Title: Global 2-Cyclopropylethanol Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2022-2027
1Global 2-Cyclopropylethanol Market Forecast
(2022 - 2027)Market size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2022-2027
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- The global 2-Cyclopropylethanol market size is
expected to grow at a CAGR of 5.5 during
2022-2027. 2-Cyclopropylethanol is also known as
2-Hydroxyethyl, widely used in the preparation of
2-Bromo-ethyl, cyclopropanecarbaldehyde by
reacting with phosphorus tribromide. - 2-Cyclopropylethanol is also used as a chemical
reagent to synthesize 22-hydroxycholesterol
derivatives, compounds that act as serum
cholesterol-lowering agents and to synthesize
potent 15-Hydroxyprostaglandin dehydrogenase
inhibitors in chemical, metal and other sectors. - According to the American Chemistry Council, the
U.S chemical sector has seen a robust growth of
1.4 in 2021 and is expected to grow by 4.3 in
2022 and 2.1 in 2023.
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- Key Takeaways
- The Asia Pacific is expected to register a CAGR
of 6.2 during the forecast period (2022-2027).
The increasing demand from pharmaceutical
sectors, among Asian countries such as China,
India, Japan and South Korea is driving the
global 2-Cyclopropylethanol market size. - Growing demand for 2-Cyclopropylethanol as the
chemical reagent to synthesize 22-Hydroxycholester
ol derivatives, compounds are expected to boost
the demand for 2-cyclopropylethanol during the
forecast period.
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By Distribution Channel- Segment Analysis The
technical grade segments accounted for a major
portion of the Global 2-Cyclopropylethanol market
share in 2021 and are estimated to grow at a
significant CAGR during the forecast period.
Technical grade chemicals are best used in
industrial and commercial operations like alloy,
carbon, crystals, etchants and metal gauzes
preparation. They are also used for inexact
laboratory functions, such as dissolving, rinsing
and chemical synthesis.
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- Global 2-Cyclopropylethanol Market Industry
Outlook - Alfa Chemistry
- VWR International
- 3B Scientific Corporation
- ShangHai Wisacheam Pharmaceutical
- Meryer Chemical Technology
- Shijiazhuang Sdyano Fine Chemical
- Nanjing Chemlin Chemical
- Sinopharm Chemical Reagent
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Global 2-Cyclopropylethanol Market Forecast
(2022 - 2027) Learn More About the Report _at_
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