Press release
Global Ethyl Cyanoacetate Market Research Report 2023
North American market for Ethyl Cyanoacetate is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Ethyl Cyanoacetate is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Ethyl Cyanoacetate include HeiBei ChengXin, Tiande Chemical, Tateyama, Triveni Chemicals, Degussa, Changzhou Kangrui Chemicals, Emco Dyestuff, Ava Chemicals and Yash Rasayan & Chemical, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
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Here are some key points about the ethyl cyanoacetate market:
Applications: Ethyl cyanoacetate is primarily used as an intermediate or starting material in the synthesis of various compounds. It is widely utilized in the pharmaceutical industry for the production of drugs, particularly in the synthesis of barbiturates and anticancer drugs. It is also employed in the production of agrochemicals such as herbicides and insecticides. Additionally, ethyl cyanoacetate is utilized in the manufacturing of dyes, pigments, flavors, and fragrances.
Chemical Synthesis: Ethyl cyanoacetate is typically synthesized through the reaction of ethyl acetoacetate with sodium cyanide or hydrogen cyanide. The process involves the formation of a cyano group (-CN) by replacing one of the groups in ethyl acetoacetate. The resulting ethyl cyanoacetate is then purified and made available for commercial use.
Market Trends: The demand for ethyl cyanoacetate is influenced by the growth and development of its end-use industries, including pharmaceuticals and agrochemicals. Factors such as population growth, increasing healthcare needs, and agricultural practices impact the market for ethyl cyanoacetate. Additionally, research and development activities in the pharmaceutical industry contribute to the demand for this compound.
Regional Production: Ethyl cyanoacetate is produced by various manufacturers globally. The production capacity and market presence may vary across different regions, including North America, Europe, Asia Pacific, and other parts of the world. Factors such as availability of raw materials, manufacturing capabilities, and market demand influence regional production and supply dynamics.
Regulatory Considerations: The production, handling, and use of ethyl cyanoacetate are subject to regulatory requirements and safety standards imposed by local and international authorities. Compliance with regulations related to chemical handling, transportation, storage, and waste management is essential for manufacturers and users of ethyl cyanoacetate.
Segment by Type
Pharma Grade Ethyl Cyanoacetate
Industrial Grade Ethyl Cyanoacetate
Segment by Application
Pharmaceutical
Agrochemical
Dyes
Adhesive
Production by Region
North America
Europe
China
Japan
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Product Name - Ethyl Acetate
HS Code - 29153100
Molecular Weight - 88.11g/mol
Chemical Formula - CH3COOC2H5
Synonyms - 141-78-6, Ethyl Ethanoate, Acetic Acid Ethyl Ester, Acetoxyethane, Acetic Ester
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability - Yes
Customization Scope - Our services can be customized as per the requirements of the customer
Post-Sale Analyst Support - 360-degree analyst support after service delivery
Region/Countries for which Data is available
Asia Pacific: China, India, Indonesia, Pakistan,…
