Global para nitrochlorobenzene markets were valued at USD 384 million in 2019. They are expected to grow at a compound annual rate (CAGR), of 4.1% during the forecast period. This market is driven primarily by the use of para nitrochlorobenzene for generic medicine production. Para nitrochlorobenzene, the most widely used generic medicine worldwide, is one of the main raw materials for paracetamol manufacturing. Para nitrochlorobenzene, also called 4-Nitrochlorobenzene, is a pale yellow solid. It is a form nitrochlorobenzene, also known as 4-Nitrochlorobenzene. It accounts for 59% of the global market for NCB. The reaction of , nitric acid, and chlorobenzene produces NCB. The main use of NCB and its derivatives is in the production of many chemical intermediates, dyes and antioxidants for rubber processing.
The United States is a major country in the production of chemical chemicals. The forecast period will see significant capital investment in the petroleum sector that is expected to increase the production of para-nitrochlorobenzene. In 2017, and 2018, product demand was negatively affected by the trade war with China, as well as overstocking from slow downstream demand. Positive signs are emerging due to the expected reopening of a significant number of refinery facilities producing benzene in 2020.
The U.S. has seen steady growth in pesticide manufacturing, which is one of its major contributors. The outlook for pesticides will remain dim because it is highly regulated and active ingredients are under review due to concerns about their safety. Because they are used extensively in the production and distribution of generic medicine, pharmaceuticals are expected grow at a rapid pace.
Paracetamol can be made by reacting para-nitrochlorobenzene and caustic soda for 8 hours at 150°C under 5 kg/sq.cm pressure. Paracetamol formulas can be used to treat colds, viral fevers, and other ailments. They are also readily available over-the-counter, increasing awareness of their benefits, and, in turn, increasing their use. These medications are also less expensive than specialized drugs and have fewer side effects. It has also been shown to be effective in treating dental pains and swellings. It is also used in the preparation of dental tablets and gels.
The expiration of patents is another important factor that has contributed to the increase in generic medicine production. Paracetamol mixtures such as codeine and paracetamol are now being sold over-the-counter. China, India, the United States, and China are the top paracetamol producing countries. They are marked by major manufacturers like GlaxoSmithKline and Farmson Pharmaceutical Gujarat Private Limited and McNeil Consumer Healthcare.
Para nitrochlorobenzene, however, is used mainly in the pharmaceutical industry to produce paracetamol. This can be produced with different formulations such as ortho para-nitrotoluene, nitrobenzene, p-nitrophenol, or nitrations of phenol with para para-nitrotoluene. Producing medicine from p–nitrophenol decreases the production step of PAP and is therefore considered to be an economic advantage. These substitutes will likely reduce the need for para nitrochlorobenzene within the pharmaceutical industry.
Para nitrochlorobenzene is used in the production dyes, pesticides and rubber chemicals. The dyes segment dominated the market in 2019, accounting for 28.5% of the total revenue. The forecast period will see an increase in demand for dyes within the textile sector and the introduction of several high quality pigments.
From 2020 to 2027, the rubber chemicals segment will experience a 4.8% CAGR in terms of revenue. This is due to the rising demand for plastic and rubber products in a variety of end-use industries such as automotive, electronics, and consumer goods. The automotive industry is the main user of general rubber goods. Due to their durability and abrasion resistance, they are also used in the construction, mechanical and pharmaceutical industries.
The majority of rubber is used in tire production. This is due to the growing demand for 4-Nitrochlorobenzene in the global market. To meet regulatory and consumer requirements, tire manufacturers continually improve their products.
Based on revenue, the chemicals end-use segment accounted for 37.9% of the total market share in 2019. Due to the high level of captive consumption by manufacturers, this segment will see favorable growth over the next few years. Para nitro aniline, para bromo aniline and para fluoronitrobenzene are all synthesised from this chemical.
