Press release
Pyridine & Pyridine Derivatives Market | Key players operating in the market include Jubilant Ingrevia, Vertellus Holdings LLC, Lonza Group AG, Nanjing Redsun, Resonance Specialties
According to recent market research "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", 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.
Browse 372 market data Tables and 39 Figures spread through 262 Pages and in-depth TOC on "Pyridine & Pyridine Derivatives Market - Global Forecast to 2027"
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.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=36411434
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% during the forecast period. The growing demand for pyridine & pyridine derivatives is from end-use industries, such as Agrochemicals, pharmaceuticals, latex, food, electronics, and other industries, which drives the market. Also, the increasing usage of paraquat in countries including the US, Mexico, and India is expected to rise in demand for the pyridine & derivatives market.
The pyridine & its derivatives market in the Asia Pacific is estimated to witness a high CAGR, in terms of value, between 2022 and 2027, owing to an increase in the demand for beta picoline consumption. The rapid growth of the pharmaceutical industry & agrochemical industries in the region makes the Asia Pacific an alluring market for the manufacturers of pyridine & pyridine derivatives.
There are various players operating in the pyridine & pyridine derivatives market. The major market players 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. Various strategies, such as new product launch, expansion, and product development are adopted by several players to gain a competitive edge to increase their global presence and maintain sustained growth in the pyridine & pyridine derivatives market.
For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=36411434
In the pyridine & pyridine derivatives market, the Asia Pacific-based key players hold a significant share of the market. For instance, Jubilant Ingrevia (India), Nanjing Redsun Co. Ltd. (China), Resonance Specialties Ltd. (India), and Shandong Luba Chemical Co. Ltd. (China), are a few players that hold a significant share of the market.
Jubilant Ingrevia Ltd. is a manufacturer of chemical products. It has a strong product portfolio and offers products through the following segments: Specialty Chemicals Segment, Nutrition & Health Solutions Segment, and Life Science Chemicals Segment. The company offers products pyridine under the specialty chemical segment.
• In Feb 2021, Jubilant Ingrevia to acquire of 26.60% stake in AMP Energy Green Fifteen. The acquisition has helped the company to expand its presence across different regions.
Vertellus has the largest share in the Pyridine & pyridine derivatives market. The company is engaged in the manufacturing and distribution of specialty chemicals for agriculture, nutrition, pharmaceutical, medical, personal care, plastics, coatings, and many industrial markets. It is one of the largest global manufacturers of pyridine and picolines. It has a presence in more than 15 locations across the globe. The company has operating facilities located in North America, South America, Asia, Europe, and other regions of the globe. The company is focusing on expanding its business by investing as much as USD 25 million to increase the production of B3 vitamins at its venture in Nantong, China. The also has an expansion plan to boost the capacity for the intermediates by 7,000 metric tons per year and then build a new facility for niacinamide and niacin.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: newsletter@marketsandmarkets.com
Press Release: https://www.marketsandmarkets.com/PressReleases/pyridine-derivatives.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/pyridine-derivatives-market.asp
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, and 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, "Knowledgestore" 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.
Browse 372 market data Tables and 39 Figures spread through 262 Pages and in-depth TOC on "Pyridine & Pyridine Derivatives Market - Global Forecast to 2027"
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.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=36411434
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% during the forecast period. The growing demand for pyridine & pyridine derivatives is from end-use industries, such as Agrochemicals, pharmaceuticals, latex, food, electronics, and other industries, which drives the market. Also, the increasing usage of paraquat in countries including the US, Mexico, and India is expected to rise in demand for the pyridine & derivatives market.
The pyridine & its derivatives market in the Asia Pacific is estimated to witness a high CAGR, in terms of value, between 2022 and 2027, owing to an increase in the demand for beta picoline consumption. The rapid growth of the pharmaceutical industry & agrochemical industries in the region makes the Asia Pacific an alluring market for the manufacturers of pyridine & pyridine derivatives.
There are various players operating in the pyridine & pyridine derivatives market. The major market players 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. Various strategies, such as new product launch, expansion, and product development are adopted by several players to gain a competitive edge to increase their global presence and maintain sustained growth in the pyridine & pyridine derivatives market.
For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=36411434
In the pyridine & pyridine derivatives market, the Asia Pacific-based key players hold a significant share of the market. For instance, Jubilant Ingrevia (India), Nanjing Redsun Co. Ltd. (China), Resonance Specialties Ltd. (India), and Shandong Luba Chemical Co. Ltd. (China), are a few players that hold a significant share of the market.
Jubilant Ingrevia Ltd. is a manufacturer of chemical products. It has a strong product portfolio and offers products through the following segments: Specialty Chemicals Segment, Nutrition & Health Solutions Segment, and Life Science Chemicals Segment. The company offers products pyridine under the specialty chemical segment.
• In Feb 2021, Jubilant Ingrevia to acquire of 26.60% stake in AMP Energy Green Fifteen. The acquisition has helped the company to expand its presence across different regions.
Vertellus has the largest share in the Pyridine & pyridine derivatives market. The company is engaged in the manufacturing and distribution of specialty chemicals for agriculture, nutrition, pharmaceutical, medical, personal care, plastics, coatings, and many industrial markets. It is one of the largest global manufacturers of pyridine and picolines. It has a presence in more than 15 locations across the globe. The company has operating facilities located in North America, South America, Asia, Europe, and other regions of the globe. The company is focusing on expanding its business by investing as much as USD 25 million to increase the production of B3 vitamins at its venture in Nantong, China. The also has an expansion plan to boost the capacity for the intermediates by 7,000 metric tons per year and then build a new facility for niacinamide and niacin.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: newsletter@marketsandmarkets.com
Press Release: https://www.marketsandmarkets.com/PressReleases/pyridine-derivatives.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/pyridine-derivatives-market.asp
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, and 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, "Knowledgestore" 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.
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