Market Snapshot
2016-2024
2018
Asia Pacific
North America
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Market Overview
The market for bromobenzene is expected to grow at a CAGR of over 4% during the forecast period of 2019 - 2024. One of the key driving factors of the market is the growing Pharmaceutical Industry in Asia-Pacific. However, the presence of Low-cost Chlorine-substituted Compounds is likely to restrain the market growth.
- Growing Demand for Co-polymers and Bi-phenyls is also likely to boost the market growth during the forecast period.
- The expansion of end-user segments in developing countries is likely to provide opportunities for the market growth in future.
- North America is likely to dominate the market during the forecast period.
Scope of the Report
The Bromobenzene market report include:
| Product | |
| Phenylmagnesium bromide | |
| Phencyclidine | |
| Other chemicals |
| Application | |
| Grignard Reagent | |
| Solvent | |
| Chemical Intermediate | |
| Other Applications |
| Geography | |||||||
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Key Market Trends
Phenylmagnesium bromide to Dominate the Market
- Phenylmagnesium bromide is one of the key product types of bromobenzene, which is a versatile Grignard reagent used to prepare benzoic acid, secondary amines, benzophenones, and other chemicals.
- Phenylmagnesium bromide is also commercially available as diethyl ether or THF.
- It is also used to introduce phenyl groups in coupling reactions, like Suzuki reactions. These reactions are used widely for synthesizing intermediates that are used in pharmaceuticals or fine chemicals.
- Additionally, it is also used as a precursor in the maufacturing of phencyclidine, a dissociative drug.
- Hence, phenylmagnesium bromide is likely to dominate the market during the forecast period.
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Asia-Pacific to Witness the Highest Growth Rate
- The Asia-Pacific bromobenzene market is likely to witness a strong growth rate during the forecast period owing to the increasing investment in the pharmaceutical industry of the region.
- Apart from that, co-polymer and plastic industry have also been witnessing strong growth in the region which is also likely to have a positive impact on the growth of bromobenzene market in the region.
- Some of the key factors that are driving the plastic industry in this region are the emerging e-retail & e-commerce and increasing demand from automotive and rapidly growing construction industry.
- Hence, due to the aforementioned factors, the market for bromobenzene in Asia-Pacific is likely to witness the highest growth rate during the forecast period.
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Competitive Landscape
The market for bromobenzene is moderately consolidated with few companies occupying a significant amount of the market share. Some of the key players of the market include Hawks Chemical Company, Alfa Aesar, Merck KGaA, and SONTARA ORGANO INDUSTRIES among others.
Major Players
* Complete list of players covered available in the table of contents below
Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Drivers
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4.1.1 Growing Pharmaceutical Industry in Asia-Pacific
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4.1.2 Growing Demand for Co-polymers and Bi-phenyls
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4.2 Restraints
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4.2.1 Low-cost Chlorine-substituted Compounds
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4.3 Industry Value-Chain Analysis
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4.4 Porters 5 Force Analysis
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4.4.1 Bargaining Power of Suppliers
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4.4.2 Bargaining Power of Consumers
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4.4.3 Threat of New Entrants
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4.4.4 Threat of Substitute Products and Services
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4.4.5 Degree of Competition
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5. MARKET SEGMENTATION
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5.1 Product
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5.1.1 Phenylmagnesium bromide
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5.1.2 Phencyclidine
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5.1.3 Other chemicals
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5.2 Application
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5.2.1 Grignard Reagent
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5.2.2 Solvent
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5.2.3 Chemical Intermediate
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5.2.4 Other Applications
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5.3 Geography
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5.3.1 Asia-Pacific
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5.3.1.1 China
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5.3.1.2 India
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5.3.1.3 Japan
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5.3.1.4 South Korea
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5.3.1.5 Rest of Asia-Pacific
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5.3.2 North America
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5.3.2.1 United States
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5.3.2.2 Canada
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5.3.2.3 Rest of the North America
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5.3.3 Europe
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5.3.3.1 Germany
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5.3.3.2 France
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5.3.3.3 United Kingdom
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5.3.3.4 Italy
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5.3.3.5 Rest of the Europe
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5.3.4 Rest of the World
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5.3.4.1 South America
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5.3.4.2 Middle East & Africa
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6. COMPETITIVE LANDSCAPE
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6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
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6.2 Market Share Analysis**
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6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
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6.4.1 Alpha Aesar
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6.4.2 ChemSampCo Inc.
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6.4.3 Hawks Chemical Company
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6.4.4 Heranba Industries Ltd
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6.4.5 Merck KGaA
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6.4.6 Shandong Henglian Chemical Co. Ltd
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6.4.7 Shanghai Wescco Chemical Co. Ltd
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6.4.8 SONTARA ORGANO INDUSTRIES
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6.4.9 Tokyo Chemical Industry Co. Ltd�������������
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6.4.10 Weifang Yonhop Chemical Co. Ltd
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*List Not Exhaustive -
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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7.1 Expanding End-user Segments in Developing Countries
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