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Phenylacetic acid (abr. PAA and synonyms are: a-toluic acid, benzeneacetic acid, alpha tolylic acid, 2-phenylacetic acid, ß-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.
Scope of the Report:
Phenylacetic acid has a high concentration. The top three companies account for more than 78.86 % of market share. Hebei Chengxin, Hebei Zehao Biotechnology and TUL are the tycoons of phenylacetic acid. Hebei Chengxin is the largest manufacturer, with the market share of 38.30% in 2015.
In terms of application, phenylacetic acid can be applied in penicillin industry, flavor and fragrance industry, pesticide industry and other. Penicillin industry accounted for the largest market with about 82.60% of the global consumption for phenylacetic acid in 2015.
The worldwide market for Phenylacetic Acid is expected to grow at a CAGR of roughly -1.9% over the next five years, will reach 70 million US$ in 2024, from 79 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Phenylacetic Acid in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- Hebei Chengxin
- Hebei Zehao Biotechnology
- White Deer
- TUL
- Alembic
- Gow Chemical
- Jinguan Chemical
- SPI
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Pharmaceutical Grade PAA
- Chemical Grade PAA
Market Segment by Applications, can be divided into
- Penicillin
- Flavor and Fragrance
- Pesticide
- Others
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Phenylacetic Acid product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Phenylacetic Acid, with price, sales, revenue and global market share of Phenylacetic Acid in 2017 and 2018.
Chapter 3, the Phenylacetic Acid competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Phenylacetic Acid breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Phenylacetic Acid market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Phenylacetic Acid sales channel, distributors, customers, research findings and conclusion, appendix and data source.