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4-Nitrobenzoic Acid Market Size, Share | Industry Trends Analysis Report, 2024

4-Nitrobenzoic Acid Market Size, Share | Industry Trends

A new research report by Transparency Market Research offers a comprehensive evaluation of the global 4-Nitrobenzoic Acid Market. The study, titled “4-Nitrobenzoic Acid Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024”, is available for sale on the firm’s website.

4-Nitrobenzoic acid is an organic compound and a precursor to 4-nitrobenzoyl chloride, the precursor to the anesthetic folic acid and procaine. 4-Nitrobenzoic acid has been prepared by nitration of polystyrene followed by oxidation of the alkyl substituent. 4-Nitrobenzoic acid is used as an intermediate for bulk drugs especially in the manufacturing of 3,5-diaminobenzoic acid, 4-aminobenzoic acid, dye intermediate and folic acid. 4-Nitrobenzoic acid appears as yellowish crystalline powder and is soluble in methanol and diethyl ether. Folic acid can be used as a medication to treat anemia which is caused by folic acid deficiency. Folic acid is generally used in association with other medicines to treat pernicious anemia. 3,5-Dinitrobenzoic acid is an organic chemical that is an important corrosion inhibitor and is used in photography. 4-Aminobenzoic acid (also known as PABA) is a white-grey crystalline substance which is only slightly soluble in water. It consists of a benzene ring substituted with a carboxyl group and an amino group.

Browse Market Research Report @
http://www.transparencymarketresearch.com/4-nitrobenzoic-acid-market.html

4-Aminobenzoic acid is mainly used in the biomedical sector to treat fibrotic skin disorders, such as Peyronie's disease under the trade name Potaba. In addition, 4-aminobenzoic acid can be used to manufacture specialty azo dyes and crosslinking agents. 4-aminobenzoic acid can also used in used in sunscreens as a UV filter.

The growth in end user industries is expected to increase the consumption of 4-nitrobenzoic acid. The increase in consumption of folic acid, 3,5-diaminobenzoic acid and 4-aminobenzoic acid is expected to boost demand for 4-nitrobenzoic acid. In addition, rapid urbanization and increasing consumption of food additives from emerging economies of Asia Pacific and Latin America is expected to further increase demand for 4-nitrobenzoic acid. However, availability of substitutes and fluctuating raw material prices could hamper the growth of this market.

Asia Pacific is expected to be the largest consumer of 4-nitrobenzoic acid followed by North America and Europe. China and India are major consumers of 4-nitrobenzoic acid due to presence of established end user industries. New Zealand, Australia, Vietnam, Japan and Malaysia are other major consumers of 4-Nitrobenzoic acid in Asia Pacific. Latin America is also expected to experience moderate to high growth rate. Argentina and Brazil are major consumers of 4-nitrobenzoic in Latin America. North America and Europe are mature markets and expected to experience low to moderate growth.

Large and medium chemical and material companies dominate the 4-nitrobenzoic acid market. Some of the key players in this market are Tianjin Elong Co., Ltd. (China), Labeyond Chemicals (Dalian) Co., Ltd. (China), Shanghai Worldyang Chemical Co., Limited (China), Crescent Chemical Co., Inc. (U.S.), Hefei TNJ Chemical Industry Co., Ltd.(U.S.), Orchid Chemical Supplies Ltd. (China), Shangqiu Kangmeida Bio-Technology Co., Ltd (China), Yurui (Shanghai) Chemical Co., Ltd. (China), Shanghai Richem International Co., Ltd.(China), Henan Tianfu Chemical Co., Ltd. (China), Zhengzhou Qiangjin Science And Technology Trading Co., Ltd. (China),Xi'an Leader Biochemical Engineering Co., Ltd.(China), Nanjing Yeshun Industry & International Trading Co., Ltd.(China), Leedskem Agro (India) Ltd. (India), Shri Hari Chemicals (India), Shanghai Richem International Co., Ltd. (China), Toronto Research Chemicals Inc (China), Bayer AG (Germany), BASF SE (Germany), The Dow Chemical Company (U.S.) and E. I. du Pont de Nemours and Company (U.S.) among others. Companies are using strategic acquisitions and mergers to increase their market share. In addition, companies are investing in research and development to develop superior grades of 4-nitrobenzoic acid.

Get accurate market forecast and analysis on the 4-Nitrobenzoic Acid market. Request a sample to stay abreast on the key trends impacting this market@
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=14264

The report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology developments, types, applications, and the competitive landscape.

The study is a source of reliable data on:
Key market segments and sub-segments
Evolving market trends and dynamics
Changing supply and demand scenarios
Quantifying market opportunities through market sizing and market forecasting
Tracking current trends/opportunities/challenges
Competitive insights
Opportunity mapping in terms of technological breakthroughs

The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
Middle East and Africa (GCC, Southern Africa, North Africa)

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact Us

Transparency Market Research
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Albany, NY 12207
Tel: +1-518-618-1030
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Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/
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