4-Acetylpyridine is also recognized as methyl 4-pyridyl ketone. It is an organic compound with formula C7H7NO. It is primarily used as a building block in the agriculture, pharmaceutical, and fine chemical industry. It is a clear liquid with a light yellow to brownish color. It is an acetylated pyridine, which is usually used in the preparation of bicyclic heterocycles containing nitrogen and other organic compounds. It is also found in traditional cigarette smoke. It is generally used in agrochemicals, pharmaceutical, and chemical intermediates.
4-Acetylpyridine is incompatible/contrary with the strong oxidizing agents as well as strong reducing agents. In addition, the growing demand for pesticides and insecticides as well as the growth of the agricultural sector are expected to give new impetus to the demand for pyridine. Additionally, the rapid expansion of many end-use industries in emerging economies is believed to positively influence demand patterns. Moreover, improving the lifestyle and increasing the purchasing power of people are other factors which are expected to positively affect the growth of the market. The major players in the market are spending huge sums on research and development to increase the functionality of pyridine and its derivatives, which in turn is expected to drive the growth of the market.
As per analysis, “Global 4-Acetylpyridine (CAS 1122-54-9) Market, 2021-2027” some of the key companies that are currently operating in the global 4-Acetylpyridine market include Koei Chemical Co., Ltd., Jiangxi Rongxing Pharmaceutical Co., Ltd., Raschig GmbH and among others. Leading companies are conducting widespread research for improving the applications of pyridine in agrochemicals, including fungicides, insecticides and herbicides. Over the next few years, the market is expected to be further helped by the growing awareness of farmers of the product, catalyzed by the increase in pest control activities.
The 4-Acetylpyridine Market is driven by rise in demand for pyridine as denaturant, followed by surge in awareness among farmers, advancement in biocatalysts processes, and increase in pest control activities. However, health hazards associated with the toxicity of pyridine and stringent government restrictions may impact the market. Moreover, increase in research & development (R&D) activities in reducing toxicity of pyridine are a leading opportunity for market.
By regional analysis, the Asia-Pacific is a leading region in global 4-Acetylpyridine market owing to rise in demand for niacinamide in the processed food industries and pharmaceutical industry across the region. Demand in the region is increasing owing to rise in disposable incomes, favorable government regulations, readily available cheap labor and among other factors. Rapidly growing pharmaceutical industry and increasing demand from the agrochemicals sector are likely to further drive the market growth in Asia-Pacific. The North-America and Europe regions are estimated to exhibit substantial growth rate due to increase in the demand for pyridine & pyridine derivatives coupled with rise in demand for synthetic pyridine over the forecast period. It is projected that future of the global4-Acetylpyridine market will be bright as a result of increase in need for agrochemicals during the forecast period.
For More Information, refer to below link:-
Global 4-Acetylpyridine (CAS 1122-54-9) Market Report, 2021-2027
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