The Nitrobenzene Market is predicted to grow at a CAGR of 3.96% during the forecast period (2025-2030).
Nitrobenzene is a yellow, oily liquid with an odor of bitter almonds. It is available commercially at a purity of 99.9%. The driving factors for demand for nitrobenzene are the production of aniline, growing construction activities, the growing pharmaceutical industry, and its multiple uses in the chemical industry.
Nitrobenzene is used as a constituent of soap and polishes, and the growing demand for cleaning and sanitary products would create the requirement for nitrobenzene. Further, in growing construction activities where the need for spray paints is required, the demand for nitrobenzene would increase substantially.
Aniline is a significant chemical compound that is produced using nitrobenzene. It is a useful chemical that finds application in the rubber industry for processing rubber chemicals and products such as car tires, balloons, gloves, etc. With the growing automobile and medical industries, the use of rubber will also swell in demand. Further, the textile industry, where the dyeing agent is used, is manufactured by the input of Aniline; with the increase of fashionable clothing materials like jeans, jackets, etc, the demand for aniline would enlarge in application.
Anilines are used as input for pesticides and fungicides in the agricultural industry and in the manufacture of polyurethane, which is, in turn, used in the making of plastics. With the increased demand for plastic products, aniline will be utilized in the industry.
The growth in the construction industry is due to the growing urbanization and economic development in different parts of the world. A significant part of the construction industry's development goes towards building houses, parks, hospitals, hotels, restaurants, schools, etc. for the population. This development is needed for the development of megacities worldwide. This would significantly cause the rise of material consumption in every sector, including the expanding construction and development industry.
Aniline is also used to manufacture polyurethanes, rubber processing chemicals, pesticides, fibers, dyes, and pigments. The need for nitrobenzene significantly depends on the major aniline and methylene diphenyl diisocyanate (MDI) manufacturing companies. The increased need for various MDI-based products such as adhesives, sealants, elastomers, and polyurethanes suggests that the construction industry is expanding in various regions worldwide.
Nitrobenzene has a wide variety of uses in the chemical industry, although it is mostly used to manufacture aniline. Other industrial uses of nitrobenzene include electrolytic reduction to 4-aminophenol, nitration to give 1,3-dinitrobenzene, chlorination to give chlorinator benzene, sulfonation to give 3-nitrobenzene sulfonic acid, and chloro sulfonation to give 3-nitrobenzene sulfonyl chloride. The overall expansion in the chemical industry would lead to an increase in the required demand for nitrobenzene.
Nitrobenzene is also used as a solvent for cellulose ethers. This is used to modify the esterification of cellulose acetate, in the preparation of nitrocellulose (pyroxylin) derivatives, and in refining lubricating oils. Nitrobenzene is also utilized in pharmaceutical products and rubber industry applications. The use of nitrobenzene in the automobile would increase sales of the automobile industry.
The major economies like China, Japan, India, and South Korea dominate the Asia-Pacific region. Some of the fastest-growing emerging economies, such as ASEAN countries, are from this region. India's pharmaceutical industry is anticipated to be US$130 billion by 2030 and US$450 billion by 2047. About 20% of the global exports in generic drugs are met by India. Nitrobenzene, in terms of consumption and production, is also expected to reach a significant rate by the increased pharmaceutical industry, growing construction industry, and increased methylene diphenyl diisocyanate-based product consumption.
The nitrobenzene has the major application in the production of aniline. Aniline is used in pharmaceutical production, such as sulfamethizole, furosemide, mefenamic acid, sulfamethoxazole, ivacaftor, bromhexine, bupivacaine, etc.
The growing demand for drugs increases the risk of chronic and infectious diseases increases the demand for nitrobenzene in the market. The pharmaceuticals production is mainly concentrated in the USA, Germany, the UK, China, and India.
Additionally, the growing population pressure and increasing population have led to the growing demand for food worldwide. The need for mass production of agricultural products is increasing. Thus, there is a need for production inputs such as diphenylamine, phenolics, herbicides, and fungicides. These chemicals are produced from aniline. As food items are needed for the large population residing in urban areas, the requirement for nitrobenzene to produce the end product would expand.
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| Nitrobenzene Market Size in 2025 | US$12.657 billion |
| Nitrobenzene Market Size in 2030 | US$16.793 billion |
| Growth Rate | CAGR of 3.96% |
| Study Period | 2020 to 2030 |
| Historical Data | 2020 to 2023 |
| Base Year | 2024 |
| Forecast Period | 2025 – 2030 |
| Forecast Unit (Value) | USD Billion |
| Segmentation |
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| Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| List of Major Companies in the Nitrobenzene Market | |
| Customization Scope | Free report customization with purchase |
The nitrobenzene market is segmented and analyzed as follows: