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Indole-3-acetic Acid (IAA) Market Size, Revenue, Insights, Overview, Outlook, Analysis

06-05-2024 03:50 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

The global market for Indole-3-acetic Acid (IAA) was estimated to be worth US$ 25 million in 2023 and is forecast to a readjusted size of US$ 36 million by 2030 with a CAGR of 5.3% during the forecast period 2024-2030.

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Indole-3-acetic acid (IAA) is the most common, naturally-occurring, plant hormone of the auxin class. It is the best known of the auxins, and has been the subject of extensive studies by plant physiologists. Chemically, IAA is a carboxylic acid in which the carboxyl group is attached through a methylene group to the C-3 position of an indole ring. In appearance, IAA is a colorless solid.

Global Indole-3-acetic Acid (IAA) key players include Interchem Technologies, Lianyuangang Zhiren, Yinong, Huibang, etc.
China is the largest market, with a share over 90%, followed by Japan, and USA, both have a share about 5 percent.

This report aims to provide a comprehensive presentation of the global market for Indole-3-acetic Acid (IAA), focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Indole-3-acetic Acid (IAA) by region & country, by Type, and by Application.

By Type
• 98.0%-99.0%
• More Than 99.0%
• Other Type (95.0%-98.0%)

By Application
• Plant Hormones
• Pharmaceutical Intermediates

Key Players
Interchem Technologies, Lianyuangang Zhiren, Yinong, Huibang, China Biochemical Agriculture, Xinghua Mingwei Chemical, Xinghua Dingli Chemical, AG (Shanghai) Agriculture Technology, Zhengzhou Ambition, Jintan Liaoyuan Chemical

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Bangalore 560066

Valuates offers an extensive collection of market research reports that helps companies to take intelligent strategical decisions based on current and forecasted Market trends.

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