Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Pivalic Acid Market by Type (Pharmaceutical Grade, Agricultural Grade, Other), By Application (Medical Midbody, Chemical Midbody, Additives, Initiating Agent, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Pivalic Acid Market by Type (Pharmaceutical Grade, Agricultural Grade, Other), By Application (Medical Midbody, Chemical Midbody, Additives, Initiating Agent, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 141968 3300 Chemical & Material 377 246 Pages 4.9 (47)
                                          

Market Overview:


The global pivalic 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 pivalic acid in various applications such as medical midbody, chemical midbody, additives, initiating agent and others. Pivalic acid is also used as an intermediate for the production of various chemicals and pharmaceuticals. North America dominates the global pivalic acid market followed by Europe and Asia Pacific.


Global Pivalic Acid Industry Outlook


Product Definition:


Pivalic acid is a carboxylic acid with the formula CH3CO2H. It is the simplest alkyl ester of acetic acid. Pivalic acid is a colorless liquid that is soluble in organic solvents. It has a pungent odor and an acrid taste. Pivalic acid is used as a solvent, an intermediate in chemical synthesis, and as a plasticizer.


Pharmaceutical Grade:


Pharmaceutical grade is a term used for the quality of products manufactured in pharmaceutical industries. It is also known as fine or pure grade. Pivalic acid, which has been approved by the U.S Food and Drug Administration (FDA) for use in humans, can be produced using pharmaceutical-grade raw materials only.


Agricultural Grade:


Agricultural grade is used as a feedstock for the production of Pivalic Acid. It is also used in animal feed and food & beverage industry. The product finds application in fruits, vegetables, cereals & sugar crops cultivation. Increasing demand for food owing to growing population coupled with rising disposable income has resulted in increasing agricultural activities across the world which further supports market growth globally.


Pivalic acid can be produced from renewable resources such as corn cobs.


Application Insights:


The global pivalic acid market has been segmented on the basis of application into medical midbody, chemical midbody, additives and other applications. Medical body was estimated as the largest segment in 2017. It is projected to maintain its dominance over the forecast period owing to extensive usage as a pharmaceutical excipient. Pivalic acid is used for manufacturing tablets, capsules and powder forms of drugs which are subsequently sold under different brand names worldwide.


Pivalic acid also finds extensive use in cosmetics and personal care products such as shampoos, soaps and creams where it acts as an emulsifier or dispersant among others uses. The product is considered safe for human consumption even after prolonged exposure due to low toxicity levels exhibited by it compared with other acids such as oxalic or malonic which are found naturally occurring in fruits & vegetables popularly known as phytochemicals.


Regional Analysis:


North America was the second-largest regional market in 2017. The region is expected to maintain its dominance over the forecast period owing to high product demand from various end-use industries, such as pharmaceutical and chemical. Rising incidence of chronic diseases has increased the demand for medicines in this region, which will further boost product consumption.


Asia Pacific is anticipated to be one of the fastest growing regions during the forecast years on account of rapid industrialization and increasing per capita income levels among developing countries like China and India. Growing medical tourism industry due to affordable treatment options offered by these countries will also drive growth over coming years.


Growth Factors:


  • Increasing demand from end-use industries such as pharmaceuticals, agrochemicals, and personal care products
  • Rising awareness about the benefits of pivalic acid among consumers
  • Growing investments by leading players in research and development activities to develop new applications for pivalic acid
  • Expansion of production capacities by key manufacturers to meet the rising demand for pivalic acid globally
  • Emergence of new players in the market

Scope Of The Report

Report Attributes

Report Details

Report Title

Pivalic Acid Market Research Report

By Type

Pharmaceutical Grade, Agricultural Grade, Other

By Application

Medical Midbody, Chemical Midbody, Additives, Initiating Agent, Others

By Companies

Nikunj Chemicals, Santa Cruz Biotechnology, Fude Chemical, Shanghai Topfine Chemical, Hangzhou Jingyou Chemical, Lubon 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

246

Number of Tables & Figures

173

Customization Available

Yes, the report can be customized as per your need.


Global Pivalic Acid Market Report Segments:

The global Pivalic Acid market is segmented on the basis of:

Types

Pharmaceutical Grade, Agricultural Grade, 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

Medical Midbody, Chemical Midbody, Additives, Initiating Agent, Others

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:

  1. Nikunj Chemicals
  2. Santa Cruz Biotechnology
  3. Fude Chemical
  4. Shanghai Topfine Chemical
  5. Hangzhou Jingyou Chemical
  6. Lubon Chemical

Global Pivalic Acid Market Overview


Highlights of The Pivalic Acid Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Pharmaceutical Grade
    2. Agricultural Grade
    3. Other
  1. By Application:

    1. Medical Midbody
    2. Chemical Midbody
    3. Additives
    4. Initiating Agent
    5. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Pivalic 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

Global Pivalic Acid Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Pivalic acid is a molecule that is found in many fruits and vegetables. It is also produced by the human body. Pivalic acid has been shown to have health benefits, including reducing the risk of heart disease and cancer.

