Press release
Pelargonic Acid Market Size, Share, Development by 2024
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Pelargonic Acid, also called nonanoic acid, is a monocarboxylic acid that naturally occurring fatty acid found in plants and animals. The U.S. Food and Drug Administration (FDA) has approved pelargonic acid for use in food, cosmetics, shampoos and other personal care products, and in transdermal drug delivery systems. Other applications are as a developer for photographic plates, in lacquers and plastics, in lubricants and metalworking fluids, and in herbicide products for plant protection.
Scope of the Report:
Pelargonic Acid are mainly classified into the following types: PA 90 Content, PA 95 Content, PA 98 Content and others. PA 98 Content is the most widely used type which takes up about 57.5% of the total sales in 2018.
Pelargonic Acid have wide range of applications, such as plant protection products, lubricating oil, cosmetics, bleaching agents, food fragrances etc.
The global Pelargonic Acid average cost is influenced by the global trend. The average cost will be in increasing trend if the price of raw materials rises.
The worldwide market for Pelargonic Acid is expected to grow at a CAGR of roughly 5.1% over the next five years, will reach 110 million US$ in 2024, from 86 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Pelargonic Acid in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Matrica S.p.A
OXEA
Emery
Croda Sipo
Zhenghou Yibang
Chongqing Yuanda
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
PA 90 Content
PA 95 Content
PA 98 Content
Market Segment by Applications, can be divided into
Plant Protection Products
Lubricating Oil
Cosmetics
Bleaching Agents
Food Fragrances
Others
For More Information On This Report, Please Visit @
https://www.globalinforesearch.com/global-pelargonic-acid-market_p107279.html
Related Information:
North America Pelargonic Acid Market Growth 2019-2024
United States Pelargonic Acid Market Growth 2019-2024
Asia-Pacific Pelargonic Acid Market Growth 2019-2024
Europe Pelargonic Acid Market Growth 2019-2024
EMEA Pelargonic Acid Market Growth 2019-2024
Global Pelargonic Acid Market Growth 2019-2024
China Pelargonic Acid Market Growth 2019-2024
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Pelargonic Acid Market Size
The global Pelargonic Acid market is projected to grow from US$ 104.5 million in 2023 to US$ 132.9 million by 2029, at a Compound Annual Growth Rate (CAGR) of 4.1% during the forecast period.
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