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3-hydroxypropionic Acid Industry Research Report 2023

August 2023 | 74 pages | ID: 38748E47A960EN
APO Research

US$ 2,950.00

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The 3-hydroxypropionic Acid industry can be broken down into several segments, Chemical Synthesis, Microbial Fermentation, etc. Across the world, the major players cover Cargill, Novozymes, etc. 3-Hydroxypropionic acid is a carboxylic acid, specifically a beta hydroxy acid. It is an acidic viscous liquid with a pKa of 4.5. It is very soluble in water, soluble in ethanol and diethyl ether. Upon distillation, it dehydrates to form acrylic acid. 3-Hydroxypropionic acid is used in the industrial production of various chemicals such as acrylates. It can be produced by engineered microbes. 3-hydroxypropionic Acid is a key intermediate in the manufacturing process of bio-acrylic acid.

Highlights

The global 3-hydroxypropionic Acid market is projected to reach US$ million by 2028 from an estimated US$ million in 2022, at a CAGR of % during 2024 and 2029.

In terms of region, North America is the largest market for 3-hydroxypropionic acid, accounting for about 75% of the market share, followed by Asia Pacific, accounting for about 24% of the market share.

Report Scope

This report aims to provide a comprehensive presentation of the global market for 3-hydroxypropionic Acid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding 3-hydroxypropionic Acid.

The 3-hydroxypropionic Acid market size, estimations, and forecasts are provided in terms of output/shipments (Kg) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global 3-hydroxypropionic Acid market comprehensively. Regional market sizes, concerning products by types, by application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the 3-hydroxypropionic Acid manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, product type, application, and regions.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2017-2022. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
  • Cargill
  • Chinese Academy of Sciences (Qingdao)
Product Type Insights

Global markets are presented by 3-hydroxypropionic Acid type, along with growth forecasts through 2029. Estimates on production and value are based on the price in the supply chain at which the 3-hydroxypropionic Acid are procured by the manufacturers.

This report has studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows production and revenue data by type, and during the historical period (2018-2023) and forecast period (2024-2029).

3-hydroxypropionic Acid segment by Type
  • 3-HP biosynthesis
  • Others
Application Insights

This report has provided the market size (production and revenue data) by application, during the historical period (2018-2023) and forecast period (2024-2029).

This report also outlines the market trends of each segment and consumer behaviors impacting the 3-hydroxypropionic Acid market and what implications these may have on the industry's future. This report can help to understand the relevant market and consumer trends that are driving the 3-hydroxypropionic Acid market.

3-hydroxypropionic Acid segment by Application
  • Acrylic Acid Production
  • Biodegradable Polymer Production
Regional Outlook

This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the revenue and sales data of each region and country for the period 2018-2029.

The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America. Detailed analysis of major countries such as the USA, Germany, the U.K., Italy, France, China, Japan, South Korea, Southeast Asia, and India will be covered within the regional segment. For market estimates, data are going to be provided for 2022 because of the base year, with estimates for 2023 and forecast value for 2029.
  • North America
    • United States
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Russia
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • China Taiwan
    • Indonesia
    • Thailand
    • Malaysia
  • Latin America
    • Mexico
    • Brazil
    • Argentina
Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

COVID-19 and Russia-Ukraine War Influence Analysis

The readers in the section will understand how the 3-hydroxypropionic Acid market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.

Reasons to Buy This Report

This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global 3-hydroxypropionic Acid market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

This report will help stakeholders to understand the global industry status and trends of 3-hydroxypropionic Acid and provides them with information on key market drivers, restraints, challenges, and opportunities.

This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

This report stays updated with novel technology integration, features, and the latest developments in the market

This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the 3-hydroxypropionic Acid industry.

This report helps stakeholders to gain insights into which regions to target globally

This report helps stakeholders to gain insights into the end-user perception concerning the adoption of 3-hydroxypropionic Acid.

