Market Size of Chlorobenzene Industry
| Study Period | 2019 - 2029 |
| Market Volume (2024) | 679.51 kilotons |
| Market Volume (2029) | 803.38 kilotons |
| CAGR (2024 - 2029) | 3.43 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Chlorobenzene Market Analysis
The Chlorobenzene Market size is estimated at 679.51 kilotons in 2024, and is expected to reach 803.38 kilotons by 2029, growing at a CAGR of 3.43% during the forecast period (2024-2029).
COVID-19 highly impacted the overall chlorobenzene market due to the disruption in the supply chain and halt in production facilities, mainly in China and India. However, the industry started recovering after the pandemic and was expected to grow steadily during the forecast period.
The major factors driving the market are the increasing demand for nitrochlorobenzene and the surging application of chlorobenzene in the chemical industry.
Moreover, the detrimental effects of chlorobenzene exposure causing respiratory and neurological-associated issues are likely to hinder the market's growth.
Nevertheless, the emerging applications of chlorobenzene as a solvent for pesticide formulations will likely offer the industry new growth opportunities.
Asia-Pacific will likely dominate the market through the forecast period due to increased demand in developing countries such as China and India.
