PUBLISHER: Prismane Consulting | PRODUCT CODE: 1752341
PUBLISHER: Prismane Consulting | PRODUCT CODE: 1752341
Chlorobenzene is a colorless chemical compound primarly used in the production of industrial chemicals. Made by adding chlorine to benzene, it plays a key role in the manufacturing of herbicides, pesticides, and a variety of specialty chemicals.
Among the different types of chlorobenzenes, monochlorobenzene leads the market. It's commonly used to produce solvents, agricultural products, rubber chemicals, dyes, pigments, and more. On the application front, nitrochlorobenzene holds the top spot. It serves as a key ingredient in making dyes, pesticides, pharmaceutical products, and rubber processing chemicals. The demand for chlorobenzene is estimated to grow, driven by its critical role in producing various chemicals used in polymers, rubbers, and resins. As industries such as rubber manufacturing expand, the need for chlorobenzene will continue to rise in the coming years.
However, there is growing concern about the environmental and health impacts associated with some of the chemicals derived from chlorobenzene. For instance, monochlorobenzene is used to produce pesticides and fertilizers that, while effective, can release harmful gases. These emissions pose serious health risks to agricultural workers, including damage to the lungs, kidneys, and liver.
Additionally, direct exposure to chlorobenzene causes irritation to the skin, and eyes. Long-term exposure to this chemical, especially when released into the environment, may result in health discomfort for people and animals alike. These health concerns present challenges that could slow market expansion as industries seek safer alternatives.
Asia Pacific leads global chlorobenzene demand, with China alone accounting for over 60% of consumption. Rapid industrial growth in countries like China, and India, especially for pharmaceutical and chemical end use sectors is further driving chlorobenzene demand. India, in particular, is a major player due to its strong pharmaceutical industry, being the third-largest producer in the world and home to the most FDA-approved plants outside the U.S.
This growing awareness of the dangers linked to synthetic fertilizers and pesticides is encouraging a shift towards organic farming methods. Many farmers are now turning to bio-based fertilizers made from natural materials, such as animal manure and plant matter, which reduces reliance on chemical products derived from chlorobenzene. This shift could limit the growth of the chlorobenzene market in the forecast period.
Note: Demand-Supply Analysis has been provided for all major Regions / Countries as mentioned below. The demand (consumption) split by type and by application has been provided for each of the countries / regions in Volume (Kilo tons) and Value (USD Million).
Note: CAGR will be calculated for all the type and application to arrive at the regional / global Demand-Supply growth for the forecast period (2025 - 2034)
Note: This section includes company information, company financials, manufacturing bases and operating regions. Company financials have been mentioned only for those companies where financials were available in SEC Filings, annual reports, or company websites. All the reported financials in this report are in U.S. Dollars. Financials reported in other currencies have been converted using average currency conversion rates. Company profiles may include manufacturers, suppliers, and distributors.