Brassylic Acid - Global Market Outlook (2020-2028)

June 2021 | 150 pages | ID: BEBFE9A40BE3EN
Stratistics Market Research Consulting

Abstracts

According to Stratistics MRC, the Global Brassylic Acid Market is accounted for $651.47 million in 2020 and is expected to reach $1,022.77 million by 2028 growing at a CAGR of 5.8% during the forecast period. Some of the key factors propelling the market growth include rising applications of brassylic acid in various end-use industries such as fragrances & perfumes, lubricants, and adhesives coupled with important use in the formation of polyurethanes, alkyd resins, and polyamides and the rise the use of brassylic acid in the manufacture of perfumes. However, adverse effects of brassylic acid and availability of alternatives are hampering the market growth.

Brassylic acid, also coined as tridecanedioic acid is an alpha, omega dicarboxylic acid which is substituted by more than one carboxylic acid groups. It is derived from erucic acid, found in the brassica family of plants such as rapeseed, crambe, and mustard among others. It is available in the market in powder, flakes or diluted form. The esters of brassylic acid are used as a lubricant and as plasticizers for polyvinyl chloride. Brassylic acid esters are also used in the production of synthetic musk used in the fragrance industry. It belongs to the family of organic compounds called long-chain dicarboxylic acid.

By application, the fragrances segment is expected to grow at a significant rate during the forecast period, due to continuous demand of fragrances from various industries such as perfumes, cosmetics, personal care & cosmetics, and homecare among others. Fragrances derived from Brassylic Acid belong to macrocyclic musk category. Fragrances are used in beauty, personal care as well as various home care products. For instance, according to press release of the “International Fragrance Association”, sales generated by fragrance industry collectively in regions like Europe, MEA and Latin America. AS per the same source, there are around 3,000 raw material suppliers of fragrance and flavor companies.

On the basis of geography, the APAC region is expected to have considerable growth during the forecast period, owing to rising demand for lubricants in Asia Pacific region, an increase in disposable income along with change in people's lifestyle, the use of brassylic acid in industrial businesses, such as perfume production, has increased. In Asia Pacific, emerging economies such as China and India are expected to exhibit significant growth in the brassylic acid market, owing to increasing industrialization and urbanization in the region. For instance, according to a report by FUCHS, a Germany-based manufacturer of lubricants and specialty products, Asia Pacific accounted for over 40% of the total lubricant market and is expected to expand further.

Some of the key players in Brassylic Acid Market include Unisource Chemicals Pvt. Ltd., Zibo Guangtong Chemical Co.Ltd., Evonik Industries, Nantong Senos Biotechnology Co.Ltd., Cathay Industrial Biotech Ltd., Palmary Chemical, Shanghai Kaleys Holding Co.Ltd, Beyo Chemical Co. Ltd, Larodan Ab, and TCI Chemical Pvt. Ltd.

Production Methods Covered:

• Fermentation/Microbial Synthesis
• Chemical Synthesis

Raw Material Types Covered:

• Paraffin Oil
• Vegetable Oil

Applications Covered:

• Plastics
• Lubricants
• Fragrances
• Adhesives
• Polymers & Copolymers
• Spices
• Surfactant
• Pharmaceuticals
• High Performance Polyamides and Nylon

Regions Covered:

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• Italy
• UK
• Spain
• Rest of Europe
• Asia Pacific
• Japan
• China
• India
• Australia
• New Zealand
• South Korea
• Rest of Asia Pacific
• South America
• Argentina
• Brazil
• Chile
• Rest of South America
• Middle East & Africa
• Saudi Arabia
• UAE
• Qatar
• South Africa
• Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
• Comprehensive profiling of additional market players (up to 3)
• SWOT Analysis of key players (up to 3)
• Regional Segmentation
• Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
• Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Contents

1 EXECUTIVE SUMMARY

2 PREFACE

2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
  2.4.1 Data Mining
  2.4.2 Data Analysis
  2.4.3 Data Validation
  2.4.4 Research Approach
2.5 Research Sources
  2.5.1 Primary Research Sources
  2.5.2 Secondary Research Sources
  2.5.3 Assumptions

3 MARKET TREND ANALYSIS

3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19

4 PORTERS FIVE FORCE ANALYSIS

4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 GLOBAL BRASSYLIC ACID MARKET, BY PRODUCTION METHOD

5.1 Introduction
5.2 Fermentation/Microbial Synthesis
5.3 Chemical Synthesis

6 GLOBAL BRASSYLIC ACID MARKET, BY RAW MATERIAL TYPE

6.1 Introduction
6.2 Paraffin Oil
6.3 Vegetable Oil
  6.3.1 Rapeseed Oil
  6.3.2 Crambe Oil
  6.3.3 Other Vegetable Oils (Mustard Oil)

7 GLOBAL BRASSYLIC ACID MARKET, BY APPLICATION

7.1 Introduction
7.2 Plastics
7.3 Lubricants
7.4 Fragrances
7.5 Adhesives
7.6 Polymers & Copolymers
7.7 Spices
7.8 Surfactant
7.9 Pharmaceuticals
7.10 High Performance Polyamides and Nylon

8 GLOBAL BRASSYLIC ACID MARKET, BY GEOGRAPHY

8.1 Introduction
8.2 North America
  8.2.1 US
  8.2.2 Canada
  8.2.3 Mexico
8.3 Europe
  8.3.1 Germany
  8.3.2 UK
  8.3.3 Italy
  8.3.4 France
  8.3.5 Spain
  8.3.6 Rest of Europe
8.4 Asia Pacific
  8.4.1 Japan
  8.4.2 China
  8.4.3 India
  8.4.4 Australia
  8.4.5 New Zealand
  8.4.6 South Korea
  8.4.7 Rest of Asia Pacific
8.5 South America
  8.5.1 Argentina
  8.5.2 Brazil
  8.5.3 Chile
  8.5.4 Rest of South America
8.6 Middle East & Africa
  8.6.1 Saudi Arabia
  8.6.2 UAE
  8.6.3 Qatar
  8.6.4 South Africa
  8.6.5 Rest of Middle East & Africa

9 KEY DEVELOPMENTS

9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies

10 COMPANY PROFILING

10.1 Unisource Chemicals Pvt. Ltd.
10.2 Zibo Guangtong Chemical Co.Ltd.
10.3 Evonik Industries
10.4 Nantong Senos Biotechnology Co.Ltd.
10.5 Cathay Industrial Biotech Ltd.
10.6 Palmary Chemical
10.7 Shanghai Kaleys Holding Co.Ltd
10.8 Beyo Chemical Co. Ltd
10.9 Larodan Ab
10.10 TCI Chemical Pvt. Ltd

