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Brassylic Acid Market By Form, By Application: Global Opportunity Analysis and Industry Forecast, 2021-2030

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    Report

  • 210 Pages
  • June 2022
  • Region: Global
  • Allied Market Research
  • ID: 5671006
The global brassylic acid market size was valued at $61.3 million in 2021, and is projected to reach $90.4 million by 2030, growing at a CAGR of 4.2% from 2022-2030.

Brassylic acid is a family member of dicarboxylic acid market and is available in the market in the form of flakes, powder, or diluted. It is formed by performing ozonolysis process on erucic acid.

Brassylic acid offers many properties like strength, toughness, abrasion, and resistance. Due to these properties, brassylic acid is widely used in lubricants, adhesives, and polymer manufacturing. Also, it is widely used in the fragrance industry. These factors are anticipated to have a positive impact on global brassylic acid market share growth in the forecast time period.

The demand for brassylic acid in the lubricant and adhesive industry is continuously increasing, owing to high demand for good quality lubricants in industries like automobile and petroleum industries. Also, growing cosmetic industry and rising use of brassylic acid in perfumes is further likely to increase brassylic acid market size growth in the coming years.

However, the market growth is restricted due to availability of its alternate options. Nevertheless, rising industrial sectors like chemicals, and machinery and growing demand of brassylic acid in these industries is likely to accelerate market growth in future.

The global brassylic acid market is segmented on the basis of form and application. By form, the market is classified as flakes, powder, and diluted. By application, it is classified as polymers, adhesives, lubricants, fragrance, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in this report include Cathay Industrial Biotech, Palmary Chemical, Unisource Chemicals Pvt. Ltd., Zibo Guangtong Chemical Co., Ltd., Beyo Chemical Co., Ltd, Larodan Ab, Evonik Industries, Nantong Senos Biotechnology Co., Ltd., and Shanghai Kaleys Holding Co., Ltd.

Key Market Segments

By Form

  • Flakes
  • Powder
  • Diluted

By Application

  • Polymers
  • Adhesives
  • Lubricants
  • Fragrance
  • Others

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • United Kingdom
  • France
  • Spain
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of LAMEA

Key Market Players

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

Table of Contents

CHAPTER 1: INTRODUCTION
1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Top player positioning
3.5.Market dynamics
3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market
CHAPTER 4: BRASSYLIC ACID MARKET, BY FORM
4.1 Overview
4.1.1 Market size and forecast
4.2 Flakes
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Powder
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Diluted
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
CHAPTER 5: BRASSYLIC ACID MARKET, BY APPLICATION
5.1 Overview
5.1.1 Market size and forecast
5.2 Polymers
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Adhesives
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 Lubricants
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country
5.5 Fragrance
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market analysis by country
5.6 Others
5.6.1 Key market trends, growth factors and opportunities
5.6.2 Market size and forecast, by region
5.6.3 Market analysis by country
CHAPTER 6: BRASSYLIC ACID MARKET, BY REGION
6.1 Overview
6.1.1 Market size and forecast
6.2 North America
6.2.1 Key trends and opportunities
6.2.2 North America Market size and forecast, by Form
6.2.3 North America Market size and forecast, by Application
6.2.4 North America Market size and forecast, by country
6.2.4.1 U.S.
6.2.4.1.1 Market size and forecast, by Form
6.2.4.1.2 Market size and forecast, by Application
6.2.4.2 Canada
6.2.4.2.1 Market size and forecast, by Form
6.2.4.2.2 Market size and forecast, by Application
6.2.4.3 Mexico
6.2.4.3.1 Market size and forecast, by Form
6.2.4.3.2 Market size and forecast, by Application
6.3 Europe
6.3.1 Key trends and opportunities
6.3.2 Europe Market size and forecast, by Form
6.3.3 Europe Market size and forecast, by Application
6.3.4 Europe Market size and forecast, by country
6.3.4.1 Germany
6.3.4.1.1 Market size and forecast, by Form
6.3.4.1.2 Market size and forecast, by Application
6.3.4.2 United Kingdom
6.3.4.2.1 Market size and forecast, by Form
6.3.4.2.2 Market size and forecast, by Application
6.3.4.3 France
6.3.4.3.1 Market size and forecast, by Form
6.3.4.3.2 Market size and forecast, by Application
6.3.4.4 Spain
6.3.4.4.1 Market size and forecast, by Form
6.3.4.4.2 Market size and forecast, by Application
6.3.4.5 Italy
6.3.4.5.1 Market size and forecast, by Form
6.3.4.5.2 Market size and forecast, by Application
6.3.4.6 Rest of Europe
6.3.4.6.1 Market size and forecast, by Form
6.3.4.6.2 Market size and forecast, by Application
6.4 Asia-Pacific
6.4.1 Key trends and opportunities
6.4.2 Asia-Pacific Market size and forecast, by Form
6.4.3 Asia-Pacific Market size and forecast, by Application
6.4.4 Asia-Pacific Market size and forecast, by country
6.4.4.1 China
6.4.4.1.1 Market size and forecast, by Form
6.4.4.1.2 Market size and forecast, by Application
6.4.4.2 Japan
6.4.4.2.1 Market size and forecast, by Form
6.4.4.2.2 Market size and forecast, by Application
6.4.4.3 India
6.4.4.3.1 Market size and forecast, by Form
6.4.4.3.2 Market size and forecast, by Application
6.4.4.4 South Korea
6.4.4.4.1 Market size and forecast, by Form
6.4.4.4.2 Market size and forecast, by Application
6.4.4.5 Singapore
6.4.4.5.1 Market size and forecast, by Form
6.4.4.5.2 Market size and forecast, by Application
6.4.4.6 Rest of Asia-Pacific
6.4.4.6.1 Market size and forecast, by Form
6.4.4.6.2 Market size and forecast, by Application
6.5 LAMEA
6.5.1 Key trends and opportunities
6.5.2 LAMEA Market size and forecast, by Form
6.5.3 LAMEA Market size and forecast, by Application
6.5.4 LAMEA Market size and forecast, by country
6.5.4.1 Brazil
6.5.4.1.1 Market size and forecast, by Form
6.5.4.1.2 Market size and forecast, by Application
6.5.4.2 Saudi Arabia
6.5.4.2.1 Market size and forecast, by Form
6.5.4.2.2 Market size and forecast, by Application
6.5.4.3 UAE
6.5.4.3.1 Market size and forecast, by Form
6.5.4.3.2 Market size and forecast, by Application
6.5.4.4 South Africa
6.5.4.4.1 Market size and forecast, by Form
6.5.4.4.2 Market size and forecast, by Application
6.5.4.5 Rest of LAMEA
6.5.4.5.1 Market size and forecast, by Form
6.5.4.5.2 Market size and forecast, by Application
CHAPTER 7: COMPANY LANDSCAPE
