Biphenyl Market Size, Share, Trends, Dynamics, Forecast, & Growth Analysis

The biphenyl market is likely to grow at a CAGR of 7.5% during the forecast period of 2021-2026.

Market Drivers:
The rapid growth of the chemical industry together with growing product usage as an intermediate and solvent is likely to have a promising impact on the growth of the market during the forecast period.
Furthermore, the surge in the production of organic chemicals for use in different reactions being carried out in chemical industries such as alkylation, bromination, and chiral chemical processes, is expected to elevate the demand for biphenyl as a chemical intermediate and should promote the market for biphenyl.