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Phenylacetic Acid-Global Market Insights and Sales Trends 2025
Synopsis
Phenylacetic acid (abr. PAA and synonyms are: α-toluic acid, benzeneacetic acid, alpha tolylic acid, 2-phenylacetic acid, β-phenylacetic acid) is an organic compound containing a phenyl functional group and a carboxylic acid functional group. It is a white solid with a disagreeable odor. Because it is used in the illicit production of phenylacetone (used in the manufacture of substituted amphetamines), it is subject to controls in countries including the United States and China.
The global Phenylacetic Acid market size is expected to reach US$ 64 million by 2029, growing at a CAGR of -1.6% from 2023 to 2029. The market is mainly driven by the significant applications of Phenylacetic Acid in various end use industries. The expanding demands from the Penicillin, Flavor and Fragrance, Pesticide and Others, are propelling Phenylacetic Acid market. Pharmaceutical Grade PAA, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Chemical Grade PAA segment is estimated at % CAGR for the next seven-year period.
The major players in global Phenylacetic Acid market include Hebei Chengxin, Hebei Zehao Biotechnology, etc. The top 2 players occupy about 40% shares of the global market. China is the main market, and occupies about 90% of the global market. Pharmaceutical Grade PAA is the main type, with a share about 90%. Penicillin is the main application, which holds a share about 80%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Phenylacetic Acid, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Phenylacetic Acid market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Phenylacetic Acid market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Phenylacetic Acid sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Phenylacetic Acid covered in this report include Hebei Chengxin, Hebei Zehao Biotechnology, White Deer, TUL, Alembic, Gow Chemical, Jinguan Chemical and SPI, etc.
The global Phenylacetic Acid market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Hebei Chengxin
Hebei Zehao Biotechnology
White Deer
TUL
Alembic
Gow Chemical
Jinguan Chemical
SPI
Global Phenylacetic Acid market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Phenylacetic Acid market, Segment by Type:
Pharmaceutical Grade PAA
Chemical Grade PAA
Global Phenylacetic Acid market, by Application
Penicillin
Flavor and Fragrance
Pesticide
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Phenylacetic Acid manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Phenylacetic Acid in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Phenylacetic acid (abr. PAA and synonyms are: α-toluic acid, benzeneacetic acid, alpha tolylic acid, 2-phenylacetic acid, β-phenylacetic acid) is an organic compound containing a phenyl functional group and a carboxylic acid functional group. It is a white solid with a disagreeable odor. Because it is used in the illicit production of phenylacetone (used in the manufacture of substituted amphetamines), it is subject to controls in countries including the United States and China.
The global Phenylacetic Acid market size is expected to reach US$ 64 million by 2029, growing at a CAGR of -1.6% from 2023 to 2029. The market is mainly driven by the significant applications of Phenylacetic Acid in various end use industries. The expanding demands from the Penicillin, Flavor and Fragrance, Pesticide and Others, are propelling Phenylacetic Acid market. Pharmaceutical Grade PAA, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Chemical Grade PAA segment is estimated at % CAGR for the next seven-year period.
The major players in global Phenylacetic Acid market include Hebei Chengxin, Hebei Zehao Biotechnology, etc. The top 2 players occupy about 40% shares of the global market. China is the main market, and occupies about 90% of the global market. Pharmaceutical Grade PAA is the main type, with a share about 90%. Penicillin is the main application, which holds a share about 80%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Phenylacetic Acid, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Phenylacetic Acid market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Phenylacetic Acid market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Phenylacetic Acid sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Phenylacetic Acid covered in this report include Hebei Chengxin, Hebei Zehao Biotechnology, White Deer, TUL, Alembic, Gow Chemical, Jinguan Chemical and SPI, etc.