List Of Tables

LIST OF TABLES

Table 1 Global Brassylic Acid Market Outlook, By Region (2019-2028) ($MN)
Table 2 Global Brassylic Acid Market Outlook, By Production Method (2019-2028) ($MN)
Table 3 Global Brassylic Acid Market Outlook, By Fermentation/Microbial Synthesis (2019-2028) ($MN)
Table 4 Global Brassylic Acid Market Outlook, By Chemical Synthesis (2019-2028) ($MN)
Table 5 Global Brassylic Acid Market Outlook, By Raw Material Type (2019-2028) ($MN)
Table 6 Global Brassylic Acid Market Outlook, By Paraffin Oil (2019-2028) ($MN)
Table 7 Global Brassylic Acid Market Outlook, By Vegetable Oil (2019-2028) ($MN)
Table 8 Global Brassylic Acid Market Outlook, By Rapeseed Oil (2019-2028) ($MN)
Table 9 Global Brassylic Acid Market Outlook, By Crambe Oil (2019-2028) ($MN)
Table 10 Global Brassylic Acid Market Outlook, By Other Vegetable Oils (Mustard Oil) (2019-2028) ($MN)
Table 11 Global Brassylic Acid Market Outlook, By Application (2019-2028) ($MN)
Table 12 Global Brassylic Acid Market Outlook, By Plastics (2019-2028) ($MN)
Table 13 Global Brassylic Acid Market Outlook, By Lubricants (2019-2028) ($MN)
Table 14 Global Brassylic Acid Market Outlook, By Fragrances (2019-2028) ($MN)
Table 15 Global Brassylic Acid Market Outlook, By Adhesives (2019-2028) ($MN)
Table 16 Global Brassylic Acid Market Outlook, By Polymers & Copolymers (2019-2028) ($MN)
Table 17 Global Brassylic Acid Market Outlook, By Spices (2019-2028) ($MN)
Table 18 Global Brassylic Acid Market Outlook, By Surfactant (2019-2028) ($MN)
Table 19 Global Brassylic Acid Market Outlook, By Pharmaceuticals (2019-2028) ($MN)
Table 20 Global Brassylic Acid Market Outlook, By High Performance Polyamides and Nylon (2019-2028) ($MN)
Table 21 North America Brassylic Acid Market Outlook, By Country (2019-2028) ($MN)
Table 22 North America Brassylic Acid Market Outlook, By Production Method (2019-2028) ($MN)
Table 23 North America Brassylic Acid Market Outlook, By Fermentation/Microbial Synthesis (2019-2028) ($MN)
Table 24 North America Brassylic Acid Market Outlook, By Chemical Synthesis (2019-2028) ($MN)
Table 25 North America Brassylic Acid Market Outlook, By Raw Material Type (2019-2028) ($MN)
Table 26 North America Brassylic Acid Market Outlook, By Paraffin Oil (2019-2028) ($MN)
Table 27 North America Brassylic Acid Market Outlook, By Vegetable Oil (2019-2028) ($MN)
Table 28 North America Brassylic Acid Market Outlook, By Rapeseed Oil (2019-2028) ($MN)
Table 29 North America Brassylic Acid Market Outlook, By Crambe Oil (2019-2028) ($MN)
Table 30 North America Brassylic Acid Market Outlook, By Other Vegetable Oils (Mustard Oil) (2019-2028) ($MN)
Table 31 North America Brassylic Acid Market Outlook, By Application (2019-2028) ($MN)
Table 32 North America Brassylic Acid Market Outlook, By Plastics (2019-2028) ($MN)
Table 33 North America Brassylic Acid Market Outlook, By Lubricants (2019-2028) ($MN)
Table 34 North America Brassylic Acid Market Outlook, By Fragrances (2019-2028) ($MN)
Table 35 North America Brassylic Acid Market Outlook, By Adhesives (2019-2028) ($MN)
Table 36 North America Brassylic Acid Market Outlook, By Polymers & Copolymers (2019-2028) ($MN)
Table 37 North America Brassylic Acid Market Outlook, By Spices (2019-2028) ($MN)
Table 38 North America Brassylic Acid Market Outlook, By Surfactant (2019-2028) ($MN)
Table 39 North America Brassylic Acid Market Outlook, By Pharmaceuticals (2019-2028) ($MN)
Table 40 North America Brassylic Acid Market Outlook, By High Performance Polyamides and Nylon (2019-2028) ($MN)
Table 41 Europe Brassylic Acid Market Outlook, By Country (2019-2028) ($MN)
