Diketene Market - Forecast(2021 - 2026)
Diketene Market Overview Diketene Market is forecast to reach $706 million by 2025, after growing at a CAGR of 3.5% during 2020-2025, owing to the extensive characteristics of diketene such as highly reactive building blocks, light-colored liquid, non-hygroscopic properties, and more. Diketene is an organic compound formed by dimerization of ketene and is slightly soluble in aliphatic hydrocarbons such as hexane, octane, cyclohexane, and methylcyclohexane. Also, diketene is often used in a reaction with alcohol in presence of an acid catalyst to prepare acetoacetic acid. The major factor driving the growth of the diketene market globally is its increasing usage and demand in the agrochemical industries. Furthermore, the pharmaceutical industries are flourishing across the globe, which will flourish the market growth. Diketene Market Report Coverage The report: “Diketene Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the dikete...