Market Overview:
The global ethyl ascorbic acid market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for ethyl ascorbic acid in various applications such as pharmaceuticals, dyeing, cosmetics, and chemical industries. In addition, the growing awareness about the benefits of using ethyl ascorbic acid is also contributing to the growth of this market. However, factors such as stringent regulatory norms and high manufacturing costs are restraining the growth of this market.
Product Definition:
Ethyl Ascorbic Acid is a derivative of Vitamin C that has been found to be more effective in protecting cells from UV radiation than regular Vitamin C. It is also more stable, meaning it lasts longer and doesn't degrade as quickly in the presence of light and air. Ethyl Ascorbic Acid is used in skin care products to protect against sun damage and premature aging.
Purity
Ascorbic acid is a vitamin C derivative and an antioxidant. Vitamin C is widely used in the cosmetics industry as it acts as an anti-oxidant, improves skin health, enhances skin properties such as firmness and elasticity. Ascorbic acid has been increasingly used in pharmaceuticals owing to its ability to reduce cancer cell proliferation & inhibit angiogenesis which further reduces the risk of cardiovascular diseases.
98.5%
Ascorbic acid is a vitamin C derivative and an antioxidant used in food & beverages, pharmaceuticals, cosmetics, and dietary supplements. Vitamin C is widely known for its ability to reduce the risk of cardiovascular diseases by strengthening the immune system. However, ascorbic acid has more than one way of protecting cells from damage; it also helps repair DNA and strengthen connective tissues.
Application Insights:
The chemical is used in various applications including pharmaceutical industry, dyeing industry, cosmetic industry, and the chemical industry. In terms of revenue, the pharmaceutical application dominated the global ethyl ascorbic acid market with a share of 33.3% in 2017 owing to its wide scope of application in medicines and vitamins for human consumption. Moreover, it has excellent antioxidant properties which are likely to drive its demand from various end-use industries such as cosmetics over the forecast period.
Global EAA production witnessed an estimated worth USD 142 million in 2016.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and accounted for a share of over 40% owing to high demand from various end-use industries. The region is expected to witness significant growth due to rising consumer awareness regarding the benefits of natural products coupled with increasing disposable income.
The pharmaceutical industry in Asia Pacific is anticipated to register a healthy CAGR over the forecast period, which can be attributed mainly to rising investments by multinational companies such as Gilead Sciences, Inc., Johnson & Johnson Services India Ltd., and WOCKHARDT Co. Ltd. among others in R&D activities pertaining ethyl ascorbic acid based pharmaceuticals and cosmetics manufacturing processes across countries such as China, India, Japan, Malaysia etc.
Growth Factors:
- Increasing demand for ethyl ascorbic acid in food and beverage industry as a preservative
- Rising awareness about the benefits of ethyl ascorbic acid among consumers
- Growing use of ethyl ascorbic acid in personal care products
- Increasing research and development activities for new applications of ethyl ascorbic acid
- Expansion of global distribution network by key players
Scope Of The Report
Report Attributes
Report Details
Report Title
Ethyl Ascorbic Acid Market Research Report
By Type
Purity<98.5%, 98.5%
99.5% By Application
Pharmaceutical Industry, Dyeing Industry, Cosmetic Industry, Chemical Industry, Others
By Companies
Vantage Specialty Ingredients, Selco, BulkActives, MC Biotec, Greaf, Gonmisol, DSM Nutritional Products, Rhino Linings, Yantai Aurora Chemical, Parchem Fine & Specialty Chemicals, Nippon Fine Chemicals, Hubei Artec Biotechnology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Ethyl Ascorbic Acid Market Report Segments:
The global Ethyl Ascorbic Acid market is segmented on the basis of:
Types
Purity<98.5%, 98.5%
99.5% The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceutical Industry, Dyeing Industry, Cosmetic Industry, Chemical Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Vantage Specialty Ingredients
- Selco
- BulkActives
- MC Biotec
- Greaf
- Gonmisol
- DSM Nutritional Products
- Rhino Linings
- Yantai Aurora Chemical
- Parchem Fine & Specialty Chemicals
- Nippon Fine Chemicals
- Hubei Artec Biotechnology
Highlights of The Ethyl Ascorbic Acid Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Purity<98.5%
- 98.5%
- Purity>99.5%
- By Application:
- Pharmaceutical Industry
- Dyeing Industry
- Cosmetic Industry
- Chemical Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ethyl Ascorbic Acid Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ethyl ascorbic acid is a form of vitamin C that is derived from sugar cane. It has a slightly different chemical structure than other forms of vitamin C, which makes it more effective at fighting against oxidative damage.
