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Chlorobenzene Companies

Chlorobenzene companies specialize in the production and distribution of chlorobenzene, a key chemical compound used in various industries. This aromatic compound serves as a precursor for the synthesis of numerous chemicals, including pesticides, dyes, and pharmaceuticals. These companies play a vital role in supplying essential raw materials to diverse sectors, supporting industrial processes globally.

 

Chlorobenzene Key Companies


Chlorobenzene, a versatile aromatic compound, finds applications across diverse industries like pharmaceuticals, chemicals, and paints. 


Market Leaders and Strategies:




  • Dow Chemical: A long-standing leader, Dow boasts integrated production facilities and a robust distribution network. Its focus on sustainability through initiatives like eco-efficient chlorobenzene production has further cemented its position.


  • Lanxess AG: Recognized for its high-purity chlorobenzene, Lanxess caters to specialty applications, particularly in the pharmaceutical and electronics sectors. Its recent acquisition of Chemours' chlor-alkali business is expected to bolster its market presence.


  • LG Chem: With a strong foothold in Asia, LG Chem leverages its vertical integration and cost-competitiveness to capture market share. Its investments in technology advancements and capacity expansions point towards further growth.


  • China National Petroleum Corporation (CNPC): As the largest producer in China, CNPC enjoys cost advantages and benefits from the expanding domestic market. Its strategic partnerships with downstream players further solidify its position.


  • ExxonMobil: A global giant with established production and technology expertise, ExxonMobil focuses on high-volume applications like paints and polymers. Its commitment to operational excellence and product quality keeps it competitive.


Factors Shaping Market Share:




  • Product Type: Monochlorobenzene holds the largest market share (over 70%), driven by its versatility in various applications. However, paradichlorobenzene is expected to witness the fastest growth due to its increasing demand in moth repellents and air fresheners.


  • Region: Asia-Pacific dominates the market, accounting for about 50% of global chlorobenzene consumption. The burgeoning economies and rapid industrialization in this region fuel the demand.


  • Application: The chemical industry consumes the largest share (over 40%) of chlorobenzene, primarily for the production of nitrochlorobenzene and phenols. However, the paints and coatings segment is a close second, driven by the construction boom in emerging markets.


  • Regulations: Stringent environmental regulations, particularly in Europe and North America, are pushing producers towards adopting cleaner production technologies and exploring less hazardous alternatives. This can impact market dynamics and favor companies with sustainable practices.


Key Players


Some of the prominent players in the global chlorobenzene market are Aarti Industries Limited (India), Chemieorganics Chemical India Pvt. Ltd (India), China Petroleum & Chemical Corporation (China), LANXESS (Germany), Kureha Corporation (Japan), Seya Industries Ltd (India), Panoli Intermediates India Private Limited (India), J&K Scientific Ltd (India)., Jiaxing Zhonghua Chemical Co.LTD (China), and Meryer (Shanghai) Chemical Technology Co., Ltd (China), among others


Recent Developments:


July 2023: Lanxess launches a new high-purity chlorobenzene grade specifically designed for pharmaceutical applications, demonstrating its commitment to catering to specialty markets.


September 2023: ExxonMobil enters a joint venture with a Chinese company to build a new chlorobenzene plant in China, marking its increased focus on the Asian market.


November 2023: A new study suggests the potential development of bio-based chlorobenzene production methods, potentially disrupting the traditional production landscape in the long term.

Market Synopsis


The Global Chlorobenzene Market is expected to be valued at USD 3,146.50 million and projected to register 5.7% CAGR during the forecast period. Chlorobenzene is primarily used as a chemical intermediate as well as a solvent and degreasing agent. It is an aromatic chemical compound which belongs to the family of organic halogen compounds, class of synthetic and natural chemicals that comprises of one or more halogens such as chlorine, fluorine, bromine, or iodine combined with carbon elements.


