Tremendous Growth of Pharmaceutical Industry Likely to Escalate Diethyl Oxalate Market Growth at 7.0% CAGR during 2019-2027.
According to this latest market study on “Global Diethyl Oxalate Market Forecast to 2027 - Covid-19 Impact and Global Analysis - by Application (Perfume and Fragrances, Manufacturing of Dyestuff's, Pharmaceutical Intermediate, Plasticizers, and Others), End Use Industry (Pharmaceuticals, Agricultural, Chemical Plastics and Polymer, Cosmetics, and Others), and Form (Liquid and Powder),” the market was valued at US$ 521.23 million in 2019 and is projected to reach US$ 891.93 million by 2027; it is expected to grow at a CAGR of 7.0% from 2019 to 2027.The report highlights key factors driving the market growth and prominent players along with their developments in the market.
Diethyl oxalate (C6H10O4) is also referred as oxalic acid diethyl ester, ethanedioic acid, diethyl ethanedioate, and others. It is a white solid compound synthesized from carbon monoxide and ethanol. It is slightly denser than water and is insoluble in water. Diethyl oxalate is available in the powder and liquid forms. It is a colorless, toxic compound with a characteristic odor. It has significant applications in various end-user industries such as pharmaceuticals, agriculture, and cosmetics. The compound is majorly utilized as a raw material or intermediate in the manufacturing of phenobarbital and numerous dyes; it is also used as a solvent for natural and synthetic resins as well as in nitrocellulose lacquers and various chemical synthesis processes. Further, it is used as a chemical intermediate in the synthesis of active pharmaceutical ingredients. Diethyl oxalate is also used as a cost-effective additive based in the dye-sensitized solar cells.
Diethyl oxalate is used in the production of agrochemicals such as pesticides, fungicides, and herbicides. The developments in agricultural practices have led to a rise in agrochemicals production, and this has fueled the expansion of diethyl oxalate market. The explosive growth of population growth that leads to greater demands for food, increasing technological advancement in the agricultural industry, limited availability of arable land, and advances in plant breeding and management expertise are the factors leading to the elevated use of agrochemicals.
Borsodchem MCHZ, S.R.O., Nanjing Chengyi Chemical Co., Ltd., Indian Oxalate Limited, Shandong Liangzou Mining Industry Group, Merck KgaA, Mudanjiang Hongli Chemicals, Tokyo Chemical Industry Co., Ltd., UBE INDUSTRIES, LTD., Vertellus Holdings LLC, and Zibo Xusheng Chemical Co., Ltd are among the well-established players in the global diethyl oxalate market.
Impact of COVID-19 Pandemic on Diethyl Oxalate Market
The COVID-19 pandemic, which was first reported in Wuhan (China) in December 2019, has affected economies and industries due to imposed lockdowns and travel bans, and business shutdowns. Chemical and materials is one of the world’s major industries suffering serious disruptions such as supply chain breaks, technology events cancellations, and office shutdowns as a result of this outbreak. This is further projected to impact the demand for diethyl oxalate products globally.
The report includes the segmentation of the global diethyl oxalate market as follows:
By Application
By End Use Industry
By Form
By Geography
North America
Europe
Asia Pacific (APAC)
Middle East and Africa (MEA)
South America
Reasons to Buy
According to this latest market study on “Global Diethyl Oxalate Market Forecast to 2027 - Covid-19 Impact and Global Analysis - by Application (Perfume and Fragrances, Manufacturing of Dyestuff's, Pharmaceutical Intermediate, Plasticizers, and Others), End Use Industry (Pharmaceuticals, Agricultural, Chemical Plastics and Polymer, Cosmetics, and Others), and Form (Liquid and Powder),” the market was valued at US$ 521.23 million in 2019 and is projected to reach US$ 891.93 million by 2027; it is expected to grow at a CAGR of 7.0% from 2019 to 2027.The report highlights key factors driving the market growth and prominent players along with their developments in the market.
Diethyl oxalate (C6H10O4) is also referred as oxalic acid diethyl ester, ethanedioic acid, diethyl ethanedioate, and others. It is a white solid compound synthesized from carbon monoxide and ethanol. It is slightly denser than water and is insoluble in water. Diethyl oxalate is available in the powder and liquid forms. It is a colorless, toxic compound with a characteristic odor. It has significant applications in various end-user industries such as pharmaceuticals, agriculture, and cosmetics. The compound is majorly utilized as a raw material or intermediate in the manufacturing of phenobarbital and numerous dyes; it is also used as a solvent for natural and synthetic resins as well as in nitrocellulose lacquers and various chemical synthesis processes. Further, it is used as a chemical intermediate in the synthesis of active pharmaceutical ingredients. Diethyl oxalate is also used as a cost-effective additive based in the dye-sensitized solar cells.
Diethyl oxalate is used in the production of agrochemicals such as pesticides, fungicides, and herbicides. The developments in agricultural practices have led to a rise in agrochemicals production, and this has fueled the expansion of diethyl oxalate market. The explosive growth of population growth that leads to greater demands for food, increasing technological advancement in the agricultural industry, limited availability of arable land, and advances in plant breeding and management expertise are the factors leading to the elevated use of agrochemicals.
Borsodchem MCHZ, S.R.O., Nanjing Chengyi Chemical Co., Ltd., Indian Oxalate Limited, Shandong Liangzou Mining Industry Group, Merck KgaA, Mudanjiang Hongli Chemicals, Tokyo Chemical Industry Co., Ltd., UBE INDUSTRIES, LTD., Vertellus Holdings LLC, and Zibo Xusheng Chemical Co., Ltd are among the well-established players in the global diethyl oxalate market.
Impact of COVID-19 Pandemic on Diethyl Oxalate Market
The COVID-19 pandemic, which was first reported in Wuhan (China) in December 2019, has affected economies and industries due to imposed lockdowns and travel bans, and business shutdowns. Chemical and materials is one of the world’s major industries suffering serious disruptions such as supply chain breaks, technology events cancellations, and office shutdowns as a result of this outbreak. This is further projected to impact the demand for diethyl oxalate products globally.
The report includes the segmentation of the global diethyl oxalate market as follows:
By Application
- Perfume and Fragrances
- Manufacturing of Dyestuff’s
- Pharmaceutical Intermediate
- Plasticizers
- Others
By End Use Industry
- Pharmaceuticals
- Agricultural
- Chemical Plastics and Polymer
- Cosmetics
- Others
By Form
- Liquid
- Powder
By Geography
North America
- US
- Canada
- Mexico
Europe
- Germany
- France
- UK
- Italy
- Russia
- Rest of Europe
Asia Pacific (APAC)
- Australia
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
- Rest of Middle East and Africa
South America
- Brazil
- Argentina
- Rest of South America
Reasons to Buy
- Highlights key business priorities to assist companies realign their business strategies.
- Features key findings and crucial progressive industry trends in the global diethyl oxalate market, thereby allowing players to develop effective long-term strategies.
- Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.
- Scrutinizes in-depth market trends as well as key market drivers and restraints.
- Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
Table of Contents
1. Introduction
3. Research Methodology
4. Diethyl Oxalate Market Landscape
5. Diethyl Oxalate Market - Key Market Dynamics
6. Diethyl Oxalate - Global Market Analysis
7. Diethyl Oxalate Market Analysis - By Application
8. Diethyl Oxalate Market Analysis - By End-Use Industry
9. Diethyl Oxalate Market Analysis - By Form
10. Diethyl Oxalate Market - Geographic Analysis
11. Impact of COVID-19 Pandemic on Global Diethyl Oxalate Market
12. Company Profiles
13. Appendix
Companies Mentioned
A selection of companies mentioned in this report includes:
- BorsodChem MCHZ, s.r.o.
- Nanjing Chengyi Chemical Co., Ltd
- Indian Oxalate Ltd.
- Chemamde
- Merck KGaA
- Mudanjiang Hongli Chemicals
- Tokyo Chemical Industry
- Ube Industries
- Vertullus Holdings
- Zibo Xusheng Chemical Co., Ltd