According to the new market research report “Quinolin-3-ylboronic Acid - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global Quinolin-3-ylboronic Acid market size is projected to reach USD 2.14 Million by 2029, at a CAGR of 4.9% during the forecast period.
- Global Quinolin-3-ylboronic Acid MarketSize(US$ Million), 2018-2029
Source: QYResearch, "Quinolin-3-ylboronic Acid - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
Quinolin-3-ylboronic Acid is an organic boronic acid with the molecular formula C9H9BNO2. It contains both a boronic acid group (-B(OH)2) and a quinoline ring, which is a heterocyclic compound composed of a benzene ring fused to a pyridine ring.
- Global Quinolin-3-ylboronic Acid Top5 Players Rankingand Market Share (Ranking is based on the revenue of 2022, continually updated)
Source: QYResearch, "Quinolin-3-ylboronic Acid - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
According to QYResearch Top Players Research Center, the global key manufacturers of Quinolin-3-ylboronic Acid include UIV CHEM, Optima Chemical, Beijing Green Guardee Technology, Shaoxin Catsyn, Hangzhou CoreSyn, etc. In 2022, the global top four players had a share approximately 68.0% in terms of revenue.
According to QYResearch Top Players Research Center, the global key manufacturers of Quinolin-3-ylboronic Acid include UIV CHEM, Optima Chemical, etc. In 2022, the global top three players had a share approximately 58.0% in terms of revenue.
Market Drivers:
D1: Increasing investments by pharmaceutical companies and research institutions in R&D activities for the development of novel therapeutic agents provide an impetus for the market growth of 3-quinolineboronic acid.
D2: The increasing demand for advanced display technologies, such as OLEDs, in a variety of industries drives the need for innovative materials. Since 3-quinolineboronic acid exhibits unique fluorescent properties, it could potentially be explored as an emissive material or dopant in OLEDs.
D3: The growth of the pharmaceutical industry is a major driver for the 3-quinolineboronic acid market, as it is a critical intermediate in the synthesis of various drugs, particularly kinase inhibitors used to treat cancer.
Restraint:
R1: Price fluctuations in raw materials like boron derivatives and quinoline derivatives directly affect the cost of 3-quinolineboronic acid production. This uncertainty may lead to inconsistent product pricing and impact profitability.
R2: Political uncertainties, trade sanctions, and regional conflicts may disrupt the supply chain, affecting the availability and cost of raw materials, as well as the overall market growth.
R3: Global and local economic conditions can influence the demand for 3-quinolineboronic acid. Economic downturns may result in reduced expenditures on research, development, and production within industries that use 3-quinolineboronic acid.
Opportunity:
As a key intermediate in the synthesis of various pharmaceutical compounds, 3-quinolineboronic acid has experienced rising demand due to the growth of the pharmaceutical industry. This trend is driven by the growing need for drugs and therapeutics to treat an aging population and the increasing prevalence of chronic diseases.
The demand for organic electronic materials has been on the rise due to their potential applications in flexible displays, organic solar cells, and organic light-emitting diodes (OLEDs). Researchers are considering 3-quinolineboronic acid as a precursor for several organic semiconducting polymers, which could lead to increased demand in this sector.
About The Authors
Wangzhuang - Lead Author
Email: wangzhuang@qyresearch.com
John is a technology & market senior analyst specializing in semiconductor devices, materials, and equipment. Wang has 3 years’ experience in semiconductor and focuses on Chemicals, consumer goods, food and beverages, machinery and equipment, software and business services, etc. He is engaged in the development of technology and market reports and is also involved in custom projects.
About QYResearch
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