Based on the revenue forecast, the pharmaceuticals end-use market is expected to grow at a 4.7% CAGR. The rapid growth of the pharmaceutical market is expected to have a positive effect on drug manufacturing para nitrochlorobenzene. The demand for pharmaceuticals is expected to rise due to the emergence of new diseases and increasing awareness among the global populace.
The development of many healthcare facilities has been facilitated by the growing geriatric population, as well as a rise in disposable income, particularly in emerging countries like Brazil and China, where epidemics have caused havoc in the past. The demand for pharmaceutical intermediates has increased due to rising awareness of hygiene and sanitation.
Asia Pacific was the largest para nitrochlorobenzene regional market in 2019, accounting for 58.6% of the total volume. Para nitrochlorobenzene consumption has increased due to rising product demand in China, India, and significant capital investment in emerging economies. Para nitrochlorobenzene production will continue to grow in the region due to the integration of benzene plants.
Para nitrochlorobenzene is used in Asia Pacific in a variety of applications, including dyes and pesticides. The forecast period will see a rise in demand for dyes and pesticides from the textile industry. Due to the widening applications in rubber and plastic manufacturing, rubber chemicals will be the fastest-growing segment. Asia Pacific's demand for specialty chemicals will be positively impacted by the outsourcing of production to emerging countries.
North America will be the region expected to grow at the second fastest rate, with a revenue-based CAGR in excess of 4.3% between 2020 and 2027. North America's PNCB market is dominated by the United States, followed by Canada and Mexico. Para nitrochlorobenzene consumption has been boosted by the presence of many downstream chemical producers in the region and the establishment of specialty chemical manufacturing plants. A well-established value chain for benzene is helping to meet local demand and drive the regional market.
Global market is characterized by a number of small-scale and medium-sized manufacturers. Some market players have integrated themselves into the value chain, producing raw materials (benzene & chlorobenzene), para-nitrochlorobenzene, para nitrochlorobenzene, as well as the end products such as para nitroaniline or para chloroaniline. Aarti Industries Limited and Hefei TNJ Chemical Industry Co. Ltd. are the leaders in the global PNCB market due to their strong global reach and integrated presence throughout the value chain. Para nitrochlorobenzene is dominated by the following players:
Aarti Industries Limited
Hefei TNJ Chemical Industry Co., Ltd.
Seya Industries Ltd.
Panoli Intermediates India Private Limited
Chemdyes Corporation
Sarna Chemicals
Hefei TNJ Chemical Industry Co., Ltd.
Hangzhou Meite Industry Co. Limited
Charkit Chemical Company LLC
Jiangsu Yangnong Chemical Group Co. Ltd.
Up Market Research published a new report titled “Para Nitrochlorobenzene Market research report which is segmented by End Use (Pharmaceuticals, Chemicals), by Application (Dyes, Rubber Chemicals, Pesticides), By Players/Companies Jiangsu Yangnong Chemical Group Co Ltd, Panoli Intermediates India Private Limited, Aarti Industries Limited, Sarna Chemicals, Charkit Chemical Company LLC, Hangzhou Meite Industry Co Limited, Chemdyes Corporation, Seya Industries Ltd, Hefei TNJ Chemical Industry Co Ltd, Hefei TNJ Chemical Industry Co Ltd”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Para Nitrochlorobenzene Market Research Report |
By End Use | Pharmaceuticals, Chemicals |
By Application | Dyes, Rubber Chemicals, Pesticides |
By Companies | Jiangsu Yangnong Chemical Group Co Ltd, Panoli Intermediates India Private Limited, Aarti Industries Limited, Sarna Chemicals, Charkit Chemical Company LLC, Hangzhou Meite Industry Co Limited, Chemdyes Corporation, Seya Industries Ltd, Hefei TNJ Chemical Industry Co Ltd, Hefei TNJ Chemical Industry Co Ltd |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 245 |
Number of Tables & Figures | 172 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by End Use (Pharmaceuticals, Chemicals), by Application (Dyes, Rubber Chemicals, Pesticides).
Para Nitrochlorobenzene Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Para Nitrochlorobenzene Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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