Pelargonic Acid Market, By Grade, By Application (Detergents, Lubricants, Lacquer & Coatings, Herbicide, Food Additives, Others ), By Geography

Description

The global pelargonic acid market was valued at US$ 185.4 Mn in 2022, and is expected to exhibit a CAGR of 6.7% over the forecast period (2023-2030) to reach US$ 310.5 Mn by 2030.

Report Coverage		Report Details
Base Year:	2022	Market Size in 2023:	US$ 185.4 Mn
Historical Data for:	2018 to 2021	Forecast Period:	2023 - 2030
Forecast Period 2023 to 2030 CAGR:	6.70%	2030 Value Projection:	US$ 310.5 Mn

Figure 1. Global Pelargonic Acid Market, By Application, 2022

Pelargonic acid is a specialized organic chemical molecule that is produced both naturally and chemically as esters. It is a white liquid chemical with a foul stench. Pelargonic acid is slightly soluble in water but miscible in a variety of organic solvents such as alcohols. Furthermore, the pelargonic acid ammonium salt is employed as a pesticide, particularly as a plant protection pesticide (herbicides). Herbicides react by destroying the plant's waxy cuticle (hydroxy fatty acid), resulting in cell leakage, disruption, and desiccation death.

Pelargonic acid does not have the same qualities as other chemicals used in chemical plants, making it less dangerous and harmful. Pelargonic acid is an antifungal substance that is also used to make plasticizers and lacquers. Nonanoate refers to the salts and esters of pelargonic conjugate acids. Nonanoate is made from nonane hydride. Furthermore, it can be found in very small amounts in a variety of commonly consumed foods such as goat's milk, apples, and grapes.

Market Dynamics

Due to the increased adoption of herbicides or plant protection pesticides to control weeds in plants and turfgrass, pelargonic acid or nonanoic acid consumption is expected to grow significantly over the forecast period. Pesticides, particularly herbicides, have seen significant expansion in recent years all around the world. Due to the rising demand for herbicides, the ammonium salt of pelargonic acid, ammonium nonanote, has seen excellent growth,This is expected to set the stage for a strong global increase in pelargonic acids over the next few years.

During the projected period, the limited application of pelargonic acid and the use of alternatives are expected to restrain the global pelargonic acid market growth.

Key features of the study:

This report provides an in-depth analysis of the global pelargonic acid market size (US$ MN & KT), and Compound Annual Growth Rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights into market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading players
It profiles leading players in the global pelargonic acid market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
The key companies covered as a part of this study include Central Drug House, Croda International Plc., Emery Oleochemicals, Glentham Life Sciences Limited, Haihang Industry, Kunshan Odowell Co., Ltd, Matrica S.p.A, OQ Chemicals GmbH, Tokyo Chemical Industry Co., Ltd., and Zhengzhou Yibang Industry & Commerce Co., Ltd.
Insights from this report would allow marketers and the management authorities of companies to make informed decisions regarding their future product launches, Technology up-gradation, market expansion, and marketing tactics
The global pelargonic acid market report caters to various stakeholders in this industry including investors, suppliers, pelargonic acid manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global pelargonic acid market

Pelargonic Acid Market Detailed Segmentation:

By Grade:
- Natural Grade
- Synthetic Grade
By Application:
- Detergents
- Lubricants
- Lacquer & Coatings
- Herbicide
- Food Additives
- Others (Personal Care & Cosmetics, and Others)
By Region:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
Company Profiles
- Central Drug House
- Croda International Plc.
- Emery Oleochemicals
- Glentham Life Sciences Limited
- Haihang Industry
- Kunshan Odowell Co., Ltd
- Matrica S.p.A
- OQ Chemicals GmbH
- Tokyo Chemical Industry Co., Ltd.
- Zhengzhou Yibang Industry & Commerce Co., Ltd.

Product Code: CMI4816

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Grade
- Market Snippet, By Application
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
Supply Side Drivers
Demand Side Drivers
Economic Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trends
- PEST Analysis
- PORTER's Analysis
- New Product Approvals/Launches
- Mergers, Acquisitions and Collaborations

4. Global Pelargonic Acid Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting the Pelargonic Acid Market
COVID-19 Impact Analysis

5. Global Pelargonic Acid Market, By Grade, 2018- 2030 (US$ Mn & KT)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2023 - 2030
- Segment Trends
Natural Grade
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Synthetic Grade
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)

6. Global Pelargonic Acid Market, By Application, 2023 - 2030 (US$ Mn & KT)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2023 - 2030
- Segment Trends
Detergents
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Lubricants
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Lacquer & Coatings
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Herbicide
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
Food Additives
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
Others (Personal Care & Cosmetics, and Others )
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)

