24-Mar-2020 | Facts and Factors
Findings from Facts and Factors report “Para Nitrochlorobenzene (PNCB) Market By Application (Agriculture, Pharmaceutical, Chemicals): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global para nitro chlorobenzene (PNCB) market in 2019 was above USD 400 million. The market is expected to grow above a CAGR of 6% and is anticipated to reach over USD 600 million by 2026.
4-Nitrochlorobenzene with formula ClC6H4NO2 is an organic compound with solid pale yellow. In the manufacture of many industries, 4-Nitrochlorobenzene is a typical intermediate that is useful compounds including certain rubber-borne antioxidants. Other isomers of the formula ClC6H4NO2 include2-nitrochlorobenzeneand3-nitro chlorobenzene. Chlorobenzene nitration gives a mixture of ~33% of o-nitro chlorobenzene and ~66% of p-nitro chlorobenzene. The mixture can not be isolated by distillation alone, as the boiling points are closely related. However, a cautious division by means of an effective column produces the first fraction enriched in p-nitro chlorobenzene and the last in o-nitro chlorobenzene.
Browse the full “Para Nitrochlorobenzene (PNCB) Market By Application (Agriculture, Pharmaceutical, Chemicals): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" https://www.fnfresearch.com/para-nitrochlorobenzene-pncb-market-by-application-agriculture-pharmaceutical-914
Growth in the pharmaceutical industry may drive the market. PNCB is used in the manufacturing of framycetin and paracetamol. The rise in the demand for oral therapies has been a key factor in driving the global PNCB market. Due to the increasing technological innovations and the incidence of chronic diseases, the demand for para nitro chlorobenzene is also increasing. Novel technologies are being developed to deliver drugs via an oral route. Such a trend in the global market has boosted the pharmaceuticals market, in turn driving the demand for PNCB. Moreover, P-Nitrochlorobenzene (PNCB) is used in the manufacture of rubber, dyes, and pesticide as an intermediate. The demand for p-nitro chlorobenzene has increased in recent years due to an increase in the demand for dyes. Rising textile manufacturing is also a primary contributor to increased demand. However, P-Nitrochlorobenzene is also considered a hazardous substance because cited by DOT, ACGIH, NFPA, and NIOSH, and regulated by OSHA. P-Nitrochlorobenzene can affect when breathed in and by passing through the skin, also contact can cause eye and skin irritation. Further, breathing p-Nitrochlorobenzene can irritate the nose and throat causing coughing and wheezing. Also, it can cause skin allergy. These factors may hamper the market growth. The increasing demand for dyes in the textile and clothing industry and growing demand for rubber chemicals due to the increasing use of rubber in the construction industry and automotive industry may produce lucrative opportunities in the market. Furthermore, the demand for insecticides in the agricultural sector is also driving the market.
By application segment, the market is divided into agriculture, pharmaceutical, and chemicals. Among these, the chemical segment headed the market with a share of above 45%, in 2019 and it is expected to grow over the forecast period owing to its increasing demand in the chemical industry.
By geography, Asia Pacific is expected to be the fastest-growing market for para nitro chlorobenzene (PNCB) during the years to come. In 2019, the Asia-pacific led the market with more than USD 235 million.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 400 Million |
Projected Market Size in 2026 |
USD 600 Million |
CAGR Growth Rate |
6% CAGR |
Base Year |
2020 |
Forecast Years |
2020-2026 |
Key Market Players |
Anhui Bayi Chemical Industry Co. Ltd., Jiaxing Zhonghua Chemical Co. LTD., Liaoning Shixing Pharmaceutical & Chemical Co. Ltd., Aarti Industries Ltd, Chemieorganic Chemicals India, Seya Industries Ltd, Kutch Chemical Industries Ltd., Chemieorganic Chemicals, and others. |
Key Segment |
By Application, By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
Request customized purchase options to meet your research needs. Explore purchase options |
The top key players operating in the market are Anhui Bayi Chemical Industry Co. Ltd., Jiaxing Zhonghua Chemical Co. LTD., Liaoning Shixing Pharmaceutical & Chemical Co. Ltd., Aarti Industries Ltd, Chemieorganic Chemicals India, Seya Industries Ltd, Kutch Chemical Industries Ltd., Chemieorganic Chemicals, and others.
This report segments the para nitro chlorobenzene (PNCB) market as follows:
Global Para Nitro Chlorobenzene (PNCB) Market: By Application Segmentation Analysis
- Agriculture
- Pharmaceutical
- Chemicals
Global para nitro chlorobenzene (PNCB) Market: Regional Segmentation Analysis
- North America
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
About Us:
Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.
Contact Us:
Facts & Factors
A - 2108, Sargam,
Nanded City,
Sinhagad Road,
Pune 411041, India
USA: +1-347-989-3985
Email: [email protected]
Web: https://www.fnfresearch.com
