Market Overview:
The global p-anisic acid 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 p-anisic acid in cosmetic and skin care products. Additionally, rising awareness about the benefits of using p-anisic acid is also contributing to the growth of this market. Purity≥98% accounted for a major share of the global p-anisic acid market in 2017 and is expected to maintain its dominance during the forecast period as well.
Product Definition:
P-Anisic acid is an organic compound with the chemical formula C8H10O2. It is a colorless solid that is soluble in water, ethanol, and ether.
It has a spicy odor reminiscent of anise seed and is used as a flavoring agent. P-Anisic acid also has antifungal and antibacterial properties and can be used as a preservative in food products.
Purity≥98%:
Purity 98% is a special type of anhydrous ammonia that contains no water at all. It's purity and strength make it the best choice for producing P-Anisic Acid, also known as Anisole or Natrile. This chemical is used in various applications such as food & beverages, pharmaceuticals, rubber chemicals and others.
Purity≥99%:
Purity 99% is a type of anhydrous pure acid that has no significant impurities. It's appearance is white and crystalline in nature. Purity 99% can be produced by evaporating the water from an organic compound with high boiling point such as p-Anisic Acid which stands for Pure Anisic Acid or 1-Anythine Oxide, 2-Anythine Oxide, 3-Anythine Trioxide etc.
Application Insights:
The other application segment accounted for the largest revenue share of over 50% in 2017. The product is widely used as a preservative in cosmetics, such as skin care and hair care products. It is also used to prevent odor and taste change in various food & beverage applications. Increasing demand for p-anisic acid from cosmetic manufacturers across the globe is expected to drive growth over the forecast period.
Skin care products are one of the most popular end-use industries for PAHs due to their antioxidant properties that help reduce aging effects on skin caused due to free radical damage. In addition, they have excellent antimicrobial properties that help fight off infections caused by bacteria or fungi including athlete's foot fungal infection (tinea pedis), jock itch (tinea cruris) and ringworm (erythrasma).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to witness significant growth over the forecast period. The region’s rapid development can be attributed to increasing foreign investments coupled with favorable government policies. China, India, Japan, South Korea are some of the prominent markets that are anticipated to drive regional growth over the next eight years.
The presence of a large consumer base along with growing demand from end-use industries such as cosmetics and personal care products has resulted in high product penetration across countries such as China and India. Furthermore, rising awareness regarding skincare products owing to increased spending on health & wellness is projected to further fuel regional demand for p-anisic acid during the forecast period (2018 - 2030).
Growth Factors:
- Increasing demand for natural and organic personal care products
- Rising awareness about the benefits of p-anisic acid in various applications
- Growing popularity of aromatherapy and essential oils
- Technological advancements in extraction and purification processes
- Expansion of distribution channels into new markets
Scope Of The Report
Report Attributes
Report Details
Report Title
P-Anisic Acid Market Research Report
By Type
Purity≥98%, Purity≥99%, Other
By Application
Cosmetic, Skin Care Products, Hair Care Products, Other
By Companies
Shenyang Phytocare Ingredients, Cosphatec, Evident Ingredients, Merck KGaA, Clariant, Evonik, ExperChem
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
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global P-Anisic Acid Market Report Segments:
The global P-Anisic Acid market is segmented on the basis of:
Types
Purity≥98%, Purity≥99%, Other
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
Cosmetic, Skin Care Products, Hair Care Products, 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:
- Shenyang Phytocare Ingredients
- Cosphatec
- Evident Ingredients
- Merck KGaA
- Clariant
- Evonik
- ExperChem
Highlights of The P-Anisic 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%
- Purity≥99%
- Other
- By Application:
- Cosmetic
- Skin Care Products
- Hair Care Products
- 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 P-Anisic 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?
P-Anisic Acid is a chemical compound with the formula C6H5N3O2. It is a white solid that is soluble in water and most organic solvents. P-Anisic acid has been used as an intermediate in the production of other chemicals, including pharmaceuticals and explosives.
Some of the major players in the p-anisic acid market are Shenyang Phytocare Ingredients, Cosphatec, Evident Ingredients, Merck KGaA, Clariant, Evonik, ExperChem.
The p-anisic 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 P-Anisic 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 P-Anisic Acid Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 P-Anisic 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 P-Anisic 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 P-Anisic Acid Market Size & Forecast, 2018-2028
4.5.1 P-Anisic Acid Market Size and Y-o-Y Growth
4.5.2 P-Anisic Acid Market Absolute $ Opportunity
Chapter 5 Global P-Anisic 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 P-Anisic Acid Market Size Forecast by Type
5.2.1 Purity≥98%
5.2.2 Purity≥99%
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global P-Anisic 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 P-Anisic Acid Market Size Forecast by Applications
6.2.1 Cosmetic
6.2.2 Skin Care Products
6.2.3 Hair Care Products
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global P-Anisic 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 P-Anisic 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 P-Anisic Acid Analysis and Forecast
9.1 Introduction
9.2 North America P-Anisic 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 P-Anisic Acid Market Size Forecast by Type
9.6.1 Purity≥98%
9.6.2 Purity≥99%
9.6.3 Other
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 P-Anisic Acid Market Size Forecast by Applications
9.10.1 Cosmetic
9.10.2 Skin Care Products
9.10.3 Hair Care Products
9.10.4 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 P-Anisic Acid Analysis and Forecast
10.1 Introduction
10.2 Europe P-Anisic 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 P-Anisic Acid Market Size Forecast by Type
10.6.1 Purity≥98%
10.6.2 Purity≥99%
10.6.3 Other
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 P-Anisic Acid Market Size Forecast by Applications
10.10.1 Cosmetic
10.10.2 Skin Care Products
10.10.3 Hair Care Products
10.10.4 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 P-Anisic Acid Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific P-Anisic 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 P-Anisic Acid Market Size Forecast by Type
11.6.1 Purity≥98%
11.6.2 Purity≥99%
11.6.3 Other
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 P-Anisic Acid Market Size Forecast by Applications
11.10.1 Cosmetic
11.10.2 Skin Care Products
11.10.3 Hair Care Products
11.10.4 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 P-Anisic Acid Analysis and Forecast
12.1 Introduction
12.2 Latin America P-Anisic 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 P-Anisic Acid Market Size Forecast by Type
12.6.1 Purity≥98%
12.6.2 Purity≥99%
12.6.3 Other
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 P-Anisic Acid Market Size Forecast by Applications
12.10.1 Cosmetic
12.10.2 Skin Care Products
12.10.3 Hair Care Products
12.10.4 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) P-Anisic Acid Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) P-Anisic 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) P-Anisic Acid Market Size Forecast by Type
13.6.1 Purity≥98%
13.6.2 Purity≥99%
13.6.3 Other
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) P-Anisic Acid Market Size Forecast by Applications
13.10.1 Cosmetic
13.10.2 Skin Care Products
13.10.3 Hair Care Products
13.10.4 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 P-Anisic Acid Market: Competitive Dashboard
14.2 Global P-Anisic Acid Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Shenyang Phytocare Ingredients
14.3.2 Cosphatec
14.3.3 Evident Ingredients
14.3.4 Merck KGaA
14.3.5 Clariant
14.3.6 Evonik
14.3.7 ExperChem
