The global Anthranilic Acid Market was 120 million US$ in 2018 and is expected to 140 million US$ by the end of 2025, growing at a CAGR of 1.6% between 2019 and 2025.
Anthranilic acid, a white or yellowish solid powder, is an aromatic acid with the formula C6H4(NH2)(CO2H). It is also called 2-aminobenzoic acid or o-amino-benzoic acid and has been widely used as intermediates in the dye industries, medical industries and so on.
The Anthranilic Acid Market is predicted to remain severely competitive for the next few years because of the speedy growth. This market has a numerous scope for domestic players who can manufacture products that are better for the regional inclination. The records of the past few years of the global market has been driven due to the increase in the acceptance in the overall market.
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The report starts by giving away an industry synopsis of the Anthranilic Acid Market in the global regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. This segment states the past and presents position of the market and is also mentioned in the above areas. The significant applications or end users of the market have also been mentioned in this sector of the study. Growing fondness of consumer towards refining their artistic presence is a leading factor fuelling the expansion of this market is clearly defined.
The following manufacturers are covered:
Xiangli Chemical, New Sunlion Chemical, Shandong Wochi Chemicals, Shandong Taihong New Material Technology, Dongying Xinfeng Chemical, Shandong Co-Strength Chemicals, Dongying Kexin Chemical
By Application, the market can be split into
Coating and paint
Cosmetics and personal care
Metal working fluids
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The Porter’s five theory and SWOT analysis have also been utilized for analyzing the market data. The major plans accepted by the renowned players for a better penetration in the Anthranilic Acid Market also form a key section of this study. The market dynamics such as drivers, restraints and opportunities have been presented together with their corresponding impact analysis.
The study objectives of this report are:
To study and analyze the global Anthranilic Acid Market size (value & volume) by company, key regions/countries, products and application, history data and forecast to 2025.
To understand the structure of market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Anthranilic Acid Market manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Anthranilic Acid with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Anthranilic Acid submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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