Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Chloroacetyl chloride is one of the most versatile compounds that is used as an intermediate in the synthesis of many organic chemical compound. It has chemical formula C2H2Cl2O and the major use of the chloroacetyl chloride is in the preparation of herbicides and is also useful as a chemical building block. The product is obtained by the process of chlorination of acetyl chloride in the presence of stronger aliphatic acids. Moreover, this chemical is also used in the preparation of various pharmaceutical formulation. Some of the major herbicides that are manufactured by using chloroacetyl chloride are chloroacetyl chloride.

Global chloroacetyl chloride market is estimated to reach US$ 735.7 million in terms of revenue by the end of 2027, growing at a CAGR of 5.6% during the forecast period (2019-2027)

Drivers:

Increasing usage of herbicides due to rising population base and decrease in the arable land is predominantly fueling the market growth of Chloroacetyl chloride. Also, shortage of labor has further increased the dependency on herbicides which is again propelling the market growth. Moreover, rising usage of herbicides such as acetochlor, butachlor, and alachlor for enhancing the production yield of corn, soybean, and sorghum is also expected to foster the market growth of chloroacetyl chloride over the forecast period.

Growing production of adrenaline for medical usage for treating a serious condition such as anaphylaxis, cardiac arrest, and croup is expected to fuel the market growth of the chloroacetyl chloride. Also, sometimes the body is unable to produce adrenalin hormone, in this situation synthetically prepared adrenalin hormone is supplied to the patient which is produced through the reaction of catechol and chloroacetyl chloride. Hence, the rising demand for synthetically prepared adrenalin hormone is projected to propel the market growth of chloroacetyl chloride. 

Regionally, Asia-pacific dominated the global chloroacetyl chloride market in 2018, reporting 39.5% market share in terms of revenue, followed by Latin America and North America, respectively

Figure 1. Global Chloroacetyl Chloride Market, Revenue Share (%), By Region, 2018

Chloroacetyl Chloride  | Coherent Market Insights

Market Restraints

Growing adoption of biodegradable herbicides in agrochemical industry is a prime factor expected to hinder the market growth of chloroacetyl chloride. Rising concern over environment sustainability due to growing cases of soil erosion and water pollution which ultimately leads to the degradation of land and water. Due to this various organization are is further anticipated to restrict the usage of herbicide in the agrochemical industry, which in turn hampering the market growth of chloroacetyl chloride.

Ban of pesticide in Europe due to rising concern over the environment is expected to hinder the market growth of Chloroacetyl chloride. For instance, in March 2019, the EU bans UK's most-used pesticide over health and environmental concern. European Union will ban the most-commonly used pesticides after safety officials reported human health and environmental concerns. Hence, the ban of pesticide in Europe is expected to negatively affect the market growth chloroacetyl chloride.

Market Opportunities

Rising demand for acids anhydrides that are mainly produced from chloroacetyl chloride is projected to propel the market growth over the forecast period. Acids Anhydrides are widely used in the preparation of pharmaceutical formulation, industrial chemicals, and perfumes. Moreover, it is also used in the manufacturing of aspirin and synthesis of heroin by diacetylation of morphine reaction. Therefore, growing demand for Acids Anhydrides from the aforementioned application is expected to propel the market growth.

Expanding chemical industry around the globe especially in Asia Pacific region is projected to propel the market growth of chloroacetyl chloride. According to The Economic Times, the India chemical industry is expected to grow at around 9% per annum to reach US$ 304 billion by FY25, from US$ 163 billion in FY18. The growth is likely to be driven by rising demand in end-use segments for specialty chemicals and petrochemicals intermediates. Hence, expanding chemical industry is expected to foster the market growth over the forecast period.

Figure 2. Global Chloroacetyl Chloride – Market Opportunity Analysis

Chloroacetyl Chloride  | Coherent Market Insights

Key Takeaways

Increasing the expansion of the production facility of chloride by major players to meet the rising demand across various end-use industries is expected to fuel the market growth of chloroacetyl chloride. For instance, in January 2016, US industrial chemicals manufacturer ALTIVIA has completed the construction of facilities to produce choloroacetyl chloride at its La Porte, Texas, manufacturing site. The La Porte site is a fully integrated phosgene derivative chemical production site.