This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Core Chapters

Chapter 1: Research objectives, research methods, data sources, data cross-validation;

Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 3: Detailed analysis of 3-hydroxypropionic Acid manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.

Chapter 5: Production/output, value of 3-hydroxypropionic Acid by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 6: Consumption of 3-hydroxypropionic Acid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.

Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: 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 11: The main points and conclusions of the report.

Frequently Asked Questions
  • Which product segment grabbed the largest share in the Product Name market?
  • How is the competitive scenario of the Product Name market?
  • Which are the key factors aiding the Product Name market growth?
  • Which are the prominent players in the Product Name market?
  • Which region holds the maximum share in the Product Name market?
  • What will be the CAGR of the Product Name market during the forecast period?
  • Which application segment emerged as the leading segment in the Product Name market?
  • What key trends are likely to emerge in the Product Name market in the coming years?
  • What will be the Product Name market size by 2028?
  • Which company held the largest share in the Product Name market?
LIST OF TABLES

Table 1. Secondary Sources
Table 2. Primary Sources
Table 3. Market Value Comparison by Type (2018 VS 2022 VS 2029) & (US$ Million)
Table 4. Market Value Comparison by Application (2018 VS 2022 VS 2029) & (US$ Million)
Table 5. Global 3-hydroxypropionic Acid Production by Manufacturers (Kg) & (2018-2023)
Table 6. Global 3-hydroxypropionic Acid Production Market Share by Manufacturers
Table 7. Global 3-hydroxypropionic Acid Production Value by Manufacturers (US$ Million) & (2018-2023)
Table 8. Global 3-hydroxypropionic Acid Production Value Market Share by Manufacturers (2018-2023)
Table 9. Global 3-hydroxypropionic Acid Average Price (USD/Kg) of Key Manufacturers (2018-2023)
Table 10. Global 3-hydroxypropionic Acid Industry Manufacturers Ranking, 2021 VS 2022 VS 2023
Table 11. Global 3-hydroxypropionic Acid Manufacturers, Product Type & Application
Table 12. Global Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 13. Global 3-hydroxypropionic Acid by Manufacturers Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value of 2022)
Table 14. Manufacturers Mergers & Acquisitions, Expansion Plans)
Table 15. Cargill 3-hydroxypropionic Acid Company Information
Table 16. Cargill Business Overview
Table 17. Cargill 3-hydroxypropionic Acid Production Capacity (Kg), Value (US$ Million), Price (USD/Kg) and Gross Margin (2018-2023)
Table 18. Cargill Product Portfolio
Table 19. Cargill Recent Developments
Table 20. Chinese Academy of Sciences (Qingdao) 3-hydroxypropionic Acid Company Information
Table 21. Chinese Academy of Sciences (Qingdao) Business Overview
Table 22. Chinese Academy of Sciences (Qingdao) 3-hydroxypropionic Acid Production Capacity (Kg), Value (US$ Million), Price (USD/Kg) and Gross Margin (2018-2023)
Table 23. Chinese Academy of Sciences (Qingdao) Product Portfolio
Table 24. Chinese Academy of Sciences (Qingdao) Recent Developments
Table 25. Global 3-hydroxypropionic Acid Production Comparison by Region: 2018 VS 2022 VS 2029 (Kg)
Table 26. Global 3-hydroxypropionic Acid Production by Region (2018-2023) & (Kg)
Table 27. Global 3-hydroxypropionic Acid Production Market Share by Region (2018-2023)
Table 28. Global 3-hydroxypropionic Acid Production Forecast by Region (2024-2029) & (Kg)
Table 29. Global 3-hydroxypropionic Acid Production Market Share Forecast by Region (2024-2029)
Table 30. Global 3-hydroxypropionic Acid Production Value Comparison by Region: 2018 VS 2022 VS 2029 (US$ Million)
Table 31. Global 3-hydroxypropionic Acid Production Value by Region (2018-2023) & (US$ Million)
Table 32. Global 3-hydroxypropionic Acid Production Value Market Share by Region (2018-2023)
Table 33. Global 3-hydroxypropionic Acid Production Value Forecast by Region (2024-2029) & (US$ Million)
Table 34. Global 3-hydroxypropionic Acid Production Value Market Share Forecast by Region (2024-2029)
Table 35. Global 3-hydroxypropionic Acid Market Average Price (USD/Kg) by Region (2018-2023)
Table 36. Global 3-hydroxypropionic Acid Consumption Comparison by Region: 2018 VS 2022 VS 2029 (Kg)
Table 37. Global 3-hydroxypropionic Acid Consumption by Region (2018-2023) & (Kg)
Table 38. Global 3-hydroxypropionic Acid Consumption Market Share by Region (2018-2023)
Table 39. Global 3-hydroxypropionic Acid Forecasted Consumption by Region (2024-2029) & (Kg)
Table 40. Global 3-hydroxypropionic Acid Forecasted Consumption Market Share by Region (2024-2029)
Table 41. North America 3-hydroxypropionic Acid Consumption Growth Rate by Country: 2018 VS 2022 VS 2029 (Kg)
Table 42. North America 3-hydroxypropionic Acid Consumption by Country (2018-2023) & (Kg)
Table 43. North America 3-hydroxypropionic Acid Consumption by Country (2024-2029) & (Kg)
Table 44. Europe 3-hydroxypropionic Acid Consumption Growth Rate by Country: 2018 VS 2022 VS 2029 (Kg)
Table 45. Europe 3-hydroxypropionic Acid Consumption by Country (2018-2023) & (Kg)
Table 46. Europe 3-hydroxypropionic Acid Consumption by Country (2024-2029) & (Kg)
Table 47. Asia Pacific 3-hydroxypropionic Acid Consumption Growth Rate by Country: 2018 VS 2022 VS 2029 (Kg)
Table 48. Asia Pacific 3-hydroxypropionic Acid Consumption by Country (2018-2023) & (Kg)
Table 49. Asia Pacific 3-hydroxypropionic Acid Consumption by Country (2024-2029) & (Kg)
Table 50. Latin America, Middle East & Africa 3-hydroxypropionic Acid Consumption Growth Rate by Country: 2018 VS 2022 VS 2029 (Kg)
Table 51. Latin America, Middle East & Africa 3-hydroxypropionic Acid Consumption by Country (2018-2023) & (Kg)
Table 52. Latin America, Middle East & Africa 3-hydroxypropionic Acid Consumption by Country (2024-2029) & (Kg)
Table 53. Global 3-hydroxypropionic Acid Production by Type (2018-2023) & (Kg)
Table 54. Global 3-hydroxypropionic Acid Production by Type (2024-2029) & (Kg)
Table 55. Global 3-hydroxypropionic Acid Production Market Share by Type (2018-2023)
Table 56. Global 3-hydroxypropionic Acid Production Market Share by Type (2024-2029)
Table 57. Global 3-hydroxypropionic Acid Production Value by Type (2018-2023) & (US$ Million)
Table 58. Global 3-hydroxypropionic Acid Production Value by Type (2024-2029) & (US$ Million)
Table 59. Global 3-hydroxypropionic Acid Production Value Market Share by Type (2018-2023)
Table 60. Global 3-hydroxypropionic Acid Production Value Market Share by Type (2024-2029)
Table 61. Global 3-hydroxypropionic Acid Price by Type (2018-2023) & (USD/Kg)
Table 62. Global 3-hydroxypropionic Acid Price by Type (2024-2029) & (USD/Kg)
Table 63. Global 3-hydroxypropionic Acid Production by Application (2018-2023) & (Kg)
Table 64. Global 3-hydroxypropionic Acid Production by Application (2024-2029) & (Kg)
Table 65. Global 3-hydroxypropionic Acid Production Market Share by Application (2018-2023)
Table 66. Global 3-hydroxypropionic Acid Production Market Share by Application (2024-2029)
Table 67. Global 3-hydroxypropionic Acid Production Value by Application (2018-2023) & (US$ Million)
Table 68. Global 3-hydroxypropionic Acid Production Value by Application (2024-2029) & (US$ Million)
Table 69. Global 3-hydroxypropionic Acid Production Value Market Share by Application (2018-2023)
Table 70. Global 3-hydroxypropionic Acid Production Value Market Share by Application (2024-2029)
Table 71. Global 3-hydroxypropionic Acid Price by Application (2018-2023) & (USD/Kg)
Table 72. Global 3-hydroxypropionic Acid Price by Application (2024-2029) & (USD/Kg)
Table 73. Key Raw Materials
Table 74. Raw Materials Key Suppliers
Table 75. 3-hydroxypropionic Acid Distributors List
Table 76. 3-hydroxypropionic Acid Customers List
Table 77. 3-hydroxypropionic Acid Industry Trends
Table 78. 3-hydroxypropionic Acid Industry Drivers
Table 79. 3-hydroxypropionic Acid Industry Restraints
Table 80. Authors 12. List of This Report

