Pyridine Derivatives Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Pyridine Derivatives Market is segmented by Type (Beta Picoline, Alpha Picoline, Gamma Picoline, and Other Types), End-user Industry (Agrochemicals, Pharmaceuticals, Electronics, Textiles, and Other End-user Industries), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa).

Market Snapshot

Pyridine Derivatives Market Overview
Study Period: 2016 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: Asia Pacific
CAGR: >5 %
Pyridine Derivatives Market Key Players

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Market Overview

The pyridine derivatives market is projected to register a CAGR of over 5% during the forecast period (2021-2026).

The market was negatively impacted by COVID-19 in 2020. Pyridine derivatives are used in the dyeing application of the textile industry. Owing to the pandemic scenario, the textile mills, and apparel factories were temporarily closed during the lockdown. In Q3 2020, clothing production in European Union (EU-27) has decreased by 15% compared to Q3 2019. Also, in Q3 2020, textile production has decreased by 6.9% compared to Q3 2019, which negatively impacts the demand for the market studied. However, the demand for pharmaceutical drugs based on pyridine derivatives such as nicotine, nicotinamide, vitamin B6, and others has significantly increased during this period, which stimulates the market demand for pyridine derivatives.

  • Over the short term, the increasing demand for beta picoline in industries such as agrochemicals, pharmaceuticals, electronics, etc. is expected to drive the market's growth.
  • The adverse impact of the COVID-19 outbreak is expected to restrain the market's growth.
  • Beta type of picoline is expected to dominate the pyridine derivatives market accross the world during the forecast timeline.
  • The Asia-Pacific region is anticipated to be the largest market for the pyridine derivatives because of the significant share of the region in agrochemicals and pharmaceuticals market where these products are used extensively.

Scope of the Report

Pyridine is a colorless or slightly yellow heterocyclic organic compound. Some of the major pyridine derivatives include niacin, nicotinamide, iso-nicotinoyl hydrazine, nicotine, strychnine, and vitamin B6. Pyridine derivatives are used in agrochemicals or pesticides including fungicides, insecticides, and herbicides, etc. In the textiles sector, pyridine derivatives used for dyeing purposes and also for the removal of certain dye. The pyridine derivatives market is segmented by type, end-user industry, and geography. By type, the market is segmented into beta picoline, alpha picoline, gamma picoline, and other types. By end-user industry, the market is segmented into agrochemicals, pharmaceuticals, electronics, textiles, and other end-user industries. The report also covers the market size of and forecasts for the pyridine derivatives market in 15 countries across major regions. For each segment, the market sizing and forecasts have been done on the basis of revenue (USD million).

Beta Picoline
Alpha Picoline
Gamma Picoline
Other Types
End-user Industry
Other End-user Industries
South Korea
Rest of Asia-Pacific
North America
United States
United Kingdom
Rest of Europe
South America
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa

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Key Market Trends

Increasing Demand for Beta Picoline

  • Beta Picoline, additionally called 3-Picoline or 3-Methylpyridine is a clear organic fluid. It is totally soluble in water, alcohol, and ether. The biggest use of beta picoline is in the production of vitamin B3 (Niacinamide). This vitamin is used for various pharmaceutical applications like to lower the risk of high cholesterol, promote digestive functions, treat skin diseases, etc.
  • Moreover, beta picoline is also a significant intermediate for agrochemicals like chlorpyrifos, haloxyfop, fluazifop butyl, and pharmaceutical intermediates.
  • The market value of the agrochemicals business is estimated to be USD 243.1 billion in 2019, and it is expected to increase to nearly USD 300 billion by 2024.
  • In 2019, total global spending on research and development of pharmaceuticals is estimated to be USD 182 billion, and it is forecasted to reach a value of USD 213 billion by 2024 which is expected to increase the demand for pyridine derivatives in the market.
  • According to the India Brand Equity Foundation (IBEF), the Indian pharmaceutical sector is expected to reach USD 100 billion by 2025. Furthermore, as of November 2020, India's pharmaceutical exports was valued at about USD 15.86 billion in FY 2021 and USD 16.28 billion in FY 2020.
  • Therefore, the aforementioned factors are expected to show significant impact on the market in the coming years.
Pyridine Derivatives Market Share

