Pyridine Derivatives Market Size, Share, Opportunities, And Trends By Type (Pyridine, Beta Picoline, Alpha Picoline, Gamma Picoline, Others), By Application (Agrochemicals, Pharmaceuticals, Latexes, Food, Others), By End-User Industry (Oil & Gas, Petrochemicals, Marine, Energy & Power, Others), And By Geography - Forecasts From 2024 To 2029

  • Published : Feb 2024
  • Report Code : KSI061616592
  • Pages : 142

The pyridine derivatives market is projected to grow considerably during the forecast period

The volatile liquid pyridine has an unpleasant smell and is colourless. Its chemical formula is C5H5N and is a simple heterocyclic organic compound. Because one methine group is replaced by a nitrogen atom, the structure of pyridine is similar to that of benzene. It is mostly used as a solvent and can be found in coal tar. Pyridine is a highly flammable, water-miscible, weakly alkaline compound. Niacin, nicotine, nicotinamide, isonicotinoylhydrazine, strychnine, and vitamin B6 are among the significant pyridine derivatives. The market's expansion can be ascribed to the rising demand for pyridine and its derivatives from the global agrochemical, pharmaceutical, latex, and food applications sectors.

Growing agrochemical industry

The agrochemical industry is expanding due to the growing global population and the need for food products to achieve domestic self-sufficiency. This market is growing as a result of the expansion of the agrochemical industry. Additionally, the market is expanding due to the trend of using pyridine and its derivatives, such as beta and alpha, in a variety of agrochemicals, primarily as insecticides and pesticides. Furthermore, the use of pyridine in agrochemicals can be viewed as a safe investment and a risk-hedging strategy, which has boosted sales of pesticides and fertilizers. The growing need to protect crops from losses and boost yields, as well as the growing demand from consumers for sustainable food, are other factors propelling the  pyridine market expansion.

Increasing the use of beta-picoline

A clear organic fluid, beta picoline is also known as 3-picoline or 3-methylpyridine. It dissolves completely in ether, alcohol, and water. The primary application of beta picoline is in the synthesis of niacinamide, or vitamin B3. This vitamin is used in many pharmaceutical applications, such as treating skin conditions, promoting digestive health, and reducing the risk of high cholesterol.

Furthermore, beta-picoline plays an important role as an intermediate for pharmaceutical intermediates as well as agrochemicals such as fluazifop butyl, haloxyfop, and chlorpyrifos. Vitamin B3 is a common ingredient in many pharmaceutical products that are used to treat skin conditions and diabetes, reduce the risk of high cholesterol, and aid in digestion.

Growing demand in the pharmaceutical industry:

Due to the fact that pyridine derivatives are used to treat bacterial infections, cancer, and other illnesses, the pharmaceuticals sector is anticipated to hold a sizable portion of the market in the years to come. These substances can treat a wide range of illnesses because of their diverse molecular structures.  Pharmaceuticals like CNS stimulants and local anaesthetics are made using pyridine and its derivatives. Conversely, in the pharmaceutical sector, isoniazid and an anti-tuberculosis medication are made using γ-Picoline pyridine.

Growing demand for synthetic pyridine

The increasing demand for synthetic pyridine from the chemical and pharmaceutical industries is expected to drive market growth. 95% of pyridines produced worldwide are synthetic, and this is the only way to meet the high demand for pyridines, according to a Coherent Market Insights analysis. The product is in great demand due to the robust growth in the chemical and pharmaceutical sectors, which is anticipated to support market growth over the forecast period.

Increasing use of coal tar-extracted pyridine

The historical relevance and versatility of coal tar-extracted pyridine make it an important part of the synthesis segment. This type of pyridine extraction was one of the first techniques used, and it came from the distillation of coal tar. Pyridine that is extracted from coal tar has improved in purity despite its inherent impurities and variable composition due to advancements in refining processes. This process is still useful in fields where the unique properties of pyridine made from coal tar are beneficial. It is used in industries like dye manufacturing, where specific impurities provide the desired colour characteristics.

Rising use as a solvent in chemical applications

The growing use of pyridine as a solvent in diverse chemical applications will present lucrative prospects shortly. For example, pyridine is used as a weak base in SOCl2 and TsCl. As a byproduct of this reaction, HCl is created. As HCl is produced, pyridine absorbs it and transforms it into pyridinium hydrochloride. Therefore, it is anticipated that the growing use of pyridine as a solvent in numerous chemical reactions will promote market expansion during the forecast period.

Asia Pacific is projected to grow at a high rate during the forecast period

The booming agrochemical market in Asia Pacific drives up demand for pyridine-based products. To ensure food security, the region's large arable land and expanding population demand the implementation of efficient crop protection measures. As a result, pyridine is now used more frequently in the formulation of pesticides and herbicides, strengthening the region's position as the industry leader. The Asia Pacific region has become more prominent due in part to strategic government policies that support investments in research and development as well as industrial growth. These programs have accelerated technological development and made it possible for producers to efficiently mass-produce pyridine and its derivatives. Consequently, the area has cemented its position as a crucial participant in the pyridine derivatives industry.

Market key launches

  • In May 2020, Vinyl pyridine latex (VP latex) was acquired from Synthomer plc by Trinseo, a global materials solutions supplier and manufacturer of plastics, latex binders, and synthetic rubber. Trinseo has a long history of providing synthetic rubber to the tire industry and is a pioneer in the field of latex binder chemistry. This acquisition aligns with the company's approach to grow the Latex Binders business in Coatings/CASE applications and strengthens its status as a high-performance solutions provider.


  • By Type
    • Pyridine
    • Beta Picoline
    • Alpha Picoline
    • Gamma Picoline
    • Others
  • By Application
    • Agrochemicals
    • Pharmaceuticals
    • Latexes
    • Food
    • Others
  • By End-User Industry
    • Oil & Gas
    • Petrochemicals
    • Marine
    • Energy & Power
    • Others
  • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • United Kingdom
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Others
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • Indonesia
      • Taiwan
      • Others


1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline


2.1. Research Design

2.2. Research Data

2.3. Validation


3.1. Key Findings


4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Force Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis


5.1. Introduction

5.2. Pyridine

5.3. Beta Picoline

5.4. Alpha Picoline

5.5. Gamma Picoline

5.6. Others


6.1. Introduction

6.2. Agrochemicals

6.3. Pharmaceuticals

6.4. Latexes

6.5. Food

6.6. Others


7.1. Introduction

7.2. Oil & Gas

7.3. Petrochemicals

7.4. Marine

7.5. Energy & Power

7.6. Others


8.1. Introduction 

8.2. North America

8.2.1. USA

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. Germany

8.4.2. France

8.4.3. United Kingdom

8.4.4. Spain

8.4.5. Others

8.5. Middle East And Africa

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. Israel

8.5.4. Others

8.6. Asia Pacific

8.6.1. China

8.6.2. Japan

8.6.3. India

8.6.4. South Korea

8.6.5. Indonesia

8.6.6. Taiwan

8.6.7. Others


9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisition, Agreements, and Collaborations

9.4. Vendor Competitiveness Matrix


10.1. Resonance Specialties Ltd.

10.2. Shandong Luba Chemical Co. Ltd.

10.3. Jubilant Life Sciences Ltd.

10.4. CDH Fine Chemicals

10.5. Chemit Laboratories

10.6. Corey Organics

10.7. Chang Chun Petrochemical Co. Ltd.

10.8. Koei Chemical Co. Ltd.

Resonance Specialties Ltd.

Shandong Luba Chemical Co. Ltd.

Jubilant Life Sciences Ltd.

CDH Fine Chemicals

Chemit Laboratories

Corey Organics

Chang Chun Petrochemical Co. Ltd.


Koei Chemical Co. Ltd