LIST OF FIGURES

Figure 1. Research Methodology
Figure 2. Research Process
Figure 3. Key Executives Interviewed
Figure 4. 3-hydroxypropionic AcidProduct Picture
Figure 5. Market Value Comparison by Type (2018 VS 2022 VS 2029) & (US$ Million)
Figure 6. 3-HP biosynthesis Product Picture
Figure 7. Others Product Picture
Figure 8. Acrylic Acid Production Product Picture
Figure 9. Biodegradable Polymer Production Product Picture
Figure 10. Global 3-hydroxypropionic Acid Production Value (US$ Million), 2018 VS 2022 VS 2029
Figure 11. Global 3-hydroxypropionic Acid Production Value (2018-2029) & (US$ Million)
Figure 12. Global 3-hydroxypropionic Acid Production Capacity (2018-2029) & (Kg)
Figure 13. Global 3-hydroxypropionic Acid Production (2018-2029) & (Kg)
Figure 14. Global 3-hydroxypropionic Acid Average Price (USD/Kg) & (2018-2029)
Figure 15. Global 3-hydroxypropionic Acid Key Manufacturers, Manufacturing Sites & Headquarters
Figure 16. Global 3-hydroxypropionic Acid Manufacturers, Date of Enter into This Industry
Figure 17. Global Top 5 and 10 3-hydroxypropionic Acid Players Market Share by Production Valu in 2022
Figure 18. Manufacturers Type (Tier 1, Tier 2, and Tier 3): 2018 VS 2022
Figure 19. Global 3-hydroxypropionic Acid Production Comparison by Region: 2018 VS 2022 VS 2029 (Kg)
Figure 20. Global 3-hydroxypropionic Acid Production Market Share by Region: 2018 VS 2022 VS 2029
Figure 21. Global 3-hydroxypropionic Acid Production Value Comparison by Region: 2018 VS 2022 VS 2029 (US$ Million)
Figure 22. Global 3-hydroxypropionic Acid Production Value Market Share by Region: 2018 VS 2022 VS 2029
Figure 23. North America 3-hydroxypropionic Acid Production Value (US$ Million) Growth Rate (2018-2029)
Figure 24. Europe 3-hydroxypropionic Acid Production Value (US$ Million) Growth Rate (2018-2029)
Figure 25. China 3-hydroxypropionic Acid Production Value (US$ Million) Growth Rate (2018-2029)
Figure 26. Japan 3-hydroxypropionic Acid Production Value (US$ Million) Growth Rate (2018-2029)
Figure 27. Global 3-hydroxypropionic Acid Consumption Comparison by Region: 2018 VS 2022 VS 2029 (Kg)
Figure 28. Global 3-hydroxypropionic Acid Consumption Market Share by Region: 2018 VS 2022 VS 2029
Figure 29. North America 3-hydroxypropionic Acid Consumption and Growth Rate (2018-2029) & (Kg)
Figure 30. North America 3-hydroxypropionic Acid Consumption Market Share by Country (2018-2029)
Figure 31. United States 3-hydroxypropionic Acid Consumption and Growth Rate (2018-2029) & (Kg)
Figure 32. Canada 3-hydroxypropionic Acid Consumption and Growth Rate (2018-2029) & (Kg)
Figure 33. Europe 3-hydroxypropionic Acid Consumption and Growth Rate (2018-2029) & (Kg)
Figure 34. Europe 3-hydroxypropionic Acid Consumption Market Share by Country (2018-2029)
