Global Isatoic Acid Anhydride Market 2023-2029
Isatoic acid anhydride is a chemical compound with the molecular formula C9H5NO3. It is also used in the manufacture of dyes, pharmaceuticals, and agrochemicals. Isatoic acid anhydride reacts with amines to form isatoic acid hydrazides, which are widely used as intermediates in the synthesis of various bioactive compounds. It is also used in the preparation of isatoic anhydride derivatives, which are used as inhibitors of protein tyrosine phosphatases. The global isatoic acid anhydride market is likely to register a CAGR of over 2.92% with an incremental growth of USD 10.0 million during the forecast period 2023-2029.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global isatoic acid anhydride market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the application, end user, and region. The global market for isatoic acid anhydride can be segmented by application: dyes & pigments, pesticides, herbicides, saccharin, flavors, others. The pesticides segment captured the largest share of the market in 2022. Isatoic acid anhydride market is further segmented by end user: pharmaceuticals, agrochemicals, perfume, food and beverages, others. The pharmaceuticals segment held the largest share of the global isatoic acid anhydride market in 2022 and is anticipated to hold its share during the forecast period. Based on region, the isatoic acid anhydride market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. In 2022, Asia-Pacific made up the largest share of revenue generated by the isatoic acid anhydride market.
Market Segmentation
By application: dyes & pigments, pesticides, herbicides, saccharin, flavors, others
By end user: pharmaceuticals, agrochemicals, perfume, food and beverages, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The global isatoic acid anhydride market is a concentrated industry dominated by only a few players including BASF SE, Dow Chemical Company, among others.
Scope of the Report
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