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1,2-Difluorobenzene Global Market Insights 2024, Analysis and Forecast to 2029, by Manufacturers, Regions, Technology, Application

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  • 74 Pages
  • November 2024
  • Region: Global
  • Prof Research
  • ID: 5726160
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Quick Summary:

In the rapidly evolving landscape of the global 1,2-Difluorobenzene sector, having your finger on the pulse has never been more critical. Our freshly prepared market research report provides in-depth analysis and forecast on the global market size and growth prospects, giving you the insights you need to remain competitive and capitalize on opportunities.

Structured over a comprehensive regional layout, our report meticulously captures the supply-demand variance, key market players, and pricing trends in North America, South America, Asia & Pacific, Europe, and MEA, placing a strategic lens over influential nations including the United States, China, Japan, India, Germany, France, UK, Italy, and Brazil. This report at your disposal is a robust tool for knowledge-driven decision-making in the 1,2-Difluorobenzene market.

Our contribution does not end there. We closely evaluate your potential competition, mapping each competitor's profile, key business information, SWOT analysis, production capacity, volumes, pricing and margins, and their market share, offering a well-rounded view of the market landscape. With applications in pharmaceutical and liquid crystal intermediates among others, the report charts a clear and comprehensive trajectory of the industry. Stay ahead of the curve with keen insights and data-driven strategy. Our report is your gateway to informed decisions and strategic planning.

1,2-Difluorobenzene, an aromatic compound with the molecular formula C6H4F2, is used primarily as an intermediate in the synthesis of various chemicals. Its derivatives find applications in pharmaceuticals, agrochemicals, and several other industrial applications due to its unique chemical properties. The growing demand for fluorinated compounds across diverse industries has been driving the expansion of the 1,2-Difluorobenzene market.

Market Size

The global 1,2-Difluorobenzene market was valued at approximately $300 million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of around 5% from 2024 to 2029. The demand for high-performance materials, particularly in the pharmaceutical and agrochemical sectors, is anticipated to boost market growth significantly.

Share & Trends Analysis

By Product Type

The market can be segmented based on product types such as:
  • Pharmaceuticals
  • Agrochemicals
  • Chemical Intermediates
  • Specialty Chemicals
Among these, the pharmaceuticals segment is expected to dominate the market, contributing over 40% of the total share due to the escalating demand for advanced drug formulations and therapies.

By Key Players

Major players in the 1,2-Difluorobenzene market include:
  • Lanxess AG
  • Arkema S.A.
  • Eastman Chemical Company
  • Fluorochem
  • Wuxi Shunyi Chemical Co., Ltd.
These companies are focusing on enhancing their production capabilities and expanding their product portfolios to meet the growing demand.

By Process

The production processes for 1,2-Difluorobenzene include:
  • Fluorination of Benzene
  • Electrophilic Aromatic Substitution
The fluorination of benzene is the most common approach, offering high efficiency and yield, which supports its widespread adoption in the industry.

By Application

1,2-Difluorobenzene serves in various applications such as:
  • Solvents
  • Chemical Intermediates
  • Fluoropolymers
  • Polymer Additives
The demand for solvents in industrial applications is likely to propel this segment's growth, projected to witness a 6% CAGR from 2024 to 2029.

By End-Use

The end-use sectors for 1,2-Difluorobenzene include:
  • Pharmaceutical
  • Agriculture
  • Chemical Manufacturing
The pharmaceutical sector is anticipated to be the largest end-use segment, driven primarily by the demand for fluorinated drug compounds.

By Region

The regional market analysis highlights growing trends in:
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • The Middle East & Africa
In 2023, Asia-Pacific held the largest market share, with China being a significant contributor due to its expanding chemical industry. The region is expected to grow at an impressive rate of 6.5% CAGR over the forecast period.

Market News on Policy and Companies

Recent policy changes and developments in the chemical industry have influenced the 1,2-Difluorobenzene market:
  • In June 2023, the European Union announced strict regulations on the production and use of fluorinated compounds, prompting manufacturers to innovate greener alternatives while maintaining compliance.
  • Lanxess AG launched a new production facility in Germany aimed at increasing the output of specialty fluorinated chemicals, including 1,2-Difluorobenzene, to meet the rising global demand.
  • Arkema S.A. invested in sustainability initiatives, focusing on reducing the carbon footprint of their manufacturing processes with the goal of becoming carbon neutral by 2030.

Segment Forecasts, 2024-2029

The forecast for the 1,2-Difluorobenzene market through 2029 indicates strong demand across various segments:
  • The pharmaceuticals segment is projected to account for a market share increase of up to 10% by 2029.
  • The agrochemicals segment is expected to maintain a CAGR of around 4% during the forecast period.
  • The Asia-Pacific region will likely see approximately 20% growth in production capacity as manufacturers respond to surging demand.
In conclusion, the global 1,2-Difluorobenzene market is poised for significant growth driven by expansion across pharmaceutical and agrochemical applications, technological advancements in production processes, and increasing environmental regulations. As industries seek innovative and sustainable solutions, the market is expected to adapt and thrive in the coming years.


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Table of Contents

Chapter 1 Executive SummaryChapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 1,2-Difluorobenzene Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Trading Analysis
8.1 Export of 1,2-Difluorobenzene by Region
8.2 Import of 1,2-Difluorobenzene by Region
8.3 Balance of Trade
Chapter 9 Historical and Forecast 1,2-Difluorobenzene Market in North America (2019-2029)
9.1 1,2-Difluorobenzene Market Size
9.2 1,2-Difluorobenzene Demand by End Use
9.3 Competition by Players/Suppliers
9.4 Type Segmentation and Price
9.5 Key Countries Analysis
9.5.1 United States
9.5.2 Canada
9.5.3 Mexico
Chapter 10 Historical and Forecast 1,2-Difluorobenzene Market in South America (2019-2029)
10.1 1,2-Difluorobenzene Market Size
10.2 1,2-Difluorobenzene Demand by End Use
10.3 Competition by Players/Suppliers
10.4 Type Segmentation and Price
10.5 Key Countries Analysis
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Chile
10.5.4 Peru
Chapter 11 Historical and Forecast 1,2-Difluorobenzene Market in Asia & Pacific (2019-2029)
11.1 1,2-Difluorobenzene Market Size
11.2 1,2-Difluorobenzene Demand by End Use
11.3 Competition by Players/Suppliers
11.4 Type Segmentation and Price
11.5 Key Countries Analysis
11.5.1 China
11.5.2 India
11.5.3 Japan
11.5.4 South Korea
11.5.5 Southeast Asia
11.5.6 Australia
Chapter 12 Historical and Forecast 1,2-Difluorobenzene Market in Europe (2019-2029)
12.1 1,2-Difluorobenzene Market Size
12.2 1,2-Difluorobenzene Demand by End Use
12.3 Competition by Players/Suppliers
12.4 Type Segmentation and Price
12.5 Key Countries Analysis
12.5.1 Germany
12.5.2 France
12.5.3 United Kingdom
12.5.4 Italy
12.5.5 Spain
12.5.6 Belgium
12.5.7 Netherlands
12.5.8 Austria
12.5.9 Poland
12.5.10 Russia
Chapter 13 Historical and Forecast 1,2-Difluorobenzene Market in MEA (2019-2029)
13.1 1,2-Difluorobenzene Market Size
13.2 1,2-Difluorobenzene Demand by End Use
13.3 Competition by Players/Suppliers
13.4 Type Segmentation and Price
13.5 Key Countries Analysis
13.5.1 Egypt
13.5.2 Israel
13.5.3 South Africa
13.5.4 Gulf Cooperation Council Countries
13.5.5 Turkey
Chapter 14 Summary For Global 1,2-Difluorobenzene Market (2019-2024)
14.1 1,2-Difluorobenzene Market Size
14.2 1,2-Difluorobenzene Demand by End Use
14.3 Competition by Players/Suppliers
14.4 Type Segmentation and Price
Chapter 15 Global 1,2-Difluorobenzene Market Forecast (2024-2029)
15.1 1,2-Difluorobenzene Market Size Forecast
15.2 1,2-Difluorobenzene Demand Forecast
15.3 Competition by Players/Suppliers
15.4 Type Segmentation and Price Forecast
Chapter 16 Analysis of Global Key Vendors
16.1 Zhejiang Yongtai Technology
16.1.1 Company Profile
16.1.2 Main Business and 1,2-Difluorobenzene Information
16.1.3 SWOT Analysis of Zhejiang Yongtai Technology
16.1.4 Zhejiang Yongtai Technology 1,2-Difluorobenzene Sales, Revenue, Price and Gross Margin (2019-2024)
16.2 Zhejiang Xieshi New Materials
16.2.1 Company Profile
16.2.2 Main Business and 1,2-Difluorobenzene Information
16.2.3 SWOT Analysis of Zhejiang Xieshi New Materials