Some of the major companies in the ethyl ascorbic acid market are Vantage Specialty Ingredients, Selco, BulkActives, MC Biotec, Greaf, Gonmisol, DSM Nutritional Products, Rhino Linings, Yantai Aurora Chemical, Parchem Fine & Specialty Chemicals, Nippon Fine Chemicals, Hubei Artec Biotechnology.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ethyl Ascorbic Acid Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Ethyl Ascorbic Acid Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ethyl Ascorbic Acid Market - Supply Chain
4.5. Global Ethyl Ascorbic Acid Market Forecast
4.5.1. Ethyl Ascorbic Acid Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ethyl Ascorbic Acid Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ethyl Ascorbic Acid Market Absolute $ Opportunity
5. Global Ethyl Ascorbic Acid Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Ethyl Ascorbic Acid Market Size and Volume Forecast by Type
5.3.1. Purity<98.5%
5.3.2. 98.5%
5.3.3. Purity>99.5%
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ethyl Ascorbic Acid Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Ethyl Ascorbic Acid Market Size and Volume Forecast by Application
6.3.1. Pharmaceutical Industry
6.3.2. Dyeing Industry
6.3.3. Cosmetic Industry
6.3.4. Chemical Industry
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ethyl Ascorbic Acid Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Ethyl Ascorbic Acid Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Ethyl Ascorbic Acid Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Ethyl Ascorbic Acid Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Ethyl Ascorbic Acid Demand Share Forecast, 2019-2026
9. North America Ethyl Ascorbic Acid Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Ethyl Ascorbic Acid Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Ethyl Ascorbic Acid Market Size and Volume Forecast by Application
9.4.1. Pharmaceutical Industry
9.4.2. Dyeing Industry
9.4.3. Cosmetic Industry
9.4.4. Chemical Industry
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Ethyl Ascorbic Acid Market Size and Volume Forecast by Type
9.7.1. Purity<98.5%
9.7.2. 98.5%
9.7.3. Purity>99.5%
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Ethyl Ascorbic Acid Demand Share Forecast, 2019-2026
10. Latin America Ethyl Ascorbic Acid Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Ethyl Ascorbic Acid Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Ethyl Ascorbic Acid Market Size and Volume Forecast by Application
10.4.1. Pharmaceutical Industry
10.4.2. Dyeing Industry
10.4.3. Cosmetic Industry
10.4.4. Chemical Industry
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Ethyl Ascorbic Acid Market Size and Volume Forecast by Type
10.7.1. Purity<98.5%
10.7.2. 98.5%
10.7.3. Purity>99.5%
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Ethyl Ascorbic Acid Demand Share Forecast, 2019-2026
11. Europe Ethyl Ascorbic Acid Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Ethyl Ascorbic Acid Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Ethyl Ascorbic Acid Market Size and Volume Forecast by Application
11.4.1. Pharmaceutical Industry
11.4.2. Dyeing Industry
11.4.3. Cosmetic Industry
11.4.4. Chemical Industry
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Ethyl Ascorbic Acid Market Size and Volume Forecast by Type
11.7.1. Purity<98.5%
11.7.2. 98.5%
11.7.3. Purity>99.5%
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Ethyl Ascorbic Acid Demand Share, 2019-2026
12. Asia Pacific Ethyl Ascorbic Acid Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Ethyl Ascorbic Acid Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Ethyl Ascorbic Acid Market Size and Volume Forecast by Application
12.4.1. Pharmaceutical Industry
12.4.2. Dyeing Industry
12.4.3. Cosmetic Industry
12.4.4. Chemical Industry
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Ethyl Ascorbic Acid Market Size and Volume Forecast by Type
12.7.1. Purity<98.5%
12.7.2. 98.5%
12.7.3. Purity>99.5%
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Ethyl Ascorbic Acid Demand Share, 2019-2026
13. Middle East & Africa Ethyl Ascorbic Acid Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Ethyl Ascorbic Acid Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Ethyl Ascorbic Acid Market Size and Volume Forecast by Application
13.4.1. Pharmaceutical Industry
13.4.2. Dyeing Industry
13.4.3. Cosmetic Industry
13.4.4. Chemical Industry
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Ethyl Ascorbic Acid Market Size and Volume Forecast by Type
13.7.1. Purity<98.5%
13.7.2. 98.5%
13.7.3. Purity>99.5%
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Ethyl Ascorbic Acid Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Ethyl Ascorbic Acid Market: Market Share Analysis
14.2. Ethyl Ascorbic Acid Distributors and Customers
14.3. Ethyl Ascorbic Acid Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Vantage Specialty Ingredients
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Selco
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BulkActives
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. MC Biotec
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Greaf
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Gonmisol
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. DSM Nutritional Products
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Rhino Linings
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Yantai Aurora Chemical
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Parchem Fine & Specialty Chemicals
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Nippon Fine Chemicals
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Hubei Artec Biotechnology
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook