Global Solketal Market Growth 2023-2029

Global Solketal Market Growth 2023-2029

Solketal is a protected form of glycerol with an isopropylidene acetal group joining two neighboring hydroxyl groups. Solketal contains a chiral center on the center carbon of the glycerol backbone, and so can be purchased as either the racemate or as one of the two enantiomers. Solketal has been used extensively in the synthesis of mono-, di- and triglycerides by ester bond formation. The free hydroxyl groups of solketal can be esterified with a carboxylic acid to form the protected monoglyceride, where the isopropylene group can then be removed using an acid catalyst in aqueous or alcoholic medium. The unprotected diol can then be esterified further to form either the di- or triglyceride.

LPI (LP Information)' newest research report, the “Solketal Industry Forecast” looks at past sales and reviews total world Solketal sales in 2022, providing a comprehensive analysis by region and market sector of projected Solketal sales for 2023 through 2029. With Solketal sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Solketal industry.

This Insight Report provides a comprehensive analysis of the global Solketal landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Solketal portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Solketal market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Solketal and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Solketal.

The global Solketal market size is projected to grow from US$ 17 million in 2022 to US$ 6 million in 2029; it is expected to grow at a CAGR of 6 from 2023 to 2029.

Asia-Pacific is the largest market with about 46% market share. North America and Europe are follower, accounting for about 46% market share.

The key players are Solvay, Loba Feinchemie AG, CM Fine Chemical, Chemos GmbH, Suzhou ChonTech BioPharma, Beyond Industries etc. Top 3 companies occupied about 50% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Solketal market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Purity Less Than 96%
Purity: 96%-98%
Purity More Than 98%

Segmentation by application
Pharmaceutical Intermediates
Solvent
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Solvay
Loba Feinchemie AG
CM Fine Chemical
Chemos GmbH
Suzhou ChonTech BioPharma
Beyond Industries

Key Questions Addressed in this Report

What is the 10-year outlook for the global Solketal market?

What factors are driving Solketal market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Solketal market opportunities vary by end market size?

How does Solketal break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.