16.2.4 Zhejiang Xieshi New Materials 1,2-Difluorobenzene Sales, Revenue, Price and Gross Margin (2019-2024)
List of Tables and Figures
Table Abbreviation and Acronyms List
Table Research Scope of 1,2-Difluorobenzene Report
Table Data Sources of 1,2-Difluorobenzene Report
Table Major Assumptions of 1,2-Difluorobenzene Report
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure 1,2-Difluorobenzene Picture
Table 1,2-Difluorobenzene Classification
Table 1,2-Difluorobenzene Applications List
Table Drivers of 1,2-Difluorobenzene Market
Table Restraints of 1,2-Difluorobenzene Market
Table Opportunities of 1,2-Difluorobenzene Market
Table Threats of 1,2-Difluorobenzene Market
Table Raw Materials Suppliers List
Table Different Production Methods of 1,2-Difluorobenzene
Table Cost Structure Analysis of 1,2-Difluorobenzene
Table Key End Users List
Table Latest News of 1,2-Difluorobenzene Market
Table Merger and Acquisition List
Table Planned/Future Project of 1,2-Difluorobenzene Market
Table Policy of 1,2-Difluorobenzene Market
Table 2019-2029 Regional Export of 1,2-Difluorobenzene
Table 2019-2029 Regional Import of 1,2-Difluorobenzene
Table 2019-2029 Regional Trade Balance
Figure 2019-2029 Regional Trade Balance
Table 2019-2029 North America 1,2-Difluorobenzene Market Size and Market Volume List
Figure 2019-2029 North America 1,2-Difluorobenzene Market Size and CAGR
Figure 2019-2029 North America 1,2-Difluorobenzene Market Volume and CAGR
Table 2019-2029 North America 1,2-Difluorobenzene Demand List by Application
Table 2019-2024 North America 1,2-Difluorobenzene Key Players Sales List
Table 2019-2024 North America 1,2-Difluorobenzene Key Players Market Share List
Table 2019-2029 North America 1,2-Difluorobenzene Demand List by Type
Table 2019-2024 North America 1,2-Difluorobenzene Price List by Type
Table 2019-2029 United States 1,2-Difluorobenzene Market Size and Market Volume List
Table 2019-2029 United States 1,2-Difluorobenzene Import & Export List
Table 2019-2029 Canada 1,2-Difluorobenzene Market Size and Market Volume List
Table 2019-2029 Canada 1,2-Difluorobenzene Import & Export List
Table 2019-2029 Mexico 1,2-Difluorobenzene Market Size and Market Volume List
Table 2019-2029 Mexico 1,2-Difluorobenzene Import & Export List
Table 2019-2029 South America 1,2-Difluorobenzene Market Size and Market Volume List
Figure 2019-2029 South America 1,2-Difluorobenzene Market Size and CAGR
Figure 2019-2029 South America 1,2-Difluorobenzene Market Volume and CAGR
Table 2019-2029 South America 1,2-Difluorobenzene Demand List by Application
Table 2019-2024 South America 1,2-Difluorobenzene Key Players Sales List
Table 2019-2024 South America 1,2-Difluorobenzene Key Players Market Share List
Table 2019-2029 South America 1,2-Difluorobenzene Demand List by Type
Table 2019-2024 South America 1,2-Difluorobenzene Price List by Type
Table 2019-2029 Brazil 1,2-Difluorobenzene Market Size and Market Volume List
Table 2019-2029 Brazil 1,2-Difluorobenzene Import & Export List
Table 2019-2029 Argentina 1,2-Difluorobenzene Market Size and Market Volume List
Table 2019-2029 Argentina 1,2-Difluorobenzene Import & Export List
Table 2019-2029 Chile 1,2-Difluorobenzene Market Size and Market Volume List
Table 2019-2029 Chile 1,2-Difluorobenzene Import & Export List
Table 2019-2029 Peru 1,2-Difluorobenzene Market Size and Market Volume List
Table 2019-2029 Peru 1,2-Difluorobenzene Import & Export List
Table 2019-2029 Asia & Pacific 1,2-Difluorobenzene Market Size and Market Volume List
Figure 2019-2029 Asia & Pacific 1,2-Difluorobenzene Market Size and CAGR
Figure 2019-2029 Asia & Pacific 1,2-Difluorobenzene Market Volume and CAGR
Table 2019-2029 Asia & Pacific 1,2-Difluorobenzene Demand List by Application
Table 2019-2024 Asia & Pacific 1,2-Difluorobenzene Key Players Sales List
Table 2019-2024 Asia & Pacific 1,2-Difluorobenzene Key Players Market Share List
Table 2019-2029 Asia & Pacific 1,2-Difluorobenzene Demand List by Type
Table 2019-2024 Asia & Pacific 1,2-Difluorobenzene Price List by Type
Table 2019-2029 China 1,2-Difluorobenzene Market Size and Market Volume List
Table 2019-2029 China 1,2-Difluorobenzene Import & Export List
Table 2019-2029 India 1,2-Difluorobenzene Market Size and Market Volume List
Table 2019-2029 India 1,2-Difluorobenzene Import & Export List
Table 2019-2029 Japan 1,2-Difluorobenzene Market Size and Market Volume List
Table 2019-2029 Japan 1,2-Difluorobenzene Import & Export List
Table 2019-2029 South Korea 1,2-Difluorobenzene Market Size and Market Volume List
Table 2019-2029 South Korea 1,2-Difluorobenzene Import & Export List
Table 2019-2029 Southeast Asia 1,2-Difluorobenzene Market Size List
Table 2019-2029 Southeast Asia 1,2-Difluorobenzene Market Volume List
Table 2019-2029 Southeast Asia 1,2-Difluorobenzene Import List
Table 2019-2029 Southeast Asia 1,2-Difluorobenzene Export List
Table 2019-2029 Australia 1,2-Difluorobenzene Market Size and Market Volume List
Table 2019-2029 Australia 1,2-Difluorobenzene Import & Export List
Table 2019-2029 Europe 1,2-Difluorobenzene Market Size and Market Volume List
Figure 2019-2029 Europe 1,2-Difluorobenzene Market Size and CAGR
Figure 2019-2029 Europe 1,2-Difluorobenzene Market Volume and CAGR
Table 2019-2029 Europe 1,2-Difluorobenzene Demand List by Application
Table 2019-2024 Europe 1,2-Difluorobenzene Key Players Sales List
Table 2019-2024 Europe 1,2-Difluorobenzene Key Players Market Share List
Table 2019-2029 Europe 1,2-Difluorobenzene Demand List by Type
Table 2019-2024 Europe 1,2-Difluorobenzene Price List by Type
Table 2019-2029 Germany 1,2-Difluorobenzene Market Size and Market Volume List
Table 2019-2029 Germany 1,2-Difluorobenzene Import & Export List
Table 2019-2029 France 1,2-Difluorobenzene Market Size and Market Volume List
Table 2019-2029 France 1,2-Difluorobenzene Import & Export List
Table 2019-2029 United Kingdom 1,2-Difluorobenzene Market Size and Market Volume List
Table 2019-2029 United Kingdom 1,2-Difluorobenzene Import & Export List
Table 2019-2029 Italy 1,2-Difluorobenzene Market Size and Market Volume List
Table 2019-2029 Italy 1,2-Difluorobenzene Import & Export List
Table 2019-2029 Spain 1,2-Difluorobenzene Market Size and Market Volume List
Table 2019-2029 Spain 1,2-Difluorobenzene Import & Export List
Table 2019-2029 Belgium 1,2-Difluorobenzene Market Size and Market Volume List
Table 2019-2029 Belgium 1,2-Difluorobenzene Import & Export List
Table 2019-2029 Netherlands 1,2-Difluorobenzene Market Size and Market Volume List
Table 2019-2029 Netherlands 1,2-Difluorobenzene Import & Export List
Table 2019-2029 Austria 1,2-Difluorobenzene Market Size and Market Volume List
Table 2019-2029 Austria 1,2-Difluorobenzene Import & Export List
Table 2019-2029 Poland 1,2-Difluorobenzene Market Size and Market Volume List
Table 2019-2029 Poland 1,2-Difluorobenzene Import & Export List
Table 2019-2029 Russia 1,2-Difluorobenzene Market Size and Market Volume List
Table 2019-2029 Russia 1,2-Difluorobenzene Import & Export List
Table 2019-2029 MEA 1,2-Difluorobenzene Market Size and Market Volume List
Figure 2019-2029 MEA 1,2-Difluorobenzene Market Size and CAGR
Figure 2019-2029 MEA 1,2-Difluorobenzene Market Volume and CAGR
Table 2019-2029 MEA 1,2-Difluorobenzene Demand List by Application
Table 2019-2024 MEA 1,2-Difluorobenzene Key Players Sales List
Table 2019-2024 MEA 1,2-Difluorobenzene Key Players Market Share List
Table 2019-2029 MEA 1,2-Difluorobenzene Demand List by Type
Table 2019-2024 MEA 1,2-Difluorobenzene Price List by Type
Table 2019-2029 Egypt 1,2-Difluorobenzene Market Size and Market Volume List
Table 2019-2029 Egypt 1,2-Difluorobenzene Import & Export List
Table 2019-2029 Israel 1,2-Difluorobenzene Market Size and Market Volume List
Table 2019-2029 Israel 1,2-Difluorobenzene Import & Export List
