Barbituric Acid Market Is Predicted to Reach at a 23 Million USD by the End of 2025, with a CAGR of 5.2%: QY Research, Inc.
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Los Angeles, CA -- (SBWire) -- 04/12/2019 --Barbituric acid or malonylurea or 6-hydroxyuracil is an organic compound based on a pyrimidine heterocyclic skeleton. It is an odorless powder soluble in water. Barbituric acid is the parent compound of barbiturate drugs, although barbituric acid itself is not pharmacologically active.
China is the world's largest exporting country. Netherlands, Germany, India, USA and Japan need to import from China to meet the needs of the downstream vitamin or pharmaceutical industry. BASF and DSM are the world's largest consumers of barbituric acid due to their vitamin synthesis business.
Today's industrial marketplace is increasingly competitive and requires the ability to reduce costs, raise production and increase accuracy for any business that is going to survive. For businesses that will truly thrive, the ability to lead development and get products to market faster is also critical.
The global Barbituric Acid market was 16 million US$ in 2018 and is expected to 23 million US$ by the end of 2025, growing at a CAGR of 5.2% between 2019 and 2025.
This report studies the Barbituric Acid 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 Barbituric Acid 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
Zhengzhou Lifeng Chemical
Hebei Chengxin
By the product type, the market is primarily split into
Pharmaceutical Grade
Industrial Grade
By the end users/application, this report covers the following segments
VB2
Barbiturate
Dye Intermediates
Others
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