Market Overview:
The global 3-fluorophenylacetic acid market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for 3-fluorophenylacetic acid in pharmaceutical intermediates, organic synthesis, and other applications. In terms of volume, the global 3-fluorophenylacetic acid market is projected to reach 1,811 kilotons by 2030. North America is expected to dominate the global 3-fluorophenylacetic acid market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
3-fluorophenylacetic acid is a carboxylic acid with the chemical formula C6H5FO2. It is a colorless solid that is soluble in water and polar organic solvents. 3-fluorophenylacetic acid has various applications in pharmaceuticals, agrochemicals, and dyes.
98% Purity:
98% Purity is a high-performance liquid, which has been designed for the synthesis of 3-fluorophenylacetic acid. It's an important intermediate in pharmaceutical and agrochemical industries. 98% Purity offers several benefits over its substitutes such as cost effectiveness, purity, and performance.
99% Purity:
99% purity is a high quality product and it has no substitute in the market. It is used as an intermediate for manufacturing 3-fluorophenylacetic acid which is widely used as an herbicide. 99% purity offers several benefits such as it can be utilized in multiple reactions, there are no other compounds that can be contaminated using this material, and the final yield of desired product will be more than expected based on pure compound.
Application Insights:
The global 3-fluorophenylacetic acid market is segmented on the basis of application into pharmaceutical intermediates, organic synthesis, and others. The other applications include research studies and industrial processing. The pharmaceutical intermediates application segment dominated the overall market in terms of revenue share in 2017 owing to extensive usage as a drug intermediate for the production of various drugs including Prozac, Paxil, Zoloft (sertraline), Cipramil (citalopram), Fluvoxa (luvoxamine), Paraxel (paroxetine) among others.
3-Fluorophenylalanic acid has been used extensively as an intermediate in organic chemical syntheses due to its ability to undergo multiple transformations including oxidation/ reduction with few functional groups such as chlorine or bromine followed by alkylation or acylation reactions which provide a wide range of flexibility for R & D chemists while designing new compounds within their scope.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to maintain its position throughout the forecast period. The region accounts for a major share of global production owing to cheap labor, land availability, and favorable geographical location. China emerged as a prominent producer and consumer in this region over the past few years. The country has been witnessing strong growth in pharmaceuticals industry due to rising geriatric population coupled with increasing healthcare expenditure by government & private sectors.
North America accounted for more than 20% of global 3-fluorophenylacetic Acid (FPAA) market share in 2017 on account of high R&D intensity towards organic synthesis across this region along with growing need for drug discovery activities that drive FPAA demand across U.S.
Growth Factors:
- Increasing demand for 3-fluorophenylacetic acid in various applications such as agrochemicals, pharmaceuticals, and others is expected to drive the market growth.
- Growing research and development activities for the use of 3-fluorophenylacetic acid in novel applications is projected to fuel the market growth over the forecast period.
- Rising awareness about benefits of 3-fluorophenylacetic acid is likely to boost its demand in various end-use industries over the next few years.
- Technological advancements in production processes are estimated to create new opportunities for this market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
3-fluorophenylacetic Acid Market Research Report
By Type
98% Purity, 99% Purity
By Application
Pharmaceutical Intermediates, Organic Synthesis, Other
By Companies
Zhejiang Xieshi New Materials, Zhejiang Yongtai Technology, Jinan Finer Chemical, Changzhou Yabang Pharmaceutical, Jiangsu Wanlong Chemical, Suzhou Jingye Medicine & Chemical, Zhejiang Xieshi New Materials
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
137
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global 3-fluorophenylacetic Acid Market Report Segments:
The global 3-fluorophenylacetic Acid market is segmented on the basis of:
Types
98% Purity, 99% Purity
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 Intermediates, Organic Synthesis, Other
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:
- Zhejiang Xieshi New Materials
- Zhejiang Yongtai Technology
- Jinan Finer Chemical
- Changzhou Yabang Pharmaceutical
- Jiangsu Wanlong Chemical
- Suzhou Jingye Medicine & Chemical
- Zhejiang Xieshi New Materials
Highlights of The 3-fluorophenylacetic 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:
- 98% Purity
- 99% Purity
- By Application:
- Pharmaceutical Intermediates
- Organic Synthesis
- Other
- 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 3-fluorophenylacetic 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?
