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Methyl Acetoacetate Market to Perceive Substantial Growth During 2020
by omkartmr · February 20, 2019
Methyl acetoacetate is mainly used as an intermediate in the manufacture of polymers and other materials. It is used as a chemical intermediate across a host of end-use industries such as agro chemicals, pharmaceuticals , and others. In pharmaceuticals, methyl acetoacetate acts as an intermediate in formulations such as dipyradamole, amoxyciline , and antipyrine among others. Methyl acetoacetate is utilized as an intermediate in primiphos, mevinphos, and hymexazole formulations in the agrochemicals sector.
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Methyl acetoacetate is used in the synthesis of cyclic compounds and alpha-substituted aceto-acetic esters. Methyl acetoacetate is used as a copromoter in resins and several other compounds.
The report provides a pin-point analysis of the growth curve of the global market for methyl acetoacetate over the six-year forecast period from 2016 to 2024. It evaluates the changing competitive dynamics and provides valuable insights to market entities to stay ahead in the competition.
The market study is a useful tool to understand current market trends , industry growth drivers, and challenges. It analyzes recent product developments and technological advancements that are expected to have a bearing on this market鈥檚 growth over the forecast period. Included in this report is a review of macro and micro factors that are important for existing market players as well as for new entrants.
Global Methyl Acetoacetate Market: Trends and Opportunities
The methyl acetoacetate market is mainly driven by end-use industries such as agrochemicals, pharmaceuticals , and solvents among others. It is used as an initiating material in the manufacture of cyclic compounds such as pyrazole and coumarine. It is used as a solvent for fragrances in the perfume and cosmetic industry. Moreover, methyl acetoacetate is used in the manufacture of azo dyes, lacquers , masking isocynates in enamels, plastics, and lacquers among others.
However , environmental concerns pertaining to the use of methyl acetoacetate and .aw material issue.
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