North America Pyridine Market Size, Share & Trends Analysis Report By Type (Pyridine N-Oxide, Alpha Picoline, Beta Picoline, Gamma Picoline, and 2-Methyl-5-ethylpyridine (MEP)), By Application, By Country and Growth Forecast, 2024

Description

List of Tables

The North America Pyridine Market would witness market growth of 4.7% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 25,748.8 tonnes, showcasing a growth of 20.7% (2020-2023).

Pyridine N-oxide is an important derivative of pyridine, characterized by the addition of an oxygen atom to the nitrogen in the pyridine ring. This compound is widely used in various chemical reactions and as a reagent in organic synthesis. It serves as a valuable intermediate in the production of agrochemicals, pharmaceuticals, and specialty chemicals. Pyridine N-oxide is known for its ability to act as a solvent and stabilizing agent in different formulations, making it essential in the chemical manufacturing process. Thus, in US, 11,766.1 tonnes of Pyridine N-oxide is expected to be utilized by the year 2031.

The US market dominated the North America Pyridine Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $146.5 million by 2031. The Canada market is expected to witness a CAGR of 6.6% during (2024 - 2031). Additionally, The Mexico market is experiencing a CAGR of 6% during (2024 - 2031).

Pyridine, a six-membered aromatic heterocycle containing a nitrogen atom, is a vital chemical compound with a wide range of applications across various industries. It is a versatile compound for the synthesis of numerous chemicals, pharmaceuticals, agrochemicals, and speciality materials due to its exceptional chemical properties. Demand from key end-use industries, including pharmaceuticals, agriculture, and chemicals, has consequently propelled the pyridine market to experience substantial expansion over the years.

One of the primary drivers of the market is the growing demand for pharmaceuticals. Pyridine and its derivatives are essential in synthesising various drugs, including antihistamines, vitamins, and anti-infective agents. With the rise in global healthcare expenditure and the growing prevalence of noncommunicable or chronic diseases, the demand for pyridine in pharmaceutical applications is expected to continue growing. Furthermore, the chemical industry relies heavily on pyridine for its solvent and reagent properties. Pyridine produces rubber, dyes, paints, and speciality chemicals. The expansion of the chemical industry, particularly in developing economies, is boosting the demand for pyridine as businesses invest in technologies and processes to meet growing consumer needs.

The growing population and increasing healthcare needs in Mexico drive the demand for pyridine in the pharmaceutical sector. The annual growth rate of the population in Mexico is approximately 1.06%. In addition to slowing population growth, Mexico is also ageing. As of 2015, the median age was 28 years. By 2055, nearly 30 per cent of Mexicans will be over the age of 60, and the median age will be 44; consequently, the population will decline after 2062. The country's pharmaceutical industry is a significant consumer of pyridine, using it in the production of various drugs and medications. Therefore, the region will provide lucrative opportunities for the market throughout the forecast period.

Based on Type, the market is segmented into Pyridine N-Oxide, Alpha Picoline, Beta Picoline, Gamma Picoline, and 2-Methyl-5-ethylpyridine (MEP). Based on Application, the market is segmented into Agrochemicals, Pharmaceuticals, Chemicals, Food, and Other Applications. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

Bayer AG
Lonza Group Ltd.
Jubilant Pharmova Limited
Mitsubishi Chemical Holdings Corporation
Jarchem Innovative Industries LLC (Vertellus Holdings LLC)
Imperial Chemical Corporation
Koei Chemical Co., Ltd.
Shandong Luba Chemical Co., Ltd.
Hebei Yanuo Chemical Industry Co., Ltd.
Chang Chun Petrochemical Co., Ltd.

North America Pyridine Market Report Segmentation

By Type (Volume, Tonnes, USD Billion, 2020-2031)

Pyridine N-Oxide
Alpha Picoline
Beta Picoline
Gamma Picoline
2-Methyl-5-ethylpyridine (MEP)

By Application (Volume, Tonnes, USD Billion, 2020-2031)

Agrochemicals
Pharmaceuticals
Chemicals
Food
Other Applications

By Country (Volume, Tonnes, USD Billion, 2020-2031)

US
Canada
Mexico
Rest of North America

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 North America Pyridine Market, by Type
- 1.4.2 North America Pyridine Market, by Application
- 1.4.3 North America Pyridine Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. North America Pyridine Market by Type

4.1 North America Pyridine N-Oxide Market by Country
4.2 North America Alpha Picoline Market by Country
4.3 North America Beta Picoline Market by Country
4.4 North America Gamma Picoline Market by Country
4.5 North America 2-Methyl-5-ethylpyridine (MEP) Market by Country

Chapter 5. North America Pyridine Market by Application

5.1 North America Agrochemicals Market by Country
5.2 North America Pharmaceuticals Market by Country
5.3 North America Chemicals Market by Country
5.4 North America Food Market by Country
5.5 North America Other Applications Market by Country

Chapter 6. North America Pyridine Market by Country

6.1 US Pyridine Market
- 6.1.1 US Pyridine Market by Type
- 6.1.2 US Pyridine Market by Application
6.2 Canada Pyridine Market
- 6.2.1 Canada Pyridine Market by Type
- 6.2.2 Canada Pyridine Market by Application
6.3 Mexico Pyridine Market
- 6.3.1 Mexico Pyridine Market by Type
- 6.3.2 Mexico Pyridine Market by Application
6.4 Rest of North America Pyridine Market
- 6.4.1 Rest of North America Pyridine Market by Type
- 6.4.2 Rest of North America Pyridine Market by Application

Chapter 7. Company Profiles

7.1 Bayer AG
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Segmental and Regional Analysis
- 7.1.4 Research & Development Expense
- 7.1.5 SWOT Analysis
7.2 Lonza Group Ltd.
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Segmental and Regional Analysis
- 7.2.4 Research & Development Expenses
- 7.2.5 SWOT Analysis
7.3 Jubilant Pharmova Limited
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.3.3 Segmental and Regional Analysis
- 7.3.4 SWOT Analysis
7.4 Mitsubishi Chemical Holdings Corporation
- 7.4.1 Company Overview
- 7.4.2 Financial Analysis
- 7.4.3 Segmental Analysis
- 7.4.4 Research & Development Expense
- 7.4.5 SWOT Analysis
7.5 Jarchem Innovative Industries LLC (Vertellus Holdings LLC)
- 7.5.1 Company Overview
7.6 Imperial Chemical Corporation
- 7.6.1 Company Overview
7.7 Koei Chemical Co., Ltd.
- 7.7.1 Company Overview
7.8 Shandong Luba Chemical Co., Ltd.
- 7.8.1 Company Overview
7.9 Hebei Yanuo Bioscience Co., Ltd.
- 7.9.1 Company Overview
7.10. Chang Chun Group
- 7.10.1 Company Overview

