세계의 니트로벤젠 시장 평가 : 용도별, 최종 이용 산업별, 지역별, 기회 및 예측(2018-2032년)

Nitrobenzene market is projected to witness a CAGR of 4.89% during the forecast period 2025-2032, growing from USD 12.03 billion in 2024 to USD 17.63 billion in 2032, due to increased demand from chemical intermediates and industries such as construction and automotive, along with the growing agriculture sector. The market for nitrobenzene is expected to experience a significant rise during the forecast period, primarily attributed to its crucial role in the production of aniline, which is widely used as a precursor for numerous industries.

The growing chemical industry, especially the demand for aniline, significantly drives the global nitrobenzene market. Aniline is primarily produced from nitrobenzene and serves as an important intermediate in the production of methylene diphenyl diisocyanate (MDI). MDI is commonly used in the production of polyurethane foams, elastomers, and coatings, which find broad applications in the construction, automotive, and numerous other manufacturing industries.

Additionally, the rising use of agrochemicals, such as herbicides and fungicides that use nitrobenzene and its derivatives, adds to market growth. The increasing global demand for food, spurred by a growing population, is likely to keep boosting the need for agrochemicals and, in turn, raise nitrobenzene consumption.

For instance, in 2024, according to the International Organization of Motor Vehicle Manufacturers, the global production of all vehicles, including passenger cars and commercial vehicles, reached approximately 92.50 million units. Since nitrobenzene is primarily used in the production of aniline, which is further processed into MDI for polyurethane foams and coatings widely applied in automotive interiors, seating, insulation, and protective parts, rising vehicle production is expected to drive the demand for nitrobenzene worldwide significantly.

Rising Demand from Aniline Production Drive the Growth the Global Nitrobenzene Market

The strong and ongoing demand from aniline production significantly drives the global nitrobenzene market. Aniline is a key chemical intermediate, with most of the world's nitrobenzene being used to make it through catalytic hydrogenation. Aniline is essential for various industrial applications, especially in making methylene diphenyl diisocyanate (MDI), an important component in polyurethanes. These polyurethanes are vital to the automotive industry for manufacturing different parts, the construction sector for insulation and adhesives, and the footwear industry. The rising demand for these end products is directly linked to the increasing production of aniline, which keeps the demand for nitrobenzene strong. Aniline further serves as a key raw material in the production of rubber processing chemicals, dyes, pigments, and pharmaceuticals, thus further solidifying its role as the leading nitrobenzene application in the global market.

For instance, as per BASF SE's 2024 Management Report, BASF SE has enhanced its presence across the isocyanate value chain, and its site in Geismar, Louisiana, will increase its MDI production capacity from about 380,000 to 600,000 metric tons per year. This will be the company's largest investment in North America. Because MDI is produced from aniline, which in turn is derived from nitrobenzene, this expansion implies a stronger upstream demand for nitrobenzene as a raw material.

Expanding Applications in Agriculture and Pharmaceuticals Drive Market Growth

The global nitrobenzene market is rapidly growing due to its expanding use in agriculture and pharmaceuticals. In the agricultural sector, nitrobenzene and its derivatives play a crucial role in producing diverse agrochemicals, such as fungicides and herbicides. These products help protect crops from pests and diseases while enhancing overall yields. With the growing global population and increasing focus on food security, the demand for effective crop protection solutions is rising, leading to expanded use of nitrobenzene. Simultaneously, the pharmaceutical industry uses nitrobenzene as an intermediate in producing diverse drugs, especially paracetamol. In addition, the continuous increase in the global pharmaceutical industry due to enhanced spending on healthcare and increasing prevalence rates of numerous health disorders contributes significantly towards an increase in nitrobenzene demand. Demand from two major end-use sectors underscores the multipurpose utility of nitrobenzene in modern industrial applications.

Asia-Pacific Dominates the Global Nitrobenzene Market

The Asia-Pacific region is projected to be the dominating region in the global nitrobenzene market throughout the forecast period. This dominance is attributed to several factors, including rapid industrialization, burgeoning demand from key end-use industries such as automotive, construction, and agriculture, as well as the presence of major nitrobenzene and aniline manufacturing facilities in countries like China and India. The region has low labor costs and growing infrastructure. These factors have attracted foreign companies to set up manufacturing plants, which further increases production capacity. The major aniline and MDI (methylene diphenyl diisocyanate) manufacturers are also expanding in the area. This growth helps maintain a strong demand for nitrobenzene. The increasing disposable incomes and industrial development across developing Asian countries are also fueling the demand for various downstream products that utilize nitrobenzene intermediates.

For instance, in June 2025, KBR celebrated the successful start-up of a 200 MTPD nitrobenzene plant for Kutch Chemical Industries in Gujarat, India. The facility utilizes KBR's proprietary Adiabatic Nitration process, combined with their Sulfuric Acid Concentration (SAC) technology, resulting in 10-15% operational cost savings compared to traditional methods. This is the first plant to fully integrate nitration, purification, SAC, and benzene recovery in one layout, delivering improved safety, efficiency, and reliability. The project highlights the continued strong demand for nitrobenzene, driven by its crucial role as a precursor to aniline and MDI in downstream industries.

Future Market Scenario (2025 - 2032F)

The continued expansion of the aniline market, fueled by its wide range of applications in rubber chemicals, polyurethanes, dyes, and pharmaceuticals, will be the main factor driving the growth of nitrobenzene.

Improvements in nitrobenzene production methods, with a focus on efficiency and environmental sustainability, are expected to further enhance manufacturing and lower its environmental impact.

The growing demand from emerging economies, particularly in the Asia-Pacific region, for downstream products requiring nitrobenzene will significantly contribute to market expansion.

The increasing emphasis on sustainable and eco-friendly chemical manufacturing processes might lead to innovations in nitrobenzene synthesis methods.

Key Players Landscape and Outlook

The global nitrobenzene market is characterized by the presence of a few large players that dominate production. These are mainly integrated chemical companies, as nitrobenzene manufacturing is capital-intensive and closely linked to aniline and MDI production. These majors use their large manufacturing capabilities, robust supply chain system, and R&D efforts to hold on to their positions in the market. The outlook for the market projects further consolidation and strategic alliances as the focus shifts towards optimizing the production procedure, increasing efficiency, and further areas for use. The trend towards sustainability and green technology in manufacturing nitrobenzene, as well as its use by companies, reflects growing efforts towards meeting the growing concerns over the environmental implications of its manufacturing and use. The Asia-Pacific is projected to be the largest consumer as well as producer of the chemical due to the ongoing industrial development, as well as a massive consumer pool for the downstream chemicals. Future innovations are expected to focus on improving production processes and reducing costs, with increasing emphasis on developing specialized grades of nitrobenzene for specific applications.

In June 2023, BorsodChem, a subsidiary of China's Wanhua Chemical Group, successfully commissioned a new integrated production unit in Hungary, a project underpinned by strategic government subsidies. This advanced facility is engineered to produce mono-nitrobenzene, aniline, and associated chemicals, thereby significantly enhancing the company's upstream operational capacity. This expansion is a calculated move to strengthen supply chain resilience and achieve greater cost efficiencies throughout its value chain. Positioned in Central Europe, the new site also enhances logistics and proximity to European markets. This development signals a rising confidence in the demand for nitrobenzene-derived chemicals in the region.

Table of Contents

1. Project Scope and Definitions

2. Research Methodology

3. Impact of U.S. Tariffs

4. Executive Summary

5. Voice of Customer

• 5.1. Respondent Demographics
• 5.2. Factors Considered in Purchase Decision
• 5.3. Unmet Needs

6. Global Nitrobenzene Market Outlook, 2018-2032F

• 6.1. Market Size Analysis & Forecast
  • 6.1.1. By Value
  • 6.1.2. By Volume
• 6.2. Market Share Analysis & Forecast
  • 6.2.1. By Application Type
    • 6.2.1.1. Aniline
    • 6.2.1.2. Pesticides
    • 6.2.1.3. Dyes and Pigments
    • 6.2.1.4. Synthetic Rubber
    • 6.2.1.5. Others
  • 6.2.2. By End-use Industry
    • 6.2.2.1. Automotive
    • 6.2.2.2. Construction
    • 6.2.2.3. Pharmaceuticals and Agriculture
    • 6.2.2.4. Others
  • 6.2.3. By Region
    • 6.2.3.1. North America
    • 6.2.3.2. Europe
    • 6.2.3.3. Asia-Pacific
    • 6.2.3.4. South America
    • 6.2.3.5. The Middle East and Africa
  • 6.2.4. By Company Market Share Analysis (Top 5 Companies and Others - By Value, 2024)
• 6.3. Market Map Analysis, 2024
  • 6.3.1. By Application Type
  • 6.3.2. By End-use Industry
  • 6.3.3. By Region

