Product ID: UCMIG15E2351
Report ID:
UCMIG15E2351 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The increased use of nitrochlorobenzene as a chemical intermediary in the production of fertilisers, dyes, paints, & coatings is likely to drive market expansion. Organic compound nitrochlorobenzene is utilised as an intermediate and precursor in the manufacture of chemicals and a wide range of derivatives in the agrochemical, pharmaceutical, paint, and coatings industries. As a reagent for the detection and quantification of nicotinic acid along with other pyridine compounds is one of its further uses. The expansion of rubber and wax applications in the construction and automotive sectors is anticipated to drive consumer demand in the coming years.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Specialty Chemicals by segment aggregation, the contribution of the Specialty Chemicals in Diversified Materials and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Product ID: UCMIG15E2351