Figure 35. Germany 3-hydroxypropionic Acid Consumption and Growth Rate (2018-2029) & (Kg)
Figure 36. France 3-hydroxypropionic Acid Consumption and Growth Rate (2018-2029) & (Kg)
Figure 37. U.K. 3-hydroxypropionic Acid Consumption and Growth Rate (2018-2029) & (Kg)
Figure 38. Italy 3-hydroxypropionic Acid Consumption and Growth Rate (2018-2029) & (Kg)
Figure 39. Netherlands 3-hydroxypropionic Acid Consumption and Growth Rate (2018-2029) & (Kg)
Figure 40. Asia Pacific 3-hydroxypropionic Acid Consumption and Growth Rate (2018-2029) & (Kg)
Figure 41. Asia Pacific 3-hydroxypropionic Acid Consumption Market Share by Country (2018-2029)
Figure 42. China 3-hydroxypropionic Acid Consumption and Growth Rate (2018-2029) & (Kg)
Figure 43. Japan 3-hydroxypropionic Acid Consumption and Growth Rate (2018-2029) & (Kg)
Figure 44. South Korea 3-hydroxypropionic Acid Consumption and Growth Rate (2018-2029) & (Kg)
Figure 45. China Taiwan 3-hydroxypropionic Acid Consumption and Growth Rate (2018-2029) & (Kg)
Figure 46. Southeast Asia 3-hydroxypropionic Acid Consumption and Growth Rate (2018-2029) & (Kg)
Figure 47. India 3-hydroxypropionic Acid Consumption and Growth Rate (2018-2029) & (Kg)
Figure 48. Australia 3-hydroxypropionic Acid Consumption and Growth Rate (2018-2029) & (Kg)
Figure 49. Latin America, Middle East & Africa 3-hydroxypropionic Acid Consumption and Growth Rate (2018-2029) & (Kg)
Figure 50. Latin America, Middle East & Africa 3-hydroxypropionic Acid Consumption Market Share by Country (2018-2029)
Figure 51. Mexico 3-hydroxypropionic Acid Consumption and Growth Rate (2018-2029) & (Kg)
Figure 52. Brazil 3-hydroxypropionic Acid Consumption and Growth Rate (2018-2029) & (Kg)
Figure 53. Turkey 3-hydroxypropionic Acid Consumption and Growth Rate (2018-2029) & (Kg)
Figure 54. GCC Countries 3-hydroxypropionic Acid Consumption and Growth Rate (2018-2029) & (Kg)
Figure 55. Global 3-hydroxypropionic Acid Production Market Share by Type (2018-2029)
Figure 56. Global 3-hydroxypropionic Acid Production Value Market Share by Type (2018-2029)
Figure 57. Global 3-hydroxypropionic Acid Price (USD/Kg) by Type (2018-2029)
Figure 58. Global 3-hydroxypropionic Acid Production Market Share by Application (2018-2029)
Figure 59. Global 3-hydroxypropionic Acid Production Value Market Share by Application (2018-2029)
Figure 60. Global 3-hydroxypropionic Acid Price (USD/Kg) by Application (2018-2029)
Figure 61. 3-hydroxypropionic Acid Value Chain
Figure 62. 3-hydroxypropionic Acid Production Mode & Process
Figure 63. Direct Comparison with Distribution Share
Figure 64. Distributors Profiles
Figure 65. 3-hydroxypropionic Acid Industry Opportunities and Challenges


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