Pelargonic acid is a specialized organic chemical molecule that is produced both naturally and chemically as esters. Pelargonic acid, is a white liquid chemical with a foul stench. Pelargonic acid is slightly soluble in water, but miscible in a variety of organic solvents such as alcohols. Furthermore, the pelargonic acid ammonium salt is employed as a pesticide, particularly as a plant protection pesticide (herbicides). Herbicide reacts by destroying the plant's waxy cuticle (hydroxy fatty acid), resulting in cell leakage, disruption, and desiccation death.
Pelargonic acid does not have the same qualities as other chemicals used in chemical plants, making it less dangerous and harmful. Pelargonic acid is an antifungal substance that is also used to make plasticizers and lacquers. Nonanoate refers to the salts and esters of pelargonic conjugate acids. Nonanoate is made from nonane hydride. Furthermore, it can be found in very small amounts in a variety of commonly consumed foods such as goat's milk, apples and grapes.
Market Dynamics
Due to the increased adoption of herbicides or plant protection pesticides to control weeds in plants and turf-grass, pelargonic acid or nonanoic acid consumption is expected to grow significantly in the forecast period. Pesticides, particularly herbicides, have seen significant expansion in recent years all around the world. Due to the rising demand for herbicides, the ammonium salt of pelargonic acid, ammonium nonanote, has seen excellent growth, which is expected to pave the way for pelargonic acids robust rise globally throughout the forecast period.
During the projected period, the limited application of pelargonic acid and the use of alternatives are expected to restrain the global pelargonic acid market growth.
Key features of the study:
- This report provides in-depth analysis of the global pelargonic acid market size (US$ Million & Kilotons), and compound annual growth rate (CAGR %) for the forecast period (2021 – 2027), considering 2020 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
- It profiles leading players in the global pelargonic acid market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include Central Drug House, Croda International Plc., Emery Oleochemicals, Glentham Life Sciences Limited, Haihang Industry, Kunshan Odowell Co., Ltd, Matrica S.p.A, OQ Chemicals GmbH, Tokyo Chemical Industry Co., Ltd., and Zhengzhou Yibang Industry & Commerce Co., Ltd.
- Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, Product Type up-gradation, market expansion, and marketing tactics
- The global pelargonic acid market report caters to various stakeholders in this industry including investors, suppliers, pelargonic acid manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global pelargonic acid market
Detailed Segmentation:
- Pelargonic Acid Market, By Grade:
- Natural Grade
- Synthetic Grade
- Pelargonic Acid Market, By Application:
- Detergents
- Lubricants
- Lacquer & Coatings
- Herbicide
- Food Additives
- Others (Personal Care & Cosmetics, etc.)
- Pelargonic Acid Market, By Region:
- North America
- By Grade:
- Natural Grade
- Synthetic Grade
- By Application:
- Detergents
- Lubricants
- Lacquer & Coatings
- Herbicide
- Food Additives
- Others (Personal Care & Cosmetics, etc.)
- By Country:
- Latin America
- By Grade:
- Natural Grade
- Synthetic Grade
- By Application:
- Detergents
- Lubricants
- Lacquer & Coatings
- Herbicide
- Food Additives
- Others (Personal Care & Cosmetics, etc.)
- By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- By Grade:
- Natural Grade
- Synthetic Grade
- By Application:
- Detergents
- Lubricants
- Lacquer & Coatings
- Herbicide
- Food Additives
- Others (Personal Care & Cosmetics, etc.)
- By Country:
- U.K.
- Germany
- Italy
- Spain
- Russia
- Rest of Europe
- Asia-Pacific
- By Grade:
- Natural Grade
- Synthetic Grade
- By Application:
- Detergents
- Lubricants
- Lacquer & Coatings
- Herbicide
- Food Additives
- Others (Personal Care & Cosmetics, etc.)
- By Country:
- China
- India
- Japan
- South Korea
- ASEAN
- Australia
- Rest of Asia Pacific
- Middle East & Africa
- By Grade:
- Natural Grade
- Synthetic Grade
- By Application:
- Detergents
- Lubricants
- Lacquer & Coatings
- Herbicide
- Food Additives
- Others (Personal Care & Cosmetics, etc.)
- By Sub-region:
- Company Profiles
- Central Drug House
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Croda International Plc.
- Emery Oleochemicals
- Glentham Life Sciences Limited
- Haihang Industry
- Kunshan Odowell Co., Ltd
- Matrica S.p.A
- OQ Chemicals GmbH
- Tokyo Chemical Industry Co., Ltd.
- Zhengzhou Yibang Industry & Commerce Co., Ltd.
“*” marked represents similar segmentation in other categories in the respective.
