Global Barbituric Acid Market Growth 2023-2029

Global Barbituric Acid Market Growth 2023-2029

Barbituric acid or malonylurea or 6-hydroxyuracil is an organic compound based on a pyrimidine heterocyclic skeleton. It is an odorless powder soluble in water. Barbituric acid is the parent compound of barbiturate drugs, although barbituric acid itself is not pharmacologically active.

LPI (LP Information)' newest research report, the “Barbituric Acid Industry Forecast” looks at past sales and reviews total world Barbituric Acid sales in 2022, providing a comprehensive analysis by region and market sector of projected Barbituric Acid sales for 2023 through 2029. With Barbituric Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Barbituric Acid industry.

This Insight Report provides a comprehensive analysis of the global Barbituric 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 Barbituric Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Barbituric Acid market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Barbituric 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 Barbituric Acid.

The global Barbituric Acid market size is projected to grow from US$ 20 million in 2022 to US$ 27 million in 2029; it is expected to grow at a CAGR of 27 from 2023 to 2029.

The major manufacturers in the global barbituric acid market are Zhengzhou Lifeng Chemical and Hebei Chengxin, etc., and the former two manufacturers account for about 85% of the market share.

Among them, Zhengzhou Lifeng Chemical accounted for about 75 percent of the market share.

China is the largest barbituric acid market, with a market share of about 95%.

This report presents a comprehensive overview, market shares, and growth opportunities of Barbituric Acid market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Pharmaceutical Grade Barbituric Acid
Industrial Grade Barbituric Acid

Segmentation by application
VB2
Barbiturate
Dye Intermediates
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Zhengzhou Lifeng Chemical
Hebei Chengxin

Key Questions Addressed in this Report

What is the 10-year outlook for the global Barbituric Acid market?

What factors are driving Barbituric Acid market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Barbituric Acid market opportunities vary by end market size?

How does Barbituric Acid break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.