Market Overview:
The global indole-3-acetic acid (IAA) market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for plant hormones and pharmaceutical intermediates. IAA is used as a plant hormone in agriculture and horticulture, owing to its ability to improve crop yield and quality. It is also used as an intermediate in the manufacture of pharmaceuticals such as antibiotics, antihistamines, and antidepressants. North America dominates the global indole-3-acetic acid (IAA) market, followed by Europe and Asia Pacific.
 Industry Outlook.svg)
Product Definition:
IAA is a plant hormone that regulates many important processes, such as stem elongation, root growth, and fruit development. IAA is also responsible for the synthesis of other plant hormones, including gibberellins and auxins.
98.0%-99.0% Type:
98.0%-99.0% type is a new segment in the Indole-3-acetic acid (IAA) market and it's expected to grow at a high CAGR during the forecast period of 2019 - 2025. The growth factor for this segment is attributed to increasing demand from endo surgery, neurology, and gynecology segments due to higher bioavailability as compared to other forms of IAA such as 99% or 95%.
Greater than or equal to99.0 Type:
The Greater than or equal to99.0 (Gt99) type is a new organic compound and has been Discovered in the year 2016 by a team of researchers from the University of Georgia, U.S. The Gt99 type has an molecular weight greater than 99.8%.
Application Insights:
Plant hormones were the major application segment and accounted for over 50.0% of global market volume in 2017. The product is widely used to manufacture plant hormones, which are subsequently used in a variety of applications including fertilizers and pesticides. Moreover, it has a wide range of other applications such as pharmaceutical intermediates and cosmetics ingredients among others.
IAA derivatives have found wide application scope as intermediate chemicals for the production of agrochemicals & crop protection products such as fertilizers, pesticides and herbicides that are utilized across various industries globally including agriculture & food processing, textiles and paper among others. The aforementioned factors are anticipated to propel the demand over the forecast period thereby driving industry growth during the study period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth of this region can be attributed to increasing demand for IAA from various application industries in countries, such as China and India. In addition, favorable government policies regarding research & development activities are anticipated to drive regional market growth during the forecast period.
The Asia Pacific was followed by Europe that accounted for a revenue share of 22% in 2017 owing to high R&D investments by companies operating within this region coupled with greater adoption of new technologies across European countries. Moreover, presence of key pharmaceutical and biotechnology firms engaged in drug discovery processes is likely to support regional market growth over the coming years.
North America held a significant share due its large production base mainly located in U S A.
Growth Factors:
- Increasing demand for organic fruits and vegetables: IAA is a naturally occurring plant hormone that helps regulate plant growth and development. It is used as a foliar spray to improve the quality of organically grown produce.
- Growing popularity of precision agriculture: IAA can be used in conjunction with other precision ag technologies to help farmers optimize their crop production. By using data from sensors mounted on tractors or drones, farmers can make more precise applications of IAA, which leads to better yields and reduced inputs costs.
- Rising demand for biofuels: IAA is an important ingredient in the production of biofuels such as ethanol and biodiesel. As the world moves away from fossil fuels, there will be increasing demand for alternative fuels made from renewable resources like plants.
Scope Of The Report
Report Attributes
Report Details
Report Title
Indole-3-acetic Acid (IAA) Market Research Report
By Type
98.0%-99.0% Type, Greater than or equal to99.0 Type, Other Type (95.0%-98.0%)
By Application
Plant Hormones, Pharmaceutical Intermediates, Other
By Companies
Interchem Technologies, Lianyuangang Zhiren, Yinong, Huibang, China Biochemical Agriculture, Xinghua Mingwei Chemical, Xinghua Dingli Chemical, AG (Shanghai) Agriculture Technology, Zhengzhou Ambition, Jintan Liaoyuan 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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Indole-3-acetic Acid (IAA) Market Report Segments:
The global Indole-3-acetic Acid (IAA) market is segmented on the basis of:
Types
98.0%-99.0% Type, Greater than or equal to99.0 Type, Other Type (95.0%-98.0%)
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
Plant Hormones, Pharmaceutical Intermediates, 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:
- Interchem Technologies
- Lianyuangang Zhiren
- Yinong
- Huibang
- China Biochemical Agriculture
- Xinghua Mingwei Chemical
- Xinghua Dingli Chemical
- AG (Shanghai) Agriculture Technology
- Zhengzhou Ambition
- Jintan Liaoyuan Chemical
 Market Overview.svg)
Highlights of The Indole-3-acetic Acid (IAA) 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:
- 98.0%-99.0% Type
- Greater than or equal to99.0 Type
- Other Type (95.0%-98.0%)
- By Application:
- Plant Hormones
- Pharmaceutical Intermediates
- 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 Indole-3-acetic Acid (IAA) 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
 Market Statistics.svg)
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?
IAA is an organic compound that is found in many plants and foods. It is a natural component of human urine and can be used to diagnose urinary tract infections (UTIs).
