Nitrobenzene Market was valued at USD 9.7 billion in 2021 and is expected to grow at a CAGR of 6% between 2022 and 2028. Nitrobenzene is a pale yellow medium organic chemical with an almond-like smell. It is insoluble in water and produced on a commercial scale by nitration of benzene. The nitration process involves the formation of nitronium ions(NO2+), which are produced by the reaction between sulfuric and nitric acids. Howevervin order to use common high-performance plastics, chemistry is first converted into aniline and then into methylene diphenyl rendi(MDI).
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Top Major Key Players Industries
BASF SE
Aromsyn Co.,Ltd.,
Covestro AG,
Dow,
China Petroleum & Chemical Corporation (Nanjing Chemical Industrial Corporation),
Huntsman International LLC,
SP Chemicals Holdings Ltd,
Sumitomo Chemical Co., Ltd.,
Wanhua,
The Chemours Company (DuPont),
Wilbur-Ellis Holdings,
Inc. (Connell), and others.
By Application
Aniline Production
Pesticide Additive
Synthetic Rubber Manufacturing
Paint Solvent
Others
By End-Use
Construction
Agriculture
Pharmaceutical
Automotive
Others
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Scope of the Report
The research study analyzes the global Nitrobenzene Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Nitrobenzene Market Report
1. What was the Nitrobenzene Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Nitrobenzene Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Nitrobenzene Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
• Proliferation and maturation of trade in the global Nitrobenzene market.
• The market share of the global Nitrobenzene market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the global Nitrobenzene market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Nitrobenzene market.
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