Press release
Innovation in Resin and Adhesive Formulations Drives Crotonic Acid Market Growth | Key Trends to 2030
Crotonic Acid Market SizeThe global market for Crotonic Acid was valued at US$ 78.3 million in the year 2024 and is projected to reach a revised size of US$ 86.9 million by 2031, growing at a CAGR of 1.5% during the forecast period.
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Tianjin Jinhui Pharmaceutical Group, Zhengzhou Tuozhixiang Trading, Chem of China and XIAN Kono Chem are the top four companies in crotonic acid globally and account for over 40% of global market share. Geographically speaking, China holds over 65% of total market share. In terms of type, purity more than 99.8% segment holds over 70% of total market share. In terms of product, pharmaceutical segment accounts for over 60% of total market share.
The Crotonic Acid market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Crotonic Acid market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
By Type
• Purity More Than 99.8%
• Purity Below 99.8%
By Application
• Pharmaceutical
• Paints and Coatings
Key Companies
Tianjin Jinhui Pharmaceutical Group, Zhengzhou Tuozhixiang Trading, Chem of China, XIAN Kono Chem, Nantong Huixin Chem, Godavari Biorefineries, BIO-TECH, Otto Chemie, Weylchem
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