A report on the Global Succinonitrile Market has been published by Contrive Datum Insights. The report provides clients with the latest trending insights into the Succinonitrile market. It can be seen that the report includes market value and growth rate, size, production consumption and gross margin, pricing and other influencing factors. Along with this, in the report, you will get detailed information about every distributor, supplier, and retailer in the market. The competitive scenarios of all industry players are mentioned in detail in the report. The pandemic has caused market participants to strategically change their business plans.
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The growth of the succinonitrile market can be attributed to increasing demand for aromatics in petroleum distillates and organic synthesis, and increasing demand for quinacridone pigments globally. However, fluctuations in raw material prices are likely to restrain the growth of this market over the forecast period.
Colorless oily liquid with irritating and pungent odor. Succinonitrile is used as an intermediate in the manufacture of various chemicals and pharmaceuticals. It is also an important raw material for the production of quinacridone pigments. They are widely used in paints and coatings, plastics, rubber, printing inks and cosmetics. These pigments have excellent tinting strength, high tinting strength and excellent light fastness.
The report also covers the complete competitive landscape of the worldwide market with company profiles of key players such as Cisco, HP, IBM, Oracle, Ciklum, Citrus Pay, CRS Technologies, Demandware, Dolphin Dynamics, eBay-GSI Commerce, eCare Technology Labs, Expert Travel Services, FDS, HubSpot, Hybris, Infosys, JDA Software, Lemax, MapmyIndia, Microsystem, mTrip, NetSuits, Pay. Geographically, this market has been segmented into regions such as North America, Latin America, Europe, Asia Pacific and Rest of the World. The study details country-level aspects based on each segment and gives estimates in terms of market size.
The Asia Pacific region is the largest succinonitrile market, accounting for more than 45% of global sales in 2015. The region is expected to witness high growth owing to increasing demand from end-use industries such as transportation, warehousing, packaging, and printing. Furthermore, rising disposable income and rapid urbanization in emerging markets including China and India are expected to drive product demand over the forecast period.
China dominates the Asia Pacific market owing to its large manufacturing base and growing consumption in end-use industries such as construction, automotive, and transportation equipment. Latin America also accounts for a large share due to increased oil refining activity as well as growth in car production, especially in Brazil, which has one of the largest car manufacturing plants in the world; Volkswagen do Brasil S/A produces cars of various brands, Such as Volkswagen, Skoda Fabia, Chevrolet Lanos, etc.).
Succinonitrile Market Segmentation:
By Type:
- Purity: 97%
- Purity: 98%
- Purity: 99%
- Other
By Applications:
- Solvent for Extraction of Aromatic Hydrocarbon in Petroleum Fraction
- Organic Synthesis
- Nickel Plating Brightener
- Lithium-Ion Battery Electrolyte Additives
- Raw Material of Quinacridone Pigment
- Manufacture Nylon-4
- Intermediate of Medicine
- Transportation and
- Other
Frequently Asked Questions (FAQ):
- What is the growth rate predicted for the Global Succinonitrile Market?
- Who are the top performing companies in Succinonitrile Market?
- Which region dominated the worldwide market for Succinonitrile in 2022?
Related Sources:
- https://www.digitaljournal.com/pr/global-allergic-rhinitis-treatment-market-is-expected-to-grow-at-a-cagr-of-3-4-during-forecast-period
- https://www.openpr.com/news/2857176/green-chelates-natural-chelating-agents-market-demand-scope
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