According to the latest report by IMARC Group, the global pyridine market is expected to grow at a CAGR of around 4% during 2021-2026. Pyridine is a white liquid with a pungent and sickening odour. It has the chemical formula C5H5N and is a heterocyclic organic molecule. It is basic in nature and consists of a benzene core with one -CH group replaced by a nitrogen atom. It is extremely combustible and water soluble. It can be made from coal tar, the breakdown of various natural minerals, or chemicals like ammonia and acetaldehyde. It is widely used in the production of dyes, paints, adhesives, herbicides, pesticides, vitamins, medications, and food flavourings, among other things.

Global Pyridine Market Trends:

Pyridine and its derivates are extensively used in the production of agrochemicals. It serves as a key component in the manufacturing of herbicides, pesticides and insecticides. Furthermore, growing awareness among farmers about the importance of pest control is driving the demand for pyridine. Moreover, this organic compound is also utilized in various pharmaceutical products like vitamin B3 and B6 supplements. Increasing incidences of diseases on account of sedentary lifestyles and shifting dietary preferences are catalyzing the demand for these products. A thriving food and beverage industry is also contributing significantly to the market growth. Apart from being utilized in food flavorings, the demand for pyridine is also growing due to the increasing preference for packaged and convenience food products.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Global Pyridine Market 2021-2026 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

ome of these companies include Vertellus Holdings LLC, Red Sun Co. Ltd., Jubilant Life Sciences Ltd., Lonza Group Ltd., Resonance Specialties Limited, DuPont de Nemours, Inc., Shandong Luba Chemical Co., Ltd., Koei Chemical Company, Limited, Seidler Chemical Co, Inc., Weifang Sunwin Chemicals Co. Ltd., Novasyn Organics Pvt. Ltd., and Nippon Steel & Sumikin Chemical Co., Ltd.

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Key Insights from the report:

On the basis of the product type, the market has been divided into Pyridine N-Oxide, Alpha Picoline, Gamma Picoline, Beta Picoline, 2-Methyl-5-Ethylpyridine (MEP) and others. Amongst these, Pyridine N-Oxide is the most preferred product type.

Based on the synthesis, the market has been bifurcated into chemically synthesized pyridine and coal tar extracted pyridine.

On the basis of the end use, agrochemicals exhibit a clear dominance in the market. Other major segments include pharmaceuticals, chemicals, food and others.

Based on the application, the market has been classified into solvents, pesticides, rubber, medicines, paints and dyes, and others.

On the geographical front, Europe holds the leading position in the market. Other major regions include Asia Pacific, North America, Middle East and Africa, and Latin America.

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