In cosmetic products, chlorobenzene dissolves with other substances and is an organic chemical which is positively influencing its application in natural-based beauty products. The growing beauty and personal care markets in Asia-Pacific and the Middle East & Africa is expected to create significant demand for natural beauty products. The ASEAN Cosmetics Association, Inc (ACA), reported that China accounted for nearly 37% of revenue generated in the Asia-Pacific cosmetics & personal care ingredients market by 2017 and is estimated to exhibit a significant CAGR of around 6.55% over the assessment period due to the various factors such as rapid urbanization, rise in per capita disposable income, and changing lifestyles.


Chlorobenzene is used as a solvent for manufacturing rubber, adhesive, and paints. Rubber is used in the manufacturing of many industrial and consumer products such as gloves, tires, hoses, belts, and cables. Thus, the rising demand for rubber in the manufacturing of tires, cosmetics, and medical applications is expected to drive the chlorobenzene industry.


The growing geriatric population across the globe is expected to increase the adoption of cosmetic and skincare products, which in turn is likely to raise the demand for cosmetics & personal care products across the globe. The increasing number of skin diseases and growing consumer awareness regarding healthcare is estimated to augment the demand for personal care and cosmetic ingredients. Thus, the growth of the cosmetic industry in the developing regions is estimated to offer lucrative opportunities for the producers of chlorobenzene as an organic chemical solvent.


Key Players


Some of the prominent players in the global chlorobenzene market are Aarti Industries Limited (India), Chemieorganics Chemical India Pvt. Ltd (India), China Petroleum & Chemical Corporation (China), LANXESS (Germany), Kureha Corporation (Japan), Seya Industries Ltd (India), Panoli Intermediates India Private Limited (India), J&K Scientific Ltd (India)., Jiaxing Zhonghua Chemical Co.LTD (China), and Meryer (Shanghai) Chemical Technology Co., Ltd (China), among others


Global Chlorobenzene Market Share, by Application, 2018 (%)  Chlorobenzene Market


Source: MRFR Analysis


Regional Analysis


Asia-Pacific is expected to be the fastest-growing regional market owing to the high demand for cosmetics, textiles, chemical, and polymer products in countries such as China, South Korea, India, and Japan. In addition, the region is witnessing exponential growth in the manufacturing and construction industries on account of economic development, which is likely to propel the demand for chlorobenzene in various applications. The North America market is witnessing high demand for chemical-based products, which is expected to boost the demand for chlorobenzene in the region. In the US, the use of chlorobenzene as a medical intermediary in the pharmaceutical industry is growing due to the rise the prevalence of chronic diseases.


The growth of the European market is primarily driven by the growing preference for polymers over metals in the automotive and aerospace industries. Moreover, the high demand for chlorobenzene as an intermediate for producing pharmaceuticals is projected to boost the regional market growth during the review period. According to PlasticsEurope, one of the leading European trade associations, global polymer production increased from 322 million tons in 2015 to 335 million tons in 2016. Further, polymer production in Europe increased from 63.93 million tons in 2015 to 70.54 million tons in 2017. The rise in the demand for polymers in numerous applications such as packaging, building and construction, electronic appliances, and automobile parts is also the major factor driving the growth of the European market during the forecast period.


Market Segmentation


The global chlorobenzene market has been segmented on the basis of type, application, and region. Based on type, the global chlorobenzene market has been segregated into monochlorobenzene, o-dichlorobenzene, p-dichlorobenzene, dichlorobenzene, tetrachlorobenzenes, trichlorobenzenes, hexachlorobenzene, and others. The monochlorobenzene segment is expected to register healthy growth owing to its increasing use in polymer production. By application, the global market has been divided into rubber & polymer, cosmetics, textiles, pharmaceuticals, chemical, and others. The chemical segment is estimated to be the fastest-growing segment due to the increasing adoption of chlorobenzene in the production of agrochemicals.


Intended Audience



  • Chlorobenzene manufacturers

  • Traders and distributors of chlorobenzene

  • Research and development institutes

  • Potential investors

  • Raw material suppliers

  • Nationalized laboratories

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