7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Key developments
CHAPTER 8: COMPANY PROFILES
8.1 Cathay Industrial Biotech
8.1.1 Company overview
8.1.2 Company snapshot
8.1.3 Operating business segments
8.1.4 Product portfolio
8.1.5 Business performance
8.1.6 Key strategic moves and developments
8.2 Palmary Chemical
8.2.1 Company overview
8.2.2 Company snapshot
8.2.3 Operating business segments
8.2.4 Product portfolio
8.2.5 Business performance
8.2.6 Key strategic moves and developments
8.3 Unisource Chemical Pvt. Ltd
8.3.1 Company overview
8.3.2 Company snapshot
8.3.3 Operating business segments
8.3.4 Product portfolio
8.3.5 Business performance
8.3.6 Key strategic moves and developments
8.4 Zibo Guangtong Chemical Co. Ltd
8.4.1 Company overview
8.4.2 Company snapshot
8.4.3 Operating business segments
8.4.4 Product portfolio
8.4.5 Business performance
8.4.6 Key strategic moves and developments
8.5 Beyo Chemical Co. Ltd
8.5.1 Company overview
8.5.2 Company snapshot
8.5.3 Operating business segments
8.5.4 Product portfolio
8.5.5 Business performance
8.5.6 Key strategic moves and developments
8.6 Larodan AB
8.6.1 Company overview
8.6.2 Company snapshot
8.6.3 Operating business segments
8.6.4 Product portfolio
8.6.5 Business performance
8.6.6 Key strategic moves and developments
8.7 Evonik Industries
8.7.1 Company overview
8.7.2 Company snapshot
8.7.3 Operating business segments
8.7.4 Product portfolio
8.7.5 Business performance
8.7.6 Key strategic moves and developments
8.8 Nangtong Senos Biotechnology Co. Ltd
8.8.1 Company overview
8.8.2 Company snapshot
8.8.3 Operating business segments
8.8.4 Product portfolio
8.8.5 Business performance
8.8.6 Key strategic moves and developments
8.9 Shanghai Kaleys Holding Co. Ltd
8.9.1 Company overview
8.9.2 Company snapshot
8.9.3 Operating business segments
8.9.4 Product portfolio
8.9.5 Business performance
8.9.6 Key strategic moves and developments
List of Tables
Table 1. Global Brassylic Acid Market, by Form, 2021-2030,($Million)
Table 2. Brassylic Acid Market Revenue, for Flakes, by Region , 2021-2030,($Million)
Table 3. Brassylic Acid Market Flakes by Country, 2021-2030,($Million)
Table 4. Brassylic Acid Market Revenue, for Powder, by Region , 2021-2030,($Million)
Table 5. Brassylic Acid Market Powder by Country, 2021-2030,($Million)
Table 6. Brassylic Acid Market Revenue, for Diluted, by Region , 2021-2030,($Million)
Table 7. Brassylic Acid Market Diluted by Country, 2021-2030,($Million)
Table 8. Global Brassylic Acid Market, by Application, 2021-2030,($Million)
Table 9. Brassylic Acid Market Revenue, for Polymers, by Region , 2021-2030,($Million)
Table 10. Brassylic Acid Market Polymers by Country, 2021-2030,($Million)
Table 11. Brassylic Acid Market Revenue, for Adhesives, by Region , 2021-2030,($Million)
Table 12. Brassylic Acid Market Adhesives by Country, 2021-2030,($Million)
Table 13. Brassylic Acid Market Revenue, for Lubricants, by Region , 2021-2030,($Million)
Table 14. Brassylic Acid Market Lubricants by Country, 2021-2030,($Million)
Table 15. Brassylic Acid Market Revenue, for Fragrance, by Region , 2021-2030,($Million)
Table 16. Brassylic Acid Market Fragrance by Country, 2021-2030,($Million)
Table 17. Brassylic Acid Market Revenue, for Others, by Region , 2021-2030,($Million)
Table 18. Brassylic Acid Market Others by Country, 2021-2030,($Million)
Table 19. Brassylic Acid Market, by Region, 2021-2030,($Million)
Table 20. North America Brassylic Acid Market, by Form, 2021-2030,($Million)
Table 21. North America Brassylic Acid Market, by Application, 2021-2030,($Million)
Table 22. North America Brassylic Acid Market, by Country, 2021-2030,($Million)
Table 23. U.S. Brassylic Acid Market by Form 2021-2030,($Million)
Table 24. U.S. Brassylic Acid Market by Application 2021-2030,($Million)
Table 25. Canada Brassylic Acid Market by Form 2021-2030,($Million)
Table 26. Canada Brassylic Acid Market by Application 2021-2030,($Million)
Table 27. Mexico Brassylic Acid Market by Form 2021-2030,($Million)
Table 28. Mexico Brassylic Acid Market by Application 2021-2030,($Million)
Table 29. Europe Brassylic Acid Market, by Form, 2021-2030,($Million)
Table 30. Europe Brassylic Acid Market, by Application, 2021-2030,($Million)