LIST OF TABLES

TABLE 1 North America Pyridine Market, 2020 - 2023, USD Million
TABLE 2 North America Pyridine Market, 2024 - 2031, USD Million
TABLE 3 North America Pyridine Market, 2020 - 2023, Tonnes
TABLE 4 North America Pyridine Market, 2024 - 2031, Tonnes
TABLE 5 North America Pyridine Market by Type, 2020 - 2023, USD Million
TABLE 6 North America Pyridine Market by Type, 2024 - 2031, USD Million
TABLE 7 North America Pyridine Market by Type, 2020 - 2023, Tonnes
TABLE 8 North America Pyridine Market by Type, 2024 - 2031, Tonnes
TABLE 9 North America Pyridine N-Oxide Market by Country, 2020 - 2023, USD Million
TABLE 10 North America Pyridine N-Oxide Market by Country, 2024 - 2031, USD Million
TABLE 11 North America Pyridine N-Oxide Market by Country, 2020 - 2023, Tonnes
TABLE 12 North America Pyridine N-Oxide Market by Country, 2024 - 2031, Tonnes
TABLE 13 North America Alpha Picoline Market by Country, 2020 - 2023, USD Million
TABLE 14 North America Alpha Picoline Market by Country, 2024 - 2031, USD Million
TABLE 15 North America Alpha Picoline Market by Country, 2020 - 2023, Tonnes
TABLE 16 North America Alpha Picoline Market by Country, 2024 - 2031, Tonnes
TABLE 17 North America Beta Picoline Market by Country, 2020 - 2023, USD Million
TABLE 18 North America Beta Picoline Market by Country, 2024 - 2031, USD Million
TABLE 19 North America Beta Picoline Market by Country, 2020 - 2023, Tonnes
TABLE 20 North America Beta Picoline Market by Country, 2024 - 2031, Tonnes
TABLE 21 North America Gamma Picoline Market by Country, 2020 - 2023, USD Million
TABLE 22 North America Gamma Picoline Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Gamma Picoline Market by Country, 2020 - 2023, Tonnes
TABLE 24 North America Gamma Picoline Market by Country, 2024 - 2031, Tonnes
TABLE 25 North America 2-Methyl-5-ethylpyridine (MEP) Market by Country, 2020 - 2023, USD Million
TABLE 26 North America 2-Methyl-5-ethylpyridine (MEP) Market by Country, 2024 - 2031, USD Million
TABLE 27 North America 2-Methyl-5-ethylpyridine (MEP) Market by Country, 2020 - 2023, Tonnes
TABLE 28 North America 2-Methyl-5-ethylpyridine (MEP) Market by Country, 2024 - 2031, Tonnes
TABLE 29 North America Pyridine Market by Application, 2020 - 2023, USD Million
TABLE 30 North America Pyridine Market by Application, 2024 - 2031, USD Million
TABLE 31 North America Pyridine Market by Application, 2020 - 2023, Tonnes
TABLE 32 North America Pyridine Market by Application, 2024 - 2031, Tonnes
TABLE 33 North America Agrochemicals Market by Country, 2020 - 2023, USD Million
TABLE 34 North America Agrochemicals Market by Country, 2024 - 2031, USD Million
TABLE 35 North America Agrochemicals Market by Country, 2020 - 2023, Tonnes
TABLE 36 North America Agrochemicals Market by Country, 2024 - 2031, Tonnes
TABLE 37 North America Pharmaceuticals Market by Country, 2020 - 2023, USD Million
TABLE 38 North America Pharmaceuticals Market by Country, 2024 - 2031, USD Million
TABLE 39 North America Pharmaceuticals Market by Country, 2020 - 2023, Tonnes
TABLE 40 North America Pharmaceuticals Market by Country, 2024 - 2031, Tonnes
TABLE 41 North America Chemicals Market by Country, 2020 - 2023, USD Million
TABLE 42 North America Chemicals Market by Country, 2024 - 2031, USD Million
TABLE 43 North America Chemicals Market by Country, 2020 - 2023, Tonnes
TABLE 44 North America Chemicals Market by Country, 2024 - 2031, Tonnes
TABLE 45 North America Food Market by Country, 2020 - 2023, USD Million
TABLE 46 North America Food Market by Country, 2024 - 2031, USD Million
TABLE 47 North America Food Market by Country, 2020 - 2023, Tonnes
TABLE 48 North America Food Market by Country, 2024 - 2031, Tonnes
TABLE 49 North America Other Applications Market by Country, 2020 - 2023, USD Million
TABLE 50 North America Other Applications Market by Country, 2024 - 2031, USD Million
TABLE 51 North America Other Applications Market by Country, 2020 - 2023, Tonnes
TABLE 52 North America Other Applications Market by Country, 2024 - 2031, Tonnes
TABLE 53 North America Pyridine Market by Country, 2020 - 2023, USD Million
