Global Benzoyl Chloride (BC, CAS 98-88-4) Market 2023

Description
Benzoyl chloride, also known as benzenecarbonyl chloride, is an organic compound composed of carbon, hydrogen, chlorine, and oxygen, with the chemical formula C7H5ClO. It is classified as an organochlorine compound due to the presence of chlorine atom in its structure.

Benzoyl chloride is a versatile chemical that finds wide applications in various industries. One of its primary uses is in the synthesis of peroxides. It serves as a key intermediate in the production of benzoyl peroxide, a compound widely used as a polymerization initiator and bleaching agent. Benzoyl peroxide is extensively employed in the manufacturing of plastics, rubbers, and other polymers. In addition to its role in peroxide synthesis, benzoyl chloride is also utilized in the production of pharmaceuticals, dyes and perfumes.

The global benzoyl chloride market is anticipated to increase by USD 103.7 million till 2029 at an average annual growth of 5.2 percent as per the latest market estimates.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global benzoyl chloride market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors' approaches.

Market Segmentation
Application: dyes, peroxides, pharmaceuticals and agrochemicals, others
Region: Asia-Pacific, Europe, North America, Middle East and Africa (MEA), South America

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the application, and region. The global market for benzoyl chloride can be segmented by application: dyes, peroxides, pharmaceuticals and agrochemicals, others. Among these, the peroxides segment was accounted for the highest revenue generator in 2022. Benzoyl chloride market is further segmented by region: Asia-Pacific, Europe, North America, Middle East and Africa (MEA), South America. Asia-Pacific is estimated to account for the largest share of the global benzoyl chloride market.

Major Companies and Competitive Landscape
The market research report covers the analysis of key stake holders of the global benzoyl chloride market. Some of the leading players profiled in the report include Cambay Organics Pvt. Ltd., Danyang Wanlong Chemical Co., Ltd., Gujarat Alkalies and Chemicals Limited (GACL), Gujarat Halogen Petrochem Corporation, Hebei Wanda Chemical Co., Ltd., Huaian Hongyang Chemical Co., Ltd., Hubei Phoenix Chemical Company Limited, Iharanikkei Chemical Industry Co., Ltd., INEOS Group Limited, Jiangsu Jiamai Chemical Co., Ltd., Jiangsu Kuaida Agrochemical Co., Ltd., Jiangsu Yabang Dyestuff Co., Ltd., Jiangsu Yuanyang Pharmaceutical Co., Ltd., Jiangyin Jianheng Chemical Co., Ltd., Jingmen Hefeng Technology Co., Ltd., Lanxess AG, Lianyungang Hualun Chemical Co., Ltd., Luxi Group Co., Ltd. (Sinochem Corporation), Nippon Light Metal Co., Ltd., Sanghvi Organics Pvt. Ltd., Valtris Specialty Chemicals Limited, Xintai Lanhe Chemical Co., Ltd., Yantai Yuxiang Fine Chemical Co., Ltd., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.

Scope of the Report
To analyze and forecast the market size of the global benzoyl chloride market.
To classify and forecast the global benzoyl chloride market based on application, region.
To identify drivers and challenges for the global benzoyl chloride market.
To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global benzoyl chloride market.
To identify and analyze the profile of leading players operating in the global benzoyl chloride market.

Why Choose This Report
Gain a reliable outlook of the global benzoyl chloride market forecasts from 2023 to 2029 across scenarios.
Identify growth segments for investment.
Stay ahead of competitors through company profiles and market data.
The market estimate for ease of analysis across scenarios in Excel format.
Strategy consulting and research support for three months.
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