PYRIDINE AND PYRIDINE DERIVATIVE MARKET ANALYSIS
Rising application in the pharmaceutical industry is the major driver for the market. Increase in chemical consumption in agrochemicals, urbanization, and increasing demand for vitamin B3 are the main drivers for the pyridine and pyridine derivatives market. The constantly changing prices and supply demand gap of pyridine and its derivatives are the challenges faced by the pyridine and pyridine derivative market. The ban on pyridine in 36 countries including China and government regulations on the usage of agrochemicals restrains the growth of pyridine and pyridine derivative market.
Restraints
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