News Release: July 30, 2025
2-Nitrophenyl Phenyl Sulfide Price Trend and Production News
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2-Nitrophenyl Phenyl Sulfide Price Trend in Past Five Years and Factors Impacting Price Movements (2019–2024)
Between 2019 and 2024, the 2-Nitrophenyl Phenyl Sulfide price trend showed notable volatility driven by multiple economic, geopolitical, and sector-specific factors. Prices saw incremental growth from 2019 to 2021, followed by significant fluctuations during the 2022–2023 global supply chain instability. In 2019, the average 2-Nitrophenyl Phenyl Sulfide price stood around $4,100/MT. This gradually rose to approximately $4,600/MT in 2020 as demand from the pharmaceutical and agrochemical sectors picked up. By mid-2021, prices had peaked at $5,050/MT, driven by higher raw material costs and constrained logistics in East Asia.
In 2022, global transportation bottlenecks, increased energy costs, and labor shortages caused another spike, pushing prices up to $5,400/MT. However, in early 2023, prices briefly declined to $4,800/MT due to weakening downstream demand and improved logistics in key manufacturing hubs like China and India. A rebound followed in Q3 2023 as inventory shortages in Europe and new regulatory controls in North America tightened global supply, elevating the average price to $5,300/MT.
Throughout this five-year stretch, the 2-Nitrophenyl Phenyl Sulfide price trend has also been impacted by regional production limitations, shifts in end-use industries, and import-export tariffs. The compound’s widespread use in chemical intermediates and complex syntheses created sustained demand even amidst macroeconomic instability. In 2024, average global prices stabilized at around $5,000/MT due to balanced production and demand alignment.
Additionally, environmental policies governing phenyl sulfide derivatives in the EU and North America led to plant upgrades and partial shutdowns, temporarily affecting supply and pricing. Meanwhile, China’s competitive manufacturing costs kept global pricing in check through most of 2023 and 2024.
Raw material availability, particularly phenol and sulfur derivatives, played a critical role in shaping the 2-Nitrophenyl Phenyl Sulfide price trend. Volatile petroleum markets and tightening of environmental compliance have made sourcing more expensive. These factors, combined with evolving freight rates and bulk shipping limitations, are expected to continue influencing future prices.
Market watchers forecast a moderate upward trend in pricing into early 2025, with expectations of $5,200/MT or higher depending on energy input cost fluctuations and emerging industrial demand in Asia-Pacific.
2-Nitrophenyl Phenyl Sulfide Price Trend Quarterly Update (2024–2025, estimated average $/MT)
- Q1 2024: $5,100/MT
- Q2 2024: $5,000/MT
- Q3 2024: $5,050/MT
- Q4 2024: $5,200/MT
- Q1 2025: $5,300/MT (estimated)
- Q2 2025: $5,350/MT (estimated)
Quarterly fluctuations reflect changes in global crude oil benchmarks, import taxes in Europe, and raw material availability in Southeast Asia. Increasing regulatory compliance in North America is also pushing up prices marginally in Q2 2025. Inventory tightening from reduced production in Germany and Japan has led to higher Q2 2025 prices.
Global 2-Nitrophenyl Phenyl Sulfide Import-Export Business Overview (2024–2025)
In 2024, the global 2-Nitrophenyl Phenyl Sulfide import-export landscape experienced significant shifts in volume and destination owing to trade policy reforms, shifts in demand centers, and production cost restructuring. The global 2-Nitrophenyl Phenyl Sulfide sales volume in 2024 was estimated at around 18,000 MT, with Asia-Pacific contributing nearly 55% to both exports and consumption. China, India, and South Korea remained dominant exporters, supported by large-scale manufacturing and cost-effective synthesis.
China retained its lead, exporting over 6,500 MT in 2024. India followed with 2,900 MT in exports, capitalizing on lower operational costs and expanding chemical processing zones. Meanwhile, South Korea exported approximately 1,300 MT, primarily to the EU and Japan. These countries collectively accounted for nearly 60% of global 2-Nitrophenyl Phenyl Sulfide exports in 2024.
Europe, led by Germany, the Netherlands, and Belgium, continued to be the largest importers, together accounting for around 5,800 MT of global demand. German firms imported about 2,000 MT, driven by high pharmaceutical and agrochemical intermediate needs. Stringent REACH compliance protocols in the EU have also led companies to depend more on consistent Asian supply chains rather than developing domestic production capacity.
In North America, the United States imported around 1,800 MT in 2024. However, increasing domestic regulatory pressure on import-dependent specialty chemicals may push U.S. firms to localize production over the next two years. This shift could potentially reduce U.S. import reliance by up to 10% by the end of 2025. Canada and Mexico contributed modestly to the North American consumption of 2-Nitrophenyl Phenyl Sulfide, with collective imports of nearly 500 MT.
