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Abietic acid refers to a yellowish resinous powder, found in rosin from coniferous trees like pine, spruce, and fir. It has a natural occurrence.
LPI (LP Information)' newest research report, the "Abietic Acid Industry Forecast" looks at past sales and reviews total world Abietic Acid sales in 2022, providing a comprehensive analysis by region and market sector of projected Abietic Acid sales for 2023 through 2029. With Abietic Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Abietic Acid industry.
This Insight Report provides a comprehensive analysis of the global Abietic Acid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Abietic Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Abietic Acid market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Abietic Acid and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Abietic Acid.
The global Abietic Acid market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Abietic Acid is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Abietic Acid is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Abietic Acid is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Abietic Acid players cover Huateng Pharmaceuticals, Haihang Industry and Hubei Qifei, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Abietic Acid market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
- Purity Above 95%
- Purity Above 90%
- Others
Segmentation by application
- Industrial
- Pharmaceutical
- Others
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- Huateng Pharmaceuticals
- Haihang Industry
- Hubei Qifei
Key Questions Addressed in this Report
What is the 10-year outlook for the global Abietic Acid market?
What factors are driving Abietic Acid market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Abietic Acid market opportunities vary by end market size?
How does Abietic Acid break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?