Market Overview:
The global O-chlorobenzoic acid market is expected to grow at a CAGR of 3.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for O-chlorobenzoic acid from various applications such as pesticides, pharmaceutical industry, dye, and other applications. North America is expected to dominate the global O-chlorobenzoic acid market during the forecast period owing to the presence of key players in this region and growing demand for O-chlorobenzoic acid from various end users.
Product Definition:
O-chlorobenzoic acid is an organic compound with the formula ClCH2COOH. It is a white solid that is soluble in water and polar organic solvents. O-chlorobenzoic acid is used as a herbicide and has been found to be mutagenic.
98% Purity:
98% Purity is a colorless and highly pungent liquid. It has a strong aromatic odor. 98% Purity is used as an intermediate in the production of chemicals, pharmaceuticals, agrochemicals and pesticides.
99% Purity:
99% purity is a very high quality and standard grade of O-chlorobenzyl alcohol. It has been characterized by GC/MS and HPLC methods with the help of different solvents. The 99% Purity level product is used as an intermediate in manufacturing pharmaceuticals, chemicals, dyes & pigments, adhesives & coatings among others.
Application Insights:
Pesticide was the dominant application segment and accounted for over 60% of total market volume in 2017. O-chlorobenzoic acid is used as a pesticide additive to control various pests including whitefly, red fire ant, aphids, mites and caterpillars. It acts as an insecticide by paralyzing the nervous system of insects preventing them from moving or acting normally. The compound also has strong disinfectant properties which help in killing germs that cause infections on crops thus making them resistant against diseases and fungi. These factors are likely to drive demand over the forecast period especially for whitefly control owing to its high susceptibility towards pesticides coupled with high crop productivity resulting in higher demand for o-chlorobenzoic acid based pesticides across diverse industries such as fruit & vegetable processing, floriculture & horticulture etc.
The product finds applications in textile industry mainly during dyeing process where it is used along with other compounds like peroxides bleachants etc.
Regional Analysis:
Asia Pacific dominated the global market in terms of both demand and production. The region is expected to maintain its dominance over the forecast period owing to rapid industrialization, increasing population, and rising living standards. China is estimated to be one of the major producers as well as consumers in this region on account of growing chemical manufacturing industry coupled with pesticide application for crop protection purposes.
The presence of a large number of small-scale manufacturers has resulted in low prices for o-chlorobenzoic acid across Asia Pacific countries such as India, China, Taiwan & Korea (ICTK), Japan, and Indonesia; thus making it an attractive regional market for foreign players looking forward to investing in emerging economies with abundant raw material supply at lower costs compared to developed regions.
Growth Factors:
- Increasing demand for o-chlorobenzoic acid in various end-use industries such as pharmaceuticals, agrochemicals, and dyestuffs.
- Growing research and development activities for the production of new derivatives of o-chlorobenzoic acid that offer better performance characteristics as compared to the existing ones.
- Rising investments by key players in expanding their manufacturing capacities to cater to the increasing demand from regional markets across the globe.
- Proliferation of counterfeit products in the market, which is resulting in an increase in product recalls and safety concerns among consumers globally .
Scope Of The Report
Report Attributes
Report Details
Report Title
O-chlorobenzoic Acid Market Research Report
By Type
98% Purity, 99% Purity
By Application
Pesticide, Pharmaceutical Industry, Dye, Other
By Companies
Guannan East Chemical, Zhangjiagang Yongfang Chemical, Donghai Taiyi Fine Chemical, Lianyungang Jiewei Chemical Industry, Wuhan Youji Industries, Shandong Jichuang Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
197
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global O-chlorobenzoic Acid Market Report Segments:
The global O-chlorobenzoic Acid market is segmented on the basis of:
Types
98% Purity, 99% Purity
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pesticide, Pharmaceutical Industry, Dye, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Guannan East Chemical
- Zhangjiagang Yongfang Chemical
- Donghai Taiyi Fine Chemical
- Lianyungang Jiewei Chemical Industry
- Wuhan Youji Industries
- Shandong Jichuang Chemical
Highlights of The O-chlorobenzoic Acid Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 98% Purity
- 99% Purity
- By Application:
- Pesticide
- Pharmaceutical Industry
- Dye
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the O-chlorobenzoic Acid Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
O-chlorobenzoic acid is a chemical compound with the molecular formula C6H5ClO2. It is an organic compound and an intermediate in the production of chlorobenzene, which is used as a solvent and industrial chemical.
Some of the major companies in the o-chlorobenzoic acid market are Guannan East Chemical, Zhangjiagang Yongfang Chemical, Donghai Taiyi Fine Chemical, Lianyungang Jiewei Chemical Industry, Wuhan Youji Industries, Shandong Jichuang Chemical.
The o-chlorobenzoic acid market is expected to grow at a compound annual growth rate of 3.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 O-chlorobenzoic Acid Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 O-chlorobenzoic Acid Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 O-chlorobenzoic Acid Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the O-chlorobenzoic Acid Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global O-chlorobenzoic Acid Market Size & Forecast, 2020-2028 4.5.1 O-chlorobenzoic Acid Market Size and Y-o-Y Growth 4.5.2 O-chlorobenzoic Acid Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 98% Purity
5.2.2 99% Purity
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Pesticide
6.2.2 Pharmaceutical Industry
6.2.3 Dye
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global O-chlorobenzoic Acid Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 O-chlorobenzoic Acid Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 98% Purity
9.6.2 99% Purity
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Pesticide
9.10.2 Pharmaceutical Industry
9.10.3 Dye
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 98% Purity
10.6.2 99% Purity
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Pesticide
10.10.2 Pharmaceutical Industry
10.10.3 Dye
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 98% Purity
11.6.2 99% Purity
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Pesticide
11.10.2 Pharmaceutical Industry
11.10.3 Dye
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 98% Purity
12.6.2 99% Purity
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Pesticide
12.10.2 Pharmaceutical Industry
12.10.3 Dye
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 98% Purity
13.6.2 99% Purity
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Pesticide
13.10.2 Pharmaceutical Industry
13.10.3 Dye
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 O-chlorobenzoic Acid Market: Competitive Dashboard
14.2 Global O-chlorobenzoic Acid Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Guannan East Chemical
14.3.2 Zhangjiagang Yongfang Chemical
14.3.3 Donghai Taiyi Fine Chemical
14.3.4 Lianyungang Jiewei Chemical Industry
14.3.5 Wuhan Youji Industries
14.3.6 Shandong Jichuang Chemical