P e r s i s t e n c e M a r k e t R e s e a r c h herbicides products is expected to increase 1.3X over the forecast period . The active pharmaceutical ingredients segment is expected to witness significant growth over the forecast period . Recent outbreaks and increasing life threatening diseases have increased the demand for active pharmaceutical ingredients with complex protein assembly . Thus , it is expected to increase the demand for chloroacetyl chloride as an intermediate over the forecast period . The active pharmaceutical ingredients segment is estimated to be valued at US $ 154.6 Mn by the end of 2016 .
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On the basis of region , the global chloroacetyl chloride market has been segmented into North America , Latin America , Europe , Asia Pacific , and the Middle East & Africa . Sales of chloroacetyl chloride in the APAC region is estimated to be valued at US $ 159.1 Mn by the end of 2016 and this region is expected to remain dominant throughout the forecast period . Latin America is expected to witness a significant growth over the forecast period . This growth is mainly attributed to developing economies in Latin America that are investing in production facilities in agrochemicals and pharmaceuticals . Development in APIs due to increasing risk of lifethreatening diseases is expected to fuel the demand for chloroacetyl chloride as a reaction intermediate in North America over the forecast period .
The global chloroacetyl chloride market report features some of the leading companies operating in the global chloroacetyl chloride market . Companies profiled in the report include CABB GmbH , Daicel Corporation , Altivia Corporation , Shiv Pharmachem Ltd ., Transpek Industry Limited , Taixing Shenlong Chemical Co . Ltd ., and Chengwu Chenhui Environmental Protection Technology Co . Ltd . among others . Top companies operating in the global chloroacetyl chloride market are focusing on enhancing their global presence by entering or expanding their footprint in a largely untapped market .
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Global Chloroacetyl Chloride Market 2016-2024