Global 2-(Bromomethyl)naphthalene Market Research Report 2022

2-(Bromomethyl)naphthalene, white or yellow crystalline powder, 2 - (bromomethyl) naphthalene is mainly used to synthesize 2-bromo-3-methyl-1,4-dimethoxynaphthalene, an important intermediate of vitamin K2, also can be employed as a starting material in the synthesis of 2-(fluoromethyl)naphthalene, 2-naphthylmethyl azide, 2-naphthalenecarboxaldehyde, diselenide, bis (2-naphthalenylmethyl) ], etc.
Market Analysis and Insights: Global 2-(Bromomethyl)naphthalene Market
Due to the COVID-19 pandemic, the global 2-(Bromomethyl)naphthalene market size is estimated to be worth US$ 2 million in 2022 and is forecast to a readjusted size of US$ 3 million by 2028 with a CAGR of 4.2% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, above 98% Purity accounting for % of the 2-(Bromomethyl)naphthalene global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Pharmaceutical Intermediates segment is altered to an % CAGR throughout this forecast period.
At present, the production countries of naphthalene series products are mainly concentrated in China, and there are few large-scale production enterprises in the world. China's finished product exports account for about 30% of total sales. China is the only region in the world that can supply 2-(Bromomethyl) naphthalene in large quantities.
The main manufacturers include Xingsheng Technology, Wujin Minghuang Chemical, Kunshan Nanfu Chemical and Norna Chemical, etc.
Segment by Type, the 2-(Bromomethyl) naphthalene can be split into ≥ 95% Purity and ≥ 98% Purity. In 2020, ≥ 98% Purity accounted for a major share of 70.90% the global market.
Segment by Application, the 2-(Bromomethyl) naphthalene market can be sub-segmented into several major Application, like Pharmaceutical Intermediates, Chemical Industry, etc. The Pharmaceutical Intermediates holds an important share with nearly 70% of the market.
Global 2-(Bromomethyl)naphthalene Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global 2-(Bromomethyl)naphthalene Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
above 98% Purity
above 95% Purity
Segment by Application
Pharmaceutical Intermediates
Chemical Industry
Other
By Company
Xingsheng Technology
Wujin Minghuang Chemical
Norna Chemical
Kunshan Nanfu Chemical
Production by Region
China
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina