors
  • Aromsyn
  • Bann Química Ltda.
  • Connell Chemical Industry
  • Nanjing Chemical Industries
  • SP Chemicals
Market driver
  • Increasing demand for polyurethane foam
  • For a full, detailed list, view our report
Market challenge
  • Limited availability of arable land
  • For a full, detailed list, view our report
Market trend
  • Economic growth in APAC
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Nitrobenzene Market 2017-2021

Technavio recognizes the following companies as the key players in the global nitrobenzene market: BASF, Chemours, Covestro, Huntsman, and Wanhua Industrial Group.

Other Prominent Vendors in the market are: Aromsyn, Bann Química Ltda., Connell Chemical Industry, Nanjing Chemical Industries, and SP Chemicals.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is economic growth in APAC. APAC has witnessed an improved standard of living due to the economic growth in the region. China witnessed the fastest growth in the region in 2015, and observed a sharp rise in the economy.”

According to the report, one driver in the market is increasing demand for polyurethane foam. Nitric acid is used to produce toluene diisocyanate (TDI), which is used to manufacture polyurethane foam. TDI and MDI are the two major constituents of polyurethane foam. While MDI is primarily used for producing rigid polyurethane foams, TDI is the key raw material for flexible polyurethane foams Polyurethane foams constitute the biggest category of cellular polymeric foam.

Further, the report states that one challenge in the market is limited availability of arable land. Arable land is agricultural land that is occupied with crops both sown and harvested during the same year. Due to the rise in industrialization, urbanization, energy demand, and population growth, the conversion of cropland to other uses is increasing. In 1950, the arable land was more than the global population, but it gradually started to decrease.



Companies Mentioned

BASF, Chemours, Covestro, Huntsman, Wanhua Industrial Group, Aromsyn, Bann Química Ltda., Connell Chemical Industry, Nanjing Chemical Industries, and SP Chemicals.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Outlook
  • Market landscape
    • Market size and forecast
      • Table Global nitrobenzene market 2016 and 2021 ($ millions)
      • Table Global nitrobenzene market 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global nitrobenzene market by application
      • Table Global nitrobenzene market by application 2016
      • Table Global nitrobenzene market by application 2021
    • Global nitrobenzene market for aniline production
      • Table Global nitrobenzene market for aniline production 2016 and 2021 ($ millions)
      • Table Global nitrobenzene market for aniline production 2016-2021
      • Table End users of aniline
    • Global nitrobenzene market for other applications
      • Table Global nitrobenzene market for other applications 2016 and 2021 ($ millions)
      • Table Global nitrobenzene market for other applications 2016-2021
  • Geographical segmentation
    • Global nitrobenzene market by geography
      • Table Global nitrobenzene market by geography 2016
      • Table Global nitrobenzene market by geography 2021
    • Nitrobenzene market in APAC
      • Table Nitrobenzene market in APAC 2016 and 2021 ($ millions)
      • Table Nitrobenzene market in APAC 2016-2021
    • Nitrobenzene market in North America
      • Table Nitrobenzene market in North America 2016 and 2021 ($ millions)
      • Table Nitrobenzene market in North America 2016-2021
    • Nitrobenzene market in Europe
      • Table Nitrobenzene market in Europe 2016 and 2021 ($ millions)
      • Table Nitrobenzene market in Europe 2016-2021
    • Nitrobenzene market in ROW
      • Table Nitrobenzene market in ROW 2016 and 2021 ($ millions)
      • Table Nitrobenzene market in ROW 2016-2021
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global motor vehicle sales 2015-2020 (millions of units)
      • Table Global passenger vehicle sales 2015-2020 (millions of units)
      • Table Global commercial vehicle sales 2015-2020 (millions of units)
      • Table Motorcycle tires by volume, 2016- 2021 (%)
    • Market challenges
  • Market trends
    • Economic growth in APAC
    • Abundant use of fertilizers
  • Vendor landscape
    • Competitive landscape
    • Major market vendors
      • Table Global nitrobenzene market: Major vendors
    • Other prominent vendors
  • Key vendor analysis
    • BASF
      • Table BASF: Business segment by revenue 2016
      • Table BASF: Geographical segment by revenue 2016
    • Chemours
      • Table Chemours: Business segmentation by revenue 2016
      • Table Chemours: Geographical segmentation by revenue 2016
    • Covestro
      • Table Covestro: Business segmentation by revenue 2016
      • Table Covestro: Geographical segmentation by revenue 2016
    • Huntsman
      • Table Huntsman: Business segmentation by revenue 2016
      • Table Huntsman: Geographical segmentation by revenue 2016
    • Wanhua Industrial Group
  • Appendix
    • List of abbreviations
  • Explore Technavio

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