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Gallic Acid Market Growing at 7.3% CAGR Will Hit 100 Million US$ US$ in 2025

 

Los Angeles, CA -- (SBWIRE) -- 04/19/2019 -- Gallic Acid (CAS 149-91-7) is a trihydroxybenzoic acid, a type of phenolic acid, a type of organic acid, also known as 3, 4, 5-trihydroxybenzoic acid, founded in gallnuts, sumac, witch hazel, tea leaves, oak bark, and other plants. The chemical formula is C6H2 (OH)3COOH.

The leading manufactures mainly are Jiurui Biology, Bei Yuan Chemical, Hunan Linong, Tianxin Biotech and GALLOCHEM. Jiurui Biology is the largest manufacturer; its revenue of global market exceeds 27% in 2017.

Geographically, the global Gallic Acid market has been segmented into North America, Europe, China, India and RoW. The China held the largest production share in the global market, its revenue of global production market exceeds 85% in 2017.

The global Gallic acid (CAS 149-91-7) market was 58 million US$ in 2018 and is expected to 100 million US$ by the end of 2025, growing at a CAGR of 7.3% between 2019 and 2025.

This report studies the Gallic acid (CAS 149-91-7) market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Gallic acid (CAS 149-91-7) in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Jiurui Biology

Bei Yuan Chemical

Hunan Linong

Tianxin Biotech

GALLOCHEM

Xiangxi Gaoyuan

Chicheng Biotech

JPN Pharma

Hunan Shineway

WENZHOU OUHAI

By the product type, the market is primarily split into

Industrial Grade

Pharmaceutical Grade

Food Grade

By the end users/application, this report covers the following segments

Antioxidants

Biological Activity

Medical Applications
Key Regions split in this report:

North America

Asia-Pacific

Europe

Central & South America

Middle East & Africa

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