Market Overview:
The global bromopropionic acid market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for pesticides and pharmaceuticals. Bromopropionic acid is used as an intermediate in the production of pesticides and pharmaceuticals. It is also used as a flavoring agent, plasticizer, and corrosion inhibitor. North America dominates the global bromopropionic acid market due to the presence of key players in this region.
Product Definition:
Bromopropionic acid is an organic compound with the formula CH3CHBrCOOH. It is a colorless liquid that is soluble in water, ethanol, and ether. It freezes at -24 °C.
2-Bromopropionic Acid:
2-bromopropionic acid is a halogenated derivative of propionic acid. It has a molecular weight of 308 and its salts are called bromopropionates. Brominated derivatives have gained wide acceptance as flame retardants owing to their ability to reduce the flammability of organic compounds, thus making them suitable for industrial applications such as textiles, plastics, coatings & paints and cleaning products among others.
3-Bromopropionic Acid:
3-Bromopropionic acid also known as 3-BrPA is a organic compound that is soluble in water and EtOH. It has a slight odor of bromine and tastes slightly sweet. This acid can be made by the reaction between propionic acid and bromine in the presence of calcium carbonate or sodium carbonate as catalyst. The yield from this reaction is very low, around 15% to 20%.
Application Insights:
The other application segment includes pharmaceutical, which accounted for the largest share of over 50.0% in 2017. Bromopropionic acid is used as a raw material in the manufacture of several drugs including succinylcholine chloride and erythromycin base. The increasing use of bromopropionic acid derivatives as antifungal, antibiotic, and antiviral agents is expected to drive demand over the forecast period.
Pesticide was the second largest application segment accounting for 39% share in terms of volume in 2017 due to extensive usage as an active ingredient for manufacturing crop protection products such as herbicides and insecticides among others globally.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 60% in 2017. The region is expected to witness significant growth due to rising product demand from various end-use industries, such as agrochemicals and pharmaceuticals. China and India are among the largest producers of bromopropionic acid based pesticides owing to easy availability of raw materials coupled with low manufacturing cost. Moreover, increasing foreign investments coupled with favorable government regulations are anticipated to drive regional market growth over the forecast period.
Europe accounted for more than 20% share in 2017 owing to high demand from countries like Germany, France and U.K.
Growth Factors:
- Increasing demand from end-use industries such as textiles, paints and coatings, adhesives and sealants, and plastics
- Rising awareness about the benefits of Bromopropionic Acid among consumers
- Growing investments by leading players in research and development to develop new applications for Bromopropionic Acid
- Expansion of distribution networks by key players to reach a wider customer base
- Emergence of new applications for Bromopropionic Acid in various end-use industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Bromopropionic Acid Market Research Report
By Type
2-Bromopropionic Acid, 3-Bromopropionic Acid, 4-Bromopropionic Acid
By Application
Pesticide, Pharmaceutical, Other
By Companies
BASF, DowDuPont, Eastman, Perstorp, Macco Organiques, ADDCON, A.M Food Chemical, BIOMIN Holding, Daicel, Hawkins, BASF, Krishna Chemicals, Niacet, OXEA, Penta Manufacturing
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
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Bromopropionic Acid Market Report Segments:
The global Bromopropionic Acid market is segmented on the basis of:
Types
2-Bromopropionic Acid, 3-Bromopropionic Acid, 4-Bromopropionic Acid
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
Pesticide, Pharmaceutical, 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:
- BASF
- DowDuPont
- Eastman
- Perstorp
- Macco Organiques
- ADDCON
- A.M Food Chemical
- BIOMIN Holding
- Daicel
- Hawkins
- BASF
- Krishna Chemicals
- Niacet
- OXEA
- Penta Manufacturing
Highlights of The Bromopropionic 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:
- 2-Bromopropionic Acid
- 3-Bromopropionic Acid
- 4-Bromopropionic Acid
- By Application:
- Pesticide
- Pharmaceutical
- 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 Bromopropionic 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?
Bromopropionic acid is a synthetic organic compound with the formula CBr3O2. It is a colorless liquid that is soluble in water and most other organic solvents. Bromopropionic acid has been used as an intermediate in the production of various pharmaceuticals and pesticides.
Some of the major players in the bromopropionic acid market are BASF, DowDuPont, Eastman, Perstorp, Macco Organiques, ADDCON, A.M Food Chemical, BIOMIN Holding, Daicel, Hawkins, BASF, Krishna Chemicals, Niacet, OXEA, Penta Manufacturing.
The bromopropionic acid market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bromopropionic 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 Bromopropionic Acid Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bromopropionic 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 Bromopropionic 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 Bromopropionic Acid Market Size & Forecast, 2020-2028
4.5.1 Bromopropionic Acid Market Size and Y-o-Y Growth
4.5.2 Bromopropionic Acid 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 2-Bromopropionic Acid
5.2.2 3-Bromopropionic Acid
5.2.3 4-Bromopropionic Acid
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 Pesticide
6.2.2 Pharmaceutical
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bromopropionic 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 Bromopropionic 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 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 2-Bromopropionic Acid
9.6.2 3-Bromopropionic Acid
9.6.3 4-Bromopropionic Acid
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 Pesticide
9.10.2 Pharmaceutical
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 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 2-Bromopropionic Acid
10.6.2 3-Bromopropionic Acid
10.6.3 4-Bromopropionic Acid
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 Pesticide
10.10.2 Pharmaceutical
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 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 2-Bromopropionic Acid
11.6.2 3-Bromopropionic Acid
11.6.3 4-Bromopropionic Acid
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 Pesticide
11.10.2 Pharmaceutical
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 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 2-Bromopropionic Acid
12.6.2 3-Bromopropionic Acid
12.6.3 4-Bromopropionic Acid
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 Pesticide
12.10.2 Pharmaceutical
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) 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 2-Bromopropionic Acid
13.6.2 3-Bromopropionic Acid
13.6.3 4-Bromopropionic Acid
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 Pesticide
13.10.2 Pharmaceutical
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 Bromopropionic Acid Market: Competitive Dashboard
14.2 Global Bromopropionic Acid Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 DowDuPont
14.3.3 Eastman
14.3.4 Perstorp
14.3.5 Macco Organiques
14.3.6 ADDCON
14.3.7 A.M Food Chemical
14.3.8 BIOMIN Holding
14.3.9 Daicel
14.3.10 Hawkins
14.3.11 BASF
14.3.12 Krishna Chemicals
14.3.13 Niacet
14.3.14 OXEA
14.3.15 Penta Manufacturing