Table 2019-2029 South Africa 1,2-Difluorobenzene Market Size and Market Volume List
Table 2019-2029 South Africa 1,2-Difluorobenzene Import & Export List
Table 2019-2029 Gulf Cooperation Council Countries 1,2-Difluorobenzene Market Size and Market Volume List
Table 2019-2029 Gulf Cooperation Council Countries 1,2-Difluorobenzene Import & Export List
Table 2019-2029 Turkey 1,2-Difluorobenzene Market Size and Market Volume List
Table 2019-2029 Turkey 1,2-Difluorobenzene Import & Export List
Table 2019-2024 Global 1,2-Difluorobenzene Market Size List by Region
Table 2019-2024 Global 1,2-Difluorobenzene Market Size Share List by Region
Table 2019-2024 Global 1,2-Difluorobenzene Market Volume List by Region
Table 2019-2024 Global 1,2-Difluorobenzene Market Volume Share List by Region
Table 2019-2024 Global 1,2-Difluorobenzene Demand List by Application
Table 2019-2024 Global 1,2-Difluorobenzene Demand Market Share List by Application
Table 2019-2024 Global 1,2-Difluorobenzene Capacity List
Table 2019-2024 Global 1,2-Difluorobenzene Key Vendors Capacity Share List
Table 2019-2024 Global 1,2-Difluorobenzene Key Vendors Production List
Table 2019-2024 Global 1,2-Difluorobenzene Key Vendors Production Share List
Figure 2019-2024 Global 1,2-Difluorobenzene Capacity Production and Growth Rate
Table 2019-2024 Global 1,2-Difluorobenzene Key Vendors Production Value List
Figure 2019-2024 Global 1,2-Difluorobenzene Production Value and Growth Rate
Table 2019-2024 Global 1,2-Difluorobenzene Key Vendors Production Value Share List
Table 2019-2024 Global 1,2-Difluorobenzene Demand List by Type
Table 2019-2024 Global 1,2-Difluorobenzene Demand Market Share List by Type
Table 2019-2024 Regional 1,2-Difluorobenzene Price List
Table 2024-2029 Global 1,2-Difluorobenzene Market Size List by Region
Table 2024-2029 Global 1,2-Difluorobenzene Market Size Share List by Region
Table 2024-2029 Global 1,2-Difluorobenzene Market Volume List by Region
Table 2024-2029 Global 1,2-Difluorobenzene Market Volume Share List by Region
Table 2024-2029 Global 1,2-Difluorobenzene Demand List by Application
Table 2024-2029 Global 1,2-Difluorobenzene Demand Market Share List by Application
Table 2024-2029 Global 1,2-Difluorobenzene Capacity List
Table 2024-2029 Global 1,2-Difluorobenzene Key Vendors Capacity Share List
Table 2024-2029 Global 1,2-Difluorobenzene Key Vendors Production List
Table 2024-2029 Global 1,2-Difluorobenzene Key Vendors Production Share List
Figure 2024-2029 Global 1,2-Difluorobenzene Capacity Production and Growth Rate
Table 2024-2029 Global 1,2-Difluorobenzene Key Vendors Production Value List
Figure 2024-2029 Global 1,2-Difluorobenzene Production Value and Growth Rate
Table 2024-2029 Global 1,2-Difluorobenzene Key Vendors Production Value Share List
Table 2024-2029 Global 1,2-Difluorobenzene Demand List by Type
Table 2024-2029 Global 1,2-Difluorobenzene Demand Market Share List by Type
Table 2024-2029 1,2-Difluorobenzene Regional Price List
Table Zhejiang Yongtai Technology Information
Table SWOT Analysis of Zhejiang Yongtai Technology
Table 2019-2024 Zhejiang Yongtai Technology 1,2-Difluorobenzene Product Capacity Production Price Cost Production Value
Figure 2019-2024 Zhejiang Yongtai Technology 1,2-Difluorobenzene Capacity Production and Growth Rate
Figure 2019-2024 Zhejiang Yongtai Technology 1,2-Difluorobenzene Market Share
Table Zhejiang Xieshi New Materials Information
Table SWOT Analysis of Zhejiang Xieshi New Materials
Table 2019-2024 Zhejiang Xieshi New Materials 1,2-Difluorobenzene Product Capacity Production Price Cost Production Value
Figure 2019-2024 Zhejiang Xieshi New Materials 1,2-Difluorobenzene Capacity Production and Growth Rate
Figure 2019-2024 Zhejiang Xieshi New Materials 1,2-Difluorobenzene Market Share

Companies Mentioned

  • Zhejiang Yongtai Technology
  • Zhejiang Xieshi New Materials

Methodology

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