Global Biphenyl Market Growth, Forecast, Size, Statistics

The Global Biphenyl Market is expected to reach USD 2.5 Billion by 2030, at a CAGR of 4.8% during the forecast period 2021 to 2030.

Biphenyl Market Growth Driven by Food Use, But Health Risks Pose Challenges

Biphenyl is widely used in the food and beverage industry as a preservative and flavoring agent, especially in soft drinks, due to its connection with sodium benzoate. It also plays a role as an adjuvant in vaccines to boost immune response. Market growth is supported by rising soft drink consumption, particularly among millennials. However, challenges like supply chain disruptions, strict transportation regulations, and harmful health effects from high exposure—such as liver, kidney, and neurological issues—are limiting the industry’s expansion. Despite stable prices during the COVID-19 pandemic, health concerns remain a significant barrier.

This study gives a detailed analysis of drivers, restrains, opportunities and challenges limiting the market expansion of Biphenyl market. The survey included a diverse set of players, including a balance of leading and growing manufacturers for business profiling, such as;

ABacipharm Corporation Alfa Aesar Biosynth Carbosynth Daken Chemical Limited Eastman Chemical Company Henan Tianfu Chemical Co., Ltd Jiangsu Zhongneng Chemical Technology Co., Ltd. Lanxess AG MainChem Merck kGaA Oakwood Products, Inc. Otto Chemie Pvt. Ltd. Springchem New Material Technology Co., Limited Taj Pharmaceuticals Ltd. TCI America

Our expert team is consistently working on updated data and information on the key player’s related business processes that value the market for future strategies and predictions

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Market Segmentation:

By Source

Coal Tar Biphenyl
Crude Oil Biphenyl
Natural Gas Biphenyl

By Application

Chemicals Intermediate
Dyestuff Carrier for Textiles
Fungicide
Food & Beverages
Heat Transfer Fluids
Solvents

Covered in this Report:

1. Go-to-market Strategy.
2. Neutral perspective on the market performance.
3. Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, QMI quadrant, and other significant analysis, as well as development status.
4. Customized regional/country reports as per request and country level analysis.
5. Potential & niche segments and regions exhibiting promising growth covered.
6.Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

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Industry Developments:

In December 2020- Sigma Aldrich’s parent firm, Merck, disclosed a total investment of USD 48.69 million in its U.S. manufacturing sites (Danvers, Massachusetts, and Jaffrey, New Hampshire). This project will add roughly 700 new manufacturing jobs and expand the company’s manufacturing presence.

Regional Analysis for Biphenyl Market:

✫ North America: (U.S., Canada, Mexico)
✫ Europe: (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
✫ Asia-Pacific: (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
✫ South America: (Colombia, Brazil, Argentina, Rest of South America)
✫ Middle East & Africa: (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

⏩ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
⏩ Top-down and bottom-up approach for regional analysis
⏩ Porter’s five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
⏩ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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Frequently asked questions:

➥ What is the market size of the Biphenyl market?
➥ What is the market growth rate of the Biphenyl market?
➥ What are the Biphenyl market opportunities and threats faced by the vendors in the global Biphenyl Industry?
➥ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
➥ What focused approach and constraints are holding the Biphenyl market?
➥ What are the different sales, marketing, and distribution channels in the global industry?

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