TABLE 54 North America Pyridine Market by Country, 2024 - 2031, USD Million
TABLE 55 North America Pyridine Market by Country, 2020 - 2023, Tonnes
TABLE 56 North America Pyridine Market by Country, 2024 - 2031, Tonnes
TABLE 57 US Pyridine Market, 2020 - 2023, USD Million
TABLE 58 US Pyridine Market, 2024 - 2031, USD Million
TABLE 59 US Pyridine Market, 2020 - 2023, Tonnes
TABLE 60 US Pyridine Market, 2024 - 2031, Tonnes
TABLE 61 US Pyridine Market by Type, 2020 - 2023, USD Million
TABLE 62 US Pyridine Market by Type, 2024 - 2031, USD Million
TABLE 63 US Pyridine Market by Type, 2020 - 2023, Tonnes
TABLE 64 US Pyridine Market by Type, 2024 - 2031, Tonnes
TABLE 65 US Pyridine Market by Application, 2020 - 2023, USD Million
TABLE 66 US Pyridine Market by Application, 2024 - 2031, USD Million
TABLE 67 US Pyridine Market by Application, 2020 - 2023, Tonnes
TABLE 68 US Pyridine Market by Application, 2024 - 2031, Tonnes
TABLE 69 Canada Pyridine Market, 2020 - 2023, USD Million
TABLE 70 Canada Pyridine Market, 2024 - 2031, USD Million
TABLE 71 Canada Pyridine Market, 2020 - 2023, Tonnes
TABLE 72 Canada Pyridine Market, 2024 - 2031, Tonnes
TABLE 73 Canada Pyridine Market by Type, 2020 - 2023, USD Million
TABLE 74 Canada Pyridine Market by Type, 2024 - 2031, USD Million
TABLE 75 Canada Pyridine Market by Type, 2020 - 2023, Tonnes
TABLE 76 Canada Pyridine Market by Type, 2024 - 2031, Tonnes
TABLE 77 Canada Pyridine Market by Application, 2020 - 2023, USD Million
TABLE 78 Canada Pyridine Market by Application, 2024 - 2031, USD Million
TABLE 79 Canada Pyridine Market by Application, 2020 - 2023, Tonnes
TABLE 80 Canada Pyridine Market by Application, 2024 - 2031, Tonnes
TABLE 81 Mexico Pyridine Market, 2020 - 2023, USD Million
TABLE 82 Mexico Pyridine Market, 2024 - 2031, USD Million
TABLE 83 Mexico Pyridine Market, 2020 - 2023, Tonnes
TABLE 84 Mexico Pyridine Market, 2024 - 2031, Tonnes
TABLE 85 Mexico Pyridine Market by Type, 2020 - 2023, USD Million
TABLE 86 Mexico Pyridine Market by Type, 2024 - 2031, USD Million
TABLE 87 Mexico Pyridine Market by Type, 2020 - 2023, Tonnes
TABLE 88 Mexico Pyridine Market by Type, 2024 - 2031, Tonnes
TABLE 89 Mexico Pyridine Market by Application, 2020 - 2023, USD Million
TABLE 90 Mexico Pyridine Market by Application, 2024 - 2031, USD Million
TABLE 91 Mexico Pyridine Market by Application, 2020 - 2023, Tonnes
TABLE 92 Mexico Pyridine Market by Application, 2024 - 2031, Tonnes
TABLE 93 Rest of North America Pyridine Market, 2020 - 2023, USD Million
TABLE 94 Rest of North America Pyridine Market, 2024 - 2031, USD Million
TABLE 95 Rest of North America Pyridine Market, 2020 - 2023, Tonnes
TABLE 96 Rest of North America Pyridine Market, 2024 - 2031, Tonnes
TABLE 97 Rest of North America Pyridine Market by Type, 2020 - 2023, USD Million
TABLE 98 Rest of North America Pyridine Market by Type, 2024 - 2031, USD Million
TABLE 99 Rest of North America Pyridine Market by Type, 2020 - 2023, Tonnes
TABLE 100 Rest of North America Pyridine Market by Type, 2024 - 2031, Tonnes
TABLE 101 Rest of North America Pyridine Market by Application, 2020 - 2023, USD Million
TABLE 102 Rest of North America Pyridine Market by Application, 2024 - 2031, USD Million
TABLE 103 Rest of North America Pyridine Market by Application, 2020 - 2023, Tonnes
TABLE 104 Rest of North America Pyridine Market by Application, 2024 - 2031, Tonnes
TABLE 105 Key Information - Bayer AG
TABLE 106 Key Information -Lonza Group Ltd.
TABLE 107 Key Information - Jubilant Pharmova Limited
TABLE 108 Key Information - MITSUBISHI CHEMICAL HOLDINGS CORPORATION
TABLE 109 Key Information - Jarchem Innovative Industries LLC
TABLE 110 Key Information - Imperial Chemical Corporation
TABLE 111 Key Information - Koei Chemical Co., Ltd.
TABLE 112 Key Information - Shandong Luba Chemical Co., Ltd.
TABLE 113 Key Information - Hebei Yanuo Bioscience Co., Ltd.
TABLE 114 Key Information - Chang Chun Group

North America Pyridine Market Size, Share & Trends Analysis Report By Type (Pyridine N-Oxide, Alpha Picoline, Beta Picoline, Gamma Picoline, and 2-Methyl-5-ethylpyridine (MEP)), By Application, By Country and Growth Forecast, 2024 - 2031