2018-2023 Global Phenylacetic Acid Consumption Market Report
NxtGen Reports recently added a new market research report in its offerings titled, "2018-2023 Global Phenylacetic Acid Consumption Market Report".
(EMAILWIRE.COM, October 25, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Phenylacetic Acid market for 2018-2023.
Phenylacetic acid (abr. PAA and synonyms are: α-toluic acid, benzeneacetic acid, alpha tolylic acid, 2-phenylacetic acid, β-phenylacetic acid) is an organic compound containing a phenyl functional group and a carboxylic acid functional group. It is a white solid with a disagreeable odor. Because it is used in the illicit production of phenylacetone (used in the manufacture of substituted amphetamines), it is subject to controls in countries including the United States and China.
Phenylacetic acid has a high concentration. The top three companies account for more than 78.86 % of market share. Hebei Chengxin, Hebei Zehao Biotechnology and TUL are the tycoons of phenylacetic acid. Hebei Chengxin is the largest manufacturer, with the market share of 38.30% in 2015.
In terms of application, phenylacetic acid can be applied in penicillin industry, flavor and fragrance industry, pesticide industry and other. Penicillin industry accounted for the largest market with about 82.60% of the global consumption for phenylacetic acid in 2015.
Over the next five years, this report projects that Phenylacetic Acid will register a -1.9% CAGR in terms of revenue, reach US$ 70 million by 2023, from US$ 79 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Phenylacetic Acid market by product type, application, key manufacturers and key regions.
To calculate the market size, this report considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Pharmaceutical Grade PAA
Chemical Grade PAA
Segmentation by application:
Penicillin
Flavor and Fragrance
Pesticide
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Hebei Chengxin
Hebei Zehao Biotechnology
White Deer
TUL
Alembic
Gow Chemical
Jinguan Chemical
SPI
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Phenylacetic Acid consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Phenylacetic Acid market by identifying its various subsegments.
Focuses on the key global Phenylacetic Acid manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Phenylacetic Acid with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Phenylacetic Acid submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
To get Free Sample or to Buy this report at discounted price visit: https://www.nxtgenreports.com/market-research-reports/2018-2023-global-phenylacetic-acid-consumption
If you have any special requirements, kindly Contact Us and we will offer you the report as you want.
About NxtGen Reports: NxtGen Reports delivers strategic market research reports, industry analysis, business research and forecasts on product, services and companies. We understand the need of our customers and keep our market research reports up to date. Our reports are very well organized enabling our customers to identify and get access easily. We also offer customized discounts based on your expectations.
Contact Information:
Madhuri Vetal
NxtGen Reports
Email: sales@nxtgenreports.com
Phone: +918551022388
More Report at: https://www.nxtgenreports.com/market-research-reports
Phenylacetic acid (abr. PAA and synonyms are: α-toluic acid, benzeneacetic acid, alpha tolylic acid, 2-phenylacetic acid, β-phenylacetic acid) is an organic compound containing a phenyl functional group and a carboxylic acid functional group. It is a white solid with a disagreeable odor. Because it is used in the illicit production of phenylacetone (used in the manufacture of substituted amphetamines), it is subject to controls in countries including the United States and China.
Phenylacetic acid has a high concentration. The top three companies account for more than 78.86 % of market share. Hebei Chengxin, Hebei Zehao Biotechnology and TUL are the tycoons of phenylacetic acid. Hebei Chengxin is the largest manufacturer, with the market share of 38.30% in 2015.
In terms of application, phenylacetic acid can be applied in penicillin industry, flavor and fragrance industry, pesticide industry and other. Penicillin industry accounted for the largest market with about 82.60% of the global consumption for phenylacetic acid in 2015.
Over the next five years, this report projects that Phenylacetic Acid will register a -1.9% CAGR in terms of revenue, reach US$ 70 million by 2023, from US$ 79 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Phenylacetic Acid market by product type, application, key manufacturers and key regions.
To calculate the market size, this report considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Pharmaceutical Grade PAA
Chemical Grade PAA
Segmentation by application:
Penicillin
Flavor and Fragrance
Pesticide
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Hebei Chengxin
Hebei Zehao Biotechnology
White Deer
TUL
Alembic
Gow Chemical
Jinguan Chemical
SPI
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Phenylacetic Acid consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Phenylacetic Acid market by identifying its various subsegments.
Focuses on the key global Phenylacetic Acid manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Phenylacetic Acid with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Phenylacetic Acid submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
To get Free Sample or to Buy this report at discounted price visit: https://www.nxtgenreports.com/market-research-reports/2018-2023-global-phenylacetic-acid-consumption
If you have any special requirements, kindly Contact Us and we will offer you the report as you want.
About NxtGen Reports: NxtGen Reports delivers strategic market research reports, industry analysis, business research and forecasts on product, services and companies. We understand the need of our customers and keep our market research reports up to date. Our reports are very well organized enabling our customers to identify and get access easily. We also offer customized discounts based on your expectations.
Contact Information:
Madhuri Vetal
NxtGen Reports
Email: sales@nxtgenreports.com
Phone: +918551022388
More Report at: https://www.nxtgenreports.com/market-research-reports
Contact Information:
NxtGen Reports
Madhuri Vetal
Tel: +918551022388
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
NxtGen Reports
Madhuri Vetal
Tel: +918551022388
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results