Table 31. Europe Brassylic Acid Market, by Country, 2021-2030,($Million)
Table 32. Germany Brassylic Acid Market by Form 2021-2030,($Million)
Table 33. Germany Brassylic Acid Market by Application 2021-2030,($Million)
Table 34. United Kingdom Brassylic Acid Market by Form 2021-2030,($Million)
Table 35. United Kingdom Brassylic Acid Market by Application 2021-2030,($Million)
Table 36. France Brassylic Acid Market by Form 2021-2030,($Million)
Table 37. France Brassylic Acid Market by Application 2021-2030,($Million)
Table 38. Spain Brassylic Acid Market by Form 2021-2030,($Million)
Table 39. Spain Brassylic Acid Market by Application 2021-2030,($Million)
Table 40. Italy Brassylic Acid Market by Form 2021-2030,($Million)
Table 41. Italy Brassylic Acid Market by Application 2021-2030,($Million)
Table 42. Rest of Europe Brassylic Acid Market by Form 2021-2030,($Million)
Table 43. Rest of Europe Brassylic Acid Market by Application 2021-2030,($Million)
Table 44. Asia-Pacific Brassylic Acid Market, by Form, 2021-2030,($Million)
Table 45. Asia-Pacific Brassylic Acid Market, by Application, 2021-2030,($Million)
Table 46. Asia-Pacific Brassylic Acid Market, by Country, 2021-2030,($Million)
Table 47. China Brassylic Acid Market by Form 2021-2030,($Million)
Table 48. China Brassylic Acid Market by Application 2021-2030,($Million)
Table 49. Japan Brassylic Acid Market by Form 2021-2030,($Million)
Table 50. Japan Brassylic Acid Market by Application 2021-2030,($Million)
Table 51. India Brassylic Acid Market by Form 2021-2030,($Million)
Table 52. India Brassylic Acid Market by Application 2021-2030,($Million)
Table 53. South Korea Brassylic Acid Market by Form 2021-2030,($Million)
Table 54. South Korea Brassylic Acid Market by Application 2021-2030,($Million)
Table 55. Singapore Brassylic Acid Market by Form 2021-2030,($Million)
Table 56. Singapore Brassylic Acid Market by Application 2021-2030,($Million)
Table 57. Rest of Asia-Pacific Brassylic Acid Market by Form 2021-2030,($Million)
Table 58. Rest of Asia-Pacific Brassylic Acid Market by Application 2021-2030,($Million)
Table 59. LAMEA Brassylic Acid Market, by Form, 2021-2030,($Million)
Table 60. LAMEA Brassylic Acid Market, by Application, 2021-2030,($Million)
Table 61. LAMEA Brassylic Acid Market, by Country, 2021-2030,($Million)
Table 62. Brazil Brassylic Acid Market by Form 2021-2030,($Million)
Table 63. Brazil Brassylic Acid Market by Application 2021-2030,($Million)
Table 64. Saudi Arabia Brassylic Acid Market by Form 2021-2030,($Million)
Table 65. Saudi Arabia Brassylic Acid Market by Application 2021-2030,($Million)
Table 66. UAE Brassylic Acid Market by Form 2021-2030,($Million)
Table 67. UAE Brassylic Acid Market by Application 2021-2030,($Million)
Table 68. South Africa Brassylic Acid Market by Form 2021-2030,($Million)
Table 69. South Africa Brassylic Acid Market by Application 2021-2030,($Million)
Table 70. Rest of LAMEA Brassylic Acid Market by Form 2021-2030,($Million)
Table 71. Rest of LAMEA Brassylic Acid Market by Application 2021-2030,($Million)
Table 72. Cathay Industrial Biotech: Company Snapshot
Table 73. Cathay Industrial Biotech: Operating Segments
Table 74. Cathay Industrial Biotech: Product Portfolio
Table 75. Cathay Industrial Biotech: Net Sales
Table 76. Cathay Industrial Biotech: Key Stratergies
Table 77. Palmary Chemical: Company Snapshot
Table 78. Palmary Chemical: Operating Segments
Table 79. Palmary Chemical: Product Portfolio
Table 80. Palmary Chemical: Net Sales
Table 81. Palmary Chemical: Key Stratergies
Table 82. Unisource Chemical Pvt. Ltd: Company Snapshot
Table 83. Unisource Chemical Pvt. Ltd: Operating Segments
Table 84. Unisource Chemical Pvt. Ltd: Product Portfolio
Table 85. Unisource Chemical Pvt. Ltd: Net Sales
Table 86. Unisource Chemical Pvt. Ltd: Key Stratergies
Table 87. Zibo Guangtong Chemical Co. Ltd: Company Snapshot
Table 88. Zibo Guangtong Chemical Co. Ltd: Operating Segments
Table 89. Zibo Guangtong Chemical Co. Ltd: Product Portfolio
Table 90. Zibo Guangtong Chemical Co. Ltd: Net Sales
Table 91. Zibo Guangtong Chemical Co. Ltd: Key Stratergies
Table 92. Beyo Chemical Co. Ltd: Company Snapshot
Table 93. Beyo Chemical Co. Ltd: Operating Segments
Table 94. Beyo Chemical Co. Ltd: Product Portfolio
