Global Isatoic Acid Anhydride Market Size, Investment Feasibility and Industry Growth Rate Forecast 2023
Market Research Future published a Half-Cooked research report on Global Isatoic Acid Anhydride Market Research Report- Forecast to 2023″ – Market Analysis, Scope, Stake, Progress, Trends
Pune, India – June 29, 2017 /MarketersMedia/ —
Global Isatoic acid anhydride Market Information- by Application (Dye & Pigments, Pesticides, Herbicides, Saccharin, Flavors, and Others), by End Use Industry (Pharmaceutical, Agrochemicals, Perfume, Food & Beverages, and Others) and by Region – Forecast till 2023
Isatoic acid anhydride market segmented by the applications such as dye & pigments, pesticides, herbicides, saccharin, flavors, and others. Among all applications isatoic acid anhydride highly utilize in dye & pigments, pesticides, and herbicides. Likewise, APAC region is anticipated to lead the market during the forecast period due to the high consumption of Isatoic acid anhydride in the growing agriculture and textile industry including the countries China, India, Japan, South Korea, and others countries. Owing to the increase population, trade liberalization, and huge demand of the food sector is becoming the driving factors to Chinese agricultural industry, which is another driving factor of Isatoic acid anhydride market. Furthermore, India holds the second largest agricultural industry holdings in this region. The growth of Asia Pacific Isatoic acid anhydride market is driven by the rising demand of Isatoic acid anhydride in various application such as dye & pigments, pesticides, herbicides, saccharin, flavors, and others. Furthermore, isatoic acid anhydride highly used as intermediate for dyes & pigments. Textile is the leading industry segment in APAC region and is anticipated to experience stable growth over the forecast period. China was the biggest market of dyes & pigments in Asia Pacific. Whereas, India is estimated to have second highest growth in dyes & pigments market. On the other hand, favoring environmental regulations and emergence of local manufacturers in China and India are projected to have positive impact on the Asia Pacific market in terms of production.
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Whereas, Europe hold second position for global isatoic acid anhydride market followed by North America region. Moreover, Middle East, Latin America and South Africa is an emerging region for Isatoic acid anhydride market due to increasing consumption of isatoic acid anhydride in various industries such as pharmaceutical, agrochemicals, perfume, food & beverages, and others.
The Asia Pacific region Isatoic acid anhydride market also provides an extensive range of manufacture including China and India based key players such as
• Alfa Aesar (India)
• Crystal Quinone Pvt. Ltd. (India)
• Taj Active Pharmaceuticals Ingredients (India)
• Wujiang New Sunlion Chemical Co., Ltd. (China)
• HIMALAYA CHEMICALS (India)
• ISHITA INDUSTRIES (India)
• KESHAR EMULSION PVT LTD (India)
• TCI (Shanghai)
• Development Co., Ltd (China)
The global isatoic acid anhydride market is majorly segmented on the basis of application, end use and region. Based on application of isatoic acid anhydride the market is segmented into dye & pigments, pesticides, herbicides, saccharin, flavors, and others. On the other hand, Based on end use industry of isatoic acid anhydride the market is segmented into pharmaceutical, agrochemicals, perfume, food & beverages, and others. Furthermore, based on region global isatoic acid anhydride market is segmented into North America, Europe, APAC, Latin America, and Middle East & Africa.
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Isatoic acid anhydride also known as o-amino-benzoic acid, 2-aminobenzoic acid, N-carboxylic acid anhydride, and anthranilic acid, is the organic compound with the linear formula C6H4(NH2)CO2H. In appearance, Isatoic acid anhydride is a white solid when pure, although commercial samples may appear yellow. By the structure, isatoic acid anhydride contains a benzene ring with two adjacent functional groups, a carboxylic acid and an amine. Industrially, Isatoic acid anhydride is used as an intermediate for production of dyes chemicals and in medical product. Isatoic acid anhydride and its esters are used in preparing perfumes to imitate jasmine and orange, pharmaceuticals, and UV-absorber as well as corrosion inhibitors for metals and mold inhibitors in soy sauce. In addition, isatoic acid anhydride can be used in organic synthesis to generate the benzyne intermediate. It is sometimes considered as vitamin L1.
Asia Pacific is the largest market of isatoic acid anhydride due to huge consumption in dye & pigments, and agrochemical industry, in China region followed by India, Thailand, and Japan. Increasing demand for agrochemical industry in China, India, Japan, Taiwan, and South Korea has made Asia Pacific largest consumer of the global Isatoic acid anhydride market followed by increasing in the consumption of Isatoic acid anhydride market in Europe region. In Europe region, Isatoic acid anhydride market is drive by perfume, pharmaceutical, and food & beverages industry. In addition, the third largest market of Isatoic acid anhydride is North America region due to large consumption in agricultural, pharmaceutical, and others industry. Moreover, Latin America and Middle East also observed in growth of Isatoic acid anhydride market due to various application such as pharmaceutical, dye & pigments, perfume, agrochemicals, and others.
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Study Objectives of Isatoic acid anhydride Market:
• To provide detailed analysis of the market structure along with forecast for the next 7 years of the various segments and sub-segments of the Global Isatoic acid anhydride Market
• To understand the supply and demand dynamics including supply and consumption concentration mapping
• To provide region level market analysis and future outlook for North America, Europe, Asia, and Rest of the World (ROW) and their countries
• To provide competitor positioning of the market
• To provide company profiling of major players in the market along with their production and capacity
• To provide regional trade analysis
• To evaluate historical market trends, patents and technologies, and current government regulatory requirements that are relevant to the market
Intended Audience
• Isatoic acid anhydride manufacturers
• Traders and distributors of Isatoic acid anhydride
• Production Process industries
• Potential investors
• Raw material suppliers
• Nationalized laboratory
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