Europic Chloride Market Revenue Sizing Outlook Appears Bright

According to Allied Market Research, the global europic chloride market was valued at $136.6 million in 2021 and is projected to reach $254.7 million by 2031, with a CAGR of 6.5% from 2022 to 2031. This comprehensive report provides an in-depth analysis of the market dynamics, segmentation, value chain, key investment pockets, regional scenarios, and competitive landscape.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: https://www.alliedmarketresearch.com/request-sample/17377

Growth Drivers and Challenges

Drivers:

Increased use of europic chloride as a food preservative.
Growing demand for europic chloride in the production of chlorine gas and metals.

Challenges:

Health risks associated with europic chloride, such as respiratory and cardiac issues, hinder market growth.

Opportunities:

Expansion in chemical and petrochemical industries is expected to create lucrative opportunities during the forecast period.

Market Segmentation

The report offers detailed segmentation based on the end-use industry and region.

End-Use Industry:

Chemical: Held the largest market share in 2021, accounting for more than one-third of the total market share. Expected to maintain leadership status during the forecast period.
Other Segments: Includes petrochemical, marine, and others.

Region:

Asia-Pacific: Dominated the market in 2021, holding nearly half of the total market share, and is expected to continue its dominance. Projected to have the fastest CAGR of 7.1% during the forecast period.

Other Regions: North America, Europe, and LAMEA.

Key Market Players

Leading companies in the global europic chloride market include:

- AK Scientific, Inc.
- Alfa Aesar Thermo Fisher Scientific
- American Elements
- Glentham Life Sciences Limited
- MaTecK GmbH
- Otto Chemie Pvt., Ltd.
- Santa Cruz Biotechnology, Inc.
- Stanford Advanced Materials
- Strem Chemicals Inc.
- TCI Chemicals (India) Pvt., Ltd.

𝐎𝐛𝐭𝐚𝐢𝐧 𝐑𝐞𝐩𝐨𝐫𝐭 𝐃𝐞𝐭𝐚𝐢𝐥𝐬: https://www.alliedmarketresearch.com/europic-chloride-market-A16989

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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