The Middle East and Africa are emerging markets, though current import volumes are limited. UAE and Saudi Arabia are exploring downstream investments, potentially creating new demand nodes in the region by 2026. Latin American countries such as Brazil and Argentina reported combined imports of around 700 MT in 2024, largely for agricultural applications.
2-Nitrophenyl Phenyl Sulfide production in 2024 was concentrated in China (8,000 MT), India (4,000 MT), and Japan (2,200 MT). Japan saw a marginal decline in production due to stricter emission rules and cost pressures. Meanwhile, India increased output by nearly 12% compared to 2023, benefiting from favorable government policies and raw material subsidies.
The year 2025 has already seen important developments. In Q1 2025, a major chemical producer in China announced the expansion of its phenyl sulfide unit with an additional capacity of 1,200 MT/year. Simultaneously, a South Korean firm entered a joint venture with a U.S.-based specialty chemical company to build a new plant in Texas by early 2026. These developments are expected to rebalance the global trade flows and reduce transport costs for North American buyers.
Rising environmental compliance costs in the EU and labor shortages in key ports, such as Rotterdam and Antwerp, have impacted European import volumes in early 2025. Consequently, more European buyers are seeking direct long-term contracts with Indian suppliers to minimize procurement volatility.
The 2-Nitrophenyl Phenyl Sulfide price news remains an active topic in trade forums due to the changing dynamics in the global specialty chemical space. Short-term price forecasts suggest further tightening due to increased consumption in electronics and polymer additive sectors, especially in Japan and South Korea.
The shift in demand also reflects broader changes in the 2-Nitrophenyl Phenyl Sulfide sales volume landscape. Electronics and advanced coatings industries are increasingly becoming significant demand drivers, apart from the traditional agrochemical and pharmaceutical sectors.
In summary, the global import-export business for 2-Nitrophenyl Phenyl Sulfide in 2025 is navigating through transformations in cost, policy, and technology. While Asia continues to dominate production and exports, regional policy developments in North America and Europe are reshaping procurement strategies. Global buyers are becoming more strategic in contract management, inventory planning, and diversification of sourcing channels to manage 2-Nitrophenyl Phenyl Sulfide price trend volatility effectively.
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2-Nitrophenyl Phenyl Sulfide Production Trends by Geography
The global production of 2-Nitrophenyl Phenyl Sulfide has witnessed a gradual shift in recent years, primarily influenced by changing manufacturing capabilities, environmental regulations, regional cost advantages, and demand from downstream industries. Major regions dominating the production landscape include Asia-Pacific, North America, and parts of Europe. The compound, known for its relevance in fine chemicals, pharmaceutical intermediates, and advanced materials, is now strategically manufactured in geographies offering competitive advantages in terms of raw materials, labor, and regulatory flexibility.
Asia-Pacific: Leading the Global Production Landscape
The Asia-Pacific region, led by China and India, is at the forefront of 2-Nitrophenyl Phenyl Sulfide production. China contributes the highest output globally, with major production hubs situated in Jiangsu, Shandong, and Zhejiang provinces. These regions benefit from established chemical infrastructure, lower labor costs, and a strong local supply chain for raw materials such as thiophenol and nitrophenol derivatives.
In China, technological upgrades in manufacturing facilities have enabled producers to optimize yields and reduce environmental impact. The Chinese government’s recent push for sustainable chemical production has encouraged the adoption of cleaner synthesis routes without compromising scale. Additionally, integrated production clusters allow Chinese producers to leverage economies of scale.
India ranks second in Asia-Pacific production. Indian producers, primarily located in Gujarat and Maharashtra, have increased their market share due to favorable government incentives and export-oriented policies. Indian manufacturers have capitalized on rising international demand by scaling production and entering long-term supply contracts with buyers in the U.S. and EU. Many Indian plants have also adopted advanced continuous-flow manufacturing to increase output while meeting stricter regulatory standards.
Japan and South Korea are smaller yet technically advanced producers of 2-Nitrophenyl Phenyl Sulfide. Their production volumes are relatively modest, but they focus on high-purity grades for specialty applications in electronics and polymers. Japanese production has slowed slightly due to rising energy costs and aging infrastructure, but local demand for high-grade phenyl sulfide derivatives remains strong.
North America: Stable but Controlled Production
North America, particularly the United States, maintains moderate levels of 2-Nitrophenyl Phenyl Sulfide production. Most facilities are concentrated in Texas, Louisiana, and New Jersey. These plants cater primarily to domestic demand and operate under stringent environmental guidelines imposed by agencies such as the EPA.
U.S. production is supported by robust R&D capabilities and vertical integration within large chemical conglomerates. However, the overall output remains limited compared to Asia due to higher production costs and environmental compliance expenditures. The region is witnessing renewed investment in capacity expansion projects due to rising demand in advanced materials and pharma applications. A new facility slated for completion in early 2026 is expected to increase regional production by 20%.
