Global Pyridine & Pyridine Derivatives Market - Future, Scope, Trends
Global Pyridine & Pyridine Derivatives Market is projected to grow at an impressive CAGR during the forecast period. The growth is attributed to increasing demand due to end-use industries such as agrochemical, pharmaceutical, latexes, food, electronics, and others. It is forecasted that the U.S. agrochemical market will have a revenue of approximately USD 49 billion by 2025. Across APAC Region, the Healthy growth of the pharmaceutical industry is driving the market. Growing Investment in India and other ASEAN countries contributes to the market's development. As per the data released by India Brand Equity Foundation, In June 2021, the Government of India announced an additional outlay of around USD 27 billion, which will be utilized for the Pharmaceutical PLI scheme in 13 key sectors such as pharmaceuticals ingredients, drug intermediaries and critical starting materials. Economic factors are significantly uplifting the market growth and increasing p...