Lauoryl Chloride Market: Introduction-
Lauoryl Chloride also known as dodecanoyl chloride or a lauric acid chloride is a colourless or light yellowish in colour liquid which is soluble in ethanol and methanol. lauoryl chloride is produced by mixing of fatty or lauric acid with an excess of thionyl chloride followed by separating crude fatty acid by hydrolyzing the unreacted phosphorous chloride. Lauoryl chloride used in the preparation of ketonic compounds, ester and high molecular weight alkyl radical etc.. Lauoryl chloride has a wide variety of application in cosmetics, pharmaceuticals and it is also used as an intermediate in chemicals as well.
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Lauoryl Chloride Market: Dynamics
Changing lifestyle and eating prefrences increases various health issues which leads to rise in the consumption of medicinal products which will act as a driving factor for lauroyl chloride market in pharmaceutical industries application on the other side growing chemical industrial application is also anticipated to boost the market of lauryl chloride in chemical industries as well as it is use to make a catalyst for faster reaction on large scale and other chemical compounds . Changing lifestyles and increasing interest in personal care products results in rising the consumption of cosmetic and other personal care products which leads to surge up the market of lauoryl chloride. In developing countries lauoryl chloride also used in fibre industries which have greatly influenced the market of lauoryl chloride. lauouryl chloride is also use in organometallic compound formation which is used as a catalyst in waterproofing chemical and it also plays a key role in biological researches by modification of nanocellulose of varying length. Increasing government regulation pertaining to pollution may restrain the use of lauoryl chloride in products as it has phosphorous containing waste, which is produced as a byproduct in the synthesis of lauoryl chloride, which does not get decomposed .
Lauoryl Chloride Market: Regional Outlook-
Increasing urbanization leads to increase the consumption of personal care products in the developing countries of Southeast Asia which has surged up the industry of personal care and pharmaceutical industries. In countries like china where chemical production is being carried out on a large scale so in order to increase the production which results in increasing the market of catalyst like lauory chloride. As a catalyst lauoryl chloride witenessing demand in the countries like India and China where there is a high presence of chemical industries. Growing consumption of personal care products has escalated the the market of lauoryl chloride in region of latin America as well . Also the growing pharmaceutical & cosmetic industry makes the Asia Pacific a prominent market for Lauoryl chloride which use as emulsifying agent in it . The predominance of intermediate chemicals industries in Europe region and growing cosmetic industry and rising chemical development makes Europe a promising market region for lauoryl chloride. In the regions of North America there is significant presence of pharmaceutical & cosmetic industry, growing consumption of personal care products has also escalated the the market of lauoryl chloride in region of latin America as well. Also there is a predominance of elastomer monomeric ester industry in the regions of North America, owing to which North America makes a significant market for lauoryl chloride. The growth of cosmetic and surfactant industry in South East Asia will make a strong market.
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Lauoryl Chloride Market: Key Participants-
Examples of some of the key market participants operating in the global Lauoryl Chloride market are
- Triveni Chemicals
- Lianfeg Chemical
- Vgs Synthesis
- Alfa Aesar
- Reaxis Speciality
- Wilmar Oleochemical
- Meck Pharma
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