Oct 17, 2017   SOURCE: BusinessWire

Top 5 Vendors in the Global Chlorobenzene Market from 2017 to 2021 | Technavio

Technavio has announced the top five leading vendors in their recent global chlorobenzene market report. This market research report also lists 10 other prominent vendors that are expected to impact the market during the forecast period.

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Technavio has published a new report on the global chlorobenzene market from 2017-2021. (Graphic: Bu ...

Technavio has published a new report on the global chlorobenzene market from 2017-2021. (Graphic: Business Wire)

Competitive vendor landscape

According to the research analysis, the global chlorobenzene market is moderately fragmented with the presence of many multinational, regional, and local vendors. The moderate fragmentation of the market provides opportunities for local vendors to emerge with new products and features. Local and regional vendors are adopting new advanced technologies and innovations to strengthen their presence in the market. This is leading to price wars and forcing multinational companies to invest in R&D to develop innovative solutions.

“One of the key factors influencing the market is the abundant availability of raw materials and the price of the raw materials varies from one supplier to another. Although the production cost is an advantage for local vendors, it is difficult for them to compete with major vendors in terms of price, quality, and supply of differentiated products,” says Kurva Samba Sivudu, a lead specialty chemicals research analyst from Technavio.

The report also states that APAC accounts for the maximum share of the global chlorobenzene market due to demand from emerging economies like China, India, and Japan. The rising demand for personal care products, chemicals, and pharmaceuticals, results in the high consumption of chlorobenzene.

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Technavio market research analysts identify the following key vendors:

Anhui Bayi Chemical Industry

Anhui Bayi Chemical Industry manufactures and distributes various specialty chemicals. It operates through four product segments, including pharmaceutical intermediates, solvents, chlorine caustic soda, and food additives. The company manufactures chlorobenzene and its derivatives. The intermediates manufactured by the company are used in various industries, such as dyes and pigments, pharmaceuticals, agrochemicals, and rubber manufacturing industries.

JIANGSU YANGNONG CHEMICAL

JIANGSU YANGNONG CHEMICAL manufactures and markets pesticides, pyrethroids, and basic chemicals. The group has the largest production base for pyrethroids in China. It produces basic chemicals based on chlorine and alkali. The group has R&D centers that aid technological advancement and transformation. Chlorobenzene is categorized under the basic chemical segment of the company. The company exports its chlorobenzene products to Europe, Asia, America, and Africa.

Jiaxing Zhonghua Chemical

Jiaxing Zhonghua Chemical, one of the leading Chinese companies, manufactures various chemicals like vanillin, ethyl vanillin, guaiacol, o-amino anisole, o-vanillin, glyoxylic acid, and other derivatives of vanillin and chlorobenzene. It is the largest manufacturer of vanillin with the largest R&D center, worldwide. The company has a well-organized supply chain, and its distributors are present globally.

KUREHA

KUREHA operates through four product-based segments, such as advanced materials, specialty chemicals, specialty plastics, and construction. Chlorobenzene is categorized under the specialty chemicals segment of KUREHA. Chlorobenzene produced by the company is used in the production of pharmaceuticals and agrochemicals. It is also used in the production of PPS and insecticides.

SEYA Industries

SEYA Industries is one of the emerging chemical industries. The company has specialized in the production of chlorination- and nitration-based benzene chemical intermediates. It manufactures derivatives of chlorobenzene, such as monochlorobenzene, p-dichlorobenzene, and o-dichlorobenzene. The intermediate chemicals manufactured by the company are used in various industries to produce end-products, such as paints, solvents, herbicides, pesticides, and pharmaceuticals.

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