Decanoyl Chloride Market Set to Acquire Greater Traction Due to Manufacturers’ Contribution, reports Fact.MR study

Posted on 2019-07-01 by Mark Hub in Chemicals // 0 Comments

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Decanoyl Chloride is an organic carbonyl chemical compound and acid halides with two carbon acyl chloride. By physical appearance, decanoyl chloride is clear colorless to a faint yellow liquid chemical with low melting and high boiling point. Decanoyl Chloride Market is also found in the powder form with white to yellow, and beige to brown colors. It is miscible with water slowly as well as soluble in organic solvents. Decanoyl chloride chemical substance is used as an intermediate chemical or raw material to manufacturing various types of chemical substances. Decanoyl chloride is also used in the formulation of oligomers composed of alternating diaminopyridine.

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The chemical substance decanoyl chloride is used in the various processes and activities during the manufacturing of other chemical substances such as closed batch processing in formulation or synthesis, and transfer of highly toxic and moisture sensitive chemical substances at dedicated facilities with closed processes without exposure in the environment. Moreover, the chemical compound decanoyl chloride is used in the fusion of an active metalloproteinase inhibitor. In addition, it also acts as a laboratory reagent in the fusion of reversible alpha-keto heterocycle inhibitors of saturated fatty acid amide hydrolase.

Furthermore, the decanoyl chloride is also known as caprinoyl chloride, capric acid chloride, decanoic acid chloride, and n-decanoyl chloride. It is manufacturing by the reactant of decanoic acid. For this, thionyl chloride and benzene are used as a reagent and solvent respectively.

Decanoyl Chloride Market: Dynamics

The consumption of organic chemical substance decanoyl chloride is projected to witness a steady growth rate over the coming years. The global decanoyl chloride market is expected to primarily drive by the growing adoption of this chemical across the various application including pesticides, pharmaceutical, and laboratory reagents among many others. The growing use of decanoyl chloride as a raw material or chemical intermediate to manufacture various chemical substances including agrochemicals, personal care, and surfactants are expected to accelerate the demand of decanoyl chloride across the globe during the forecast period. Moreover, the decanoyl chloride application in the formulation of pharmaceuticals, and organic peroxide inhibitors are also anticipated to lay a strong base for gaining high traction for decanoyl chloride market growth over the coming years. However, decanoyl chloride is a highly toxic chemical substance, owing to this government approved licenses are required to manufacture this chemical substance, and the limited applications of decanoyl chloride may acts as a challenge for the market growth during the forecast period.

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Geographically, the Asia Pacific is estimated to account for hold a significant share in the global decanoyl chloride market during the forecast period, owing to the robust growth of the chemical industry in the emerging economic countries of the region, i.e. China and India. The growing use of decanoyl chloride among numerous application such as pesticides and pharmaceutical are projected to drive the demand of decanoyl chloride across the region over the forecast period. North America and Europe are estimated to witness substantial growth in the global decanoyl chloride market during the forecast period owing to well-established research and development centers in the field of pharmaceutical and healthcare industry. Moreover, owing to growing agrochemicals consumption, the decanoyl chloride market in Latin America is projected to register healthy growth over the forecast period. Additionally, the Middle East and Africa are projected to register moderate growth in the decanoyl chloride market in the upcoming years, owing to establishing new research and development centers, and laboratories to formulating chemical substances.

The research report presents a comprehensive assessment of the Decanoyl Chloride market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated Decanoyl Chloride market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to Decanoyl Chloride market segments such as geographies, application, and industry.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on Decanoyl Chloride market segments and geographies.

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