The global Phenylacetic Acid market was valued at US$ 74 million in 2022 and is projected to reach US$ 66 million by 2029, at a CAGR of -1.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Phenylacetic acid (abr. PAA and synonyms are: ?-toluic acid, benzeneacetic acid, alpha tolylic acid, 2-phenylacetic acid, ?-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.
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This report aims to provide a comprehensive presentation of the global market for Phenylacetic Acid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Phenylacetic Acid. This report contains market size and forecasts of Phenylacetic Acid in global, including the following market information:
Global Phenylacetic Acid Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Phenylacetic Acid Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Phenylacetic Acid companies in 2022 (%)
The major players in global Phenylacetic Acid market include Hebei Chengxin, Hebei Zehao Biotechnology, etc. The top 2 players occupy about 40% shares of the global market. China is the main market, and occupies about 90% of the global market. Pharmaceutical Grade PAA is the main type, with a share about 90%. Penicillin is the main application, which holds a share about 80%.
We surveyed the Phenylacetic Acid manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Phenylacetic Acid Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Phenylacetic Acid Market Segment Percentages, by Type, 2022 (%)
Pharmaceutical Grade PAA
Chemical Grade PAA
Global Phenylacetic Acid Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Phenylacetic Acid Market Segment Percentages, by Application, 2022 (%)
Penicillin
Flavor and Fragrance
Pesticide
Others
Global Phenylacetic Acid Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Phenylacetic Acid Market Segment Percentages, By Region and Country, 2022 (%)
North America (United States, Canada, Mexico)
Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
The Middle East and Africa (Middle East, Africa)
South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Phenylacetic Acid revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Phenylacetic Acid revenues share in global market, 2022 (%)
Key companies Phenylacetic Acid sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Phenylacetic Acid sales share in global market, 2022 (%)
key players include:
Hebei Chengxin
Hebei Zehao Biotechnology
White Deer
TUL
Alembic
Gow Chemical
Jinguan Chemical
SPI
Outline of Major Chapters:
Chapter 1: Introduces the definition of Phenylacetic Acid, market overview.
Chapter 2: Global Phenylacetic Acid market size in revenue and volume.
Chapter 3: Detailed analysis of Phenylacetic Acid manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Phenylacetic Acid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Phenylacetic Acid capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
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Table of content
1 Introduction to Research & Analysis Reports 1.1 Phenylacetic Acid Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Phenylacetic Acid Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Phenylacetic Acid Overall Market Size 2.1 Global Phenylacetic Acid Market Size: 2022 VS 2029 2.2 Global Phenylacetic Acid Revenue, Prospects & Forecasts: 2018-2029 2.3 Global Phenylacetic Acid Sales: 2018-2029 3 Company Landscape 3.1 Top Phenylacetic Acid Players in Global Market 3.2 Top Global Phenylacetic Acid Companies Ranked by Revenue 3.3 Global Phenylacetic Acid Revenue by Companies 3.4 Global Phenylacetic Acid Sales by Companies 3.5 Global Phenylacetic Acid Price by Manufacturer (2018-2023) 3.6 Top 3 and Top 5 Phenylacetic Acid Companies in Global Market, by Revenue in 2022 3.7 Global Manufacturers Phenylacetic Acid Product Type 3.8 Tier 1, Tier 2 and Tier 3 Phenylacetic Acid Players in Global Market 3.8.1 List of Global Tier 1 Phenylacetic Acid Companies 3.8.2 List of Global Tier 2 and Tier 3 Phenylacetic Acid Companies 4 Sights by Product 4.1 Overview 4.1.1 By Type - Global Phenylacetic Acid Market Size Markets, 2022 &
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