2028 Global Chlorotoluene Market Forecasts Report Analysis


Posted October 20, 2021 by navyarao_d

According to Stratistics MRC, Global Chlorotoluene Market Value is expected to reach $1,183.16 million by growing at a CAGR of 3.9% during the forecast period.
 
Chlorotoluene is an important intermediate in the pharmaceuticals and agrochemicals industries. Chlorotoluene, also known as chlorinated toluene, refers to a group of three isomeric chemical compounds, where the benzene ring is attached to a chlorine atom and a methyl group. This group of isomeric compounds includes ortho, meta, and para chlorotoluene, which depends on the position of the chlorine atom with respect to the methyl group. Chlorotoluene is produced by the reaction of toluene with chlorine under moderate temperature and normal pressure in the presence of a metal catalyst, such as iron chloride or titanium chloride. A crude product is obtained with the isomeric ratio of chlorotoluene mixture depending on the temperature and catalyst. The pure chlorotoluene isomers are further separated by fractional distillation.

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By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the growing demand for the product in agrochemicals and pharmaceutical industries. Factors such as favourable governmental regulations, rapid industrialization, and robust growth of the chemicals industry are expected to be the key factors driving the growth of the regional market. Additionally, the pharmaceuticals industry is growing at a rapid CAGR in this region, which is anticipated to propel the growth of the regional market in the future.

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Some of the key players profiled in the Chlorotoluene Market include Changzhou Yuanfeng Chemical Co. Ltd, Hunan Zhuzhou Chemical Industry Group, Iharanikkei Chemical Industry Co., Ltd, Jiangsu Hongxing Chemical, Lanxess, Merck KGaA, Shandong Exceris Chemical Co. Ltd, Shimmer Chemicals Pvt. Ltd, Toray Industries Inc, Valtris Specialty Chemicals, and WeylChem International GmbH.

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

For more information about this report visit https://www.strategymrc.com/report/chlorotoluene-market

Related Markets:
1) https://www.strategymrc.com/report/chloromethane-market
2) https://www.strategymrc.com/report/monochloroacetic-acid-market

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Stratistics MRC offer a wide spectrum of research and consulting services with in-depth knowledge of different industries. Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.

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Issued By Madhav Ram
Country India
Categories Industry , Reports , Research
Last Updated October 20, 2021