France Pyridine & Pyridine Derivatives Market By Type (Pyridine, Beta Picoline, Alpha Picoline, Others), By Application (Agrochemicals, Pharmaceuticals, Rubber, Food & Beverages, Others), By Region, Competition, Forecast & Opportunities, 2018-2028F
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationFrance Pyridine & Pyridine Derivatives Market By Type (Pyridine, Beta Picoline, Alpha Picoline, Others), By Application (Agrochemicals, Pharmaceuticals, Rubber, Food & Beverages, Others), By Region, Competition, Forecast & Opportunities, 2018-2028F
In 2020, almost 5443.1 tonnes of insecticides were sold in France.
France Pyridine & Pyridine Derivatives Market is expected to expand during the projected period due to increasing demand from agrochemicals sector as pyridine derivatives are extensively used in the production of pesticides, herbicides, fungicides, and insecticides. These derivatives offer effective crop protection solutions, enabling farmers to combat pests, diseases, and weeds effectively.
Along with this, pyridine & its derivatives are also used int the pharmaceutical industry. For example, beta picoline is used in the production of Vitamin B6 & Vitamin B3. Vitamin B3 is used in various pharmaceutical applications like it help in the cure of skin diseases, maintain cholesterol level, improve digestive function and minimize the risk of cardiovascular diseases. Rising Demand from Agrochemicals Sector
For instance, according to European Commission, France has agricultural land is approximately 28 million ha, about half of its total territory
Furthermore, according to world bank, agriculture sector has 1.64 % share in the total GDP of France.
Within this sector, the demand for pyridine and pyridine derivatives has been steadily increasing in France. Pyridine is a heterocyclic organic compound with a wide range of applications, particularly in the field of agrochemicals. Its derivatives, including picolinic acid, niacin, and pyridoxine, also find extensive use in the agricultural industry. Pyridine derivatives are widely utilized in the production of pesticides and insecticides, serving as active ingredients that protect crops from pests, diseases, and weeds. These derivatives offer excellent efficacy against a range of harmful organisms, providing farmers with effective tools to safeguard their crops and enhance yields. The demand for crop protection solutions is rising due to the increasing need for pest control and disease management in agriculture. Pyridine derivatives, such as picloram and picolinic acid, play a crucial role in formulating selective herbicides and broad-spectrum insecticides, ensuring efficient crop protection, weed control & management and minimizing environmental impact.
These derivatives help inhibit weed growth and compete with essential crops for resources, reducing yield losses and ensuring optimal plant growth. Pyridine-based herbicides, such as clopyralid and fluroxypyr, offer selective weed control and enable farmers to tackle specific weed species effectively, leading to improved crop quality and enhanced agricultural output. Furthermore, compounds like 2,4-D (2,4-dichlorophenoxyacetic acidc) and picloram act as plant growth regulators, influencing plant development, flowering, and fruiting processes. These derivatives assist farmers in achieving desired plant characteristics, such as increased fruit yield, enhanced fruit size, and improved overall plant health. By incorporating pyridine derivatives into their agricultural practices, farmers can optimize crop production and meet market demands for high-quality produce. Additionally, the usage of pyridine in agrochemicals can be treated as a risk-hedging technique and considered as a safe investment which has led to increased sales of fertilizers and pesticides.
Moreover, precision farming involves the use of technology to optimize crop yields and reduce waste. This farming requires the use of precise amounts of agrochemicals which help to reduce the waste of crops and maintain the quality of crops. The adoption of precision farming techniques is growing, especially in developed countries, where farmers are looking for ways to increase their efficiency and reduce their costs. Thus, the demand of agrochemicals raises for the precision farming.
In addition to this, the demand for pyridine and pyridine derivatives in the agrochemicals sector aligns with the growing emphasis on sustainable agricultural practices in France. Farmers are increasingly adopting environmentally friendly solutions that minimize the ecological impact of crop protection measures. Pyridine derivatives offer effective alternatives to traditional chemical pesticides, as they can provide targeted pest control with lower toxicity and reduced persistence in the environment. This promotes the adoption of integrated pest management (IPM) strategies and supports sustainable farming practices, ensuring the long-term health of agricultural ecosystems.
