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.
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.
The study on the Global Acid Chlorides Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The report offers an accurate forecast estimation of the Acid Chlorides industry based on the recent technological and research advancements. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Acid Chlorides market.
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It focuses on the recent mergers acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.
The report also discusses the key players involved in the market such as
BASF, Novaphene, CABB Chemicals, Orion Chem Pvt. Ltd., Wilmar International, Transpek Industry Ltd., VanDeMark Chemical, Inc., Kuhlmann Europe, R. Drugs and Intermediates Pvt. Ltd.
Key insights presented in the report:
- Market revenue shares by major business players, by type, by application, and market scope of global Acid Chlorides market
- Sales revenue by key players and new entrants
- Competitive analysis of the key players including aspects such as company overview, product or services specification, vendors, and buyers.
- Recent mergers, acquisitions, product launches, recent investments, and joint ventures
- Regional analysis to provide insight to recent trends and opportunities
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The report further offers a complete value chain analysis along with an analysis of the downstream buyers and upstream raw materials. The study focuses on global trends, regulatory frameworks, and macro- and micro-economic factors. The report also provides an extensive analysis of the segment and sub-segmented expected to dominate the market over the projected period. The report offers a forecast estimation of the market with regards to the analysis of the market segmentation, including product type, end-user industries, application spectrum, and other segments.
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
- Others
Application Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2019-2030)
- Chemical Reagents
- Plastics and Pigments
- Organic Peroxides
- Agrochemical Production
- Pharmaceutical Production
- Others
End-Use Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2019-2030)
- Pharmaceutical Industry
- Agricultural Industry
- Plastics Industry
- Dyes and Inks Industry
- Cosmetic Industry
- Others
The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.
Regional Analysis of the Acid Chlorides Market:
- 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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