Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
Brassylic Acid Market size was valued at US$ 64.3 million in 2022 and is poised to grow at a significant CAGR of 4.8% over 2023-2029. Brassylic acid is a long-chain dicarboxylic acid produced from erucic acid ozonolysis. Brassylic acid has the chemical formula C13H24O4. Microorganisms such as Candida species also generate the acid. Brassylic acid market growth is expected to accelerate due to the wide range of applications for Brassylic acid in various fields, such as the chemical industry. Brassylic acid is widely utilized in the fragrance and perfume industries, as well as the chemical industry. Brassylic acid's properties, such as low moisture retention capacity, abrasion resistance, and strength, make it a suitable raw material for lubricants, adhesives, and polymers such as nylon. Such factors are projected to boost the worldwide Brassylic acid market. Based on the application, the global Brassylic acid market is segmented into Polymers, Adhesives, Lubricants, Fragrances, and Others. The Fragrances segment is anticipated to grow at a significant CAGR over the forecast years. Owing to customer demand for aroma items such as soaps, perfumes, and candles, As the fragrance business expands, the need for Brassylic acid as raw material and the Brassylic acid market is likely to grow at a quick pace. Rising applications of Brassylic acid in different end-use sectors, such as fragrances and perfumes, lubricants, and adhesives, are likely to drive market expansion over the forecast period.
Study Period
2024-2030Base Year
2023CAGR
4.8%Largest Market
Asia PacificFastest Growing Market
Asia-Pacific
Shifting preferences from polycyclic acid to brassylic acid for perfume production is a critical aspect projected to give profitable prospects for the brassylic acid market during the forecast period. According to a press release from the "International Fragrance Association" 2019, fragrance industry sales in regions such as Europe, MEA, and Latin America were valued at US$ 8.03 billion in 2017. Due to which the rising perfume and fragrance sector worldwide will provide adequate demand for brassylic acid during the projection period. Moreover, Brassylic acid is widely used in the production of nylon and adhesives because it is a diacid that gives significant chemical properties to polymers, such as strength, abrasion resistance, and corrosion resistance. Such factors will very certainly drive market growth in the following years.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2022 |
US$ 64.3 million |
Market CAGR |
4.8% |
By Form |
|
By Application |
|
By Region |
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The brassylic acid market size was valued at US$ 64.3 million in 2022
The key segments covered in the restless leg’s syndrome market are technology, components, application, and end-users.
The brassylic acid market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
The brassylic acid market key players are Cathay Industrial Biotech, Palmary Chemical, Unisource Chemicals Pvt Ltd, Zibo Guangtong Chemical Co Ltd, Beyo Chemical Co Ltd, Larodan Ab, Evonik Industries, Nantong Senos Biotechnology Co Ltd, Shanghai Kaleys Holding Co Ltd
1. Executive Summary |
2. Global Brassylic Acid Market Introduction |
2.1. Global Brassylic Acid Market – Taxonomy |
2.2. Global Brassylic Acid Market –Definitions |
2.2.1. By Form |
2.2.2. By Application |
2.2.3. By Region |
3. Global Brassylic Acid Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Global Brassylic Acid Market Dynamic Factors - Impact Analysis |
3.6. Global Brassylic Acid Market – Competition Landscape |
4. Global Brassylic Acid Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 |
4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Brassylic Acid Market, By Form, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
5.1. Flakes |
5.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Powder |
5.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Diluted |
5.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
6. Global Brassylic Acid Market Forecast, By Application, 2017 - 2021 and Forecast, 2022 - 2028 |
6.1. Polymers |
6.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Adhesives |
6.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Lubricants |
6.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Fragrance |
6.4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Others |
6.5.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
