Tag: N-Propyl Bromide Market

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Pharmaceutical

N-Propyl Bromide Solvent Market: East Asia Region is Poised to Expand at a CAGR Value of 2.5% During Forecast Period 2021-2031

The impact of the COVID-19 outbreak has compelled several manufacturers and industries to rethink their operations to gradually recover from the losses incurred for years to come. The organic chemicals industry suffered a huge setback due to halted production and a limited supply of raw materials.

The report offers actionable and valuable market insights of N-Propyl Bromide Solvent. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of N-Propyl Bromide Solvent Market across various industries and regions.

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The global N-Propyl Bromide Solvent market is poised to embark on a positive growth trajectory, registering a CAGR of 2% across the forecast period (2020-2030). Growth is attributed to its increased demand as a replacement for trichloroethylene and perchloroethylene. Stringent regulations levied on trichloroethylene and perchloroethylene have forced consumers to move towards more sustainable alternatives. Exceptional cleaning offered by N-Propyl Bromide Solvent and also due to its less toxic nature, it has emerged as an ideal replacement for conventional solvent chemicals.

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of N-Propyl Bromide Solvent market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of N-Propyl Bromide Solvent

This newly published and insightful report sheds light on Market Insights of N-Propyl Bromide Solvent, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of N-Propyl Bromide Solvent Market.

n propyl bromide market pricing analysis us$ ton

A detailed assessment of market supply chain analysis, business execution, and value chain analysis across regional markets has been provided in the report. A list of prominent companies operating in the N-Propyl Bromide Solvent market enhances the reliability of this comprehensive research study.

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N-Propyl Bromide Solvent Market: Segmentation

Fact.MR has segmented the N-Propyl Bromide Solvent market on the basis of function, application, and region.

Function

  • Solvent
  • Intermediate
  • Others
  • Others

Application

  • Metal Cleaning & Degreasing
  • Electronics
  • Pharmaceuticals
  • Agrochemicals
  • Others

Region

  • North America
  • Europe
  • East Asia
  • South Asia & Oceania
  • Rest of the World

“This Table of Contents prepared is confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than the addressee(s) is unauthorized and prohibited.”

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Key Takeaways from N-Propyl Bromide Solvent Market Study

  • For replacing trichloroethylene and perchloroethylene, N-Propyl Bromide Solvent has become an ideal cleaning solvent in metal cleaning and vapor degreasing applications.
  • On the basis of function, N-Propyl Bromide Solvent is primarily used as a solvent in metal cleaning and vapor degreasing applications, which currently accounts for near half of global consumption.
  • Growing demand for precision cleaning from the semiconductor industry and increasing consumption of N-Propyl Bromide Solvent in the electronics industry are set to result in their market valuation of over US$ 7 Mn by 2030.
  • The pharmaceutical and agrochemical industry has become the largest consumer of N-Propyl Bromide Solvent, accounting for near half of global consumption.
  • East Asia has driven the demand for N-Propyl Bromide Solvent during the historical period, creating a market value worth over US$ 45 Mn in 2019.
  • After identification of the toxic nature of N-Propyl Bromide Solvent by the EPA and European Union, developed regions are poised to reduce its consumption during the forecast period.
  • The United Kingdom has banned the usage of n-propyl, and other European countries such as Germany, France, Spain, and others are on the verge of banning this chemical, which will significantly impact its demand over the coming years.
  • Manufacturing and trade restrictions due to the COVID-19 outbreak will result in sluggish growth of the global N-Propyl Bromide Solvent market.

“Despite being a hazardous air pollutant, N-Propyl Bromide Solvent is still a cost effective cleaning solvent over its alternatives offered by 3M, Chemours, and Honeywell, which will fuel its demand to some extent during the forecast period,” says a Fact.MR analyst.

N-Propyl Bromide Solvent Market: Manufacturers

The global N-Propyl Bromide Solvent market is highly consolidated in nature, where the top three players currently account for near half of global production. Albemarle, Shouguang fukang pharmaceutical co. Ltd., and Solaris Chemtech are key stakeholders in the N-Propyl Bromide Solvent market. Players have remained conservative in the market owing to numerous legalizations implemented by various regulatory bodies, such as EPA and ECHA.

