Global Bromobenzene Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Bromobenzene Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Product (Phenylmagnesium Bromide, Phencyclidine, and Other Products), Application (Grignard Reagent, Solvent, Chemical Intermediate, and Other Applications), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Bromobenzene Market was valued at USD 73.1 million in 2023 and is expected to reach USD 111.4 million by 2031 while growing at a CAGR of 5.4% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global bromobenzene market growth. Bromobenzene, with the molecular formula C6H5Br, is a halogenated benzene derivative where a hydrogen atom in the benzene ring is substituted by a bromine atom.
Increasing chemical industry growth and ongoing research and development activities are driving the bromobenzene market. However, challenges such as environmental and health concerns, along with fluctuating raw material prices, could hinder market expansion.
Furthermore, the global bromobenzene industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Product Analysis
The Global Bromobenzene Market is segmented among Phenylmagnesium Bromide, Phencyclidine, and Other Products, based on Product. In 2023, Phenylmagnesium Bromide accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Application Analysis
The Global Bromobenzene Market is segmented among Grignard Reagent, Solvent, Chemical Intermediate, and Other Applications, based on Application. In 2023, Grignard Reagent accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Bromobenzene Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Alpha Aesar, ChemSampCo Inc., Exxon Mobil Corporation, Hawks Chemical Company, Heranba Industries Ltd, Merck KGaA, Shandong Henglian Chemical Co. Ltd, Shanghai Wescco Chemical Co. Ltd, SONTARA ORGANO INDUSTRIES, and Tokyo Chemical Industry Co. Ltd.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Bromobenzene Market Dynamics
Drivers
Restraints
Opportunity
4. Global Bromobenzene Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Bromobenzene Market Segmentation, By Product
Global Bromobenzene Market Share Analysis, By Product
Global Bromobenzene Market Growth Analysis, By Product
Global Bromobenzene Market Trends, By Product
o Phenylmagnesium Bromide
o Phencyclidine
o Other
6. Global Bromobenzene Market Segmentation, By Application
Global Bromobenzene Market Share Analysis, By Application
Global Bromobenzene Market Growth Analysis, By Application
Global Bromobenzene Market Trends, By Application
o Grignard Reagent
o Solvent
o Chemical Intermediate
o Other
7. Global Bromobenzene Market Segmentation, By Region
Global Bromobenzene Market Share Analysis, By Region
Global Bromobenzene Market Growth Analysis, By Region
Global Bromobenzene Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
Alpha Aesar*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
ChemSampCo Inc
Exxon Mobil Corporation
Hawks Chemical Company
Heranba Industries Ltd
Merck KGaA
Shandong Henglian Chemical Co. Ltd
Shanghai Wescco Chemical Co. Ltd
Sontara Organo Industries
Tokyo Chemical Industry Co. Ltd
*Similar analysis will be provided for each company listed above.