Press release
Global P-Hydroxyphenyl-Propionic Acid (CAS 501-97-3) Market to Witness a Pronounce Growth During 2023
P-Hydroxyphenyl-Propionic Acid is an important pharmaceutical intermediate, recently mainly used to make esmolol hydrochloride and octrelicate hydrochloride.
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Global P-Hydroxyphenyl-Propionic Acid (CAS 501-97-3) Market: Forecast by Type / Application / Region
China is the leading production regions of P-Hydroxyphenyl-Propionic Acid (CAS 501-97-3). The production in China is 370 MT in 2017, taking 93.20% of the global production. This indicates that in other regions such as Europe, USA there are few manfuacturers producing P-Hydroxyphenyl-Propionic Acid (CAS 501-97-3) and China is also the main exporting country.
The main manufacturers include Jiangsu Xinxin Chemical, Zhejiang Dongyang Chemical, Medical Chem(Yancheng)Manuf, Wuhan Lullaby Pharmaceutical and Cangzhou Enke Pharma-tech. These companies are all from China, further showing China becomes the biggest manufacturing region in the world. Zhejiang Dongyang Chemical is the biggest manufacturer and in 2016 the company produced 75.69 MT, taking 26.68% of the global production
We predict that the global market volume of P-Hydroxyphenyl-Propionic Acid (CAS 501-97-3) will reach 505.20 MT by 2023.
Over the next five years, LPI(LP Information) projects that P-Hydroxyphenyl-Propionic Acid (CAS 501-97-3) will register a 8.8% CAGR in terms of revenue, reach US$ 23 million by 2023, from US$ 15 million in 2017.
Global P-Hydroxyphenyl-Propionic Acid (CAS 501-97-3) Market: Key Players
Jiangsu Xinxin Chemical
Zhejiang Dongyang Chemical
Medical Chem(Yancheng)Manuf
Wuhan Lullaby Pharmaceutical
Cangzhou Enke Pharma-tech
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Related Information:
United States P-Hydroxyphenyl-Propionic Acid (CAS 501-97-3) Market Research Report 2018
Europe P-Hydroxyphenyl-Propionic Acid (CAS 501-97-3) Market Research Report 2018
North America P-Hydroxyphenyl-Propionic Acid (CAS 501-97-3) Market Research Report 2018
Asia-Pacific P-Hydroxyphenyl-Propionic Acid (CAS 501-97-3) Market Research Report 2018
China P-Hydroxyphenyl-Propionic Acid (CAS 501-97-3) Market Research Report 2018
EMEA P-Hydroxyphenyl-Propionic Acid (CAS 501-97-3) Market Research Report 2018
Global P-Hydroxyphenyl-Propionic Acid (CAS 501-97-3) Market Research Report 2018
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