Propionyl Chloride Market Forecast Driven by Growth in Pharmaceuticals and Agrochemical Synthesis | Valuates Reports

Propionyl Chloride Market
Propanoyl chloride is an acyl chloride with a three-carbon chain. It shows the characteristic reactions of acyl chlorides.
The global Propionyl Chloride market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.

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The propionyl chloride market is experiencing strong market growth, driven by its critical use in organic synthesis for pharmaceuticals, pesticides, and plant regulators. The market size continues to expand as manufacturers seek high-purity reagents that ensure consistent reaction performance and regulatory compliance across applications.

By purity grade, the 98% purity segment holds the larger market share, favored for its balance of performance and cost-efficiency in general organic synthesis and large-volume pesticide production. The 99% purity grade, however, is the fastest-growing segment, as higher-purity requirements become essential in pharmaceutical manufacturing and specialty chemical processes where impurities can affect reaction outcomes and safety.

In terms of application, organic synthesis remains the leading contributor to market size, reflecting broad use of propionyl chloride in chemical intermediate production and fine chemical manufacturing. The pharmaceutical industry maintains a strong share, leveraging the compound in drug development and active pharmaceutical ingredient production. Pesticide application also contributes significantly, supported by demand for quality agrochemicals. Plant regulator uses represent a smaller but growing segment, as controlled growth chemicals see expanding adoption in modern horticulture and agriculture. Together, these applications illustrate the compound's versatility and increasing relevance across chemical manufacturing sectors.

Overall, the propionyl chloride market forecast indicates sustained market growth, supported by rising demand for high-purity chemical intermediates and expanding applications in pharmaceuticals, agrochemicals, and advanced organic synthesis.

Segment by Type

• 98% Purity
• 99% Purity

Segment by Application

• Organic Synthesis
• Pesticide
• Pharmaceutical Industry
• Plant Regulator

By Company

BASF, CABB, LianFeng Chemicals, Jiangyin Yuecheng Jiangnan Fine, Shandong Xinhua Pharmaceutical, Anhui Jinquan Biotechnology, Huzhou Salon Chemical, Dongying Dafeng Chemical, Xiangyang Liwei Chemical

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This release was published on openPR.