Biphenyl Market - Global Industry Analysis

Biphenyl Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026

Category: Chemical & Materials Report Format : PDF Report Code: ZMR-5660 Status : Upcoming

Description

Global Biphenyl Market: Overview

Biphenyl is a kind of aromatic ether. It is basically a crystalline colorless product and insoluble in water. Biphenyl is majorly used as the fungicide for crops. Commercially, the biphenyl is used in various applications including heat transfer in the fluid. It plays a vital role as an antifungal agrochemical and antimicrobial food preservative. In addition, biphenyl is utilized as the fragrance chemicals owing to its aromatic characteristics including in pharmaceuticals, polymer production, flame retardant chemicals, and others. These are essential structural analogs utilized in the synthesis of various compounds. Initially, biphenyl derivatives were utilized as pesticides in several forms including polychlorinated biphenyls.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Global Biphenyl Market: Growth Factors

The rapid proliferation of the chemical sector coupled with its growing usage as a solvent and intermediate has a positive impact on the global biphenyl market. The growing adoption of organic chemicals to carry different reactions in chemical industries like chiral, bromination, and alkylation chemical processes is likely to boost the demand for biphenyl. The increasing concern about the impact of the environmental factors on the lifecycle of the end-products is motivating the manufacturers of polymer products to establish environmental test chambers for the assessment of the life cycle of the products. Thorough testing of the product's demand for the use of heat transfer fluids is anticipated to increase the demand for the products. The surging requirement for specialty chemicals in various industries is expected to boost the growth of the global biphenyl market. Moreover, the increasing awareness of farmers on crop protection and growing crop per yield per hectare of land is expected to propel the need for agrochemical insecticides, pesticides, and fungicides. The rapidly increasing industrialization and urbanization reduce the area of land for farming. They induce farmers to cultivate and yield higher output of crops even in small areas.

Global Biphenyl Market: Segmentation

The global biphenyl market can be segmented into type, application, and region.

By type, the market can be segmented into natural gas, coal tar, and crude oil biphenyl.

By application, the market can be segmented into a solvent for pharmaceutical production, chemical intermediate, heat transfer fluids, fungicide, food & beverages, and dyestuff carrier for textiles. The food & beverages segment accounts for the largest share in the global biphenyl market. The biphenyl is used as a preservative ingredient to maintain the quality and flavor of the food products and preserve the freshness of food products. The surging demand for food additives due to the increasing consumption of processed foods boosts the growth of the segment. Ready-to-cook foods are expected to boost the growth of the segment. The heat transfer fluids application is anticipated to become the fastest-growing segment during the forecast period. The growth can be attributed to the growing awareness regarding the high demand in the chemical, renewable energy, and oil & gas sector. In the commercial sector, there is a wide scope of application in polychlorinated biphenyl like electromagnets, bushings, re-closers, switches, voltage regulators, capacitors, transformers, and many more. However, the growing use of heat transfer fluids in asphalt processing and storage also boosts the demand.

Global Biphenyl Market: Regional analysis

North America holds the largest share in the global biphenyl market due to the surge in demand for electronic products like speakers, wireless routers, cameras, cell phones, cell phones, and many more. Due to the high thermal properties, biphenyl is increasingly used in electronic devices. The constant increase in the production of optical brighteners in the region also bolsters the regional market growth.

Global Biphenyl Market: Competitive Players

Some of the significant players in the global biphenyl market are Award, Oakwood Chemical, Xingrui Industry Co., Ltd., Hangzhou Keying Chem Co., Ltd., LGC Standards, Ozeal Certified Standards, AA Blocks, MuseChem, Life Chemicals, Win-Win Chemical, Matrix Scientific, Debye Scientific Co., Eastman Chemical Company, Loba Chemie, 3B Scientific Corporation Ltd., Central Drug House (P) Ltd., Dayang Chem (Hangzhou) Co., Ltd., Spectrum Chemical Mfg. Corp., Haihang Group, King Scientific, Angene International Limited, Sinfoo Biotech, Alfa Chemistry, AK Scientific, Inc., ABCR GmbH, Biosynth Carbosynth, Lanxess AG, Clearsynth, Santa Cruz Biotechnology, Tokyo Chemical Industry Co., Ltd., Sigma Aldrich, and Thermo Fisher Scientific.

Global Biphenyl Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Table Of Content


Frequently Asked Questions

The rapid proliferation of the chemical sector coupled with its growing usage as a solvent and intermediate has a positive impact on the global biphenyl market. The growing adoption of organic chemicals to carry different reactions in chemical industries like chiral, bromination, alkylation chemical processes is likely to boost the demand for biphenyl.

Some of the significant players in the global biphenyl market are Award, Oakwood Chemical, Xingrui Industry Co., Ltd., Hangzhou Keying Chem Co., Ltd., LGC Standards, Ozeal Certified Standards, AA Blocks, MuseChem, Life Chemicals, Win-Win Chemical, Matrix Scientific, Debye Scientific Co., Eastman Chemical Company, Loba Chemie, and 3B Scientific Corporation Ltd.

 

North America holds the largest share in the global biphenyl market due to the surge in demand for electronic products like speakers, wireless routers, cameras, cell phones, cell phones, and many more. Due to the high thermal properties, biphenyl is increasingly used in electronic devices.

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