Table 42 Europe Brassylic Acid Market Outlook, By Production Method (2019-2028) ($MN)
Table 43 Europe Brassylic Acid Market Outlook, By Fermentation/Microbial Synthesis (2019-2028) ($MN)
Table 44 Europe Brassylic Acid Market Outlook, By Chemical Synthesis (2019-2028) ($MN)
Table 45 Europe Brassylic Acid Market Outlook, By Raw Material Type (2019-2028) ($MN)
Table 46 Europe Brassylic Acid Market Outlook, By Paraffin Oil (2019-2028) ($MN)
Table 47 Europe Brassylic Acid Market Outlook, By Vegetable Oil (2019-2028) ($MN)
Table 48 Europe Brassylic Acid Market Outlook, By Rapeseed Oil (2019-2028) ($MN)
Table 49 Europe Brassylic Acid Market Outlook, By Crambe Oil (2019-2028) ($MN)
Table 50 Europe Brassylic Acid Market Outlook, By Other Vegetable Oils (Mustard Oil) (2019-2028) ($MN)
Table 51 Europe Brassylic Acid Market Outlook, By Application (2019-2028) ($MN)
Table 52 Europe Brassylic Acid Market Outlook, By Plastics (2019-2028) ($MN)
Table 53 Europe Brassylic Acid Market Outlook, By Lubricants (2019-2028) ($MN)
Table 54 Europe Brassylic Acid Market Outlook, By Fragrances (2019-2028) ($MN)
Table 55 Europe Brassylic Acid Market Outlook, By Adhesives (2019-2028) ($MN)
Table 56 Europe Brassylic Acid Market Outlook, By Polymers & Copolymers (2019-2028) ($MN)
Table 57 Europe Brassylic Acid Market Outlook, By Spices (2019-2028) ($MN)
Table 58 Europe Brassylic Acid Market Outlook, By Surfactant (2019-2028) ($MN)
Table 59 Europe Brassylic Acid Market Outlook, By Pharmaceuticals (2019-2028) ($MN)
Table 60 Europe Brassylic Acid Market Outlook, By High Performance Polyamides and Nylon (2019-2028) ($MN)
Table 61 Asia Pacific Brassylic Acid Market Outlook, By Country (2019-2028) ($MN)
Table 62 Asia Pacific Brassylic Acid Market Outlook, By Production Method (2019-2028) ($MN)
Table 63 Asia Pacific Brassylic Acid Market Outlook, By Fermentation/Microbial Synthesis (2019-2028) ($MN)
Table 64 Asia Pacific Brassylic Acid Market Outlook, By Chemical Synthesis (2019-2028) ($MN)
Table 65 Asia Pacific Brassylic Acid Market Outlook, By Raw Material Type (2019-2028) ($MN)
Table 66 Asia Pacific Brassylic Acid Market Outlook, By Paraffin Oil (2019-2028) ($MN)
Table 67 Asia Pacific Brassylic Acid Market Outlook, By Vegetable Oil (2019-2028) ($MN)
Table 68 Asia Pacific Brassylic Acid Market Outlook, By Rapeseed Oil (2019-2028) ($MN)
Table 69 Asia Pacific Brassylic Acid Market Outlook, By Crambe Oil (2019-2028) ($MN)
Table 70 Asia Pacific Brassylic Acid Market Outlook, By Other Vegetable Oils (Mustard Oil) (2019-2028) ($MN)
Table 71 Asia Pacific Brassylic Acid Market Outlook, By Application (2019-2028) ($MN)
Table 72 Asia Pacific Brassylic Acid Market Outlook, By Plastics (2019-2028) ($MN)
Table 73 Asia Pacific Brassylic Acid Market Outlook, By Lubricants (2019-2028) ($MN)
Table 74 Asia Pacific Brassylic Acid Market Outlook, By Fragrances (2019-2028) ($MN)
Table 75 Asia Pacific Brassylic Acid Market Outlook, By Adhesives (2019-2028) ($MN)
Table 76 Asia Pacific Brassylic Acid Market Outlook, By Polymers & Copolymers (2019-2028) ($MN)
Table 77 Asia Pacific Brassylic Acid Market Outlook, By Spices (2019-2028) ($MN)
Table 78 Asia Pacific Brassylic Acid Market Outlook, By Surfactant (2019-2028) ($MN)
Table 79 Asia Pacific Brassylic Acid Market Outlook, By Pharmaceuticals (2019-2028) ($MN)
Table 80 Asia Pacific Brassylic Acid Market Outlook, By High Performance Polyamides and Nylon (2019-2028) ($MN)
Table 81 South America Brassylic Acid Market Outlook, By Country (2019-2028) ($MN)
Table 82 South America Brassylic Acid Market Outlook, By Production Method (2019-2028) ($MN)
