Los Angeles, CA -- (SBWIRE) -- 03/26/2019 -- This study focuses on the production side and consumption side of Triflic Acid, presents the global Triflic Acid market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Triflic Acid capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Triflic Acid by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
Triflic acid belongs to the class of superacids, it is the strongest Bronstedt acid available at industrial scale. It is used as anacidic catalyst in many reactions in organic synthesis (alkylation, esterification, etherification, acylation, isomerization, ethoxylation, cyclization, cationic rearrangement, etc.) and in cationic polymerization.
The global market volume triflic acid increased from 589 MT in 2012 to by 1085 MT in 2016. The decrease is caused by the fall of global price.
Europe, China, and Japan are the leading production regions of triflic acid. China is the largest production region in 2016 with 482 MT in volume. It is about 44.42% of the world total production share. Japan and Europe are the following regions with 21.4%, and 34.2 % of total production share in 2016.
China is the largest consumption region of triflic acids in 2016. There is 442 MT of triflic acid was consumed in China in 2016. Europe took about 33.55% of the global total consumption share. USA and Japan are the following regions with 4.4 % and 17.2% of total consumption share in 2016.
The Triflic Acid market was valued at 76 Million US$ in 2017 and is projected to reach 100 Million US$ by 2025, at a CAGR of 3.7% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Triflic Acid.
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This report includes the following manufacturers; we can also add the other companies as you want.
Central Glass
Solvay
718th Research Institute of CSIC
Time Chemical
Russia Aecc
...
Market Segment by Product Type
99.5% Type
99.9% Type
Other
Market Segment by Application
Chemical Industry
Pharmaceutical Industry
Electronics Industry
Key Regions split in this report:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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