SAN FRANCISCO, Sept. 16, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Ethoxyquin - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 6; Released: April 2021
Executive Pool: 653
Companies: 47 - Players covered include Camlin Fine Sciences, Ltd.; Impextraco NV; Industrial Tecnica Pecuaria SA; Jiangsu Zhongdan Group Co., Ltd.; Kemin Industries, Inc.; Merck KgaA; Mitsui & Co., Ltd.; Rensin Chemicals Limited and Others.
Coverage: All major geographies and key segments
Segments: End-Use (Pesticides, Pet Food Preservatives, Poultry Industry, Aquaculture Industry, Spice Color Preservatives, Industrial Application); Segment (Ethoxyquin- 95 Oil, Ethoxyquin- 66 Powder, Ethoxyquin- 33 Powder)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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Global Ethoxyquin Market to Reach $234.6 Million by 2026
Amid the COVID-19 crisis, the global market for Ethoxyquin estimated at US$181.2 Million in the year 2020, is projected to reach a revised size of US$234.6 Million by 2026, growing at a CAGR of 4.4% over the analysis period. Ethoxyquin- 95 Oil, one of the segments analyzed in the report, is projected to record a 4.6% CAGR and reach US$135.4 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Ethoxyquin- 66 Powder segment is readjusted to a revised 4.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $50.4 Million in 2021, While China is Forecast to Reach $47.3 Million by 2026
The Ethoxyquin market in the U.S. is estimated at US$50.4 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$47.3 Million by the year 2026 trailing a CAGR of 7.1% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 3.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR.
Ethoxyquin- 33 Powder Segment to Reach US$43 Million by the year 2026
In the global Ethoxyquin- 33 Powder segment, USA, Canada, Japan, China and Europe will drive the 3.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$25.7 Million in the year 2020 will reach a projected size of US$33.2 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
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