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.
Global Phenylacetic Acid market size will increase to 75 Million US$ by 2025, from 79 Million US$ in 2018, at a CAGR of -0.7% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Phenylacetic Acid.
This report researches the worldwide Phenylacetic Acid market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Phenylacetic Acid breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Hebei Chengxin
Hebei Zehao Biotechnology
White Deer
TUL
Alembic
Gow Chemical
Jinguan Chemical
SPI
Phenylacetic Acid Breakdown Data by Type
Pharmaceutical Grade PAA
Chemical Grade PAA
Phenylacetic Acid Breakdown Data by Application
Penicillin
Flavor and Fragrance
Pesticide
Others
Phenylacetic Acid Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions
Phenylacetic Acid Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Phenylacetic Acid capacity, production, value, consumption, status and forecast;
To focus on the key Phenylacetic Acid manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
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.
In this study, the years considered to estimate the market size of Phenylacetic Acid :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Phenylacetic Acid . Industry analysis & Market Report on Phenylacetic Acid is a syndicated market report, published as Global Phenylacetic Acid Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Phenylacetic Acid market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.