The global Chloroacetyl Chloride market was valued at US$ 158.5 million in 2020 and it is expected to reach US$ 201.1 million by the end of 2027, growing at a CAGR of 3.0% during 2021-2027.
Chloroacetyl chloride, a colorless to yellow liquid, is a bi-functional compound that is useful as a chemical building block. This chemical is mainly used in the production of herbicides, in the formulation of active pharmaceutical ingredients, and in the production of other useful chemicals.
The main use of chloroacetyl chloride is in the manufacturing of herbicides used in agriculture. Especially, popular herbicides such as alachlor and butachlor are manufactured using chloroacetyl chloride. However, due to the fact that such herbicides create environmental pollution, production and use of alachlor and butachlor has been banned in the EU region. However, several countries in Latin America and in the Asia Pacific region continue the use of such herbicides and therefore the demand of these herbicides is steady and rising. This is expected to boost the growth of the global chloroacetyl chloride market. In case of medical emergencies, the human body is unable to produce the adrenalin hormone. Thus, demand for externally produced adrenalin is expected to increase due to an increasing risk of life threatening diseases. Chloroacetyl chloride is used in the production of epinephrine (adrenalin hormone). This is also expected to fuel the growth of the global chloroacetyl chloride market over the forecast period.
Global Chloroacetyl Chloride Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Chloroacetyl Chloride Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Cabb, Daicel, Altivia, Shiv Pharmachem, Transpek Industry, Taixing Shenlong Chemical, Chengwu Chenhui Environmental Protection Technology and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-chloroacetyl-chloride-market-outlook
Segment by Type
- Chlorination Of Acetyl Chloride
- Oxidation Of 1,1-Dichloroethylene
Segment by Application
- Active Pharmaceutical Ingredients
- Chemical Production
Table of Content:
1 Chloroacetyl Chloride Market Overview
2 Chloroacetyl Chloride Market Competition by Manufacturers
3 Chloroacetyl Chloride Retrospective Market Scenario by Region
4 Global Chloroacetyl Chloride Historic Market Analysis by Type
5 Global Chloroacetyl Chloride Historic Market Analysis by Application
6 Key Companies Profiled
7 Chloroacetyl Chloride Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Chloroacetyl Chloride Market Dynamics
10 Global Chloroacetyl Chloride Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta