Chloroformates Market Size Worth USD 39.74 Billion, Globally, by 2030 at 6.6% CAGR

June 23 20:29 2022
Chloroformates Market Size Worth USD 39.74 Billion, Globally, by 2030 at 6.6% CAGR
Emergen Research | Chloroformates Market
Increasing demand for chloroformates as an intermediate to develop various applications for chemicals and expanding applications of chloroformates in industries producing dyes, resins, and perfumes

The global chloroformates market size was USD 22.36 Billion in 2021 and is expected to register a revenue CAGR of 6.6% during the forecast period, according to latest analysis by Emergen Research. Rising demand for chloroformates as an intermediate to develop various formulations for chemicals is among some key factors driving market revenue growth.Chloroformates, which are formed when phosgene reacts with alcohol or phenols, are used as an intermediate for preparation of perfumes, dyes, resins, synthesis of pesticides, herbicides, and preparation of pharmaceutical and plastics & pigments.

 The Chloroformates Market Report contains current and future technical and financial industry data. The report provides a detailed analysis of market characteristics, size and growth, segmentation, breakdowns by region and country, and the competitive landscape. In addition, this report examines all the key factors influencing the growth of the global market, including the supply and demand scenario, pricing structure, profit margins, production and value chain analysis. Research indicates the widespread use of both primary and secondary data sources.

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Some Key Highlights

  • The agrochemicals segment is expected to register a steady revenue growth rate over the forecast period due to increasing demand for chloroformates for production of It is used as an adjuvant and surfactant in agrochemical products such as fungicides, herbicides, rodenticides, insecticides, and antimicrobials.
  • The methyl chloroformatesegment revenue is expected to increase at a steady rate over the forecast period due to rising demand for methyl chloroformate for production of It is used as a chemical intermediate for production of insecticides. In addition, rising adoption of methyl chloroformate as a solvent in the photography industry is expected to support revenue growth of this segment.
  • North America market is expected to register a steady revenue growth rate during the forecast period due to rising adoption of chloroformates in agrochemicals and plastics and pigments in countries across the region, especially in the U.S. and Canada. In addition, development of pharmaceutical sectors across the region is creating high demand for chloroformates and is expected to support revenue growth of the North America market going ahead.

 The report further studies the key companies operating in the industry and their company profiles, product portfolio, expansion strategies, and strategic alliances such as mergers and acquisitions, collaborations, and joint ventures, among others. It also offers insights into their market reach and global position, along with highlights about their achievements and financial standings.

Major Players/Manufacturers profiled in the report are:

BASF SE., Solvay S.A, Tokyo Chemical Industry Co., Ltd., Van De Mark Chemical Inc., Meryer Co., Ltd., Ava Chemicals Pvt. Ltd., American Elements, Celtic Chemicals Ltd., Sakai Chemical Industry Co., Ltd., Altivia Specialty Chemicals LLC., and Saltigo GmbH.

Historical data available in the report elaborates on the development of the Chloroformates on national, regional and international levels. Chloroformates market Research Report presents a detailed analysis based on the thorough research of the overall market, particularly on questions that border on the market size, growth scenario, potential opportunities, operation landscape, trend analysis, and competitive analysis.

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Emergen Research has segmented the global chloroformates market based on product type, application, end-use, and region:

  • Product Type Outlook (Revenue, USD Billion, Volume, Kilo Tons; 2019-2030)
    • Diethylene Glycol Bis-Chloroformate (DECF)
    • Ethyl Chloroformate (ECF)
    • Benzyl Chloroformate (BCF)
    • Isobutyl Chloroformate (IBCF)
    • Methyl Chloroformate (MCF)
    • Isopropyl Chloroformate (IPCF)
    • n-Butyl Chloroformate (NBCF)
    • n-Propyl Chloroformate (NPCF)
    • Others
  • Application Outlook (Revenue, USD Billion, Volume, Kilo Tons; 2019-2030)
    • Agrochemical
    • Organic Synthesis
    • Pharmaceutical Production
    • Plastics & Pigments
    • Anhydrides
    • Polycarbonates
    • Polymerization Initiators
    • Others

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Major Regions Covered in the Chloroformates Market Report:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

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Overview of the Chloroformates Market Report:

  • Introduction, Product Scope, Market Overview, and Opportunities
  • Analysis of the Manufacturers with sales, revenue, and price analysis
  • Comprehensive analysis of the competitive landscape
  • Extensive profiling of the key competitors along with their business strategies and market size
  • Regional analysis of the market along with sales, revenue, market share, and global position
  • Country-wise analysis of the market along with types, applications, and manufacturing
  • Strategic recommendations to established players as well as new entrants
  • In-depth analysis of the risks, restraints, and limitations in the Chloroformates industry

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