IMINODIACETIC ACID (IDA)
MARKET OVERVIEW
Iminodiacetic acid, often abbreviated to IDA, is an amino dicarboxylic acid where glycine has one of the hydrogens attached to the nitrogen substituted by a carboxymethyl group.
This growth is driven by increased demand across sectors such as herbicides, pharmaceuticals, semiconductors, and chelate resins.
MARKET SIZE AND GROWTH
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MARKET SIZE (2023):
APPROXIMATELY USD USD 182 MILLION
PROJECTED MARKET SIZE (2032): AROUND USD 182 MILLION
COMPOUND ANNUAL GROWTH RATE (CAGR): 2.80% DURING THE FORECAST PERIOD.
By Type
MARKET SEGMENTATION
REGIONAL ANALYSIS
Study focuses on evaluating the market landscape, consumer trends, and competition pertinent to the new product.
EUROPE
MIDDLE EAST & AFRICA
Growing market driven by urbanization and agriculture
SOUTH AMERICA
Increasing demand in agriculture
NORTH AMERICA
Strong demand in pharmaceuticals and semiconductors
Steady growth driven by herbicide and chelate applications
ASIA-PACIFIC
Rapid expansion, especially in pharmaceuticals and electronics
KEY PLAYERS
Bayer
Hubei
Sanonda
Beier Group
CAC
GROUP
Rainbow
Chemical
