Press release
Thionyl Chloride Market is set for lucrative growth during 2021-2031 | Size, Share, Demand and Opportunities Analysis | Shandong Kaisheng New Materials, Lanxess AG, SUMITOMO SEIKA CHEMICALS CO., LTD.
Global Thionyl Chloride Market report from Global Insight Services is the single authoritative source of intelligence on Thionyl Chloride Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.Thionyl chloride is an inorganic compound with the chemical formula SOCl2. It is a colourless liquid with a pungent odour. It is a powerful oxidising agent and is used in a variety of applications, including as a drying agent, in organic synthesis, and in the production of sulfonyl chlorides.
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Key Trends
The key trends in Thionyl Chloride technology are miniaturization, improved performance, and increased safety. Miniaturization is important for Thionyl Chloride technology because it allows for smaller, more portable devices that use less power. This is important for Thionyl Chloride technology because it can be used in a variety of applications, including medical devices and portable electronics. Improved performance is another key trend in Thionyl Chloride technology. This means that devices using Thionyl Chloride technology are more efficient and provide better results. Finally, increased safety is a key trend in Thionyl Chloride technology. This means that devices using Thionyl Chloride technology are less likely to cause harm to users or the environment.
Key Drivers
The key drivers of the thionyl chloride market are its properties, such as high solvency, low volatility, and high thermal stability. Thionyl chloride is used as a chlorinating agent in a number of industries, such as chemical manufacturing, pharmaceuticals, and agriculture.
The increase in the use of thionyl chloride in the production of sulfonyl chlorides, esters, and amides is expected to drive the growth of the thionyl chloride market. Thionyl chloride is used as a chlorinating agent in the production of sulfonyl chlorides, which are used as intermediates in the synthesis of agrochemicals and pharmaceuticals. The demand for thionyl chloride is expected to increase in the Asia-Pacific region, due to the growing demand for agrochemicals and pharmaceuticals in the region.
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Market Segments
By Purity:
• Purity ≥ 99.5%
• Purity < 99.5%
By Application:
• Dyes
• Pesticides
• Pharmaceutical Agents
• Chemical Synthesis
By Region:
• North America
• The U.S.
Key Players:
• Shandong Kaisheng New Materials
• Lanxess AG
• SUMITOMO SEIKA CHEMICALS CO., LTD.
• Jiang Xi Selon Industry
• China Pingmei Shenma Group
• CABB
• Transpek
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