Anthracene Market Insights:
The Anthracene Market size was valued at USD 319.22 Million in 2022, expecting a CAGR of 4% during the forecast period (2023-2030), and the market is projected to be worth USD 436.87 Million by 2030.
The increased adoption of Anthracene in the Paints, Coatings & Printing Inks industry is due to high workability, Stability of structure, good quality, and Demand for making things better. The demand for Anthracene also has other significant aspects, such as analysis, purchasing volume, costs, pricing analysis, and regulatory framework. Additionally, the increased demand of Anthracene in many sectors also boosts the market growth during the forecast period.
Anthracene is a polycyclic aromatic hydrocarbon (PAH) consisting of three fused benzene rings. It has a molecular formula of C14H10 and a molecular weight of 178.23 g/mol. Anthracene is a solid, crystalline substance that is insoluble in water but soluble in organic solvents such as benzene, toluene, and ethanol. Anthracene is primarily used in the production of dyes and pigments, especially for the manufacture of anthraquinone, a precursor to many dyes and pigments. It is also used in the manufacture of fluorescent dyes, synthetic resins, and other organic compounds.
Anthracene Market Research Report” was just released by Market Research Community. It is divided into several categories, including By Purity (98%, 99%), By Application (Wood Preservatives, Pesticides, Plasticizers, Drugs, Dyes & Coatings, Electronics, Scintillators, Others), and companies (Fisher Scientific, Tokyo Chemical Industry Co.Ltd., Anward, CHEMOS GmbH & Co. KG, Vitas-M Laboratory Ltd., Santa Cruz Biotechnology, Inc., Haihang Industry Co., Ltd., Amadis Chemical, RÜTGERS Group., Aparna Carbons Private Limited, Raipur Tar Products, Deepak Petrochem LTD, Coal Chem, Choudhary Tar and Chemicals, M/S Amichem Research Lab LLP), According to the analysis of Market Research Community, The market is projected to grow at a significant pace reaching a CAGR of approximately 4%, over the forecast period of 2023–2030.
|Report Attributes||Report Details|
|Market Size in 2030 (USD Million)||436.87 Million|
|By Purity||98%, 99%|
|By Application||Wood Preservatives, Pesticides, Plasticizers, Drugs, Dyes & Coatings, Electronics, Scintillators, Others|
|By Geography||North America, Europe, Asia Pacific, Latin America, Middle East and Africa|
|Key Players||Fisher Scientific, Tokyo Chemical Industry Co.Ltd., Anward, CHEMOS GmbH & Co. KG, Vitas-M Laboratory Ltd., Santa Cruz Biotechnology, Inc., Haihang Industry Co., Ltd., Amadis Chemical, RÜTGERS Group., Aparna Carbons Private Limited, Raipur Tar Products, Deepak Petrochem LTD, Coal Chem, Choudhary Tar and Chemicals, M/S Amichem Research Lab LLP|
The COVID-19 pandemic has had a substantial negative influence on the Anthracene market in many different regions of the world. The factors such as limited availability of raw materials, transportation restrictions, the shutdown of manufacturing facilities, and economic slowdown are the major impacts of COVID-19 which hampered the market growth. Shipments were impacted during the initial lockdown due to halted automotive productions and stringent government rules. The overall impact of COVID-19 on the industry is estimated to be minimal because the situation has stabilised. Post covid-19, there was a positive impact on the market growth due to the increased industrial manufacturing processes and rising demand for environment-friendly alternatives.
Industry Competitive Landscape:
The research includes comprehensive profiles of the key players in the market and an analysis of the competitive landscape. The market for sample preparation has grown more quickly as a result of the spike in research and development (R&D), product innovation, different business strategies, and application releases. Key players in the market include-
Fisher Scientific, Tokyo Chemical Industry Co.Ltd., Anward, CHEMOS GmbH & Co. KG, Vitas-M Laboratory Ltd., Santa Cruz Biotechnology, Inc., Haihang Industry Co., Ltd., Amadis Chemical, RÜTGERS Group., Aparna Carbons Private Limited, Raipur Tar Products, Deepak Petrochem LTD, Coal Chem, Choudhary Tar and Chemicals, M/S Amichem Research Lab LLP
Market Segment Analysis:
- Wood Preservatives
- Dyes & Coatings
The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. In 2022, some of these regions expected to contribute the largest share during the forecast period.
The factors such as the large and easy availability of basic things, rising purchasing power among the population, and favorable government policies and industrial facilities are estimated to accelerate the industry growth in the region. The growing rate of industrialization is anticipated to boost the presence of Anthracene industries in the region.
Key Anthracene Market Trends
– Based on type, sub-type, technology utilised, applications, end-users, and geographies, the research identifies, defines, and predicts the Global Anthracene Market segments.
– Largest Market Share Held by Industry to Industry for Anthracene
– Based on their expected growth, development patterns and prospects for the future, and contributions to the overall market, it analyses the micro markets.
– Demand from the geographical area is estimated to boost growth.
– Growing Market Segment Adoption in the Anthracene Industry
– Over the forecast period, higher growth rates are anticipated in in some regions
Why Purchase the Industry Report by MRC
There is a huge amount of information in the report, including market trends and business opportunities for the forecast period.
Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) statistics.
Data at the regional, sub-regional, and national levels also includes information on the market’s supply and demand dynamics.
The competitive landscape includes the proportions of important players, recent innovations, and strategy.
Comprehensive product offerings, important financial data, latest advancements, SWOT analysis, and key player tactics.
Table of Content
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