Chlorobenzene Market to Exhibit USD 3,286.0 Million by 2028

The Global Chlorobenzene market is forecast to reach USD 3,286.0 Million by 2028, according to a new report by Reports and Data.

The Global Chlorobenzene market is forecast to reach USD 3,286.0 Million by 2028, according to a new report by Reports and Data. Chlorobenzene can be described as a flammable, colorless liquid organic compound, which has an aromatic, almond-like odor. The compound is the simplest member of the class of Mon chlorobenzenes. In context to its traits, some of this organic compound is dissolvable in water, but it quickly evaporates in air. It is denser than water (9.2 lb/gal) and vapors heavier than air. The compound does not occur naturally in the environment. The molecular formula of the compound is C6H5Cl. In the U.S, the production of the compound was declined by more than 60% during the 1960s. At present, the compound enjoys application in various end-user industries. In the past, the organic compound was used to manufacture chemicals like DDT and phenol. However, the use of the chemical in manufacturing pesticides like DDT has reduced because of reducing demand for DDT. Presently, the compound is used as a chemical intermediate to make to various chemicals, degrease automobile parts, and solvent for some pesticide formulations. It is also used to make dyes, pesticides, and various other chemicals. 

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Market Scenario:

The materials and chemicals sector has significantly grown over the recent years and is expected to register robust revenue CAGR over the forecast period. The materials and chemicals sector comprises daily wear products such as detergents, perfumes, soaps, and other raw materials and chemicals used in the manufacturing of other products. There has been a significant increase in the demand for raw materials and chemicals across various industrial sectors such as healthcare and pharmaceuticals, automotive, agriculture, manufacturing, paint, and food and beverages among others. Factors such as increasing awareness about green energy and excess carbon emission, changing consumer preference, growing adoption of biodegradable, sustainable and eco-friendly products, and rapidly expanding industries and building and construction sector are expected to boost global market revenue growth going ahead.

Major Companies:

  • Jiangsu Yangnong Chemicals Group Co. Ltd.
  • Beckmann-Kenko GmbH
  • JK Scientific Ltd
  • Meryer (Shanghai) Chemical Technology Co. Ltd.
  • Kureha Corporation
  • China Petrochemical Corporation
  • Chemada Fine Chemicals
  • Applichem GmbH
  • Lanxess

Competitive Landscape:

The report further sheds light on the competitive landscape and provides in depth information about each market player including its global position, product portfolio, financial standing, revenue growth and company overview. The market players are focused on adopting various inorganic and organic growth strategies such as mergers and acquisitions, joint ventures, collaborations, product launches and partnerships to gain a robust footing in the market.

Key questions addressed in the report:

  • What is the expected market size of the global Chlorobenzene market during the forecast period?
  • What CAGR is the global market expected to register during the forecast period?
  • Which key factors are expected to boost global market growth between 2021 and 2028?
  • What are the key restraints that are expected to hamper global market growth?
  • Which regional market is expected to register robust CAGR during the forecast period?
  • Which key players are operating the global Chlorobenzene market?

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Chlorobenzene Market Segmentation:

Type Outlook:

  • Monochlorobenzene
  • Paradichlorobenzene
  • Orthodichlorobenzene
  • Others

Application Outlook:

  • Nitrochlorobenzenes
  • Solvents
  • Polysulfone Polymers
  • Room Deodorants
  • Moth Control
  • Polyphenylene Sulfide Resin
  • Others

Regional Outlook:

  • North America
    • S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • K.
    • Italy
    • France
    • BENELUX
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Rest of LATAM
  • Middle East Africa
    • Saudi Arabia
    • A.E.
    • South Africa
    • Rest of MEA

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