Los Angeles, CA -- (SBWire) -- 01/30/2019 --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 global Protocatechuic Acid (CAS 99-50-3) market is valued at million US$ in 2018 is expected to reach million US$ by the end of 2025, growing at a CAGR of 1.0% during 2019-2025.
This report focuses on Protocatechuic Acid (CAS 99-50-3) volume and value at global level, regional level and company level. From a global perspective, this report represents overall Protocatechuic Acid (CAS 99-50-3) market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan. At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
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The following manufacturers are covered:
Taizhou Zhongda Chemical
Henan Lyle Wormwood
Aktin Chemical
Xi'an Season
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Chemical Synthesis
Plant Extraction
Segment by Application
Medicine
Chemical
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Protocatechuic Acid (CAS 99-50-3) Market Is Presumed to Grow at a CAGR of 1.0% During 2019-2025 - QYResearch
Protocatechuic Acid (CAS 99-50-3) Market report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency.