Pyridine Market Globally Expected to Drive Growth through 2026

Pyridine is a soluble, flammable liquid base with a distinct, strong odor and is toxic in nature. Pyridine is a basic heterocyclic organic compound having the chemical formula, C5H5N. It is often considered as the parent compound of several naturally occurring organic compounds. Pyridine is the preferred choice as a precursor to agrochemicals and pharmaceuticals. Initially, the synthesis of pyridine was done by extraction from coal tar and also it was obtained as a by-product of coal gasification.

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It is a useful chemical with a wide array of applications in various industries such as agrochemicals, pharmaceuticals, animal nutrition, food & beverage, oilfield, and others. Pyridine is a flexible building block and is considered as a good solvent in agrochemical, pharmaceuticals, and other industries. Furthermore, it has various applications such as solvent, intermediate, corrosion inhibition, pesticides, precursor, and others. It is completely soluble in ether, alcohol, water, and benzene. In earlier days, pyridines were isolated from coal tars by using coking operations; presently, synthetic procedures account for the majority of the global production of pyridines for application in various end-use industries.

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Rise in demand for pyridine and its derivatives from pharmaceuticals and agrochemical applications owing to its multiple chemical functionalities is driving the growth of the pyridine market. Furthermore, upsurge in usage of pyridine as a denaturant for anti-freeze mixtures is propelling the growth of the pyridine market. Increase in demand for synthetic pyridine and rise in applications of pyridine in pesticides and herbicides are further augmenting the growth of the pyridine market. Additionally, recent developments in biocatalyst processes is driving the growth of the pyridine market. However, factors such as stringent governmental regulations regarding the usage of pyridine are hampering the growth of pyridine market.

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