In-Depth Exploration of the Biphenyl Market: Enriching Industry Understanding, Envisioning Trends, Evaluating Growth Catalysts, and Forecasting Advancements from 2023 to 2030.
Report Ocean has recently released a comprehensive research report on the global Biphenyl Market. The report offers a detailed analysis of various market characteristics, such as size, growth, segmentation, regional and country breakdowns, competitive environment, market shares, trends, and strategies. It also provides insights into the impact of the COVID-19 pandemic on the market.
Global Biphenyl Market is valued approximately USD $$ million in 2022 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2023-2030.
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The Biphenyl, also known as Diphenyl, is an aromatic hydrocarbon, mainly used as a heat-transfer fluid. Biphenyl is a clear colorless liquid with a pleasant odor, and it is manufactured on a large scale by the thermal dehydrogenation of benzene. It also occurs naturally in coal tar, crude oil, and natural gas and have application as antimicrobial food preservative and an antifungal agrochemical. The growing food and beverages sector and increasing prevalence of lifestyle diseases coupled with strategic initiatives from leading market players are factors that are accelerating the global market demand. For instance, according to India Brand Equity Foundation (IBEF) estimates – during 2019-2020, the Indian processed food market was valued at USD 263 billion, and it is projected to grow to USD 470 billion by 2025. Furthermore, leading market players are working towards new acquisitions to leverage the growing demand for Biphenyls. For instance, in April 2022, Mumbai, India based Dorf Ketal announced acquisition of the business of Ahmedabad, India -based Khyati Chemicals. Also, growing demand for agrochemicals and rising textile sector in developing regions are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, risk of infections associated with over exposure of biphenyls such as eye and skin irritation and toxic effects on the liver, kidneys, and central and peripheral nervous systems impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Biphenyl Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia-Pacific is the leading region across the world in terms of market share owing to the growing agrochemicals sector and rising food processing industries. Whereas, Asia pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving growth of pharmaceuticals sector and increasing penetration of leading specialty chemicals manufacturers in the region, would create lucrative growth prospects for the global Biphenyl Market across the Asia pacific region.
Major market players included in this report are:
- ABacipharm Corporation
- Alfa Aesar
- Biosynth Carbosynth
- Daken Chemical Limited,
- Eastman Chemical Company
- Henan Tianfu Chemical Co., Ltd
- JIANGSU ZHONGNENG CHEMICAL TECHNOLOGY CO., LTD
- Lanxess AG
- MainChem
- Merck kGaA
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Source
Crude Oil
Coal Tar
Natural Gas
By Application
Dye Carrier
Food and Beverages
Chemical Intermediates
Pharmaceuticals Solvent
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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This report covers several key questions related to the global Biphenyl market, including:
- What can be expected for the Biphenyl market in the next decade?
- What are the primary drivers of growth in the global Biphenyl market?
- Which technologies are likely to experience the most rapid growth, both by market and region?
- How do opportunities within the Biphenyl market vary based on the size of the end market?
- What is the breakdown of Biphenyl by type and application?
- How have recent events such as the COVID-19 pandemic and the Russia-Ukraine conflict impacted the Biphenyl market?
The Key Points Covered in the Table of Contents:
Overview: This section provides a concise summary of the report, offering a high-level understanding of the global Biphenyl Market. It serves as an introduction, providing insights into the nature and contents of the research study.
Market Analysis: The research study accurately and reliably forecasts the market share of key segments within the Biphenyl Market. This analysis enables industry participants to make strategic investments in the significant growth areas of the Food Container Market.
Analysis of Leading Players’ Strategies: Market participants can utilize this report to gain a competitive advantage over their rivals in the Biphenyl Market. It offers an in-depth analysis of the strategies employed by leading players, enabling others to develop effective strategies and stay ahead in the market.
Regional Growth Analysis: The report covers all major regions and countries relevant to the Biphenyl Market. The regional analysis facilitates market players in identifying untapped regional markets, devising unique regional strategies, and comparing the growth patterns across different regions.
Market Forecasts: Purchasers of this report gain access to precise and validated estimations of the overall market size in terms of both value and volume. The study also includes comprehensive forecasts for consumption, production, sales, and other pertinent factors related to the Biphenyl Market.
Our Biphenyl Market Report is a comprehensive analysis of the market, providing valuable insights for businesses looking to invest in this industry.
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