Table 95. Beyo Chemical Co. Ltd: Net Sales
Table 96. Beyo Chemical Co. Ltd: Key Stratergies
Table 97. Larodan Ab: Company Snapshot
Table 98. Larodan Ab: Operating Segments
Table 99. Larodan Ab: Product Portfolio
Table 100. Larodan Ab: Net Sales
Table 101. Larodan Ab: Key Stratergies
Table 102. Evonik Industries: Company Snapshot
Table 103. Evonik Industries: Operating Segments
Table 104. Evonik Industries: Product Portfolio
Table 105. Evonik Industries: Net Sales
Table 106. Evonik Industries: Key Stratergies
Table 107. Nangtong Senos Biotechnology Co. Ltd: Company Snapshot
Table 108. Nangtong Senos Biotechnology Co. Ltd: Operating Segments
Table 109. Nangtong Senos Biotechnology Co. Ltd: Product Portfolio
Table 110. Nangtong Senos Biotechnology Co. Ltd: Net Sales
Table 111. Nangtong Senos Biotechnology Co. Ltd: Key Stratergies
Table 112. Shanghai Kaleys Holding Co. Ltd: Company Snapshot
Table 113. Shanghai Kaleys Holding Co. Ltd: Operating Segments
Table 114. Shanghai Kaleys Holding Co. Ltd: Product Portfolio
Table 115. Shanghai Kaleys Holding Co. Ltd: Net Sales
Table 116. Shanghai Kaleys Holding Co. Ltd: Key Stratergies
List of Figures
Figure 1. Brassylic Acid Market Segmentation
Figure 2. Brassylic Acid Market,2021-2030
Figure 3. Brassylic Acid Market,2021-2030
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Brassylic Acid Market:Drivers, Restraints and Opportunities
Figure 12. Brassylic Acid Market,By Form,2021(%)
Figure 13. Comparative Share Analysis of Flakes Brassylic Acid Market,2021-2030(%)
Figure 14. Comparative Share Analysis of Powder Brassylic Acid Market,2021-2030(%)
Figure 15. Comparative Share Analysis of Diluted Brassylic Acid Market,2021-2030(%)
Figure 16. Brassylic Acid Market,By Application,2021(%)
Figure 17. Comparative Share Analysis of Polymers Brassylic Acid Market,2021-2030(%)
Figure 18. Comparative Share Analysis of Adhesives Brassylic Acid Market,2021-2030(%)
Figure 19. Comparative Share Analysis of Lubricants Brassylic Acid Market,2021-2030(%)
Figure 20. Comparative Share Analysis of Fragrance Brassylic Acid Market,2021-2030(%)
Figure 21. Comparative Share Analysis of Others Brassylic Acid Market,2021-2030(%)
Figure 22. Brassylic Acid Market by Region,2021
Figure 23. U.S. Brassylic Acid Market,2021-2030($Million)
Figure 24. Canada Brassylic Acid Market,2021-2030($Million)
Figure 25. Mexico Brassylic Acid Market,2021-2030($Million)
Figure 26. Germany Brassylic Acid Market,2021-2030($Million)
Figure 27. United Kingdom Brassylic Acid Market,2021-2030($Million)
Figure 28. France Brassylic Acid Market,2021-2030($Million)
Figure 29. Spain Brassylic Acid Market,2021-2030($Million)
Figure 30. Italy Brassylic Acid Market,2021-2030($Million)
Figure 31. Rest of Europe Brassylic Acid Market,2021-2030($Million)
Figure 32. China Brassylic Acid Market,2021-2030($Million)
Figure 33. Japan Brassylic Acid Market,2021-2030($Million)
Figure 34. India Brassylic Acid Market,2021-2030($Million)
Figure 35. South Korea Brassylic Acid Market,2021-2030($Million)
Figure 36. Singapore Brassylic Acid Market,2021-2030($Million)
Figure 37. Rest of Asia-Pacific Brassylic Acid Market,2021-2030($Million)
Figure 38. Brazil Brassylic Acid Market,2021-2030($Million)
Figure 39. Saudi Arabia Brassylic Acid Market,2021-2030($Million)
Figure 40. Uae Brassylic Acid Market,2021-2030($Million)
Figure 41. South Africa Brassylic Acid Market,2021-2030($Million)
Figure 42. Rest of LAMEA Brassylic Acid Market,2021-2030($Million)
Figure 43. Top Winning Strategies, by Year
Figure 44. Top Winning Strategies, by Development
Figure 45. Top Winning Strategies, by Company
Figure 46. Product Mapping of Top 10 Players
Figure 47. Competitive Dashboard
Figure 48. Competitive Heatmap of Top 10 Key Players
Figure 49. Cathay Industrial Biotech.: Net Sales ,($Million)
Figure 50. Palmary Chemical.: Net Sales ,($Million)
Figure 51. Unisource Chemical Pvt. Ltd.: Net Sales ,($Million)
Figure 52. Zibo Guangtong Chemical Co. Ltd.: Net Sales ,($Million)
Figure 53. Beyo Chemical Co. Ltd.: Net Sales ,($Million)
Figure 54. Larodan Ab.: Net Sales ,($Million)
Figure 55. Evonik Industries.: Net Sales ,($Million)
Figure 56. Nangtong Senos Biotechnology Co. Ltd.: Net Sales ,($Million)
Figure 57. Shanghai Kaleys Holding Co. Ltd.: Net Sales ,($Million)

