Chlorobenzene Market - By Type , By Grade , By Application , By End-Use Industry , By Geography - Global Opportunity Analysis & Industry Forecast, 2024 - 2030

Chlorobenzene Market Overview

Chlorobenzene Market size is expected to be valued at US$3.9 billion by the end of the year 2030 and the Chlorobenzene industry is set to grow at a CAGR of 5.8% during the forecast period from 2024-2030. Chlorobenzene, also called as phenyl chloride or benzene chloride, is an aromatic organic compound, usually produced by ferric chloride, sulfur chloride, and anhydrous aluminum chloride. Chlorobenzene is used as intermediaries in production of chemical-based products such as pigments, dyes, herbicides, pesticide, degreasing agents and others. It is also used as solvents in the manufacture of oil cleaners, adhesives, waxes, paints, paint removers, polishes and others. Polyphenylene sulfide (PPS), a semi-crystalline polymer manufactured by chlorobenzene, is widely used in the textile industry for coatings and fabric, due to its high resistance to temperature, thermal shock and chemicals. Chlorobenzene is also used in dichlorodiphenyltrichloroethane which is used for producing agrochemicals. The increasing application in various end-use industries like pharmaceutical, textile, agriculture, proteomics research and others.

With increasing environmental concerns, the Chlorobenzene industry is embracing green chemistry principles to minimize waste generation, reduce energy consumption, and mitigate environmental impact. Companies are investing in eco-friendly processes and sustainable practices to align with regulatory standards and consumer preferences. There is a notable shift towards bio-based feedstocks in the Chlorobenzene industry. Companies are exploring renewable raw materials as alternatives to traditional petroleum-based feedstocks. This trend is driven by sustainability goals, resource optimization, and the need to diversify supply chains are highly driving the Chlorobenzene market.

Market Snapshot :

COVID-19 impact

Amid the Covid-19 pandemic, the chlorobenzene market saw a considerable amount of growth due to the increase in demand from the pharmaceutical industry. Chlorobenzene is used is an active pharmaceutical ingredient used in the manufacture of various medicines. The demand for chlorobenzene however decreased from the other end-use industries such as textile industry, agriculture industry, paints and coating industries and others, due to the economic restrictions around the globe. Although the demand from many key-use industries decreased, the demand from the pharmaceutical industry boosted the sales of chlorobenzene during the year 2020.

Report Coverage

The report: “Chlorobenzene Market – Forecast (2024-2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the Chlorobenzene Industry.

By Type: Monochlorobenzene, Paradichlorobenzene, Orthodichlorobenzene, m-dichlorobenzene, Hexachlorobenzene and Others

By Grade: Industrial Grade, Technical Grade and Pharmaceutical Grade.

By Application: Polymers and Resins, Deodorants and sprays, Adhesives and Sealants, Waxes, Cosmetics, Rubber, Pesticide, Pigments, Ink and Dyes, Solvents, Plastics, Perfumes and Others.

By End-Use Industry: Paints and Coatings, Textile Industry, Pharmaceutical Industry, Agriculture Industry, Healthcare and Medical Industry, Personal Care and Others.

By Geography: North America (U.S, Canada, Mexico), Europe (Germany, UK, France, Italy, France, Netherlands, Belgium Spain, Russia and Rest of Europe), APAC (China, Japan India, South Korea, Australia, New Zealand, Indonesia, Taiwan, Malaysia), South America (Brazil, Argentina, Colombia, Chile and Rest of South America) and RoW (Middle East and Africa).

Key Takeaways

• Asia-Pacific market held the largest share in the chlorobenzene market owing to the increase in demand from various key-use industries such as agriculture industry textile industry and pharmaceutical industry in countries like China, Japan and India.
• The increase in the demand from the pharmaceutical industry, especially during the Covid-19 pandemic has led to the hike in the production and sales of Chlorobenzene
• The increasing application of chlorobenzene in the textile industry for dyes and pigments is one of the significant factors driving the growth of the Chlorobenzene market.
• Amid the Covid-19 pandemic, the Chlorobenzene market witnessed a considerable amount of growth owing to the increase in the use of chlorobenzene in the production of medicines. 

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Chlorobenzene Market Segment Analysis – By Type

Monochlorobenzene held the largest share of 34% in the Chlorobenzene market in the year 2023. The increase in demand for monochlorobenzene can be attributed to the increasing demand from the manufacture of diphenyl oxide and nitrochlorobenzene, which has a wide range of applications such as chemicals in rubber processing, pesticide, resins dyes and pigment intermediates among others. Monochlorobenzene is also used in specialty chemicals and further used for various applications such as ether & phenylphenols, Sulfone polymers nitrochlorobenzene, Diphenol and Solvents. The increase in year-on-year growth of industries such as pesticide and pharmaceutical industry is driving the Monochlorobenzene segment in the Chlorobenzene market.

Chlorobenzene Market Segment Analysis – By Grade

Industrial grade segment held the largest share of 45% in the Chlorobenzene market in the year 2023. Industrial grade is used in various key-use industries such as dyes, pigments, specialty chemicals, pesticide, herbicides and others. This is highly driving the industrial grade chlorobenzene. Industrial grade chlorobenzene is used as solvents in various industrial applications such as paints, coatings, adhesives, sealants, polishes, waxes and other such industrial products. The growth of end-use industries using such applications is one of the significant factors driving the Chlorobenzene market. 

