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.
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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-
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.
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 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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