Global Protocatechuic Acid (CAS 99-50-3) Market Growth 2019-2024

SKU ID : LPI-13802072 | Publishing Date : 31-Jan-2019 | No. of pages : 131

This report studies the Protocatechuic Acid (CAS 99-50-3) market, Protocatechuic acid (PCA) is a dihydroxybenzoic acid, a type of phenolic acid. It is a major metabolite of antioxidant polyphenols found in green tea. It has mixed effects on normal and cancer cells in in vitro and in vivo studies.
Natural extraction and chemical synthesis are major ways to produce protocatechuic acid. Production cost of natural extraction is relatively high, which makes the process less feasible. Currently Xi'an Season is extracting protocatechuic acid from the leaves of the holly branch. Taizhou Zhongda Chemical, Aktin Chemical and Henan Lyle Wormwood produce protocatechuic acid from chemical synthesis of Vanillin. Taizhou Zhongda Chemical is the largest supplier with capacity of 50.0 MT per year.
The downstream of protocatechuic acid can be classified as Medicine, Chemical, etc. It is mainly used in the fields of pharmaceutical synthesis, organic intermediate synthesis, dye synthesis and chemical reagents. Medicine is the major application of protocatechuic acid with market share of 72.91% in 2017. Protocatechuic acid is widely used to produce many medical products such as erlotinib (antineoplastic), veratridine (sodium channel inactivation inhibitor), hydrochloric acid Mai Pi skin Lin (respiratory drug), Picatin II (treatment of hepatitis B), itopride hydrochloride (new gastrointestinal motility drug), etc.

According to this study, over the next five years the Protocatechuic Acid (CAS 99-50-3) market will register a 1.3% CAGR in terms of revenue, the global market size will reach US$ million by 2024, from US$ million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Protocatechuic Acid (CAS 99-50-3) business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Protocatechuic Acid (CAS 99-50-3) market by product type, application, key manufacturers and key regions and countries.

This study considers the Protocatechuic Acid (CAS 99-50-3) value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Chemical Synthesis
Plant Extraction
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Medicine
Chemical
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Taizhou Zhongda Chemical
Henan Lyle Wormwood
Aktin Chemical
Xi'an Season
...

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Protocatechuic Acid (CAS 99-50-3) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Protocatechuic Acid (CAS 99-50-3) market by identifying its various subsegments.
Focuses on the key global Protocatechuic Acid (CAS 99-50-3) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Protocatechuic Acid (CAS 99-50-3) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Protocatechuic Acid (CAS 99-50-3) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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