Global Xanthates Market to Reach $741.3 Million by 2030
The global market for Xanthates estimated at US$533.3 Million in the year 2023, is expected to reach US$741.3 Million by 2030, growing at a CAGR of 4.8% over the analysis period 2023-2030. Potassium Amyl Xanthate, one of the segments analyzed in the report, is expected to record a 5.4% CAGR and reach US$299.4 Million by the end of the analysis period. Growth in the Sodium Isobutyl Xanthate segment is estimated at 4.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $141.9 Million, While China is Forecast to Grow at 8.5% CAGR
The Xanthates market in the U.S. is estimated at US$141.9 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$171.3 Million by the year 2030 trailing a CAGR of 8.5% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.8% and 5% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 2.2% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$100.6 Million by the year 2030.
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