Rhodium Acetylacetonate Market Key Highlights:
- Market Size (2024): USD 62.12 Million
- Projected Market Size (2034): USD 123.34 Million
- CAGR (2023-2034): 7.1%
Pricing Analysis:
- Price Growth
- Regional Variations
Volume Analysis:
Import-Export Data
- Major Importers
- Major Exporters
Market Historic Sales
- Total sales volume, year-over-year growth, product categories, and market share.
Revenue Estimation
- Forecasting future revenues based on historical data, market trends, and economic indicators.
Sales by Region
- Breakdown of sales performance across different geographical areas.
Revenue by Manufacturer
- Analysis of revenue contributions from different manufacturers in the market.
Price by Manufacturer
- Examination of pricing strategies adopted by various manufacturers.
Rhodium Acetylacetonate Market Definition
The rhodium acetylacetonate market is an integral sector of the chemical industry. This industry deals in the manufacturing and distribution of rhodium acetylacetonate across the world. It is a coordination complex with a formula of Rh 3. These complexes are yellowish in color and consist of D3-symmetry. It is represented by a chemical formula of Rh(C5H7O2)3. This is an organic compound that is available on the market in crystal or powdered form. These compounds come with a melting point of 263–264 °C, which makes them suitable for numerous end-uses. It has a molar mass of 400.232 g·mol−1, and its CAS number is 14284-92-5. This market is expected to expand significantly with the growth in the materials and chemicals industry across the world.
The demand for rhodium acetylacetonate has increased rapidly in the nanocrystal sector. In the nanocrystal industry, these compounds are applied for synthesizing rhodium nanocrystals that are used in oil refining processes, chemical synthesis, and fuel cell technology. Also, the application of these coordination complexes has increased in the chemical sector for ethanol steam reforming, hydrogenation, CO oxidation, and NOx reduction. Moreover, the increased use of rhodium acetylacetonate in the application of manufacturing phosphorescent complexes, water treatment, and metal plating has gained traction. Thus, the rising application of rhodium acetylacetonate in the above-mentioned sectors is expected to drive the expansion of the rhodium acetylacetonate market.
In March 2024, VRAY Instrument Limited launched a cutting-edge XRF precious metal analyzer. This device is designed to analyze different precious metals such as rhodium acetylacetonate. The advancements in homogeneous metal industry along with growing use of RH nanocrystals in cancer treatment is expected to create ample opportunities for the market players in the future.
Rhodium Acetylacetonate Market Segmentation:
By Type
- 97% Purity Minimum
- 99% Purity Minimum
By Application
- Chemical Manufacturing
- Catalytic Synthesis
- Other
Rhodium Acetylacetonate Market Companies:
- American Elements
- ABCR
- ALADDIN-E
- A2B Chem
- Angene
- BOC Sciences
- Chemwill Asia
- Gelest
- Glentham Life Sciences
- NBInno
- Strem
- Santa Cruz Biotechnology
- Volatec
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