Materials & Chemicals

Pyridine Market by Type (Pyridine-N-Oxide, Alpha Picoline, Beta Picoline, Gamma Picodine, and 2-Methyl-5-Ethylpyridine (MEP)), and End-user Industry (Agrochemicals, Pharmaceuticals, Chemicals, Food, Electronics & Semiconductor, and Others) - Global Opportunity Analysis and Industry Forecast, 2017-2023

  • ALL1296619
  • 225 Pages
  • June 2017
  • Materials & Chemicals

Pyridine is a colorless liquid with a boiling point of 115.2 °C and freezing point of −41.6 °C, being miscible with water and virtually all organic solvents. It is weakly basic, and with hydrochloric acid it forms a crystalline hydrochloride salt. It is obtained from crude coal tar or is synthesized from formaldehyde, acetaldehyde, and ammonia. It is often used as a denaturant in antifreeze mixtures, ethyl alcohol, and fungicides; and as a dyeing agent in textiles.

The global pyridine market was valued at $542 million in 2016, and is expected to reach at $773 million by 2023, registering a CAGR of 5.1% during the forecast period. The global pyridine market is expected to witness several growth opportunities, owing to rise in demand for agrochemicals, pesticides, and herbicides.

The demand for pyridine is anticipated to witness a boost especially in agrochemicals application segment, owing to increase in pest concerns and rise in awareness among farmers, especially in the developing countries. Moreover, rise in the demand for pyridine, specifically in pharmaceuticals, and as a denaturant in antifreeze mixtures drives the overall demand for pyridine globally. The agrochemicals segment is expected to register a CAGR of 4.8% during the forecast period.

The global pyridine market is segmented based on type, application, and geography. Based on type, it is divided into pyridine N-oxide, alpha picoline, beta picoline, gamma picoline, and 2-methyl-5-ethylpyridine. The beta picoline segment is expected to register the highest CAGR during the forecast period. On the basis of application, it is classified into agrochemicals, pharmaceuticals, chemicals, foods, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key market players have invested significantly on R&D activities to develop advanced products to cater to the demand from end users. The major players in the pyridine market are:

  • Jubilant Life Sciences
  • Resonance Specialties Limited
  • Lonza Group Ltd.
  • Vertellus Specialties Inc.
  • Red Sun Group
  • Shangdong Luba Chemical Co. Ltd.
  • Koei Chemical Company Limited
  • Weifang Sunwin Chemical Company Limited
  • Mitsubishi Chemical Company
  • Bayer AG

KEY BENEFITS FOR STAKEHOLDERS

  • The report provides detailed qualitative and quantitative analysis of the current market estimations and trends during the forecast period to determine the prevailing market opportunities.
  • Comprehensive analysis of factors that drive and restrict the growth of the market is provided.
  • Detailed regional analysis based on primary and secondary sources is provided.
  • Extensive analysis is conducted by following product benchmarking, positioning, and monitoring the top competitors within the global market.
  • The report provides extensive qualitative insights on the significant segments or regions.
  • It offers key insights on strategic analysis of various companies and the value chain analysis of the pyridine market.

KEY MARKET SEGMENTS

By Type

  • Pyridine N-Oxide
  • Alpha Picoline
  • Beta Picoline
  • Gamma Picoline
  • 2-Methyl-5-ethylpyridine

By Application

  • Agrochemicals
  • Pharmaceuticals
  • Chemicals
  • Foods
  • Others

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • Spain
    • France
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • Australia
    • Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • KSA
    • South Africa
    • Rest of LAMEA

The other players in the value chain (profiles not included in the report) include

  • Novasyn Organics
  • Resonance Specialties Limited
  • Labex Corporation
  • LeeChem India Pvt. Ltd.
  • GFS Chemicals Inc.
  • Seidler Chemical Company
  • Hudson Chemicals
  • Prochem Inc.
  • Innova Chemicals
  • Scientific Solutions, LLC.

*The above list of companies is not profiled in the report, and can be added based on client interest.

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