The global valeryl chloride industry size stood at USD 551.25 Million in the year 2022 and is expected to reach USD 898 Million by the year 2032 at a CAGR of 5% between 2022 and 2032.
Future Market Insights has entailed these facets with future perspectives in its latest market study entitled ‘Valeryl Chloride Market’. Its team of analysts and consultants is into primary, secondary, and tertiary modes of research through its 360-degree approach. Macros as well as micros are being effectively worked upon over here.
Coming to the electronics vertical, valeryl chloride is used in semiconductors and LCDs (liquid crystal displays).
Coming back to the pharmaceuticals vertical, the growing geriatric population is the major contributor to revenue. Plus, increasing awareness regarding the importance of valeryl chloride is expected to keep the cash registers ringing for the valeryl chloride market in the years to come.
At the same time, the blunt fact that governments across the globe are imposing stern regulations regarding the protection of laborers serving these industries can’t be ignored. Besides, concerns regarding the safety of chemicals in end-products could prove to be detrimental if not handled with care. These factors could restrain the valeryl chloride market in the forecast period.
“With valeryl chloride increasingly being used by pharmaceuticals vertical in the form of medical feedstock, an emulsifier, and a surfactant, the global valeryl chloride market is likely to substantiate going forward”, – Future Market Insights.
Key Takeaways from Valeryl Chloride Market
- North America and Europe collectively holds more than 40% of the market share due to the US being one of the key players in pharmaceuticals sector. The government is coming up with initiatives to facilitate better medical care. As such, the status quo is expected to remain the same even going forward.
- The Asia-Pacific is expected to grow at a rapid pace in the valeryl chloride market due to increase in production of crop protecting agents and pesticides.
- LATAM is expected to grow in valeryl chloride market on the back of Colombia and Brazil.
- MEA is expected to grow with expanding pharmaceutical vertical herein.
Competitive Arena in Valeryl Chloride Market
- BASF SE has its 5-Chlorovalerylchloride (5-CVCL), which comes across as a colorless to yellow liquid having pungent odor. It is used to produce agrochemicals and pharmaceuticals.
- CABB Chemicals has its acid chlorides, chlorinated intermediates, and acid anhydrides that are essential building blocks regarding synthesis of the new-fangled products for performance materials, life sciences, and crop sciences.
Key Companies Profiled
- Shiva Pharmachem
- Omega finechem Pvt. Ltd.
- Zibo Shanqiang Plastic Co., Ltd.
- Chemicalland21
- Tejraj Bros
- Dev Enterprise
- BASF SE
- CABB Chemicals
- Hangzhou Fanda Chemical
- Jiangsu Baichang Pharmaceutical
- Leonid Chemicals
- Shandong Jiahong Chemical
- Jinnan Fufang Chemical
- Lianfeng Chemicals
Key Segments Profiled in the Valeryl Chloride Market Survey
By Purity:
- 98%
- 99%
- Others
By Application:
- Pharmaceuticals
- Agrochemicals
- Fragrances
- Electronics
- Others
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific Excluding Japan
- Japan
- Middle East and Africa
What does the Report cover?
- The research study is based on purity (98%, 99%, and likewise), and by application (pharmaceuticals, agrochemicals, fragrances, electronics, and likewise).
- With increase in production of medicines coupled with growing capacity of farm produce, the global valeryl chloride market is expected to grow on a voracious note between 2022 and 2032.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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