Pyrene belongs to the polycyclic aromatic hydrocarbon (PAH). Pyrene has four benzene rings fused together which results in a flat aromatic system. Pyrene is found in multiple groups of polycyclic aromatic hydrocarbons. Pyrene is found naturally but can be synthesized easily. Pyrene is identified in drinking water, numerous food and in the atmosphere. Pyrene and other similar PAHs can be produced when coal, oil, gas, and garbage is burned but the combustion process isn’t complete. Pyrene is one of the processing products of coal tar. Pyrene can be used in production of dyes due to its fluorescence properties. Pyrene is used for making dyes, plastics and pesticides. It is also used for making derivatives such as benzo(a)pyrene which is used in numerous paints or coatings as a protective coat against corrosion for multiple equipment such as pipes, steel pilings, hydraulic equipment and sealcoats among others, pyrene derivative can also be used as wood-preservatives to prevent drying of wood. Pyrene and its derivatives are commercially to make dyes and dye precursors. Pyrene is used as a probe to determine solvent environment owning to its sensitivity to solvent polarity. Pyrene is also used as a probe to study proteins, lipids, nucleic acid and other biomolecules.
Pyrene Market: Driver
Pyrene market is primarily driven by the dyes and coating industry. The dyes & coating industries are expected to witness demand augmentation owing to increase in the automotive production and construction paints in the coming years. The development in automotive and construction activities is thereby expected to result in growth of coating industry which in turn is thus expected to increase the demand of raw materials such as pyrene for corrosion protective coatings. Fluorescence dyes is also manufactured from pyrene and its derivatives which finds application in biological research for their high selectivity and low toxicity.
Simultaneously, the increasing demand for better and healthier agricultural products is expected to increase the requirement of agrochemicals such as pesticides, insecticides and fungicides owning to which pyrene is expected to witness an increase in demand as pyrene and its derivatives are used as raw materials for making agrochemicals such as pesticides.
Pyrene Market: Restraints
However the regulations of the government have mandated on the production of pyrene which is limiting the growth of pyrene in the global market. Pyrene is a toxic compound and has a critical effect on living organism on direct exposure. Experiments and studies have shown that exposure of pyrene directly through air, skin and injection have resulted in developing tumors. It is a very toxic compound and can result in adverse effects on human health.
Pyrene Market: Trends
Pyrene is recently gaining traction for being used as well characterized probes in the fluorophores for implementing the study of lipids, proteins and other biomolecules. Pyrene is gaining importance in the research department.
The Global Market of Pyrene can be segmented by: Application
The Global Market of Pyrene can be segmented by: End Use
Market: Regional Outlook
Asia-Pacific holds a prominent share in the Pyrene market. China is one of the leading countries in pyrene production owning to the rapid industrial growth. Increasing automotive production in these regions have led to increase in the demand for pyrene for protective coatings and dyes. Europe and Asia Pacific countries are leading in the production of pyrene. Countries such as German, Switzerland and U.K are some of the prominent countries which export pyrene to other regions. In some countries such as U.S., pyrene is not produced commercially. North America has a pyrene market which includes no production but only imports from regions such as Europe and Asia. Latin America holds to be a potential market for pyrene owing to positive government regulation by the government increasing the agricultural outputs of some countries such as Brazil, Mexico, Colombia and others which is expected to increase the demand of pyrene for making agrochemicals. Middle East & Africa and reflect steady or moderate growth due to presence of less number of players in the region.
Market: Key participants
Some of the global Pyrene market are as follows:
NANJING AILY BIOTECHNOLOGY CO.,LTD, Shananxi Dongtaiyuan Chemical Technology Co.,Ltd, Taiyuan RHF CO, CHEMVON BIOTECHNOLOGY (SHANGHAI) CO. LTD., BEIJING SHLHT CHEMICAL TECHNOLOGY among others.
The Pyrene report covers exhaustive analysis on,
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The Pyrene Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with Pyrene market attractiveness as per segments. The report also maps the qualitative impact of various market factors on Pyrene market segments and geographies.