According to the US census bureau, 25,142.5 million worth of chemicals were imported in the US for consumption in January 2021. Moreover, 16,543.1 million worth of chemicals were exported from the US during the same month. The imported chemicals in the US faced an import duty worth 281.8 million, a relatively modest amount. The export, and import of chemicals globally remains a promising outlook as demand for chemicals in a wide range of other industries including agriculture, manufacturing, personal care, food and beverage, textiles, among others remains promising. The trends in the US are a reflection of growing chemical-based manufacturing globally. For example, during the 2007-2017 period, the EU trade surplus of chemicals increased at 6% annual growth, from 76 billion Euros in 2007 to 138 billion Euros in 2017.
The key challenge for the chemical industry is the discovery of new chemicals in organic varieties. For example, according to the World Bank, the value added percentage of chemicals in manufacturing in the United Kingdom stood at 9.61% in 1962. It rose consistently during the 1990s to over 10-11%. However, the percentage has dropped to 6.99% in manufacturing sector in 2018, thanks to growing demand for natural alternatives. Hence, while growing industrial activity has led to significant demand for chemicals, the growth in key sectors like manufacturing remains a challenge due to limited availability of organic chemicals. Hence, organic chemicals represent the key opportunity on the horizon in the chemical industry today. Are you looking for more such insights in the chemical and material sector? We at Credible Markets have released a new report titled, ‘5-Fluorouracil Market’ this week. Our analysts believe 5-Fluorouracil is an innovative, and promising landscape to explore for the 2021-2028 period.
5-Fluorouracil market is split by Type and by Application. For the period 2016-2026, the growth among segments provide accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type, covers
Market segment by Application can be divided into
The key market players for global 5-Fluorouracil market are listed below:
➥Nantong Haiers Pharmaceutical Co
➥Nantong Jinghua Pharmaceutical Co
➥Fujian Yongjing Technology Co
➥Yingkou Sanzheng New Technology Chemical Industry Co
Keep in mind, it doesn’t matter where your commercial interest lies – whether you are looking for promising insights in the pricing structure, manufacturing process, import/export, total revenues, demand/supply dynamics, competitive positioning, raw material consumption or just product offerings in the market – we can deliver the essence of the market at your doorstep. If you would like to enquire about a research report sample on 5-Fluorouracil market, use the link below.
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions:
North America (United States, Canada, Mexico)
Europe (Germany, UK, France, Italy, Spain, Others)
Asia-Pacific (China, Japan, India, South Korea, Southeast Asia, Others)
Middle East and Africa (Saudi Arabia, UAE, South Africa, Others)