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.
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:
- Nikunj Chemicals
- Santa Cruz Biotechnology
- Fude Chemical
- Shanghai Topfine Chemical
- Hangzhou Jingyou Chemical
- Lubon Chemical
Highlights of The Pivalic 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:
- Pharmaceutical Grade
- Agricultural Grade
- Other
- By Application:
- Medical Midbody
- Chemical Midbody
- Additives
- Initiating Agent
- Others
- 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 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
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?
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