Diethyl Oxalate Market Is Projected To Increase At A 4.9% CA...| MENAFN.COM

Friday, 03 February 2023 02:48 GMT

Diethyl Oxalate Market Is Projected To Increase At A 4.9% CAGR Between 2023 And 2032

(MENAFN- Ameliorate Digital Consultancy)

diethyl oxalate market

The global Liquid diethyl oxalate market was valued at US$ 98,861.7 Th in 2021. global market for Liquid diethyl oxalate is estimated to reach a value of US$ 165.68 Mn by the end of 2032. Consumption of diethyl oxalate is projected to increase at a 4.9% CAGR between 2022 and 2032. Growing pharmaceutical, agriculture, and pigment & dye industries are expected to bolster diethyl oxalate market growth.

Diethyl oxalate is an organic compound with colorless characteristics. It is the dimethyl ester of oxalic acid. Diethyl oxalate is used to make active pharmaceutical ingredients (API), polymers, and intermediates for dyestuffs. It is also used as a solvent to make esters, resins, fragrances, and electronic lacquers.

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The report published on Diethyl Oxalate Market is a comprehensive analysis that includes the key parameters and indicators critical in understanding the market. The data from the years 2022 to 2030 has been used to present the market status and size. The study also covers the overall market valuation along with the CAGR for the forecast period. The introductory chapter presents an overview of Diethyl Oxalate Market along with the product definition and market scope. The report also analyzes consumer trends regarding the products along with the industry development trends.

Market Dynamics

Diethyl Oxalate Market growth in the current scenario as well as in the coming years and the factors affecting it has been discussed in detail. The interplay of demand and supply forces in this market along with the external factors have been studied. The effect on the market in terms of growth has been studied to aid the market forecast. The pricing policies used in various regions of Diethyl Oxalate Market and the effect they have on the consumption behavior have been studied.

Dyestuffs and solvents are expected to remain key application fields for diethyl oxalate owing to the substantial production of pigments & dyes across the globe. Also, the growing demand for generic and OTC drugs is expected to propel the demand for diethyl oxalate owing to increased consumption of these pharmaceutical drugs in daily lifestyle.

Increasing population has resulted in higher demand for food, which is expected to bolster demand for agrochemicals for higher yield, thereby augmenting diethyl oxalate demand in the near future.

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Key Companies-

  • TCI Chemicals
  • BorsodChem MCHZ, s.r.o
  • Zibo Xusheng Chemical Co., Ltd
  • ACETO GmbH
  • Connect Chemical GmbH
  • Merck KGaA
  • Nanjing Chengyi Chemical Co., Ltd.
  • RX Chemicals
  • Alpha Chemika
  • Hefei TNJ Chemical Industry Co., Ltd.
  • Indian Oxalate Limited
  • Mudanjiang Fengda Chemicals Corporation

Key Takeaways from Market Study

  • The global market for diethyl oxalate is estimated to reach a value of US$ 165,685.8 Th by the end of 2032.
  • The liquid segment is estimated to witness a CAGR of 4.8 during the assessment period of 2022-2032.
  • Dyestuffs are estimated to remain a key application of diethyl oxalate, and the segment is expected to witness a growth rate of 5.7% over the forecast period.
  • North America is anticipated to create an incremental dollar opportunity of US$ 10,700.1 Th during the forecast period.
  • By end-use industry, the plastics & polymers segment is anticipated to witness a CAGR of 5% over the decade.

“Key market participants are investing a fair share of their revenue in research & development to investigate new applications of diethyl oxalate, as the market is still in its early developmental stage,” says a Persistence Market Research analyst.

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Key Questions Answered in Liquid Diethyl Oxalate Market Report –

  • What are the Roadblocks for Diethyl Oxalate Suppliers?
  • What are the Key Opportunities for Diethyl Oxalate Manufacturers?
  • How is Focus on Safety Influencing Diethyl Oxalate Demand?
  • What is the Regulatory Impact on Global Sales of Diethyl Oxalate?
  • Which Region Offers the Largest Opportunity for Sales of Diethyl Oxalate?
  • Where Does the U.S. Stand in the Market for Diethyl Oxalate?
  • What Is the Outlook for Diethyl Oxalate Manufacturers in China?
  • Why is Germany a Lucrative Market for Diethyl Oxalate Manufacturers?
  • Why Will Belgium Outpace Other European Markets for Diethyl Oxalate?
  • Why is There High Demand for Tires in Diethyl Oxalate?
  • Why are Sales of Diethyl Oxalate Surging?

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