Persistence Market Research which analyzes the Benzyl Bromide Market and identifies key market drivers and factors impacting growth during the forecast period
New York, NY -- (SBWIRE) -- 12/08/2016 -- Benzyl bromide is a colorless or pale yellow lachrymatory organic compound. It has a sharp teargas odor. It contains of a benzene substituted with bromomethyl group. Alpha bromo toluene (Benzyl Bromide) can be prepared by bromination of toluene at room temperature. It is miscible with ether, ethanol and it soluble in carbon tetrachloride (CCl4). It is used as chemical for foaming and frothing agent. Benzyl Bromide is used in various industries like pharmaceuticals, chemicals, coatings, petrochemicals. Global benzyl bromide market anticipated to exhibit a robust growth over the forecast period.
Global benzyl bromide market can be expected to exhibit unprecedented growth rates due to increasing the demand for pesticides, paints, pharmaceuticals. It is mainly used in the organic synthesis of alcohols and carboxylic acids. Benzyl bromide is hazardous in nature. However, benzyl bromide highly corrosive and contact can severely irritate and burn the skin. This may hamper the global benzyl bromide market.
Global benzyl bromide market is penetrating across the globe due to increased awareness among various industries. It has various applications in pharmaceutical industry. The market is expected to witness a significant CAGR over the forecast period.
Global market is segmented into seven key regions, those are North America (N.A), Latin America (L.A), Eastern Europe (E.EU), Western Europe (W.EU), Asia-Pacific Excluding Japan (APEJ), Japan, and Middle East and Africa (MEA).
North America is anticipated to have a maximum market share in global benzyl bromide market due to presence of chemical industries US and Canada. Asia Pacific follows North America in terms of market share in global benzyl bromide market owing to the upcoming pharmaceutical industries in the region and particularly in countries like China and India. Europe is having a considerable contribution in global benzyl bromide market. Latin America and Middle East and Africa are at a nascent stage in global benzyl bromide market and is expected to have a moderate CAGR in the forecast period.
Benzyl Bromide Market: Key players
Some of the key players are
-Spectrum Chemical Mfg, Corp.
-Shanghai smart chemicals Co., Ltd.
-Shijiazhuang Dong Cheng Chemical Co. Ltd.
-Shandong Liangzou Mineral Industry Group Company
The Research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.
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