openPR Logo
Press release

Carboxylic Acid Chlorides Market Demand Would Increase Rapidly

Carboxylic Acid Chlorides Market Demand Would Increase Rapidly

Carboxylic Acid Chlorides Market: Overview

Carboxylic acid chlorides or acyl chlorides are organic compounds with a chlorine atom bound to an acyl group. Carboxylic acid chlorides are also known as acid chlorides. Carboxylic acid chlorides are commonly used for conversion of carboxylic acid into acyl chloride and then into ethanoyl chloride. Carboxylic acid chlorides are highly reactive carboxylic acid derivatives.

Read report Overview@

https://www.transparencymarketresearch.com/carboxylic-acid-chlorides-market.html

Key Drivers of Carboxylic Acid Chlorides Market

Growth in population is expected to drive the consumption of agricultural commodities. Demand for cereals, vegetable oils, and sugarcane as raw materials for the production of biofuels is expected to rise in the near future. The agricultural sector is anticipated to expand in Sub-Saharan Africa, South and East Asia, as well as the Middle East, and North Africa. Rise in production is estimated to be achieved primarily through intensification and efficiency gains and partially through expansion of the production base via the conversion of pasture to cropland. China is the largest cereal producer in the world. It accounts for 20% of global output, followed by the U.S., India, and Russia. Thus, growth in agriculture and need for better quality of agricultural commodities are driving the demand for fertilizers. This, in turn, is projected to boost the carboxylic acid chlorides market.

Request PDF Brochure@

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=74951

Key Segment of Carboxylic Acid Chlorides Market

Based on type, the global carboxylic acid chlorides market can be segmented into pivaloyl chloride, valeroyl chloride, terephthaloyl chloride, and isophthaloyl chloride. Pivaloyl chloride is majorly used in synthesis of organic peroxides, building block for pharmaceuticals & agrochemicals, reagent for protection of alcohols, preparation of t-Butyl ketones, and synthesis of mixed anhydrides.
Valeroyl chloride is widely used as an intermediate for pharmaceuticals, agrochemicals, surfactants, fragrances, and electronic chemicals. Terephthaloyl chloride, also known as 1,4-benzenedicarbonyl chloride, the acid chloride of terephthalic acid, is primarily used to make specialty polymers, primarily aromatic polyamides or aramids.
Europe Projected to Hold Large Share of Global Carboxylic Acid Chlorides Market

The pharmaceutical industry in Europe was valued at more than US$ 208.1 Mn in 2018, making Europe the second-largest pharmaceutical market in the world. Germany, France, Italy, the U.K., and Spain are the top five markets in the region. The pharmaceutical industry in Germany was valued at around US$ 54.5 Mn in 2018. Germany accounts for 24% share of the market in the region. Expansion in the pharmaceutical industry in Europe is anticipated to drive the carboxylic acid chlorides market.

Europe accounted for 22% share of global pharmaceutical sales from 2012 to 2017, and 18% of sales of new drugs were attributed to the market in Europe. The total volume of medicinal products consumed globally is estimated to rise by about 3% annually by 2021.

Governments of countries in Asia Pacific such as China and India are providing subsidies in order to increase agriculture production. This is driving the carboxylic acid chlorides market in the region.
Europe is an important region of the global agricultural industry in terms of agricultural land and agricultural production. Grassland and cropland together make up 39% of Europe's land cover. Fertilizer is considered a macro-nutrient and is widely used in agricultural field. Expansion in the agrochemical industry is likely to propel the carboxylic acid chlorides market in Europe.

The agriculture industry in Asia Pacific is expanding due to the vast population in the region. Asia Pacific plays an important role in the global food chain, accounting for 19% of total global food and agriculture exports and 31% of total food and agriculture imports. Fertilizers are extensively employed in the region to increase yield and improve quality of crops. This is driving the demand for carboxylic acid chlorides.

Key Players in Carboxylic Acid Chlorides Market

The global carboxylic acid chlorides market is highly fragmented, with the top manufacturers accounting for approximately 20% to 30% share. Key players operating in the carboxylic acid chlorides market include:

Lubon Industry Co.,Ltd.
BASF SE
Shandong Jiahong Chemical Co., Ltd.
AIHENG INDUSTRY
Shandong Minji Chemical Co., Ltd.
Hebei Tianja Technology Co., Ltd.
Hebei Fude Chemical Technology Co.,Ltd.