Chlorobenzene Market Segment Analysis – By Application

Solvents segment held the largest share of 30% in the Chlorobenzene market in the year 2023. Solvents are extensively used in the production of pesticide formulations, adhesives, sealants, polishes, paints, abrasives coatings and others. Cholorobenzene has high boiling temperature and gets easily evaporated in air without leaving behind any trace, and is used as intermediaries in the production of various chemicals. It can also be used for degreasing automobile parts. This is highly driving the use of cholorobenzene in the solvents segments, which is further increasing the growth of solvents in the cholorobenzene market.

Chlorobenzene Market Segment Analysis – By End-Use Industry

Pharmaceutical industry held the largest share growing at a CAGR of 10.7% in the Chlorobenzene market in the year 2023. The increasing use of cholorobenzene as Active Pharmaceutical Ingredients in the pharmaceutical industry is one of the significant factors driving the use of cholorobenzene in the pharmaceutical sector. Furthermore, cholorobenzene is also used as an antioxidant gum additive in the pharmaceutical sector and in proteomics research. According to the Republic of Türkiye Investment Office, Global Spending on Pharmaceuticals to Exceed $11 Trillion by 2030. This is majorly driving the pharmaceutical industry segment in the cholorobenzene market, as cholorobenzene is extensively used in the production of various medicines and other specialty chemicals used in the pharmaceutical industry.

Chlorobenzene Market Segment Analysis – By Geography

Asia-Pacific region held the largest share of 41% in the Chlorobenzene market in the year 2023. The rapid growth in the population in countries like India and China coupled with the countries’ high dependence on agriculture, which eventually results in high demand for pesticide and herbicides is highly driving the cholorobenzene market. Furthermore, the presence of various major industry players in the region is contributing to the growth of the cholorobenzene industry in APAC. The vast base of end-user industries such as pharmaceuticals, dyes & pigments, pesticide and other organic chemicals is one of the significant factors driving the chlorobenzene market. The pharmaceutical industry in the APAC region, especially in India is one of the major factors driving the chlorobenzene market in the region. India is the third largest producer of pharmaceuticals across the globe and has the maximum number of FDA approved plants outside of the United States. According to the Government of India, the Indian pharmaceuticals industry holds a significant position globally and is projected to achieve a market valuation of $65 billion by 2024, surging to $130 billion by 2030. This will majorly impact the cholorobenzene market in the region.

Chlorobenzene Market Drivers

• Increase in the demand from textile industry

The increase in demand for cholorobenzene in textile industry for the production of dyes and pigments is highly driving the cholorobenzene market. Cholorobenzene is used in the manufacture of dyes, inks, paint removers and pigments used in the fibre of the textile clothing. The growing textile industry across the globe is majorly impacting the growth of the cholorobenzene market in a positive way. For an instance, according to the Government of India in FY 2021–2022, India's textile and apparel (T&A) exports, which include handicrafts, reached a record-breaking $44.4 billion. The Indian textile and apparel market is projected to be worth $165 billion by 2022, with the domestic market accounting for $125 billion and exports for the remaining $40 billion. This will drive the cholorobenzene market. 

• Increasing application in the Rubber Industry

The increasing demand for cholorobenzene from the rubber industry is one of the significant factors driving the cholorobenzene market. Cholorobenzene is used in chemicals for manufacturing diphenyl oxide and nitrochlorobenzene, which has wide applications in the production of rubber, polymers, resins and others. According to Ministry of Commerce and Industry, the production of rubber rose from 775,000 tonnes in 2021–2022 to 839,000 tonnes in 2022–2023. Concurrently, the amount consumed rose from 1,238,000 tonnes in 2021–2022 to 1,350,000 tonnes in 2022–2023. The increase in the consumption and production of rubber is highly driving the cholorobenzene market, as cholorobenzene is used in the production of rubber and related products.
Chlorobenzene Market Challenges

• Health related Issues from the Usage of Cholorobenzene

The detrimental effects associated with the usage of cholorobenzene such as hyperesthesia, muscle spasms, numbness and cyanosis. According to Environmental Protection Agency of the US government, cholorobenzene has both acute and chronic effects on human. Exposure to cholorobenzene causes side effects such as headaches and irritations. Chronic exposure of cholorobenzene in human is dangerous and detrimental to human health. This is one of the major challenges faced by the cholorobenzene market.

Chlorobenzene Market Industry Outlook

Facility expansion, production expansion, collaborations, partnerships, investments, acquisitions and mergers are some of the key strategies adopted by players in the Chlorobenzene Market. Major players in the Chlorobenzene Market are

1. Beckmann-Kenko GmbH
2. Lanxess
3. China Petrochemical Corporation
4. J&K Scientific Ltd
5. Kureha Corporation 
6. BLD Pharmatech Co., Limited
7. FUJIFILM Wako Pure Chemical Corporation
8. Biosynth
9. Procurenet Limited
10. Ningbo Gino Chemical Co., Ltd. among others.

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