Market
Overview:
Isatoic acid anhydride is used in various
industry such as agricultural, pharmaceutical, and others but the Isatoic Acid
Anhydride Market 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 Market. 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.
Market
Segmentation-
Global Isatoic Acid Anhydride Market is segmented
by applications, and end user industry, and region. On the basis of
applications the Isatoic Acid Anhydride Market 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 Market 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 Market in the forecasted period.
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.
Regional
Analysis :
Asia Pacific is the largest market of Isatoic Acid Anhydride Market 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 Market followed by increasing in the
consumption of Isatoic Acid Anhydride Market in Europe region. In Europe
region, Isatoic Acid Anhydride Market 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 Market due to
various application such as pharmaceutical, dye & pigments, perfume,
agrochemicals, and others.
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