Scope of the Study
Phenylacetic acid is a monocarboxylic acid containing a phenyl functional group and a carboxylic acid functional group. It is a white solid with a disagreeable odor. It has a floral odor like geranium or rose and when diluted it can also be sweet-smelling like honey. It is found in some fruits, flowers, plants and others. It can be used to synthesize a variety of phenyl substituted compounds. It has various industrial uses such as penicillin production, perfume production and others.
The market study is being classified by Type (Pharmaceutical Grade and Chemical Grade), by Application (Penicillin, Flavor and Fragrance, Pesticide and Others) and major geographies with country level break-up.
Cayman Chemical Company (United States), Loba Chemie Pvt Ltd (India), Shanghai M & U International Trade Co., Ltd. (China), Hebei Chengxin Co. ltd (China) and Sigma-Aldrich (United States) are some of the key players profiled in the study.
Research Analyst at AMA predicts that Chinese and United States Vendors will contribute to the maximum growth of Global Phenylacetic Acid market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Phenylacetic Acid market by Type, Application and Region.
On the basis of geography, the market of Phenylacetic Acid has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- High Demand for the Production of Penicillin
- Rise in the Demand for Chemical and Perfume Production
- Growing Demand As a Flavoring Agent
- Direct Exposure to Phenylacetic Acid May Be Harmful
- Growing Chemical Industry Worldwide
- Increasing Demand Pharmaceutical Sector for the Production of Drugs Such As Camylofin, Phenacemide and Others
- Less Availability of the Phenylacetic Acid
Key Target AudiencePhenylacetic Acid Manufacturers, Research Professionals, Emerging Companies, Distributors, Government Body & Associations and End-user
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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