DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Ceric Ammonium Nitrate Market Analysis By Application (Laboratories, Photomasks, Liquids Crystal Displays) And Segment Forecasts To 2022" report to their offering.
The global ceric ammonium nitrate market is expected to reach USD 190.1 million by 2022.
Global ceric ammonium nitrate market is still at its developing stage and is expected to witness significant growth in research labs, educational institutions and medical applications. Increasing healthcare expenditure coupled with growth of electronics industry particularly in emerging markets of Asia Pacific and Latin America is expected to drive its demand over the forecast period.
Stringent regulations particularly in the U.S. and Europe are expected to remain a key challenge for industry participants. Ceric ammonium nitrate (CAN) is considered as an oxidizing agent and irritant under Dangerous Substances Directive (67/548/EEC) by the European Union.
Laboratories were the leading application segment with demand share exceeding 70% in 2014. Increasing initiatives by research laboratories and educational institutions to expand application base owing to favorable prices coupled with flexible nature is expected to drive this segment over the forecast period. CAN is used for wide range of organic reactions including oxidation, synthesis of heterocycles, generation of carbon (heteroatom bonds), generation of carbon-carbon bonds, cleavage of carbon (heteroatom bonds), cleavage of Si-O bonds, C-halogen bond formation, and CAN-catalyzed multi-components.
Asia Pacific was the leading regional market with demand share exceeding 40% in 2014. The region is also expected to witness the highest growth of 6.2% from 2015 to 2022. Rapidly expanding electronics industry particularly in China, India and Taiwan is expected to drive the regional market over the forecast period.
- Uranus Chemicals
- American International Chemical
Ganzhou Wanfeng Advanced Materials Tech.
Shanghai Renyoung Pharmaceutical
Chuan Yan Technology
- A.B. Enterprises
- Treibacher Industrie AG
- American Elements
- Sigma-Aldrich Corporation
- Santa Cruz Biotechnology, Inc.
- Blue Line Corporation
Key Topics Covered:
1 Methodology & Scope
2 Executive Summary
3 Ceric Ammonium Nitrate Industry Outlook
4 Ceric Ammonium Nitrate Application Outlook
5 Ceric Ammonium Nitrate Region Outlook
6 Competitive Landscape
For more information visit http://www.researchandmarkets.com/research/47m2m9/ceric_ammonium