2,4-Dichlorobenzyl Alcohol (DCBA) Market industry , Share, Growth Rate, Trends, Analysis, Future Scope, Forecast To 2030
Synopsis of 2, 4-Dichlorobenzyl Alcohol (DCBA) Market: The market for 2, 4-dichlorobenzyl alcohol is witnessing a spurting rise recently, mainly due to the coronavirus outbreak. Rising usages of DCBA substrates in the treatment or prevention of viral infections caused by SARS-associated coronavirus acts as a key driving force for the market growth. Moreover, growth in the rapidly growing end-use industries of DCBA, such as pharmaceutical, agriculture, cosmetics & personal care, and general industries accelerates the market growth. According to Market Research Future (MRFR), the global 2, 4-dichlorobenzyl alcohol market is poised to witness significant growth by 2023, registering an impressive CAGR during the forecast period (2017–2023). Increasing incidences of chronic disease push the consumption of DCBA in the pharmaceutical industry to develop breakthrough medicines. Also, advances in active pharmaceutical ingredients (API) manufacturing technology, alongside the growing urba