Contact

Transparency Market Research,

90 Sate Street, Suite 700,

Albany, NY 12207

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: https://www.transparencymarketresearch.com/

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts so that it always reflects latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Carboxylic Acid Chlorides Market Demand Would Increase Rapidly here

News-ID: 1910831 • Views:

More Releases from Transparency Market Research

Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights for the USD 15.9 Bn Market 2022-2031
Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights f …
The global handheld marijuana vaporizer market has witnessed remarkable growth in recent years, attributed to the increasing acceptance of medicinal marijuana and the demand for convenient and discreet consumption methods. Valued at US$ 5 billion in 2021, the market is projected to surge at a CAGR of 13.4% to reach US$ 15.9 billion by 2031. This article delves into the factors driving this growth, the evolving market landscape, and the
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And Competitors
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And …
The COVID-19 pandemic has precipitated a remarkable surge in the demand for disinfectant products, with a notable emphasis on disinfectant wipes as an essential tool in maintaining hygiene and preventing the spread of pathogens. This research report delves into the multifaceted landscape of the disinfectant wipes market, elucidating key trends, drivers, and innovations shaping the industry. 𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=70359 Key Players and Market Developments Key players
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Study
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Stud …
The global 𝐭𝐢𝐬𝐬𝐮𝐞 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 reached a value of US$ 1,056.4 million in 2017 and is projected to nearly triple to US$ 2,903.3 million by 2026, with a robust Compound Annual Growth Rate (CAGR) of approximately 12.0% from 2018 to 2026. Factors such as increasing awareness about tissue donation, technological advancements, and a growing target patient population are anticipated to propel market growth during this period. Moreover, the market is expected
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
This report by Transparency Market Research, Inc. assesses the present state and future growth potential of the global 𝐯𝐚𝐬𝐜𝐮𝐥𝐚𝐫 𝐜𝐥𝐨𝐬𝐮𝐫𝐞 𝐝𝐞𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭. It features a comprehensive executive summary, offering insights into various segments of the market. Additionally, the report provides detailed analysis and data on product, access type, application, end user, and regional segments within the global market. Vascular closure devices is estimated to reach a value of ~US$ 1 Bn

All 5 Releases


More Releases for Carboxylic

Carboxylic Acid Market to Witness Growth Acceleration During 2025
Global Carboxylic Acid Market: Snapshot The global market for carboxylic acid is characterized by stiff competition on account of the presence of a large number of players who are involved in increasing their production capacities to outgun their rivals. The fragmented market is seeing swift progress on account of such initiatives of keen players. Some such prominent savvy participants in the market are Celanese Corporation, BASF SE, Eastman Chemical Company, The
Worldwide Carboxylic Acid Market Top Trends and Sophisticated Demand 2025
Global Carboxylic Acid Market: Snapshot The global market for carboxylic acid is characterized by stiff competition on account of the presence of a large number of players who are involved in increasing their production capacities to outgun their rivals. The fragmented market is seeing swift progress on account of such initiatives of keen players. Some such prominent savvy participants in the market are Celanese Corporation, BASF SE, Eastman Chemical Company, The
Carboxylic Acids Market Size by 2025: QY Research
In the recently published report, QY Research has provided a unique insight into the global Carboxylic Acids market for the forecasted period of 7-years (2018-2025). The report has covered the significant aspects that are contributing the growth of the global Carboxylic Acids market. The primary objective of this report is to highlight the various key market dynamics such as drivers, trends, and restraints that are impacting the global Carboxylic Acids market. This report has
Carboxylic Acid Market Hamper its Growth by 2025
Global Carboxylic Acid Market: Snapshot The global market for carboxylic acid is characterized by stiff competition on account of the presence of a large number of players who are involved in increasing their production capacities to outgun their rivals. The fragmented market is seeing swift progress on account of such initiatives of keen players. Some such prominent savvy participants in the market are Celanese Corporation, BASF SE, Eastman Chemical Company, The
Carboxylic Acids Market : Global Snapshot by 2022
OrbisResearch.com Publish New Market Research Report on -“Carboxylic Acids: Applications and Global Markets to 2022”. The report provides the overview of global market scenarios of carboxylic acids and analyzes global market trends, with market data from 2016, considering 2016 as the base year and estimates for 2017 to 2022 with projections of compound annual growth rate (CAGR) in the forecast period. Value and volume forecasts from 2016 to 2022 are given
Carboxylic Acid Market - Analysis,Trends and Forecast 2017 - 2025
Global Carboxylic Acid Market: Snapshot The global market for carboxylic acid is characterized by stiff competition on account of the presence of a large number of players who are involved in increasing their production capacities to outgun their rivals. The fragmented market is seeing swift progress on account of such initiatives of keen players. Some such prominent savvy participants in the market are Celanese Corporation, BASF SE, Eastman Chemical Company, The