Market Overview:
The global Trimethylacetic Acid (CAS 75-98-9) 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 Trimethylacetic Acid (CAS 75-98-9) from various applications such as agricultural agent, dyestuff, medicine, cosmetics and others. North America is expected to dominate the global Trimethylacetic Acid (CAS 75-98-9) market during the forecast period owing to the presence of key players in this region and growing demand for Trimethylacetic Acid (CAS 75-98-9) from various end users industries.
Product Definition:
Trimethylacetic acid (CAS 75-98-9) is an organic compound with the formula C3H7O2. It is a colorless liquid with a pungent odor. Trimethylacetic acid is used as a solvent and in the production of other chemicals.
Cosmetic Grade:
Cosmetic grade is a term used for industrial chemicals that are used in personal care products such as shampoos, conditioners, and moisturizers. The growth factor in the market is driven by factors such as growing consumer awareness regarding appearance along with increasing disposable income.
The demand for cosmetic grade has been on a rise due to its usage in various personal care products which include shampoos & conditioners, moisturizers creams lotions & sunscreens among others.
Industrial Grade:
Industrial grade is a special type of chemical that is used to produce various chemicals such as methyl acetate, dimethylformamide, and others. It has applications in industries such as paints & coatings, plastics & resins, rubber products manufacturing and other niche applications.
Application Insights:
The agricultural agent application segment led the global trimethylacetic acid market in 2017. This is attributed to rising demand from countries, such as India, China, and Brazil for organic farming. In addition, increasing use of pesticides has resulted in high demand for GAA derivatives. Dyestuff was the second-largest application segment and is expected to witness growth over the forecast period owing to growing textile industry across regions coupled with a rise in consumer awareness regarding environment protection. Trimethylacetic acid also finds applications as medicine and cosmetics; however, these segments are anticipated to witness sluggish growth due largely on account of their higher costs than agricultural or dyestuff agents do.
Other applications include food additives.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 60% of global volume owing to high product demand from various end-use industries, such as textile, pharmaceuticals, cosmetics and agriculture. China is one of the major producers as well as consumers of TRAA in this region. In addition, India has witnessed significant growth in recent years on account rising demand from agrochemicals sector for producing fertilizers and pesticides.
North America emerged as the second-largest consumer due to increasing production capacities coupled with stringent regulations by U.S.
Growth Factors:
- Increasing demand from end-use industries such as pharmaceuticals, agrochemicals, and flavors and fragrances
- Growing application in solvents, plasticizers, and intermediates
- Rising investment by key players in R&D to develop new products and applications
- Technological advancements for production of TMA that results in lower manufacturing costs
- Expansion of global trade resulting in increased availability of TMA
Scope Of The Report
Report Attributes
Report Details
Report Title
Trimethylacetic Acid (CAS 75-98-9) Market Research Report
By Type
Cosmetic Grade, Industrial Grade, Pharmaceutical Grade
By Application
Agricultural Agent, Dyestuff, Medicine, Cosmetics, Other
By Companies
Alkali Metals, BG Chemicals, Kedia Organic Chemcials, Morre-Tec Industries, Parish Chemical, Vav Life Sciences, Nikunj Chemicals, Corbion, Justdial, Dalian Best Chemical, Anhui Xingyu, Hebei Fude Chemical, Shanghai Trustin 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 Trimethylacetic Acid (CAS 75-98-9) Market Report Segments:
The global Trimethylacetic Acid (CAS 75-98-9) market is segmented on the basis of:
Types
Cosmetic Grade, Industrial Grade, Pharmaceutical Grade
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
Agricultural Agent, Dyestuff, Medicine, Cosmetics, 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:
- Alkali Metals
- BG Chemicals
- Kedia Organic Chemcials
- Morre-Tec Industries
- Parish Chemical
- Vav Life Sciences
- Nikunj Chemicals
- Corbion
- Justdial
- Dalian Best Chemical
- Anhui Xingyu
- Hebei Fude Chemical
- Shanghai Trustin Chemical
Highlights of The Trimethylacetic Acid (CAS 75-98-9) 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:
- Cosmetic Grade
- Industrial Grade
- Pharmaceutical Grade
- By Application:
- Agricultural Agent
- Dyestuff
- Medicine
- Cosmetics
- 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 Trimethylacetic Acid (CAS 75-98-9) 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?
Trimethylacetic acid is a colorless, water-soluble liquid with a sour odor. It is used in the manufacture of plastics and other materials.
Some of the major players in the trimethylacetic acid (cas 75-98-9) market are Alkali Metals, BG Chemicals, Kedia Organic Chemcials, Morre-Tec Industries, Parish Chemical, Vav Life Sciences, Nikunj Chemicals, Corbion, Justdial, Dalian Best Chemical, Anhui Xingyu, Hebei Fude Chemical, Shanghai Trustin Chemical.