The global Phenylacetic Acid market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Hebei Chengxin
Hebei Zehao Biotechnology
White Deer
TUL
Alembic
Gow Chemical
Jinguan Chemical
SPI
Global Phenylacetic Acid market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Phenylacetic Acid market, Segment by Type:
Pharmaceutical Grade PAA
Chemical Grade PAA
Global Phenylacetic Acid market, by Application
Penicillin
Flavor and Fragrance
Pesticide
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Phenylacetic Acid manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Phenylacetic Acid in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Phenylacetic Acid Market Overview
1.1 Phenylacetic Acid Product Overview
1.2 Phenylacetic Acid Market Segment by Type
1.2.1 Pharmaceutical Grade PAA
1.2.2 Chemical Grade PAA
1.3 Global Phenylacetic Acid Market Size by Type
1.3.1 Global Phenylacetic Acid Market Size Overview by Type (2018-2029)
1.3.2 Global Phenylacetic Acid Historic Market Size Review by Type (2018-2023)
1.3.3 Global Phenylacetic Acid Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Phenylacetic Acid Sales Breakdown by Type (2018-2023)
1.4.2 Europe Phenylacetic Acid Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Phenylacetic Acid Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Phenylacetic Acid Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Phenylacetic Acid Sales Breakdown by Type (2018-2023)
2 Global Phenylacetic Acid Market Competition by Company
2.1 Global Top Players by Phenylacetic Acid Sales (2018-2023)
2.2 Global Top Players by Phenylacetic Acid Revenue (2018-2023)
2.3 Global Top Players by Phenylacetic Acid Price (2018-2023)
2.4 Global Top Manufacturers Phenylacetic Acid Manufacturing Base Distribution, Sales Area, Product Type
2.5 Phenylacetic Acid Market Competitive Situation and Trends
2.5.1 Phenylacetic Acid Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Phenylacetic Acid Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Phenylacetic Acid as of 2022)
2.7 Date of Key Manufacturers Enter into Phenylacetic Acid Market
2.8 Key Manufacturers Phenylacetic Acid Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Phenylacetic Acid Status and Outlook by Region
3.1 Global Phenylacetic Acid Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Phenylacetic Acid Historic Market Size by Region
3.2.1 Global Phenylacetic Acid Sales in Volume by Region (2018-2023)
3.2.2 Global Phenylacetic Acid Sales in Value by Region (2018-2023)
3.2.3 Global Phenylacetic Acid Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Phenylacetic Acid Forecasted Market Size by Region
3.3.1 Global Phenylacetic Acid Sales in Volume by Region (2024-2029)
3.3.2 Global Phenylacetic Acid Sales in Value by Region (2024-2029)
3.3.3 Global Phenylacetic Acid Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Phenylacetic Acid by Application
4.1 Phenylacetic Acid Market Segment by Application
4.1.1 Penicillin
4.1.2 Flavor and Fragrance
4.1.3 Pesticide
4.1.4 Others
4.2 Global Phenylacetic Acid Market Size by Application
4.2.1 Global Phenylacetic Acid Market Size Overview by Application (2018-2029)
4.2.2 Global Phenylacetic Acid Historic Market Size Review by Application (2018-2023)
4.2.3 Global Phenylacetic Acid Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Phenylacetic Acid Sales Breakdown by Application (2018-2023)
4.3.2 Europe Phenylacetic Acid Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Phenylacetic Acid Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Phenylacetic Acid Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Phenylacetic Acid Sales Breakdown by Application (2018-2023)
5 North America Phenylacetic Acid by Country
5.1 North America Phenylacetic Acid Historic Market Size by Country
5.1.1 North America Phenylacetic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Phenylacetic Acid Sales in Volume by Country (2018-2023)
5.1.3 North America Phenylacetic Acid Sales in Value by Country (2018-2023)
5.2 North America Phenylacetic Acid Forecasted Market Size by Country
5.2.1 North America Phenylacetic Acid Sales in Volume by Country (2024-2029)
5.2.2 North America Phenylacetic Acid Sales in Value by Country (2024-2029)
6 Europe Phenylacetic Acid by Country
6.1 Europe Phenylacetic Acid Historic Market Size by Country
6.1.1 Europe Phenylacetic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Phenylacetic Acid Sales in Volume by Country (2018-2023)
6.1.3 Europe Phenylacetic Acid Sales in Value by Country (2018-2023)
6.2 Europe Phenylacetic Acid Forecasted Market Size by Country
