Albany, New York, February 8, 2017: Market Research Hub (MRH) has recently updated its massive database of the research report by adding the latest market study, titled as “Market Research and Investment Opportunities of Methyl Acetoacetate in China 2016-2021 Proposal”. In this study, an in-depth and comprehensive understanding of the Chinese Methyl acetoacetate industry along with its key pointers such as development status, industrial chains, market drivers, barriers as well as investment opportunities for the companies in the coming few years are highlighted. The review year considered in the report is 2011 to 2015.
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In the initial section, the report talks about the current development status of the market by analyzing its global occurrence. It has been analyzed by the study that the global market for methyl acetoacetate was largely motivated by end-user industries like agrochemicals, pharmaceutical and solvents among others. In the year 2014, the production capability of methyl acetoacetate of China was around 740 thousand tons and the same year output reached about 680 thousand tons.
Methyl acetoacetate also knew as acetoacetic methyl ester, is a colorless clear liquid with a fruity aroma. Methyl acetoacetate is soluble in water and is fully soluble in alcohol, ether and ether acetate. It acts as a copromotor in resins and other compounds. Moreover, it is also used as a chemical intermediate in several industries like pharmaceutical, agrochemical & others. Moreover, it is primarily used for medicine, dyes, pesticides, polymers etc. It also can be used in food additives and flavors and perfumes.
In terms of geography, Asia-Pacific held the highest share as per the report. China had the highest demand for methyl acetoacetate in Asia Pacific region. As per the construction and under-construction plans of China methyl acetoacetate enterprises, the production capability is predicted to break 140 thousand tons and the output will reach about 136 thousand tons by 2021. In this subsequent section of the report, supply and demand of methyl acetoacetate industry in China is also presented. This section presents development status and industry growth for the forecast period of 2016 to 2021.
Moreover, the study majorly focuses on the leading enterprises of methyl acetoacetate industry in China. At present, leading players in the market are:
- Shandong Huihai Pharmaceutical & Chemical Co., Ltd.
- Nantong Acetic Acid Chemical Co., Ltd.
- Guangxi Jiyuan Biochemical Industrial Co., Ltd.
- Jiangsu Tiancheng Biochemical Products Co., Ltd.
- Wanglong Group
Among these, Jiangsu Tiancheng is the largest manufacturer of methyl acetoacetate and its production capability is 300 thousand tons, enchanting 40% domestic market shares. At last, the investment strategy of Chinese methyl acetoacetate industry is precisely outlined in the report.
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