About Chemical Intermediates
Chemical Intermediates are a chemical substance which is produced during the conversion of some reactant to a product. These intermediates help in most of the synthetic processes that either involve the transformation of some readily available or often inexpensive substances to some desired products. The substances that are generated by one step and are used for the succeeding of these steps are considered intermediates. One of the basic reasons for the reliable increase in usage of the chemical intermediate is growth in industries like petrochemicals, organic, inorganic, paints, agrochemicals, and pharmaceuticals among others.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Manufacturers can differentiate their chemical intermediates through product innovation and development. This involves investing in research and development to create unique intermediates with improved properties, enhanced performance, or specific functionalities that meet the needs of customers in different industries. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Chemical Intermediates market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
INVISTA (United States), BASF (Germany), SI Group (Singapore), Arizona Chemical (United States), Chevron Oronite (United States), ExxonMobil Chemical (United States), Biosynth (United States), R K Synthesis (India), AdvanSix Chemical (United States) and Jay Chemicals (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Himalaya Chemicals (India), Dow (United States) and Aceto (United States).
Segmentation Overview
AMA Research has segmented the market of Global Chemical Intermediates market by Type (Reagents, Solvents, Building Blocks, Protective Groups and Others), Application (Pharmaceutical, Petrochemical, Lubricants, Agriculture and Others) and Region.
On the basis of geography, the market of Chemical Intermediates has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Form Type, the sub-segment i.e. Solid will boost the Chemical Intermediates market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancements Such as New Manufacturing Processes, Catalytic Advancements, and Process Optimization
Market Growth Drivers:
Increasing Number of Various Industries are Related to Chemicals and Rising Number of Applications made from these Chemical Reactors
Challenges:
Issues Related Towards Separations of the Intermediators
Restraints:
Issues Related To The Environmental Concerns of this Chemical Reaction and Stringent Government Regulations for Using Chemical Reactors
Opportunities:
Growing Demand from End-User Industries and Rising Industry Shift towards Asia- Pacific Region Which Includes Automotive Sectors among Others
Market Leaders and their expansionary development strategies
In 2020, INVISTA Nylon Chemicals (China) Co., Ltd. started construction of an adiponitrile (ADN) plant at the Shanghai chemical industry park with 400,000 tons/year. This more than 7 billion RMB (more than 1 billion USD) investment will help meet the growing demand for nylon 6,6 chemical intermediates in China and the Asia Pacific region.
In March 2016, BASF completed its two-step capacity expansion for the chemical intermediate 1, 4-butanediol (BDO) by approximately 20 percent at its Verbund site in Geismar, Louisiana during the first quarter of 2016. The double-digit million-dollar investment increased production capacity by implementing measures to boost efficiency and improve infrastructure
Key Target Audience
Potential Investors, Up and Down Stream Vendors, Private Research Organizations, Suppliers and Distributors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.