Expanding pharmaceutical industry due to high economic growth and increasing government initiatives especially in the Asia Pacific region is expected to foster the market growth of chloroacetyl chloride. According to the India Brand Equity Foundation, India is the largest provider of generic drugs globally. Indian pharmaceutical sector industry supplies over 50% of global demand for various vaccines, 40% of generic demand in the U.S. and 25% of all medicine in U.K. The pharmaceutical sector was valued at US$ 33 billion in 2017. The country’s pharmaceutical industry is expected to reach US$ 55 billion, growing at a CAGR of 22.4% over the forecast period (2015–2021)

On the basis of application, in 2018, active pharmaceutical ingredient segment, accounted the largest market share of 38.5% in terms of revenue, followed by herbicides and chemical production, respectively.

Figure 3. Global Chloroacetyl Chloride Market, Revenue Share (%), By Application, in 2018

Chloroacetyl Chloride  | Coherent Market Insights

Competitive Section

Key companies active in the global chloroacetyl chloride market are Daicel Corporation, ALTIVIA Petrochemicals Corporation, CABB, Shiva Pharmachem Ltd, 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.

Chloroacetyl chloride is a light-yellowish colored organic compound derived from chlorination process of acetyl chloride with strong aliphatic acids. It is highly corrosive & toxic in nature and has a tendency to release fumes with pungent odor when exposed to moist air. Chloroacetyl chloride is widely used as an integral ingredient in production of various pharmaceutical and pesticides intermediates such as butachlor and alachlor.

Market Dynamics

In recent past years, the chloroacetyl chloride market has witnessed a rise in demand in Asia-Pacific region owing to growth in consumption of pesticides and fertilizers in farming industry. Chloroacetyl chloride is widely used in formulation of herbicides used in farming. 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 the crops. This is expected to foster the market’s growth in forthcoming years.

Companies involve in pharmaceutical industry are transitioning from batch production to continuous flow production technology to align with the rising demand of medicines in emerging economies. This is expected to fuel the growth in demand for Chloroacetyl chloride, as is used in pharmaceutical industry for preparation of active pharmaceutical ingredients.

