Global Phloroglucinol Market Growth 2023-2029

Global Phloroglucinol Market Growth 2023-2029

Product Code:454166

Published Date: Apr 26,2023

Pages: 95

Region: Global

Category: Chemical & Material

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The global Phloroglucinol market size is projected to grow from US$ 21 million in 2022 to US$ 25 million in 2029; it is expected to grow at a CAGR of 2.9% from 2023 to 2029.

Global phloroglucinol key players include Taixing Yinxin Chemical, Jiangsu Dingye Pharmaceutical and Shouguang Fukang Pharmacy, etc. Global top five manufacturers hold a share about 85%. In terms of product, phloroglucinol anhydrous is the largest segment, with a share about 74%. And in terms of application, the largest application is pharmaceuticals, with a share about 88%.

Phloroglucinol is an organic compound that is mainly used in pharmaceuticals. Its molecular formula is C3H6O3, with molecular weight of 126.11004 g/mol. Phloroglucinol can be used to relieve convulsions as bulk pharmaceutical and manufacture various pharmaceuticals as pharmaceutical chemical intermediates. In industry, phloroglucinol can be applied in aqueous adhesives and it also serve as a coupler in textiles dyeing.

LPI (LP Information)' newest research report, the “Phloroglucinol Industry Forecast” looks at past sales and reviews total world Phloroglucinol sales in 2022, providing a comprehensive analysis by region and market sector of projected Phloroglucinol sales for 2023 through 2029. With Phloroglucinol sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Phloroglucinol industry.

This Insight Report provides a comprehensive analysis of the global Phloroglucinol landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Phloroglucinol portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Phloroglucinol market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Phloroglucinol and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Phloroglucinol.

This report presents a comprehensive overview, market shares, and growth opportunities of Phloroglucinol market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Phloroglucinol Anhydrous
    Phloroglucinol Dihydrate

Segmentation by application
    Pharmaceuticals
    Dyeing Couplers
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Shouguang Fukang Pharmaceutical
    Taixing Yinxin Chemical
    Jiangsu Dingye Pharmaceutical
    Beijing Wisdom Chemicals
    Hebei Jianxin Chemical
    Kaifeng Mingren Pharmaceutical
    Clent Chemical

Key Questions Addressed in this Report
What is the 10-year outlook for the global Phloroglucinol market?
What factors are driving Phloroglucinol market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Phloroglucinol market opportunities vary by end market size?
How does Phloroglucinol break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?