Impact of COVID-19 on Boron Trifluoride-Methanol Complex Market: Implications on Business

Boron Trifluoride-Methanol Complex Market: Overview

Boron trifluoride-methanol complex is usually a colorless or yellow-colored liquid. The color depends upon the concentration of the product. It has molecular weight of 131.89 and molecular formula BF₃•2CH₃OH. Boron trifluoride–methanol complex possesses auto-ignition temperature of 420°C. The product is primarily used for laboratory research. Boron trifluoride–methanol complex is a reagent that is frequently used for the preparation of methyl esters of carboxylic acids. It is recognized as a valuable building block of several other boron compounds. Companies such as TCI America offer boron trifluoride–methanol complex of a specific grade suitable for common industrial and research applications. The product is considered not appropriate for pharmaceutical use or human consumption.

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Boron Trifluoride-Methanol Complex Market: Drivers and Restraints

Boron trifluoride is highly flammable in both liquid and vapor forms. Therefore, it is difficult to store the product under normal conditions. Since the product requires more chemically protected storage facility, additional storage cost is incurred. Boron trifluoride–methanol complexes, however, are very attractive substitutes for boron trifluoride in liquid or gaseous form, due to their easier handling. The complex also offers modified reactivity and hence, it is safe for transportation. These factors are expected to drive the demand for boron trifluoride–methanol complex in the next few years.

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Boron Trifluoride-Methanol Complex Market: Segmentation

Based on form, the boron trifluoride-methanol complex market can be segmented into:

• Liquid
• Solid
• High-pressure Gas

The complex forms of BF₃ are usually liquids or solids, whichever is easier to manage compared to the high-pressure gas form of BF₃, depending upon the application. The industrial practice is to use boron trifluoride in a complex form. Using or storing BF₃ in a complex form with methanol allows it to be released under favored conditions. Boron trifluoride complexes deliver exceptional catalytic effects. The complexes also help in changing the characteristics of the reaction products. 

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Highlights of the report:

• A complete backdrop analysis, which includes an assessment of the parent market
• Important changes in market dynamics
• Market segmentation up to the second or third level
• Historical, current, and projected size of the market from the standpoint of both value and volume
• Reporting and evaluation of recent industry developments
• Market shares and strategies of key players
• Emerging niche segments and regional markets
• An objective assessment of the trajectory of the marketRecommendations to companies for strengthening their foothold in the market

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.