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The global benzyl bromide market is being aided by the growth of the overall chemical intermediate market, which is expected to grow in the forecast period of 2024-2032 at a CAGR of 6.8%.
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Benzyl bromide is used in the synthesis of a wide variety of organic compounds, leading to applications in numerous industries. The steady increase in the use of chemicals in industries, as well as the growth of industries such as pharmaceuticals, pesticides, and paints in which benzyl bromide has end uses, is expected to lead to the healthy growth of the benzyl bromide industry during the forecast period (2024-2032).
North America is expected to maintain its lead in the total market share due to the strong presence of chemical industries in this region. However, the strongly growing demand for pharmaceuticals and pesticides in the growing economies of the Asia Pacific region is poised to become a significant factor in determining the growth of the market.
Benzyl bromide is an organic compound and has the formula C6H5CH2Br. It is a colourless liquid and is known to cause secretion of tears on exposure. It is a chemical reagent and used in the addition of benzyl groups (C6H5CH2-) to organic compounds. It is also used as a foaming agent in several industries. It is produced by the bromination (addition of bromine) of toluene (C6H5CH3).
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The major forms of benzyl bromide are:
The market can be broadly categorised on the basis of grade into:
Benzyl bromide has the following applications:
The EMR report looks into the regional markets of benzyl bromide like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The increase in the uses of synthetic resins due to the increasing austerity of trade and tax regulations worldwide is driving the benzyl bromide industry due to its applications in the manufacturing of synthetic resins. Metal and other heavy materials are being replaced by synthetic resins due to their lightweight characteristics, as products below a certain weight threshold are exempt from regulatory taxes and duties. Thus, the demand for lighter products is leading to increased production capacity for benzyl bromide.
The recent surge in the pharmaceutical industry due to the COVID-19 pandemic is boosting the benzyl bromide industry due to the various applications of benzyl bromide in the formulation of drugs and other pharmaceutical products. This is expected to support the growth of the market during the forecast period (2024-2032).
The report presents a detailed analysis of the following key players in the global benzyl bromide market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Form |
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| Breakup by Grade |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is projected to grow at a CAGR of 6.8% between 2024 and 2032.
The major market drivers include the growing use of the chemical in various end-use sectors, the increasing demand for foaming agents, and the surging preference for synthetic resins.
The key trends guiding the market include the robust growth of the pharmaceutical sector, the growing demand for lightweight materials, and the surging use of benzyl bromide in the synthesis of various organic compounds.
The major regions are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The significant forms of benzyl bromide in the market are powder and liquid.
The major grades of the product considered in the market report include reagent grade and technical grade, among others.
Perfumes, dyes, pharmaceuticals, synthetic resins, photographic chemicals, and plasticisers and esters, among others, are the different applications of benzyl bromide.
The key market players are Luyuan Technology Development Co., Limited, Spectrum Chemical Manufacturing Corp., ShiJiaZhuang Dongcheng Chemical Co., Ltd, and Vandana Chemicals, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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