Los Angeles, CA -- (SBWIRE) -- 04/20/2019 -- This report studies the Methyl Orthoformate market, "Methyl Orthoformate" is same as "Trimethoxymethane" and CAS Number is 149-73-5, Trimethyl orthoformate is the simplest orthoester. It is a reagent used in organic synthesis for the introduction of a protecting group for aldehydes. The product of reaction of an aldehyde with trimethyl orthoformate is an acetal. In general cases, these acetals can be deprotected back to the aldehyde by using hydrochloric acid. The industrial synthesis of this chemical is from hydrogen cyanide and methanol.
The Methyl Orthoformate industry concentration is very high; there are several manufacturers in the world, and located in France and China. This report not included the product that the produced for own use.
Shandong Sinobioway is the No.1 players, it takes about 1/3 of the global market production, but its key raw material, hydrocyanic acid, is coming from the Qilu Petrochemical Company, thus it is condition by the raw material very strongly.
In the applications like pharmaceutical industry, the applications made by the hydrocyanic acid method all can be replaced by the product of metal sodium method. This make the metal sodium method product more used in pharmaceutical industry, and the hydrocyanic acid method product are used in pesticides more.
The global Methyl Orthoformate market was 160 million US$ in 2018 and is expected to 220 million US$ by the end of 2025, growing at a CAGR of 4.0% between 2019 and 2025.
This report studies the Methyl Orthoformate 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.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Methyl Orthoformate 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
Zichuan Xinhua Chemical
By the product type, the market is primarily split into
Hydrocyanic Acid Method
Sodium Metal Method
By the end users/application, this report covers the following segments
Key Regions split in this report:
Central & South America
Middle East & Africa
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