6.2.1 Europe Phenylacetic Acid Sales in Volume by Country (2024-2029)
6.2.2 Europe Phenylacetic Acid Sales in Value by Country (2024-2029)
7 Asia-Pacific Phenylacetic Acid by Region
7.1 Asia-Pacific Phenylacetic Acid Historic Market Size by Region
7.1.1 Asia-Pacific Phenylacetic Acid Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Phenylacetic Acid Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Phenylacetic Acid Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Phenylacetic Acid Forecasted Market Size by Region
7.2.1 Asia-Pacific Phenylacetic Acid Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Phenylacetic Acid Sales in Value by Region (2024-2029)
8 Latin America Phenylacetic Acid by Country
8.1 Latin America Phenylacetic Acid Historic Market Size by Country
8.1.1 Latin America Phenylacetic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Phenylacetic Acid Sales in Volume by Country (2018-2023)
8.1.3 Latin America Phenylacetic Acid Sales in Value by Country (2018-2023)
8.2 Latin America Phenylacetic Acid Forecasted Market Size by Country
8.2.1 Latin America Phenylacetic Acid Sales in Volume by Country (2024-2029)
8.2.2 Latin America Phenylacetic Acid Sales in Value by Country (2024-2029)
9 Middle East and Africa Phenylacetic Acid by Country
9.1 Middle East and Africa Phenylacetic Acid Historic Market Size by Country
9.1.1 Middle East and Africa Phenylacetic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Phenylacetic Acid Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Phenylacetic Acid Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Phenylacetic Acid Forecasted Market Size by Country
9.2.1 Middle East and Africa Phenylacetic Acid Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Phenylacetic Acid Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Hebei Chengxin
10.1.1 Hebei Chengxin Company Information
10.1.2 Hebei Chengxin Introduction and Business Overview
10.1.3 Hebei Chengxin Phenylacetic Acid Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Hebei Chengxin Phenylacetic Acid Products Offered
10.1.5 Hebei Chengxin Recent Development
10.2 Hebei Zehao Biotechnology
10.2.1 Hebei Zehao Biotechnology Company Information
10.2.2 Hebei Zehao Biotechnology Introduction and Business Overview
10.2.3 Hebei Zehao Biotechnology Phenylacetic Acid Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Hebei Zehao Biotechnology Phenylacetic Acid Products Offered
10.2.5 Hebei Zehao Biotechnology Recent Development
10.3 White Deer
10.3.1 White Deer Company Information
10.3.2 White Deer Introduction and Business Overview
10.3.3 White Deer Phenylacetic Acid Sales, Revenue and Gross Margin (2018-2023)
10.3.4 White Deer Phenylacetic Acid Products Offered
10.3.5 White Deer Recent Development
10.4 TUL
10.4.1 TUL Company Information
10.4.2 TUL Introduction and Business Overview
10.4.3 TUL Phenylacetic Acid Sales, Revenue and Gross Margin (2018-2023)
10.4.4 TUL Phenylacetic Acid Products Offered
10.4.5 TUL Recent Development
10.5 Alembic
10.5.1 Alembic Company Information
10.5.2 Alembic Introduction and Business Overview
10.5.3 Alembic Phenylacetic Acid Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Alembic Phenylacetic Acid Products Offered
10.5.5 Alembic Recent Development
10.6 Gow Chemical
10.6.1 Gow Chemical Company Information
10.6.2 Gow Chemical Introduction and Business Overview
10.6.3 Gow Chemical Phenylacetic Acid Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Gow Chemical Phenylacetic Acid Products Offered
10.6.5 Gow Chemical Recent Development
10.7 Jinguan Chemical
10.7.1 Jinguan Chemical Company Information
10.7.2 Jinguan Chemical Introduction and Business Overview
10.7.3 Jinguan Chemical Phenylacetic Acid Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Jinguan Chemical Phenylacetic Acid Products Offered
10.7.5 Jinguan Chemical Recent Development
10.8 SPI
10.8.1 SPI Company Information
10.8.2 SPI Introduction and Business Overview
10.8.3 SPI Phenylacetic Acid Sales, Revenue and Gross Margin (2018-2023)
10.8.4 SPI Phenylacetic Acid Products Offered
10.8.5 SPI Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Phenylacetic Acid Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Phenylacetic Acid Industrial Chain Analysis
11.4 Phenylacetic Acid Market Dynamics
11.4.1 Phenylacetic Acid Industry Trends
11.4.2 Phenylacetic Acid Market Drivers
11.4.3 Phenylacetic Acid Market Challenges
11.4.4 Phenylacetic Acid Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Phenylacetic Acid Distributors
12.3 Phenylacetic Acid Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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