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.
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.
North America accounted for the major share of the chlorotoluene market in 2017 and will continue to lead in the forecast period. The factor that could be attributed to the growth includes increasing demand from several end-user industries. North America is followed by Asia-Pacific and European region owing to increasing demand.
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.
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.
• North America
• Asia Pacific
• Middle East and Africa
• South America
• request free sample to get a complete list of companies
Research Support Specialist, USA