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According to the latest research, the global 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) market size was valued at USD 93.23 million in 2022 and is expected to expand at a CAGR of -29.25% during the forecast period, reaching USD 11.69 million by 2028.
Market Challenges
All over the world, prices for raw materials, energy, operating and transport costs are soaring. Commodity prices have increased from +30-40% to +300-400% for most commodities and specialty chemicals. There seems to be no limit to the increase in shipping prices. And beyond prices, the very availability of certain materials, equipment, spare parts, containers and even electricity remains very uncertain for the coming weeks and months.
Higher demand combined with supply chain problems and limited availability of transport resources increases market uncertainty and increases raw material prices sharply. The cost of raw materials is very important for 2-Nitro-4-(Trifluoromethyl) Benzonitrile manufacturers, as they account for about 70% of the operating costs. If the price of raw materials fluctuates continuously in the future, and the company fails to digest the impact caused by the price fluctuation of raw materials in the downstream market in time, it will adversely affect the company's purchasing and production plan and operating performance.
2-Nitro-4-(Trifluoromethyl) Benzonitrile industry belong to the fine chemical industry, and the main raw materials, some products and "three wastes" such as wastewater, waste gas and solid waste produced in the production process pollute the environment. If there are environmental pollution accidents caused by improper management in the production process, the enterprise will be punished by the regulatory authorities or compensate other parties for losses. If the regulatory authorities require the company to suspend production for rectification or close some production facilities, it will have a significant adverse impact on the company's production and operation. In addition, with the strengthening of national environmental protection, stricter environmental protection standards will be introduced in the future, and the investment and expenditure of manufacturers in environmental protection will increase correspondingly.
Region Overview:
From 2023-2028, Asia Pacific is estimated to witness robust growth prospects.
Company Overview:
Changzhou Jiayuan Chemical Co., Ltd. is one of the major players operating in the 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) market, holding a share of 40.68% in 2022.
Changzhou Jiayuan Chemical Co., Ltd. is committed to the Research Institute in cooperation with the well-known domestic fluorine chemical industry, professional production and development of fluorine medicine, pesticide intermediates. At the same time the company also engaged in new materials and fluorinated monomer, fluorine fine chemicals research and development, new environmentally friendly refrigerants, pesticide products sales.
Qingdao Union Fine Chemical Co., Ltd. specializes in the manufacture of fine organic chemicals. They have developed more than 100 products including Trifluoromethylbenzene, Organochlorides, and other Aromatic and Heteroaromatic Compounds. Most of these have been used as pharmaceutical and electronic intermediates.
Segmentation Overview:
Among different product types, ≥98% segment is anticipated to contribute the largest market share in 2028.
Application Overview:
By application, the Agricultural Uses segment occupied the biggest share from 2018 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9). The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) Market Report Include:
Market Size Estimates: 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) market
Segment Market Analysis: 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) market situations and prospects in major and top regions and countries
2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) Market
2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) Industry Chain: 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) Industry News, Policies by regions
2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) Industry Porters Five Forces Analysis
Key players in the global 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) market are covered in Chapter 2:
Wuxi Jiabao Pesticide & Pharmaceutical Co., Ltd.
QINGDAO UNION FINE CHEMICAL CO., LTD.
Changzhou Jiayuan Chemical Co., Ltd.
Capot Chemical Co.,Ltd
In Chapter 6 and Chapter 9, on the basis of types, the 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) market from 2018 to 2028 is primarily split into:
≥98%
<98%
In Chapter 7 and Chapter 10, on the basis of applications, the 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) market from 2018 to 2028 covers:
Agricultural Uses
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Market Challenges
All over the world, prices for raw materials, energy, operating and transport costs are soaring. Commodity prices have increased from +30-40% to +300-400% for most commodities and specialty chemicals. There seems to be no limit to the increase in shipping prices. And beyond prices, the very availability of certain materials, equipment, spare parts, containers and even electricity remains very uncertain for the coming weeks and months.
Higher demand combined with supply chain problems and limited availability of transport resources increases market uncertainty and increases raw material prices sharply. The cost of raw materials is very important for 2-Nitro-4-(Trifluoromethyl) Benzonitrile manufacturers, as they account for about 70% of the operating costs. If the price of raw materials fluctuates continuously in the future, and the company fails to digest the impact caused by the price fluctuation of raw materials in the downstream market in time, it will adversely affect the company's purchasing and production plan and operating performance.
2-Nitro-4-(Trifluoromethyl) Benzonitrile industry belong to the fine chemical industry, and the main raw materials, some products and "three wastes" such as wastewater, waste gas and solid waste produced in the production process pollute the environment. If there are environmental pollution accidents caused by improper management in the production process, the enterprise will be punished by the regulatory authorities or compensate other parties for losses. If the regulatory authorities require the company to suspend production for rectification or close some production facilities, it will have a significant adverse impact on the company's production and operation. In addition, with the strengthening of national environmental protection, stricter environmental protection standards will be introduced in the future, and the investment and expenditure of manufacturers in environmental protection will increase correspondingly.
Region Overview:
From 2023-2028, Asia Pacific is estimated to witness robust growth prospects.
Company Overview:
Changzhou Jiayuan Chemical Co., Ltd. is one of the major players operating in the 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) market, holding a share of 40.68% in 2022.
Changzhou Jiayuan Chemical Co., Ltd. is committed to the Research Institute in cooperation with the well-known domestic fluorine chemical industry, professional production and development of fluorine medicine, pesticide intermediates. At the same time the company also engaged in new materials and fluorinated monomer, fluorine fine chemicals research and development, new environmentally friendly refrigerants, pesticide products sales.
Qingdao Union Fine Chemical Co., Ltd. specializes in the manufacture of fine organic chemicals. They have developed more than 100 products including Trifluoromethylbenzene, Organochlorides, and other Aromatic and Heteroaromatic Compounds. Most of these have been used as pharmaceutical and electronic intermediates.
Segmentation Overview:
Among different product types, ≥98% segment is anticipated to contribute the largest market share in 2028.
Application Overview:
By application, the Agricultural Uses segment occupied the biggest share from 2018 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9). The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) Market Report Include:
Market Size Estimates: 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) market
Segment Market Analysis: 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) market situations and prospects in major and top regions and countries
2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) Industry Chain: 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) Industry News, Policies by regions
2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) Industry Porters Five Forces Analysis
Key players in the global 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) market are covered in Chapter 2:
Wuxi Jiabao Pesticide & Pharmaceutical Co., Ltd.
QINGDAO UNION FINE CHEMICAL CO., LTD.
Changzhou Jiayuan Chemical Co., Ltd.
Capot Chemical Co.,Ltd
In Chapter 6 and Chapter 9, on the basis of types, the 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) market from 2018 to 2028 is primarily split into:
≥98%
<98%
In Chapter 7 and Chapter 10, on the basis of applications, the 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) market from 2018 to 2028 covers:
Agricultural Uses
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed 2-Nitro-4-(Trifluoromethyl) Benzonitrile (CAS 778-94-9) market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
