The global acid chlorides market size was USD 2.99 Billion in 2021 and is expected to register a revenue CAGR of 4.85% during the forecast period, according to latest analysis by Emergen Research. Increasing adoption of benozyl chloride for production of perfumes and artificial tannins is a major factor driving market revenue growth. Acid chlorides are a sub-group of acyl chlorides and are produced by addition of ―COCl group in carboxylic acids using thionyl chloride, chlorosulfuric acid, or phosphorus trichloride. Compounds have various applications and are used as chemical intermediates for production of pharmaceutical products, perfume fixatives, agrochemicals including herbicides, insecticides, and fungicides, organic peroxides, and fastness improvers. In addition, acetyl chloride is an acid chloride used for manufacturing commercially important pharmaceutical compounds such as aspirin, acetophenone, acetanilide, and acetaminophen.
The report covers key points of the market, including the standards, regulations, and policy changes applied by the government on the industry for the coming years. The report encompasses thorough research carried out by the application of advanced analytical tools such as SWOT analysis and Porter’s Five Forces analysis to pinpoint the growth trends and patterns. Factors likely to influence the growth of the market, current trends, opportunities, restraining factors, and business landscape are discussed in-depth in the market study.
Get a sample of the report @https://www.emergenresearch.com/request-sample/1145
Top competitors of the Acid Chlorides Market profiled in the report include:
Altivia, BASF, Novaphene, CABB Chemicals, Orion Chem Pvt. Ltd., Wilmar International, Transpek Industry Ltd., VanDeMark Chemical, Inc., Kuhlmann Europe, and S.R. Drugs and Intermediates Pvt. Ltd.
Some Key Highlights From the Report
- The cosmetic industry segment accounted for a moderate revenue share in 2021. Steady use of acid chlorides for producing intermediate compounds that are used in skin care cosmetic products is driving revenue growth of this segment. For instance, palmitoyl chloride, is used for producing palmitoyl tripeptide-38, which is used in several skin care cosmetic formulations including face serums, advanced eye care serums, anti-ageing creams, and wrinkle-reducing creams. Rising demand for non-surgical, minimally invasive anti-ageing cosmetic products is expected to support revenue growth of this segment between 2022 and 2030.
- The Europe market is expected to register a steady CAGR during the forecast period. Increasing usage of acid chloride based products in several end-use industries by manufacturers in this region is expected to contribute to market revenue growth. Trade of benzoyl chloride has increased significantly in Europe due to use of chemical in cosmetic formulations for treating acne and removing microbes from skin. World Bank statistics suggest that in 2021, Germany and Italy were the second and third largest exporters of benzoyl chloride and benzoyl peroxide, with trade values of USD 47.6 million and USD 24.2 million respectively. Demand for acid chlorides is expected to increase in countries in this region between 2022 and 2030 due to increasing demand for aspirin and other salicylate-derivatives for primary prevention of cardiovascular diseases.
Request a discount on the report @https://www.emergenresearch.com/request-discount/1145
Emergen Research has segmented the global acid chlorides market based on product, application, end-use, and region:
- 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
Regional Analysis of the Acid Chlorides Market:
- 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)
Request customization of the report @https://www.emergenresearch.com/request-for-customization/1145
Market Overview:
The research report on the Acid Chlorides market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Acid Chlorides business sphere.
Key Objectives of the Report:
- Analysis and estimation of the Acid Chlorides market size and share for the projected period of 2022-2030
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Acid Chlorides market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
Click here to Buy Now @https://www.emergenresearch.com/select-license/1145
Thank you for reading our report. Please connect with us to know more about the report or the customization of the report. Our team will ensure the report is best suited to meet your requirements.
Read similar reports by Emergen Research:
Hematologic Malignancies Testing Market
Robotics Surgical Simulation Systems Market
Recurrent Atrial Fibrillation Market
Spinal Fusion Devices Market
RFID in Healthcare Market
Nanopharmaceutical Drugs Market
Bioanalytical Testing Services Market
Transcatheter Mitral Valve Implantation Market
In-Vitro Fertilization Market
Electronic Skin Patches Market
About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Visit for More Insights: https://www.emergenresearch.com/insights
Explore Our Custom Intelligence services | Growth Consulting Services
Trending Title: Matcha Market | High Power LED Market
Latest Report :Digital Health Market | Hair Serum Market