7. North America Nitrobenzene Market Outlook, 2018-2032F*

• 7.1. Market Size Analysis & Forecast
  • 7.1.1. By Value
  • 7.1.2. By Volume
• 7.2. Market Share Analysis & Forecast
  • 7.2.1. By Application Type
    • 7.2.1.1. Aniline
    • 7.2.1.2. Pesticides
    • 7.2.1.3. Dyes and Pigments
    • 7.2.1.4. Synthetic Rubber
    • 7.2.1.5. Others
  • 7.2.2. By End-use Industry
    • 7.2.2.1. Automotive
    • 7.2.2.2. Construction
    • 7.2.2.3. Pharmaceuticals and Agriculture
    • 7.2.2.4. Others
  • 7.2.3. By Country Share
    • 7.2.3.1. United States
    • 7.2.3.2. Canada
    • 7.2.3.3. Mexico
• 7.3. Country Market Assessment
  • 7.3.1. United States Nitrobenzene Market Outlook, 2018-2032F*
    • 7.3.1.1. Market Size Analysis & Forecast
      • 7.3.1.1.1. By Value
      • 7.3.1.1.2. By Volume
    • 7.3.1.2. Market Share Analysis & Forecast
      • 7.3.1.2.1. By Application Type
        • 7.3.1.2.1.1. Aniline
        • 7.3.1.2.1.2. Pesticides
        • 7.3.1.2.1.3. Dyes and Pigments
        • 7.3.1.2.1.4. Synthetic Rubber
        • 7.3.1.2.1.5. Others
      • 7.3.1.2.2. By End-use Industry
        • 7.3.1.2.2.1. Automotive
        • 7.3.1.2.2.2. Construction
        • 7.3.1.2.2.3. Pharmaceuticals and Agriculture
        • 7.3.1.2.2.4. Others
  • 7.3.2. Canada
  • 7.3.3. Mexico

All segments will be provided for all regions and countries covered

8. Europe Nitrobenzene Market Outlook, 2018-2032F

• 8.1. Germany
• 8.2. France
• 8.3. Italy
• 8.4. United Kingdom
• 8.5. Russia
• 8.6. Netherlands
• 8.7. Spain
• 8.8. Turkey
• 8.9. Poland

9. Asia-Pacific Nitrobenzene Market Outlook, 2018-2032F

• 9.1. India
• 9.2. China
• 9.3. Japan
• 9.4. Australia
• 9.5. Vietnam
• 9.6. South Korea
• 9.7. Indonesia
• 9.8. Philippines

10. South America Nitrobenzene Market Outlook, 2018-2032F

• 10.1. Brazil
• 10.2. Argentina

11. Middle East and Africa Nitrobenzene Market Outlook, 2018-2032F

• 11.1. Saudi Arabia
• 11.2. UAE
• 11.3. South Africa

12. Porter's Five Forces Analysis

13. PESTLE Analysis

14. Market Dynamics

• 14.1. Market Drivers
• 14.2. Market Challenges

15. Market Trends and Developments

16. Competitive Landscape

• 16.1. Competition Matrix of Top 5 Market Leaders
• 16.2. SWOT Analysis for Top 5 Players
• 16.3. Key Players Landscape for Top 10 Market Players
  • 16.3.1. Huntsman Corporation
    • 16.3.1.1. Company Details
    • 16.3.1.2. Key Management Personnel
    • 16.3.1.3. Products and Services
    • 16.3.1.4. Financials (As Reported)
    • 16.3.1.5. Key Market Focus and Geographical Presence
    • 16.3.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisitions
  • 16.3.2. Sumitomo Chemical Co., Ltd.
  • 16.3.3. Wanhua Chemical Group Co., Ltd.
  • 16.3.4. BASF SE
  • 16.3.5. SP Chemicals Co., Ltd.
  • 16.3.6. Bann Quimica Ltda.
  • 16.3.7. Aarti Industries Limited
  • 16.3.8. Kumho Mitsui Chemicals Corporation
  • 16.3.9. China Risun Group Limited
  • 16.3.10. Covestro AG.
  • 16.3.11. Kutch Chemical Industries Limited

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

17. Strategic Recommendations

18. About Us and Disclaimer