Chloroacetyl Chloride Market

Chloroacetyl chloride is a light-yellowish-colored organic compound derived from the chlorination process of acetyl chloride with strong aliphatic acids. It is highly corrosive & toxic and tends to release fumes with a pungent odor when exposed to moist air. Chloroacetyl chloride is widely used as an integral ingredient in the production of various pharmaceutical and pesticide intermediates such as butachlor and alachlor. The principal application of the chemical is as an intermediary in the synthesis of butachlor and alachlor. Alachlor and butachlor are produced each year using more than 100 million pounds of Chloroacetyl chloride. An herbicide from the chloro acetanilide family is alachlor, while herbicides of the acetanilide family include butachlor. The most significant of these is the synthesis of adrenaline, chloroacetic acid esters, and anhydride, which uses Chloroacetyl chloride as an intermediary. Moreover, the chemical modification of polymers and the manufacture of N-hydrazino acetyl-sulphonamides both require Chloroacetyl chloride (glycidyl methacrylate).

Market Dynamics

In recent past years, the chloroacetyl chloride market has witnessed a rise in demand in Asia-Pacific region owing to growth in the consumption of pesticides and fertilizers in the farming industry. Chloroacetyl chloride is widely used in the formulation of herbicides used in farming. The agriculture industry is facing a challenge to meet the demands of food products in Asia-Pacific due to the rapid rise of population in the region. Pesticides and fertilizers are being used to increase the production rate of crops. This is expected to foster the market’s growth in forthcoming years.

Companies involved in the pharmaceutical industry are transitioning from batch production to continuous flow production technology to align with the rising demand for medicines in emerging economies. As Chloroacetyl chloride is employed in the pharmaceutical sector to prepare active medicinal components, this is anticipated to fuel an increase in demand for the substance.

Key features of the study:

• This report provides in-depth analysis of global chloroacetyl chloride market size (US$ Million and Kilo Tons), and Compound Annual Growth Rate (CAGR %) for the forecast period (2023 – 2030), considering 2022 as the base year
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
• It profiles leading players in the global chloroacetyl chloride market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study include Daicel Corporation, ALTIVIA Petrochemical, LLC, Shiva Pharmachem Ltd., CABB, Transpek Industry Limited, Triveni Chemicals, Taixing Shenlong Chemical Co., Ltd, Chengwu Chenhui Environmental Protection Technology Co., Ltd., Zouping Qili Additives Co.Ltd, and YiDu Jovian Industry Co., Ltd.
• Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
• The global chloroacetyl chloride market report caters to various stakeholders in this industry including investors, suppliers, global chloroacetyl chloride manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global chloroacetyl chloride market

Detailed Segmentation:

• Global Chloroacetyl Chloride Market, By Manufacturing Process:
  • Chlorination of Acetyl Chloride
  • Oxidation of 1,1-dichloroethylene
  • Others
• Global Chloroacetyl Chloride Market, By Application:
  • Herbicides
  • Active Pharmaceutical Ingredient
  • Chemical Production
• Global Chloroacetyl Chloride Market, By Region:
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles
  • Daicel Corporation
  • ALTIVIA Petrochemical, LLC
  • Shiva Pharmachem Ltd.
  • CABB Group GmbH
  • Transpek Industry Limited
  • Triveni Chemicals
  • Taixing Shenlong Chemical Co., Ltd.
  • Chengwu Chenhui Environmental Protection Technology Co., Ltd.
  • Zouping Qili Additives Co., Ltd.
  • YiDu Jovian Industry Co., Ltd.