The International Pyruvic Acid market size was xxx million USD with a CAGR xx % from 2015- 2019. It will stretch to xxx million USD in 2020 with a CAGR of xx % from 2020 to 2025.
Pyruvic acid is a alpha-keto acid with a carboxylic acid and a ketone functional group. It is a colorless liquid that is represented chemically as C3H4O3, while pyruvate (the conjugate base, CH3COCOO−) is a key intermediate in several metabolic pathways.
Currently, Musashino, Toray, Minakem, Tianjin Shengdao Technology and Shanghai Jinli Bio-tech are the leaders of pyruvic acid industry. Musashino is a global leader. In 2017, the production of Musashino was 602 ton, and the company held a production share of 24.3%. In Europe and the United States, Musashino and Minakem are the market leader.
Pyruvic acid or pyruvate is a key intermediate in the glycolytic and pyruvate dehydrogenase pathways, which are involved in biological energy production. Pyruvic acid is mainly used for pharmaceuticals, daily chemicals and food additives. In 2017, pharmaceuticals application held 60.6% of the consumption market share. In fact, the trade flow of pyruvic acid is less. The trade flow of pyruvic acid mainly comes from pyruvic acid derivatives.
As the report focuses on global Pyruvic Acid market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
In market segmentation by manufacturers, the report covers the following companies-
Musashino
Toray
Minakem
Tianjin Shengdao Technology
Shanghai Jinli Bio-tech
Zhoucun Dongfang Chemical
Fleurchem
In market segmentation by geographical regions, the report has analyzed 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 covers:
Chemical Synthesis
Bio Synthesis
In market segmentation by applications :
Pharmaceuticals
Daily Chemicals
Food Additives
Others
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Pyruvic Acid market for the forecast period 2020 - 2025?
• What are the driving forces in the Pyruvic 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 Pyruvic 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?