Last updated on June 21st, 2023 at 02:32 pm
The research report provides an in-depth evaluation of the Global Acid Chlorides market drivers and restraints Market and helps the market participants intensify their footprints in the industry. The report gives a detailed analysis concentrated on the critical market dynamics such as drivers, restraints, trends, and growth opportunities to assist businesses to prepare for any challenges they might encounter in the forecast period.
Additionally, the report also gives an insight into product portfolios, costs, sales, production capacities, and market players. Raw materials, demand analysis, product flow, and distribution channels have been studied and surveyed extensively in this research report. The key growth trends and opportunities are offered through a thorough investigation and examination of the market. A detailed course of development is offered in the report along with insights into businesses connected with it, which include firms, industries, organizations, vendors, and local manufacturers.
The global Acid Chlorides market size was USD 24.40 Billion in 2021 and is expected to register a revenue CAGR of 15.7% during the forecast period. Rising demand for aspirin due to increasing prevalence of atherosclerosis and other cardiovascular diseases and steady use of acid chlorides in the pharmaceutical industry are major factors driving market revenue growth. In addition, rising usage of acid chloride-based active ingredients for agrochemical production and increasing adoption of benozyl chloride for production of perfumes and artificial tannins are some other factors expected to significantly contribute to market revenue growth.
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The report covers key points of the market, including the standards, regulations, and policy changes applied by the government on the industry for the coming years. The report encompasses thorough research carried out by the application of advanced analytical tools such as SWOT analysis and Porter’s Five Forces analysis to pinpoint the growth trends and patterns. Factors likely to influence the growth of the market, current trends, opportunities, restraining factors, and business landscape are discussed in-depth in the market study.
Key Players Profiled in the Report are:
BASF, Novaphene, CABB Chemicals, Orion Chem Pvt. Ltd., Wilmar International, Transpek Industry Ltd., VanDeMark Chemical, Inc., Kuhlmann Europe, R. Drugs and Intermediates Pvt. Ltd.
The report offers a comprehensive overview of the competitive landscape and covers company profiles, production and manufacturing capacity, product portfolio, expansion strategies, and business initiatives such as mergers and acquisitions, joint ventures, collaborations, partnerships, and product launches and brand promotions among others.
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Acid Chlorides Market Segmentation:
- Product Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2019-2030)
- Ethanoyl Chloride
- Propanoyl Chloride
- Butanoyl Chloride
- Benzoyl Chloride
- Chloroacteyl Chloride
- 2-Ethylhexanoyl Chloride
- Palmitoyl Chloride
- Application Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2019-2030)
- Chemical Reagents
- Plastics and Pigments
- Organic Peroxides
- Agrochemical Production
- Pharmaceutical Production
- End-Use Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2019-2030)
- Pharmaceutical Industry
- Agricultural Industry
- Plastics Industry
- Dyes and Inks Industry
- Cosmetic Industry
The Global Acid Chlorides Market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the Acid Chlorides market in each key region of the world. The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market.
The report offers a comprehensive breakdown of the regional analysis of the market and subsequent country-wise analysis. The regional analysis of the market comprises of production volume information, consumption volume and patterns, revenue, and growth rate for the forecast period of. According to the regional analysis, the market is primarily spread over key geographical regions as follows:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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