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Global Acetyl Chloride Market Projects to Reach 87 Million USD by 2024 – QY Research

Author: QYResearch | Publish date: 2018-11-01 | Views: 65
The new report published by QY Research offers insights on the global Acetyl Chloride market. The global Acetyl Chloride market is valued at US$ 64 Mn in 2017 and is expected to reach USD 87 million by the end of 2024, growing at a moderate CAGR of 4.48% between 2017 and 2024.


Global Acetyl Chloride Market: Driver

Acetyl chloride is an organic compound derived from acetic acid, substituting a hydroxil group OH- for a chlorine ion Cl-. It is an important organic synthesis intermediate, which is widely used in pharmaceutical industry, agriculture industry, dye industry and liquid crystal material which is expected to increase the growth of the global Acetyl Chloride market throughout the projected period. 

Global Acetyl Chloride Market: Key Takeaways

This report studies the Acetyl Chloride market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2019-2024; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Global Acetyl Chloride Market: Forecast by Application

Acetyl chloride is an important organic synthesis intermediate, which is widely used in the pharmaceutical industry, agriculture industry, dye industry, liquid crystal material etc. In terms of application segment, the pharmaceutical segment is its largest segment in the global Acetyl Chloride market, which shares 28% share of the overall consumption in the year 2017.

Global Acetyl Chloride Market: Forecast by Region

China and India are the producers of acetyl chloride. China is the largest producer of acetyl chloride in the world in the past few years and it is expected to retain its position in the years to come. In terms of the prices of products, the slow downward trend has been observed in the last couple of years. As competition will increase, the fluctuation is anticipated in the gross margin.  

Global Acetyl Chloride Market: Key Players

CABB, Shandong Taihe, Shangdong Xintai, Changzhou Zhongyao, Dongying Dafeng, Dongtai, Shandong Jiahong Chemical, Anhui Wotu, GHPC,Puhua, Changzhou Ouya Chemical, IOLCP, Salon Chemical, Nikava Pharmaceutical Industries, and Dev Enterprise, are the key vendors operating in the global acetyl chloride market. 

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