N-Propyl Bromide Market Is registering a CAGR of 2% across the forecast period (2020-2030).

Fact.MR, in its new offering, presents an unbiased analysis of the global n-propyl bromide market, presenting historical demand data (2015-2019) and forecast statistics for the period of 2020-2030. The study divulges essential insights on the n-propyl bromide market on the basis of function (intermediate, solvent, and others) and application (metal cleaning & degreasing, electronics, pharmaceuticals, agrochemicals, and others), across five major regions.

Attributed to n-propyl bromide’s low ozone depleting potential (ODP), it is approved by the EPA under the Significant New Alternatives Program (SNAP). Efficacy to dissolve hard wax, oils, greases and other contaminants from metal surfaces, coupled with its low ODP has resulted in n-propyl bromide emerging as an ideal replacement for trichloroethylene and perchloroethylene. Growing demand for n-propyl bromide from industrial cleaning applications such as vapor degreasers and ultrasonic systems are set to fuel market growth over the forecast period (2020-2030). Apart from metal cleaning and vapor degreasing, n-propyl bromide is highly utilized in cleaning optical components, medical equipment, and in electronic cleaning applications. As per Fact.MR analysis, the global n-propyl bromide market is slated to be valued around US$ 158 Mn in 2030.

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N-Propyl Bromide Market – Scope of Report:

A latest publication by Fact.MR on the global N-Propyl Bromide market evaluates the opportunities and current market landscape, and provides detailed analysis and updates about corresponding sections affecting the market.

The study offers detailed insights on key market dynamics, which include the drivers, restraints, trends, and opportunities in the market.

The principal aim of the study is to present exclusive information about how the market will perform during the forecast period of 2020-2030.

Important indicators for the successful growth of the N-Propyl Bromide market are presented in this comprehensive report, which include Year-on-Year (Y-o-Y) growth analysis of the market, and compounded annual growth rate (CAGR), which are described in an exhaustive way in Fact.MR’s study.

This research study can support readers to know the demand for N-Propyl Bromide supplements, and the quantitative development opportunities during the study period.

The research is beneficial for shareholders in Terminal Tractor, including investors, manufacturers, service providers, distributors, and suppliers, and can help them in developing suitable business strategies to flourish in the market.

Insights and wisdom presented in this Fact.MR study can be leveraged by shareholders in the market, industry experts, investors, researchers, and reporters, as well as business enthusiasts.

Competitive Landscape:

• The n-propyl bromide market is led by a very few manufacturers such as Albemarle Corporation, ICL (Israel Chemicals Limited), and Solaris Chemtech. Currently, these producers account for near half of global production. Albemarle Corporation is the largest n-propyl bromide producer in the United States, followed by Lanxess AG. In terms of production, Chinese manufacturers dominate global production, and currently account for over one-third of the market share. However, n-propyl bromide manufacturers are facing stiff competition from competitors such as 3M, The Chemours Company, and Honeywell, which may create numerous impediments for market players.

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Report benefits & key questions answered

• Post covid consumer spending on Terminal Tractor: the report also highlights the change in the buying behavior of consumers and shifts in purchasing power, post covid-19. This information will assist the businesses to plan their production and marketing strategies.
• N-Propyl Bromide demand outlook: the market intelligence study reports highlights the factor propelling the demand for Pulse Oximeters. As per the study, the demand for N-Propyl Bromide will grow through 2030.
• N-Propyl Bromide historical volume analysis: Fact.MR survey report provides insights into the sales registered over the last forecast year 2016 to 2020 and create estimates regarding the sales performance for 2020-2030.
• N-Propyl Bromide consumption by demographics: the report provides consumption by demographics analysis to assist the market players in designing their expansion strategies on the basis of consumption pattern of the customers.

N-Propyl Bromide Market Segmentations:

• By Function :

  • Solvent
  • Intermediate
  • Others

• By Application :

  • Metal Cleaning & Degreasing
  • Electronics
  • Pharmaceuticals
  • Agrochemicals
  • Others

• By Region :

  • North America
  • Europe
  • East Asia
  • South Asia & Oceania
  • Rest of the World

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