Chlorotoluene Market
Chlorotoluene Market Forecasts to 2028 – Global Analysis By Type (2-Chlorotoluene or O-Chlorotoluene, 3-Chlorotoluene or M-Chlorotoluene, and Others), End User (Agriculture, Chemical Industry, and Others) and By Geography
According to Stratistics MRC, the Global Chlorotoluene Market is accounted for $871.20 million in 2020 and is expected to reach $1,183.16 million by 2028 growing at a CAGR of 3.9% during the forecast period. Rising demand for chlorotoluene in the manufacturing of pesticides & plant growth regulators, significant growth of the plastics, agrochemicals, and pharmaceutical industries, and increasing research & development activities are the major factors propelling the market growth. However, environmental and health hazards of chlorotoluene are hampering the market growth.
Chlorotoluene is an important intermediate in the pharmaceuticals and agrochemicals industries. Chlorotoluene, also known as chlorinated toluene, refers to a group of three isomeric chemical compounds, where the benzene ring is attached to a chlorine atom and a methyl group. This group of isomeric compounds includes ortho, meta, and para chlorotoluene, which depends on the position of the chlorine atom with respect to the methyl group. Chlorotoluene is produced by the reaction of toluene with chlorine under moderate temperature and normal pressure in the presence of a metal catalyst, such as iron chloride or titanium chloride. A crude product is obtained with the isomeric ratio of chlorotoluene mixture depending on the temperature and catalyst. The pure chlorotoluene isomers are further separated by fractional distillation.
Based on type, the 2-chlorotoluene or o-chlorotoluene segment is estimated to have a lucrative growth due to the increasing use of the product in the manufacturing of various agrochemicals, such as growth regulators, herbicides, fungicides, acaricides, and pesticides. Agrochemicals are majorly used for crop protection and to grow agricultural productivity. Moreover, o-chlorotoluene is used to produce benzyl chloride, which is used on a large scale in pharmaceuticals, cosmetics, paints industries, and agrochemicals. In addition, the growing demand for benzyl chloride in these applications is anticipated to consequently boost demand for chlorotoluene and favor the market growth during the forecast period.
By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the growing demand for the product in agrochemicals and pharmaceutical industries. Factors such as favourable governmental regulations, rapid industrialization, and robust growth of the chemicals industry are expected to be the key factors driving the growth of the regional market. Additionally, the pharmaceuticals industry is growing at a rapid CAGR in this region, which is anticipated to propel the growth of the regional market in the future.
Some of the key players profiled in the Chlorotoluene Market include Changzhou Yuanfeng Chemical Co. Ltd, Hunan Zhuzhou Chemical Industry Group, Iharanikkei Chemical Industry Co., Ltd, Jiangsu Hongxing Chemical, Lanxess, Merck KGaA, Shandong Exceris Chemical Co. Ltd, Shimmer Chemicals Pvt. Ltd, Toray Industries Inc, Valtris Specialty Chemicals, and WeylChem International GmbH.
Report Coverage |
Details |
Published Year: |
2021 |
Estimated Market Size in 2020: |
USD 871.20 million |
Estimated Period: |
2020 |
Compound Annual Growth Rate (CAGR) from 2020 to 2028: |
3.9% |
Predicted 2028 Value: |
USD 1,183.16 million |
Forecast Years: |
2021-2028 |
Tables, Graphs & Figures |
84 |
Chapters Covered: |
Type, End User and Region |
Core Drivers and Opportunities: |
|
Restraining Factors & Market Threats: |
|
Types Covered:
• 2-Chlorotoluene or O-Chlorotoluene
• 3-Chlorotoluene or M-Chlorotoluene
• 4-Chlorotoluene or P-Chlorotoluene
• Chlorotoluene Mixture
End Users Covered:
• Agriculture (Agrochemicals)
• Chemical Industry
• Paints & Coatings
• Personal Care
• Pharmaceutical Industry
• Polymers
• Textile Industry
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Chlorotoluene Market is majorly driven by rising demand for chlorotoluene in the manufacturing of pesticides & plant growth regulators, significant growth of the plastics, agrochemicals, and pharmaceutical industries, and increasing research & development activities.
