03 August 2021
Visiongain has published a new report on Ceric Ammonium Nitrate Market Report to 2031: Market Segmentation by Application (Laboratories, Photomasks, Liquid crystal displays, Other Application) Market Segmentation by Type (Neutralization Method, Conversion Method, Other Type) Market Segmentation by Form (Granular Form, Liquid Form, Other Form) PLUS COVID-19 Impact Analysis and Recovery Pattern Analysis (V-shaped, W-shaped, U-shaped, L-shaped) Profiles of Leading Companies, Region and Country.
Visiongain has estimated that the total market for Ceric Ammonium Nitrate would be around $xx million in 2020 and is projected to grow at a CAGR of xx% during the forecast period 2021-2031. The industry is expected to witness significant growth owing to numerous opportunities unexplored mainly in the research field. Research groups and educational institutions have been continuously working to develop application base of ceric ammonium nitrate in organic reactions. According to some research studies, ceric ammonium nitrate has a broad scope in laboratories for organic reactions and its application base is expected to widen over the forecast period.
Which segment is leading in the Ceric Ammonium Nitrate market?
Laboratories were the leading application segment in the global market. The sector is expected to increase slightly over the forecast period. The application area was the leading segment as CAN is used for wide range of reactions which include oxidation, synthesis of heterocycles, generation of carbon (heteroatom bonds), generation of carbon-carbon bonds, cleavage of carbon (heteroatom bonds), cleavage of Si-O bonds, C-halogen bond formation, and CAN-catalyzed multi-components.
Key factors driving ceric ammonium nitrate growth in laboratories segment includes increasing initiatives by research laboratories and educational institutions to expand application base owing to favorable prices coupled with flexible nature
The Industry Is Expected To Witness Significant Growth Owing To Numerous Opportunities
Due to many undiscovered prospects in the realm of research, the sector is likely to grow substantially. In organic reactions, ceric ammonium nitrate application bases have been developed continously by research organizations and educational institutions. Ceric ammonium nitrate is a wide range of organic reaction laboratories and its application base is likely to expand throughout the predicted term, according to research investigations.
The Product Is Expected To Increase Its Penetration In The Medical Industry And Metal Surface Cleaning Process
The product is also available for industrial uses, such as the creation of etchants used primarily for photomasks and liquid crystal displays in electronic products. It is envisaged that the product would improve its penetration in the medical and metal cleaning industries. In the past two years, as a result of declining prices of raw materials, the market has been witnessing a decrease in revenues. The pricing is predicted to stabilize directly in market revenues over the forecast period.
Laboratories Are The Leading Application Segment In The Global Market
During the projection term the sector is expected to grow somewhat. CAN is used as the leading sector of application in a broad range of reactions, including oxidation, heterocycle synthesis, carbon generation (heteroatom bond), carbon-carbon generation, carbon cleavage (heteroatom bonds), Si-O bond cleavage, C-halogen formation and CAN-catalyze multi-component formation. Increased endeavors by research labs and educational institutions to extend the application base thanks to advantageous costs and flexibility are key drivers of ceric ammonium nitrate growth in laboratory segments.
Leading companies and the potential for market growth
Uranus Chemicals Co., Ltd.
American International Chemical
Henan CoreyChem Co., Ltd.
Ganzhou Wanfeng Advanced Materials Tech. Co., Ltd.
Shanghai Renyoung Pharmaceutical Co., Ltd.
Chuan Yan Technology Co., Ltd.
Green Resource Co., Ltd.
Treibacher Industrie AG
Hefei TNJ Chemical Industry Co.,Ltd.
Chem-Impex International, Inc.
Sigma-Aldrich Co. LLC.
Strem Chemicals, Inc
GFS Chemicals Inc
Toronto Research Chemicals Inc
Chem Supply Inc
Key Questions Answered in the Report
• What are the key factors to reshaping the growth of the Ceric Ammonium Nitrate market?
• What trends are likely to lead to expansive Ceric Ammonium Nitrate market growth?
• How are the bad effects of the COVID-19 pandemic to be overcome?
• Which regions will be the Ceric Ammonium Nitrate market's champion of growth?
• What are the aspects that are going to change the Ceric Ammonium Nitrate market?
• What are the most recent Ceric Ammonium Nitrate market innovations?
• What factors will prevent Ceric Ammonium Nitrate market growth?
The comprehensive report offers market estimation and forecast for the period ranging 2021 – 2031 for leading national markets and rest of the world. Moreover, the report contains dedicated leading companies covering 10 leading producers in the field of Ceric Ammonium Nitrate.
The Ceric Ammonium Nitrate Market Report 2021-2031 report will be of value to anyone who wants to better understand the market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the industry.
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