Wilmington, Delaware, Aug. 28, 2023 (GLOBE NEWSWIRE) -- Global Diketene Derivatives Market is valued at US$ 330.2 billion in 2022 and is expected to grow at a significant CAGR of over 4.8% over the forecast period of 2023-2030, according to the latest market report by RationalStat
Market Definition, Market Scope, and Report Overview
Diketene derivatives are employed in the manufacture of medicinal drugs as intermediates. As the pharmaceutical business expands due to population growth and developments in medical knowledge, so does the demand for diketene derivatives for drug production. Diketene derivatives are used in the chemical industry as versatile building blocks for the synthesis of a wide range of chemicals and compounds, including solvents, dyes, and coatings.
Diketene derivatives are utilized as flavor and fragrance additives in the food and beverage industries. As the worldwide food and beverage business expands, so does the demand for such additives.
- According to a deep-dive market assessment by RationalStat, the global Diketene Derivatives market has been analyzed on the basis of market segments, including on type, application and geography/regions (incl. North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.
- Market intelligence for the global Diketene Derivatives market covers market sizes on the basis of market value (US$/EUR Million) and volume (Tons) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.
- In addition, the long-term sector and products/services 10-year outlook and its implications on the global Diketene Derivatives market. It also includes the industry's current state – Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.
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Global Diketene Derivatives Market: Segmental and Market Share Analysis
- On the basis of type, in 2019, diketene esters have the biggest market share. They are primarily employed in the manufacture of azo pigments, but they are also widely used in the polymer and pharmaceutical industries.
- On the basis of application, the food and beverage industry is predicted to dominate the global market for diketene derivatives. This group is quickly rising as a result of changing lifestyles, shifting dietary habits, and disposable income.
Report Synopsis
| Report Metrics | Details |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Base Year Market Size | US$ 330.2 million |
| Market Size Forecast | US$ 486.3 million |
| Growth Rate | 5.0% |
| Key Market Drivers |
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| Companies Profiled |
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Competition Analysis and Market Structure
Some of the prominent players and suppliers operating and contributing significantly to the global diketene derivatives market growth include Daicel, Eastman Chemical, Jiangsu Tiancheng Biochemical Products, Jubilant Life Sciences, Laxmi Organic Industries, Lonza, Mitsuboshi Chemical, Nantong Acetic Acid Chemical, Ningbo Wanglong Technology, Toronto Research Chemicals among others.
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RationalStat has segmented the global diketene derivatives market based on type, application and region
- Global Diketene Derivatives Market Value (US$ Million), Volume (Tons), and Market Share (2019-2030) Analysis by Type
- Diketene Esters
- Arylamides
- Alkylamides
- Dihydroacetic Acid (DHS) and Salt
- Others
- Global Diketene Derivatives Market Value (US$ Million), Volume (Tons), and Market Share (2019-2030) Analysis by Application
- Agrochemicals
- Pharmaceuticals and Nutraceuticals
- Pigments and Dyes
- Food and Beverage
- Others
- Global Diketene Derivatives Market Value (US$ Million), Volume (Tons), and Market Share (2019-2030) Analysis by Region
- North America Diketene Derivatives Market
- US
- Canada
- Latin America Diketene Derivatives Market
- Brazil
- Mexico
- Rest of Latin America
- Western Europe Diketene Derivatives Market
- Germany
- UK
- France
- Spain
- Italy
- Benelux
- Nordic
- Rest of Western Europe
- Eastern Europe Diketene Derivatives Market
- Russia
- Poland
- Hungary
- Other CIS Countries
- Rest of Eastern Europe
- Asia Pacific Diketene Derivatives Market
- China
- Japan
- India
- South Korea
- Australia
- ASEAN
- Indonesia
- Thailand
- Philippines
- Vietnam
- Malaysia
- Rest of ASEAN
- Rest of Asia Pacific
- Middle East & Africa Diketene Derivatives Market
- GCC
- Saudi Arabia (KSA)
- United Arab Emirates (UAE)
- Rest of the GCC
- South Africa
- Nigeria
- Turkey
- Rest of the Middle East & Africa
- GCC
- North America Diketene Derivatives Market
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Key Questions Answered in the Diketene Derivatives Report:
- What will be the market value of the global diketene derivatives market by 2030?
- What is the market size of the global diketene derivatives market?
- What are the market drivers of the global diketene derivatives market?
- What are the key trends in the global diketene derivatives market?
- Which is the leading region in the global diketene derivatives market?
- What are the major companies operating in the global diketene derivatives market?
- What are the market shares by key segments in the global diketene derivatives market?
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Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
- Defining the problem by understanding the type of market and data required by the client.
- Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
- Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
- Evaluating and analyzing the data by referring to data sources utilized and leveraged.
- Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.
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About RationalStat LLC
RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
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