The global valeryl chloride market size is expected to reach USD 898 Million by 2032. As per the FMI report, the global valeryl chloride market share stood at USD 551.25 Million in 2022 and is set to exhibit growth at a CAGR of 5% during the forecast period.
| Report Attribute | Details |
|---|---|
| Valeryl Chloride Market Estimated Base Year Value (2021) | USD 525 Million |
| Valeryl Chloride Market Expected Market Value (2022) | USD 551.25 Million |
| Valeryl Chloride Market Anticipated Forecast Value (2032) | USD 898 Million |
| Valeryl Chloride Market Projected Growth Rate (2022 to 2032) | 5% CAGR |
Demand for valeryl chloride is mostly achieved for use in agricultural inputs and medicines production.
Pharmaceutical businesses demand valeryl chloride as a medical feedstock, a surfactant, and an emulsifier, used in the production of medications. Sales of valeryl chloride are accelerating for use in the agrochemicals industry to make pesticide intermediates or crop protection agents.
The years of research and development by chemical industries have boosted the demand for valeryl chloride in several new sectors of the economy. Over the forecasted years, the valeryl chloride market share is anticipated to garner strength through the transfer of technology to emerging economies.
The global demand for valeryl chloride witnessed a downturn in the aftermath of the Covid-19 pandemic, owing to the shutdown of the non-essential goods economy. However, after the residing of the global pandemic, the valeryl chloride market share has registered a revival growth in parallel with the global chemical and pharmaceutical market.
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Most of the demand for valeryl chloride is as a raw material for the production of various surfactants and fragrances. Its varied chemical and physical properties are useful for many manufacturing processes resulting in higher sales of valeryl chloride in industrial units.
It also finds its application in electronics for semiconductors and liquid crystal displays that have boosted the sales of valeryl chloride in the electronics segment in recent years. However, in the last couple of years, the pharmaceutical and agrochemicals sectors have extensively driven worldwide sales of valeryl chloride.
The aging population and advancements in healthcare have led to an increase in demand for better pharmaceutical products. Consequently, increasing general awareness amongst the general population has increased the use of medicine for better physical and mental health, which is expected to drive the demand for valeryl chloride at a steady rate over the forecast period.
The increasing population has also increased the demand for better agrochemicals for faster and quality production. Advancements in agrochemical sectors are estimated to increase demand for valeryl chloride in the coming days. Agriculture-based economies are anticipated to remain at the forefront in sales of valeryl chloride.
Stringent government regulations for the protection of laborers working in the industries contributing to the growth of the valeryl chloride market share are anticipated to hinder the growth.
Apprehensions about the safety of this chemical present in end products are also a major challenge for higher sales of valeryl chloride in several parts.
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North America and Europe have established a dominant presence in the pharmaceutical market. The USA is a key player in the pharmaceutical market because of the higher attractiveness of the pharmaceutical industry for a wide range of customers with low levels of price regulations.
It has always been a very positive market for pharmaceutical products, which will drive the sales of valeryl chloride in the regional market over the forecast period. North America and Europe will witness steady growth in the demand for valeryl chloride over the forecast period.
In the Asia-Pacific region, countries such as China and India have observed steady growth in the pharmaceutical and agrochemical industries, which will propel the demand for valeryl chloride over the coming years. Government initiatives for better medical and health care have also pushed the sales of valeryl chloride in the local markets positively.
As agrochemicals extensively drive the sales of valeryl chloride, Asia-Pacific holds a dominant share in this sector with increasing agricultural activities, leading to the manufacturing of pesticides and crop-protecting agents, among others. Positive agricultural activities in Latin American countries such as Brazil and Colombia will also witness steady demand for valeryl chloride.
Investments of multiple pharmaceutical companies in Middle-Eastern companies and Africa holds the region as a potential market for higher sales of valeryl chloride, though it may stay stagnant for some more years.
Some of the leading companies operating in the global valeryl chloride market are Shiva Pharmachem, Omega fine chem Pvt. Ltd., Zibo Shanqiang Plastic Co., Ltd., Chemicalland21, Tejraj Bros, Dev Enterprise, BASF SE, CABB Chemicals, Hangzhou Fanda Chemical, Jiangsu Baichang Pharmaceutical, Leonid Chemicals, Shandong Jiahong Chemical, Jinnan Fufang Chemical, and Lianfeng Chemicals among others.
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| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 5% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2015 to 2020 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Million, Volume in Kilotons, and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered |
Purity, Application, Region |
| Regions Covered |
North America; Latin America; Western Europe; Eastern Europe; Asia Pacific Excluding Japan; Japan; Middle East and Africa |
| Key Countries Profiled | USA, Canada, Brazil, Argentina, Germany, United Kingdom, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASIAN, GCC Countries, South Africa |
| Key Companies Profiled |
Shiva Pharmachem; Omega finechem Pvt. Ltd.; Zibo Shanqiang Plastic Co., Ltd.; Chemicalland21; Tejraj Bros; Dev Enterprise; BASF SE; CABB Chemicals; Hangzhou Fanda Chemical; Jiangsu Baichang Pharmaceutical; Leonid Chemicals; Shandong Jiahong Chemical; Jinnan Fufang Chemical; Lianfeng Chemicals. |
| Customization | Available Upon Request |
The global valeryl chloride market is predicted to grow at a rate of 5% over the forecast period of 2022 to 2032.
The global valeryl chloride market is set to exceed USD 898 Million in 2032.
Asia Pacific is set to lead the valeryl chloride market in the forecast period.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application 5.1. Pharmaceuticals 5.2. Agrochemicals 5.3. Fragrances 5.4. Electronics 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Purity 6.1. 98% 6.2. 99% 6.3. Other Purities 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region 7.1. North America 7.2. Latin America 7.3. Europe 7.4. East Asia 7.5. South Asia & Pacific 7.6. Middle East and Africa 8. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 9. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 10. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 11. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 12. South Asia & Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 13. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 14. Key Countries Market Analysis 15. Market Structure Analysis 16. Competition Analysis 16.1. Shiva Pharmachem 16.2. Omega finechem Pvt. Ltd. 16.3. Chemicalland21 16.4. Tejraj Bros 16.5. Dev Enterprise 16.6. BASF SE 16.7. CABB Chemicals 16.8. Hangzhou Fanda Chemical 16.9. Jiangsu Baichang Pharmaceutical 16.10. Shandong Jiahong Chemical 16.11. Jinan Fufang Chemical 17. Assumptions & Acronyms Used 18. Research Methodology
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Valeryl Chloride Market