Europe: Regulation-Driven Production Adjustments
Europe’s production of 2-Nitrophenyl Phenyl Sulfide is primarily based in Germany, Belgium, and the Netherlands. German producers have traditionally led the region, but recent challenges such as energy price surges and labor shortages have strained output. Additionally, the EU’s strict environmental regulations have led to partial shutdowns or modernization of existing facilities.
Despite these challenges, European manufacturers focus on producing high-quality and eco-friendly variants of 2-Nitrophenyl Phenyl Sulfide. Production volumes are lower than Asia-Pacific, but the region continues to serve critical demand from pharma and agrochemical sectors. Imports from Asia supplement production shortfalls.
Middle East and Latin America: Emerging Players
While current production levels in the Middle East and Latin America are limited, countries like Saudi Arabia and Brazil are exploring investment in niche chemical manufacturing. As part of their diversification strategies, these regions are establishing industrial clusters to reduce reliance on imports and attract foreign investment.
The Middle East’s access to low-cost raw materials and infrastructure development could lead to a rise in 2-Nitrophenyl Phenyl Sulfide production over the next five years. Latin American countries, on the other hand, are at the early stages, with pilot-scale production and feasibility studies underway.
Conclusion
Global production trends clearly highlight the Asia-Pacific region’s dominance in both capacity and innovation, followed by selective production in North America and Europe, each adapting to their regulatory and cost environments. The geographical distribution of production is expected to widen as newer players invest in specialty chemical manufacturing. The industry will likely experience increased regional balancing in the coming years, especially as downstream demand patterns shift and new environmental standards are enforced globally.
2-Nitrophenyl Phenyl Sulfide Market Segmentation
Segments:
- By Application
- By End-Use Industry
- By Purity Level
- By Region
Explanation of Leading Segments
1. By Application
The application-based segmentation is one of the most significant for 2-Nitrophenyl Phenyl Sulfide. The compound finds use primarily as an intermediate in organic synthesis. Key applications include:
- Pharmaceutical intermediates
- Agrochemical synthesis
- Dyes and pigments
- Specialty polymers
- Research chemicals
Pharmaceutical applications represent the leading segment. 2-Nitrophenyl Phenyl Sulfide is used in the synthesis of several biologically active compounds. With the continued growth in global pharmaceutical manufacturing, especially in Asia-Pacific and the U.S., demand from this segment remains consistently high. Regulatory approvals and patent drug synthesis drive volume growth.
Agrochemical applications form the second-largest segment, as the compound plays a critical role in producing fungicides and herbicide intermediates. With the agricultural sector modernizing across developing regions, consumption of these chemicals has risen sharply, contributing to steady 2-Nitrophenyl Phenyl Sulfide sales volume.
Specialty polymers and dye intermediates also account for growing applications. In high-performance coatings and electronic materials, the compound offers desirable chemical properties that make it suitable for advanced functional materials.
2. By End-Use Industry
- Pharmaceuticals
- Agriculture
- Chemicals and intermediates
- Electronics
- Academic and R&D Institutions
The pharmaceutical industry dominates the end-use segmentation, contributing to over 40% of global demand. As pharmaceutical manufacturing grows, especially generics and API production in India and China, the use of 2-Nitrophenyl Phenyl Sulfide continues to expand.
The agricultural sector is another key industry. Countries like Brazil, the U.S., and India show rising demand for crop protection chemicals, leading to greater consumption of chemical intermediates, including phenyl sulfide derivatives.
In the electronics and specialty materials sector, although volumes are lower, the demand for high-purity grades is rising. Advanced electronics and sensors increasingly require high-performance organic compounds, where 2-Nitrophenyl Phenyl Sulfide fits niche roles.
R&D institutions and laboratories also represent a modest but stable segment, driven by ongoing research in synthetic chemistry and material science.
3. By Purity Level
- Above 98% purity
- 95% to 98% purity
- Below 95% purity
The majority of the market demand centers around the above 98% purity segment, especially for pharmaceutical and electronics applications. These high-purity grades command higher prices and are mostly produced in Japan, South Korea, and select plants in Europe and the U.S.
The 95–98% purity range is more commonly used in agrochemical and general industrial applications, providing a good balance of performance and cost. This is the most traded grade in global supply chains, primarily exported from India and China.
Lower purity grades are used sparingly and are more common in non-critical industrial processes where stringent quality specifications are not required.
4. By Region
- Asia-Pacific
- North America
- Europe
- Latin America
- Middle East & Africa
Asia-Pacific is the largest regional market, both in production and consumption. Rapid industrialization, pharmaceutical expansion, and favorable manufacturing economics make this region the key growth engine.
North America follows, with a mature market focused on specialty applications. The U.S. market prioritizes quality and regulatory compliance, leading to higher import prices.
Europe is next in line, with high dependence on imports and high-quality domestic production. The region’s sustainability drive is reshaping product specifications.
Latin America and the Middle East & Africa are emerging markets with growing interest in localized production and consumption, expected to gain volume share over the next five years.