Global Chlorobenzene Market is estimated to reach $2,942 million by 2024; growing at a CAGR of 5.8% from 2016 to 2024. In terms of volume, the market was valued at 1,579 Kilo tons in 2016, and expected to reach 2,201 Kilo tons by 2024, at a CAGR of 4.2% from 2016 – 2024.Chlorobenzene, also known as phenyl chloride or benzene chloride, is an aromatic, colourless, flammable liquid organic compound that is commonly used as solvent and also as intermediate for the manufacturing of other chemicals. It is produced by the chlorination of benzene in the presence of a catalyst and acids. These are commonly used in the manufacturing of various insecticides, pesticides and other chemicals and also used as degreasers, deodorizers, herbicides and fumigants.
Global Chlorobenzene Market Size and Forecast, 2015 – 2024 (US$ Million)
Growing demand for these chemicals in chemical industry for the manufacturing of other chemicals and compounds is the key driver for the market growth. Also, increasing use as deodorants have created huge demands for the product in the personal care industry. However environmental issue related with the use of these product as herbicides and pesticides and presence of safer alternatives would hinder the market growth in the coming years. Besides, high volatility of the compound provides several opportunities for its usage as an intermediate in various other reactions.
The global chlorobenzene market has been segmented into type, application, and geography. On the basis of type, market has been divided into monochlorobenzene, orthodichlorobenzene, paradichlorobenzene, and other types. On the basis of application, the market has been segmented as nitrochlorobenzene, polysulfone polymers, solvents, polyphenylene sulfide resin, room deodorants, moth control, and other applications.
Global Chlorobenzene Market, by Application
Based on geography, global chlorobenzene market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). North America is further bifurcated in U.S., Canada, and Mexico whereas Europe segment consist of UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, and Rest of Asia- Pacific, while RoW is bifurcated into South America, Middle East, and Africa.
Chlorobenzene market Regional Revenue % (2016 Vs 2024)
The key players operating in the market are Beckmann-Kenko GmbH, Alfa Chemistry, Chemada, Cambridge Isotope Laboratories, Inc., Gl Sciences Inc., Fluorochem Ltd., Hindustan Organics Chemicals Limited, Meryer (Shanghai) Chemical Technology Co. Ltd., Hbcchem, Inc., and Wako Pure Chemical Industries, Ltd., among others.
The key takeaways from the report
- The report will provide detailed analysis of Chlorobenzene Market with respect to major segments such as type, and application
- The report will include the qualitative and quantitative analysis with market estimation over 2015 – 2024 and compound annual growth rate (CAGR) between 2016 and 2024
- Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
- An exhaustive regional analysis of Chlorobenzene Market has been included in the report
- Profile of the key players in the Chlorobenzene Market will be provided, which include key financials, product & services, new developments and business strategies
Scope of the Global Chlorobenzene Market
- Other Types
- Polysulfone Polymers
- Polyphenylene Sulfide Resin
- Room Deodorants
- Moth Control
- Other Applications
- North America
- Rest of Europe
- Rest of Asia-Pacific
- South America
- Middle East
Global Chlorobenzene Market Primary Interviews, by Geography