A new report authored by QY Research offers an exhaustive research study on the global 3-methoxypropylamine (MOPA) (CAS 5332-73-0) market. Bearing the title “Global 3-Methoxypropylamine (MOPA) (CAS 5332-73-0) Market Report, History and Forecast 2014-2025,” the report provides forecast data from 2019 to 2025 and historical data from 2014 to 2018. As per the analysis included in the report, the global 3-MOPA (CAS 5332-73-0) market is projected to touch US$160 Mn by the end of 2025, rising at a 3.7% sluggish CAGR during the forecast period. In 2018, the global market attained a valuation of US$120 Mn.
Global 3-MOPA (CAS 5332-73-0) Market: Market Drivers
High application of products in the organics industry is foretold to increase the demand in the global 3-MOPA (CAS 5332-73-0) market. The functionality of products as chemical intermediates creates strong applications in the organics and chemical and material industries. There could be different forms of packaging used to sell products in the global 3-MOPA (CAS 5332-73-0) market. However, products are mainly available in drums and bulk packaging in the global market.
The miscible nature of products could be another factor helping with their demand in the global 3-MOPA (CAS 5332-73-0) market. The analysts have also shed light on some growth restraints that could impact sales in the coming years. Moreover, the report gives information on key opportunities available in the global market.
Global 3-MOPA (CAS 5332-73-0) Market: Segments
The global 3-MOPA (CAS 5332-73-0) market is segmented by product and application. On the basis of product, the global market is segmented into MOPA ≥99.5%, MOPA ≥99.0%, and others. Among these, MOPA ≥99.0% is mainly used in the global market. This segment collected a significant market share and revenue in the global market.
By application, the global market is segmented into corrosion inhibitor, pharmaceutical intermediaries, dyes (Disperse Blue 60), and others.
Global 3-MOPA (CAS 5332-73-0) Market: Geography
According to the report, China has the highest number of manufacturers operating in its 3-MOPA (CAS 5332-73-0) market. It is also the leading 3-MOPA (CAS 5332-73-0) market in terms of global export quantity. Europe takes the second position in the global 3-MOPA (CAS 5332-73-0) market after China.
The authors of the report have provided information and data on the CAGR, market share, revenue, production, and sales of key regions, viz. the MEA, Asia Pacific, South America, Europe, and North America.
Global 3-MOPA (CAS 5332-73-0) Market: Competitive Analysis
The report covers prominent players of the global 3-MOPA (CAS 5332-73-0) market: Shandong XinTai Water Treatment Technology, Tianjin Zhongxin Chemtech, Indo Amines, ZORANOC, IRO Group, Monachem LLP, Koei Chemical, Solvay, Huntsman, Arkema, Kunshan Xianghe Fine Chemicals, and BASF.
Arkema and Kunshan Xianghe Fine Chemicals have already showed significant profits in the global 3-MOPA (CAS 5332-73-0) market. Nonetheless, BASF attained the most remarkable profits in the global market, according to the competitive analysis provided in the report. Adoption of different business and marketing strategies is expected to widen the gap between the market shares of top players operating in the global market.