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METHYL & ETHYL CHLOROACETATE MARKET ANALYSIS

Methyl & Ethyl Chloroacetate Market, By Product Type (Methyl Chloroacetate and Ethyl Chloroacetate), By Grade (0.98 and Others), By Application (Solvent, Chemical Synthesis, and Others), and By Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa)

  • Published In : Apr 2023
  • Code : CMI3011
  • Pages :120
  • Formats :
      Excel and PDF
  • Industry : Bulk Chemicals

Market Challenges And Opportunities

Global Methyl & Ethyl Chloroacetate Market- Restraint

Regulations imposed by government agencies

Stringent regulations imposed by government agencies is expected to hinder the market growth in the near future. Methyl chloroacetate is crystalline solid that is dissolved in a liquid, and acute contact with it can cause serious damage to the eyes, skin, and mucous membranes. Methyl chloroacetate is used in manufacturing of chemicals, however it poses occupational hazards due to its toxic content. These factors are expected to hamper growth of the global methyl & ethyl chloroacetate market.

For instance, according to New Jersey Department of Health and Senior Services, Ethyl Chloroacetate is on the hazardous substance list because it is cited by DOT (Department of Telecommunication) and NFPA (National Fire Protection Association). This chemical is on the special health hazard substance list because it is flammable. By using non-toxic contect can counterbalance this restraint.

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