Report Code: A14551 | Pages: NA | Mar 2023 | 625 Views | ||
Author(s) : Eswara P | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
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Diethyl sulfate is a colorless and oily liquid with a faint peppermint odor. It exhibits corrosive properties, when it comes in contact with metals, and is highly carcinogenic. Diethyl sulfate is a vital chemical intermediate used to create products for coatings, pharmaceuticals, personal care products, detergents, flavors & fragrances, and textiles. It is also used as an industrial solvent and is an industrial solvent. It is primarily employed in the formation of ethyl derivatives such as amine, thiols, phenols, and other derivatives. Since, it is highly toxic, exposure to diethyl sulfate may lead to irritation in the eyes, skin rashes, and breathing problems.
Report Metric | Details |
Market Size Available for Years | 2020–2030 |
Base Year Considered | 2020 |
Forecast Period | 2021–2030 |
Forecast Unit | Value (USD) |
Segments Covered | Application and Region |
Regions Covered | North America, Europe, Asia-Pacific, LAMEA |
Companies Covered | Аlfа Аеѕаr, Соуnе Сhеmісаl, Меrсk КGаА, Іnduѕtrіаl Ѕоlvеntѕ & Сhеmісаlѕ Рvt. Ltd., Sunraj Chemical Co., Тhе Dhаrаmѕі Моrаrјі Сhеmісаl Соmраnу Ltd., Тhе Dоw Сhеmісаl Соmраnу, Јаrсhеm Іnduѕtrіеѕ Іnс., Unіоn Саrbіdе Соrроrаtіоn, and W&Ј РhаrmаСhеm Іnс. |
COVID-19 Impact analysis
The COVID 19 pandemic had a mixed effect on the Diethyl Sulfate market. Due to the lockdown imposed around the world, travel restrictions as well as the shutdown of market, the major end use industries of diethyl sulfate, namely coatings, textile and personal care industries suffered a noteworthy setback due to the pandemic. Due to the lockdown, the demand for the products entailing to the above-mentioned industries declined sharply, which in turn, led to drop in demand for diethyl sulfate. However, the pharmaceuticals industry was in the boom throughout the pandemic due to increased demand for medicines, led to moderate growth in the diethyl sulfate market. Altogether, the diethyl sulfate market witnessed a slump due to the COVID-19 pandemic but is still anticipated to flourish in the post pandemic forecast period.
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