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 (2019 – 2027), considering 2018 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 includes 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 analysing 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
      • U.S.
        • By Manufacturing Process
          • Chlorination of Acetyl Chloride
          • Oxidation of 1,1-dichloroethylene
          • Others
        • By Application
          • Herbicides
          • Active Pharmaceutical Ingredient
          • Chemical Production
      • Canada
        • By Manufacturing Process
          • Chlorination of Acetyl Chloride
          • Oxidation of 1,1-dichloroethylene
          • Others
        • By Application
          • Herbicides
          • Active Pharmaceutical Ingredient
          • Chemical Production
    • Latin America
      • Brazil
        • By Manufacturing Process
          • Chlorination of Acetyl Chloride
          • Oxidation of 1,1-dichloroethylene
          • Others
        • By Application
          • Herbicides
          • Active Pharmaceutical Ingredient
          • Chemical Production
      • Mexico
        • By Manufacturing Process
          • Chlorination of Acetyl Chloride
          • Oxidation of 1,1-dichloroethylene
          • Others
        • By Application
          • Herbicides
          • Active Pharmaceutical Ingredient
          • Chemical Production
      • Rest of Latin America
        • By Manufacturing Process
          • Chlorination of Acetyl Chloride
          • Oxidation of 1,1-dichloroethylene
          • Others
        • By Application
          • Herbicides
          • Active Pharmaceutical Ingredient
          • Chemical Production
    • Europe
      • Germany
        • By Manufacturing Process
          • Chlorination of Acetyl Chloride
          • Oxidation of 1,1-dichloroethylene
          • Others
        • By Application
          • Herbicides
          • Active Pharmaceutical Ingredient
          • Chemical Production
      • France
        • By Manufacturing Process
          • Chlorination of Acetyl Chloride
          • Oxidation of 1,1-dichloroethylene
          • Others
        • By Application
          • Herbicides
          • Active Pharmaceutical Ingredient
          • Chemical Production
      • Italy
        • By Manufacturing Process
          • Chlorination of Acetyl Chloride
          • Oxidation of 1,1-dichloroethylene
          • Others
        • By Application
          • Herbicides
          • Active Pharmaceutical Ingredient
          • Chemical Production
      • Spain
        • By Manufacturing Process
          • Chlorination of Acetyl Chloride
          • Oxidation of 1,1-dichloroethylene
          • Others
        • By Application
          • Herbicides
          • Active Pharmaceutical Ingredient
          • Chemical Production
      • U.K.
        • By Manufacturing Process
          • Chlorination of Acetyl Chloride
          • Oxidation of 1,1-dichloroethylene
          • Others
        • By Application
          • Herbicides
          • Active Pharmaceutical Ingredient
          • Chemical Production
      • Russia
        • By Manufacturing Process
          • Chlorination of Acetyl Chloride
          • Oxidation of 1,1-dichloroethylene
          • Others
        • By Application
          • Herbicides
          • Active Pharmaceutical Ingredient
          • Chemical Production
      • Rest of Europe
        • By Manufacturing Process
          • Chlorination of Acetyl Chloride
          • Oxidation of 1,1-dichloroethylene
          • Others
        • By Application
          • Herbicides
          • Active Pharmaceutical Ingredient
          • Chemical Production
    • Asia Pacific
      • China
        • By Manufacturing Process
          • Chlorination of Acetyl Chloride
          • Oxidation of 1,1-dichloroethylene
          • Others
        • By Application
          • Herbicides
          • Active Pharmaceutical Ingredient
          • Chemical Production
      • India
        • By Manufacturing Process
          • Chlorination of Acetyl Chloride
          • Oxidation of 1,1-dichloroethylene
          • Others
        • By Application
          • Herbicides
          • Active Pharmaceutical Ingredient
          • Chemical Production
      • Japan
        • By Manufacturing Process
          • Chlorination of Acetyl Chloride
          • Oxidation of 1,1-dichloroethylene
          • Others
        • By Application
          • Herbicides
          • Active Pharmaceutical Ingredient
          • Chemical Production
      • ASEAN
        • By Manufacturing Process
          • Chlorination of Acetyl Chloride
          • Oxidation of 1,1-dichloroethylene
          • Others
        • By Application
          • Herbicides
          • Active Pharmaceutical Ingredient
          • Chemical Production
      • Australia & New Zealand
        • By Manufacturing Process
          • Chlorination of Acetyl Chloride
          • Oxidation of 1,1-dichloroethylene
          • Others
        • By Application
          • Herbicides
          • Active Pharmaceutical Ingredient
          • Chemical Production
      • Rest of Asia Pacific
        • By Manufacturing Process
          • Chlorination of Acetyl Chloride
          • Oxidation of 1,1-dichloroethylene
          • Others
        • By Application
          • Herbicides
          • Active Pharmaceutical Ingredient
          • Chemical Production
    • Middle East & Africa
      • GCC
        • By Manufacturing Process
          • Chlorination of Acetyl Chloride
          • Oxidation of 1,1-dichloroethylene
          • Others
        • By Application
          • Herbicides
          • Active Pharmaceutical Ingredient
          • Chemical Production
      • South Africa
        • By Manufacturing Process
          • Chlorination of Acetyl Chloride
          • Oxidation of 1,1-dichloroethylene
          • Others
        • By Application
          • Herbicides
          • Active Pharmaceutical Ingredient
          • Chemical Production
      • Rest of Middle East & Africa
        • By Manufacturing Process
          • Chlorination of Acetyl Chloride
          • Oxidation of 1,1-dichloroethylene
          • Others
        • By Application
          • Herbicides
          • Active Pharmaceutical Ingredient
          • Chemical Production
  • Company Profiles
    • Daicel Corporation
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • 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.