Asia-Pacific Region to Dominate the Market

  • The Asia-Pacific region is projected to have a prominent share in the pyridine derivatives market globally and is also expected to dominate the market during the period of forecast.
  • The application of alpha picoline is widely in the rubber industry. China has a production capacity of around 27% of the global synthetic rubber.
  • Besides, in 2019, the total sales volume of chemical pesticides in China amounted to over 2 million ton.
  • India is among the world’s biggest suppliers of conventional medication and as of FY 2019 all-out estimation of Indian pharmaceutical fares is USD 19.1 billion.
  • Moreover, India exported about 461 thousand metric ton of agrochemicals to other countries in 2019, an increase from 410 thousand metric ton compared with the previous year.
  • Pyridine derivatives are used in textile dyeing purposes. According to the India Brand Equity Foundation (IBEF), India's domestic textiles and apparel market estimated at USD 100 billion in FY 2019. The Indian textiles and apparel industry contributed 2% to the GDP, 12% to export earnings and held 5% of the global trade in textiles and apparel in FY19.
  • In 2019, the sales value of textile wholesale was valued at about USD 27 billion in Japan, with a decline rate of about 4% compared to the previous year, which, in turn, negatively impacts the demand for the studied market.
  • Overall, the aforementioned factors are expected to show significant impact on the market in the coming years.
Pyridine Derivatives Market Growth By Region

Competitive Landscape

The pyridine derivatives market is consolidated in nature. Some of the players in the market include Vertellus, Lonza, Jubilant Life Sciences Limited, Shandong Luba Chemical Co. Ltd, and Resonance Specialties Limited, among others.

Recent Developments

  • In May 2020, Trineso announced the acquisition of the vinyl pyridine latex business from Synthomer PLC, which, in turn, enhanced the company's product portfolio.

Table of Contents


    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study




    1. 4.1 Drivers

      1. 4.1.1 Increasing Demand for Beta Picoline in Various Applications

      2. 4.1.2 Other Drivers

    2. 4.2 Restraints

      1. 4.2.1 Adverse Impact on Market Due to the COVID-19 Pandemic

      2. 4.2.2 Other Restraints

    3. 4.3 Industry Value Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Degree of Competition


    1. 5.1 Type

      1. 5.1.1 Beta Picoline

      2. 5.1.2 Alpha Picoline

      3. 5.1.3 Gamma Picoline

      4. 5.1.4 Other Types

    2. 5.2 End-user Industry

      1. 5.2.1 Agrochemicals

      2. 5.2.2 Pharmaceuticals

      3. 5.2.3 Electronics

      4. 5.2.4 Textiles

      5. 5.2.5 Other End-user Industries

    3. 5.3 Geography

      1. 5.3.1 Asia-Pacific

        1. China

        2. India

        3. Japan

        4. South Korea

        5. Rest of Asia-Pacific

      2. 5.3.2 North America

        1. United States

        2. Canada

        3. Mexico

      3. 5.3.3 Europe

        1. Germany

        2. United Kingdom

        3. France

        4. Italy

        5. Rest of Europe

      4. 5.3.4 South America

        1. Brazil

        2. Argentina

        3. Rest of South America

      5. 5.3.5 Middle-East and Africa

        1. Saudi Arabia

        2. South Africa

        3. Rest of Middle-East and Africa


    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share Analysis**/ Ranking Analysis

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 Alfa Aesar

      2. 6.4.2 Jubilant Life Sciences Limited

      3. 6.4.3 KOEI Chemical Co. Ltd

      4. 6.4.4 Lonza

      5. 6.4.5 Merck KGaA

      6. 6.4.6 National Analytical Corporation

      7. 6.4.7 Resonance Specialties Limited

      8. 6.4.8 Shandong Luba Chemical Co. Ltd

      9. 6.4.9 Vertellus

    5. *List Not Exhaustive

**Subject to Availability

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Frequently Asked Questions

The Pyridine Derivatives Market market is studied from 2016 - 2026.

The Pyridine Derivatives Market is growing at a CAGR of >5% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

Asia Pacific holds highest share in 2020.

Vertellus, Lonza, Jubilant Life Sciences Limited, Shandong Luba Chemical Co., Ltd., Resonance Specialties Limited are the major companies operating in Pyridine Derivatives Market.

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