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Hexachloroethane (Cas 67-72-1) Market Is Predicted to Grow at a Cagr of 2.7% During 2019-2025 - QYR

Hexachloroethane (CAS 67-72-1) Market report focuses on Global major leading players with information such as company profiles, product picture, future road map, opportunities and investment.

Posted: Sunday, February 17, 2019 at 5:41 AM CST

Los Angeles, CA -- (SBWire) -- 02/17/2019 --Hexachloroethane is a chlorinated alkane that exists at room temperature as a colorless crystalline solid with a camphor-like odor. It is practically insoluble in water, soluble in ethanol, benzene, chloroform, and oils, and very soluble in diethyl ether and tetrachloroethylene (Akron 2009, HSDB 2009). Hexachloroethane is stable under normal temperatures and pressures and is considered nonflammable; however, it is incompatible or reactive with alkalis and with metals such as zinc, cadmium, aluminum, hot iron, and mercury (NIOSH 2005).

The global production of hexachloroethane increased from 9029 tons in 2013 to 10424 tons in 2017, at a CAGR of 2.07%. In 2017, the global hexachloroethane market is led by India. China is the second-largest region-wise market. At present, the major manufacturers of hexachloroethane are concentrated in India and China. Scottish Chemical Industries is the world leader, holding 31.5% production market share in 2017. The global hexachloroethane market that was valued at US$ 11.2 million in 2017 and is estimated to be worth US$ 13.9 million by the end of 2024, registering growth at a CAGR of 3.16%.

HCE is a halogenated hydrocarbon consisting of six chlorines attached to an ethane backbone. HCE was produced in the United States from 1921 to 1967. Now, almost all production plants are located in India and China. HCE is primarily used in the military for smoke pots, smoke grenades, and pyrotechnic devices. In the past, HCE was used as antihelminthic for the treatment of sheep flukes, but is no longer used for this purpose since the FDA withdrew approval for this use in 1971. HCE has also been used as a polymer additive, a moth repellant, a plasticizer for cellulose esters, and an insecticide solvent, and in metallurgy for refining aluminum alloys.

About 57 % of the quantity produced is used for the production of smoke screen preparations. The remaining 43 % is sold to customers (downstream users). Metal and Alloy Production applications or Agriculture applications accounted for 23% and 9% of the share of consumption volumes. In developed countries, a number of other past uses of hexachloroethane have been identified, but many of these likely have been discontinued or involve the use of only limited quantities. Therefore, consumption in the United States, Europe and Japan is minimal.

The global Hexachloroethane (CAS 67-72-1) market is valued at 11 million US$ in 2018 is expected to reach 14 million US$ by the end of 2025, growing at a CAGR of 2.7% during 2019-2025. This report focuses on Hexachloroethane (CAS 67-72-1) volume and value at global level, regional level and company level. From a global perspective, this report represents overall Hexachloroethane (CAS 67-72-1) market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan. At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

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The following manufacturers are covered:

Scottish Chemical Industries

Teja Matallurgicals and Chemicals

Changshu Zhenfu New Materials

Nantong Donggang Chemical

Segment by Regions

North America

Europe

China

Japan

Segment by Type

99.0% Purity

99.5% Purity

Segment by Application

Smoke Screen Preparations

Metal and Alloy Production

Agriculture

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