Biphenyl Market Size & Analysis for North America, Europe, APAC, South America, Middle East and Africa - US, UK, France, Germany, China – 2025-2029

Biphenyl Market Size 2025-2029

The global biphenyl market size is forecast to increase by USD 300-600 million at a CAGR of 4%-6% between 2025 and 2029. Exact values for this market can be accessed upon purchasing the report.

The biphenyl market is experiencing substantial growth, driven by key trends such as the increasing use of biphenyl in food preservation, pharmaceuticals, and textiles. Biphenyl's antimicrobial and antifungal properties make it a vital component in preventing fungal growth in packaged food and promoting high-quality fabric manufacturing in the textile industry. Additionally, its role in the pharmaceutical sector, used to treat chronic diseases like hypertension and Alzheimer’s disease, is accelerating market expansion. However, challenges such as health risks from exposure to biphenyl derivatives, which can lead to liver and skin irritations, may impact growth. To stay competitive, market players must focus on innovation, addressing health concerns, and expanding applications across key industries.

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How is this market segmented?

The market research report provides comprehensive data, with forecasts and estimates in "USD billion" for the period 2025-2029, as well as historical data for the following segments.

• Source:
  • Crude Oil
  • Coal Tar
  • Natural Gas
• Application:
  • Pharmaceuticals Solvent
  • Dye Carrier
  • Food & Beverages
  • Chemical Intermediates
  • Others
• Geography:
  • North America
    • Canada
    • US
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • Germany
    • UK
    • France
  • South America
    • Brazil
  • Middle East and Africa

Source Insights

The coal tar segment was the largest revenue generator in 2024 and is expected to maintain a strong growth trajectory during the forecast period. Biphenyl sourced from coal tar is widely used in pharmaceuticals, and its versatility extends to industrial applications, including the production of aerospace fuels. With a rising demand for coal tar-based biphenyl, the segment is expected to see continued growth.

Application Insights

The dye carrier segment led the market in 2024, driven by the growing demand for high-quality textile products. As urbanization and fashion consciousness increase, biphenyl’s role in enhancing fabric quality becomes more important, especially in polyester textiles. The pharmaceutical segment, which uses biphenyl as a solvent in drug manufacturing, also plays a critical role in market growth, particularly for chronic disease treatments.

Regional Analysis

The Asia-Pacific region is expected to grow at the highest CAGR during the forecast period. Countries like India, China, and Japan are seeing significant growth due to increased industrialization and demand from key sectors such as textiles, agriculture, and food & beverages. In particular, the textile sector in India is rapidly growing, which is driving the demand for biphenyl-based dye carriers. Additionally, biphenyl’s use in agriculture as a fungicide for crops is further boosting demand in this region.

Market Dynamics

Our biphenyl market researchers analyzed key drivers, trends, and challenges with 2024 as the base year. A holistic analysis will help companies refine their strategies to capitalize on emerging opportunities.

What are the key market drivers leading to the rise in adoption of the Biphenyl Market?

The key drivers include the growing demand for biphenyl in food preservation, particularly in packaged food, where it is used to prevent fungal growth. Additionally, the expanding pharmaceutical sector, which requires biphenyl for treating diseases such as hypertension, diabetes, and Alzheimer’s, is also fueling market growth. The rise of urbanization and an increasing preference for high-quality textile products further support the adoption of biphenyl in the textile industry.

What are the market trends shaping the Biphenyl Market?

Key trends include the increasing adoption of biphenyl in sustainable food packaging to extend shelf life, and its growing use in the production of functional and effective pharmaceuticals. Additionally, as the demand for quality textiles rises, biphenyl’s role as a dye carrier is becoming more critical. Companies are focusing on expanding biphenyl’s use in new applications, such as agricultural fungicides and specialty chemical intermediates.

What challenges does the Biphenyl Market face?

One of the main challenges is the health risks associated with exposure to biphenyl, which can cause skin and eye irritation and more serious long-term effects such as liver and kidney dysfunction. As such, companies must address regulatory concerns and ensure safe handling practices in the production process. Additionally, rising production costs, especially for raw materials like coal tar, may also affect market profitability.

Key Companies & Market Insights

Leading companies in the biphenyl market are focusing on strategic partnerships, geographical expansion, and technological innovations to enhance their market presence. These companies include:

• ABacipharm Corporation
• Alfa Aesar
• Biosynth Carbosynth
• Daken Chemical Limited
• Eastman Chemical Company
• Henan Tianfu Chemical Co., Ltd
• Lanxess AG
• MainChem
• Merck kGaA
• Oakwood Products, Inc.
• Otto Chemie Pvt. Ltd.
• Springchem New Material Technology Co., Limited
• Taj Pharmaceuticals Ltd.
• TCI America

These companies are actively working on product innovation, geographical expansion, and improving manufacturing processes to meet growing demand from key sectors like pharmaceuticals, textiles, and food preservation.

Market Scope

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