Nitrobenzene Global Market Report 2026

Nitrobenzene is a pale yellow oil with an almond-such as odor, exhibiting insolubility in water. Primarily serving as an intermediate in the synthesis of aniline, nitrobenzene also finds application in the production of specialty compounds such as acetaminophen.

Nitrobenzene is obtainable in both liquid and powder forms. Liquid nitrobenzene is characterized by its oily, yellow consistency and almond-such as odor. It serves multiple purposes, including the production of aniline and lubricating oils essential for automobiles and machinery. Nitrobenzene finds applications in various sectors such as aniline production, pesticide additives, synthetic rubber manufacturing, and as a paint solvent. The distribution of nitrobenzene involves multiple channels, including direct company sales, direct import, distribution through intermediaries such as distributors and traders, and retail sales. End-use industries benefiting from nitrobenzene include construction, agriculture, pharmaceuticals, automotive, and others.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs have impacted the nitrobenzene market by increasing costs of imported raw materials and intermediates used in aniline, rubber, and pharmaceutical manufacturing, resulting in higher production expenses. These impacts are more pronounced across aniline production and specialty chemical segments, particularly in asia pacific and europe where cross border chemical trade is significant. Supply chain delays and price volatility have affected distributors and end users. However, tariffs have encouraged domestic production, regional sourcing, and capacity expansion, strengthening local chemical manufacturing ecosystems.

The nitrobenzene market research report is one of a series of new reports from The Business Research Company that provides nitrobenzene market statistics, including nitrobenzene industry global market size, regional shares, competitors with a nitrobenzene market share, detailed nitrobenzene market segments, market trends and opportunities, and any further data you may need to thrive in the nitrobenzene industry. This nitrobenzene market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The nitrobenzene market size has grown strongly in recent years. It will grow from $11.51 billion in 2025 to $12.4 billion in 2026 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to growth in aniline based chemical production, expansion of agrochemical manufacturing, rising demand for synthetic rubber, increased use in industrial solvents, established downstream chemical processing capacity.

The nitrobenzene market size is expected to see strong growth in the next few years. It will grow to $16.39 billion in 2030 at a compound annual growth rate (CAGR) of 7.2%. The growth in the forecast period can be attributed to rising pharmaceutical manufacturing output, increasing demand for specialty chemicals, growth in electric vehicle component materials, advancements in chemical purification processes, expanding construction and coatings industries. Major trends in the forecast period include increasing demand for aniline production intermediates, rising use of nitrobenzene in pharmaceutical manufacturing, growing consumption in synthetic rubber processing, expansion of nitrobenzene applications in paint and coating solvents, higher focus on high purity and specialty grade nitrobenzene.

The increasing demand in construction industry is expected to propel the growth of the nitrobenzene market going forward. Construction industry refers to the process of planning, designing, assembling, and building physical structures, facilities, or infrastructure. Nitrobenzene is used in the construction industry as a plasticizer in concrete admixtures to improve the workability of concrete, making it easier to pour and mold in large construction projects. For instance, in February 2024, according to Eurostat, a Luxembourg-based government agency, in December 2023, building construction rose by 1.3% compared to December 2022, while civil engineering saw a 4.7% increase. These figures reflect growth in both sectors over the year. Therefore, the increasing demand in construction industry is driving the growth of the nitrobenzene market.

The increasing demand for agrochemicals is expected to propel the growth of the nitrobenzene market going forward. An agrochemical is any substance used to eradicate, deter, or restrain specific plant or animal life forms regarded as pests. Nitrobenzene is utilized as a plant growth supplement in agriculture because it enhances flowering and reduces flower loss. It is a mixture of nitrogen and plant growth regulators that functions as a plant energizer, blooming stimulant, and yield enhancer. For instance, in August 2024, according to a report published by the Office for National Statistics, a UK-based government agency, in June 2024, exports to non-EU countries rose by $1.15 billion (5.7%), driven by a $1.15 billion increase in chemical exports, primarily due to higher shipments of inorganic chemicals, medicinal and pharmaceutical products, and organic chemicals to the United States. Therefore, the increasing demand for agrochemicals is driving the growth of the nitrobenzene market.

