MarketSegmentation
By Product Type:
Pharmaceutical Grade
Industrial Grade
Others
By Application:
Pharmaceuticals
Electroplating
Chemical Synthesis
Market Value
Market Size in 2023: USD 170 million
Projected Market Size by 2032: USD 254.82 million
Compound Annual Growth Rate (CAGR): 4.60% (2023–2032)
Growth Drivers:
Increasing demand in electronics and electrical industries
Expanding applications in pharmaceuticals and chemical sectors
Growing use in the production of flame retardants and stabilizers
Market Opportunities
Emerging Applications:
Use in advanced electronics a
Development of new pharmac
Geographical Expansion:
Untapped markets in Asia-Pa
Technological Advancements:
Innovations in production pro efficiency
Key Players/Stakeholders
Major Companies Leading the Industry: SMC Group Arkema
Sample Report
Acar Kimya
Varsal
Hubei Lianxing Chemical
Qingyuan RGDC Chemicals
Jiangsu Kangxiang Industrial Group
Regional Analysis
Regional Insights
North America:
2023 Market Size: USD 47.86 million
Expected CAGR: 3.94% (2025–2032)
Europe: Driven by demand in pharmaceuticals, resins, and coatings
Asia-Pacific: Significant growth due to applications in agriculture, electronics, and water treatment
About Us
•Established in 2015, 24Chemical Research specializes in providing comprehensive chemical industry research and analysis to support businesses in making well-informed decisions in this ever-evolving sector. Since our inception, we have been dedicated to delivering in-depth market research, identifying key trends, opportunities, and challenges shaping the global chemical industry.