Therefore, increasing demand of pyridine & pyridine derivatives in the agrochemicals sector led to the growth of France Pyridine & Pyridine Derivatives Market in the upcoming years.
For instance, according to Leem, USD 65.38 billion revenue (ex-factory price excluding taxes) generated in France by pharmaceutical companies in 2019, including 50% for export.
For instance, Azelis supplies 2-Amino-4-Methylpyridine which has been used in the synthesis of 2-amino-4-methylpyridinium 2-hydroxybenzoate and it is potent inhibitor of NOS2 (iNOS) in vitro as well as it is used as pharmaceutical intermediate in the production of veterinary drugs.
Furthermore, the demand for pyridine and pyridine derivatives in the pharmaceutical sector is intricately linked to research and development (R&D) activities. As the pharmaceutical industry evolves, there is a continuous need for innovation and the development of new drug candidates. Pyridine derivatives offer a versatile platform for drug discovery and optimization, allowing researchers to explore new therapeutic targets and develop novel treatment options. Investment in R&D by pharmaceutical companies and academic institutions drives the demand for pyridine derivatives, facilitating the discovery of new drug molecules and expanding the pharmaceutical pipeline. Hence, the increased use of pyridine & pyridine derivatives in the manufacturing of pharmaceutical sector fueling the France Pyridine & Pyridine Derivatives Market growth in the projected period.
Increasing Demand from Food & Beverages Sector
For instance, according to Foreign Agricultural Service of U.S. Department of Agriculture, in 2022 the French food processing sector generating USD 211 billion in sales.
The incorporation of pyridine derivatives into dietary supplements and fortified food products helps address nutritional deficiencies and promote overall health and well-being. All these factors are anticipated to boost the France pyridine & pyridine derivatives market.
However, fluctuations in the prices as well as availability of raw materials such as coal tar can significantly impact the overall production costs of pyridine and its derivatives, affecting market stability and restraining the growth of the market. Furthermore, stringent regulations regarding the excessive use of pyridine & its derivatives in agrochemicals products like herbicide, insecticides, etc. which further slowdown the France pyridine & pyridine derivatives market growth.
Recent Development
- In
2022, Azelis extends partnership with Sun Chemical to France and Benelux
for the industrial chemicals market..
Market Segmentation
France Pyridine & Pyridine Derivatives Market is segmented based on
Company Profiles
Resonance Specialties Limited, Merck S.A. (France), Azelis France S.A.S, Thermo Fisher Scientific, CARLO ERBA Reagents SAS, SEQENS Le Grand-Serre (Novapex), Grosseron SAS are some of the key players in France Pyridine & Pyridine Derivatives Market.
|
Attribute |
Details |
|
Base Year |
2022 |
|
Historic Data |
2018 – 2021 |
|
Estimated Year |
2023 |
|
Forecast Period |
2024 – 2028 |
|
Quantitative Units |
Revenue in USD Million, Volume inTonnes, and CAGR
for 2018-2022 and 2023-2028 |
|
Report coverage |
Revenue forecast,
volume forecast, Company shares, competitive landscape, growth factors, and trends |
|
Segments covered |
Type Application |
|
Region scope |
Northern
France, Southern France, Western France, Central France, Eastern France,
Southwestern France |
|
Key companies profiled |
Resonance
Specialties Limited, Merck S.A. (France), Azelis France S.A.S, Thermo Fisher
Scientific, CARLO ERBA Reagents SAS, SEQENS Le Grand-Serre (Novapex),
Grosseron SAS |
|
Customization scope |
10% free report customization with purchase. Addition
or alteration to country, regional & segment scope. |
|
Pricing and purchase
options |
Avail customized
purchase options to meet your exact research needs. |
|
Delivery Format |
PDF
and Excel through Email (We can also provide the editable version of the report
in PPT/Word format on special request) |
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