Biphenyl Market Size, Trends, Analysis, and Outlook By Source (Crude Oil, Coal Tar, Natural Gas), By Application (Pharmaceuticals Solvent, Chemical Intermediates, Food and Beverages, Dye Carrier, Others), by Country, Segment, and Companies, 2024-2030

Biphenyl Market Size, Trends, Analysis, and Outlook By Source (Crude Oil, Coal Tar, Natural Gas), By Application (Pharmaceuticals Solvent, Chemical Intermediates, Food and Beverages, Dye Carrier, Others), by Country, Segment, and Companies, 2024-2030

The global Biphenyl market size is poised to register a 6.5% growth from $1.9 Billion in 2024 to 2.8 Billion in 2030, presenting significant growth prospects for companies operating in the industry. The Biphenyl market study analyzes the study across By Source (Crude Oil, Coal Tar, Natural Gas), By Application (Pharmaceuticals Solvent, Chemical Intermediates, Food and Beverages, Dye Carrier, Others).

The Biphenyl Market in 2024 is anticipated to expand, driven by its applications in various industries such as pharmaceuticals, agrochemicals, and electronics. Biphenyl, an aromatic hydrocarbon, is used as an intermediate in the production of various chemical compounds and as a heat transfer fluid. The market growth is supported by rising demand for biphenyl derivatives, advancements in chemical synthesis technologies, and regulatory requirements for high-purity chemicals. The development of innovative applications for biphenyl in emerging industries is further propelling market growth.

Biphenyl Market Drivers, Trends, Opportunities, and Growth Opportunities

This comprehensive study delves into the latest trends and pressing challenges for industry players and investors. The Biphenyl market research analyzes global market trends, key drivers, challenges, and opportunities. The "Future of Biphenyl" survey report provides a market size outlook across types, applications, and other segments worldwide and by region. It offers data-driven insights and actionable recommendations for companies in the Biphenyl industry.

Key market trends defining the global Biphenyl demand in 2024 and Beyond

The industry remains an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play major roles.

Biphenyl Market Segmentation- Industry Share, Market Size, and Outlook to 2030

The Biphenyl industry comprises a wide range of segments and sub-segments. Rising demand for these product types and applications supports increased investments in niche segments. Leading companies plan to generate a large share of their future revenue growth from expanding into these niche segments. The report presents a market size outlook across segments, supporting Biphenyl companies scaling up production in these sub-segments with a focus on emerging countries.

Key strategies adopted by companies within the Biphenyl industry

Leading Biphenyl companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Additionally, companies leverage advanced technologies to unlock opportunities and achieve operational excellence. The report details the key strategies adopted by the top 10 Biphenyl companies.

Biphenyl Market Study- Strategic Analysis Review

The Biphenyl market research report dives deep into qualitative factors shaping the market, empowering you to make informed decisions. This includes:

• Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
• Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
• Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
• Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.

Biphenyl Market Size Outlook- Historic and Forecast Revenue in Three Cases

The Biphenyl industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. With actual data for 2023, the report forecasts the market size outlook from 2024 to 2030 in three scenarios: low case, reference case, and high case.

Biphenyl Country Analysis and Revenue Outlook to 2030

The report analyzes 22 countries worldwide, including key driving forces and market size outlook from 2021 to 2030. Additionally, it includes region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America. For each region, the market size outlook by segments is forecast for 2030.

North America Biphenyl Market Size Outlook- Companies plan for focused investments in a changing environment

The US remains the market leader in North America, driven by a large consumer base, well-established providers, and strong infrastructure. Leading companies focus on new product launches in a changing environment. The US GDP is expected to grow from $28,781.1 Billion in 2024 to $36,621 Billion in 2030, driving demand for various Biphenyl market segments. Similarly, strong market demand encourages Canadian Biphenyl companies to invest in niche segments. Mexico's investment in technological advancements positions it for significant market expansion.

Europe Biphenyl Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities

The German industry remains the major market for companies in the European Biphenyl industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of vendors in identifying and leveraging new growth prospects positions the European Biphenyl market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.

Asia Pacific Biphenyl Market Size Outlook- an attractive hub for opportunities for both local and global companies

The increasing prevalence of indications, robust consumption expenditure, and increasing investments in infrastructure drive the demand for Biphenyl in Asia Pacific. In particular, China, India, and South East Asian Biphenyl markets present a compelling outlook for 2030, acting as a magnet for both domestic and multinational vendors seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major countries in the APAC region.

Latin America Biphenyl Market Size Outlook- Continued urbanization and rising income levels

Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Biphenyl Market Size Outlook- continues its upward trajectory across segments

Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Biphenyl market potential. Fueled by increasing consumption expenditure of individuals, growing population, and high prevalence across a few markets drives the demand for Biphenyl.

Biphenyl Market Company Profiles

The global Biphenyl market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are Abacipharm Corp, Alfa Aesar, Biosynth Carbosynth, Daken Chemical Ltd, Eastman Chemical Company, Henan Tianfu Chemical Co. Ltd, Jiangsu Zhongneng Chemical Technology Co. Ltd, Lanxess AG, Mainchem, Merck KGaA, Oakwood Products Inc, Otto Chemie Pvt. Ltd, Springchem New Material Technology Co. Ltd, Taj Pharmaceuticals Ltd, TCI America.

Recent Biphenyl Market Developments

The global Biphenyl market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Biphenyl Market Report Scope

Parameters: Revenue, Volume Price

Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2030 (Forecast Period)

Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)

Qualitative Analysis

• Pricing Analysis
• Value Chain Analysis
• SWOT Profile
• Market Dynamics- Trends, Drivers, Challenges
• Porter’s Five Forces Analysis
• Macroeconomic Impact Analysis
• Case Scenarios- Low, Base, High

Market Segmentation:
By Source
Crude Oil

Coal Tar

Natural Gas
By Application
Pharmaceuticals Solvent

Chemical Intermediates

Food and Beverages

Dye Carrier

Others

Geographical Segmentation:

• North America (3 markets)
• Europe (6 markets)
• Asia Pacific (6 markets)
• Latin America (3 markets)
• Middle East Africa (5 markets)

Companies

Abacipharm Corp

Alfa Aesar

Biosynth Carbosynth

Daken Chemical Ltd

Eastman Chemical Company

Henan Tianfu Chemical Co. Ltd

Jiangsu Zhongneng Chemical Technology Co. Ltd

Lanxess AG

Mainchem

Merck KGaA

Oakwood Products Inc

Otto Chemie Pvt. Ltd

Springchem New Material Technology Co. Ltd

Taj Pharmaceuticals Ltd

TCI America

Formats Available: Excel, PDF, and PPT