3-fluorophenylacetic acid is a white solid with a sour odor. It is used in the manufacture of plastics and other materials.
Some of the major players in the 3-fluorophenylacetic acid market are Zhejiang Xieshi New Materials, Zhejiang Yongtai Technology, Jinan Finer Chemical, Changzhou Yabang Pharmaceutical, Jiangsu Wanlong Chemical, Suzhou Jingye Medicine & Chemical, Zhejiang Xieshi New Materials.
The 3-fluorophenylacetic acid 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 3-fluorophenylacetic Acid 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 3-fluorophenylacetic Acid Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 3-fluorophenylacetic Acid 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 3-fluorophenylacetic Acid 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 3-fluorophenylacetic Acid Market Size & Forecast, 2018-2028
4.5.1 3-fluorophenylacetic Acid Market Size and Y-o-Y Growth
4.5.2 3-fluorophenylacetic Acid Market Absolute $ Opportunity
Chapter 5 Global 3-fluorophenylacetic Acid 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 3-fluorophenylacetic Acid Market Size Forecast by Type
5.2.1 98% Purity
5.2.2 99% Purity
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 3-fluorophenylacetic Acid 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 3-fluorophenylacetic Acid Market Size Forecast by Applications
6.2.1 Pharmaceutical Intermediates
6.2.2 Organic Synthesis
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 3-fluorophenylacetic Acid 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 3-fluorophenylacetic Acid 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 3-fluorophenylacetic Acid Analysis and Forecast
9.1 Introduction
9.2 North America 3-fluorophenylacetic Acid 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 3-fluorophenylacetic Acid Market Size Forecast by Type
9.6.1 98% Purity
9.6.2 99% Purity
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 3-fluorophenylacetic Acid Market Size Forecast by Applications
9.10.1 Pharmaceutical Intermediates
9.10.2 Organic Synthesis
9.10.3 Other
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 3-fluorophenylacetic Acid Analysis and Forecast
10.1 Introduction
10.2 Europe 3-fluorophenylacetic Acid 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 3-fluorophenylacetic Acid Market Size Forecast by Type
10.6.1 98% Purity
10.6.2 99% Purity
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 3-fluorophenylacetic Acid Market Size Forecast by Applications
10.10.1 Pharmaceutical Intermediates
10.10.2 Organic Synthesis
10.10.3 Other
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 3-fluorophenylacetic Acid Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 3-fluorophenylacetic Acid 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 3-fluorophenylacetic Acid Market Size Forecast by Type
11.6.1 98% Purity
11.6.2 99% Purity
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 3-fluorophenylacetic Acid Market Size Forecast by Applications
11.10.1 Pharmaceutical Intermediates
11.10.2 Organic Synthesis
11.10.3 Other
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 3-fluorophenylacetic Acid Analysis and Forecast
12.1 Introduction
12.2 Latin America 3-fluorophenylacetic Acid 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 3-fluorophenylacetic Acid Market Size Forecast by Type
12.6.1 98% Purity
12.6.2 99% Purity
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 3-fluorophenylacetic Acid Market Size Forecast by Applications
12.10.1 Pharmaceutical Intermediates
12.10.2 Organic Synthesis
12.10.3 Other
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) 3-fluorophenylacetic Acid Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 3-fluorophenylacetic Acid 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) 3-fluorophenylacetic Acid Market Size Forecast by Type
13.6.1 98% Purity
13.6.2 99% Purity
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) 3-fluorophenylacetic Acid Market Size Forecast by Applications
13.10.1 Pharmaceutical Intermediates
13.10.2 Organic Synthesis
13.10.3 Other
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 3-fluorophenylacetic Acid Market: Competitive Dashboard
14.2 Global 3-fluorophenylacetic Acid Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Zhejiang Xieshi New Materials
14.3.2 Zhejiang Yongtai Technology
14.3.3 Jinan Finer Chemical
14.3.4 Changzhou Yabang Pharmaceutical
14.3.5 Jiangsu Wanlong Chemical
14.3.6 Suzhou Jingye Medicine & Chemical
14.3.7 Zhejiang Xieshi New Materials
