Benzotrichloride Market to Record Ascending Growth by 2018 – 2026

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Global Benzotrichloride Market: Outlook

Benzotrichloride, which is also known as trichlorotoluene, is an organic compound with the chemical formula C6H5CCl3. It is a clear colorless to yellowish colored liquid, which is oily, unstable, and chlorinated hydrocarbon with penetrating odor. It is generally used as an intermediate in the preparation of other chemical products such as dyes. Benzotrichloride is also employed in the manufacture of benzoyl chloride, chlorinated toluene, and benzotrifluoride. It is also used as dyestuff intermediate. Benzotrichloride is produced by the free radical chlorination of toluene, which is catalyzed by light or radical initiators such as dibenzoyl peroxide. Its derivatives are used as ultraviolet (UV) stabilizers in plastic and to manufacture antiseptics and antimicrobial agents. It is also known by different names such as trichloromethy benzene, and phenylchloroform. Benzotrichloride is insoluble in water. It releases toxic and corrosive fumes when it reacts with water or steam. This chemical is classified as anextremely hazardous substancein the U.S. as defined in Section 302 of the U.S.Emergency Planning and Community Right-to-Know Act(42 U.S.C. 11002). It is subject to strict reporting requirements by facilities which produce, store, or use it in significant quantities.

Global Benzotrichloride Market: Drivers and Restraints

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Globalization and commercialization of benzotrichloride are propelling the benzotrichloride market. Expansion in building & construction and infrastructure industries is also augmenting the benzotrichloride market. Furthermore, increase in global demand for consumer goods and commodities is estimated to boost the benzotrichloride market. On the other hand, factors such as uneven economic growth and fluctuation in prices of raw materials are projected to hamper the benzotrichloride market. Benzotrichloride is also carcinogenic. It is toxic to human beings as exposure to benzotrichloride causes skin and eye irritation, lungs infections, etc. These factors are anticipated to hamper the benzotrichloride market.

Global Benzotrichloride Market: Key Segments

Based on product type, the benzotrichloride market can be bifurcated into benzotrichloride 99.0% and benzotrichloride 99.5%.

In terms of end-use industry, the benzotrichloride market can be divided into chemical industry, dye industry, and pharmaceuticals industry.

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Based on geography, the benzotrichloride market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In terms of volume, Asia Pacific holds significant share of the market owing to the rise in investment in the building & construction industry in the region due to rapid urbanization and industrialization. The market for benzotrichloride in Asia Pacific is also expected to grow at a rapid pace with a significant CAGR during the forecast period.

Global Benzotrichloride Market: Key Players

Key players operating in the benzotrichloride market include Nippon Light Metal Company, INEOS, Changzhou Guanjin Chemical Company Limited, YiDu Jovian Industry Company Limited, Jiangsu Jiamai Chemical Company Limited, Gaoyou Gaoyuan Auxiliary Company Limited, Zhejiang Kangfeng Chemicals Company Limited, Zhejiang Weihua Chemical Company Limited, and Jiangsu ChangSanJiao Fine Chemical Company Limited.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information: Tailwinds and headwinds molding the markets trajectory Market segments based on products, technology, and applications Prospects of each segment Overall current and possible future size of the market Growth pace of the market Competitive landscape and key players strategies

The main aim of the report is to: Enable key stakeholders in the market bet right on it Understand the opportunities and pitfalls awaiting them Assess the overall growth scope in the near term Strategize effectively with respect to production and distribution

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This post was originally published on Space Market Research


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