Market
Overview:
Isatoic acid anhydride is used in various
industry such as agricultural, pharmaceutical, and others but the Isatoic Acid
Anhydride Industry is especially driven by agriculture industry. It is highly
used as intermediate for herbicides, pesticides, flavors, organo luminophores,
fragrances, saccharin, pigments, dye carriers, ultraviolet light absorbers,
intumescent agents, antioxidants, and others. In addition, the growing
agriculture industry is driving the Isatoic Acid Anhydride Industry. On the
basis of geography, market share of Isatoic acid anhydride is high in Asia
Pacific region and is also expected to increase at a high growth rate as
compared to other regions such as North America, Europe, Latin America and
Middle East.
Competitive
analysis-
Ø
BASF SE
Ø
The Dow
Chemical Company
Ø
Alfa
Aesar
Ø
Crystal
Quinone Pvt. Ltd.
Ø
Taj
Active Pharmaceuticals Ingredients
Ø
Wujiang
New Sunlion Chemical Co., Ltd.
Ø
HIMALAYA
CHEMICALS
Ø
ISHITA
INDUSTRIES
Ø
KESHAR
EMULSION PVT LTD
Ø
TCI
Development Co., Ltd
The study was
conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry. The report contains a
comprehensive market and vendor landscape in addition to a SWOT analysis of key
vendors.
Market
Segmentation-
The Isatoic
Acid Anhydride Industry is segmented by applications, and end user
industry, and region. On the basis of applications the Isatoic Acid Anhydride
Industry is divided by dye & pigments, pesticides, herbicides, saccharin,
flavors, and others. Isatoic acid anhydride extensively used in the production
of a wide range of dyes and fine chemicals. Industrially, isatoic acid
anhydride is an intermediate in the production of azo dyes. Furthermore,
Isatoic acid anhydride is also highly applicable as an intermediate in various
pesticides such as insecticides, fungicides, herbicides, sprout inhibitors,
biocides, and others. Isatoic acid anhydride also used as saccharin to sweeten
products such as drinks, candies, cookies, and medicines. Several investigators
worked on the synthesis of isatoic acid anhydride dyes in the various
conditions which have shown significant biological activity especially against
bacteria S. aureus and E. coli. The mixed ligand complexes of cobalt, nickel,
copper, and zinc with isatoic acid anhydride and tributylphosphine have shown
profound activity against Staphylococcus, Klebsiella SPP. and Bacillas.
Furthermore, the rhodium complexes with (N-phenyl) isatoic acid anhydride
ligands are used as catalysts for the hydrogenation. Several other mixed
ligands complexes with isatoic acid anhydride were described to have antifungal
and antibacterial features. The isatoic acid anhydride complexes have varied
application in daily life and some of them have been found useful for human
life while others are harmful.
On the basis of end use industry the Isatoic
Acid Anhydride Industry segmented as pharmaceutical, agrochemicals, perfume,
food & beverages, and others. Among all industry agriculture and
pharmaceutical industry occupied the highest market share. The increasing
consumption of Isatoic acid anhydride in various industry such pharmaceutical,
agrochemicals, perfume, food & beverages, and others will drive the global Isatoic
Acid Anhydride Industry in the forecasted period.
Regional
Analysis :
Asia Pacific is the largest market of
isatoic acid anhydride due to huge consumption in dye & pigments, and
agrochemical industry, in China region followed by India, Thailand, and Japan.
Increasing demand for agrochemical industry in China, India, Japan, Taiwan, and
South Korea has made Asia Pacific largest consumer of the global Isatoic Acid
Anhydride Industry followed by increasing in the consumption of Isatoic Acid
Anhydride Industry in Europe region. In Europe region, Isatoic Acid Anhydride
Industry is drive by perfume, pharmaceutical, and food & beverages
industry. In addition, the third largest market of Isatoic acid anhydride is
North America region due to large consumption in agricultural, pharmaceutical,
and others industry. Moreover, Latin America and Middle East also observed in
growth of Isatoic Acid Anhydride Industry due to various application such as
pharmaceutical, dye & pigments, perfume, agrochemicals, and others.
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