Market Revenue Pyridine Industry’s growth hamper the Market | Seite 2

medicines, vitamins, food flavourings, paints, dyes, rubber products, adhesives, insecticides, and
herbicides. Pyridine can also be formed from the breakdown of many natural materials in the
environment.
The key factor that propels the growth of the Pyridine Market include increasing demand as pyridine
is an essential raw material in the industry. Pyridine is used as a solvent in the production of dyes and
rubber. In addition, it is widely used in pharmaceuticals and agrochemicals applications.
On the other hand, there are also factors that may hamper the growth of the market such as health
hazards. It is highly flammable and gives off irritating or toxic fumes or gases in a fire. In addition,
overexposure causes nausea, headache, nervous symptoms, increased urinary frequency.
Pyridine Market is classified on the basis of product typeaspyridine N-oxide, alpha picoline, beta
picoline, gamma-picoline, and 2-Methyl-5-Ethylpyridine (MEP). Among the product type, pyridine N-
oxide segment is expected to hold a large share of the Pyridine Industry Market.
Pyridine Market is classified on the basis of application as agrochemicals, pharmaceuticals, chemicals,
food, and others. Among the applications, agrochemicals are projected to account a large share of
the Pyridine Industry Market and are also expected to expand in the upcoming years. Pyridine
Industry is classified on the basis of asNorth America, Latin America, Western Europe, Eastern Europe,
Asia Pacific, Japan and Middle East and Africa.
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The North American region consists of the U.S., and Canada. Latin America region consists of Mexico
and Brazil. The Western European region consists of Germany, Italy, France, England and Spain. The
Eastern European region consists of Poland and Russia. Asia Pacific region consists of China, India,
ASEAN, Australia & New Zealand. The Middle East and Africa region consists of GCC, South Africa and
North Africa.
Some of the key players that fuel the growth of the Pyridine Industry include Jubilant Life Sciences
Limited, Vertellus Specialities Inc., Lonza Group Ltd., Resonance Specialities Limited, Red Sun Group,
Shandong Luba Chemical Co., Ltd., Koei Chemical Co., Ltd., and Weifang Sunwin Chemicals Co., Ltd.