Pyridine & Pyridine Derivatives Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Type (Pyridine, Beta Picoline, Alpha Picoline, Gamma Picoline and Others), Application (Agrochemicals, Pharmaceuticals, Latexes, Food and Others), By Region, and Competition

Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format

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Pyridine & Pyridine Derivatives Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Type (Pyridine, Beta Picoline, Alpha Picoline, Gamma Picoline and Others), Application (Agrochemicals, Pharmaceuticals, Latexes, Food and Others), By Region, and Competition

It is forecasted that the U.S. agrochemical market will have a revenue of approximately USD 49 billion by 2025.

As per the data released by India Brand Equity Foundation, In June 2021, the Government of India announced an additional outlay of around USD 27 billion, which will be utilized for the Pharmaceutical PLI scheme in 13 key sectors such as pharmaceuticals ingredients, drug intermediaries and critical starting materials.

An Increase in the Acceptance of Agrochemicals in the Developing Countries

The found at land mass for agrochemicals to preserve soil health and boost land productivity is growing as the demand for food products increases in rising nations of the Asia Pacific region.


MIR Segment1

Increasing Paraquat Usage in Countries such as U.S., Brazil, and India

Despite being banned in several European and Chinese nations, paraquat is utilized in many other countries. Due to farmers' reliance on genetically modified, Roundup-ready soyabean crops, it is widely used in the United States. Since weeds are developing resistance to Roundup herbicides, farmers must use stronger and more efficient pesticides, including paraquat. This is fueling the growth of the Pyridine and Pyridine Derivatives Market over the forecast period as paraquat demand rises in the U.S.

Recent Trends and Developments

  • Jubilant Ingrevia has purchased a 26.60% stake in AMP Energy Green Fifteen in February 2021. The company has increased its presence in several regions thanks to the acquisition.
  • In December 2021, Vertellus has acquired Jarchem who is a global manufacturer and provider of Unique specialty ingredients and nature-based products to expand its product portfolio across multiple geographies.

Market Segmentation

Global Pyridine & Pyridine Derivatives Market is segmented based on Type, Application, and regional distribution. Based on Type, the market is segmented into Pyridine, Beta Picoline, Alpha Picoline, Gamma Picoline and Others. By Application, the market is further segmented into Agrochemicals, Pharmaceuticals, Latexes, Food and Others. The market analysis also studies the regional segmentation divided among North American region, European region, Asia-Pacific region, South American region, and Middle East & African region.

Market Players

Jubilant Ingrevia Limited, Vertellus holdings LLC, Parker Hannifin Corporation, Lonza Group Ltd., Nanjing Red Sun Company, Resonance Specialties Limited, Shandong Luba Chemical Co., Ltd., Hubei Sanonda Co., Ltd., Chang Chun Petrochemical Co., Ltd., and Koei Chemical Co., Ltd.are some of the major market players in Global Pyridine & Pyridine Derivatives Market.

Attribute

Details

Base Year

2022

Historical Years

2018 â€“ 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, Volume in Million Tonnes, and CAGR for 2018-2022 and 2023E-2028F

Report Coverage

·         Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Type

·         Application

Regional Scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country Scope

United States, Mexico, Canada, Germany, France, United Kingdom, Italy, Poland, Netherlands, China, Japan, South Korea, India, Vietnam, Australia, Brazil, Colombia, Argentina, South Africa, Saudi Arabia, UAE, Qatar

Key Companies Profiled

Jubilant Ingrevia Limited, Vertellus holdings LLC, Parker Hannifin Corporation, Lonza Group Ltd., Nanjing Red Sun Company, Resonance Specialties Limited, Shandong Luba Chemical Co., Ltd., Hubei Sanonda Co., Ltd., Chang Chun Petrochemical Co., Ltd., Koei Chemical Co., Ltd.

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