Market Overview:
The global 2-methylpyridine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for 2-methylpyridine from various applications such as pharmaceuticals, agrichemicals, and dye intermediates. Additionally, the growing demand for 2-methylpyridine from emerging economies is also contributing to the growth of this market. However, fluctuations in prices of raw materials may restrain the growth of this market during the forecast period.
Product Definition:
2-Methylpyridine is a colorless liquid with an unpleasant odor. It is used as a solvent and in the manufacture of other chemicals.
Purity 99%:
2-Methylpyridine, also known as 2MP or Purity 99%, is an organic compound and a pyrrolidinone derivative. It has a molecular weight of 128.4 and boiling point of 267 °C (531 °F). Purity 99% is manufactured by the hydrolysis of 1,4-butanediol (BDO) which is obtained as a byproduct in the production process for gasoline.
Purity 98%:
Purity 98% is a colorless liquid, which is used as an intermediate in the production of 2-Methylpyridine (2MP). It is also used as a solvent for manufacturing various chemicals such as solvents, adhesives & sealants and coatings. Purity 98% has applications in pharmaceuticals and agrochemicals industries.
Application Insights:
2-Methylpyridine is used in the manufacturing of various products including pharmaceutical intermediates, agrochemicals, dyes intermediates and other niche applications. The major application segments include pharmaceuticals, dyes and agriculture chemicals. 2-Methylpyridine is an essential raw material for the production of a wide range of agrochemicals such as fumigants (herbicides), insecticides, fungicides and plant growth regulators that are used across multiple industries worldwide.
The global demand for 2-methylpyridine has witnessed a paradigm shift due to its increasing use in producing agricultural chemicals which have subsequently replaced many older pesticides worldwide. The chemical also finds utility as an intermediate in the production of numerous consumer goods such as cosmetics, plastics and rubber products which are further utilized by different end-use industries globally.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to witness significant growth over the forecast period. The region comprises of major countries such as China, India, Japan, South Korea and Taiwan. These countries are majorly involved in research activities for developing novel 2-MP derivatives that can be used across various industries.
The demand for 2-MP is primarily driven by its use as a precursor in pharmaceuticals and agchemicals owing to its high demand from these end-use industries across Asia Pacific region.
Growth Factors:
- Increasing demand from end-use industries such as agrochemicals, pharmaceuticals, and flavors and fragrances
- Growing demand for 2-methylpyridine in emerging economies
- Rising investment in research and development activities by key players to develop new applications for 2-methylpyridine
- Increasing use of 2-methylpyridine as a precursor for the manufacture of other chemicals
- Growing popularity of green solvents owing to their environmental benefits
Scope Of The Report
Report Attributes
Report Details
Report Title
2-Methylpyridine Market Research Report
By Type
Purity 99%, Purity 98%, Other
By Application
Pharmaceuticals, Agrichemicals, Dye Intermediates
By Companies
Vertellus, Koei Chemical, Henan Huayin Chemical, Changzhou Jintan Hengxin Chemical, Shandong Luba Chemical, Capot Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
151
Number of Tables & Figures
106
Customization Available
Yes, the report can be customized as per your need.
Global 2-Methylpyridine Market Report Segments:
The global 2-Methylpyridine market is segmented on the basis of:
Types
Purity 99%, Purity 98%, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceuticals, Agrichemicals, Dye Intermediates
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Vertellus
- Koei Chemical
- Henan Huayin Chemical
- Changzhou Jintan Hengxin Chemical
- Shandong Luba Chemical
- Capot Chemical
Highlights of The 2-Methylpyridine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Purity 99%
- Purity 98%
- Other
- By Application:
- Pharmaceuticals
- Agrichemicals
- Dye Intermediates
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the 2-Methylpyridine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
2-Methylpyridine is a chemical compound with the molecular formula C5H10N2. It is an organic compound with a pyridine ring and two methyl groups attached.
Some of the major players in the 2-methylpyridine market are Vertellus, Koei Chemical, Henan Huayin Chemical, Changzhou Jintan Hengxin Chemical, Shandong Luba Chemical, Capot Chemical.
The 2-methylpyridine market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 2-Methylpyridine Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 2-Methylpyridine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 2-Methylpyridine Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the 2-Methylpyridine Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global 2-Methylpyridine Market Size & Forecast, 2020-2028
4.5.1 2-Methylpyridine Market Size and Y-o-Y Growth
4.5.2 2-Methylpyridine Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Purity 99%
5.2.2 Purity 98%
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Pharmaceuticals
6.2.2 Agrichemicals
6.2.3 Dye Intermediates
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 2-Methylpyridine Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 2-Methylpyridine Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Purity 99%
9.6.2 Purity 98%
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Pharmaceuticals
9.10.2 Agrichemicals
9.10.3 Dye Intermediates
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Purity 99%
10.6.2 Purity 98%
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Pharmaceuticals
10.10.2 Agrichemicals
10.10.3 Dye Intermediates
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Purity 99%
11.6.2 Purity 98%
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Pharmaceuticals
11.10.2 Agrichemicals
11.10.3 Dye Intermediates
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Purity 99%
12.6.2 Purity 98%
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Pharmaceuticals
12.10.2 Agrichemicals
12.10.3 Dye Intermediates
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Purity 99%
13.6.2 Purity 98%
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Pharmaceuticals
13.10.2 Agrichemicals
13.10.3 Dye Intermediates
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 2-Methylpyridine Market: Competitive Dashboard
14.2 Global 2-Methylpyridine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Vertellus
14.3.2 Koei Chemical
14.3.3 Henan Huayin Chemical
14.3.4 Changzhou Jintan Hengxin Chemical
14.3.5 Shandong Luba Chemical
14.3.6 Capot Chemical
