Pyridine Market by Type (Pyridine N-Oxide, Alpha Picoline, Beta Picoline, Gamma Picoline, and 2-Methyl-5-Ethylpyridine) and Application (Agrochemical, Pharmaceutical, Chemical, Food, and Others): Global Opportunity Analysis and Industry Forecast, 2018 - 2025

Pyridine is a colorless flammable liquid with an unpleasant odor. It is produced by breaking down naturally occurring substances, such as coal tar, or is synthesized from other chemicals. Pyridine is used as a solvent in several chemical reactions to synthesize different products, such as vitamins, medicines, pesticides, food flavorings, dyes, paints, adhesives, rubber products, and waterproofing for fabrics.

Rise in the demand for agrochemicals and increase in use of pyridine in pharmaceuticals drive the demand for pyridine and its derivatives. Moreover, increase in per capita disposable incomes, especially in the developing countries, such as China and India, rapid urbanization, and rise in consumer expenditure propels the global market growth.

The European pyridine market offers numerous opportunities for the manufacturers, owing to increase in demand for high-quality agrochemicals and herbicides, especially in the developing economies, such as France, Russia, Poland, and others, and increase in number of pyridine manufacturers. Asia-Pacific is estimated to account for the highest market share, followed by Europe.