The increase in the production of automobile vehicles and components is one of the strongest motivators for the growth and development within the global nitrobenzene market. Furthermore, the rapid pace of urbanization as well as the increasing disposable income levels are also fuelling the demand in the global nitrobenzene market. The products in the global nitrobenzene market are most prominently used for the production of aniline which is a chemical intermediate used in agricultural products, polymers, and paints and dyes, among others. The solutions in the global nitrobenzene market are also used to manufacture various lubricating oils to be used for maintenance of machinery as well as motors. Some other applications for the products and solutions in the global nitrobenzene market include dyes and paints, pesticides, and synthetic rubber, among others.
The products and solutions in the global nitrobenzene market find applications in a diverse range of end use industries, including automotive, agriculture, pharmaceutical, and leather, among others. The increasing demand for aniline from all the aforementioned industry verticals is one of the strongest drivers for the global nitrobenzene market. These products and solutions in the global nitrobenzene market are made available to end users in both powder as well as liquid forms by the manufacturers. The manufacturers and participants in the global nitrobenzene market offer unique types of products, graded based on their intended end use, such as agricultural grade, pharmaceutical grade, and industrial grade products.
The major and topmost manufacturers and players operational in the global nitrobenzene market include The Dow Chemical Company, Bann Quimica Ltd., SP Chemical Holdings, Ltd., Nanjing Chemical Material Corp., China Qingdao HongJin Chemical Co., Ltd., Shanghai Yuanye Bio Technology Co., Ltd., The Chemours Company, Huntsman International LLC, Covestro AG, Aromsyn Co., Ltd., Connell, Kumho Mitsui Chemicals Corp., Anhui Bayi Chemical Industry Co., ltd., and Shandong Jinling chemical Co., among others. The leading manufacturers and players operational within the global nitrobenzene market are focused on adopting various corporate growth and expansion strategies, including mergers and acquisitions, collaborations, research and development, product innovation, and joint ventures, among others.