In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Ethyl Orthoformate market for 2018-2023.
“Ethyl Orthoformate” is same as “Triethyl orthoformate” and CAS Number is 122-51-0, triethyl orthoformate is an organic compound with the formula HC(OC2H5)3. It is a colorless volatile liquid. It is orthoester of formic acid. Commercially available, the industrial synthesis is from hydrogen cyanide and ethanol.
Ethyl Orthoformate can be used in Drug，Pesticide，Coating and Spice. The drug is the main use of the Ethyl Orthoformate with the share of about 80.13% in the world in 2016.
The global average price of Ethyl Orthoformate is in the falling volatility trend, from 2265 $/MT in 2012 to 1939 $/MT in 2015. But rise rapidly in 2017
The Ethyl Orthoformate total production will reach about 21260 MT in 2017 from 21760 MT in 2012 all around the world, with the CAGR of -0.46%. The market growth is leading by China these years.
China is now the key produce area of Ethyl Orthoformate in the world. China is the largest consumption area of Ethyl Orthoformate in the world in the past few years, and China will keep the leading position in the next few years.
Shandong Sinobioway is the leading suppliers of Ethyl Orthoformate in the world. The top five took up about 95.67% of the global production market in 2016.
Over the next five years, LPI(LP Information) projects that Ethyl Orthoformate will register a 6.6% CAGR in terms of revenue, reach US$ 74 million by 2023, from US$ 51 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Ethyl Orthoformate market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Hydrocyanic Acid Method
Sodium Metal Method
Segmentation by application:
Drug
Pesticide
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East and Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Shandong Sinobioway
Hebei Chengxin
Fushun Shunte
Linshu Huasheng Chemical
Zichuan Xinhua Chemical
…
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Ethyl Orthoformate consumption (value and volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Ethyl Orthoformate market by identifying its various subsegments.
Focuses on the key global Ethyl Orthoformate manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Ethyl Orthoformate with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Ethyl Orthoformate submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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