Boron Trifluoride Acetonitrile Complex Market Estimated to Flourish at By 2025
Global demand for boron trifluoride acetonitrile complex is expected to witness steady growth over the forecast period, with demand expected to go up owing to the increasing demand from various key end use industries including, polymer and plastic industries and chemical industries. Increasing adoption of boron trifluoride acetonitrile complex as a raw material for boron and sodium borohydrate and as a reagent for organic synthesis is expected to generate large revenues for manufacturers over the forecast period. Rising demand for pharmaceutical products and macro-economic growth of the petrochemical industry will also result in increasing demand for boron trifluoride acetonitrile complex across regions.
Global demand for boron trifluoride acetonitrile complex is expected to witness steady growth over the forecast period, with demand expected to go up owing to the increasing demand from various key end use industries including, polymer and plastic industries and chemical industries. Increasing adoption of boron trifluoride acetonitrile complex as a raw material for boron and sodium borohydrate and as a reagent for organic synthesis is expected to generate large revenues for manufacturers over the forecast period. Rising demand for pharmaceutical products and macro-economic growth of the petrochemical industry will also result in increasing demand for boron trifluoride acetonitrile complex across regions.
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<strong>Boron</strong> trifluoride ace<strong>to</strong>nitrile is an inorganic compound with molecular formula C2H3BF3N and is<br />
extremely reactive with w<strong>at</strong>er. <strong>Boron</strong> trifluoride ace<strong>to</strong>nitrile complex is an odorless, flammable,<br />
corrosive, moisture sensitive, corrosive, and light yellow transparent liquid compound, which is also<br />
<strong>to</strong>xic in n<strong>at</strong>ure. Excessive contact with boron trifluoride ace<strong>to</strong>nitrile complex may result in eye<br />
damage, skin burns, and respira<strong>to</strong>ry irrit<strong>at</strong>ion. Key raw m<strong>at</strong>erials for boron trifluoride ace<strong>to</strong>nitrile<br />
complex include ace<strong>to</strong>nitrile, hydrofluoric acid, sulphuric acid, orthoboric acid, among others.<br />
<strong>Boron</strong> trifluoride ace<strong>to</strong>nitrile complex is easier <strong>to</strong> manage as compared <strong>to</strong> high-pressure gas – boron<br />
trifluoride. Some of the key applic<strong>at</strong>ions of boron trifluoride ace<strong>to</strong>nitrile complex include, additive<br />
and intermedi<strong>at</strong>e in labora<strong>to</strong>ry, c<strong>at</strong>alyst, and raw m<strong>at</strong>erial for other chemicals, in polymer industries,<br />
and in synthesizing boron based compounds and others.<br />
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<strong>Market</strong> Dynamics: <strong>Boron</strong> trifluoride <strong>Ace<strong>to</strong>nitrile</strong> complex<br />
Global demand for boron trifluoride ace<strong>to</strong>nitrile complex is expected <strong>to</strong> witness steady growth over<br />
the forecast period, with demand expected <strong>to</strong> go up owing <strong>to</strong> the increasing demand from various<br />
key end use industries including, polymer and plastic industries and chemical industries. Increasing<br />
adoption of boron trifluoride ace<strong>to</strong>nitrile complex as a raw m<strong>at</strong>erial for boron and sodium<br />
borohydr<strong>at</strong>e and as a reagent for organic synthesis is expected <strong>to</strong> gener<strong>at</strong>e large revenues for<br />
manufacturers over the forecast period. Rising demand for pharmaceutical products and macroeconomic<br />
growth of the petrochemical industry will also result in increasing demand for boron<br />
trifluoride ace<strong>to</strong>nitrile complex across regions. With large consumer base and industrial growth, the<br />
Asia Pacific region is anticip<strong>at</strong>ed <strong>to</strong> remain a key market, gener<strong>at</strong>ing significant growth<br />
opportunities of suppliers. Further, the increasing adoption of sustainable technology in boron<br />
trifluoride production is also expected <strong>to</strong> support the market from the supply side during the<br />
forecast period 2017 – 2027.<br />
<strong>Market</strong> Segment<strong>at</strong>ion: <strong>Boron</strong> <strong>Trifluoride</strong> <strong>Ace<strong>to</strong>nitrile</strong> <strong>Complex</strong><br />
The global boron trifluoride ace<strong>to</strong>nitrile complex market is segmented on the basis of applic<strong>at</strong>ion,<br />
end use industry, and grade.<br />
Regional Outlook: <strong>Boron</strong> <strong>Trifluoride</strong> <strong>Ace<strong>to</strong>nitrile</strong> complex<br />
For commercial perspective and in order <strong>to</strong> identify opportunities based on grade, applic<strong>at</strong>ion, and<br />
end-use industries in respective regions, the global boron trifluoride ace<strong>to</strong>nitrile complex market is<br />
studied among seven key regions. Supported by unprecedented industrial growth, coupled with<br />
urbaniz<strong>at</strong>ion and popul<strong>at</strong>ion growth, the Asia pacific is expected <strong>to</strong> hold significant share in the<br />
global boron trifluoride ace<strong>to</strong>nitrile complex market over the forecast period. <strong>Market</strong> in Western<br />
Europe such as France, Germany, U.K., are estim<strong>at</strong>ed <strong>to</strong> experience rel<strong>at</strong>ively stable market<br />
conditions, while th<strong>at</strong> of in the Eastern Europe will experience compar<strong>at</strong>ively faster growth<br />
conditions. North American market is also expected <strong>to</strong> cre<strong>at</strong>e sustainable market opportunities in<br />
terms of consumption for boron trifluoride ace<strong>to</strong>nitrile complex through 2027.<br />
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Some of key participants in the global boron trifluoride ace<strong>to</strong>nitrile market value chain are<br />
mentioned below:<br />
Tanfac Industries Ltd.<br />
BASF SE
AK Scientific Inc.<br />
Hunan Heaven M<strong>at</strong>erials Development Co.<br />
Praxair Technology, Inc.<br />
Hangzhou Yuhao Chemical Technology Co., Ltd<br />
The Linde Group<br />
Qingzhou Chenkai Chemical Co., Ltd.<br />
ZIbo Shuanglian Petroleum & Chemical Co., Ltd.<br />
Chemos GmbH & Co. KG<br />
Hangzhou Dayangchem Co. Ltd.<br />
Laborchemie Apolda GmbH<br />
Hangzhou Meite Chemical Co., Ltd. (Meite Industry Co., Ltd.)<br />
Santa Cruz Biotechnology, Inc.<br />
Kinbester Co., Ltd.<br />
Honeywell intern<strong>at</strong>ional Inc.<br />
Shanghai Mintchem Development Co., Ltd.<br />
Kunshan Yalong Trading Co,.Ltd<br />
BIDDLE SAWYER FORTUNE CHEM<br />
Starchem Enterprises Limited<br />
Hefei TNJ Chemical Co., Ltd.<br />
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