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Global Pyridine Market to Grow at a CAGR of 7.45% During 2016-2020

ResearchMoz added Latest Research Report titled " Global Pyridine Market 2016-2020: Worldwide Market Size, Shares, Trends, Growth, Survey and Forecast report " to it's Large Report database.

 

Albany, NY -- (SBWIRE) -- 04/26/2016 -- 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.

The global pyridine market to grow at a CAGR of 7.45% during the period 2016-2020. 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.

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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.

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

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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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