The global pivaloyl chloride market is poised for substantial growth in the forecast period between 2022 and 2032, with a projected Compound Annual Growth Rate (CAGR) ranging from 4.3% to 6%. The increasing demand for pivaloyl chloride in the pharmaceutical and agrochemical industries is expected to be the primary driver of this growth. Pivaloyl chloride, also known as trimethylacetyl chloride, is a vital chemical compound utilized in various applications due to its versatile properties.
Pivaloyl Chloride is 2, 2- dimethylpropanoyl chloride, which is clear to pale yellow liquid, having pungent odor. Pivanoyl chloride is majorly used as a building block in pharmaceutical, refining chemicals, and agrochemical industries. Pivaloyl Chloride can be produced both by batch and continuous processes at a commercial scale. Pivanoyl chloride is in intermediate for various pesticides, insecticides and pharmaceutical compounds.
In pharmaceutical industry it is used to manufacture DPE, aminobenzylpenicilin, cefazolin, dipivefrin, cephalexin, and dipivalyl epinephrine. It is also majorly used to manufacture peroxy esters as well as starting materials for the manufacturing of organic peroxides. Continuous research and developments are pushing the use of pivanoyl chloride in various applications, however, stringent environmental and safety regulations are creating challenges for the manufacturers for pushing the potential sales of the pivanoyl chloride.
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Pivaloyl Chloride Market Trends: Expansion, Innovation, and Research
Key players in the market are investing in research and development to improve the existing products and to find new applications of pivaloyl chloride. This growth in innovation is expected to result in the increase in demand for pivaloyl chloride. Significant amount of pivaloyl chloride is also consumed as laboratory chemical, therefore increasing research activities are bolstering the growth of pivaloyl chloride market.
Global Pivaloyl Chloride Market Participants
Some of the market participants identified across the value chain of global Pivaloyl Chloride market are:
- BASF SE
- Hebei Fude Chem-Tech
- Lanzhou Auxiliary Agent
- VWR International, LLC.
- Lubon Chemical
- CABB Chemicals
- AIHENG Industry
- Shandong Jiahong Chemical
- Shandong Minji Chemical
- JSN Chemicals LTD
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Key Segments Profiled in the Pivaloyl Chloride Industry Survey
By Application:
- Insecticides Intermediates
- Pesticides Intermediates
- Pharmaceutical Intermediates
By End-Use Industry:
- Agricultural
- Pharmaceuticals
- Polymer
- Other (Chemical Industry)
Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific
- Japan
- Middle East & Africa
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