Higher Demand in Pharmaceutical Industries
It is used to produce a variety of drug groups in the pharmaceutical industry, including nucleosides, antibiotics, hormones, proteins, and glycosides, and this is one of the primary factors driving the use of triflic acid. Vitamin synthesis, silicon rubber alteration, and catalyst isomerization and alkylation are some of its other uses. Triflic acid’s production is rapidly increasing as a result of its widespread use in the pharmaceutical and chemical industries. Over the forecast period, the expanding application spectrum of silicon rubber is expected to provide numerous growth factors.
Global Triflic Acid Market by Type Insights