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Diketene Derivatives Industry Size, Share, Demand & Growth by 2028

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Diketene Derivatives Industry Size, Share, Demand & Growth by 2028
Future Market Insights’ new market research report titled ‘Diketene Derivatives Market:
Global Industry Analysis 2013–2017 and Opportunity Assessment 2018–2028′,
investigates the diketene derivatives market, and provides critical insights for the forecast
period 2018 and 2028.
As per the findings of the report, the global diketene derivatives market is expected to witness
significant growth between 2018 to 2028, because of reasons such as increasing demand from
pharmaceutical and nutraceutical, agrochemical, and pigment and dye industries. The global
diketene derivatives market was valued at US$ 324.9 Mn in the year 2017, and is expected to
expand at a CAGR of 8.2% over the forecast period of 2018 to 2028.
Increasing production of medicines, vitamins, pesticides, and paints and coatings, among
others, has resulted in a drastic increase in the demand for diketene derivatives, which are
used as intermediates in their production. This explains the projected high growth of the
diketene derivatives market during the forecast period.
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South Asia Expected to Project Significant Growth Opportunities for Global Diketene
Derivative Market Players
The global diketene derivatives market is fairly large and consolidated. There are a few
players that have established themselves at international as well as domestic levels. These
players are trying to grow further by expanding into high-growth regions, and also by
expanding their manufacturing capacities to cater to the increasing demand.
East Asia is expected to be a prominent region in the global diketene derivatives market
throughout the forecast period, because of the increasing production and consumption
in China. Besides East Asia, South Asia, which includes countries such as India, Malaysia,
and Thailand, is also projected to be a lucrative region for the global diketene derivatives
market.
Developing economies, industrialization, and increasing annual income of the population in
this region are some of the reasons that are majorly driving the opportunities of growth
in South Asia.
Alkylamides – by Derivative, and Pharmaceuticals & Nutraceuticals – by Application,
to Remain Prominent over the Forecast Period
The market has been segmented on the basis of derivative and application, besides the seven
regions.

On a global level, the alkylamides in the global diketene derivatives market are
expected to be the top selling derivative throughout the forecast period. The growth of
the sales of this segment over the forecast period is projected to be significantly high
when compared to other derivatives such as arylamides, alkylamides, and
dihydroacetic acid (DHS) and salt, among others.

Diketene derivatives are consumed for many applications such as pharmaceuticals and
nutraceuticals, agrochemicals, and pigments and dyes, among others. The
pharmaceuticals and nutraceuticals segment is estimated to be one of the prominent
applications of diketene derivatives, and is expected to consume a considerable
volume of diketene derivatives throughout the forecast period.

Besides pharmaceuticals and nutraceuticals, the application of diketene derivatives in
the agrochemical industry is also expected to create significant revenue for the global
diketene derivatives market. This is driven by the increasing amount of cultivation
across geographies, which has resulted as a consequence of the global hike in demand
for food. Utilization has become a necessity for farmers in order to increase their
farming yield and prevent crop destruction. This directly creates demand for diketene
derivative, and hence drives the growth of the market.
About the Chemicals and Materials Division at Future Market Insights (FMI)
The chemicals and materials division of Future Market Insights (FMI) offers a distinct and
pinpoint analysis of the chemicals and materials industry. This exhaustive coverage extends
from commodity, bulk, specialty, and petrochemicals to advanced materials, composites, and
nanotechnology in particular, with special emphasis on ‘green alternatives, recycling and
renewable technology developments, and supply-demand-trade assessment. Our research
studies serve as referencing market guidelines for chemical manufacturers, research
institutions, channel partners, and government bodies for developing — ‘The Way Forward’.
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member of the Greater New York Chamber of Commerce) offers profound insights into the
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