Mononitrobenzene (MNB) production in 2025 is witnessing steady growth, primarily driven by its application in the synthesis of aniline, which is a precursor for various chemicals and dyes. The global nitrobenzene market size is projected to grow from USD 10.96 billion in 2024 to USD 11.67 billion in 2025, at a CAGR of 6.5% . This growth is attributed to the increasing demand in the electronics, plastics, and synthetic fiber manufacturing sectors. In Q1 2025, nitrobenzene prices in the U.S. trended downward, reflecting a continued imbalance between weak demand and steady production . The market faced persistent pressure due to sluggish consumption from downstream sectors like aniline, dyes, and rubber chemicals, coupled with inflation-driven feedstock volatility and broader macroeconomic uncertainty.