Some of the major companies in the indole-3-acetic acid (iaa) market are Interchem Technologies, Lianyuangang Zhiren, Yinong, Huibang, China Biochemical Agriculture, Xinghua Mingwei Chemical, Xinghua Dingli Chemical, AG (Shanghai) Agriculture Technology, Zhengzhou Ambition, Jintan Liaoyuan Chemical.
The indole-3-acetic acid (iaa) market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Indole-3-acetic Acid (IAA) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Indole-3-acetic Acid (IAA) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Indole-3-acetic Acid (IAA) Market - Supply Chain
4.5. Global Indole-3-acetic Acid (IAA) Market Forecast
4.5.1. Indole-3-acetic Acid (IAA) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Indole-3-acetic Acid (IAA) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Indole-3-acetic Acid (IAA) Market Absolute $ Opportunity
5. Global Indole-3-acetic Acid (IAA) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Indole-3-acetic Acid (IAA) Market Size and Volume Forecast by Type
5.3.1. 98.0%-99.0% Type
5.3.2. Greater than or equal to99.0 Type
5.3.3. Other Type (95.0%-98.0%)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Indole-3-acetic Acid (IAA) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Indole-3-acetic Acid (IAA) Market Size and Volume Forecast by Application
6.3.1. Plant Hormones
6.3.2. Pharmaceutical Intermediates
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Indole-3-acetic Acid (IAA) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Indole-3-acetic Acid (IAA) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Indole-3-acetic Acid (IAA) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Indole-3-acetic Acid (IAA) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Indole-3-acetic Acid (IAA) Demand Share Forecast, 2019-2026
9. North America Indole-3-acetic Acid (IAA) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Indole-3-acetic Acid (IAA) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Indole-3-acetic Acid (IAA) Market Size and Volume Forecast by Application
9.4.1. Plant Hormones
9.4.2. Pharmaceutical Intermediates
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Indole-3-acetic Acid (IAA) Market Size and Volume Forecast by Type
9.7.1. 98.0%-99.0% Type
9.7.2. Greater than or equal to99.0 Type
9.7.3. Other Type (95.0%-98.0%)
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Indole-3-acetic Acid (IAA) Demand Share Forecast, 2019-2026
10. Latin America Indole-3-acetic Acid (IAA) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Indole-3-acetic Acid (IAA) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Indole-3-acetic Acid (IAA) Market Size and Volume Forecast by Application
10.4.1. Plant Hormones
10.4.2. Pharmaceutical Intermediates
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Indole-3-acetic Acid (IAA) Market Size and Volume Forecast by Type
10.7.1. 98.0%-99.0% Type
10.7.2. Greater than or equal to99.0 Type
10.7.3. Other Type (95.0%-98.0%)
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Indole-3-acetic Acid (IAA) Demand Share Forecast, 2019-2026
11. Europe Indole-3-acetic Acid (IAA) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Indole-3-acetic Acid (IAA) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Indole-3-acetic Acid (IAA) Market Size and Volume Forecast by Application
11.4.1. Plant Hormones
11.4.2. Pharmaceutical Intermediates
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Indole-3-acetic Acid (IAA) Market Size and Volume Forecast by Type
11.7.1. 98.0%-99.0% Type
11.7.2. Greater than or equal to99.0 Type
11.7.3. Other Type (95.0%-98.0%)
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Indole-3-acetic Acid (IAA) Demand Share, 2019-2026
12. Asia Pacific Indole-3-acetic Acid (IAA) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Indole-3-acetic Acid (IAA) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Indole-3-acetic Acid (IAA) Market Size and Volume Forecast by Application
12.4.1. Plant Hormones
12.4.2. Pharmaceutical Intermediates
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Indole-3-acetic Acid (IAA) Market Size and Volume Forecast by Type
12.7.1. 98.0%-99.0% Type
12.7.2. Greater than or equal to99.0 Type
12.7.3. Other Type (95.0%-98.0%)
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Indole-3-acetic Acid (IAA) Demand Share, 2019-2026
13. Middle East & Africa Indole-3-acetic Acid (IAA) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Indole-3-acetic Acid (IAA) Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Indole-3-acetic Acid (IAA) Market Size and Volume Forecast by Application
13.4.1. Plant Hormones
13.4.2. Pharmaceutical Intermediates
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Indole-3-acetic Acid (IAA) Market Size and Volume Forecast by Type
13.7.1. 98.0%-99.0% Type
13.7.2. Greater than or equal to99.0 Type
13.7.3. Other Type (95.0%-98.0%)
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Indole-3-acetic Acid (IAA) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Indole-3-acetic Acid (IAA) Market: Market Share Analysis
14.2. Indole-3-acetic Acid (IAA) Distributors and Customers
14.3. Indole-3-acetic Acid (IAA) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Interchem Technologies
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Lianyuangang Zhiren
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Yinong
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Huibang
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. China Biochemical Agriculture
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Xinghua Mingwei Chemical
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Xinghua Dingli Chemical
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. AG (Shanghai) Agriculture Technology
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Zhengzhou Ambition
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Jintan Liaoyuan Chemical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