Major companies operating in the nitrobenzene market are focused on adopting strategic investments to gain a competitive edge in the market. Strategic investments are those made with the primary goal of advancing an organization's overall long-term goals and objectives, rather than solely focusing on maximizing financial returns. For instance, in July 2023, Wanhua-BorsodChem, a Hungary-based chemical raw material manufacturing company, inaugurated Site IV and production units. The inaugurated Site IV and production units contain nitrobenzene and aniline production units, which enable the production of key raw materials for BorsodChem's flagship products, such as methylene diphenyl diisocyanate (MDI), which is used in the construction industry for adhesives and elastomers. The product facilities promote environmental footprints and adhere to the principles of Best Available Technology (BAT), which emphasizes the use of modern advances in science and technology.

Major companies operating in the nitrobenzene market are Sumitomo Chemical Co., Ltd., China Petrochemical Corporation (Sinopec Group), Sinopec Nanjing Chemical Industrial Corporation, Mitsui Chemicals Inc., BASF SE, Dow Inc., Bayer MaterialScience AG, Mitsubishi Chemical Corporation, Wanhua Chemical Group Co., Ltd., Covestro AG, Toray Industries Inc., Kureha Corporation, Huntsman International LLC, UBE Industries Ltd., Aarti Industries Ltd., Chemplast Sanmar Limited, Atul Ltd., Sadhana Nitro Chem Ltd., SP Chemicals Pte. Ltd., Aromsyn Co. Ltd., Bann Quimica Ltd., Shandong Jinling Chemical Co., Chemieorganics Chemical India Pvt. Ltd., Jilin Economic and Technology Development Zone General Co. Ltd., Finetech Industry Limited

Asia-Pacific was the largest region in the nitrobenzene market in 2025, and is expected to be the fastest-growing region in the forecast period. The regions covered in the nitrobenzene market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the nitrobenzene market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The nitrobenzene market consists of sales of azoxybenzene, azobenzene, nitrosobenzene, hydrazobenzene, and phenylhydroxylamine. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Nitrobenzene Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses nitrobenzene market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for nitrobenzene ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The nitrobenzene market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Type: Industrial Grade Nitrobenzene; High-Purity Nitrobenzene
• 2) By Sales Channel: Direct Company Sale; Direct Import; Distributors And Traders
• 3) By Application: Aniline Production; Pesticide Additive; Synthetic Rubber Manufacturing; Other Applications
• 4) By End-Use: Agriculture; Pharmaceutical; Automotive; Other End Users
• Subsegments:
• 1) By Industrial Grade Nitrobenzene: Aniline-Grade Nitrobenzene; Agrochemical-Intermediate Grade Nitrobenzene; Rubber & Dye Intermediate Grade Nitrobenzene
• 2) By High-Purity Nitrobenzene: Pharmaceutical-Grade Nitrobenzene; Fine & Specialty Chemical-Grade Nitrobenzene
• Companies Mentioned: Sumitomo Chemical Co., Ltd.; China Petrochemical Corporation (Sinopec Group); Sinopec Nanjing Chemical Industrial Corporation; Mitsui Chemicals Inc.; BASF SE; Dow Inc.; Bayer MaterialScience AG; Mitsubishi Chemical Corporation; Wanhua Chemical Group Co., Ltd.; Covestro AG; Toray Industries Inc.; Kureha Corporation; Huntsman International LLC; UBE Industries Ltd.; Aarti Industries Ltd.; Chemplast Sanmar Limited; Atul Ltd.; Sadhana Nitro Chem Ltd.; SP Chemicals Pte. Ltd.; Aromsyn Co. Ltd.; Bann Quimica Ltd.; Shandong Jinling Chemical Co.; Chemieorganics Chemical India Pvt. Ltd.; Jilin Economic and Technology Development Zone General Co. Ltd.; Finetech Industry Limited
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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