Azelaic Acid Market, by Product Type (Polymer Grade, Pharma Grade, and Technical Grade), by Application (Pharmaceutical, Adhesives, Plastics, Lubricants, Personal Care & Cosmetics, and Others (Plasticizers, etc.)), and by Region (North America, Latin Amer

Azelaic Acid Market, by Product Type (Polymer Grade, Pharma Grade, and Technical Grade), by Application (Pharmaceutical, Adhesives, Plastics, Lubricants, Personal Care & Cosmetics, and Others (Plasticizers, etc.)), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Azelaic acid kills the bacteria which can affect the skin as well as it also reduces production of the keratin which is responsible for the acne bacteria. Azelaic acid works significantly in polymer and related industrial materials. The application of the azelaic acid in the pharmaceutical industry plays an important role for the treatment of the acne.
Market Dynamics
Growing application of resins and polymers across the globe is driving the target market growth. Polymers & resins are replacing conventional materials such as metals, glass, and wood due to their light weight, superior strength, design flexibility, and lower cost. This has led to their widespread use in end-use industries such as packaging, automotive, building & construction, and electronics.
The demand for polymers is primarily driven by growth of the automotive, packaging, building & construction, electronics, transport rails, and telecommunication industries among others. The plastics industry is the largest consumer of polymers and resins across the globe. The global plastic industry is growing significantly and is constantly contributing to the economic development of countries such as China, India, and many more, across the globe in numerous sectors such as construction, electronics, automotive, healthcare, and others.
Moreover, key players are focusing on various strategies such as business expansions. For instance, in September 2021, Croda International Plc, a multinational company that utilizes smart science to develop high-performance products and technologies, established its Product Validation Centre. This cutting-edge facility is specialized in serving the agrichemical market by results acquired in formulation, microbiological, and seed treatment facilities, and is located in Holambra, Brazil.
Key features of the study:
This report provides in-depth analysis of azelaic acid market, and provides market size (US$ Million & KT) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global azelaic acid market based on the following parameters – company overview, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include BASF SE, Croda International plc, Emery Oleochemicals, Haihang Industry Co., Ltd, Jiangsu Senxuan Pharmaceutical and Chemical Co., Ltd., Matrica S.p.A., Nantong Hengxing Electronic Materials Co., Ltd., Nantong Jinghua Pharmaceutical Co., Ltd., Wufeng Chicheng Biotech Co., Ltd., and Xi'an Sonwu Biotech Co., Ltd.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology up gradation, market expansion, and marketing tactics
The global azelaic acid market report caters to various stakeholders in this industry including investors, suppliers, azelaic acid manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global azelaic acid market
Detailed Segmentation:
Global Azelaic Acid Market, By Product Type:
Polymer Grade
Pharma Grade
Technical Grade
Global Azelaic Acid Market, By Application:
Pharmaceutical
Adhesives
Plastics
Lubricants
Personal Care & Cosmetics
Others (Plasticizers, etc.)
Global Azelaic Acid Market, By Region:
North America
By Product Type:
Polymer Grade
Pharma Grade
Technical Grade
By Application:
Pharmaceutical
Adhesives
Plastics
Lubricants
Personal Care & Cosmetics
Others (Plasticizers, etc.)
By Country
U.S.
Canada
Latin America
By Product Type:
Polymer Grade
Pharma Grade
Technical Grade
By Application:
Pharmaceutical
Adhesives
Plastics
Lubricants
Personal Care & Cosmetics
Others (Plasticizers, etc.)
By Country:
Brazil
Argentina
Mexico
Rest of Latin America
Europe
By Product Type:
Polymer Grade
Pharma Grade
Technical Grade
By Application:
Pharmaceutical
Adhesives
Plastics
Lubricants
Personal Care & Cosmetics
Others (Plasticizers, etc.)
By Country
U.K.
Germany
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Product Type:
Polymer Grade
Pharma Grade
Technical Grade
By Application:
Pharmaceutical
Adhesives
Plastics
Lubricants
Personal Care & Cosmetics
Others (Plasticizers, etc.)
By Country
China
Japan
India
South Korea
ASEAN
Australia
Rest of Asia Pacific
Middle East & Africa
By Product Type:
Polymer Grade
Pharma Grade
Technical Grade
By Application:
Pharmaceutical
Adhesives
Plastics
Lubricants
Personal Care & Cosmetics
Others (Plasticizers, etc.)
By Sub-Region
Middle East
Africa
Company Profiles
BASF SE*
Company Overview
Product Portfolio
Key Strategies
Recent Developments
Future Plans
Croda International plc
Emery Oleochemicals
Haihang Industry Co., Ltd
Jiangsu Senxuan Pharmaceutical and Chemical Co., Ltd.
Matrica S.p.A.
Nantong Hengxing Electronic Materials Co., Ltd.
Nantong Jinghua Pharmaceutical Co., Ltd.
Wufeng Chicheng Biotech Co., Ltd.
Xi'an Sonwu Biotech Co., Ltd
“*” marked represents similar segmentation in other categories in the respective section.