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Global Nitrobenzene Market - Segmented by Application, End-user Industry, and Geography - Growth, Trends and Forecasts (2018 - 2023)

Global Nitrobenzene Market - Segmented by Application, End-user Industry, and Geography - Growth, Trends and Forecasts (2018 - 2023)

The global nitrobenzene market is expected to witness a CAGR of approximately 3.5% during the forecast period, 2018-2023. The major factor driving the market growth is the increasing demand for aniline. In addition, recovering construction in countries, like the United Kingdom and Australia, is expected to drive the market during the forecast period.

Automotive Production Driving the Market

The nitrobenzene market is majorly driven by demand for aniline, as nitrobenzene is the primary raw material for aniline production. Aniline is a major component in the production of various chemicals, like MDI, which are further utilized in many end-user industries, like construction, cosmetic, pharmaceuticals, automotive, agriculture, and others. It is also utilized in manufacturing insulators, which are used in the construction industry.

Aniline Production the Largest Application Type

The market can be segmented by application into aniline production, pesticides, synthetic rubber, and lubricating oil, with aniline production being the major application. In 2017, more than 90% of nitrobenzene was used for aniline production.

Construction Industry Driving Asia Pacific Region

Asia-Pacific has the largest market for nitrobenzene, globally, because of demand from countries like China and India. Growing residential construction activities in these countries, because of rapid urbanization, is expected to drive the Asia-Pacific nitrobenzene market during the forecast period. China is the major driving force as it accounts for almost 70 % of Asia-Pacific’s demand, and represents approximately 35% of the global demand.

Major Players: BASF, Chemours, Covestro, Huntsman, and Wanhua Industrial, amongst others

Reason to Purchase this Report

To understand the impact of end-user industries on the market.
Analyzing various perspectives of the market with the help of Porter’s five forces analysis
To understand the dominating product type and application in the market
Countries expected to witness the fastest growth during the forecast period
Identify the latest developments, market shares and strategies employed by the major market players.
3 months analyst support along with the Market Estimate sheet in excel.

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1. Introduction
1.1 Scope of the Report
1.2 Research Phases
1.3 Study Deliverables
2. Executive Summary
3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness – Porter’s 5 Force Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
4. Market Dynamics
4.1 Drivers
4.1.1 Increasing demand for aniline
4.1.2 Easy availability of raw materials
4.1.3 Growing construction activities in Asia Pacific regions
4.1.4 Other drivers
4.2 Restraints
4.2.1 Growing demand for Bio - Based Chemicals
4.2.2 Other restraints
4.3 Opportunities
4.3.1 Stabilizing South American countries economy
4.3.2 Stabilizing construction sector in UK
4.3.3 Other Opportunities
5. Market Segmentation and Analysis - (Market size, Growth and forecast)
5.1 By Application
5.1.1 Aniline Production
5.1.2 Manufacture of Pesticides
5.1.3 Manufacture of Synthetic Rubber
5.1.4 Paint Solvent
5.2 By End User
5.2.1 Construction
5.2.2 Agriculture
5.2.3 Pharmaceuticals
5.2.4 Cosmetics
5.2.5 Automotive
6. Regional Market Analysis (Market size, growth and forecast)
6.1 Asia-Pacific
6.1.1 China
6.1.2 India
6.1.3 Japan
6.1.4 South Korea
6.1.5 Australia & New Zealand
6.1.6 ASEAN Countries
6.1.7 Rest of APAC
6.2 Europe
6.2.1 Germany
6.2.2 United Kingdom
6.2.3 France
6.2.4 Italy
6.2.5 Russia
6.2.6 Rest of Europe
6.3 North America
6.3.1 United States
6.3.2 Canada
6.3.3 Mexico
6.3.4 Rest of North America
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 South Africa
6.5.2 Qatar
6.5.3 Rest of MEA
7. Future of the Market
8. Competitive Landscape
8.1 Mergers & Acquisitions, Joint Ventures, Collaborations and Agreements
8.2 Market Share Analysis**
8.3 Strategies Adopted by Leading Players
9. Company Profiles (Overview, Financials**, Products & services, Recent Developments, and Analyst View)
9.1 Aromsyn Co., Ltd
9.2 Bann Quimica Ltd.
9.4 Covestro AG
9.5 Finetech Industry Limited
9.6 Huntsman Corporation
9.7 Shandong Jinling Chemical Co.
9.8 The Chemours Company
9.9 The Dow Chemical Company
9.10 Tianjin Elong Co., Ltd.
9.11 Total S.A.
9.12 Yantai Wanhua Polyurethane Co. Ltd.
*( List not exhaustive)
10. Disclaimer
** Subject to availability on public domain

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