Pyridine & Pyridine Derivatives Market worth $940 million by 2027 - Exclusive Report by MarketsandMarkets™
CHICAGO, June 7, 2022 /PRNewswire/ -- According to the recent study on "Pyridine & Pyridine Derivatives Market by Type (Epoxy, Acrylic, Silicone), End-Use Industry (Oil & Gas, and Petrochemical; Marine; Energy & Power) & Region (North America, Europe, APAC, MEA, South America) - Global Forecast to 2027", published by MarketsandMarkets™, the global Pyridine & pyridine derivatives market size is projected to grow from USD 701 million in 2022 to USD 940 million by 2027, at a CAGR of 6.1%. The major trend impacting the dynamics of the industry are increasing demand for agrochemicals in Asia-Pacific. Also, an increase in the demand for vitamin B3 in emerging and highly populated countries of Asia-Pacific such as India and China will drive the market.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=36411434
Browse in-depth TOC on "Pyridine & Pyridine Derivatives Market"
372 – Tables
39 – Figures
262 – Pages
View Detailed Table of Content Here: https://www.marketsandmarkets.com/Market-Reports/pyridine-derivatives-market-36411434.html
Pyridine to lead the market during the forecast period.
The pyridine segment is estimated to lead the market during the forecast period. Pyridine can be produced through two methods, the natural method and through the synthesis of chemicals. It is majorly used in the pharmaceutical and agrochemical industry. Half of the pyridine is used to manufacture insecticides and herbicides. It is also used as a solvent in paint and rubber production.
The Pyridine & pyridine derivatives market in the pharmaceutical industry to hold the largest proportion during the forecast period.
Based on the end-use industry, the pharmaceutical industry is estimated to account for the largest share during the forecast period. Pyridine and its derivatives are used for drug manufacturing to cure various diseases.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=36411434
Asia Pacific Pyridine & pyridine derivatives market is estimated to register the highest CAGR during the forecast period.
APAC is the fastest-growing Pyridine & pyridine derivatives market globally. This is mainly due to economic growth, followed by large investments across all industries such as agrochemical, and pharmaceutical industries. The Asia Pacific is the most promising market and is expected to be the same during the forecast period.
Major players operating in the Pyridine & pyridine derivatives market include Jubilant Ingrevia (India), Vertellus Holdings LLC (US), Lonza Group AG (Switzerland), Nanjing Redsun Co. Ltd. (China), Resonance Specialties Ltd. (India), Shandong Luba Chemical Co. Ltd. (China), Hubei Sanonda Co. Ltd. (China), Chang Chun Petrochemical Co. Ltd. (Taiwan), Koei Chemical Co. Ltd. (Japan), and C-Chem Co., Ltd. (Japan) among others.
Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=36411434
Browse Adjacent Markets: Specialty Chemicals Market Research Reports & Consulting
Related Reports:
Acetaldehyde Market by Process (Wacker Process, Oxidation of Ethanol, Dehydrogenation of Ethanol), Derivative (Pyridine & Pyridine Bases, Pentaerythritol), Application (Food & Beverage, Chemicals, Paints & Coatings), and Region - Global Forecast to 2022
https://www.marketsandmarkets.com/Market-Reports/acetaldehyde-market-113225129.html
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/pyridine-derivatives-market.asp
Visit Our Website: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/pyridine-derivatives.asp
SOURCE MarketsandMarkets
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article