Global 6-(Trifluoromethyl)nicotinic Acid Market Growth 2024-2030
6-(Trifluoromethyl)nicotinic acid, also known as TFNA or 6-TFNA, is an organic compound with the chemical formula C8H4F3NO2. It is a derivative of nicotinic acid, which is a type of pyridine carboxylic acid. TFNA is characterized by the presence of a trifluoromethyl group (-CF3) attached to the sixth position of the pyridine ring. This modification affects the chemical and physical properties of the compound. TFNA is often used as a building block or starting material in the synthesis of various organic compounds, including pharmaceuticals and agrochemicals. The trifluoromethyl group can enhance the biological activity or stability of the resulting molecules.
The global 6-(Trifluoromethyl)nicotinic Acid market size is projected to grow from US$ 2.8 million in 2024 to US$ 3.6 million in 2030; it is expected to grow at a CAGR of 4.3% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “6-(Trifluoromethyl)nicotinic Acid Industry Forecast” looks at past sales and reviews total world 6-(Trifluoromethyl)nicotinic Acid sales in 2023, providing a comprehensive analysis by region and market sector of projected 6-(Trifluoromethyl)nicotinic Acid sales for 2024 through 2030. With 6-(Trifluoromethyl)nicotinic Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world 6-(Trifluoromethyl)nicotinic Acid industry.
This Insight Report provides a comprehensive analysis of the global 6-(Trifluoromethyl)nicotinic 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 6-(Trifluoromethyl)nicotinic Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global 6-(Trifluoromethyl)nicotinic Acid market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 6-(Trifluoromethyl)nicotinic 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 6-(Trifluoromethyl)nicotinic Acid.
Global key players of 6-(Trifluoromethyl)nicotinic Acid include Changzhou Josen Pharmaceutical, Changzhou Aodi Chemical Technology, Shanghai Abotchem, etc. The top three players hold a share over 29%. Asia-Pacific is the largest market, and has a share about 90%, followed by North America and Europe with share 6% and 4%, separately. In terms of product type, 99% Purity is the largest segment, occupied for a share of 94%. In terms of application, Pharmaceutical Intermediates has a share about 84 percent.
This report presents a comprehensive overview, market shares, and growth opportunities of 6-(Trifluoromethyl)nicotinic Acid market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
99% Purity
Below 99% Purity
Segmentation by Application:
Pharmaceutical Intermediates
Organic Synthesis
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 analysing the company's coverage, product portfolio, its market penetration.
Changzhou Josen Pharmaceutical
Changzhou Aodi Chemical Technology
Sandoo Pharmaceuticals and Chemical
Shanghai Abotchem
Quzhou Rundong Chemical
Construe Chemical
Key Questions Addressed in this Report
What is the 10-year outlook for the global 6-(Trifluoromethyl)nicotinic Acid market?
What factors are driving 6-(Trifluoromethyl)nicotinic Acid market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do 6-(Trifluoromethyl)nicotinic Acid market opportunities vary by end market size?
How does 6-(Trifluoromethyl)nicotinic Acid break out by Type, by Application?
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