Phenylacetic Acid Market Is Expected To Grow By 2021 – Latest Report By Hexa Reports

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“Phenylacetic Acid” is an organic compound containing a phenyl functional group and a carboxylic acid functional group.

Phenylacetic Acid also known as PAA (conjugate base phenylacetate), also known by various synonyms. It is an organic compound containing a phenyl functional group and a carboxylic acid functional group. It is a white solid with a disagreeable odor. This compound may be prepared by the hydrolysis of benzyl cyanide. Phenylacetic acid is used in some perfumes, as it possesses a honey like odor in low concentrations. It is also used in penicillin G production and diclofenac production.

It is also employed to treat type II hyperammonemia to help reduce the amounts of ammonia in a patient’s bloodstream by forming phenylacetyl, which then reacts with nitrogen rich glutamine to form phenylacetylglutamine. Phenylacetic acid (PAA and synonyms are ?-toluic acid, benzeneacetic acid, alpha tolylic acid, 2-phenylacetic acid, Beta-phenylacetic acid) is an organic compound containing a phenyl functional group and a carboxylic acid functional group. It is a white solid with a disagreeable odor.

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Because it is used in the illicit production of phenylacetone (used in the manufacture of substituted amphetamines), it is subject to controls in countries including the United States and China. The global phenylacetic acid market is expected to grow during the forecast period. The towering competitive phenylacetic acid market has been observing huge and whooping investments in development and research from government as well as private firms.

All aspects of the phenylacetic acid industry are quantitatively as well as qualitatively assessed to study the global as well as regional phenylacetic acid market comparatively. Phenylacetic acid is used to synthesize many other organic compounds. Mandelic acid is toxic to bacteria in acidic solution and is used to treat urinary infections. The global phenylacetic acid market is segmented by product types, application and geography. On the basis of product types, the global phenylacetic acid market is segmented into pharmaceutical grade, chemical grade and so on.

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On the basis of application, the global phenylacetic acid market is segmented into penicillin, flavour and fragrance, pesticide intermediates and so on. On the basis of geography, the global phenylacetic acid market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Asia Pacific is anticipated to dominate the global phenylacetic acid market during the forecast period. North America and Europe are expected to witness a steady growth in consumption of phenylacetic acid during the forecast period. Europe holds the highest opportunity for phenylacetic acid market in the coming years. The key players of global phenylacetic acid market are Apollo, CUC, Hebei Chengxin, Henan Liutong, Hebei Zehao Biotechnology, Huaqing, White deer, TUL, Alembic, Gow Chemical, Jinguan Chemical, and SPI.

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