Valeryl Chloride Market Demand Surge, Fueled by Pharmaceutical and Agrochemical Industries’ Expanding Applications

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The global valeryl chloride market size is expected to reach US$ 898 Million by 2032.

The global valeryl chloride market size stood at US$ 551.25 Million in the year 2022 and is expected to reach US$ 898 Million by the year 2032 at a CAGR of 5% between 2022 and 2032.

Coming to the electronics vertical, valeryl chloride is used in semiconductors and LCDs (liquid crystal displays).

Coming back to the pharmaceuticals vertical, the growing geriatric population is the major contributor to revenue. Plus, increasing awareness regarding importance of valeryl chloride is expected to keep the cash registers ringing for the valeryl chloride market in the years to come.

At the same time, the blunt fact that governments across the globe are imposing stern regulations regarding the protection of laborers serving these industries can’t be ignored. Besides, concerns regarding the safety of chemicals in end-products could prove to be detrimental if not handled with care. These factors could restrain the valeryl chloride market in the forecast period.

Future Market Insights has entailed these facets with future perspectives in its latest market study entitled ‘Valeryl Chloride Market’. Its team of analysts and consultants is into primary, secondary, and tertiary modes of research through its 360-degree approach. Macros as well as micros are being effectively worked upon over here.

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“With valeryl chloride increasingly being used by pharmaceuticals vertical in the form of medical feedstock, an emulsifier, and a surfactant, the global valeryl chloride market is likely to substantiate going forward”, – Future Market Insights.

Key Takeaways from Valeryl Chloride Market

  • North America and Europe collectively holds more than 40% of the market share due to the US being one of the key players in pharmaceuticals sector. The government is coming up with initiatives to facilitate better medical care. As such, the status quo is expected to remain the same even going forward.
  • The Asia-Pacific is expected to grow at a rapid pace in the valeryl chloride market due to increase in production of crop protecting agents and pesticides.
  • LATAM is expected to grow in valeryl chloride market on the back of Colombia and Brazil.
  • MEA is expected to grow with expanding pharmaceutical vertical herein.
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