NAFTA and Europe Grignard Reagents Market Estimated to Expand at a Double-Digit

Posted by sonali on November 16th, 2017

As per a newly tabled report published by Future Market Insights titled “Grignard Reagents Market: NAFTA and Europe Industry Analysis and Opportunity Assessment-2016-2026”, the total worth of the Grignard Reagents market is anticipated to touch a whopping value of US$ 2.8 Bn by the end of the year 2016. The market will surge at a standard CAGR of 4.2% during the forecast period (2016-2026). Though the catalyst and the stabilisers application segments dominated the Grignard Reagents market in 2015, this report suggests a steep rise in the others segment in the coming years. This fragment of the market is expected to climb the ladder at a CAGR of 3.5% within the prediction period.

The fabric of the Grignard Reagents market is changing fast.  The new innovative, eco-friendly nature is enhancing its market acceptance and creating a new room for growth. The global boom in the pharmaceutical industry and a swell in the population of breast cancer patients is also favouring the market expansion of Grignard based chemicals. The adaptive and versatile nature of Grignard Reagents are also giving a proper face-lift to this niche market. The shipment of the chemicals is done with utmost care as they are highly reactive.

Segmentation analysis; The Future Market Insights market review on the Grignard Reagents market unleashes several new unknown aspects of the steadily dilating market. It’s a smart and crisp comprehensive study of the Grignard Reagents market across the regions of NAFTA and Europe. The report gauges the market potential and also unveils the scope of growth for the Grignard Reagents market in the coming decade, Nature friendly feature of Grignard Reagents will help expedite market expansion within the forecast period, The market is dissected into three application categories – Stabilisers, Catalyst and Others. Amongst the three the Others segment will showcase a promising CAGR growth of 3.5% within the forecast period of 2016-2026, Agrochemicals and Flavour and Fragrances segments are expected to hold 27.8% of the total market share by the end of 2016, The Research end user segment will swell at a value CAGR of 3.8% by the end of 2026

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