Lucintel Forecasts the Global Chlorobenzene Market to Reach $4 Billion by 2030
Lucintel Forecasts the Global Chlorobenzene Market to Reach $4 Billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global chlorobenzene market looks promising with opportunities in the polymer & resin, deodorant & spray, adhesive & sealant, waxe, cosmetic, rubber, pesticide, and solvent markets. The global chlorobenzene market is expected to reach an estimated $4 billion by 2030 from $3 billion in 2024 at a CAGR of 5.3% from 2024 to 2030. The major drivers for this market are growing demand for nitrochlorobenzene and rising adoption of cosmetic and skincare products.
A more than 150-page report to understand trends, opportunity and forecast in global chlorobenzene market to 2030 by product (monochlorobenzene, o-dichlorobenzene, p-dichlorobenzene, m-dichlorobenzene, trichlorobenzene, hexachlorobenzene, and others), grade (industrial grade, technical grade, and pharmaceutical grade), application (polymers & resins, deodorants & sprays, adhesives & sealants, waxes, cosmetics, rubber, pesticide, solvents, and others), end use (paints & coatings, textile, pharmaceutical, agriculture, healthcare & medical, personal care, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that monochlorobenzene will remain the largest segment over the forecast period due to its growing demand from nitrochlorobenzene and diphenyl oxide manufacturers.
Within this market, solvent will remain the largest segment due to wide use of chlorobenzene in the manufacturing of paints, coatings with abrasives, adhesives, sealants, and polishes.
APAC will remain the largest region over the forecast period due to rapid population growth and significant usage of chlorobenzene in various end use industries, such as pharmaceuticals, dyes & pigments, pesticide and other organic chemicals in the region.
Aarti Industries, Chemieorganics Chemical, China Petroleum & Chemical, LANXESS, Kureha, Seya Industries, Panoli Intermediates India, J&K Scientific, Jiaxing Zhonghua Chemical, Meryer Chemical Technology are the major suppliers in the chlorobenzene market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056