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Biphenyl Price Trend Analysis 2026: Price Drivers, Supply Demand Analysis, Market Insights, Historical Prices & Latest News

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Written ByUdeesha Tomar

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Biphenyl Price Trend H2 2023

Biphenyl functions as a precursor in the synthesis of polychlorinated biphenyls, an ingredient used in electrical equipment, and as a heat transfer medium in liquid-phase heat exchange systems. Further, biphenyl is an essential component used in herbicides and insecticides. Biphenyl market demand is thus majorly driven by the need for effective PCBs and agricultural chemicals, as well as the requirement for efficient heat transfer systems in industries including electronics, chemicals, and pharmaceuticals.

In Asia, particularly in China and India, biphenyl prices fell due to a corresponding decrease in toluene prices, affecting market trends negatively. Similarly, the South Korean biphenyl market experienced a downturn during this period as the consumer demand and the sales figures of the downstream industries nosedived due to the rising concerns over an industrial slowdown in Asian countries. In Europe, biphenyl prices also declined, although logistic disruptions caused by conflicts in the Middle East and Europe, such as the Israel-Hamas war and the Russian conflict, had some impact on supplies.

Despite these disruptions, inventory levels managed to meet meek industry demands. In North America, economic disturbances, including the failure of major banks, initially kept industrial activities and the procurement rates of biphenyl low. However, gradual improvements supported biphenyl prices, although high inventories continued to dominate market sentiments across the region.

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The biphenyl market is primarily influenced by its feedstock compound, benzene, so the price trend for Biphenyl closely follow benzene price patterns. The prices varied in a mixed pattern throughout the first two quarters of 2023.

Uneven supply–demand dynamics kept the prices oscillating. High crude oil and energy prices pushed the upstream costs up, but at the same time, slow demands from downstream sectors would pull the market down. Biphenyl prices remained tugged among different factors of influence.

Prices moved up initially in the first quarter as the disrupted supply chains and port congestions blocked the supplies and caused product shortages in the market. The supplies were restored in the second quarter owing to port clearance and new trade routes; however, the downstream demands failed to support the price growth, and depreciating trend were observed.

About Biphenyl

Biphenyl is basically an organic compound that forms colourless crystals. It has a distinctively pleasant smell. It is insoluble in water. Its vapours are heavier than air. It is often utilised to produce other chemicals and is used as a fungicide.

Biphenyl Product Detail

Chemical Formula

C12H10

Cas Number
92-52-4
Molecular Weight
154.21g/mol
Industrial Uses

Functional fluids (closed systems), Heat transfer fluids, Processing aids, Used while reducing the radical anion with lithium.

Synonyms

1,1'-Biphenyl, Phenylbenzene, Diphenyl

Supplier Database

Acros Organics, Alpha Chemika, Sisco Research Laboratories Pvt. Ltd

Regional Coverage

Asia Pacific

China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe

Germany, France, United Kingdom, Italy,Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America

United States and Canada

Latin America

Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa

South Africa, Nigeria, Egypt, Algeria, Morocco

CurrencyUS$ (Data can also be provided in local currency)

Supplier Database AvailabilityYes

Customization ScopeThe report can be customized as per the requirements of the customer

Post-Sale Analyst Support360-degree analyst support after report delivery



Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Biphenyl Production Processes

  • Production of Biphenyl via Benzene

Biphenyl can be produced by heating bromobenzene with sodium along with subsequent distillation. It can also be produced by passing benzene through a red-hot iron tube.

About the Author

Udeesha Tomar profile photo

Udeesha Tomar

AVP - Strategy and Solutions

Leading procurement research solutions across chemicals, materials, and food & beverages, with expertise in price forecasting and market analytics.

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