Global Study on Pyridine Market, 2015-2025
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Global Study on Pyridine Market, 2015 -2025
Persistence Market Research
Global Pyridine Market is Expected to Reach
US$ 1,741.4 Mn by 2025: Persistence Market
Research
Persistence Market Research
1
Global Study on Pyridine Market, 2015 -2025
Persistence Market Research Released New Market Report According to a new market report
published by Persistence Market Research “Global Market Study on Pyridine:
Increasing Demand for Synthetic Pyridine to Drive Growth During Forecast Period
2015 -2025 ”, the global pyridine market is estimated to reach US$ 1,741.4 Mn by 2025
from US$ 786.4 Mn in 2015.
Pyridine is a toxic and soluble flammable liquid base with a distinct, strong odor. It is often
considered the parent compound of several naturally occurring organic compounds. It is the
preferred choice as a precursor to agrochemicals and pharmaceuticals. Initially, pyridine was
extracted from coal tar or obtained as a by-product of coal gasification. The process was
very expensive and inefficient as coal tar constituted only 0.1–0.2% of pyridine after
extraction. Currently, pyridine and its derivatives are produced synthetically. The most
commonly used reactions for pyridine synthesis are Chichibabin synthesis, Bönnemann
cyclization, and Cobalt-catalyzed alkyne-nitrile cyclotrimerization, etc.
By region, the market in Asia Pacific has been estimated to account for 51.6% volume share
of the overall pyridine market by 2015 end, followed by Europe and North America. Due to
increase in usage of pyridine and its derivatives in agrochemicals and pharmaceuticals
segments in Asia Pacific, the pyridine market in the region is projected to expand at a higher
than average CAGR of 9.9% over 2015–2025 in terms of revenue. The U.S. pyridine market,
which has been estimated to account for 89.5% revenue share of the overall market in North
America by 2015 end, is expected to be driven by increasing adoption of pyridine and its
derivatives in chemicals and pharmaceuticals segments. The...
Persistence Market Research
Global Pyridine Market is Expected to Reach
US$ 1,741.4 Mn by 2025: Persistence Market
Research
Persistence Market Research
1
Global Study on Pyridine Market, 2015 -2025
Persistence Market Research Released New Market Report According to a new market report
published by Persistence Market Research “Global Market Study on Pyridine:
Increasing Demand for Synthetic Pyridine to Drive Growth During Forecast Period
2015 -2025 ”, the global pyridine market is estimated to reach US$ 1,741.4 Mn by 2025
from US$ 786.4 Mn in 2015.
Pyridine is a toxic and soluble flammable liquid base with a distinct, strong odor. It is often
considered the parent compound of several naturally occurring organic compounds. It is the
preferred choice as a precursor to agrochemicals and pharmaceuticals. Initially, pyridine was
extracted from coal tar or obtained as a by-product of coal gasification. The process was
very expensive and inefficient as coal tar constituted only 0.1–0.2% of pyridine after
extraction. Currently, pyridine and its derivatives are produced synthetically. The most
commonly used reactions for pyridine synthesis are Chichibabin synthesis, Bönnemann
cyclization, and Cobalt-catalyzed alkyne-nitrile cyclotrimerization, etc.
By region, the market in Asia Pacific has been estimated to account for 51.6% volume share
of the overall pyridine market by 2015 end, followed by Europe and North America. Due to
increase in usage of pyridine and its derivatives in agrochemicals and pharmaceuticals
segments in Asia Pacific, the pyridine market in the region is projected to expand at a higher
than average CAGR of 9.9% over 2015–2025 in terms of revenue. The U.S. pyridine market,
which has been estimated to account for 89.5% revenue share of the overall market in North
America by 2015 end, is expected to be driven by increasing adoption of pyridine and its
derivatives in chemicals and pharmaceuticals segments. The...