Chlorotoluene Market Forecast, Size and Gross Margin Analysis by 2023
28th February 2019 – Global Chlorotoluene Market is anticipated to
witness exponential growth in the forecast period. Chlorotoluene is a group of
three isomeric chemical compounds. It (para-chlorotoluene, meta-chlorotoluene,
and ortho-chlorotoluene) involves a disubstituted benzene ring with one
chlorine atom and one methyl group. The isomers vary with respect to the
position of the chlorine but have the same chemical formula. All have similar
boiling points, though p-chlorotoluene has a much higher melting point owing to
a more tightly-packed crystal structure.
The factors that propel the growth of the market include high demand
from the food packaging industry, tire manufacturing, and for cleaning
photographic films. On the other hand, there are factors that may hamper the
growth of the market including probability of irritation to the skin.
Chlorotoluene market is anticipated to expand at a significant CAGR in the
upcoming period as the scope, product types, and its applications are
increasing across the globe.
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The market could be explored by type, grade, application,
and geography. Market could be explored by type as 3-Chlorotoluene,
2-Chlorotoluene, and Others. The “2-Chlorotoluene” segment led the market in
2017 and will continue to lead in the forecast period. The key factors that
could be attributed to the growth of the market include high demand form
application segment. Chlorotoluene market could be explored by grade type as
Pharmaceutical Grade, Industrial Grade, and Others.
The key applications that could be explored in the market
include Chemical Industry, Agriculture, Pharmaceutical Industry, Textile
Industry, and Others. The “Chemical Industry” segment led the market in 2017
and will continue to lead in the forecast period. The key factors that could be
attributed to the growth of the market include high use and demand from
industry.
Report
contents include
• Analysis of the chlorotoluene market including revenues,
future growth, market outlook
• Historical data and forecast
• Regional analysis including growth estimates
• Analyzes the end user markets including growth
estimates.
• Profiles on chlorotoluene including products,
sales/revenues, and market position
• Market structure, market drivers and restraints.
Some of the key players that fuel the growth of the
chlorotoluene market comprise Iharanikkei Chemical Industry, LANXESS
Corporation, Sovika Group, Shandong Exercise Chemical, INEOS, Shimmer Chemicals
Pvt. Ltd, Hunan Zhuzhou Chemical Industry Group, Jiangsu Hongxing Chemical, and
Changzhou Yanfeng Chemical. The leading companies are taking up partnerships,
mergers and acquisitions, and joint ventures in order to boost the inorganic
growth of the industry.
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Key regions
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
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