Monochlorobenzene Market Snapshot (2023 to 2033)

The global monochlorobenzene market is slated to reach USD 1,915.1 million in 2023 and is expected to accumulate a market value of USD 2,701.5 million by registering a CAGR of 3.5% in the forecast period 2023 to 2033.

The growth of the monochlorobenzene market can be attributed to the increasing application of the same in end-user industries. The market for monochlorobenzene registered a CAGR of 2.4% in the historical period.

Data Points Key Statistics
Estimated Base Year Value (2022) USD 1,873.9 million
Expected Market Value (2023) USD 1,915.1 million
Anticipated Forecast Value (2033) USD 2,701.5 million
Projected Growth Rate (2023 to 2033) 3.5% CAGR

Monochlorobenzene is an aromatic organic compound with the chemical formula C6H5Cl. It is a colorless, flammable liquid and acts as a common solvent for use as an intermediate in the manufacture of other chemicals. These compounds are primarily used as an intermediary in the manufacture and synthesis of pesticides and various other chemicals.

Monochlorobenzene came into existence in 1851 and, at present, is produced by benzene chlorination in the existence of catalysts, acids such as sulfur dichloride, ferric chloride, and anhydrous aluminum chloride.

This chlorination process of benzene can ideally produce 12 different chlorobenzenes; however, world events and technology have decreased the monochlorobenzene to the production of three primary products such as monochlorobenzene, p-dimonochlorobenzene, and o-dichlorobenzene.

Other chlorobenzenes that are not produced on a large scale include m-dichlorobenzene, tetrachlorobenzenes, trichlorobenzenes and hexachlorobenzene. Approximately 50% of the total production of monochlorobenzene is represented by monochlorobenzene, which is used for the production of nitro chlorobenzene.

These nitrochlorobenzenes manufacture pigment intermediates, dyes, pesticides, rubber processing chemicals, organic intermediates, and pharmaceuticals, among others. O-dimonochlorobenzene is used for the treatment of garbage, and p-dimonochlorobenzene covers the largest market for moth control and deodorant blocks and also in the production of high-performance polymers.

Chlorobenzenes are widely used in the manufacture of various pesticides, insecticides, and chemicals. In addition, they are used as deodorizers, degreasers, fumigants, and herbicides, among others.

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2018 to 2022 Monochlorobenzene Demand Analysis vs. Forecast 2023 to 2033

The global demand for monochlorobenzene is projected to increase at a CAGR of 3.5% during the forecast period, reaching a total of USD 2,701.5 million in 2033, according to a report from Future Market Insights (FMI). From 2018 to 2022, sales witnessed significant growth, registering a CAGR of 2.4%.

Although the COVID-19 pandemic affected the demand for monochlorobenzene, the demand for it has increased due to its increasing use in solvents and personal care products. Moreover, most end-user industries are trying to integrate chemicals to maximize the use of their products. This, in turn, is expected to increase the sales of the same.

Which are Some Prominent Drivers of the Monochlorobenzene Market?

Multi-purpose Use of Monochlorobenzene Driving Market Growth

The use of monochlorobenzene for various applications such as nitro chlorobenzene, sulfone polymers, diphenol ether, phenyl phenols, and solvents is driving the growth of the market. In addition, nitro-chlorobenzenes are used as intermediates in the manufacture of rubber chemicals, agricultural chemicals, antioxidants, dyes, and pigments and constitute the key application of monochlorobenzene.

Monochlorobenzene is also used as s a solvent in processes to produce rubber products, pesticides, pharmaceuticals, and resins. Also, the y-o-y growth in the pharmaceutical industry and pesticides increases the demand for the market studied.

The Personal Care Industry Propelling the Growth of Monochlorobenzene

The key driving factors of the chlorobenzenes market are the growing demand for monochlorobenzene from the chemical industry for the manufacture of various chemicals. In addition, owing to its use as deodorant, huge demand from the personal care industry is also anticipated to boost the demand for chlorobenzenes.

