Market Overview:
The global pyromellitic acid market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for epoxy curing agents, adhesives and coating materials, engineering plastics, synthetic fibers, cross-linking agent for alkyd resin, plasticizers and pharmaceuticals. Pyromellitic acid is also used as an intermediate in organic synthesis. North America dominates the global pyromellitic acid market followed by Europe and Asia Pacific. However, Asia Pacific is expected to grow at a higher CAGR during the forecast period owing to rising demand from countries such as China and India.
Product Definition:
Pyromellitic acid is an organic compound with the formula C6H4(CO)2O2. It is a white solid that is soluble in water and polar solvents. Pyromellitic acid has a variety of uses, including as a precursor to other chemicals and as an intermediate in the manufacture of pharmaceuticals.
PurityAbove 95%:
Purity Above 95% (PA95%) is a type of pyromellitic acid. It has a purity level higher than 95%. PA95% is used in the production of polyacrylonitrile fibers, which are further utilized in various applications such as textile fibers and carpets.
PurityAbove 96%:
Purity Above 96% is a pyroligneous acid produced by the reaction of lignite with zinc. It contains more than 96% of content by weight of pyroligneous acid, which has many industrial applications. Purity above 96% can be used as a replacement for other chemicals that are derived from coal and petroleum; it can also be used in its own right to produce specialty products such as reagent grade purity and technicalgrade purity.
Application Insights:
Epoxy curing agent was the most dominant application of pyromellitic acid with a market share of over 30% in terms of volume as well as revenue in 2017. The product is used to cure epoxies and other polymers. Epoxy resins are utilized for several industrial purposes including flooring, coating, and construction applications. Increasing demand for such products in various industries on account of their durability coupled with excellent resistance to heat and chemicals is expected to be a major factor driving the global pyromellitic acid market over the forecast period.
The plasticizer segment held around 9% share of the overall revenue in 2017 owing to rising demand for high-performance polyolefin plastics from various end-use industries including automotive, medical devices, electrical & electronics among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for various applications of PMA from key industries such as automotive, construction, packaging and electrical & electronics. Moreover, rising disposable income coupled with growing population will drive the regional market further.
The Asia Pacific was followed by Europe in terms of volume share and is expected to grow at a moderate pace over the forecast period on account of stringent regulations regarding pollution control standards implemented by various regulatory bodies such as ECHA, EU etc. Also, high level of consumer awareness regarding environment protection along with rapid technological advancements are anticipated to fuel demand for pyromellitic acid in Europe during the same period.
Growth Factors:
- Increasing demand from end-use industries such as automotive, aerospace, and construction
- Growing use of pyromellitic acid in the manufacture of polyimides and other high-performance plastics
- Rising demand for flame retardants and insulation materials
- Technological advancements that have led to the development of new applications for pyromellitic acid
- Growing investments by leading players in research and development activities to develop new products
Scope Of The Report
Report Attributes
Report Details
Report Title
Pyromellitic Acid Market Research Report
By Type
PurityAbove 95%, PurityAbove 96%, Others
By Application
Epoxy Curing Agent, Adhesives And Coating Material, Engineering Plastic, Synthetic Fiber, Cross-Linking Agent For Alkyd Resin, Plasticizer, Pharmaceutical And Other Organic Compound
By Companies
Acros Organics, KHBoddin, Addexbio, Alfa Aesar, AK Scientific, Chengdu Yuanda Chemical, Capot Chemical, Henan DaKen Chemical, Henan Tianfu Chemical
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
203
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Pyromellitic Acid Market Report Segments:
The global Pyromellitic Acid market is segmented on the basis of:
Types
PurityAbove 95%, PurityAbove 96%, Others
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
Epoxy Curing Agent, Adhesives And Coating Material, Engineering Plastic, Synthetic Fiber, Cross-Linking Agent For Alkyd Resin, Plasticizer, Pharmaceutical And Other Organic Compound
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:
- Acros Organics
- KHBoddin
- Addexbio
- Alfa Aesar
- AK Scientific
- Chengdu Yuanda Chemical
- Capot Chemical
- Henan DaKen Chemical
- Henan Tianfu Chemical
Highlights of The Pyromellitic 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:
- PurityAbove 95%
- PurityAbove 96%
- Others
- By Application:
- Epoxy Curing Agent
- Adhesives And Coating Material
- Engineering Plastic
- Synthetic Fiber
- Cross-Linking Agent For Alkyd Resin
- Plasticizer
- Pharmaceutical And Other Organic Compound
- 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 Pyromellitic 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?
Pyromellitic acid is a type of organic compound that is used in the manufacture of fireworks.
