Oxalyl Chloride Market, Industry Analysis, Trends and Forecast 2024

The market for oxalyl chloride was primarily driven by growing demand from pharmaceutical industry. Oxalyl chloride is used in formulation and manufacturing of various medicines and anti biotics. In crop protection chemicals, it is used in manufacturing of highly potent pesticide and herbicide. In addition, oxalyl chloride is used in manufacturing of chlorine based organic compounds. In polymer industry, it is used as polymer cross linking agent in various processes. Moreover, oxalyl chloride market is also used as polymerization agent in wide range of reactions. It is also used in production of chemiluminescent formulations.

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Preparation of antioxidants is also one of the major applications of oxalyl chloride. In spite of so many applications the market demand for oxalyl chloride is expected to be weak over the forecast period. Moreover, health and environmental regulations associated with oxalyl chloride is likely to hinder the growth of market in near future. Oxalyl chloride is considered among toxic and highly corrosive chemical material. It is also considered as lachrymatory agent which can cause pain, tears, vomiting and blindness.  

Oxalyl Chloride Market: Regional Dynamics

In terms of demand, North America exhibited the largest demand for oxalyl chloride in 2013. The demand in this region is largely dictated by the massive demand from the pharmaceutical and agrochemical industry. There is rise in demand for herbicides in North America region driving the demand for oxalyl chloride. U.S. led the demand for oxalyl chloride in this region from past few years. North America was trailed by the Asia Pacific region.

Asia Pacific is regarded as being among the fastest growing markets for oxalyl chloride. The rapidly mounting demand from chlorinated compounds and agrochemicals is driving the demand for oxalyl chloride in this region. China, India, and Japan had the highest demand for oxalyl chloride in this region. However, countries such as Taiwan and Singapore are likely to offer huge opportunities for oxalyl chloride market in near future. Europe had the third largest demand for oxalyl chloride in 2013. Western Europe showed the greatest demand in the Europe region.

Russia, where economic growth is on track, is expected to expand its share in the oxalyl chloride market in near future. Rest of the World exhibited the lowest demand for oxalyl chloride as of 2013. Going forward, the Middle East and South America are also projected to show optimistic growth for the oxalyl chloride market in the future thanks largely to the increasing demand from agrochemical sector.

Among the topmost manufacturers in the oxalyl chloride market are TCI Chemicals, MainPlus Chemicals Ltd., Sarchem Laboratories, Inc. and Sant Cruz Biotechnology Inc. among others.

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Market trends and dynamics
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Market size
Current trends/opportunities/challenges
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North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
Middle East and Africa (GCC, Southern Africa, North Africa)
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Market shares and strategies of key players
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