Global Pyridine Market Will Grow At A CAGR Of 7.45% During The Period 2016-2020
Pyridines are heterocyclic aromatic compounds, with five carbon atoms and a nitrogen atom. The pyridine ring occurs naturally in biological compounds such as azines and in vitamins such as pyridoxal and niacin. Alpha-, beta-, and gamma-picoline are the methyl pyridine isomers of the compound.
Pyridine is primarily used as a raw material for the synthesis of agrochemicals and pharmaceuticals. The compound is used to denature alcohols such as ethanol and in the synthesis of sulfapyridine, antihistaminic drugs (tripelennamine and mepyramine), and in in vitro synthesis of DNA. It is also used in water repellents, herbicides, and bactericides.
Pyridine occurs in bone, low-temperature coal tars, pyrogenic oils, bituminous slate oil, and coffee oil. Oil-shale processing facilities and coke-oven works also release pyridine to the environment. It is also released while frying chicken, bacon, and cheese due to the degradation of nicotinamide and pyridoxine.
Technavios analysts forecast the global pyridine market to grow at a CAGR of 7.45% during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the global pyridine market for 2015-2020.
The market is divided into the following segments based on geography:
APAC
Europe
North America
ROW
Technavio's report, Global Pyridine Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
BASF
Bayer
Dow Chemical Company
DuPont
Mitsubishi Chemical
Lonza
Vertellus
Other prominent vendors
Jubilant Life Sciences
Koei Chemical
Nippon Steel & Sumikin Chemical
Royal DSM
Sanonda Group
Shandong Luba Chemical
Sinopec Qilu Petrochemical
Xinxiang Hengji Chemical
Market driver
Increased consumption in food industry
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Market challenge
Growing pesticide resistance
For a full, detailed list, view our report
Market trend
Introduction of farming microbes
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Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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