Oxalyl Chloride Market: Overview
Oxalyl chloride also known as oxalyl dichloride, oxalic acid chloride or ethanedioyl dichloride is a colorless liquid. Oxalyl chloride is a dicacid chloride of oxalic acid. Oxalyl chloride is used as chemical reagent in synthesis of various chemicals. Oxalyl chloride is manufactured by treating phosphorus pentachloride with oxalic acid. Oxalyl chloride is incompatible with alcohols, bases, steels and oxidizing agents among others. Oxalyl chloride is moisture sensitive liquid. Oxalyl chloride reacts with water and releasing toxic gases. Oxalyl chloride is used in Friedel-Crafts acylation.
It is also used in the production of oxalate diesters which are used in manufacturing of glow sticks. Oxalyl chloride is used as raw material in manufacturing of anti-biotics and other pharmaceuticals. Moreover, it is also used as a stabilizer for color photographic material. Oxalyl chloride is also used in formation of monomers of thermally stable polymers. In addition, it can be also used in formation of polyamides. It is also used in the production of resins used for affinity photography. One of the niche applications of oxalyl chloride is in the formation of X-ray contrasting agents.
Oxalyl Chloride Market: Drivers
The market for oxalyl chloride was primarily driven by growing demand from pharmaceutical industry. Oxalyl chloride is used in formulation and manufacturing of various medicines and anti biotics. In crop protection chemicals, it is used in manufacturing of highly potent pesticide and herbicide. In addition, oxalyl chloride is used in manufacturing of chlorine based organic compounds. In polymer industry, it is used as polymer cross linking agent in various processes. Moreover, oxalyl chloride is also used as polymerization agent in wide range of reactions. It is also used in production of chemiluminescent formulations.
Preparation of antioxidants is also one of the major applications of oxalyl chloride. In spite of so many applications the market demand for oxalyl chloride is expected to be weak over the forecast period. Moreover, health and environmental regulations associated with oxalyl chloride is likely to hinder the growth of market in near future. Oxalyl chloride is considered among toxic and highly corrosive chemical material. It is also considered as lachrymatory agent which can cause pain, tears, vomiting and blindness.
Oxalyl Chloride Market: Regional Dynamics
In terms of demand, North America exhibited the largest demand for oxalyl chloride in 2013. The demand in this region is largely dictated by the massive demand from the pharmaceutical and agrochemical industry. There is rise in demand for herbicides in North America region driving the demand for oxalyl chloride. U.S. led the demand for oxalyl chloride in this region from past few years. North America was trailed by the Asia Pacific region.
Asia Pacific is regarded as being among the fastest growing markets for oxalyl chloride. The rapidly mounting demand from chlorinated compounds and agrochemicals is driving the demand for oxalyl chloride in this region. China, India, and Japan had the highest demand for oxalyl chloride in this region. However, countries such as Taiwan and Singapore are likely to offer huge opportunities for oxalyl chloride market in near future. Europe had the third largest demand for oxalyl chloride in 2013. Western Europe showed the greatest demand in the Europe region.
Russia, where economic growth is on track, is expected to expand its share in the oxalyl chloride market in near future. Rest of the World exhibited the lowest demand for oxalyl chloride as of 2013. Going forward, the Middle East and South America are also projected to show optimistic growth for the oxalyl chloride market in the future thanks largely to the increasing demand from agrochemical sector.
Among the topmost manufacturers in the oxalyl chloride market are TCI Chemicals, MainPlus Chemicals Ltd., Sarchem Laboratories, Inc. and Sant Cruz Biotechnology Inc. among others.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
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The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
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