Market Overview:
The global trifluoromethyl sulfinyl chloride market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for pesticides and other applications. Trifluoromethyl sulfinyl chloride is used as an intermediate in the production of pesticides, which is expected to drive the growth of the market during the forecast period. Additionally, trifluoromethyl sulfinyl chloride finds application in other industries such as pharmaceuticals and agrochemicals, which are also expected to contribute significantly to the growth of this market during the forecast period.
Product Definition:
Trifluoromethyl sulfinyl chloride is a compound with the chemical formula CF3SO2Cl. It is a colorless liquid that is soluble in organic solvents. It has a strong, unpleasant odor. Trifluoromethyl sulfinyl chloride is used as an intermediate in the synthesis of pharmaceuticals and other chemicals.
≥ 98%:
The global demand for trifluoromethyl sulfinyl chloride (TFMSS) is expected to grow at a significant rate on account of its usage as an intermediate in the production of pharmaceuticals and specialty chemicals. The chemical has gained acceptance across various industries owing to its unique properties such as high reactivity towards non-metallic substances, low toxicity, and high thermal stability.
＜ 98%:
It is a colorless liquid with a strong odor. It is used as an intermediate in the production of other chemicals and for the synthesis of pharmaceuticals, agrochemicals, pesticides, and herbicides. 98% is produced by treating trifluoromethyl sulfide (TFMS) with hydrochloric acid which results in the formation of trichloroethylene and fuming sulfuric acid.
Application Insights:
Pesticide application dominated the global market with a share of over 40.0% in terms of volume in 2017. The product is widely used as an active ingredient for the manufacture of crop protection chemicals such as herbicides, insecticides and fungicides which are further utilized in various farming activities across the globe. Increasing demand for these chemicals from major agriculture-dependent economies including China, India and Brazil is expected to drive growth during the forecast period.
Other applications include pharmaceuticals and chemical synthesis industry wherein it is widely utilized to provide sulfur (S) functionality on carbon (C) centers present in many compounds such as amino acids, hormones, biopharmaceuticals drugs and even some natural products like flavonoids (V). However, high costs associated with trifluoromethyl sulfinyl chloride may act as a restraint to its utilization within these industries leading to substitution by other cheaper alternatives thereby impacting overall market growth negatively during this period.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global production owing to high product demand from various end-use industries, such as agrochemicals, pharmaceuticals, food & beverage and others. China is one of the largest producers of trifluoromethyl sulfinyl chloride globally with a production capacity exceeding 1 million tons per year.
The growth in agriculture sector coupled with increasing demand for pesticides has led to an increase in FMCG products across Asia Pacific region which will further boost industry expansion over the coming years. North America accounted for more than 20% share of global revenue in 2017 on account of growing environmental concerns among consumers leading to an increase adoption rate green chemicals across U.S.
Growth Factors:
- Increasing demand for Trifluoromethyl Sulfinyl Chloride in agrochemical and pharmaceutical industries as a precursor to various drugs and pesticides.
- Growing awareness about the benefits of Trifluoromethyl Sulfinyl Chloride in various end-use applications is expected to boost the market growth.
- Rising investments by key players in research and development activities to develop new products is projected to fuel the market growth over the forecast period.
- Technological advancements coupled with increasing use of Trifluoromethyl Sulfinyl Chloride in green chemistry are expected to propel the market growth over the forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Trifluoromethyl Sulfinyl Chloride Market Research Report
By Type
≥ 98%, ＜ 98%
By Application
Pesticide, Other
By Companies
Time Chemical, Jiangsu Tuoqiu Agriculture Chemical, Liaoning Futuo New Energy Materials, Fuzhou Xingchen Pharmaceutical, Time 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
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global Trifluoromethyl Sulfinyl Chloride Market Report Segments:
The global Trifluoromethyl Sulfinyl Chloride market is segmented on the basis of:
Types
≥ 98%, ＜ 98%
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, 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:
- Time Chemical
- Jiangsu Tuoqiu Agriculture Chemical
- Liaoning Futuo New Energy Materials
- Fuzhou Xingchen Pharmaceutical
- Time Chemical
Highlights of The Trifluoromethyl Sulfinyl Chloride 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%
- ＜ 98%
- By Application:
- Pesticide
- 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 Trifluoromethyl Sulfinyl Chloride 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Trifluoromethyl sulfinyl chloride is a chemical compound with the formula CF3SO2Cl. It is a colorless liquid that smells like garlic. Trifluoromethyl sulfinyl chloride is used in industrial processes and as a precursor to other chemicals.
Some of the major players in the trifluoromethyl sulfinyl chloride market are Time Chemical, Jiangsu Tuoqiu Agriculture Chemical, Liaoning Futuo New Energy Materials, Fuzhou Xingchen Pharmaceutical, Time Chemical.
The trifluoromethyl sulfinyl chloride market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Trifluoromethyl Sulfinyl Chloride 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 Trifluoromethyl Sulfinyl Chloride Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Trifluoromethyl Sulfinyl Chloride 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 Trifluoromethyl Sulfinyl Chloride 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 Trifluoromethyl Sulfinyl Chloride Market Size & Forecast, 2020-2028
4.5.1 Trifluoromethyl Sulfinyl Chloride Market Size and Y-o-Y Growth
4.5.2 Trifluoromethyl Sulfinyl Chloride 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%
5.2.2 ＜ 98%
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 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Trifluoromethyl Sulfinyl Chloride 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 Trifluoromethyl Sulfinyl Chloride 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%
9.6.2 ＜ 98%
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 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%
10.6.2 ＜ 98%
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 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%
11.6.2 ＜ 98%
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 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%
12.6.2 ＜ 98%
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 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%
13.6.2 ＜ 98%
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 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 Trifluoromethyl Sulfinyl Chloride Market: Competitive Dashboard
14.2 Global Trifluoromethyl Sulfinyl Chloride Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Time Chemical
14.3.2 Jiangsu Tuoqiu Agriculture Chemical
14.3.3 Liaoning Futuo New Energy Materials
14.3.4 Fuzhou Xingchen Pharmaceutical
14.3.5 Time Chemical