The 2-chlorotoluene or O-chlorotoluene segment is growing at a highest CAGR owing to increasing use of the product in the manufacturing of various agrochemicals, such as growth regulators, herbicides, fungicides, acaricides, and pesticides.
Asia Pacific dominated with a significant market share due to the factors such as favourable governmental regulations, rapid industrialization, and robust growth of the chemicals industry.
Europe market is growing at a highest CAGR owing to the large-scale consumption of chlorotoluene products in the agrochemicals and pharmaceuticals industries.
Key players in Chlorotoluene Market include Changzhou Yuanfeng Chemical Co. Ltd, Hunan Zhuzhou Chemical Industry Group, Iharanikkei Chemical Industry Co., Ltd, Jiangsu Hongxing Chemical, Lanxess, Merck KGaA, Shandong Exceris Chemical Co. Ltd, Shimmer Chemicals Pvt. Ltd, Toray Industries Inc, Valtris Specialty Chemicals, and WeylChem International GmbH.
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Chlorotoluene Market, By Type
5.1 Introduction
5.2 2-Chlorotoluene or O-Chlorotoluene
5.3 3-Chlorotoluene or M-Chlorotoluene
5.4 4-Chlorotoluene or P-Chlorotoluene
5.5 Chlorotoluene Mixture
6 Global Chlorotoluene Market, By End User
6.1 Introduction
6.2 Agriculture (Agrochemicals)
6.3 Chemical Industry
6.4 Paints & Coatings
6.5 Personal Care
6.6 Pharmaceutical Industry
6.7 Polymers
6.8 Textile Industry
7 Global Chlorotoluene Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 US
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 UK
7.3.3 Italy
7.3.4 France
7.3.5 Spain
7.3.6 Rest of Europe
7.4 Asia Pacific
7.4.1 Japan
7.4.2 China
7.4.3 India
7.4.4 Australia
7.4.5 New Zealand
7.4.6 South Korea
7.4.7 Rest of Asia Pacific
7.5 South America
7.5.1 Argentina
7.5.2 Brazil
7.5.3 Chile
7.5.4 Rest of South America
7.6 Middle East & Africa
7.6.1 Saudi Arabia
7.6.2 UAE
7.6.3 Qatar
7.6.4 South Africa
7.6.5 Rest of Middle East & Africa
8 Key Developments
8.1 Agreements, Partnerships, Collaborations and Joint Ventures
8.2 Acquisitions & Mergers
8.3 New Product Launch
8.4 Expansions
8.5 Other Key Strategies
9 Company Profiling
9.1 Changzhou Yuanfeng Chemical Co. Ltd
9.2 Hunan Zhuzhou Chemical Industry Group
9.3 Iharanikkei Chemical Industry Co., Ltd
9.4 Jiangsu Hongxing Chemical
9.5 Lanxess
9.6 Merck KGaA
9.7 Shandong Exceris Chemical Co. Ltd
9.8 Shimmer Chemicals Pvt. Ltd
9.9 Toray Industries Inc
9.10 Valtris Specialty Chemicals
9.11 WeylChem International GmbH
List of Tables
1 Global Chlorotoluene Market Outlook, By Region (2019-2028) ($MN)
2 Global Chlorotoluene Market Outlook, By Type (2019-2028) ($MN)
3 Global Chlorotoluene Market Outlook, By 2-Chlorotoluene or O-Chlorotoluene (2019-2028) ($MN)
4 Global Chlorotoluene Market Outlook, By 3-Chlorotoluene or M-Chlorotoluene (2019-2028) ($MN)
5 Global Chlorotoluene Market Outlook, By 4-Chlorotoluene or P-Chlorotoluene (2019-2028) ($MN)
6 Global Chlorotoluene Market Outlook, By Chlorotoluene Mixture (2019-2028) ($MN)
7 Global Chlorotoluene Market Outlook, By End User (2019-2028) ($MN)
8 Global Chlorotoluene Market Outlook, By Agriculture (Agrochemicals) (2019-2028) ($MN)
9 Global Chlorotoluene Market Outlook, By Chemical Industry (2019-2028) ($MN)
10 Global Chlorotoluene Market Outlook, By Paints & Coatings (2019-2028) ($MN)
