Market Research Future published a Half Cooked Research Report on “Global Benzyl Chloroformate Market Research Report – Forecast to 2023”– Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Choice Organochem LLp (India), Paushak Limited (India), Nacalai Tesque (Japan), BASF SE (Germany), Tokyo Chemical Industry Co., Ltd. (Japan), Chemlin Chemical Industry Co., Ltd (China), MERYER CO., LTD (China), Thermo Fisher Scientific Inc. (US), Wako Pure Chemical Industries, Ltd. (Japan), J&K Scientific Ltd. (China), and others among others are some of the prominent players at the forefront of competition in the Global Benzyl ChloroformateMarket and are profiled in MRFR Analysis.
Benzyl Chloroformate Market – Overview
Benzyl chloroformate also known as benzyloxycarbonyl chloride, benzyl chlorocarbonate, carbobenzoxy chloride, Carbonochloridic acid phenylmethyl ester, and z-chloride, and represent with the linear formula ClCO2CH2C6H5, which is a clear light oily liquid, and variants its color to yellow to colorless
Usually, benzyl chloroformate is used for the production of synthesis of pharmaceuticals and agrochemicals especially for some carbamates which are used as herbicides, insecticides, sprout inhibitors, fungicides, biocides, and others. The global benzyl chloroformate market is expected to grow at healthy annual increment which is driven by demand from end use industries. The industry is increasingly shifting towards Asia Pacific region in line with the shift of its key consumer industries such as agricultural, pharmaceutical, plastic, and other. As a result of this shift, China is the largest contributor and accounted largest share followed by North America and European Union to the global Benzyl Chloroformate market.
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Industry/ Innovation/ Related News:
June 2012 – Chongqing ChangFeng Chemical Co.,Ltd. is a leading manufacturer of high performance chemicals that use phosgene and aromatic amines as main intermediates. A major phosgene derivative production base. Company share the largest capacity for phosgene production in China and offer a variety of products. Recently, the production capacities of Tetrabutylurea, Akardite II, 4-Cloromethyl-5-methyl-1,3-dioxol-2-one (DMDO), Octadecanoyl chloride and benzyl chloroformate are expanded.
April 2012 – Spectrum Chemicals & Laboratory Products became a premier US distributor for TCI America, an internationally recognized leader providing specialty chemicals for research and science. This agreement provided Spectrum access to one of the most comprehensive line of organics for R&D, biochemical, medicinal chemistry and general laboratory use and pushes Spectrum’s chemical offering to over 40,000 unique chemicals includingbenzyl chloroformate.
The report analyses the degree of competition among the industry players as well as industry growth and market scenario in India and the world. The global benzyl chloroformate market is at a growing stage, which represents moderate stats in terms of market value and overall volume. Over the past few years, benzyl chloroformate market has witnessed healthy demand from end use industries such as agricultural, pharmaceutical, plastic. Globally market for benzyl chloroformate is fragmented and it is moving towards growth expansion by specifically adopting partnership, expansion and joint-venture strategies and product launch strategies.
Asia Pacific region accounted largest market share in the global benzyl chloroformate market and expected to dominate during the forecast period due to rising demand of insecticides, fungicides, herbicides, sprout inhibitors, biocides and technological advancement in the region. China dominated the global market, accounted more than one fourth of the global market share. China accounted for more tyhan 40% of the market share in Asia Pacific region. China is followed by US. Europe is the third largest region, European market is mainly driven by Germany. As many manufacturers are showing the interest in increasing manufacturing facility in line Middle East and Latin America, the regions also expected to contribute more in near future.
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