The global acid chlorides market size was USD 24.40 Billion in 2021 and is expected to register a revenue CAGR of 15.7% during the forecast period. Rising demand for aspirin due to increasing prevalence of atherosclerosis and other cardiovascular diseases and steady use of acid chlorides in the pharmaceutical industry are major factors driving market revenue growth. In addition, rising usage of acid chloride-based active ingredients for agrochemical production and increasing adoption of benozyl chloride for production of perfumes and artificial tannins are some other factors expected to significantly contribute to market revenue growth.
They have taken into consideration several factors, such as market penetration, pricing structure, product portfolios, end-user industries, and the key market growth drivers and constraints, to endow the readers with a sound understanding of the market. The report provides the reader with a panoramic view of the Acid Chlorides market, supported by key statistical data and industry-verified facts. Hence, it examines the size, share, and volume of the Acid Chlorides industry in the historical period to forecast the same valuations for the forecast period.
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Key companies operating in the Acid Chlorides market include:
BASF, Novaphene, CABB Chemicals, Orion Chem Pvt. Ltd., Wilmar International, Transpek Industry Ltd., VanDeMark Chemical, Inc., Kuhlmann Europe, R. Drugs and Intermediates Pvt. Ltd.
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Acid Chlorides market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8-year analysis of the Global Acid Chlorides Market
- Critical understanding of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
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Acid Chlorides Market Segmentation:
Product Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2019-2030)
- Ethanoyl Chloride
- Propanoyl Chloride
- Butanoyl Chloride
- Benzoyl Chloride
- Chloroacteyl Chloride
- 2-Ethylhexanoyl Chloride
- Palmitoyl Chloride
- Others
Application Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2019-2030)
- Chemical Reagents
- Plastics and Pigments
- Organic Peroxides
- Agrochemical Production
- Pharmaceutical Production
- Others
End-Use Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2019-2030)
- Pharmaceutical Industry
- Agricultural Industry
- Plastics Industry
- Dyes and Inks Industry
- Cosmetic Industry
- Others
Acid Chlorides Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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