Thionyl Chloride Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Thionyl chloride, commonly known as sulfur oxychloride, is a light yellow or colorless liquid that has a pungent odor. It is a vital inorganic chemical product. Thionyl chloride is used as a chlorinating reagent and is highly corrosive or toxic. It is also a sulfinyl halide having both halide atoms as chlorine. The primary use of thionyl chloride is in the making of acyl chloride from carboxylic acids.

MARKET DYNAMICS

The accelerating consumption of pesticides drives the growth of the thionyl chloride market. Besides this, the use of thionyl chloride in the manufacture of pharmaceuticals like sumicidin and vitamin A also drives the market growth. However, long term inhalation of thionyl chloride can cause health-related problems. This hampers the growth of the thionyl chloride market. An upsurge in demand for a technical grade of thionyl chloride is expected to boost the growth of thionyl chloride market in the years to come.

MARKET SCOPE

The "Global Thionyl Chloride Market Analysis to 2031" is a specialized and in-depth study of the Chemicals and Materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the thionyl chloride market with detailed market segmentation by type, application and geography. The global thionyl chloride market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading thionyl chloride market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global thionyl chloride market is segmented on the basis of type and application. On the basis of type, the thionyl chloride market is segmented into refined products, first-rate products and second rate products. As per application the market is bifurcated into pharmaceutical industry, pesticide industry, dye industry, organic synthesis industry and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global thionyl chloride market based on various segments. It also provides market size and forecast estimates from the year 2021to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The thionyl chloride market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the thionyl chloride market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the thionyl chloride market in these regions.

MARKET PLAYERS

The reports cover key developments in the thionyl chloride market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from thionyl chloride market are anticipated to lucrative growth opportunities in the future with the rising demand for thionyl chloride market in the global market. Below mentioned is the list of few companies engaged in the thionyl chloride market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the food binders. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•  CABB GmbH
  
•  Changzhou Xudong Chemical Co. Ltd.
  
•  Jiang Xi Selon Industry Co. Ltd.
  
•  Ketan Chemical Corporation
  
•  Lanxess AG
  
•  Shandong Kaisheng New Materials Co. Ltd.
  
•  Shangyu Wolong Chemical Industry Limited Company
  
•  Shreenathji Chemicals
  
•  Sichuan Boxing
  
•  Transpek Industry Ltd.
  
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Thionyl Chloride Report Scope