This report studies the global Azelaic Acid industry status, China market entry and growth opportunity, focuses on the Chinese local and International manufacturers, analyzes the China market competition landscape, market size (value and volume), opportunity and challenge, risk and entry barriers.
Azelaic acid is a crystalline, opaque-white solid, soluble in hot water, alcohols, diethyl ether, and other polar solvents. The two carboxyl groups of azelaic acid limit its solubility in nonpolar solvents such as naphtha or carbon tetrachloride.
It is a 9-carbon, straight chain, saturated, dibasic acid mainly produced commercially by the ozone oxidation of oleic acid. It is chemical raw material used in the production of plastics, lubricants, electronics, pharmaceuticals & cosmetics, etc.
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At present, the major manufacturers of azelaic acid are Emery Oleochemicals, Matrica, BASF, Croda Sipo and Nantong Hengxing Electronic Materials. Emery Oleochemicals is the world’s largest commercial producer of azelaic acid, holding 75.26% sales market share in 2016. The present line of EMEROX® azelaic acids is the result of over 60 years of research by Emery Oleochemicals, pioneer in the commercial development of azelaic acid.
According to our research and analysis, Emery Oleochemicals is the major leaders in the international market of azelaic acid. Manufacturers from China are immature in technology. There is large space in the China market. The demand of China’s azelaic acid market is mainly from two aspects, one is production of domestic small medium enterprises, and another is relying on imports.
The global Azelaic Acid market is valued at 94 million USD in 2017 and is expected to reach 140 million USD by the end of 2025, growing at a CAGR of 5.0% between 2018 and 2025.
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This research report categorizes the China and global Azelaic Acid market by type, end-use industry, and region.
International Manufacturers Covered
China Local Manufacturers Covered
Nantong Hengxing Electronic Materials
Pharmaceuticals & Cosmetics
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