Nitroparaffin Market Research Report: Size, Share, Growth, Trends and Forecast 2030 – Aceto Corporation, ANGUS Chemical Company

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Nitroparaffin market was valued at US$ 31.6 Bn by 2019. The market is anticipated to grow at a CAGR of 0.48% from 2019 to 2030.

The growth of the global nitroparaffin market can be attributed to several factors such as increasing use of nitroparaffin as a solvent, fuel & fuel additive and the rising demand for nitroparaffin in agrochemical products. However, according to the International Agency for Research on Cancer (IARC), nitroparaffin is classified as a possible carcinogen for humans, which may hamper the market growth to a certain extent. The favorable regulations in emerging countries pertaining to the use and production of the nitroparaffin are helping local SMEs to use nitroparaffin derivatives in various end-use industries such as pharmaceutical, chemical, paint & coating, agriculture, and others.

Major Key Players of the Nitroparaffin Market are:
Aceto Corporation, ANGUS Chemical Company, Linyi Yuanbo Chemical Co., Ltd., SynQuest Laboratories, Zhanhua Binbo Chemical Co., Ltd.

Read More @ https://www.medgadget.com/2020/12/nitroparaffin-market-research-report-size-share-growth-trends-and-forecast-2030-aceto-corporation-angus-chemical-company.html



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