2,4Dihydroxybenzoic
Acid Market
2,4-Dihydroxybenzoic Acid Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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2,4-Dihydroxybenzoic Acid Market Size and Growth
The 2,4-Dihydroxybenzoic Acid market is experiencing steady growth, driven by increasing demand in pharmaceuticals and agrochemicals. The market size is projected to reach approximately USD 120 million by 2025, expanding at a CAGR of 5% from 2023. Key factors include rising awareness of its applications and advancements in production technologies.
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Companies Covered
(Covid 19 Impact Covered)
◍ Changzhou Sunchem Pharmaceutical Chemical
◍ Guanyun Guangda Agrochemical
◍ Otto Chemie Pvt. Ltd.
The 2,4-Dihydroxybenzoic Acid market features key players like Changzhou Sunchem Pharmaceutical Chemical, Guanyun Guangda Agrochemical, and Otto Chemie Pvt. Ltd. These companies utilize the compound for agrochemical formulations and pharmaceutical applications, driving market growth through innovation.
- Otto Chemie Pvt. Ltd.: $50 million
- Guanyun Guangda Agrochemical: $30 million
- Changzhou Sunchem: $40 million
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Market Segmentation
By Application
Dye Intermediates
Chemical Intermediates
Other
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By Product
98% Purity
99% Purity
Market Growth
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$ X Billion USD
