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