Market Overview:
The global 2-acetylpyridine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for 2-acetylpyridine from various applications such as chemical intermediate, food additives, and others. Additionally, the growing demand for 2-acetylpyridine from emerging countries is also contributing to the growth of this market. However, volatility in prices of raw materials may restrain the growth of this market during the forecast period.
Product Definition:
2-Acetylpyridine is an important intermediate in the synthesis of heterocyclic compounds. It has also been used as a flavoring agent.
Purity>99%:
2-Acetylpyridine, also known as acpyrrole or 2-AP, is an organic compound and a pyrrolizine derivative. It has a colorless crystalline appearance and is usually found in nature in the form of birch bark. The compound has a strong odor similar to that of turpentine (a product obtained from pine trees). Its taste is slightly sweet like sugarcane juice.
Purity
2-Acetylpyridine, also known as acpip or 2-AP, is an organic compound and a pyrrolizine derivative. It has a molecular weight of 132.4 and boiling point of 208 °C (decompose at -78 °C). It is a crystalline solid that dissolves in water with the formation of two complementary hydroxyl groups.
Application Insights:
The chemical intermediate application segment dominated the global 2-acetylpyridine market in terms of revenue share in 2017. The growth of this segment is attributed to the increasing demand for acetic acid and other derivatives such as methyl acetate, ethyl acetate and propionaldehyde from various industries such as pharmaceuticals, paints and coatings, aromatics, etc. among others.
2-Acetylpyridine is used worldwide as a food additive or preservative agent due to its antibacterial property that helps prevent bacterial growth including bacteria that cause diarrhea & urinary tract infections (UTIs). It acts by destroying their cell membranes which results in death of the bacteria. In addition, it also has some antioxidant properties which help prevent chronic diseases caused due to free radicals created during cooking processes such as cancer prevention and cardiovascular diseases among others.
Regional Analysis:
Asia Pacific was the largest market for 2-acetylpyridine, accounting for a share of more than 45% in 2017. The region is expected to witness significant growth over the forecast period owing to rising product demand from various end-use industries including agrochemicals and pharmaceuticals. In addition, increasing foreign investments coupled with favorable government policies are anticipated to boost regional market growth over the forecast period.
The presence of key manufacturers in countries such as China and India has resulted in high production volumes that have driven down manufacturing costs across these regions. Furthermore, growing consumer awareness regarding nutritional dietary supplements along with an increase in health consciousness is projected to fuel product demand further driving industry expansion opportunities for 2-ACP derivatives across this region during the forecast period.
Growth Factors:
- Increasing demand for 2-acetylpyridine in various end-use industries such as agrochemicals, pharmaceuticals, and flavors & fragrances.
- Growing research and development activities for the use of 2-acetylpyridine in new applications.
- Rising production capacities of key manufacturers operating in the global 2-acetylpyridine market.
- Increasing investments by players to expand their production capacities and product offerings.
Scope Of The Report
Report Attributes
Report Details
Report Title
2-Acetylpyridine Market Research Report
By Type
Purity>99%, Purity <99%
By Application
Chemical Intermediate, Food Additives, Others
By Companies
Aaron Chemistry, Connect Chemicals, PARAGOS, Service Chemical, Pure Chemistry Scientific, TCI AMERICA, HBC Chem, Fujifilm, Kanto, KOEI Chem, NACALAI
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
211
Number of Tables & Figures
148
Customization Available
Yes, the report can be customized as per your need.
Global 2-Acetylpyridine Market Report Segments:
The global 2-Acetylpyridine market is segmented on the basis of:
Types
Purity>99%, Purity <99%
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
Chemical Intermediate, Food Additives, 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:
- Aaron Chemistry
- Connect Chemicals
- PARAGOS
- Service Chemical
- Pure Chemistry Scientific
- TCI AMERICA
- HBC Chem
- Fujifilm
- Kanto
- KOEI Chem
- NACALAI
Highlights of The 2-Acetylpyridine 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>99%
- Purity <99%
- By Application:
- Chemical Intermediate
- Food Additives
- 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 2-Acetylpyridine 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?
2-Acetylpyridine is a chemical compound with the formula C3H5N. It is an organic compound with a pyridine ring and three acetyl groups attached to it.
Some of the major companies in the 2-acetylpyridine market are Aaron Chemistry, Connect Chemicals, PARAGOS, Service Chemical, Pure Chemistry Scientific, TCI AMERICA, HBC Chem, Fujifilm, Kanto, KOEI Chem, NACALAI.
The 2-acetylpyridine market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 2-Acetylpyridine Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 2-Acetylpyridine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 2-Acetylpyridine Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the 2-Acetylpyridine Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global 2-Acetylpyridine Market Size & Forecast, 2020-2028
4.5.1 2-Acetylpyridine Market Size and Y-o-Y Growth
4.5.2 2-Acetylpyridine Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Purity>99%
5.2.2 Purity <99%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Chemical Intermediate
6.2.2 Food Additives
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 2-Acetylpyridine Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 2-Acetylpyridine Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Purity>99%
9.6.2 Purity <99%
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Chemical Intermediate
9.10.2 Food Additives
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Purity>99%
10.6.2 Purity <99%
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Chemical Intermediate
10.10.2 Food Additives
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Purity>99%
11.6.2 Purity <99%
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Chemical Intermediate
11.10.2 Food Additives
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Purity>99%
12.6.2 Purity <99%
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Chemical Intermediate
12.10.2 Food Additives
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Purity>99%
13.6.2 Purity <99%
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Chemical Intermediate
13.10.2 Food Additives
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 2-Acetylpyridine Market: Competitive Dashboard
14.2 Global 2-Acetylpyridine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aaron Chemistry
14.3.2 Connect Chemicals
14.3.3 PARAGOS
14.3.4 Service Chemical
14.3.5 Pure Chemistry Scientific
14.3.6 TCI AMERICA
14.3.7 HBC Chem
14.3.8 Fujifilm
14.3.9 Kanto
14.3.10 KOEI Chem
14.3.11 NACALAI
