PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1402675
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1402675
NAFTA and Europe Grignard reagents market is projected to reach around US$ 5.54 Bn by 2030, in terms of revenue, exhibiting a CAGR of 6.3% during the forecast period (2023-2030).
Report Coverage | Report Details | ||
---|---|---|---|
Base Year: | 2022 | Market Size in 2023: | US$ 3.62 Bn |
Historical Data for: | 2018 to 2021 | Forecast Period: | 2023 - 2030 |
Forecast Period 2023 to 2030 CAGR: | 6.30% | 2030 Value Projection: | US$ 5.54 Bn |
Grignard reagents belong to organometallic compounds with standard formula R-Mg-X, in which, R is an organic group whereas X belongs to the halogen group. These have a strong negative charge at the carbon atom, and thus, are highly attracted to the positively charged atoms. This property of the Grignard makes it highly reactive and suitable for various chemical reactions applications. It has extensive usage in the pharmaceutical industry for the manufacturing of various drugs.
Rising demand for flavor and fragrances from the cosmetic and personal care industry is expected to drive the NAFTA and Europe Grignard reagents market growth. Rising demand for cosmetics products due to growing sense of fashion and is expected to boost demand for Grignard reagent.
Strict rules and regulations on the usage of Grignard reagents as it is highly reactive in nature, and have various environmental impacts are expected to restrict the NAFTA and Europe Grignard reagents market growth.
This report provides in-depth analysis of the NAFTA and Europe Grignard reagents market and provides market size (US$ Billion & Tons) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
This study also provides impact analysis of Coronavirus (Covid-19) pandemic on NAFTA and Europe Grignard reagents market
It profiles key players in the NAFTA and Europe Grignard reagents market based on the following parameters company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Albemarle Corporation, FMC Corporation, SABIC, Weylchem GmbH, GFS Chemicals, Rieke Metals Inc., Thermo Fischer Scientific, Boulder Scientific Company, Pentagon Chemicals Ltd, and Chemoxy International Ltd
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
NAFTA and Europe Grignard reagents market report caters to various stakeholders in this industry including investors, suppliers, NAFTA and Europe Grignard reagents manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the NAFTA and Europe grignard reagents market
NAFTA and Europe Grignard Reagents Market Detailed Segmentation: