Diethyl Oxalate Market Forecasts to 2028 – Global Analysis By Product (Powder Form, Liquid Form), Application (Drug, Paint, Plasticizers, Solvents), End User (Agricultural, Chemical, Cosmetics, Pharmaceuticals) and By Geography
According to Stratistics MRC, the Global Diethyl Oxalate Market is accounted for $557.72 million in 2020 and is expected to reach $1,111.28 million by 2028 growing at a CAGR of 9.0% during the forecast period. The growing industrial activities and the on-going trend among chemical, pharmaceutical, dye, cosmetics industries are the factors driving the market growth. However, the complexity in manufacturing instability is hampering the growth of the market.
Diethyl oxalate is a white solid compound synthesized from ethanol and carbon monoxide compounds, having molecular formulae C6H10O4. It is used to prepare active pharmaceutical ingredients (API), plastics, and dyestuff intermediates. It is also used as a solvent for cellulose esters, ethers, resins, perfumes, and lacquers for electronics.
Based on the end user, the agricultural segment is going to have lucrative growth during the forecast period due to the increasing technological advancements in the agricultural industry, and increasing demand for food. By geography, Asia Pacific is going to have high growth during the forecast period due to the high economic growth rate, and rapid industrialization.
Some of the key players profiled in the Diethyl Oxalate Market include BorsodChem MCHZ, s.r.o, Chemamde, Merck KGaA, Indian Oxalate Ltd , Liangzou Mining Industry Group, Merck KGaA, Mudanjiang Hongli Chemicals, Nanjing Chengyi Chemical Co., Ltd, Qiyuan Chemical, Tilaknagar Industries, Tokyo Chemical Industry, Ube Industries, Vertullus Holdings, Youlian Chemical, Zibo Xusheng Chemical Co., Ltd, and Zouping QiYuan Chemical Co.
• Powder Form
• Liquid Form
• Manufacturing of Dyestuff’s
• Organical Synthesis
• Perfume & Fragrances
• Pharmaceutical Intermediate
End Users Covered:
• Dye Industry
• Plastics and Polymer
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
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- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
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- Supply chain trends mapping the latest technological advancements
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