Materials & Chemicals / 2,6-Xylidine Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: BASF, Deepak Nitrite Ltd, WUQIAO DAPENG PHARM\CHEM, Jiangsu Baoling Chemical
2,6-Xylidine Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: BASF, Deepak Nitrite Ltd, WUQIAO DAPENG PHARM\CHEM, Jiangsu Baoling Chemical
Acknowledging the kind of traction gained by this market, recently published a study report by industry data analytics asserts the global size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 3.9% during the review period (2022 to 2027)
2,6-Xylidine Market Overview
2,6-Xylidine is a colourless viscous liquid with aromatic odour and high-water solubility. 2,6-Xylidine is mainly used in the production of anaesthetic drugs like lidocaine. Lidocaine is a medication which works as local anaesthetic and is used to numb the area of body to reduce the discomfort or pain which is caused by invasive medical procedures like insertion of catheter or breathing tube or surgeries and needle punctures. The injection is used to treat irregular heart rhythms which can point at a possible heart attack. It is also used in spinal block or epidural space to reduce the pain caused by contractions during labour. Factor driving the market is increase in surgical procedures like dental or cosmetic procedures and plastic surgeries. Another factor proving pivotal in the increase in the demand of anaesthetic drugs is rise in the geriatric population and their health problems which in turn will increase the demand for 2,6-Xylidine.
The Global 2,6-Xylidine market is anticipated to rise at a considerable rate during the forecast period, between 2022 and 2027. In 2022, the market is growing at a steady rate and with the rising adoption of strategies by key players; the market is expected to rise over the projected horizon.
9 May 2022: Emma unveils its next generation of multifunctional neck pillows made with CosyPUR®
Emma, one of the leading direct-to-consumer (DTC) brands, has launched the Emma Go multifunctional neck pillow, made with BASF’s flexible foam CosyPUR®. The versatile material solution CosyPUR, which has already been used extensively in bedding materials such as mattresses and pillows, is used for the first time as a multifunctional neck pillow due to its favorable properties.
The pharmaceutical sector in the country is projected to grow 3%-5% in FY 2021 compared to that in FY 2020. The global pharmaceutical industry achieved business of US$ 1.11 Trn in 2018. This figure is estimated to rise owing to the increase in pressure to develop drugs and vaccines against COVID-19. Increase in revenue for major global pharmaceutical companies such as Pfizer Inc., Johnson & Johnson, F. Hoffmann-La Roche AG, and Dr. Reddy Laboratories can help in expansion and new product development. The usage of 2,6-Xylidine as intermediate is estimated to increase owing to growth in the pharmaceutical industry.
Who are the Major Players in 2,6-Xylidine Market?
Top Key players in the 2,6-Xylidine Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The companies referred in the market research report includes BASF, Deepak Nitrite Ltd, WUQIAO DAPENG PHARM\CHEM, Jiangsu Baoling Chemical, Fusheng Holding Group, Laohekou Lianyi Chemical, and others.
What are the major Applications, Types and Regions for 2,6-Xylidine Market?
2,6-Xylidine Market is segmented based on the type, applications, companies and regions.
The 2,6-Xylidine market in Asia Pacific is anticipated to expand at a rapid pace during the forecast period owing to high consumption of crop protection chemicals in the region. The region has a number of strong agriculture-based economies such as India, Vietnam, and China where rising population is expected to drive the demand for 2,6-Xylidine.
The market in Europe and North America is estimated to expand at a sluggish pace in the next few years, owing to higher manufacturing cost and lower number of manufacturers as compared to that in Asia Pacific. The market in Middle East & Africa and Latin America is being driven by recent economic developments and rise in investments in the pharmaceutical industry in these regions.
Rest of Europe
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
What is our 2,6-Xylidine Market report scope?
Forecast Period 2022 to 2028 CAGR
CAGR of 3.9% during the review period (2022 to 2027).
Yes, the report can be customized as per your needs
Key Takeaways from this 2,6-Xylidine Report
Evaluate 2,6-Xylidine market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the 2,6-Xylidine market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
Frequently Asked Question -
What was the global 2,6-Xylidine Market size in 2020?
In 2020, the global 2,6-Xylidine Market attained a value of nearly USD 2.6 billion.
What is the growth rate of the market?
The market is projected to grow at a CAGR of 3.9% between 2022 and 2027.
What are the major regional markets of 2,6-Xylidine Market?
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.