Phenylacetic Acid Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 - 2026

Category : Chemicals and Materials | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC837

Introduction

Phenylacetic acid is an active auxin which is a sort of plant hormone and found chiefly in fruits. Phenylacetic acid is also known as β-phenylacetic acid, alpha tolylic acid, benzene acetic acid, α-toluic acid and 2-phenylacetic acid. Phenylacetic acids are organic compound comprising carboxylic acid functional group and phenyl functional group. These acids are having disagreeable odor and naturally occur in white solid.

Market Dynamics

Phenyl acetic acids ensure reliability and durability and also have demand in domestic markets owing to its wide usage in perfumes. Conversely when compared with auxin particle indole-3-acetic acid its effect is much fragile. It finds application in perfumes, diclofenac production and penicillin G production. Since phenylacetic acids are used as substitute over amphet amines and increasing demand in domestic usage is expected to propel growth of this market.

Market Classification

The market can be bifurcated on the basis of type, application and geography. By type, phenyl acetic acid market can be segmented into pharmaceutical grade PAA and chemical grade PAA. By application, phenylacetic acid market can be segmented into penicillin, flavor and fragrance, pesticide and others. On the basis of geography, the phenylacetic acid market can be segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific.

Report Coverage

Market

Phenylacetic Acid Market

Analysis Period

2015 – 2026

Historic Data

2015 – 2016

Base Year

2017

Forecast Data

2018 – 2026

Market Stratification

Type, Application, Geography

Regional Scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)

Report Coverage

Market Trends, Drivers, Restraints, Porter's Five Forces Analysis,

Competitive Analysis, Player Profiling, Value Chain Analysis

 

Market Participants

Some of the major players involved in phenylacetic acid market includes White Deer Energy, Hebei Chengxin Co., Ltd., Tulstar Products, Inc., Hebei Zehao Biotechnology Co., Ltd., Gow Chemical Corp. Limited and Alembic Pharmaceuticals Ltd among others.

Market Segmentation

Market By Type

  • Pharmaceutical Grade PAA
  • Chemical Grade PAA

Market By Application

  • Penicillin
  • Flavor and Fragrance
  • Pesticide
  • Others

Market By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • France
    • Germany
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Chile
    • Rest of LATAM
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • Rest of MEA

 


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