Chlorobenzene Market Size 2023 Volume and Value, Upcoming Investments, Recent Developments, Innovations 2030
Market Overview The Global Chlorobenzene Market is projected to reach USD 3,146.50 by 2030 exhibiting a CAGR of 5.7%. Chlorobenzene is a colourless liquid used as a solvent, degreasing agent, and chemical intermediate. It belongs to the family of organic halogen compounds. Chlorobenzene is used in the manufacturing of organic chemicals, insecticides, pigment, dyes, paints, textiles, and cosmetics. The chemical industry across the globe is witnessing healthy growth due to the increase in the demand in the industries such as construction, automotive, and electronics. Industrialization and urbanization in Asia-Pacific supported by low labour cost and economic growth are also favouring the growth of the industry. Thus, the growth of the chemical industry is expected to fuel the demand for Chlorobenzene Market Size . Chlorobenzene is significantly used in the production of fertilizers and agrochemicals. The growth of the market is driven by expanding agricultural industry in emerging coun