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Chlorobutanol Market Size, Share & Industry Analysis, By Product type (Anhydrous Chlorobutanol, Hemihydrate Chlorobutanol), By Application (Pharmaceutical Industry, Cosmetics & Personal Care Industry) and Regional Forecast, 2024-2032
Report Format: PDF | Published Date: Ongoing | Report ID: FBI103381 | Status : UpcomingChlorobutanol is a white-coloured compound. The taste and odour of chlorobutanol and camphor is quiet similar. The chemical is a preservative premised on alcohol and completely lacking of surfactant activity. The compound is comparable to chlorohydrate, as it is created by simply adding chloroform to the nucleophile. The quantity of chlorobutanol used in different multi-ingredient compositions is 0.5%, which ultimately gives these products a prolonged stability.
The rising rate of eye-related illnesses in a number of people due to external factors such as increased emissions and the rapidly growing geriatric population leads to the rise in the demand and marketing of eye care products, which contributes to the growth of the chlorobutanol industry. However due to the unstable nature of chlorobutanol when processed for an prolonged time at room temperature, it looses its effectivity. It is understood however that chlorobutanol retains antibacterial activity in liquid. Chlorobutanol's long marginal life prevents its use in painkillers as it leads to accumulation in human body if multiple doses are provided.
Market Segmentation:
Based on type, the market for chlorobutanol is further segmented anhydrous chlorobutanol and hemihydrate chlorobutanol. Based on application, the market for chlorobutanol is further segmented into pharmaceutical industry, and cosmetics & personal care industry. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Key Players Covered:
The global chlorobutanol market is fairly fragmented, with a number of global & regional players operating. Some of the key players in the chlorobutanol market includes Capot Chemical Co. Ltd., Laxachem Organics Pvt. Ltd., Toronto Research Chemicals, JSN Chemicals, Jigs Chemical, Bruchem, Inc., Spectrum Chemical Mfg. Corp., Penta Manufacturing Company, Inc., Otto Chemie Pvt. Ltd. and Universal Preserve-A-Chem
Key Insights
- New Advancements in Production Technologies
- Key Trends in the Chlorobutanol Market
- New Product Launches, Expansions, Key Players
- Ranking of Key Players in the Market
Regional Analysis:
In terms of Geography, the chlorobutanol market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America has the most prevalence in the chlorobutanol market . This is owing to the large number of pharmaceutical companies in the US and Canada. Also the eye care pharmaceutical industry involves great application of chlorobutanol. The growing aging population in the region would drive the treatment requirements for eye-related disorders to fuel the growth of the chlorobutanol market. The Asia Pacific has a large market share due to increasing pollution, which leads to increased manufacturing and supply of eye-care products, thereby helping the chlorobutanol market to rise. Europe is witnessing high market growth due to the use in a number of pharmaceutical solutions, in particular injectables. However, chlorobutanol is also used in many oral tranquilizers and topical anaesthetics that further drive the demand in these regions. Middle East and Africa are predicted to face sluggish growth due to the influence of tight regulations by the governments. As a result of the less number of pharmaceutical industries in the region, Latin America is seeing relatively slow growth.
Segmentation
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Chlorobutanol Industry Developments
- On 12th August 2019, LGC has confirmed that it has completed the acquisition in Toronto Research Chemicals, a leading manufacturer of organic synthetic bio-chemicals used as reference standards, by a broadly diverse global client base across the pharmaceutical, and research sectors. Toronto Research Chemicals acquisition brings wide-ranging benefits of synthetic and analytical chemistry capabilities
- Global
- 2023
- 2019-2022