Some of the major companies in the pivalic acid market are Nikunj Chemicals, Santa Cruz Biotechnology, Fude Chemical, Shanghai Topfine Chemical, Hangzhou Jingyou Chemical, Lubon Chemical.

The pivalic acid market is expected to register a CAGR of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Pivalic Acid 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. Pivalic Acid Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Pivalic Acid Market - Supply Chain
   4.5. Global Pivalic Acid Market Forecast
      4.5.1. Pivalic Acid Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Pivalic Acid Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Pivalic Acid Market Absolute $ Opportunity

5. Global Pivalic Acid 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. Pivalic Acid Market Size and Volume Forecast by Type
      5.3.1. Pharmaceutical Grade
      5.3.2. Agricultural Grade
      5.3.3. Other
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Pivalic Acid 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. Pivalic Acid Market Size and Volume Forecast by Application
      6.3.1. Medical Midbody
      6.3.2. Chemical Midbody
      6.3.3. Additives
      6.3.4. Initiating Agent
      6.3.5. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Pivalic Acid 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. Pivalic Acid 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 Pivalic Acid 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. Pivalic Acid 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 Pivalic Acid Demand Share Forecast, 2019-2026

9. North America Pivalic Acid 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 Pivalic Acid 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 Pivalic Acid Market Size and Volume Forecast by Application
      9.4.1. Medical Midbody
      9.4.2. Chemical Midbody
      9.4.3. Additives
      9.4.4. Initiating Agent
      9.4.5. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Pivalic Acid Market Size and Volume Forecast by Type
      9.7.1. Pharmaceutical Grade
      9.7.2. Agricultural Grade
      9.7.3. Other
   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 Pivalic Acid Demand Share Forecast, 2019-2026

10. Latin America Pivalic Acid 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 Pivalic Acid 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 Pivalic Acid Market Size and Volume Forecast by Application
      10.4.1. Medical Midbody
      10.4.2. Chemical Midbody
      10.4.3. Additives
      10.4.4. Initiating Agent
      10.4.5. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Pivalic Acid Market Size and Volume Forecast by Type
      10.7.1. Pharmaceutical Grade
      10.7.2. Agricultural Grade
      10.7.3. Other
   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 Pivalic Acid Demand Share Forecast, 2019-2026

11. Europe Pivalic Acid 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 Pivalic Acid 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 Pivalic Acid Market Size and Volume Forecast by Application
      11.4.1. Medical Midbody
      11.4.2. Chemical Midbody
      11.4.3. Additives
      11.4.4. Initiating Agent
      11.4.5. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Pivalic Acid Market Size and Volume Forecast by Type
      11.7.1. Pharmaceutical Grade
      11.7.2. Agricultural Grade
      11.7.3. Other
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.0. 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 Pivalic Acid Demand Share, 2019-2026

12. Asia Pacific Pivalic Acid 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 Pivalic Acid 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 Pivalic Acid Market Size and Volume Forecast by Application
      12.4.1. Medical Midbody
      12.4.2. Chemical Midbody
      12.4.3. Additives
      12.4.4. Initiating Agent
      12.4.5. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Pivalic Acid Market Size and Volume Forecast by Type
      12.7.1. Pharmaceutical Grade
      12.7.2. Agricultural Grade
      12.7.3. Other
   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 Pivalic Acid Demand Share, 2019-2026

13. Middle East & Africa Pivalic Acid 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 Pivalic Acid 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 Pivalic Acid Market Size and Volume Forecast by Application
      13.4.1. Medical Midbody
      13.4.2. Chemical Midbody
      13.4.3. Additives
      13.4.4. Initiating Agent
      13.4.5. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Pivalic Acid Market Size and Volume Forecast by Type
      13.7.1. Pharmaceutical Grade
      13.7.2. Agricultural Grade
      13.7.3. Other
   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 Pivalic Acid Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Pivalic Acid Market: Market Share Analysis
   14.2. Pivalic Acid Distributors and Customers
   14.3. Pivalic Acid Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Nikunj Chemicals
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Santa Cruz Biotechnology
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Fude Chemical
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Shanghai Topfine Chemical
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Hangzhou Jingyou Chemical
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Lubon 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. COMPANY7
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. COMPANY8
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. COMPANY9
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. COMPANY 10
         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

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