![Global N-Methylmorpholine Market](https://res.cloudinary.com/devmoveo/image/upload/v1705500028/skyquest/report/phpBrdWgC.jpg)
Report ID: SQSG15E2043
Report ID:
SQSG15E2043 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
62 |
Figures:
75
The global N-methylmorpholine market is studied on the basis of geography as North America, Europe, Asia-Pacific, South America, and Middle East & Africa. The Asia Pacific region is expected to account for the largest market. China is the core center of the chemical industry’s supply chain, with the presence of organizations that have massive factories in the country. As per the International Council of Chemical Associations (ICCA), China is the eighth largest chemical importing nation and the twelfth largest chemical exporting nation across the globe. Most of the Chinese factories were shut down due to the coronavirus pandemic. As a result, there is a high disruption in the supply chain process of chemicals globally. the market is also likely to witness a high volatility in prices owing to a certain array of factors such as natural prices hike in the key economies of the Asia-Pacific region and a decline in the import of products from China to India. Hence, this might impact the growth of the Asia Pacific market. In addition to this, the industry has also been influenced by the decline in the import from China in India. This has largely influenced the growth of the industry. Also, the increased prices of natural gas in India have increased the prices of N-Methylmorpholine in the India. This volatility in the prices further impacts the market growth.
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REQUEST FREE CUSTOMIZATIONN-Methylmorpholine Market size was valued at USD 4.05 billion in 2019 and is poised to grow from USD 4.22 billion in 2023 to USD 6.07 billion by 2031, growing at a CAGR of 4.7% in the forecast period (2024-2031).
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Report ID: SQSG15E2043