Valeryl Chloride Market: Introduction
Valeryl chloride also known as Pentanoyl chloride is an acyl chloride compound. Valeryl Chloride has unique physical and chemical properties, and make very reactive intermediates. Valeryl chloride is used widely in agrochemicals and pharmaceuticals manufacturing. Valery chloride is used in pharmaceutical companies for medicinal raw material, surfactant and as an emulsifier. Pharmaceutical medicines uses valeryl chloride for manufacturing. Agrochemicals sectors consumptions involve valeryl chloride, for manufacturing pesticide intermediate, multiple products include valeryl chloride for its crop protecting agent.
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Valeryl chloride is used as a raw material for the production of various surfactant and fragrances, its varied chemical and physical properties is useful for a lot of manufacturing process. Valeryl Chloride finds its application in electronics for semiconductors, liquid crystal displays among others.
Valeryl Chloride Market: Dynamics
Valeryl chloride is extensively driven by pharmaceutical and agrochemicals sectors. Aging population and advancement in the healthcare has led to increase in demand of better pharmaceutical products. Increasing general awareness amongst the general population has increased the demand for medicine for better physical and mental health, this all drives the valeryl chloride at a steady rate over the forecast period. Increasing population have led to increase in the demand for better agrochemicals for faster and quality production. Advancements in agrochemical sectors is estimated to increase in demand of valeryl chloride.
Valeryl Chloride Market: Segmentation
The global Valeryl Chloride Market has been segmented by: Application
- Pharmaceuticals
- Agrochemicals
- Fragrances
- Electronics
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The global valeryl chloride market has been segmented by: Purity
- 98%
- 99%
- Others
Valeryl Chloride Market: Regional Outlook
North America and Europe have established a dominant presence in the pharmaceutical market. U.S. being a key player in the pharmaceutical market because of the higher attractiveness of pharmaceutical industry for a wide range of customers with low levels of prize regulations, has always been a very positive market for pharmaceutical products, which in turn will drive the valeryl chloride market over the forecast period. North America and Europe will witness a steady growth in the valeryl chloride market over the forecast period. In the Asia-Pacific region countries such as China and India have observed steady growth in the pharmaceutical and agrochemicals industries, which will propel the valeryl chloride market over the coming years. Government initiatives for better medical and health care have also pushed the valeryl chloride market positively.
Agrochemicals extensively will drive the market of valeryl chloride, Asia-Pacific holding a dominant share in this sector with increasing agricultural activities, leading to manufacturing of pesticides, crop protecting agents among others. Positive agricultural activities in Latin American countries such as Brazil, Colombia will keep witness a steady valeryl chloride market. Investments of multiple pharmaceutical companies in Middle-Eastern companies and Africa holds the region a potential market for valeryl chloride, for now it will stays stagnant.
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Valeryl Chloride Market: Key Players
The key players of Valeryl Chloride are:
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 among others