2-Methylpyridine Market Size to Surpass USD 6.02 million with Growing CAGR of 5.4% by 2029 | Vertellus, Koei Chemical, Henan Huayin Chemical, DSM

PRESS RELEASE
Published April 19, 2023

2-Methylpyridine

2-MethylpyridineThe careful efforts of professional forecasters, skilled analysts, and intelligent researchers have resulted in the creation of the 2-Methylpyridine Market research study. Companies can better understand the different types of consumers, consumer demands and preferences, perspectives on the product, purchasing intentions, reactions to individual products that are already on the market. Thanks to the detailed and current information provided in this report. By dealing with a wide range of market analyses, product definition, market segmentation, important developments, and the current vendor landscape through 2029, the 2-Methylpyridine Market Report offers a complete overview of the market.

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Market Overview (2023-2029):

Historical Market Size (2022): USD 4.16 million in 2022

Forecast CAGR (2023-2029):  5.4%

Forecast Market Size (2029): USD 6.02 million by 2029

Also, the vendor landscape and competitive scenarios of the 2-Methylpyridine market are broadly analysed to help market players gain competitive advantage over their competitors. Readers are provided with detailed analysis of important competitive trends of the 2-Methylpyridine market. Market players can use the analysis to prepare themselves for any future challenges well in advance. They will also be able to identify opportunities to attain a position of strength in the 2-Methylpyridine market. Furthermore, the analysis will help them to effectively channelize their strategies, strengths, and resources to gain maximum advantage in the market.

Industry News:

  • January 31, 2022 – Vertellus, a manufacturer of specialty materials for various personal care, performance coatings, polymer additives, healthcare and food & beverage markets, today announced it has acquired Polyscope Polymers B.V. (“Polyscope”), a global leader in specialty additives for coatings, electronics applications and engineering polymers.

Market Dynamics

  • The major factor driving the growth of the market is the increasing demand for picoline in industries such as agrochemicals, pharmaceuticals, electronics, etc.

2 Methylpyridine is a heterocyclic organic compound that has a similar chemical structure to pyridine. One of the most common applications for this chemical is in pharmaceuticals, dyes, and rubber chemicals. It’s also in agricultural chemicals, plastics, and resins. 2-methylpyridine is found in a variety of agrochemicals and pesticides, including fungicides, insecticides, and herbicides. 2-methylpyridine is used in the textile industry for dyeing as well as dye removal. As they are used in various drugs such as Lomustine, Docetaxel, and Vinblastine, the growing demand for pharmaceuticals from cancer patients provides lucrative opportunities for global market manufacturers.

  • Stringent government regulations toward the use of pyridine and health hazards associated with pyridine toxicity are anticipated to restrict the growth of the market.

Acute (short-term) health effects may occur immediately or shortly after exposure to Pyridine. Contact can irritate and burn the skin and eyes, breathing 2-methylpyridine can irritate the nose and throat causing coughing and wheezing. It can cause nausea, vomiting, diarrhea, abdominal pain, headache, fatigue, dizziness lightheadedness, confusion, and even coma and death. Some chronic (long-term) health effects can occur that can last for months or years such as cancer hazard, reproductive hazard

Competitive Assessment:

The main research methodology applied here by the research team is data triangulation, which includes data mining, analysis of the impact of data variables on the market, and primary (industry experts) validation. This report helps to gather information about all the above factors by providing actionable market insights and comprehensive analysis. The 2-Methylpyridine market report mainly focuses on important aspects of the market which include historical data, current market trends, environment, technological innovations, upcoming technologies, and technological advancement in the industry among others.

Leading market players in the 2-Methylpyridine market is focusing on strategies such as expansion, new product launches, and acquisitions to gain large market share and enhance their global presence in the target market. Some Key Competitors of the 2-Methylpyridine market is Vertellus, Koei Chemical, Henan Huayin Chemical, Changzhou Jintan Hengxin Chemical, Shandong Luba Chemical, DSM, LONSA, Shandong Shida Shenghua Chemcial and others.

2-Methylpyridine Market Segmentation:

Global 2-Methylpyridine Market By Type, 2023-2029 (IN USD Million, Kilotons)

  • Purity 99%
  • Purity 98%
  • Others

Global 2-Methylpyridine Market By Application, 2023-2029 (IN USD Million, Kilotons)

  • Pharmaceuticals
  • Agrichemicals
  • Dye Intermediates

Regions included in the report 2-Methylpyridine Market:

  • North America (U.S., Canada, Mexico)
  • Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
  • South America (Colombia, Brazil, Argentina, Rest of South America)
  • Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Read Detailed Index of Full Research Study @

https://exactitudeconsultancy.com/reports/3560/2-methylpyridine-market/?mode=P166

Highlight the Following Key Factors:

  • Business description: a detailed description of company operations and business departments.
  • Company strategy: The analyst’s summary of the company’s business strategy.
  • SWOT analysis: Detailed analysis of the company’s strengths, weaknesses, opportunities, and threats.
  • Company History: The progress of major events related to the company.
  • Main products and services: A list of the company’s main products, services, and brands.
  • Main competitors: A list of the company’s main competitors.
  • Important locations and subsidiaries: The company’s main locations and subsidiaries’ list and contact information.
  • Detailed financial ratios of the past five years: The latest financial ratios come from the annual financial statements issued by companies with a history of five years.

What this report provides?

▶ GTM (Go-to-Market) strategy

▶ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer)

▶ Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, QMI quadrant, and other significant analysis, as well as development status

▶ Recent market developments and it’s futuristic growth opportunities

▶ Customized regional/country reports as per request

Why Choose Exactitude Consultancy?

Reliable Method: To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support: For complete satisfaction of our customers

Targeted Market View: Targeted market view to provide pertinent information and save time of readers

Agile Approach: A faster and efficient way to cater to the needs with continuous iteration

Customization: On-demand customization of scope of the report to exactly meet your needs

Key Points from TOC:

  1. Introduction
    • Research Scope
    • Market Segmentation
    • Research Methodology
    • Definitions and Assumptions
  2. Executive Summary
  3. 2-Methylpyridine Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
  4. Key Insights
    • Global Statistics — Key Countries
    • New Product Launches
    • Pipeline Analysis
    • Regulatory Scenario — Key Countries
    • Recent Industry Developments — Partnerships, Mergers and Acquisitions
  5. Global Market Analysis, Insights and Forecast
  6. Key Findings/ Summary
    • 2-Methylpyridine Market Analysis — By Product Type
    • Market Analysis — By Distribution Channel
    • Market Analysis — By Countries/Sub-regions
  7. Competitive Analysis
    • Key Industry Developments
    • Global 2-Methylpyridine Market Share Analysis
    • Competition Dashboard
    • Comparative Analysis — Major Players
  8. Company Profiles
    • Overview
    • Products and Services
    • SWOT Analysis
    • Recent developments
    • Major Investments
    • Regional Market Size and Demand
  9. Strategic Recommendations

TOC Continued……………….

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