Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Tetronic Acid Market by Type (Purity 96%, Purity 98%, Other), By Application (Chemical Reagents, Pharmaceutical Intermediates, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Tetronic Acid Market by Type (Purity 96%, Purity 98%, Other), By Application (Chemical Reagents, Pharmaceutical Intermediates, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 138960 3300 Chemical & Material 377 238 Pages 4.9 (45)

Market Overview:

The global tetronic 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 tetronic acid in various applications such as chemical reagents, pharmaceutical intermediates, and others. Tetronic acid is also used as an intermediate for manufacturing other chemicals and products. North America dominates the global tetronic acid market followed by Europe and Asia Pacific.

Global Tetronic Acid Industry Outlook

Product Definition:

A tetracyclic diterpenoid, tetronic acid is a component of the essential oil from Laurus nobilis. It has antibacterial and antifungal activity.

Purity 96%:

Purity 96% is a special type of Tetronic Acid, which has been manufactured by using the most advanced technology. It contains four carbon atoms instead of five and hence it’s name is derived from its chemical structure. Purity 96% has almost similar properties like other Tetronic Acids but with one exception; it’s molecular weight is higher than normal Tetronic acid (TAA).

Purity 98%:

Purity 98% is a special type of Tetronic acid which has purity level more than 99%. It is used in the production of industrial and specialty chemicals. Purity 98% can also be produced by thermal decomposition process under controlled environment.

The market for purity 98% is expected to grow at a significant rate owing to its increasing demand from various end-use industries such as pharmaceuticals, agrochemicals, textiles, food & beverages and others.

Application Insights:

Chemical reagents was the major application segment in 2016 and accounted for over 60% of total demand. Chemical intermediates are used as a raw material in various industries including pharmaceuticals, paints & coatings, and others. The global chemical industry is growing rapidly owing to increasing industrialization and urbanization leading to increased consumption of chemical products resulting in growth of overall market. Tetronic acid is used as an intermediate product for production of other chemicals which include salts, polymers, plasticizers, dyes & pigments and adhesives & sealants among others.

Regional Analysis:

Asia Pacific dominated the global market in terms of revenue with a share of over 60% in 2017. This is attributed to the presence of key manufacturers such as Nippon Tetra and Sinosearch Scientific, which are involved in extensive R&D activities for product development. The region will retain its dominant position throughout the forecast period owing to growing pharmaceutical industry coupled with increasing demand for high purity tetronic acid from chemical and other applications.

The Asia Pacific regional market is expected to grow at a significant rate during the forecast period due to rising investments by major players on expanding their production capacities coupled with increased government support for promoting manufacturing industries within developing economies including China, India, Thailand & South Korea. These factors are likely to boost regional growth over the coming years.

Europe accounted for more than 20% share of global revenue in 2017 owing an increase demand from end-use industries such as agrochemicals.

Growth Factors:

  • Increasing demand from end-use industries such as textiles, automotive, and construction
  • Growing application in detergents and cleaners
  • Rising popularity of tetronic acid derivatives in personal care products
  • Increasing research and development activities for new applications of tetronic acids
  • Growing investments by key players to expand their production capacities

Scope Of The Report

Report Attributes

Report Details

Report Title

Tetronic Acid Market Research Report

By Type

Purity 96%, Purity 98%, Other

By Application

Chemical Reagents, Pharmaceutical Intermediates, Other

By Companies

TCI, HBCChem, Alfa Chemistry, Apollo Scientific, 3B Scientific, VWR International, J & K Scientific, Energy Chemical, Hangzhou Yuhao Chemical Technology, Shanghai Aladdin Bio-Chem Technology, Wuxi Zhongkun Biochemical Technology

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

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

Global Tetronic Acid Market Report Segments:

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


Purity 96%, Purity 98%, 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.


Chemical Reagents, 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:

  1. TCI
  2. HBCChem
  3. Alfa Chemistry
  4. Apollo Scientific
  5. 3B Scientific
  6. VWR International
  7. J & K Scientific
  8. Energy Chemical
  9. Hangzhou Yuhao Chemical Technology
  10. Shanghai Aladdin Bio-Chem Technology
  11. Wuxi Zhongkun Biochemical Technology

Global Tetronic Acid Market Overview

Highlights of The Tetronic 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. Purity 96%
    2. Purity 98%
    3. Other
  1. By Application:

    1. Chemical Reagents
    2. Pharmaceutical Intermediates
    3. Other
  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 Tetronic 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 Tetronic 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?

