Phenylmagnesium bromide, a Grignard reagent, is produced using bromobenzene, which is extensively utilised in the process. The reagent serves as an intermediary in the production of numerous organic compounds, including triphenylmethanol, benzoic acid, and others. The manufacture of other organic compounds like para-bromo nitrobenzene and bifenthrin alcohol uses bromobenzene as well. Over the projection period, rising demand for organic compounds is anticipated to fuel bromobenzene demand. The rise of end-use sectors like agrochemicals, medicines, food & beverages, and cosmetics is anticipated to be fueled by rising urbanisation and a growing global population. As a result, the market for bromobenzene is expanding. For instance, the Global Urbanization Prospects 2018 report from the United Nations estimates that by 2050, an additional 2.5 billion people will live in urban areas worldwide, with about 70% of this growth occurring in Asia. The expanding agrochemicals industry in the region is likely to increase the demand for bromobenzene during the forecast period.
According to Coherent Market Insights, in 2020, the market for Bromobenzene was worth US$ 57.6 Mn. By 2028, it is anticipated to have grown by 5.4% CAGR, reaching US$ 96.2 Mn (2021-2028).
Leading Companies in the Bromobenzene Industry :
1. Hawks Chemical Company
The company was established in 1984 and has its head office in Spring Hill, Florida, United States. The company is a full-line chemical supplier that offers processing chemicals, food and pharmaceutical additives, and chemical raw materials. The business provides sourcing knowledge and distribution of fine and specialty chemicals.
2. Heranba Industries Ltd.
The company was established in 1992 and has its head office in India. It offers agricultural chemicals. The company sells goods for plant growth, technicals, insecticides, herbicides, fungicides, and public health. Heranba Industries receives environmental approval in 2021 for their expansion plan worth Rs 110 crore.
3. Jiangsu Dacheng Pharmaceutical and Chemical Co., Ltd.
The business was established in 2000 with its headquarters in china. The production of chemical preparations is a part of the company's activity. The business deals in the distribution and sale of pharmaceuticals and insecticides. It is an expert in brominated hydrocarbon research, development, and production.
4. Luyunjia Chemistry Xiamen Limited
The company was founded in 2016 and has its headquarters in China. It is a high-tech corporation with a focus on pharmaceutical intermediates, UV absorbers, photoinitiator monomers and oligomers, and pharmaceutical R&D and manufacturing and has a high energy researching team, services to world-wide famous enterprise.
5. Merck KGaA
The business was founded in 1668 and is based in Darmstadt, Germany. The corporation is divided into the healthcare, life sciences, and electronics industries. Merck announced in February 2020 that it would be selling its Allergopharma division to Dermapharm for an undisclosed sum. EMD Serono, the US and Canadian businesses of the Merck Group, announced in December 2021 that it would purchase the Swiss company Chord Therapeutics and its top product, cladribine.
6. Mody Chemi-Pharma Limited
Its main office is in Mumbai, Maharashtra, where it was established in 2002. A large variety of organic and inorganic compounds are produced and exported by the company, which is well-known in India. One of the major producers and exporters of a wide range of bromine and brominated compounds is Mody Chemi-Pharma Ltd.
7. RX Marine International
The business was established in 1996 and is headquartered in Mumbai. Prescription medications, brand-name drugs, and toiletries are among the products that the company wholesales. The business is a manufacturer and distributor with a focus on offering unique solutions.
8. Yancheng Longsheng Chemical Co., Ltd.
The business was established in 1991 and is headquartered in China. The business is a privately held chemical technology corporation with operations, production, and scientific research. The business carries out R&D and is a high-tech private enterprise.
Definition: In particular, bromobenzene is employed to create the synthetic intermediate phenyl magnesium bromide in organic synthesis (a Grignard reagent). Moreover, motor oil additives and crystallising solvents both use bromobenzene.