Executive Summary

According to the report, titled, “Brassylic Acid Market," the brassylic acid market was valued at $61.30 million in 2021, and is estimated to reach $90.40 million by 2030, growing at a CAGR of 4.2% from 2022 to 2030.

Brassylic acids are dicarboxylic acids widely available in flakes, powder, and diluted. The chemical is majorly used in manufacturing nylon, lubricants, adhesives, and fragrances. It is made from erucic acid by the process of ozonolysis. The brassylic acid market share growth is likely to have a positive curve in the future due to its wide range of application in various fields including chemical industry.

The brassylic acid market is segmented on the basis of form and application. By form, the market is classified as flakes, powder, and diluted. By application, it is classified as polymers, lubricants, adhesives, fragrances and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in this report include Cathay Industrial Biotech, Palmary Chemical, Unisource Chemicals Pvt. Ltd., Zibo Guangtong Chemical Co., Ltd., Beyo Chemical Co., Ltd, Larodan Ab, Evonik Industries, Nantong Senos Biotechnology Co., Ltd., and Shanghai Kaleys Holding Co., Ltd.

The report focuses on the global Brassylic Acids market trends and the major products & applications, where brassylic acid is used, and roles of different key players that shape the market. The report focuses on the overall demand for Brassylic Acids in various countries, presenting data in terms of both value and volume. The revenue is calculated by proliferating the volume by region-specific prices, considering the region-wise differentiated prices.

According to Vitika Verma, Manager, Chemicals and Materials, “Rising usage of brassylic acid in the fragrance and polymer industry and other sectors has led to an increase in the demand for brassylic acid, which may act as the major driving factor for the brassylic acid market growth.”

IMPACT OF COVID-19 ON THE GLOBAL BRASSYLIC ACID MARKET

  • Brassylic acid is used in various industries like chemical and polymer industries. However, these sectors got highly impacted by lockdown imposed due to the COVID-19 outbreak and recorded a huge decline in 2020 due to less workforce and disrupted supply chain.
  • COVID-19 impacted almost all industries by hindering various industrial operations and disrupting the supply chain. Maximum companies halted their operation due to fewer workforces. Therefore, a major decline was observed the global brassylic acid market due to impact of COVID-19.
  • Furthermore, import and export activities were significantly impacted, which, in turn, adversely affected the industries using brassylic acid, thereby affecting the global brassylic acid market.
  • In the pandemic period, government imposed strict lockdown and common place gathering. Also, in the fear of viral infection transmission, the workforce also migrated to their home which also decreased the availability of workforce in the industrial sector. This factor has negatively impacted the brassylic acid production market in the pandemic period.

Companies Mentioned

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

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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