The global demand for Chlorobenzene Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028. Whereas with regards to volume, the market was calculated XX KT in 2021 and foreseen to touch XX KT by 2028 with a CAGR of XX% during 2022-2028.
Chlorobenzene is a aromatic organic compound. It is colorless, volatile and flammable liquid prepared from chlorination of benzene. Chlorobenzene is widely used as solvent and as a raw material in the manufacturing of other chemicals. It is majorly used for production of commodities sucha s rubber, dyestuff, and herbicides and as a high-boiling solvent in the manufacture of removers, polishes, adhesives, paints, paint dyes, and drugs.
Market Dynamics
Demand forchlorobenzenes in more industrialized regions has been stagnant for the past few decades due to shift toward thesubstitution of alternative chemistry in the production of such products as phenol, rubber chemicals, and moth controlagents. Growing industrialization in developing countries has resulted ina buildup of new chlorobenzene capacity in Asia Pacific. Monochlorobenzene accounted for about two third of total chlorobenzene consumption. China is the world’s largest manufacturer and consumer, accounting for nearly two-thirds of total consumptiom. However, growing environmental concern over usage of chlorinated solvents and herbicidesis contributing tothe slow decline.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of chlorobenzene.
Market Segmentation
The entire chlorobenzene market has been sub-categorized into type, form, function, and grade. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Function
- Solvent
- Degreasing agent
- Chemical intermediate
By Type
- Monochlorobenzene
- Para-Dichlorobenzene
- Ortho-Dichlorobenzene
- m-Dichlorobenzene
- Tetrachlorobenzene
- Trichlorobenzene
- Hexachlorobenzene
- Others
By Grade
- Agrochemical grade
- Industrial grade
- Pharmaceutical grade
By Form
- Free Flowing, White Flake
- Clear Colorless liquid
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for chlorobenzene market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Chlorobenzene Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the chlorobenzene market include Lanxess, Kureha Corporation, Kutch Chemical Industries Ltd, Anhui Bayi Chemical Industry and Tianjin Bohai Chemical Industries. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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