 Market Size 2021 - Growth Rate, Share, Revenue, Future Strategies, Development Status, Competitive Landscape and Forecast to 2027){kind=link}
Acetoacetanilide is a white solid organic compound derived from aromatic amines. It is basically acetoacetamide imitative of the aniline. It is usually made by acetoacetylation of aniline with dikethene. It is soluble in numerous solvents including chloroform, sodium hydroxide, ethanol, benzene, ligroin, ether, and caustic soda. It has water solubility and it also widely used for manufacturing of paints and coatings, agrochemicals, dyes and pigments, etc. The Acetoacetanilide is widely used in different industries associated to plastics, agriculture, pharmaceuticals, paints and varnishes. Moreover, it is also widely used for thiophene and the reaction of acetoacetanilide 1 with elemental sulfur and malononitrile 2 gives the derivative of thiophene, widely being used in the industry growing paint & coating industry due to the development of domestic and commercial market primarily in Asia Pacific & Europe has further driven by global acetoacetanilide demand over the forecast period.
Referring to the study, “Global Acetoacetanilide (AAA, CAS 102-01-2) Market, 2021-2027” the key companies operating in the global Acetoacetanilide market include Nantong Acetic Acid Chemical Co., Ltd., Jiangsu Yangtze River Tianyue New Materials Co., Ltd., Lonza Group AG, Qingdao Double Peach Specialty Chemicals (Group) Co., Ltd., Mitsuboshi Chemical Co., Ltd., Laxmi Organic Industries Limited, Jiangsu Tiancheng Biochemical Products Co., Ltd., Shandong Xinhua Pharmaceutical Co. Ltd. and among others. Established players usually use merger & acquisitions, collaborations, partnerships, growth and product launches to gain a viable advantage in the market and to emphasize their market position. These major players compete on price and service. Products & services of the highest quality based on innovative technologies and best practices. The players are making a noteworthy investment in R&D and ensuring a certain resource for customers.
Based on application, market can be bifurcated into pharmaceuticals, agrochemicals and pigments & dyestuffs. Agrochemicals segment is likely to exhibit considerable growth rate caused by rise in demand for agricultural products and growth in population during the forecast period.
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Growth in agriculture industry in developed & developing economies, followed by rise in demand for food products and growth in population are some major factors, which are responsible for growth of the Acetoacetanilide market. Apart from this, growth in implementation of stringent environmental regulations on the usage of toxic-ingredients in the production of paints & coatings and surge in demand for bio-based chemicals because of growth in environmental concerns may impact the market. Moreover, growth of construction industry is a leading opportunity for global market.
Based on regional analysis, the Asia-Pacific region dominates the ‘Global Acetoacetanilide Market’ owing to strong presence of manufacturers of acetoacetanilide and growth of the paints & coatings industry across the region. The North-America and Europe regions are anticipated to exhibit higher growth rate due to expansion of residential and commercial construction sectors coupled with high utilization in copromoter, pigments, pesticides and others applications over the forecast period. It is expected that future of the global Acetoacetanilide market will be bright as a result of growth of pharmaceutical and agriculture industries during the forecast period.
For More Information, refer to below link:-
Global Acetoacetanilide (AAA, CAS 102-01-2) Market Share and Size
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