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.
LPI (LP Information)’ newest research report, the “Pelargonic Acid Industry Forecast” looks at past sales and reviews total world Pelargonic Acid sales in 2022, providing a comprehensive analysis by region and market sector of projected Pelargonic Acid sales for 2023 through 2029. With Pelargonic Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Pelargonic Acid industry.
This Insight Report provides a comprehensive analysis of the global Pelargonic Acid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Pelargonic Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Pelargonic Acid market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Pelargonic Acid and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Pelargonic Acid.
The global Pelargonic Acid market size is projected to grow from US$ 97.8 million in 2022 to US$ 130.9 million in 2029; it is expected to grow at a CAGR of 130.9 from 2023 to 2029.
Global Pelargonic Acid main players include Matrica S.p.A, OXEA, Emery, Croda Sipo, Zhenghou Yibang, Chongqing Yuanda, etc., totally accounting for about 94%. North America is the largest market, with a share over 39%. As for the types of products, it can be divided into PA 90 Content, PA 95 Content and PA 98 Content. The most common product is PA 98 Content, with a share over 57%. In terms of applications, it is widely used in Plant Protection Products, Lubricating Oil, Cosmetics, Bleaching Agents, Food Fragrances and Others. The most application is in Plant Protection Products, with a share over 43%.
This report presents a comprehensive overview, market shares, and growth opportunities of Pelargonic Acid market by product type, application, key manufacturers and key regions and countries.
Top Manufactures in Global Pelargonic Acid Includes:
Matrica S.p.A
OXEA
Emery
Croda Sipo
Zhenghou Yibang
Chongqing Yuanda
Market Segment by Type, covers:
PA 90 Content
PA 95 Content
PA 98 Content
Market Segment by Applications, can be divided into:
Plant Protection Products
Lubricating Oil
Cosmetics
Bleaching Agents
Food Fragrances
Others
Key Questions Addressed in this Report
What is the 10-year outlook for the global Pelargonic Acid market?
What factors are driving Pelargonic Acid market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Pelargonic Acid market opportunities vary by end market size?
How does Pelargonic Acid break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
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