Global 2-chloropropionic Acid Market Insights, Forecast to 2028

(S)-2-chloropropanoic acid is a monocarboxylic acid that is propanoic acid substituted at position 2 by a chloro group (the S-enantiomer). It has a role as a neurotoxin. It is a monocarboxylic acid and a chlorocarboxylic acid. It derives from a propionic acid. It is a conjugate acid of a (S)-2-chloropropanoate.
Market Analysis and Insights: Global 2-chloropropionic Acid Market
Due to the COVID-19 pandemic, the global 2-chloropropionic Acid market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, 98% Purity accounting for % of the 2-chloropropionic Acid global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Pharmaceutical intermediates segment is altered to an % CAGR throughout this forecast period.
China 2-chloropropionic Acid market size is valued at US$ million in 2021, while the US and Europe 2-chloropropionic Acid are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe 2-chloropropionic Acid landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of 2-chloropropionic Acid include CABB, Changzhou Yuantong Fine Chemical, Jinuo Chemical and Hubei Tiankang Chemical, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the 2-chloropropionic Acid capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of 2-chloropropionic Acid by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global 2-chloropropionic Acid Scope and Segment
2-chloropropionic Acid market is segmented by Type and by Application. Players, stakeholders, and other participants in the global 2-chloropropionic Acid market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
98% Purity
99% Purity
Segment by Application
Pharmaceutical intermediates
Organic Synthesis
Other
By Company
CABB
Changzhou Yuantong Fine Chemical
Jinuo Chemical
Hubei Tiankang Chemical
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE