Size, Demand & Supply, Regional and Competitive Analysis 2025-2032 Publication Date: May 14, 2025
Serves as a key component in producing highperformance engineering plastics and specialty dyes
Market Overview
Asia-Pacific accounts for 60%+ of production share, with China alone representing 40% of global consumption
Unique molecular structure with chlorine substituents provides thermal stability and chemical resistance in end products
Increasing requirements from polymer manufacturing and textile dye industries worldwide
Market Value & Growth Projections
Market Insights:
MARKET VALUATION:
Current Value (2024): USD 46 million
Projected Value (2032): USD 71 million
CAGR: 5.6%
Key Market Drivers:
Engineering plastics market (45% of total demand)
Textile industry expansion in developing nations
Growing demand for high-performance materials
Potential applications in conductive polymers and advanced composites
Market Segmentation
By Type
99% Purity
98% Purity
Other Purity Grades
Dragon Chemical Group
Key Market Players
SARNA CHEMICAL Technichem
Shaanxi Mingqi Chemical Co., Ltd
Khushi Dye Chem (RADIX GROUP)
Regional Market Analysis
North America:
Key Countries- USA, Canada, Mexico
Europe:
Key Countries- Germany, UK, France, Russia, Italy, Rest of Europe
Asia-Pacific:
Key Countries- China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific
South America:
Key Countries- Brazil, Argentina, Columbia, Rest of South America
Middle East and Africa:
Key Countries- Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA
