Biphenyl is mostly used as a fungicide for citrus crops. It plays an essential role as an antimicrobial food preservative and antifungal agrochemical. These are important structural analogs, which are used significantly in the synthesis of several compounds. Also, biphenyl derivatives were mostly used as pesticides in the form of polychlorinated biphenyls. Biphenyl appears as a clear and colorless liquid with a pleasant odor. It is insoluble in water.
MARKET DYNAMICS
The biphenyl market has witnessed significant growth due to rising concerns regarding impact of environmental factors on overall lifecycle of end products is encouraging manufacturers of polymer products to set up environmental test chambers for life cycle assessment of their products. Moreover, increasing production of organic chemicals for use in different reactions being carried out in chemical industries such as alkylation, bromination provides a huge market opportunity for the key players operating in the biphenyl market. However, higher pricing of biphenyl is projected to hamper the overall growth of the biphenyl market in the forecast period.
MARKET SCOPE
The "Global Biphenyl Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the biphenyl market with detailed market segmentation type, application, and geography. The global biphenyl market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading biphenyl market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global biphenyl market is segmented on the basis of type and application. On the basis of type, the global biphenyl market is divided into crude oil biphenyl, coal tar biphenyl, and natural gas biphenyl. On the basis of application, the global biphenyl market is divided into dyestuff carrier for textiles, food & beverages, fungicide, heat transfer fluids, chemicals intermediate, solvents for pharmaceutical production.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global biphenyl market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The biphenyl market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the biphenyl market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the biphenyl market in these regions.
MARKET PLAYERS
The reports cover key developments in the biphenyl market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as type launches, type approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from biphenyl market is anticipated to lucrative growth opportunities in the future with the rising demand for biphenyl in the global market. Below mentioned is the list of few companies engaged in the biphenyl market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the biphenyl market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- AB PharmaTech
- ATK CHEMICAL COMPANY LIMITED
- Beijing Green Guardee Technology
- Henan Tianfu Chemical
- Lanxess AG
- Mainchem
- Sigma Aldrich
- Springchem New Material Technology
- Thermo Fisher Scientific
- Tokyo Chemical Industry Co., Ltd.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.