Press release
Malonic Acid Market In-Depth Analysis Report|Trend 2022|Lonza, Trace Zero
Malonic acid, also called propanedioic acid, is a precursor to specialty polyesters. It is a dibasic organic acid whose diethyl ester is used in syntheses of vitamins B1 and B6, barbiturates, and numerous other valuable compounds.
Malonic acid itself is rather unstable and has few applications. Its calcium salt occurs in beetroot, but the acid itself is usually prepared by hydrolyzing diethyl malonate. It undergoes the usual reactions of carboxylic acids as well as facile cleavage into acetic acid and carbon dioxide.
Derivatives' data is in section 7.2.
Highlights
Considering the economic change due to COVID-19 and Russia-Ukraine War Influence, the global Malonic Acid market is projected to reach US$ 57 million by 2028 from an estimated US$ 49 million in 2022, at a CAGR of 2.5% during 2023 and 2028.
Malonic acid industry has low technology barrier and is labor intensive industry. Currently, there are several producing companies in the world malonic acid industry. The main market players are Lonza, Trace Zero and Tateyamakasei
In consumption market, Europe and China are the mainly consumption regions due to the bigger demand of downstream applications. These two regions occupied 71% of the global consumption volume in total.
Malonic acid has two types, which include pharmaceutical grade malonic acid and technical grade malonic acid.
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Complete study of the global Malonic Acid market is carried out by the analysts in this report, taking into consideration key factors like drivers, challenges, recent trends, opportunities, advancements, and competitive landscape. This report offers a clear understanding of the present as well as future scenario of the global Malonic Acid industry. Research techniques like PESTLE and Porter's Five Forces analysis have been deployed by the researchers. They have also provided accurate data on Malonic Acid production, capacity, price, cost, margin, and revenue to help the players gain a clear understanding of the overall existing and future market situation.
Segmental Analysis
The report has classified the global Malonic Acid industry into segments including product type and application. Every segment is evaluated based on growth rate and share. Besides, the analysts have studied the potential regions that may prove rewarding for the Malonic Acid manufacturers in the coming years. The regional analysis includes reliable predictions on value and volume, thereby helping market players to gain deep insights into the overall Malonic Acid industry.
Global Malonic Acid Market Segment By Type:
Pharmaceutical Grade
Technical Grade
Global Malonic Acid Market Segment By Application:
Chemical & Material Industry
Pharma & Healthcare Industry
Electronics Industry
Others
Competitive Landscape
It is important for every market participant to be familiar with the competitive scenario in the global Malonic Acid industry. In order to fulfill the requirements, the industry analysts have evaluated the strategic activities of the competitors to help the key players strengthen their foothold in the market and increase their competitiveness.
Key companies operating in the global Malonic Acid market include: Lonza, Trace Zero, Tateyamakasei, Shanghai Nanxiang Reagent, Medicalchem
Key questions answered in the report:
What is the growth potential of the Malonic Acid market?
Which product segment will grab a lion's share?
Which regional market will emerge as a frontrunner in the coming years?
Which application segment will grow at a robust rate?
What are the growth opportunities that may emerge in the Malonic Acid industry in the years to come?
What are the key challenges that the global Malonic Acid market may face in the future?
Which are the leading companies in the global Malonic Acid market?
Which are the key trends positively impacting the market growth?
Which are the growth strategies considered by the players to sustain their hold in the global Malonic Acid market?
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The Price trend of Malonic acid during the first two quarters of 2023 exhibited a substantial increase of over 5%. This uptrend was primarily driven by a reduction in Malonic acid production not only in India but also in key regions such as Europe, China, and Thailand.
Request for Real-Time Malonic Acid Prices: https://www.procurementresource.com/resource-center/malonic-acid-price-trends/pricerequest
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