The study covers a detailed analysis segmented by key business segments i.e. by type (Acid Orange 7, Acid Orange 10, Acid Orange 24, Acid Orange 67, Acid Orange 5 & 6 and Others) , by application (Consumer Goods, Food & Beverages, Pharmaceuticals, Chemicals, Textiles and Others) and major geographies. Research Analyst at AMA predicts that India Vendors will contribute to the maximum growth of Global Acid Orange market throughout the predicted period.
What is Acid Orange?
An organic sodium salt that is the disodium salt of 7-hydroxy-8-[(E)-phenyldiazenyl] naphthalene-1,3-disulfonic acid, commonly known as acid orange. It is an azo compound and is combined with other yellow dyes in an alcoholic solution to stain erythrocytes in trichrome methods. In terms of physical properties, acid orange is available in orange crystals or powder, red to orange color, soluble in water and incompatible with strong oxidizing agents, etc. Attributing to these properties, acid orange is applicable in biological applications including measuring glycated proteins; detecting lung cancer metastasis; ophthalmic devices, and others.
The competition is expected to become even more intense in the years to come due to entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Acid Orange market analysis report suggests strategies Vendors can follow and recommends key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, including:
- Mitsubishi Chemical Corporation (Japan)
- Tokyo Chemical Industry Co. Ltd. (Japan)
- Merck KGaA (Germany)
- Vinayak Ingredients (India) Pvt. Ltd. (India)
- Shramik Chemicals (India)
- Krishna Dyestuff Company (India)
- Kanto Corporation (United States)
- Mayur Dye Chem (India)
- Asim Products (India)
- Nitin Dye Chem Pvt. Ltd. (India)
The global acid orange market is consolidated in nature. Manufacturers are focusing on strategic acquisitions and geographical expansions to increase their footprint across the globe as well as to increase their manufacturing capabilities with high growth potential, as there has been a significant demand for acid orange from the textile industry, food and beverages, pharmaceuticals, chemicals, and consumer goods.
- Stringent Regulations and Policies Related To Usage of Dyes
- Incompatibility Of Reacting With Strong Oxidizing Agents
Growing Demand from Chemical Industry Owing To the Increasing Importance Of Acid Orange As An Intermediate For Multiple Chemical Process and Growing Demand from Pharmaceuticals
Key highlights of the Global Acid Orange market Study:
CAGR of the market during the forecast period 2020-2026
In-depth information on growth factors that will accelerate the Acid Orange market in next few years.
Detailed Insights on futuristic trends and changing consumer behaviour
Forecast of the Global Acid Orange market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Acid Orange Vendors
Transformation and Important Trigegrs:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Acid Orange market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Acid Orange market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Acid Orange Manufacturers, Raw Material Suppliers, Potential Investors, End-Use Industry and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. Where the Acid Orange industry is heading?
Acid Orange Market is heading robustly to achieve new growth cycle.2. Is Acid Orange market is changing from growth to value?
The Concentration Rate of Global Acid Orange market is dominated by India Vendors to generate healthy valuation by 2026. 3. Who are the key players profiled in the Acid Orange Market?
Companies that are profiled in Global Acid Orange Market are Mitsubishi Chemical Corporation (Japan), Tokyo Chemical Industry Co. Ltd. (Japan), Merck KGaA (Germany), Vinayak Ingredients (India) Pvt. Ltd. (India), Shramik Chemicals (India), Krishna Dyestuff Company (India), Kanto Corporation (United States), Mayur Dye Chem (India), Asim Products (India) and Nitin Dye Chem Pvt. Ltd. (India) etc.