11 Global Chlorotoluene Market Outlook, By Personal Care (2019-2028) ($MN)
12 Global Chlorotoluene Market Outlook, By Pharmaceutical Industry (2019-2028) ($MN)
13 Global Chlorotoluene Market Outlook, By Polymers (2019-2028) ($MN)
14 Global Chlorotoluene Market Outlook, By Textile Industry (2019-2028) ($MN)
15 North America Chlorotoluene Market Outlook, By Country (2019-2028) ($MN)
16 North America Chlorotoluene Market Outlook, By Type (2019-2028) ($MN)
17 North America Chlorotoluene Market Outlook, By 2-Chlorotoluene or O-Chlorotoluene (2019-2028) ($MN)
18 North America Chlorotoluene Market Outlook, By 3-Chlorotoluene or M-Chlorotoluene (2019-2028) ($MN)
19 North America Chlorotoluene Market Outlook, By 4-Chlorotoluene or P-Chlorotoluene (2019-2028) ($MN)
20 North America Chlorotoluene Market Outlook, By Chlorotoluene Mixture (2019-2028) ($MN)
21 North America Chlorotoluene Market Outlook, By End User (2019-2028) ($MN)
22 North America Chlorotoluene Market Outlook, By Agriculture (Agrochemicals) (2019-2028) ($MN)
23 North America Chlorotoluene Market Outlook, By Chemical Industry (2019-2028) ($MN)
24 North America Chlorotoluene Market Outlook, By Paints & Coatings (2019-2028) ($MN)
25 North America Chlorotoluene Market Outlook, By Personal Care (2019-2028) ($MN)
26 North America Chlorotoluene Market Outlook, By Pharmaceutical Industry (2019-2028) ($MN)
27 North America Chlorotoluene Market Outlook, By Polymers (2019-2028) ($MN)
28 North America Chlorotoluene Market Outlook, By Textile Industry (2019-2028) ($MN)
29 Europe Chlorotoluene Market Outlook, By Country (2019-2028) ($MN)
30 Europe Chlorotoluene Market Outlook, By Type (2019-2028) ($MN)
31 Europe Chlorotoluene Market Outlook, By 2-Chlorotoluene or O-Chlorotoluene (2019-2028) ($MN)
32 Europe Chlorotoluene Market Outlook, By 3-Chlorotoluene or M-Chlorotoluene (2019-2028) ($MN)
33 Europe Chlorotoluene Market Outlook, By 4-Chlorotoluene or P-Chlorotoluene (2019-2028) ($MN)
34 Europe Chlorotoluene Market Outlook, By Chlorotoluene Mixture (2019-2028) ($MN)
35 Europe Chlorotoluene Market Outlook, By End User (2019-2028) ($MN)
36 Europe Chlorotoluene Market Outlook, By Agriculture (Agrochemicals) (2019-2028) ($MN)
37 Europe Chlorotoluene Market Outlook, By Chemical Industry (2019-2028) ($MN)
38 Europe Chlorotoluene Market Outlook, By Paints & Coatings (2019-2028) ($MN)
39 Europe Chlorotoluene Market Outlook, By Personal Care (2019-2028) ($MN)
40 Europe Chlorotoluene Market Outlook, By Pharmaceutical Industry (2019-2028) ($MN)
41 Europe Chlorotoluene Market Outlook, By Polymers (2019-2028) ($MN)
42 Europe Chlorotoluene Market Outlook, By Textile Industry (2019-2028) ($MN)
43 Asia Pacific Chlorotoluene Market Outlook, By Country (2019-2028) ($MN)
44 Asia Pacific Chlorotoluene Market Outlook, By Type (2019-2028) ($MN)
45 Asia Pacific Chlorotoluene Market Outlook, By 2-Chlorotoluene or O-Chlorotoluene (2019-2028) ($MN)
46 Asia Pacific Chlorotoluene Market Outlook, By 3-Chlorotoluene or M-Chlorotoluene (2019-2028) ($MN)
47 Asia Pacific Chlorotoluene Market Outlook, By 4-Chlorotoluene or P-Chlorotoluene (2019-2028) ($MN)
48 Asia Pacific Chlorotoluene Market Outlook, By Chlorotoluene Mixture (2019-2028) ($MN)
49 Asia Pacific Chlorotoluene Market Outlook, By End User (2019-2028) ($MN)
50 Asia Pacific Chlorotoluene Market Outlook, By Agriculture (Agrochemicals) (2019-2028) ($MN)
51 Asia Pacific Chlorotoluene Market Outlook, By Chemical Industry (2019-2028) ($MN)
52 Asia Pacific Chlorotoluene Market Outlook, By Paints & Coatings (2019-2028) ($MN)
53 Asia Pacific Chlorotoluene Market Outlook, By Personal Care (2019-2028) ($MN)
54 Asia Pacific Chlorotoluene Market Outlook, By Pharmaceutical Industry (2019-2028) ($MN)
55 Asia Pacific Chlorotoluene Market Outlook, By Polymers (2019-2028) ($MN)
56 Asia Pacific Chlorotoluene Market Outlook, By Textile Industry (2019-2028) ($MN)
57 South America Chlorotoluene Market Outlook, By Country (2019-2028) ($MN)
58 South America Chlorotoluene Market Outlook, By Type (2019-2028) ($MN)
59 South America Chlorotoluene Market Outlook, By 2-Chlorotoluene or O-Chlorotoluene (2019-2028) ($MN)
60 South America Chlorotoluene Market Outlook, By 3-Chlorotoluene or M-Chlorotoluene (2019-2028) ($MN)
61 South America Chlorotoluene Market Outlook, By 4-Chlorotoluene or P-Chlorotoluene (2019-2028) ($MN)
62 South America Chlorotoluene Market Outlook, By Chlorotoluene Mixture (2019-2028) ($MN)
63 South America Chlorotoluene Market Outlook, By End User (2019-2028) ($MN)
64 South America Chlorotoluene Market Outlook, By Agriculture (Agrochemicals) (2019-2028) ($MN)
65 South America Chlorotoluene Market Outlook, By Chemical Industry (2019-2028) ($MN)
66 South America Chlorotoluene Market Outlook, By Paints & Coatings (2019-2028) ($MN)
67 South America Chlorotoluene Market Outlook, By Personal Care (2019-2028) ($MN)
68 South America Chlorotoluene Market Outlook, By Pharmaceutical Industry (2019-2028) ($MN)
69 South America Chlorotoluene Market Outlook, By Polymers (2019-2028) ($MN)
70 South America Chlorotoluene Market Outlook, By Textile Industry (2019-2028) ($MN)
71 Middle East & Africa Chlorotoluene Market Outlook, By Country (2019-2028) ($MN)
72 Middle East & Africa Chlorotoluene Market Outlook, By Type (2019-2028) ($MN)
73 Middle East & Africa Chlorotoluene Market Outlook, By 2-Chlorotoluene or O-Chlorotoluene (2019-2028) ($MN)
74 Middle East & Africa Chlorotoluene Market Outlook, By 3-Chlorotoluene or M-Chlorotoluene (2019-2028) ($MN)
75 Middle East & Africa Chlorotoluene Market Outlook, By 4-Chlorotoluene or P-Chlorotoluene (2019-2028) ($MN)
76 Middle East & Africa Chlorotoluene Market Outlook, By Chlorotoluene Mixture (2019-2028) ($MN)
77 Middle East & Africa Chlorotoluene Market Outlook, By End User (2019-2028) ($MN)
78 Middle East & Africa Chlorotoluene Market Outlook, By Agriculture (Agrochemicals) (2019-2028) ($MN)
79 Middle East & Africa Chlorotoluene Market Outlook, By Chemical Industry (2019-2028) ($MN)
80 Middle East & Africa Chlorotoluene Market Outlook, By Paints & Coatings (2019-2028) ($MN)
81 Middle East & Africa Chlorotoluene Market Outlook, By Personal Care (2019-2028) ($MN)
82 Middle East & Africa Chlorotoluene Market Outlook, By Pharmaceutical Industry (2019-2028) ($MN)
83 Middle East & Africa Chlorotoluene Market Outlook, By Polymers (2019-2028) ($MN)
84 Middle East & Africa Chlorotoluene Market Outlook, By Textile Industry (2019-2028) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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