p-Aminobenzoic Acid (PABA) is a key chemical intermediate valued for its versatility in pharmaceuticals, dyes, and sunscreens. Known for its role in UV protection and as a precursor in drug synthesis, PABA’s market is small but stable, estimated at 6 to 12 million USD by 2025, with a CAGR of 2.4% to 5.4% through 2030, driven by niche applications and export dynamics from China.
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- Regional Trends and Market Dynamics
- Applications and Growth Trends
- Pharmaceutical: Used in drugs like benzocaine, growth is 2.8% to 5.8%, driven by healthcare demand.
- Dye: Intermediate for azo dyes, growing at 2.0% to 4.5%, limited by sustainable dye shifts.
- Sunscreen: Including ethoxylated derivatives, growth is 2.5% to 5.0%, challenged by alternative UV filters.
- Others: Minor uses grow at 1.5% to 3.5%.
Key Market Players
- Zhejiang Youchuang Material Technology Co. Ltd: 200-ton capacity, export-focused.
- Changzhou Sunlight Pharmaceutical Co. Ltd: 800-ton capacity, serving pharma and sunscreen markets.
- Anshan Hifichem CO. LTD: 500-ton capacity, self-using for dyes.
Porter’s Five Forces Analysis
- Threat of New Entrants: Low. Regulatory and scale barriers prevail.
- Bargaining Power of Suppliers: Low. Abundant raw materials reduce leverage.
- Bargaining Power of Buyers: Moderate. Niche applications limit options.
- Threat of Substitutes: High. New UV filters and intermediates compete.
- Competitive Rivalry: Low. Focused on niche stability.
Opportunities and Challenges
Opportunities lie in export growth and pharma innovation, while challenges include substitute pressure and regulatory costs.- Benzocaine Market Summary
- Regional Trends and Market Dynamics
- China dominates production, with growth at 2.8% to 5.5%, while North America and Europe range from 2.0% to 4.5%, limited by regulatory shifts.
- Applications and Growth Trends
- Pharmaceutical: Including gels and cough suppressants, growth is 2.5% to 5.5%.
- Plastic Additives: As antioxidants, growth is 2.0% to 4.5%.
- Others: Minor uses grow at 1.5% to 3.5%.
Key Market Players
- Zhejiang Youchuang Material Technology Co. Ltd: 400-ton capacity.
- Changzhou Sunlight Pharmaceutical Co. Ltd: 150-ton capacity.
- Hubei Huida High-Tech: 353-ton capacity.
Porter’s Five Forces Analysis
- Threat of New Entrants: Low. High barriers persist.
- Bargaining Power of Suppliers: Low. Raw materials are accessible.
- Bargaining Power of Buyers: Moderate. Substitutes influence choices.
- Threat of Substitutes: High. Alternative anesthetics compete.
- Competitive Rivalry: Low. Niche focus reduces conflict.
Opportunities and Challenges
Opportunities include pharma expansion, while challenges involve regulatory tightening and substitute threats.This product will be delivered within 1-3 business days.
Table of Contents
Chapter 1 Executive SummaryChapter 2 Abbreviation and Acronyms
Chapter 3 Preface
Chapter 4 Market Landscape
Chapter 5 Market Trend Analysis
Chapter 6 Industry Chain Analysis
Chapter 7 Latest Market Dynamics
Chapter 8 Trading Analysis
Chapter 9 Historical and Forecast P-Aminobenzoic Acid (Paba) Market in North America (2020-2030)
Chapter 10 Historical and Forecast P-Aminobenzoic Acid (Paba) Market in South America (2020-2030)
Chapter 11 Historical and Forecast P-Aminobenzoic Acid (Paba) Market in Asia & Pacific (2020-2030)
Chapter 12 Historical and Forecast P-Aminobenzoic Acid (Paba) Market in Europe (2020-2030)
Chapter 13 Historical and Forecast P-Aminobenzoic Acid (Paba) Market in MEA (2020-2030)
Chapter 14 Summary For Global P-Aminobenzoic Acid (Paba) Market (2020-2025)
Chapter 15 Global P-Aminobenzoic Acid (Paba) Market Forecast (2025-2030)
Chapter 16 Analysis of Global Key Vendors
List of Tables and Figures
Companies Mentioned
- Zhejiang Youchuang Material Technology Co. Ltd
- Changzhou Sunlight Pharmaceutical Co. Ltd.
- Anshan Hifichem CO. LTD.
