Acid Chlorides Market Technology, Product

The global Acid Chlorides market size was USD 24.40 Billion in 2021 and is expected to register a revenue CAGR of 15.7% during the forecast period. Rising demand for aspirin due to increasing prevalence of atherosclerosis and other cardiovascular diseases and steady use of acid chlorides in the pharmaceutical industry are major factors driving market revenue growth. In addition, rising usage of acid chloride-based active ingredients for agrochemical production and increasing adoption of benozyl chloride for production of perfumes and artificial tannins are some other factors expected to significantly contribute to market revenue growth.