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Home > Chemical & Material > Azelaic Acid
Azelaic Acid

Azelaic Acid Market in India, Industry Outlook and Forecast 2024-2030

Azelaic acid is a crystalline, opaque-white solid, soluble in hot water, alcohols, diethyl ether, and other polar solvents. The two carboxyl groups of

Report Code1679843
Publish Date2024-01-06
Pages60
CategoryChemical & Material
Chemical & Material

Report Overview

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.

This report contains market size and forecasts of Azelaic Acid in India, highlights the following information:

Sales of Azelaic Acid in India: Value 2019 VS 2023 VS 2030, ($ millions)

Sales of Azelaic Acid in India: Volume 2019 VS 2023 VS 2030, (MT)

Sales of Azelaic Acid in India: Revenue Market Share by Company, 2019-2024

Sales of Azelaic Acid in India: Volume Market Share by Company, 2019-2024

India is now the world’s most populous country. According to IMF (its July update to its World Economic Outlook), India’s GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.

India is a market full of opportunities, and the demand for Azelaic Acid will continue to grow rapidly in the future.

The global Azelaic Acid market size was valued at 181250 million in 2023 and is forecast to a readjusted size of US$ 296560 million by 2030, with a CAGR of 7.2% during the forecast period 2024-2030.While the India Azelaic Acid market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. India will account for % percent of Azelaic Acid's global value in 2030, from % in 2023.

Our research team has surveyed the Azelaic Acid manufacturers, suppliers, distributors, and industry experts on this industry, involving the sales, Value, demand, price change, product matrix, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

India Azelaic Acid Market, By Type, 2019-2024, 2025-2030 ($ Millions) & (MT)

India Azelaic Acid Market Segment Percentages, By Type, 2023 (%)

Industrial Grade

Pharmaceutical Grade

GMP Pharmaceutical Grade

India Azelaic Acid Market, By Application, 2019-2024, 2025-2030 ($ Millions) & (MT)

India Azelaic Acid Market Segment Percentages, By Application, 2023 (%)

Plastics

Lubricants

Electronics

Pharmaceuticals and Cosmetics

Others

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Azelaic Acid revenues in India market, 2019-2024 (Estimated), ($ millions)

Key companies Azelaic Acid sales in India market, 2019-2024 (Estimated), (MT)

Further, the report presents profiles of competitors in the market, key players include:

Emery Oleochemicals

Matrica SpA

BASF

Croda Sipo

Ninghai Zhonglong

Jiangsu Senxuan

Nantong Hengxing Electronic Materials

Shandong Clearwill

Hubei Tuochu

market growth

Market Size Overview

USD Million

-

2026

-

2032

-

CAGR (2024-2032)
MARKET SIZE 2026
USD - MN
Million
MARKET SIZE 2032
USD - MN
Million
CAGR (2026-2032)
-
FASTEST GROWING REGION
Asia Pacific
LARGEST MARKET
Asia Pacific

Key Market Segmentation

By Purity Level
By Purity Level
  • 4N
  • 5N
  • 6N
  • Others
By Application
By Application
  • Semiconductor
  • Display
  • Solar
  • Others
By End-User Industry
By End-User Industry
  • Electronics
  • Optoelectronics
  • Photovoltaics
  • Others
By Region
By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Regional Market Insights

worldmap
Asia Pacific
Asia Pacific

China, Japan, South Korea, Southeast Asia, India

North America
North America

U.S., Canada, Mexico

Europe
Europe

Germany, France, UK, Italy

South America
South America

Brazil, etc.

Middle East and Africa
Middle East and Africa

Turkey, GCC Countries, Africa, etc.

Global Perspective. Local Insight.

Our reports deliver comprehensive regional coverage to help you understand market dynamics, identify growth opportunities, and make informed decisions.

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