Tetronic acid is a molecule composed of four carbon atoms.

Some of the major players in the tetronic acid market are TCI, HBCChem, Alfa Chemistry, Apollo Scientific, 3B Scientific, VWR International, J & K Scientific, Energy Chemical, Hangzhou Yuhao Chemical Technology, Shanghai Aladdin Bio-Chem Technology, Wuxi Zhongkun Biochemical Technology.

The tetronic acid market is expected to grow at a compound annual growth rate of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

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

5. Global Tetronic 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. Tetronic Acid Market Size and Volume Forecast by Type
      5.3.1. Purity 96%
      5.3.2. Purity 98%
      5.3.3. Other
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Tetronic 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. Tetronic Acid Market Size and Volume Forecast by Application
      6.3.1. Chemical Reagents
      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 Tetronic 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. Tetronic 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 Tetronic 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. Tetronic 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 Tetronic Acid Demand Share Forecast, 2019-2029

9. North America Tetronic 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 Tetronic 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 Tetronic Acid Market Size and Volume Forecast by Application
      9.4.1. Chemical Reagents
      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 Tetronic Acid Market Size and Volume Forecast by Type
      9.7.1. Purity 96%
      9.7.2. Purity 98%
      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 Tetronic Acid Demand Share Forecast, 2019-2029

10. Latin America Tetronic 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 Tetronic 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 Tetronic Acid Market Size and Volume Forecast by Application
      10.4.1. Chemical Reagents
      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 Tetronic Acid Market Size and Volume Forecast by Type
      10.7.1. Purity 96%
      10.7.2. Purity 98%
      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 Tetronic Acid Demand Share Forecast, 2019-2029

11. Europe Tetronic 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 Tetronic 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 Tetronic Acid Market Size and Volume Forecast by Application
      11.4.1. Chemical Reagents
      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 Tetronic Acid Market Size and Volume Forecast by Type
      11.7.1. Purity 96%
      11.7.2. Purity 98%
      11.7.3. Other
   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 Tetronic Acid Demand Share, 2019-2029

12. Asia Pacific Tetronic 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 Tetronic 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 Tetronic Acid Market Size and Volume Forecast by Application
      12.4.1. Chemical Reagents
      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 Tetronic Acid Market Size and Volume Forecast by Type
      12.7.1. Purity 96%
      12.7.2. Purity 98%
      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 Tetronic Acid Demand Share, 2019-2029

13. Middle East & Africa Tetronic 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 Tetronic 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 Tetronic Acid Market Size and Volume Forecast by Application
      13.4.1. Chemical Reagents
      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 Tetronic Acid Market Size and Volume Forecast by Type
      13.7.1. Purity 96%
      13.7.2. Purity 98%
      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 Tetronic Acid Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Tetronic Acid Market: Market Share Analysis
   14.2. Tetronic Acid Distributors and Customers
   14.3. Tetronic Acid Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. TCI Overview Financials Developments Strategic Outlook
      14.4.2. HBCChem Overview Financials Developments Strategic Outlook
      14.4.3. Alfa Chemistry Overview Financials Developments Strategic Outlook
      14.4.4. Apollo Scientific Overview Financials Developments Strategic Outlook
      14.4.5. 3B Scientific Overview Financials Developments Strategic Outlook
      14.4.6. VWR International Overview Financials Developments Strategic Outlook
      14.4.7. J & K Scientific Overview Financials Developments Strategic Outlook
      14.4.8. Energy Chemical Overview Financials Developments Strategic Outlook
      14.4.9. Hangzhou Yuhao Chemical Technology Overview Financials Developments Strategic Outlook
      14.4.10. Shanghai Aladdin Bio-Chem Technology Overview Financials Developments Strategic Outlook
      14.4.11. Wuxi Zhongkun Biochemical Technology Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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