Nikhil Kaitwade
Nikhil Kaitwade

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What are the Challenges Faced by the Monochlorobenzene Market?

Alternative Chemicals Restraining Market Growth

The demand for monochlorobenzene in the market is expected to slow down owing to the various factors that volatilize the environment. The use of monochlorobenzene as an herbicide, pesticide, and solvent, with environmental problems related to them, has declined the market for chlorobenzene.

The markets for chlorobenzenes, except for high-performance polymers, are declining owing to the substitution of alternative chemistry in the manufacture of products such as phenol and moth control agents. All these factors are derailing the growth of the monochlorobenzene industry.

Region-wise Insights

Strong Presence of Chemical Industries Boosting Demand for Monochlorobenzene in North America

Research Increasing the Use of Monochlorobenzene

Country The United States
Market Share % (2023) 19.3%

The strong presence of chemical industries across the United States is making North America a large contributor to the monochlorobenzene industry. Furthermore, the establishment of specialty chemical manufacturing facilities has boosted the consumption of monochlorobenzene in the country.

Continuous research to use monochlorobenzene in end-user industries is another factor bolstering the demand for the chemical. Thus, due to the reasons mentioned above, North America is expected to possess a 20.8% market share for the monochlorobenzene industry in 2023.

Personal Care Products Boosting Demand for Monochlorobenzene in Europe

Skincare Products Increasing Demand for Monochlorobenzene

Attributes Details
Germany’s Market Share % (2023) 16.3%
The United Kingdom’s Forecast CAGR % 1.7%

The chemical industry in Europe is a key contributor to the monochlorobenzene market. In addition, the increasing demand for personal skin care products, especially by Generation Z and millennials, is changing the landscape for monochlorobenzene in the market. Furthermore, the penetration of different end-user industries is creating opportunities for monochlorobenzene in the region.

Due to the aforementioned reasons, Europe is expected to possess a sizeable market share for the monochlorobenzene market in 2023.

Increasing Use in End User Applications Creating Lucrative Opportunities for Monochlorobenzene in the Asia Pacific

Country Forecast CAGR % (2023 to 2033)
China 2.8%
India 3.3%

China is a significant consumer of chlorobenzene. It holds more than half of the global consumption market. Asia Pacific is the fastest-growing monochlorobenzene market due to many end-use industries in China and India. Japan also contributes a good percentage of global consumption.

In addition, the wide application of monochlorobenzene in solvents and the personal care industry in the region is driving the overall growth of the market. Furthermore, research is underway to maximize the use of monochlorobenzene to increase its effectiveness of the same in the region. Thus, Asia Pacific is expected to procure a 15% market share for the monochlorobenzene market in 2023.

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Category-wise Insights

End-user Industries Favoring Use of Nitrochlorobenzenes?

Chemical Use in end-user propelling Growth of Nitrochlorobenzenes

Segment Nitrochlorobenzene
Market Share % (2023) 44.3%

The nitro chlorobenzene segment is expected to account for a key share of the global monochlorobenzene market in 2023. Nitrochlorobenzenes are used as intermediates in the manufacture of agricultural chemicals, rubber chemicals, antioxidants, dyes, and pigments and constitute a key application of monochlorobenzene. The increasing application of nitrochlorobenzenes is favoring the growth of the same.

Nitro chlorobenzene is expected to procure a 44.3% market share of monochlorobenzene market in 2023.

Start-ups in Monochlorobenzene Market

Key start-up players in the monochlorobenzene market are Protech, Lionano, Sila Nanotechnologies, Bayotech, and Group14Technologies.

Protech, a key player in the monochlorobenzene market, is focusing on effectively using the chemical to widen its use.

Market Competition

Key players in the monochlorobenzene market are Arkema SA, Henan Kaipu Chemical Co., Ltd., Bayer AG, PPG Industries, Inc., Jinhua, Chemical (Group) Corporation, Nanjing Chemical Industry Co.Ltd, Solutia, Inc., Tianjin Bohai Chemical Co. Ltd

Nanjing Chemical Industry Co. Ltd manufactures monochlorobenzene, especially for cleaning products as solvents. Through this, most cleaning industries create unique formulas for effective cleaning sprays.

