Global Brassylic Acid Market Size study, by Form (Flakes, Powder, Diluted), by Application (Polymers, Adhesives, Lubricants, Fragrance, Others) and Regional Forecasts 2022-2028

Global Brassylic Acid Market Size study, by Form (Flakes, Powder, Diluted), by Application (Polymers, Adhesives, Lubricants, Fragrance, Others) and Regional Forecasts 2022-2028

Global Brassylic Acid Market is valued at approximately USD 61.30 million in 2021 and is anticipated to grow with a healthy growth rate of more than 4.2% over the forecast period 2022-2028. Brassylic acid is a widely used raw material in a variety of sectors, including cosmetics, chemicals, and pharmaceuticals. Because of its wide application range, the brassylic acid market is likely to increase significantly in the approaching years. In the projected period, rising use of brassylic acid in various fields such as fragrance and nylon manufacturing industries is predicted to fuel the brassylic acid market revenue growth. For instance, according to a press release from the ""International Fragrance Association,"" fragrance industry’s sales in countries such as Europe, the Middle East, and Latin America totaled USD 8.03 billion in 2017. Moreover, rising industrial development propel the market growth in coming years. However, high cost of brassylic acid impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Brassylic Acid Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Europe is leading the market share globally, owing to growing market of perfumes and fragrances in France. However, Asia Pacific is expected to be the fastest growing region due to increasing use of brassylic acid in fragrance industries.

Major market players included in this report are:
Cathay Industrial Biotech
Zibo Guangtong Chemical Co. Ltd
Unisource Chemical Pvt. Ltd
Beyo Chemical Co. Ltd
Palmary Chemical
Shanghai Kaleys Holding Co. Ltd
Evonik Industries
Larodan AB
Nantong Senos Biotechnology Co. Ltd

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Application offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Form:
Flakes
Powder
Diluted
By Application:
Polymers
Adhesives
Lubricants
Fragrance
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Brassylic Acid Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Cathay Industrial Biotech
Zibo Guangtong Chemical Co. Ltd
Unisource Chemical Pvt. Ltd
Beyo Chemical Co. Ltd
Palmary Chemical
Shanghai Kaleys Holding Co. Ltd
Evonik Industries
Larodan AB
Nantong Senos Biotechnology Co. Ltd

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