Global 1,2-Dicyanobenzene (o-Phthalodinitrile, CAS 91-15-6) Market 2024

Global 1,2-Dicyanobenzene (o-Phthalodinitrile, CAS 91-15-6) Market 2024

1,2-Dicyanobenzene, also known as o-phthalodinitrile, 1,2-benzenedicarbonitrile or phthalonitrile, is an organic compound with the formula C₆H₄(CN)₂. It is a derivative of benzene, containing two adjacent nitrile groups. 1,2-Dicyanobenzene is the precursor to phthalocyanine pigments. This compound is also used as intermediate for the synthesis of agrochemicals, pharmaceuticals, and chemical intermediates.

According to the latest data, the market size of the global 1,2-dicyanobenzene sector is expected to rise by USD 10.6 million with a CAGR of 4.4% by the end of 2030.

This comprehensive industry report provides market estimates and forecasts, accompanied by a detailed examination of the application, and region aspects. It delivers a quantitative analysis of the market, empowering stakeholders to leverage existing market opportunities. Furthermore, the report identifies key segments for potential opportunities and strategies, drawing insights from market trends and the approaches of leading competitors.

The global baby bottle market has been extensively analyzed by categorizing it according to various sub-segments in order to provide accurate forecasts of industry size and assess trends within specific areas.

The global market for 1,2-dicyanobenzene can be segmented by application: optical brighteners, pharmaceuticals, pigments, others. The pigments segment is estimated to account for the largest share of the global 1,2-dicyanobenzene market.

1,2-dicyanobenzene market is further segmented by region: Asia-Pacific, Europe, North America, Middle East and Africa (MEA), South America. Asia-Pacific was the largest revenue contributor to the global 1,2-dicyanobenzene market in 2023 and is anticipated to show the highest growth rate during the forecast period.

The global 1,2-dicyanobenzene market is dominated by only a few participants including BASF SE, Jiangsu Weunite Fine Chemical Co., Ltd., Lily Holding Co., Ltd., Shandong Shangzheng New Material Technology Co., Ltd., among others.

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Market Segments Covered in Global 1,2-Dicyanobenzene Industry Analysis:

i.) Application

• Optical brighteners
• Pharmaceuticals
• Pigments
• Others

ii.) Region

• Asia-Pacific
• Europe
• North America
• Middle East and Africa (MEA)
• South America