Chloroacetyl Chloride Market 2022
Factors affecting Chloroacetyl Chloride Market have been studied in a detailed fashion to give a better understanding regarding the current status and the prospects. The various economic and demographic factors that influence the market have been presented in the study. The impact of important markers such as pricing, demand and supply, and population levels have been studied in this report. The forecast regarding Chloroacetyl Chloride Market extending up to the year 2026 has been provided based on the conclusions from the aforementioned factors.
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The use of chloroacetyl chloride in the production of active pharmaceutical ingredients and as an acylating agent in various reactions is expected to increase over the forecast period and fuel overall growth of the global chloroacetyl chloride market. However, adoption of substitutes of chloroacetyl chloride in herbicides and in active pharmaceutical ingredients can hamper the growth of the global chloroacetyl chloride market over the forecast period.
Key companies-
- Daicel Corporation
- ALTIVIA Petrochemicals Corporation
- CABB
- Shiva Pharmachem Ltd
- Transpek Industry Limited
- Triveni Chemicals
- Taixing Shenlong Chemical Co., Ltd
- Chengwu Chenhui Environmental Protection Technology Co., Ltd.
- Zouping Qili Additives Co.Ltd
- YiDu Jovian Industry CO., LTD
- Strategic Recommendations
- Others
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Market forecast
On the basis of manufacturing process, the global chloroacetyl chloride market can be segmented into chlorination of acetyl chloride, oxidation of 1,1-dichloroethylene, and others. The others segment is expected to witness a significant growth over the forecast period. This is mainly attributed to the development of new processes. Reaction of chloroacetic acid with chlorinating agents such as phosgene and phosphoms trichloride is expected to augment the share of the others segment over the forecast period.
On the basis of application, the global chloroacetyl chloride market can be segmented into herbicides, active pharmaceutical ingredients, and chemical production. The herbicides segment is expected to witness stagnant growth over the forecast period due to a ban in Europe as well as few other countries on the use of alachlor and butachlor herbicides that are made from chloroacetyl chloride. However, use of chloroacetyl chloride as an intermediate in other herbicides products is expected to increase 1.3X over the forecast period.
The active pharmaceutical ingredients segment is expected to witness significant growth over the forecast period. Recent outbreaks and increasing life threatening diseases have increased the demand for active pharmaceutical ingredients with complex protein assembly. Thus, it is expected to increase the demand for chloroacetyl chloride as an intermediate over the forecast period. The active pharmaceutical ingredients segment is estimated to be valued at US$ 154.6 Mn by the end of 2020.
On the basis of region, the global chloroacetyl chloride market has been segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Sales of chloroacetyl chloride in the APAC region is estimated to be valued at US$ 159.1 Mn by the end of 2020 and this region is expected to remain dominant throughout the forecast period.
Latin America is expected to witness a significant growth over the forecast period. This growth is mainly attributed to developing economies in Latin America that are investing in production facilities in agrochemicals and pharmaceuticals. Development in APIs due to increasing risk of life-threatening diseases is expected to fuel the demand for chloroacetyl chloride as a reaction intermediate in North America over the forecast period.
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Chloroacetyl Chloride Market Manufacturers
Chloroacetyl Chloride Market Distributors/Traders/Wholesalers
Chloroacetyl Chloride Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Major Highlights of Chloroacetyl Chloride Market Report:
- Chloroacetyl Chloride Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.
- The report dives deeper into the market and explains the dynamic factors bolstering market growth.
- The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.
- The report analyzes Chloroacetyl Chloride Market presence across major regions of the world.
- It determines the production & consumption capacities and demand & supply dynamics of each regional market.
- The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.
- It provides company overview and SWOT analysis of each of the market players.
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