7. Global Pelargonic Acid Market, By Region, 2023 - 2030 (US$ Mn & KT)

Introduction
- Market Share Analysis, By Region, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country/Region, 2023 - 2030
North America
- U.S.
Country Trends
Market Size and Forecast, By Grade, 2023- 2030 (US$ Mn & KT)
Market Size and Forecast, By Application, 2023- 2030 (US$ Mn & KT)
- Canada
Country Trends
Market Size and Forecast, By Grade, 2023- 2030 (US$ Mn & KT)
Market Size and Forecast, By Application, 2023- 2030 (US$ Mn & KT)
Latin America
- Brazil
Country Trends
Market Size and Forecast, By Grade, 2023- 2030 (US$ Mn & KT)
Market Size and Forecast, By Application, 2023- 2030 (US$ Mn & KT)
- Mexico
Country Trends
Market Size and Forecast, By Grade, 2023- 2030 (US$ Mn & KT)
Market Size and Forecast, By Application, 2023- 2030 (US$ Mn & KT)
- Argentina
Country Trends
Market Size and Forecast, By Grade, 2023- 2030 (US$ Mn & KT)
Market Size and Forecast, By Application, 2023- 2030 (US$ Mn & KT)
- Rest of Latin America
Country Trends
Market Size and Forecast, By Grade, 2023- 2030 (US$ Mn & KT)
Market Size and Forecast, By Application, 2023- 2030 (US$ Mn & KT)
Europe
- U.K.
Country Trends
Market Size and Forecast, By Grade, 2023- 2030 (US$ Mn & KT)
Market Size and Forecast, By Application, 2023- 2030 (US$ Mn & KT)
- Germany
Country Trends
Market Size and Forecast, By Grade, 2023- 2030 (US$ Mn & KT)
Market Size and Forecast, By Application, 2023- 2030 (US$ Mn & KT)
- Italy
Country Trends
Market Size and Forecast, By Grade, 2023- 2030 (US$ Mn & KT)
Market Size and Forecast, By Application, 2023- 2030 (US$ Mn & KT)
- Spain
Country Trends
Market Size and Forecast, By Grade, 2023- 2030 (US$ Mn & KT)
Market Size and Forecast, By Application, 2023- 2030 (US$ Mn & KT)
- Russia
Country Trends
Market Size and Forecast, By Grade, 2023- 2030 (US$ Mn & KT)
Market Size and Forecast, By Application, 2023- 2030 (US$ Mn & KT)
- France
Country Trends
Market Size and Forecast, By Grade, 2023- 2030 (US$ Mn & KT)
Market Size and Forecast, By Application, 2023- 2030 (US$ Mn & KT)
- Rest of Europe
Country Trends
Market Size and Forecast, By Grade, 2023- 2030 (US$ Mn & KT)
Market Size and Forecast, By Application, 2023- 2030 (US$ Mn & KT)
Asia Pacific
- China
Country Trends
Market Size and Forecast, By Grade, 2023- 2030 (US$ Mn & KT)
Market Size and Forecast, By Application, 2023- 2030 (US$ Mn & KT)
- India
Country Trends
Market Size and Forecast, By Grade, 2023- 2030 (US$ Mn & KT)
Market Size and Forecast, By Application, 2023- 2030 (US$ Mn & KT)
- Japan
Country Trends
Market Size and Forecast, By Grade, 2023- 2030 (US$ Mn & KT)
Market Size and Forecast, By Application, 2023- 2030 (US$ Mn & KT)
- South Korea
Country Trends
Market Size and Forecast, By Grade, 2023- 2030 (US$ Mn & KT)
Market Size and Forecast, By Application, 2023- 2030 (US$ Mn & KT)
- ASEAN
Country Trends
Market Size and Forecast, By Grade, 2023- 2030 (US$ Mn & KT)
Market Size and Forecast, By Application, 2023- 2030 (US$ Mn & KT)
- Australia
Country Trends
Market Size and Forecast, By Grade, 2023- 2030 (US$ Mn & KT)
Market Size and Forecast, By Application, 2023- 2030 (US$ Mn & KT)
- Rest of Asia Pacific
Country Trends
Market Size and Forecast, By Grade, 2023- 2030 (US$ Mn & KT)
Market Size and Forecast, By Application, 2023- 2030 (US$ Mn & KT)
Middle East & Africa
- GCC Countries
Sub-Regionsrends
Market Size and Forecast, By Grade, 2023- 2030 (US$ Mn & KT)
Market Size and Forecast, By Application, 2023- 2030 (US$ Mn & KT)
- South Africa
Country Trends
Market Size and Forecast, By Grade, 2023- 2030 (US$ Mn & KT)
Market Size and Forecast, By Application, 2023- 2030 (US$ Mn & KT)
- Rest of Middle East & Africa
Country Trends
Market Size and Forecast, By Grade, 2023- 2030 (US$ Mn & KT)
Market Size and Forecast, By Application, 2023- 2030 (US$ Mn & KT)

8. Competitive Landscape

Company Profiles
- Central Drug House
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
- Croda International Plc.
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
- Emery Oleochemicals
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
- Glentham Life Sciences Limited
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
- Haihang Industry
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
- Kunshan Odowell Co., Ltd
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
- Matrica S.p.A
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
- OQ Chemicals GmbH
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
- Tokyo Chemical Industry Co., Ltd.
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
- Zhengzhou Yibang Industry & Commerce Co., Ltd
References Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Analysts' Views

9. Section

Research Methodology
About us and Sales Contact