The global QX-314- bromide market is anticipated to grow at a significant CAGR during the forecast period. QX bromide is the quaternary derivative of lidocaine, a voltage-activated Na+ channel blocker. Calcium current in hippocampal CA1 pyramidal neurons is also inhibited by intracellular QX bromide. Its rising demand as a replacement for trichloroethylene and perchloroethylene is attributed to its growth. Trichloroethylene and perchloroethylene have been subjected to stringent laws, forcing customers to seek more environmentally friendly alternatives. Owing to the superior cleaning properties of QX bromide, as well as lower toxicity, it has emerged as a viable alternative to traditional solvent chemicals.
Increasing demand for QX bromide from a variety of cleaning applications, including cold wiping, vapour degreasing, optical cleaning, and aerospace applications, is expected to drive the QX-314-bromide market size during the forecast period. During the forecast period, the demand for QX-314-bromide has been driven by increasing demand for precision cleaning for applications such as medical implant equipment, artificial joints, aerospace components, and electronics. Metal cleaning and vapour degreasing applications have become key users of QX-314-bromide owing to its high solvency and powerful cleaning properties. As a result, metal cleaning and vapour degreasing accounted for more than one-third of global consumption in 2020.
QX bromide has become a major element in the synthesis of insecticides, quaternary ammonium compounds, and tastes and fragrances owing to its efficacy as an intermediary. The pharmaceutical industry is one of the main consumers of QX-314-bromide. Agrochemicals and electronics are expected to increase the demand for QX-314-bromide during the forecast period. When compared to alternative cleaning solvents such as Novec and Vertrel, QX-314-bromide is less expensive, which is one of the main driving forces of the market.
Market Coverage
o By Product Type
o By Application
Key questions addressed by the report
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
Market Segmentation
Global QX-314- Bromide Market, By Product Type
Global QX-314- Bromide Market, By Application
Global QX-314- Bromide Market, By Geographic Region
North America
Europe
Asia-Pacific
Rest of the World