“*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Manufacturing Process
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • PEST Analysis
      • PORTER’s Analysis
      • New Product Approvals/Launch
      • Promotion and Marketing Initiatives
  4. Global Chloroacetyl Chloride Market, By Manufacturing Process, 2017 - 2027 (US$ Million and Kilo Tons)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Chlorination of Acetyl Chloride
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million and Kilo Tons)
    • Oxidation of 1,1-dichloroethylene
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million and Kilo Tons)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million and Kilo Tons)
  5. Global Chloroacetyl Chloride Market, By Application, 2017 - 2027 (US$ Million and Kilo Tons)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Herbicides
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million and Kilo Tons)
    • Active Pharmaceutical
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million and Kilo Tons)
    • Chemical Production
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million and Kilo Tons)
  6. Global Chloroacetyl Chloride Market, By Region, 2017- 2027 (US$ Million and Kilo Tons)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Region, 2019 - 2027
    • North America
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Manufacturing Process, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Manufacturing Process, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
    • Latin America
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Manufacturing Process, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Manufacturing Process, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • Rest of Latin America
          • Sub-region/Country Trends
          • Market Size and Forecast, By Manufacturing Process, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
    • Europe
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • Germany
          • Country Trends
          • Market Size and Forecast, By Manufacturing Process, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • France
          • Country Trends
          • Market Size and Forecast, By Manufacturing Process, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Manufacturing Process, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • Spain
          • Country Trends
          • Market Size and Forecast, By Manufacturing Process, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Manufacturing Process, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Manufacturing Process, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • Rest of Europe
          • Sub-region/Country Trends
          • Market Size and Forecast, By Manufacturing Process, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
    • Asia Pacific
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • China
          • Country Trends
          • Market Size and Forecast, By Manufacturing Process, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • India
          • Country Trends
          • Market Size and Forecast, By Manufacturing Process, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Manufacturing Process, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Manufacturing Process, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • Australia & New Zealand
          • Country Trends
          • Market Size and Forecast, By Manufacturing Process, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • Rest of Asia Pacific
          • Sub-region/Country Trends
          • Market Size and Forecast, By Manufacturing Process, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
    • Middle East & Africa
      • Market Share Analysis, By Country/ Sub-region, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country/ Sub-region, 2019 - 2027
        • GCC
          • Country Trends
          • Market Size and Forecast, By Manufacturing Process, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • South Africa
          • Country Trends
          • Market Size and Forecast, By Manufacturing Process, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
        • Rest of Middle East & Africa
          • Sub-region/Country Trends
          • Market Size and Forecast, By Manufacturing Process, 2017- 2027 (US$ Million and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million and Kilo Tons)
  7. Competitive Landscape
    • Market Share Analysis
    • Company Profiles
      • Daicel Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • ALTIVIA Petrochemical, LLC
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Shiva Pharmachem Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • CABB Group GmbH
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Transpek Industry Limited
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Triveni Chemicals
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Taixing Shenlong Chemical Co., Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Chengwu Chenhui Environmental Protection Technology Co., Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Zouping Qili Additives Co., Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • YiDu Jovian Industry Co., Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
  8. Section
    • References
    • Research Methodology
    • About us and Sales Contact

* Browse 45 market data tables* and 30 figures* on "Global Chloroacetyl Chloride Market” – global forecast to 2027

Frequently Asked Questions

The global chloroacetyl chloride market is expected to reach US$ 735.7 million in terms of revenue by the end of 2027.
Major players operating in the global chloroacetyl chloride market include Daicel Corporation, ALTIVIA Petrochemicals Corporation, CABB, Shiva Pharmachem Ltd, 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.
Rising adoption of biodegradable herbicides in agrochemical industry is one of the major factors that is expected to hamper growth of the market over the forecast period.
Increasing usage of herbicides due to rising population base and decrease in the arable land is one of the major factors that is expected to propel growth of the market over the forecast period.
The global chloroacetyl chloride market is estimated to exhibit a CAGR of 5.6% over the forecast period (2019-2027).
Among regions, Asia Pacific held a dominant position in the global chloroacetyl chloride market in 2018, accounting for 39.5% market share, in terms of revenue, followed by Latin America and North America, respectively.
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