7. Global Brassylic Acid Market Forecast, By Region, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
7.1. North America |
7.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Europe |
7.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Asia-Pacific |
7.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Latin America |
7.4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Middle East and Africa |
7.5.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
7.6. Global Brassylic Acid Market - Opportunity Analysis Index, By Form, Application, and Region, 2022 - 2028 |
8. North America Brassylic Acid Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
8.1. By Form Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
8.1.1. Flakes |
8.1.2. Powder |
8.1.3. Diluted |
8.2. By Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
8.2.1. Polymers |
8.2.2. Adhesives |
8.2.3. Lubricants |
8.2.4. Fragrance |
8.2.5. Others |
8.3. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
8.3.1. USA |
8.3.2. Canada |
8.4. North America Brassylic Acid Market - Opportunity Analysis Index, By Form, Application, and Country, 2022 - 2028 |
8.5. North America Brassylic Acid Market Dynamics – Trends |
9. Europe Brassylic Acid Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
9.1. By Form Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
9.1.1. Flakes |
9.1.2. Powder |
9.1.3. Diluted |
9.2. By Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
9.2.1. Polymers |
9.2.2. Adhesives |
9.2.3. Lubricants |
9.2.4. Fragrance |
9.2.5. Others |
9.3. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
9.3.1. Germany |
9.3.2. UK |
9.3.3. France |
9.3.4. Spain |
9.3.5. Italy |
9.3.6. Rest of Europe |
9.4. Europe Brassylic Acid Market - Opportunity Analysis Index, By Form, Application, and Country, 2022 - 2028 |
9.5. Europe Brassylic Acid Market Dynamics – Trends |
10. Asia-Pacific Brassylic Acid Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
10.1. By Form Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
10.1.1. Flakes |
10.1.2. Powder |
10.1.3. Diluted |
10.2. By Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.2.1. Polymers |
10.2.2. Adhesives |
10.2.3. Lubricants |
10.2.4. Fragrance |
10.2.5. Others |
10.3. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
10.3.1. Japan |
10.3.2. China |
10.3.3. India |
10.3.4. ASEAN |
10.3.5. Australia & New Zealand |
10.3.6. Rest of Asia-Pacific |
10.4. Asia-Pacific Brassylic Acid Market - Opportunity Analysis Index, By Form, Application, and Country, 2022 - 2028 |
10.5. Asia-Pacific Brassylic Acid Market Dynamics – Trends |
11. Latin America Brassylic Acid Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
11.1. By Form Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
11.1.1. Flakes |
11.1.2. Powder |
11.1.3. Diluted |
11.2. By Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.2.1. Polymers |
11.2.2. Adhesives |
11.2.3. Lubricants |
11.2.4. Fragrance |
11.2.5. Others |
11.3. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
11.3.1. Brazil |
11.3.2. Mexico |
11.3.3. Argentina |
11.3.4. Rest of Latin America |
11.4. Latin America Brassylic Acid Market - Opportunity Analysis Index, By Form, Application, and Country, 2022 - 2028 |
11.5. Latin America Brassylic Acid Market Dynamics – Trends |
12. Middle East and Africa Brassylic Acid Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
12.1. By Form Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
12.1.1. Flakes |
12.1.2. Powder |
12.1.3. Diluted |
12.2. By Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.2.1. Polymers |
12.2.2. Adhesives |
12.2.3. Lubricants |
12.2.4. Fragrance |
12.2.5. Others |
12.3. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
12.3.1. Gulf Cooperation Council (GCC) Countries |
12.3.2. Israel |
12.3.3. South Africa |
12.3.4. Rest of MEA |
12.4. MEA Brassylic Acid Market - Opportunity Analysis Index, By Form, Application, and Country, 2022 - 2028 |
12.5. MEA Brassylic Acid Market Dynamics – Trends |
13. Competition Landscape |
13.1. Strategic Dashboard of Top Market Players |
13.2. Company Profiles (Introduction, Financial Analysis, Sales Channel & Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
13.2.1. Cathay Industrial Biotech |
13.2.2. Palmary Chemical |
13.2.3. Unisource Chemicals Pvt. Ltd. |
13.2.4. Zibo Guangtong Chemical Co., Ltd. |
13.2.5. Beyo Chemical Co., Ltd |
13.2.6. Larodan Ab |
13.2.7. Evonik Industries |
13.2.8. Nantong Senos Biotechnology Co., Ltd. |
13.2.9. Shanghai Kaleys Holding Co., Ltd. |
14. Research Methodology |
15. Key Assumptions and Acronyms |
Key Market Players