The report “Nitrobenzene Market by Application (Aniline & Others) and by Geography Global - Forecasts to 2019”, was valued at $8,219.1 Million in 2014 and is expected to reach a value of $9,504.5 Million by 2019, estimated to grow at a CAGR of 2.9%,from 2014 to 2019.
Browse through the TOC of “Nitrobenzene Market, by Application (Aniline & Others) and by Geography Global - Forecasts to 2019” for an analysis of industry trends and segments, with the help of various tables and figures.
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The global nitrobenzene market is significantly penetrating into various end-use industries. The Asia-Pacific region is expected to dominate this market with its growing demand for nitrobenzene in different application verticals; especially in construction. The increasing population and significant economic growth in the Asia-Pacific region has resulted in the growth of the construction and infrastructure industries, thereby increasing the demand for MDI, which is derived from nitrobenzene.
The investments and expansions adopted by the key players in the market are also driving the growth of the global nitrobenzene market. The manufacturing companies, associations, and end-product manufacturers infuse high investments for future advancements and technology modifications in the nitrobenzene market, so as to cater to the rising demands for nitrobenzene from the various end-user industries.
The Asia-Pacific is the largest region, both in terms of volume and value, followed by Europe and North America. China, India, the U.S., Germany, and Brazil are expected to remain as the most successful nitrobenzene markets, globally. The key players in the global nitrobenzene market are Huntsman Corporation (U.S.), BASF SE (Germany), First Chemical Corp (U.S), DuPont Chemical Solutions Enterprise, Bayer AG (Germany), Yantai Wanhua Polyurethane Co. Ltd. (China), Shandong Jinling Chemical Co. (China), Sumitomo Chemical Co. Ltd. (Japan), and Bann Quimica Ltd. (Brazil), among others.
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