The multinational Pelargonic Acid market had reached xxx million USD with a CAGR xx from 2015-2019. Later on, it will go to xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
Pelargonic Acid, also called nonanoic acid, is a monocarboxylic acid that naturally occurring fatty acid found in plants and animals. The U.S. Food and Drug Administration (FDA) has approved pelargonic acid for use in food, cosmetics, shampoos and other personal care products, and in transdermal drug delivery systems. Other applications are as a developer for photographic plates, in lacquers and plastics, in lubricants and metalworking fluids, and in herbicide products for plant protection.
Pelargonic Acid are mainly classified into the following types: PA 90 Content, PA 95 Content, PA 98 Content and others. PA 98 Content is the most widely used type which takes up about 57.5% of the total sales in 2018.
Pelargonic Acid have wide range of applications, such as plant protection products, lubricating oil, cosmetics, bleaching agents, food fragrances etc.
The global Pelargonic Acid average cost is influenced by the global trend. The average cost will be in increasing trend if the price of raw materials rises.
In the global Pelargonic Acid market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
In market segmentation by manufacturers, the report covers the following companies-
Matrica S.p.A
OXEA
Emery
Croda Sipo
Zhenghou Yibang
Chongqing Yuanda
In market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In market segmentation by types :
PA 90 Content
PA 95 Content
PA 98 Content
In market segmentation by applications :
Plant Protection Products
Lubricating Oil
Cosmetics
Bleaching Agents
Food Fragrances
Others
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Pelargonic Acid market for the forecast period 2020 - 2025?
• What are the driving forces in the Pelargonic Acid market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Pelargonic Acid industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?