DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Nitrobenzene Market- Segmented by End-User Industries, Application and Geography - Trends and Forecasts (2016 - 2021)" report to their offering.
Nitrobenzene and its derivatives are most commonly used in agriculture, construction, pharmaceuticals, cosmetics and automotive industry. Nitrobenzene is the basic raw material for aniline, which in-turn is used to produce MDI, which is a major compound in the production of polyurethane foam that is used in construction and other industries.
The market is mainly driven by an increase in urbanization in developing economies like India, China, etc., leading to the growth of the construction industry. Also, the growth of the agriculture industry leads to more demand for fertilizers, which in-turn results in a higher demand for nitrobenzene. The readily available raw material and cheap labor in China will help the nitrobenzene market growth in the region. However, the growing demand for bio-based chemicals and strict environment regulations can adversely affect the market.
The market can be segmented by application into aniline production, pesticides, synthetic rubber and lubricating oil, with aniline production being the major application. In 2015, about 98% of nitrobenzene was used for that purpose.
Companies Mentioned:
- Aromsyn Co., Ltd
- Bann Quimica Ltd.
- BASF SE
- China National Petroleum Corporation
- Exxon Mobil Corporation
- Finetech Industry Limited
- Huntsman Corporation
- Shandong Jinling Chemical Co.
- The Chemours Company
- The Dow Chemical Company
- Tianjin Elong Co., Ltd.
- Total S.A.
- Yantai Wanhua Polyurethane Co. Ltd.
Report Structure:
1. Introduction
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis (Market Size, Growth and Forecast)
7. Competitive Landscape
8. Company Profiles
9. Disclaimer
For more information about this report visit http://www.researchandmarkets.com/research/jrx8jw/global
