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Protocatechuic Acid (CAS 99-50-3) Market Growth By Regional Analysis (America, Europe, Asia Pacific, and Middle East & Africa) Growth Opportunity and Industry Forecast 2023-2030

ID : MRU_112287 | Date : Feb, 2023 | Pages : 168 | Region : Global

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This report studies the Protocatechuic Acid (CAS 99-50-3) market, Protocatechuic acid (PCA) is a dihydroxybenzoic acid, a type of phenolic acid. It is a major metabolite of antioxidant polyphenols found in green tea. It has mixed effects on normal and cancer cells in in vitro and in vivo studies.
Natural extraction and chemical synthesis are major ways to produce protocatechuic acid. Production cost of natural extraction is relatively high, which makes the process less feasible. Currently Xi&an Season is extracting protocatechuic acid from the leaves of the holly branch. Taizhou Zhongda Chemical, Aktin Chemical and Henan Lyle Wormwood produce protocatechuic acid from chemical synthesis of Vanillin. Taizhou Zhongda Chemical is the largest supplier with capacity of 50.0 MT per year.
The downstream of protocatechuic acid can be classified as Medicine, Chemical, etc. It is mainly used in the fields of pharmaceutical synthesis, organic intermediate synthesis, dye synthesis and chemical reagents. Medicine is the major application of protocatechuic acid with market share of 72.91% in 2017. Protocatechuic acid is widely used to produce many medical products such as erlotinib (antineoplastic), veratridine (sodium channel inactivation inhibitor), hydrochloric acid Mai Pi skin Lin (respiratory drug), Picatin II (treatment of hepatitis B), itopride hydrochloride (new gastrointestinal motility drug), etc.

The report offers detailed coverage of Protocatechuic Acid (CAS 99-50-3) industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Protocatechuic Acid (CAS 99-50-3) by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Protocatechuic Acid (CAS 99-50-3) market to grow to reach xxx Million USD in 2023 with a CAGR of xx% during the period 2023-2030.

First, this report covers the present status and the future prospects of the global Protocatechuic Acid (CAS 99-50-3) market for 2018-2030.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Taizhou Zhongda Chemical
Henan Lyle Wormwood
Aktin Chemical
Xi&an Season
At the same time, we classify Protocatechuic Acid (CAS 99-50-3) according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Chemical Synthesis
Plant Extraction
Market by Application
Medicine
Chemical
Others

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Protocatechuic Acid (CAS 99-50-3) market for the forecast period 2023 - 2030?
• What are the driving forces in the Protocatechuic Acid (CAS 99-50-3) market for the forecast period 2023 - 2030?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Protocatechuic Acid (CAS 99-50-3) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

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