The trimethylacetic acid (cas 75-98-9) market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Trimethylacetic Acid (CAS 75-98-9) 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. Trimethylacetic Acid (CAS 75-98-9) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Trimethylacetic Acid (CAS 75-98-9) Market - Supply Chain
4.5. Global Trimethylacetic Acid (CAS 75-98-9) Market Forecast
4.5.1. Trimethylacetic Acid (CAS 75-98-9) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Trimethylacetic Acid (CAS 75-98-9) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Trimethylacetic Acid (CAS 75-98-9) Market Absolute $ Opportunity
5. Global Trimethylacetic Acid (CAS 75-98-9) 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. Trimethylacetic Acid (CAS 75-98-9) Market Size and Volume Forecast by Type
5.3.1. Cosmetic Grade
5.3.2. Industrial Grade
5.3.3. Pharmaceutical Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Trimethylacetic Acid (CAS 75-98-9) 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. Trimethylacetic Acid (CAS 75-98-9) Market Size and Volume Forecast by Application
6.3.1. Agricultural Agent
6.3.2. Dyestuff
6.3.3. Medicine
6.3.4. Cosmetics
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Trimethylacetic Acid (CAS 75-98-9) 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. Trimethylacetic Acid (CAS 75-98-9) 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 Trimethylacetic Acid (CAS 75-98-9) 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. Trimethylacetic Acid (CAS 75-98-9) 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 Trimethylacetic Acid (CAS 75-98-9) Demand Share Forecast, 2019-2026
9. North America Trimethylacetic Acid (CAS 75-98-9) 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 Trimethylacetic Acid (CAS 75-98-9) 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 Trimethylacetic Acid (CAS 75-98-9) Market Size and Volume Forecast by Application
9.4.1. Agricultural Agent
9.4.2. Dyestuff
9.4.3. Medicine
9.4.4. Cosmetics
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Trimethylacetic Acid (CAS 75-98-9) Market Size and Volume Forecast by Type
9.7.1. Cosmetic Grade
9.7.2. Industrial Grade
9.7.3. Pharmaceutical Grade
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 Trimethylacetic Acid (CAS 75-98-9) Demand Share Forecast, 2019-2026
10. Latin America Trimethylacetic Acid (CAS 75-98-9) 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 Trimethylacetic Acid (CAS 75-98-9) 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 Trimethylacetic Acid (CAS 75-98-9) Market Size and Volume Forecast by Application
10.4.1. Agricultural Agent
10.4.2. Dyestuff
10.4.3. Medicine
10.4.4. Cosmetics
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Trimethylacetic Acid (CAS 75-98-9) Market Size and Volume Forecast by Type
10.7.1. Cosmetic Grade
10.7.2. Industrial Grade
10.7.3. Pharmaceutical Grade
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 Trimethylacetic Acid (CAS 75-98-9) Demand Share Forecast, 2019-2026
11. Europe Trimethylacetic Acid (CAS 75-98-9) 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 Trimethylacetic Acid (CAS 75-98-9) 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 Trimethylacetic Acid (CAS 75-98-9) Market Size and Volume Forecast by Application
11.4.1. Agricultural Agent
11.4.2. Dyestuff
11.4.3. Medicine
11.4.4. Cosmetics
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Trimethylacetic Acid (CAS 75-98-9) Market Size and Volume Forecast by Type
11.7.1. Cosmetic Grade
117.2. Industrial Grade
11.7.3. Pharmaceutical Grade
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 Trimethylacetic Acid (CAS 75-98-9) Demand Share, 2019-2026
12. Asia Pacific Trimethylacetic Acid (CAS 75-98-9) 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 Trimethylacetic Acid (CAS 75-98-9) 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 Trimethylacetic Acid (CAS 75-98-9) Market Size and Volume Forecast by Application
12.4.1. Agricultural Agent
12.4.2. Dyestuff
12.4.3. Medicine
12.4.4. Cosmetics
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Trimethylacetic Acid (CAS 75-98-9) Market Size and Volume Forecast by Type
12.7.1. Cosmetic Grade
12.7.2. Industrial Grade
12.7.3. Pharmaceutical Grade
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 Trimethylacetic Acid (CAS 75-98-9) Demand Share, 2019-2026
13. Middle East & Africa Trimethylacetic Acid (CAS 75-98-9) 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 Trimethylacetic Acid (CAS 75-98-9) 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 Trimethylacetic Acid (CAS 75-98-9) Market Size and Volume Forecast by Application
13.4.1. Agricultural Agent
13.4.2. Dyestuff
13.4.3. Medicine
13.4.4. Cosmetics
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Trimethylacetic Acid (CAS 75-98-9) Market Size and Volume Forecast by Type
13.7.1. Cosmetic Grade
13.7.2. Industrial Grade
13.7.3. Pharmaceutical Grade
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 Trimethylacetic Acid (CAS 75-98-9) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Trimethylacetic Acid (CAS 75-98-9) Market: Market Share Analysis
14.2. Trimethylacetic Acid (CAS 75-98-9) Distributors and Customers
14.3. Trimethylacetic Acid (CAS 75-98-9) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Alkali Metals
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BG Chemicals
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Kedia Organic Chemcials
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Morre-Tec Industries
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Parish 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. Vav Life Sciences
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Nikunj Chemicals
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Corbion
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Justdial
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Dalian Best 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. Anhui Xingyu
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Hebei Fude Chemical
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Shanghai Trustin Chemical
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