Report Scope

Report Attributes Details
Market Value in 2023 USD 1,915.1 million
Market Value in 2033 USD 2,701.5 million
Growth Rate CAGR of 3.5% from 2023 to 2033
Base Year for Estimation 2022
Historical Data 2018 to 2022
Forecast Period 2023 to 2033
Quantitative Units Revenue in USD million and CAGR from 2023 to 2033
Report Coverage Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis
Segments Covered Type, Region
Regions Covered North America; Latin America; Western Europe; Eastern Europe; Asia Pacific Excluding Japan; Japan; The Middle East and Africa
Key Countries Profiled The United States, Canada, Brazil, Argentina, Germany, The United Kingdom, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASIAN, GCC Countries, South Africa
Key Companies Profiled Arkema SA; Henan Kaipu Chemical Co. Ltd.; Bayer AG; Kureha Corporation; PPG Industries Inc.; Jinhua Chemical (Group) Corporation; Nanjing Chemical Industry Co. Ltd; Solutia, Inc.; Tianjin Bohai Chemical Co. Ltd
Customization Available Upon Request

Key Segments Profiled in the Monochlorobenzene Industry Survey

By Type:

  • p-Dichlorobenzene
  • o-Dichlorobenzene
  • m-Dichlorobenzene
  • Tetrachlorobenzenes
  • Nitrocholorobenzene
  • Trichlorobenzenes
  • Hexachlorobenzene
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • The Middle East & Africa

Frequently Asked Questions

How is the Historical Performance of the Market?

The market developed at a CAGR of 2.4% from 2018 to 2022.

Who are the Key Monochlorobenzene Market Players?

Arkema SA, Bayer AG, and Solutia, Inc. are the key market players.

What is the Leading Challenge of the Market?

Alternative chemicals restrain the market growth.

How Big is the Monochlorobenzene Market?

This market is valued at USD 1,915.1 million in 2023.

How Big will the Monochlorobenzene Market by 2033?

This market is estimated to reach USD 2,701.5 million by 2033.

Table of Content
  • 1. Executive Summary
  • 2. Market Overview
  • 3. Market Background
  • 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
  • 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type
    • 5.1. p-Dichlorobenzene
    • 5.2. o-Dichlorobenzene
    • 5.3. m-Dichlorobenzene
    • 5.4. Tetrachlorobenzenes
    • 5.5. Nitrocholorobenzene
    • 5.6. Trichlorobenzenes
    • 5.7. Hexachlorobenzene
    • 5.8. Others
  • 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Use Industry
    • 6.1. Chemicals
    • 6.2. Pharmaceutical
    • 6.3. Rubber
    • 6.4. Paints & Coatings
    • 6.5. Agriculture
    • 6.6. Others
  • 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
    • 7.1. North America
    • 7.2. Latin America
    • 7.3. Western Europe
    • 7.4. Eastern Europe
    • 7.5. South Asia and Pacific
    • 7.6. East Asia
      • 7.6.1. Middle East and Africa
  • 8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 10. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 11. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 12. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 14. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 15. Key Countries Market Analysis
  • 16. Market Structure Analysis
  • 17. Competition Analysis
    • 17.1. Arkema SA
    • 17.2. Henan Kaipu Chemical Co. Ltd.
    • 17.3. Bayer AG
    • 17.4. Kureha Corporation
    • 17.5. PPG Industries Inc.
    • 17.6. Jinhua Chemical (Group) Corporation
    • 17.7. Nanjing Chemical Industry Co. Ltd
    • 17.8. Solutia, Inc.
    • 17.9. Tianjin Bohai Chemical Co. Ltd
    • 17.10. Mahindra
  • 18. Assumptions & Acronyms Used
  • 19. Research Methodology
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