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Global Azelaic Acid Market

09-06-2018 04:28 PM CET | Industry, Real Estate & Construction

Press release from: QY Research, Inc. 

This report studies the global Azelaic Acid market status and forecast, categorizes the global Azelaic Acid market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).

Azelaic acid is a crystalline, opaque-white solid, soluble in hot water, alcohols, diethyl ether, and other polar solvents. The two carboxyl groups of azelaic acid limit its solubility in nonpolar solvents such as naphtha or carbon tetrachloride.

It is a 9-carbon, straight chain, saturated, dibasic acid mainly produced commercially by the ozone oxidation of oleic acid. It is chemical raw material used in the production of plastics, lubricants, electronics, pharmaceuticals & cosmetics, etc.

In 2016, the global azelaic acid consumption market is led by North America, accounting for 65% of global. China is the second-largest region-wise market, holding about 26% global share.

Request Sample Copy of the Report @ https://www.qyresearch.com/sample-form/form/183734/global-azelaic-acid-market

At present, the major manufacturers of azelaic acid are Emery Oleochemicals, Matrica, BASF, Croda Sipo and Nantong Hengxing Electronic Materials. Emery Oleochemicals is the world’s largest commercial producer of azelaic acid, holding 63.94% sales market share in 2016. The present line of EMEROX® azelaic acids is the result of over 60 years of research by Emery Oleochemicals, pioneer in the commercial development of azelaic acid.

Azelaic acid downstream is wide and recently azelaic acid has acquired increasing significance in various fields of plastics, petrochemical, electronics, pharmaceuticals, cosmetics and others. Globally, the azelaic acid market is mainly driven by growing demand for plastics and lubricant, holding about 70% of global azelaic acid consumption. For demand market of azelaic acid, there is also a certain space in the next few years and USA is the largest consumption region.

According to our research and analysis, Emery Oleochemicals is the major leaders in the international market of azelaic acid. Manufacturers from China are immature in technology. There is large space in the China market. The demand of China’s azelaic acid market is mainly from two aspects, one is production of domestic small medium enterprises, and another is relying on imports.

The global Azelaic Acid market is valued at 130 million US$ in 2017 and will reach 170 million US$ by the end of 2025, growing at a CAGR of 3.2% during 2018-2025.

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The major manufacturers covered in this report

Emery Oleochemicals

Matrica SpA

BASF

Croda Sipo

Ninghai Zhonglong

Jiangsu Senxuan

Nantong Hengxing Electronic Materials

Shandong Clearwill

Hubei Tuochu

Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering

North America

Europe

China

Japan

Southeast Asia

India

Other Regions (India, Southeast Asia, Central & South America and Middle East & Africa)

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

Industrial Grade

Pharmaceutical Grade

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including

Plastics

Lubricants

Electronics

Pharmaceuticals & Cosmetics

Others

Request Discount for Research Report @ https://www.qyresearch.com/request-discount/form/183734/global-azelaic-acid-market

QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.

QY Research, INC.
17890 Castleton, Suite 218,
City of industry, CA – 91748
USA: +1 6262 952 442
China: +86 1082 945 717
Japan: +81 9038 009 273
India: +91 9766 478 224
Emails – enquiry@qyresearch.com
Web – www.qyresearch.com
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