ReleaseWire

Hexachloroethane (CAS 67-72-1) Market Size to Hit 14 Million US$ by 2025 Growing at a CAGR of 2.7%

Posted: Wednesday, April 17, 2019 at 2:31 PM CDT

Los Angeles, CA -- (SBWire) -- 04/17/2019 --Hexachloroethane is a chlorinated alkane that exists at room temperature as a colorless crystalline solid with a camphor-like odor. It is practically insoluble in water, soluble in ethanol, benzene, chloroform, and oils, and very soluble in diethyl ether and tetrachloroethylene (Akron 2009, HSDB 2009). Hexachloroethane is stable under normal temperatures and pressures and is considered nonflammable; however, it is incompatible or reactive with alkalis and with metals such as zinc, cadmium, aluminum, hot iron, and mercury (NIOSH 2005).

The global production of hexachloroethane increased from 9029 tons in 2013 to 10424 tons in 2017, at a CAGR of 2.07%. In 2017, the global hexachloroethane market is led by India. China is the second-largest region-wise market. At present, the major manufacturers of hexachloroethane are concentrated in India and China. Scottish Chemical Industries is the world leader, holding 31.5% production market share in 2017. The global hexachloroethane market that was valued at US$ 11.2 million in 2017 and is estimated to be worth US$ 13.9 million by the end of 2024, registering growth at a CAGR of 3.16%.

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HCE is a halogenated hydrocarbon consisting of six chlorines attached to an ethane backbone. HCE was produced in the United States from 1921 to 1967. Now, almost all production plants are located in India and China. HCE is primarily used in the military for smoke pots, smoke grenades, and pyrotechnic devices. In the past, HCE was used as antihelminthic for the treatment of sheep flukes, but is no longer used for this purpose since the FDA withdrew approval for this use in 1971. HCE has also been used as a polymer additive, a moth repellant, a plasticizer for cellulose esters, and an insecticide solvent, and in metallurgy for refining aluminum alloys. About 57 % of the quantity produced is used for the production of smoke screen preparations. The remaining 43 % is sold to customers (downstream users). Metal and Alloy Production applications or Agriculture applications accounted for 23% and 9% of the share of consumption volumes. In developed countries, a number of other past uses of hexachloroethane have been identified, but many of these likely have been discontinued or involve the use of only limited quantities. Therefore, consumption in the United States, Europe and Japan is minimal.

The global Hexachloroethane (CAS 67-72-1) market was 11 million US$ in 2018 and is expected to 14 million US$ by the end of 2025, growing at a CAGR of 2.7% between 2019 and 2025.

This report studies the Hexachloroethane (CAS 67-72-1) market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Hexachloroethane (CAS 67-72-1) in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Scottish Chemical Industries

Teja Matallurgicals and Chemicals

Changshu Zhenfu New Materials

Nantong Donggang Chemical

By the product type, the market is primarily split into

99.0% Purity

99.5% Purity

Others

By the end users/application, this report covers the following segments

Smoke Screen Preparations

Metal and Alloy Production

Agriculture

Others

We can also provide the customized separate regional or country-level reports, for the following regions:

North America

United States

Canada

Mexico

Asia-Pacific

China

India

Japan

South Korea

Australia

Indonesia

Singapore

Malaysia

Philippines

Thailand

Vietnam

Rest of Asia-Pacific

Europe

Germany

France

UK

Italy

Spain

Russia

Rest of Europe

Central & South America

Brazil

Rest of Central & South America

Middle East & Africa

GCC Countries

Turkey

Egypt

South Africa

Rest of Middle East & Africa

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