Table 83 South America Brassylic Acid Market Outlook, By Fermentation/Microbial Synthesis (2019-2028) ($MN)
Table 84 South America Brassylic Acid Market Outlook, By Chemical Synthesis (2019-2028) ($MN)
Table 85 South America Brassylic Acid Market Outlook, By Raw Material Type (2019-2028) ($MN)
Table 86 South America Brassylic Acid Market Outlook, By Paraffin Oil (2019-2028) ($MN)
Table 87 South America Brassylic Acid Market Outlook, By Vegetable Oil (2019-2028) ($MN)
Table 88 South America Brassylic Acid Market Outlook, By Rapeseed Oil (2019-2028) ($MN)
Table 89 South America Brassylic Acid Market Outlook, By Crambe Oil (2019-2028) ($MN)
Table 90 South America Brassylic Acid Market Outlook, By Other Vegetable Oils (Mustard Oil) (2019-2028) ($MN)
Table 91 South America Brassylic Acid Market Outlook, By Application (2019-2028) ($MN)
Table 92 South America Brassylic Acid Market Outlook, By Plastics (2019-2028) ($MN)
Table 93 South America Brassylic Acid Market Outlook, By Lubricants (2019-2028) ($MN)
Table 94 South America Brassylic Acid Market Outlook, By Fragrances (2019-2028) ($MN)
Table 95 South America Brassylic Acid Market Outlook, By Adhesives (2019-2028) ($MN)
Table 96 South America Brassylic Acid Market Outlook, By Polymers & Copolymers (2019-2028) ($MN)
Table 97 South America Brassylic Acid Market Outlook, By Spices (2019-2028) ($MN)
Table 98 South America Brassylic Acid Market Outlook, By Surfactant (2019-2028) ($MN)
Table 99 South America Brassylic Acid Market Outlook, By Pharmaceuticals (2019-2028) ($MN)
Table 100 South America Brassylic Acid Market Outlook, By High Performance Polyamides and Nylon (2019-2028) ($MN)
Table 101 Middle East & Africa Brassylic Acid Market Outlook, By Country (2019-2028) ($MN)
Table 102 Middle East & Africa Brassylic Acid Market Outlook, By Production Method (2019-2028) ($MN)
Table 103 Middle East & Africa Brassylic Acid Market Outlook, By Fermentation/Microbial Synthesis (2019-2028) ($MN)
Table 104 Middle East & Africa Brassylic Acid Market Outlook, By Chemical Synthesis (2019-2028) ($MN)
Table 105 Middle East & Africa Brassylic Acid Market Outlook, By Raw Material Type (2019-2028) ($MN)
Table 106 Middle East & Africa Brassylic Acid Market Outlook, By Paraffin Oil (2019-2028) ($MN)
Table 107 Middle East & Africa Brassylic Acid Market Outlook, By Vegetable Oil (2019-2028) ($MN)
Table 108 Middle East & Africa Brassylic Acid Market Outlook, By Rapeseed Oil (2019-2028) ($MN)
Table 109 Middle East & Africa Brassylic Acid Market Outlook, By Crambe Oil (2019-2028) ($MN)
Table 110 Middle East & Africa Brassylic Acid Market Outlook, By Other Vegetable Oils (Mustard Oil) (2019-2028) ($MN)
Table 111 Middle East & Africa Brassylic Acid Market Outlook, By Application (2019-2028) ($MN)
Table 112 Middle East & Africa Brassylic Acid Market Outlook, By Plastics (2019-2028) ($MN)
Table 113 Middle East & Africa Brassylic Acid Market Outlook, By Lubricants (2019-2028) ($MN)
Table 114 Middle East & Africa Brassylic Acid Market Outlook, By Fragrances (2019-2028) ($MN)
Table 115 Middle East & Africa Brassylic Acid Market Outlook, By Adhesives (2019-2028) ($MN)
Table 116 Middle East & Africa Brassylic Acid Market Outlook, By Polymers & Copolymers (2019-2028) ($MN)
Table 117 Middle East & Africa Brassylic Acid Market Outlook, By Spices (2019-2028) ($MN)
Table 118 Middle East & Africa Brassylic Acid Market Outlook, By Surfactant (2019-2028) ($MN)
Table 119 Middle East & Africa Brassylic Acid Market Outlook, By Pharmaceuticals (2019-2028) ($MN)
Table 120 Middle East & Africa Brassylic Acid Market Outlook, By High Performance Polyamides and Nylon (2019-2028) ($MN)