Some of the major companies in the pyromellitic acid market are Acros Organics, KHBoddin, Addexbio, Alfa Aesar, AK Scientific, Chengdu Yuanda Chemical, Capot Chemical, Henan DaKen Chemical, Henan Tianfu Chemical.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pyromellitic 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 Pyromellitic Acid Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pyromellitic 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 Pyromellitic 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 Pyromellitic Acid Market Size & Forecast, 2018-2028
4.5.1 Pyromellitic Acid Market Size and Y-o-Y Growth
4.5.2 Pyromellitic Acid Market Absolute $ Opportunity
Chapter 5 Global Pyromellitic 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 Pyromellitic Acid Market Size Forecast by Type
5.2.1 PurityAbove 95%
5.2.2 PurityAbove 96%
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Pyromellitic 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 Pyromellitic Acid Market Size Forecast by Applications
6.2.1 Epoxy Curing Agent
6.2.2 Adhesives And Coating Material
6.2.3 Engineering Plastic
6.2.4 Synthetic Fiber
6.2.5 Cross-Linking Agent For Alkyd Resin
6.2.6 Plasticizer
6.2.7 Pharmaceutical And Other Organic Compound
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pyromellitic 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 Pyromellitic 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 Pyromellitic Acid Analysis and Forecast
9.1 Introduction
9.2 North America Pyromellitic 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 Pyromellitic Acid Market Size Forecast by Type
9.6.1 PurityAbove 95%
9.6.2 PurityAbove 96%
9.6.3 Others
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 Pyromellitic Acid Market Size Forecast by Applications
9.10.1 Epoxy Curing Agent
9.10.2 Adhesives And Coating Material
9.10.3 Engineering Plastic
9.10.4 Synthetic Fiber
9.10.5 Cross-Linking Agent For Alkyd Resin
9.10.6 Plasticizer
9.10.7 Pharmaceutical And Other Organic Compound
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 Pyromellitic Acid Analysis and Forecast
10.1 Introduction
10.2 Europe Pyromellitic 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 Pyromellitic Acid Market Size Forecast by Type
10.6.1 PurityAbove 95%
10.6.2 PurityAbove 96%
10.6.3 Others
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 Pyromellitic Acid Market Size Forecast by Applications
10.10.1 Epoxy Curing Agent
10.10.2 Adhesives And Coating Material
10.10.3 Engineering Plastic
10.10.4 Synthetic Fiber
10.10.5 Cross-Linking Agent For Alkyd Resin
10.10.6 Plasticizer
10.10.7 Pharmaceutical And Other Organic Compound
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 Pyromellitic Acid Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Pyromellitic 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 Pyromellitic Acid Market Size Forecast by Type
11.6.1 PurityAbove 95%
11.6.2 PurityAbove 96%
11.6.3 Others
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 Pyromellitic Acid Market Size Forecast by Applications
11.10.1 Epoxy Curing Agent
11.10.2 Adhesives And Coating Material
11.10.3 Engineering Plastic
11.10.4 Synthetic Fiber
11.10.5 Cross-Linking Agent For Alkyd Resin
11.10.6 Plasticizer
11.10.7 Pharmaceutical And Other Organic Compound
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 Pyromellitic Acid Analysis and Forecast
12.1 Introduction
12.2 Latin America Pyromellitic 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 Pyromellitic Acid Market Size Forecast by Type
12.6.1 PurityAbove 95%
12.6.2 PurityAbove 96%
12.6.3 Others
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 Pyromellitic Acid Market Size Forecast by Applications
12.10.1 Epoxy Curing Agent
12.10.2 Adhesives And Coating Material
12.10.3 Engineering Plastic
12.10.4 Synthetic Fiber
12.10.5 Cross-Linking Agent For Alkyd Resin
12.10.6 Plasticizer
12.10.7 Pharmaceutical And Other Organic Compound
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) Pyromellitic Acid Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Pyromellitic 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) Pyromellitic Acid Market Size Forecast by Type
13.6.1 PurityAbove 95%
13.6.2 PurityAbove 96%
13.6.3 Others
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) Pyromellitic Acid Market Size Forecast by Applications
13.10.1 Epoxy Curing Agent
13.10.2 Adhesives And Coating Material
13.10.3 Engineering Plastic
13.10.4 Synthetic Fiber
13.10.5 Cross-Linking Agent For Alkyd Resin
13.10.6 Plasticizer
13.10.7 Pharmaceutical And Other Organic Compound
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 Pyromellitic Acid Market: Competitive Dashboard
14.2 Global Pyromellitic Acid Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Acros Organics
14.3.2 KHBoddin
14.3.3 Addexbio
14.3.4 Alfa Aesar
14.3.5 AK Scientific
14.3.6 Chengdu Yuanda Chemical
14.3.7 Capot Chemical
14.3.8 Henan DaKen Chemical
14.3.9 Henan Tianfu Chemical
