Global Diketene Derivatives Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Diketene is an organic compound with the molecular formula C4H4O2. Diketene derivatives are industrial intermediates which are used for the production of acetoacetate esters and amides. Diketene derivatives are used for many applications such as pharmaceuticals and nutraceuticals, agrochemicals, and pigments and dyes. Growing agrichemical industry and rising demand from Pigments and Dyes Industry are key drivers for the growth of Diketene Derivatives market. For instance, according to global database management company Statista- In 2019, the market volume of global agrochemicals industry was estimated at 289 million metric tons and as per projection by 2030 the agrochemical industry volume would amount to 402 million metric tons. Also, with the increasing food consumption level and rising pharmaceuticals industry in emerging markets, the adoption & demand for Diketene Derivatives is likely to increase the market growth during the forecast period. However, volatile cost of raw materials and ill impact of pandemic on end use verticals impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the Global Diketene Derivatives Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share owing to growing chemical industry and presence of leading market players in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as growing demand for agriculture chemical industry in the region would create lucrative growth prospects for the Diketene Derivatives market across Asia-Pacific region.
Major market player included in this report are:
Lonza Group AG,
Synthetic Chemical Industry,
The United Chemical Company
FMC Corporation,
Eastman Chemical Company ltd,
Celanese Corporation Ltd.
Hoechst AG Ltd.,
Teijin Shoji Co. Ltd,
Daicel Chemical Industry
Huntsman Corporation Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Derivative:
Diketene Esters
Arylamides
Alkylamides
Dihydroacetic Acid (DHS) and Salt
Others
By Application:
Agrochemicals
Pharmaceuticals and Nutraceuticals
Pigments and Dyes
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Diketene Derivatives Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors