Report overview
Benzeneacetic acid (abr. PAA and Phenylacetic acid) is an organic compound containing a phenyl functional group and a carboxylic acid functional group. It is a white solid with a disagreeable odor. Because it is used in the illicit production of phenylacetone (used in the manufacture of substituted amphetamines), it is subject to controls in countries including the United States and China.
This report contains market size and forecasts of Benzeneacetic Acid in global, including the following market information:
Global Benzeneacetic Acid Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Benzeneacetic Acid Market Sales, 2017-2022, 2023-2028, (Tons)
Global top five Benzeneacetic Acid companies in 2021 (%)
The global Benzeneacetic Acid market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Pharmaceutical Grade Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Benzeneacetic Acid include Hebei Chengxin, Hebei Zehao Biotechnology, White Deer, TUL, Alembic, Gow Chemical, Jinguan Chemical and SPI, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Benzeneacetic Acid manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Benzeneacetic Acid Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Benzeneacetic Acid Market Segment Percentages, by Type, 2021 (%)
Pharmaceutical Grade
Chemical Grade
Global Benzeneacetic Acid Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Benzeneacetic Acid Market Segment Percentages, by Application, 2021 (%)
Penicillin
Flavor and Fragrance
Pesticide
Others
Global Benzeneacetic Acid Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Benzeneacetic Acid Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Benzeneacetic Acid revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Benzeneacetic Acid revenues share in global market, 2021 (%)
Key companies Benzeneacetic Acid sales in global market, 2017-2022 (Estimated), (Tons)
Key companies Benzeneacetic Acid sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Hebei Chengxin
Hebei Zehao Biotechnology
White Deer
TUL
Alembic
Gow Chemical
Jinguan Chemical
SPI