In order to leverage the increasing demand from a plethora of applications, N-Propyl Bromide Solvent manufacturers have been offering a range of products. For instance, Albemarle offers ABZOL EG, ABZOL JEG, ABZOL JG, and ABZOL VG for applications such as metal cleaning, vapor degreasing, electronics, and others. Lanxess offers N-Propyl Bromide Solvent for agrochemical, pharmaceutical, metal cleaning, and vapor degreasing applications. Diversified product offerings across a range of applications are set to create lucrative opportunities for suppliers in the N-Propyl Bromide Solvent market space.

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More Valuable Insights on N-Propyl Bromide Solvent Market

Fact.MR, in its new report, offers an unbiased Market Analysis of N-Propyl Bromide Solvent, Sales and Demand of N-Propyl Bromide Solvent, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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Chemical News

N-Propyl Bromide Market Globally Expected to Drive Growth through 2027

A recently released Fact.MR report on the Survey of N-Propyl Bromide Market is intended to offer reliable data on various key factors shaping the growth curve & outlook of N-Propyl Bromide market. This report works as a rich source of information for key entities such as policy makers, end-use industries, investors, and opinion leaders.

The Market survey of N-Propyl Bromide offers a comprehensive analysis of diverse features, including production capacities analysis of N-Propyl Bromide, demand, product developments, revenue generation, and Size of N-Propyl Bromide Market across the globe.

The Demand analysis of N-Propyl Bromide Market offers a comprehensive analysis of diverse features, demand, product developments, revenue generation, and sales of N-Propyl Bromide Market across the globe.

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N-Propyl Bromide Market: Segmentation

Fact.MR has segmented the n-propyl bromide market on the basis of function, application, and region.

Function

  • Solvent
  • Intermediate
  • Others
  • Others

Application

  • Metal Cleaning & Degreasing
  • Electronics
  • Pharmaceuticals
  • Agrochemicals
  • Others

Region

  • North America
  • Europe
  • East Asia
  • South Asia & Oceania
  • Rest of the World

“This Table of Contents prepared is confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than the addressee(s) is unauthorized and prohibited.”

A comprehensive estimate of the N-Propyl Bromide market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the Sales of N-Propyl Bromide during the forecast period. Price point comparison by region with the global average price is also considered in the study.

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Some Notable Offerings by Fact.MR Report on N-Propyl Bromide market:

  • Fact.MR will provide you an analysis of the extent to which this N-Propyl Bromide market research report acquires commercial characteristics along with examples or instances of information that helps you to understand it better.
  • Fact.MR will also help to identify customary/ standard terms and conditions, as offers, worthiness, warranty, and others.
  • Also, this report will help you to identify any trends to forecast growth rates.
  • The analyzed report will forecast the general tendency for supply and demand.

Some of the N-Propyl Bromide Market insights and estimations that make this study unique in approach and effective in guiding stakeholders in understanding the growth dynamics. The study provides: 

  • Details regarding latest innovations and development in N-Propyl Bromide and how it is gaining customer traction during the forecast period.
  • Analysis about the customer demand of the products and how it is likely to evolve in coming years.
  • Latest regulations enforced by government bodies and local agencies and their impact on Demand of N-Propyl Bromide Market .
  • Insights about adoption of new technologies and its influence on the N-Propyl Bromide market Size.
  • Overview of the impact of COVID-19 on N-Propyl Bromide Market and economic disruptions caused by the pandemic.
  • Evaluates post-pandemic impact on the Sales of N-Propyl Bromide Market during the forecast period.

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After reading the Market insights of N-Propyl Bromide Report, readers can:

  • Understand the drivers, restraints, opportunities and trends affecting the Sales of market.
  • Analyze key regions holding significant share of total N-Propyl Bromide market revenue.
  • Study the growth outlook of N-Propyl Bromide market scenario, including production, consumption, history and forecast.
  • Learn consumption pattern and impact of each end use & supply side analysis of N-Propyl Bromide market.
  • Investigate the recent R&D projects performed by each market player & competitive analysis of N-Propyl Bromide Market Players.

How Fact.MR Assists in Making Strategic Moves For N-Propyl Bromide Market Manufacturer?

  • The data provided in the N-Propyl Bromide market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
  • The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.

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About Fact.MR:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

 Contact:
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates