Olefin derivatives are chemicals that are produced by further processing basic olefins.The olefins derivatives market does not include poly-olefins.
Olefin derivatives are manufactured by employing various industrial chemical processing methods such as chlorination, oxidation, and ammoxidation of olefins.Olefin derivatives are some key industrial chemicals and also act as raw materials for producing other chemical products.
Olefin derivatives market includes acrylonitrile, ethylene oxide, propylene glycol, butanol, etc.
Asia-Pacific was the largest region in the olefin derivatives market in 2017, accounting for 38.8% share in the market. This was due to growth in olefin derivatives production through a combination of steam cracker plants development and coal-based olefins production in China, India and Southeast Asian nations. Availability of raw materials such as olefins for production has supported the olefin derivatives consumption. North America was the second largest region in the olefin derivatives market in 2017, accounting for 21.3% share in the market. This was because of the rise in production of olefin derivatives in the US to cater to increase in demand from European and South American regions. Availability of raw materials such as olefins for production has supported the olefin derivatives consumption. Middle East was the smallest region in the olefin derivatives market in 2017, accounting for $3.2 billion or 4.0% share in the market.
Growing Use Of Acetonitrile In Pharmaceutical Products The use of acetonitrile in pharmaceutical products is increasing rapidly.This is primarily driven by the introduction of advanced pharmaceutical products and improved standards of living in industrialized countries.
Acetonitrile is used as a basic raw material for synthesizing vitamins A and B1, sulfa pyrimidine, cortisone, carbonate drugs, and some amino acids.Additionally, it is also used as an important solvent in the pharmaceutical industry, with applications as a reagent, reaction solvent and extraction solvent.
For instance, acetonitrile is used as an extraction solvent in the production of insulin and antibiotics (third-generation cephalosporins). Although acetonitrile supply is currently limited due to restricted production during the second half of 2017 in China and the US, it is expected to gain momentum as new production capacities are planned in India and China.
The Olefin Derivatives Global Market Briefing 2018 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the global olefin derivatives market.
Reasons to Purchase • Fully updated for 2018. • Identify growth segments and opportunities. • Facilitate decision making on the basis of historic and forecast data and understand the drivers and restraints on the market. • Develop strategies based on likely future developments. • Gain a global perspective on the development of the market.
Description The Olefin Derivatives Global Market Briefing 2018 from The Business Research Company covers market characteristics, size and growth, segmentation, regional breakdowns, competitive landscape, market shares, trends and strategies for this market.
The market characteristics section of the report defines and explains the market.
The market size section gives the olefin derivatives market revenues, covering both the historic growth of the market and forecasting the future.
Drivers and restraints looks at the external factors supporting and controlling the growth of the market.
Market segmentations break down the key sub sectors which make up the market. The regional breakdowns section gives the size of the market geographically.
Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in the last three years are identified.
The trends and strategies section highlights the likely future developments in the olefin derivatives market and suggests approaches.
Scope Markets Covered: Vinyls; Ethylene Oxide And Ethylene Glycol; Oxo Alcohols; Propylene Oxide; Acrylonitrile Companies Mentioned: Mitsubishi Chemical Corporation; China National Petroleum Corporation; Repsol S.A.; Ineos Holdings Luxembourg S.A.; China Petroleum & Chemical Corporation (Sinopec); Shell Chemicals Ltd.; DowDuPont Inc.; Huntsman Corporation; LyondellBasell Industries Holdings BV; BASF SE Geographic scope: Asia Pacific, North America, Western Europe, Eastern Europe, South America, Middle East and Africa. Time series: Five years historic and forecast. Data: Market value in $ billions Data segmentations: Regional breakdowns, market share of competitors, key sub segments. Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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