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Solketal Market Size, Share, Growth, Report, Forecast, Analysis, Industry Segmentation, Key Companies | Valuates Reports
Solketal Market:Solketal is a protected form of glycerol with an isopropylidene acetal group joining two neighboring hydroxyl groups. Solketal contains a chiral center on the center carbon of the glycerol backbone, and so can be purchased as either the racemate or as one of the two enantiomers. Solketal has been used extensively in the synthesis of mono-, di- and triglycerides by ester bond formation. The free hydroxyl groups of solketal can be esterified with a carboxylic acid to form the protected monoglyceride, where the isopropylene group can then be removed using an acid catalyst in aqueous or alcoholic medium. The unprotected diol can then be esterified further to form either the di- or triglyceride.
Due to the COVID-19 pandemic, the global Solketal market size is estimated to be worth US$ 17 million in 2022 and is forecast to a readjusted size of US$ 6 million by 2029 with a CAGR of -13.5% during the forecast period 2023-2029.
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Fully considering the economic change by this health crisis, Purity Less Than 96% accounting for % of the Solketal global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029.
While Pharmaceutical Intermediates segment is altered to an % CAGR throughout this forecast period.
Asia-Pacific is the largest market with about 46% market share. North America and Europe are follower, accounting for about 46% market share.
The key players are Solvay, Loba Feinchemie AG, CM Fine Chemical, Chemos GmbH, Suzhou ChonTech BioPharma, Beyond Industries etc. Top 3 companies occupied about 50% market share.
The global Solketal market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Solketal market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
• Purity Less Than 96%
• Purity: 96%-98%
• Purity More Than 98%
Segment by Application
• Pharmaceutical Intermediates
• Solvent
• Others
BY REGION
• United States
• Europe
• China
• Japan
• Southeast Asia
• India
• Other Regions
BY COMPANY
• Solvay
• Loba Feinchemie AG
• CM Fine Chemical
• Chemos GmbH
• Suzhou ChonTech BioPharma
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