San Francisco, California, July 05, 2017: The global market for hydrazobenzene is the focus of analysis of a recent market research report by TMR Research. The report, titled “Hydrazobenzene Market – Global Industry Analysis, Size, Share, Trends and Forecast 2017–2025.” The market is expected to benefit most from the rising focus of leading companies on R&D activities aimed at the development of more sustainable products and an increasing set of applications.
Moreover, the market is expected to be fueled due to the rising demand for hydrogen peroxide in the sector of water treatment. The rising usage of hydrazobenzene in the pharmaceutical industry is another key factor fueling the growth of the global hydrazobenzene market in the next few years. Additionally, the rising usage of sulfinpyrazone and phenylbutazone in the manufacture of a variety of pharmaceutical products will also drive the global hydrazobenzene market over the report’s forecast period. However, the carcinogenic properties of hydrazobenzene is projected to hamper the overall growth of the market over the next few years. Prolonged exposure to the material could prove harmful to living organisms, attracting several regulations pertaining to its usage and disposal.
From a geographical standpoint, the market for hydrazobenzene in Asia Pacific is presently the most promising region in terms of growth opportunities and will dominate other regional markets in terms of growth pace over the report’s forecast period. Factors such as the rising set of applications in the thriving industrial sector in developing countries of India and China will be the key driving force for the Asia Pacific hydrazobenzene market over the report’s forecast period.
Additionally, the healthy growth achieved by the agro-chemical sector in the past few years will also boost the demand for hydrazobenzene in Asia Pacific over the report’s forecast period. The application of hydrazobenzene in the agrochemical sector as a de-suckering agent is expected to significantly drive the demand for hydrazobenzene in the next few years in the region. Furthermore, the increasing numbers of hydrazobenzene companies in the region are also expected to drive the demand for hydrazobenzene over the forecast period.
The report also presents a detailed analytical overview of the competitive landscape of the global hydrazobenzene market, presenting qualitative as well as quantitative details pertaining to the leading players in the market. Furthermore, the report also includes detailed company profiles, SWOT analysis, financial overview, and recent developments related to leading companies in the market. Some of the leading vendors operating in the market are Tokyo Kasei Kogyo (TKK), Alfa Aesar, Gihi Chemicals Co., Limited, IBIS Chemie International, and Chemos GmbH.