Hydrofluoric Acid Global Market Report 2023 – By Product Type (Electronic Hydrofluoric Acid, Industrial Hydrofluoric Acid), By Grade (Anhydrous, Diluted), By Application (Fluorocarbon, Fluorinated Derivatives, Metal Picking, Glass Etching, Oil Refining, Other Applications) – Market Size, Trends, And Global Forecast 2023-2032

Phosphoric acid is a tricrotic acid that exists in the form of a dense liquid. It is corrosive to both human and laboratory animal skin, eyes, and mucous membranes. Dilute solutions of phosphoric acid have a pleasing acid taste. Thus, it is also used as a food additive, lending acidic properties to soft drinks and other prepared foods, and in water treatment products. Phosphoric acid is used as a component of fertilizers, detergents, and many household cleaning products. The main types of phosphoric acid are calcium phosphate, phosphoric acid, potassium phosphate, and sodium tripolyphosphate. Calcium phosphate is a calcium salt of phosphoric acid with a chemical formula of Ca3(PO4)2. It is also known as calcium phosphate tribasic or tricalcium phosphate and appears as a white amorphous or crystalline powder that is odorless and tasteless. The different process types include the furnace process, the dry kiln process, and others that have various grades such as food, agricultural, and industrial. The end-user industries using this acid are fertilizer, food and beverages, chemicals, medicine, metallurgy, and others. The global phosphoric acid market is segmented - 1) By Type: Calcium Phosphate, Sodium Tripolyphosphate, Potassium Phosphate, Other Types 2) By Grade: Food, Agricultural, Industrial 3) By Process Type: Furnace Process, Dry Kiln Process, Other Process Types 4) By End-User: Fertilizer, Food and Beverages, Chemicals, Medicine, Metallurgy, Other End-Users The global phosphoric acid market size grew from $46.53 billion in 2022 to $49.37 billion in 2023 at a compound annual growth rate (CAGR) of 6.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the phosphoric acid market is expected to grow to $59.94 billion in 2027 at a CAGR of 5.0%. The increasing demand for Di-ammonium Phosphate (DAP) fertilizers is significantly contributing to the growth of the phosphoric acid market. Di-ammonium phosphate is one of a series of water-soluble ammonium phosphate salts that can be produced when ammonia reacts with phosphoric acid. Phosphoric acid is widely utilized in fertilizer production because its combination with finely ground phosphate produces triple superphosphate (TSP), monoammonium phosphate (MAP), and diammonium phosphate (DAP). For instance, according to the World Bank, a US-based international financial institution, phosphate DAP prices jumped 23% owing to increased demand by farmers across the world. Furthermore, according to an article published by the American Farm Bureau Federation, a US-based insurance company, in the year 2019/20 global fertilizer demand was 190.5 MMT (million metric tons), and in 2020/21 global fertilizer demand reached 192.9 MMT (million metric tons). Therefore, the increasing demand for DAP phosphate fertilizers is driving the demand for the phosphoric acid market. Major players in the phosphoric acid market are The Mosaic Company, PJSC PhosAgro, Prayon, EuroChem Group AG, OJSC Phosagro, Prayon Group, Israel Chemical Ltd., Yara International, OCP S.A., Yuntianhua Group, Fertiliser and Chemicals Travancore Ltd., and Kazphosphate LIC. Technological innovations are the key trend gaining popularity in the phosphoric acid market. Phosphoric acid companies are continuously developing new technology and advanced products to increase their share in the market. For instance, in December 2021, Clean TEQ Water, an Australia-based water treatment and resource recovery company, launched the new PHOSPHIX technology, which combines continuous ionic filtration (CIF) technology and chemical precipitation to particularly remove phosphate from water and recover a reusable solid phosphorus product. PHOSPHIXTM achieves very low effluent concentrations (0.1 ppm) with over 99% water recovery and recycles phosphate into hydroxyapatite, which is used to produce fertilizer. In May 2021, Desmet Ballestra Group, a France-based engineering, and provision of facilities and machinery company, acquired Buss ChemTech AG for an undisclosed amount. With this acquisition, Desmet Ballestra would round off its offer in the fertilizer industry in addition to expanding its applications portfolio in gas-liquid reaction processes, including alkoxylation, hydrogenation, and phonation. Furthermore, by employing Desmet Ballestra Group's project management, engineering, procurement, and field skills, Buss would be able to increase the range of services that it can provide to clients. Buss ChemTech AG is a Switzerland-based company specializing in developing and licensing chemicals, including phosphoric acid. Asia-Pacific was the largest region in the phosphoric acid market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the phosphoric acid market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the phosphoric acid market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The phosphoric acid market consists of sales of hypophosphorous acid, orthophosphorous acid and pyrophosphoric acid. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The phosphoric acid market research report is one of a series of new reports from The Business Research Company that provides phosphoric acid market statistics, including phosphoric acid industry global market size, regional shares, competitors with phosphoric acid market share, detailed phosphoric acid market segments, market trends, and opportunities, and any further data you may need to thrive in the phosphoric acid industry. This phosphoric acid market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Hyaluronic acid-based dermal fillers refer to a form of dermal filler that is only used for a short period of time. Hyaluronic acid attracts water to the skin, making it more moisturized. It is used to treat shallow and fine wrinkles with Belotero and Restyling Silk, which prevents skin from aging. The main types of hyaluronic acid-based dermal fillers are single-phase products, and duplex products. Single-phase products are widely employed for a variety of skin-related applications to address abnormalities in the soft face tissues since the uncross-linked HA increases elastin and collagen production, making the skin appear more youthful and healthier. They are used in specialty and dermatology clinics, hospitals and clinics for various applications such as wrinkle removal, lip augmentation, rhinoplasty, and other applications. The global hyaluronic acid based dermal fillers market is segmented - 1) By Product: Single-Phase Product, Duplex Product 2) By Usage: Speciality And Dermatology Clinics, Hospitals And Clinics 3) By Application: Wrinkle Removal, Lip Augmentation, Rhinoplasty, Other Applications The global hyaluronic acid-based dermal fillers market size grew from $3.97 billion in 2022 to $4.44 billion in 2023 at a compound annual growth rate (CAGR) of 11.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the hyaluronic acid-based dermal fillers market is expected to grow to $6.65 billion in 2027 at a CAGR of 10.6%. Increasing demand for non-invasive dermatology techniques is driving the growth of hyaluronic acid-based dermal fillers. Deep palpation, x-rays, and blood pressure checks are examples of non-invasive tests that require breaking the skin or entering the body. Most of the treatments are non-invasive and are done by using acid-based dermal fillers as they have minimal risks involved and give long-lasting results. For instance, in February 2022, The American Society of Plastic Surgeons (ASPS), a society for American plastic surgeons, said that every year more than 17 million adults opt for cosmetic surgeries that consist of minimally invasive options such as body contouring, lasers, and injections. This demand is expected to drive the hyaluronic acid-based dermal fillers market. Major players in the hyaluronic acid-based dermal fillers market are Bohus Biotech AB, Allergan, Galderma Laboratories L.P., Merz Pharmaceuticals, Genzyme Corporation, Anika Therapeutics Inc., LG Life Sciences, Bio Plus Co. Ltd., Sculpt Luxury Dermal Fillers Ltd., Bioxis Pharmaceutical, Sinclair Pharma, Laboratories Vivacy, Medicis Aesthetics Holdings, Inc., and Inamed Corp. Technological advancements are shaping the hyaluronic acid-based dermal fillers market. Major companies operating in the hyaluronic acid-based dermal fillers sector are focused on developing new technological solutions to strengthen their position in the hyaluronic acid-based dermal fillers. For instance, in 2021, a new treatment called laser resurfacing treatments was introduced in the market which is more efficient and less invasive, addressing multiple skin concerns. It uses lasers to solve all the skin problems at once making them more appealing. Moreover, the treatment can also be used to cope with the COVID-19 stress. In October 2020 Allergan Aesthetics, an U.S-based manufacturer of drugs and medical devices in the areas of medical aesthetics, eye care, central nervous system acquired Luminera Dermal Filler for an undisclosed amount. Through this acquisition, Allergan Aesthetics will acquire Luminera's entire dermal filler portfolio as well as its RandD pipeline, complementing Allergan Aesthetics' leading dermal filler portfolio with its JUVÉDERM® filler collection. Luminera is a manufacturer and an R and D company for injectable medical devices in the aesthetic medicine field. North America was the largest region in the hyaluronic acid-based dermal fillers market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in hyaluronic acid-based dermal fillers market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the hyaluronic acid-based dermal fillers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The hyaluronic acid-based dermal fillers market consists of sales of fat grafting, permanent soft tissue filler, poly-l-lactic acid, calcium hydroxylapatite, and hyaluronic acid. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The hyaluronic acid-based dermal fillers market research report is one of a series of new reports from The Business Research Company that provides hyaluronic acid-based dermal fillers market statistics, including hyaluronic acid-based dermal fillers industry global market size, regional shares, competitors with a hyaluronic acid-based dermal fillers market share, detailed hyaluronic acid-based dermal fillers market segments, market trends and opportunities, and any further data you may need to thrive in the hyaluronic acid-based dermal fillers industry. This hyaluronic acid-based dermal fillers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The amino acid are used for animal as well as human nutrition. Amino acids consist of an acidic carboxyl group (COOH), a basic amino group (NH2), and an organic R group that is unique to each amino acid. Amino acids refer to the basic elements of proteins and are found in red meat, seafood, eggs, dairy products, and soy products. It helps to improve the immune system, combat arthritis and cancer, and cure tinnitus and rectal ailments. These are useful in the synthesis of neurotransmitters and hormones in the human body. The main types of amino acids are histidine, isoleucine, leucine, glutamate, lysine, methionine, threonine, and other types. Glutamate is used to form proteins in the body. It is a chemical that helps nerve cells in the brain send and receive information from other cells and is involved in learning and memory. The different sources include animal-based and plant-based, which are used in animal feed, food and beverages, pharma and health care, nutraceuticals, cosmetics and personal care, and other applications. The global amino acid market is segmented - 1) By Type: Histidine, Isoleucine, Leucine, Glutamate, Lysine, Methionine, Threonine, Other Types 2) By Source: Animal-Based, Plant-Based 3) By Application: Animal Feed, Food and Beverages, Pharma and Health Care, Nutraceuticals, Cosmetics and Personal Care, Other Applications The global amino acid market size grew from $24.57 billion in 2022 to $27.07 billion in 2023 at a compound annual growth rate (CAGR) of 10.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The amino acid market size is expected to grow to $37.49 billion in 2027 at a CAGR of 8.5%. Rising health consciousness among the population is expected to propel the growth of the amino acid market going forward. Health consciousness refers to the extent to which individuals tend to take action towards taking care of their health. Health-conscious people take amino acids as part of their diet to improve their immunity. For instance, according to an online survey conducted by the Times of India, an Indian-based daily newspaper, in 2021, 70% of the participants stated that they have prioritized dietary lifestyle changes such as eating healthy nutrient-rich food, and 65% of respondents also indicated their increased reliance on nutritional experts to help achieve their goals. Therefore, the rising health consciousness is driving the growth of the amino acid market. Major players in the amino acid market are Evonik Industries AG, Daesang Corporation, Sunitomo Chemical Co. Ltd., The Archer-Daniels-Midland Company, Amino GmbH, Cargill Inc., Fufeng Group Company Limited, Ajinomoto Co. Inc., Kyowa Hakko Bio Co. Ltd., Novus International Inc., Iris Biotech GmbH, Taiwan Amino Acids Co. Ltd., Sekisui Medical Co. Ltd., Koninklijke DSM N.V, and Kemin Industries. Product innovation is a key trend gaining popularity in the amino acid market. Major companies operating in the amino acids sector are focused on product innovations to meet plant-based and natural flavoring ingredient demand. For instance, in April 2021, CJ BIO, a South Korea-based food company, launched FlavorNrich Master C, the world’s first natural cysteine. It is produced by microbial fermentation and is the only natural amino acid qualified as natural flavor by the USDA Organic Program as well as the United States Department of Agriculture (USDA), the United States Food and Drug Administration (FDA), the Flavor and Extract Manufacturers Association Generally Recognized As Safe (FEMA GRAS), and European Union (EU) regulations. In March 2022, Aceto Corporation, a US-based pharmaceutical company, acquired Biotron Laboratories and Talus Mineral Company for an undisclosed amount. Through this acquisition, Aceto Corporation will expand its nutraceuticals and life science businesses and will be able to better serve its customers' needs. Biotron Laboratories is a US-based company that specializes in manufacturing mineral amino acid chelates and complexes. Talus Mineral Company is a US-based company that manufactures mineral ingredients for supplement use. Asia-Pacific was the largest region in the amino acid market in 2022. Europe was the second largest region in the amino acid market. The regions covered in the amino acid market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the amino acid market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The amino acid market consists of sales of beef, poultry, fish, eggs, dairy, soy, quinoa and buckwheat. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The amino acid market research report is one of a series of new reports from The Business Research Company that provides amino acid market statistics, including amino acid industry global market size, regional shares, competitors with an amino acid market share, detailed amino acid market segments, market trends and opportunities, and any further data you may need to thrive in the amino acid industry. This amino acid market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The citric acid refer to the weak organic acid that occurs in natural products such as citrus fruits limes, oranges, and lemons. It is produced commercially by the fermentation procedure and it seems white, odorless, and crystalline powder at room temperature. Citric acid, due to its sour tasting and acidic nature, is commonly used as a preservative and flavoring agent. It also has various benefits to even skin tone and kills bacteria and viruses. The main types of citric acid are liquid and anhydrous. Liquid Citric Acid is a food-grade, weak organic acid that has a wide range of applications in the food business. The key functions are acidulant, preservative, antioxidant, and sequestrant having applications in various industries such as food and beverage, bakery, confectionery, dairy, pharmaceutical, personal care, and other applications. The global citric acid market is segmented - 1) By Form: Liquid, Anhydrous 2) By Key Function: Acidulant, Preservative, Antioxidant, Sequestrant 3) By Application: Food And Beverage, Bakery, Confectionery, Dairy, Pharmaceutical, Personal Care, Other Applications The global citric acid market size grew from $3.87 billion in 2022 to $4.2 billion in 2023 at a compound annual growth rate (CAGR) of 8.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the global citric acid is expected to grow to $5.52 billion in 2027 at a CAGR of 7.1%. The increasing need for food safety is expected to drive the growth of the citric acid market. Fruits and vegetables are the main sources of nutrients like vitamin C, thiamine, niacin, pyridoxine, folic acid, minerals, and dietary fiber. Citric Acid is recognized as safe for foods and these fruits and vegetables are contaminated with harmful substances pre-harvest and post-harvest. Growing awareness about the food and safety among the people for healthy leaving. For instance, in May 2022, according to an article published by World Health Organization, a Switzerland-based international organization for public health, every year, an estimated 600 million people – nearly one in every ten people in the world – become ill after eating contaminated food, and 420 000 die, resulting in the loss of 33 million healthy life years. Each year, low- and middle-income countries lose USD 110 billion in productivity and medical costs as a result of unsafe food. Children under the age of five account for 40% of the foodborne disease burden, with 125 000 deaths each year. Therefore, there is a need for food safety that is driving the citric acid market growth. Major players in the citric acid market are Jungbunzlauer Suisse AG, Cofco Biochemical, Archer Daniels Midland Company, Cargill Incorporated, Gadot Biochemical Industries Ltd., Tate And Lyle PLC, RZBC Group Co. Ltd., Weifang Ensign Industry Co. Ltd., Yixing Biochemical Co. Ltd., Weifang Ensign Industry Co. Ltd., Shandong Juxian Hongde Citric Acid Company Ltd and Huangshi Xinghua Biochemical Co.Ltd. The increasing demand for low-calorie RTD beverages is shaping the citric acid market. RTD beverages have a low-calorie count that provides improves heart health, better immunity, and boosts energy. For example, in July 2021, Molson Coors’, a US-based beverage company, launched Vizzy, a new watermelon hard seltzer drink. This drink is filled with antioxidant vitamin C that is made of watermelon juice and acerola super fruit that comes in four flavors blueberry kiwi, passionfruit, and mango mixed with watermelon. Each of the drink contains 100 calories and 1 g of sugar. In March 2022, Frutura, a US-based sales and marketing company for providing customers with premium fruit, has signed an agreement to acquire Citricola Saltena S.A. for an undisclosed amount. With the acquisition, the company would be renamed to Frutura Uruguay and the company intends to examine current varietal offerings, carefully infuse capital, and improve process effectiveness. Citricola Saltena S.A. is an Uruguay-based marketer and distributor of juice and citrus. Europe and North America was the largest region in the citric acid market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in citric acid market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the citric acid market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The citric acid market consists of sales of citric acid powder and citric acid crystals. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The citric acid market research report is one of a series of new reports from The Business Research Company that provides citric acid market statistics, including citric acid industry global market size, regional shares, competitors with a citric acid market share, detailed citric acid market segments, market trends and opportunities, and any further data you may need to thrive in the citric acid industry. This citric acid market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The glutamic acid is used to build proteins to improve memory and focus, boost the immune system, support prostate health, detox the body, improve athletic performance, and also aid digestion. Glutamic acid refers to a form of amino acid that is converted to glutamate. This is a chemical that enables brain nerve cells to communicate with one another and send and receive information. It is necessary for the body's protein synthesis and plays an important function in the central nervous system. The amino acid is involved in so many processes in the body that it can prove to be beneficial in a variety of ways. The main types of glutamic acid are biosynthesis and industrial synthesis. Industrial organic synthesis products are employed as intermediates in a variety of chemical processes. The different sources include plant-based, and animal-based and are used in pharmaceuticals, food additives, animal and pet food, and other applications. The global glutamic acid market is segmented - 1) By Product: Biosynthesis, Industrial Synthesis 2) By Source: Plant-Based, Animal Based 3) By Application: Pharmaceutical, Food Additives, Animal and Pet Food, Other Applications The global glutamic acid market size grew from $10.33 billion in 2022 to $11.37 billion in 2023 at a compound annual growth rate (CAGR) of 10.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the glutamic acid market is expected to grow to $15.51 billion in 2027 at a CAGR of 8.1%. Consumer awareness toward healthy and nutritious foods is expected to propel the growth of the glutamic acid market going forward. Rising awareness about health issues helps prevent people from developing certain health issues. Food containing glutamic acid is beneficial to memory as well as body wellness due to its properties. As a result, increasing awareness related to health concerns and consumer attractiveness toward healthy and nutritious food increases the demand for the glutamic acid market. For instance, in 2020, according to the Global Wellness Institute, a US-based non-profit organization, the healthy eating, nutrition, and weight loss sector rose from $912 billion in 2019 to $946 billion in 2020. In addition, healthy-labeled foods and drinks had the largest sub-sector in 2020 ($680 billion), followed by vitamins & supplements ($137 billion) and weight loss products & services ($128 billion). Therefore, increasing consumer awareness towards healthy and nutritious food is driving the growth of the glutamic acid market. Major players in the glutamic acid market are AMINO GmbH, Evonik Industries AG, Fufeng Group, Hefei TNJ Chemical Industry Co.Ltd., Kyowa Hakko Bio Co. Ltd., Medinex Laboratories Pvt. Ltd., Sichuan Tongsheng Amino acid Co. Ltd., Wuhan Amino Acid Bio-Chemical Co. Ltd., Global Bio-chem Technology Group Company Limited, Ningxia Yipin Biological Technology Co. Ltd., Akzo Nobel N.V., Iris Biotech GmbH, Ottokemi, and Luojiang Chenming Biological Products Co. Ltd. Strategic collaborations and partnerships have emerged as a key trend gaining popularity in the glutamic acid market. Major companies operating in the glutamic acid market are entering into partnerships and collaborations to sustain their business in the market. For instance, in March 2021, Evonik, a German-based company operating in glutamic acid, entered into a supply agreement with Cassava Sciences, a US-based biotechnology company. Through this agreement, Evonik would supply clinical-grade quantities similar to Cassava Sciences, which is a drug candidate for the treatment of Alzheimer's disease. Further, in September 2020, Evonik, a German-based company operating in glutamic acid, entered into a strategic partnership with Unilever, a UK-based producer of consumer goods. Through this collaboration, Evonik’s biotech expertise would act as a central pillar for Unilever’s Clean Future initiative. In October 2020, American Vanguard Corporation (AVC), a US-based agrochemical company, acquired the Agrinos Group of companies for an undisclosed amount. Through this acquisition, Agrinos's portfolio is expected to complement AVC's Green Plant liquid nutrition products, which have enjoyed successful growth in the Central American market. Agrinos is a US-based full-service biological input provider that manufactures glutamic acids. North America was the largest region in the glutamic acid market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the glutamic acid market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the glutamic acid market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The glutamic acid market consists of sales of glutamic acid that is used in the body to build proteins. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The glutamic acid market research report is one of a series of new reports from The Business Research Company that provides glutamic acid market statistics, including global market size, regional shares, competitors with a glutamic acid market share, detailed glutamic acid market segments, market trends and opportunities, and any further data you may need to thrive in the glutamic acid industry. This glutamic acid market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The ursolic acid market consists of sales of ursolic acid and related-products by entities (organizations, sole traders, and partnerships) that manufacture ursolic acid that belongs to a member of the triterpene family of chemicals, which are found in both plants and mammals. Ursolic acid is a naturally occurring chemical molecule found in a wide range of plants, including rosemary and apples. It's presumed to contain anti-oxidant, anti-inflammatory, and cancer-fighting properties. The main types of ursolic acid include 25% ursolic acid, 50% ursolic acid, 90% ursolic acid, 98% ursolic acid and others. The 25% ursolic acid is extracted from different sources and standardized to 25% for a more reliable formulation and consistency. The various forms of ursolic acids are powdered form, capsules, liquid form and is used in pharmaceutical, food and beverages, cosmetics, nutraceuticals, and other industries. The global ursolic acid market is segmented - 1) By Type: 25% Ursolic Acid, 50% Ursolic Acid, 90% Ursolic Acid, 98% Ursolic Acid, Other Types 2) By Form: Powdered Form, Capsules, Liquid Form 3) By End-Use: Pharmaceuticals, Food and Beverage, Cosmetics, Nutraceuticals, Other End-Uses The global ursolic acid market size grew from $0.01 billion in 2022 to $0.01 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of ursolic acid market is expected to grow to $0.01 billion in 2027 at a CAGR of 7.1%. The increasing prevalence of cardiovascular diseases is expected to drive the growth of the ursolic acid market in the coming years. Ursolic acid has the potential to lower the heart rate, inhibit reproducing cell nuclear antigen expression in injured artery cells, and reduces lipid peroxide levels by scavenging free radicals. For instance, in October 2022, according to an article published by Centers for Disease Control and Prevention, a US-based public health agency, heart disease is the leading cause of death in the United States for men, women, and people of most racial and ethnic groups. In the United States, one person dies from cardiovascular disease every 34 seconds. In 2020, approximately 697,000 people in the United States died from heart disease, accounting for one out of every five deaths. Therefore, the increasing prevalence of cardiovascular diseases propels the growth of the ursolic acid market. Major players in the ursolic acid market are Sabinsa, Sami Labs, Changsha Staherb Natural Ingredients, Shaanxi Jintai Biological Engineering, Hunan NutraMax, Changsha E.K HERB, Xi an TonKing, Geneham Pharmaceutical, TCI Chemicals (India) Pvt. Ltd., MP Biomedicals, and Cayman Chemical Company. Rapid growth in the utilization of ursolic acid in the manufacturing of various products in the cosmetic industry owing to spiked growth and demand for herbal products is expected to garner the growth of the market over coming years. Ursolic acid in cosmetic products is used as an anti-aging agent, anti-inflammatory, anti-wrinkle agent, and antioxidant. According to the Korea Customs Service statistics, In 2020, France ($433 million) was the largest exporter to Korea, followed by the United States ($337 million) and Japan ($161 million). The total export of K-beauty products and the balance of trade have increased by approximately 16% and 14%, respectively, over the previous year. In 2021, skincare cosmetics remained the most important import category, accounting for 34.17 percent, or $560 million, of total cosmetic imports. The next largest import categories were perfumes and scents, followed by haircare products. Thus, the increasing penetration of ursolic acid in the cosmetic industry drives the growth of the ursolic acid market. The side effects of ursolic acid are expected to hamper the growth of the ursolic acid market in the forecast period. Ursolic acid has been related to several negative effects According to research by Brain Wiz, ursolic acid may serve as an anti-fertility agent, reducing reproductive capacity in the short term. Although it has not been linked to long-term harm in the testes, animal studies indicate it may impair spermatogenesis. It may also affect sperm motility. The side effects of ursolic acid include nausea, stomach swelling, trace amounts of blood in the urine, increased sodium levels, and skin rash. Therefore, the side effects of ursolic acid hinder the growth of the ursolic acid market. North America was the largest region in the ursolic acid market share in 2022. Asia-Pacific was the second-largest market in ursolic acid market. The regions covered in the global ursolic acid market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the ursolic acid market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The ursolic acid market consists of sales of ursolic acid from various sources such as oreganp and holy basil. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The ursolic acid market research report is one of a series of new reports from The Business Research Company that provides ursolic acid market statistics, including ursolic acid industry global market size, regional shares, competitors with a ursolic acid market share, detailed ursolic acid market segments, market trends and opportunities, and any further data you may need to thrive in the ursolic acid industry. This ursolic acid market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Fatty acids are carboxylic acids that act as energy for muscles, the heart, and other organs as building blocks for fats in the human body and also as an agent that manages inflammation in the body. Fatty acids comprise a straight chain of an even number of carbon atoms with hydrogen atoms along the length of the chain and at one end of the chain and a carboxyl group (COOH) at the other end. The main product types of fatty acids are unsaturated fatty acids and saturated fatty acids. Saturated fatty acids (SFA) are fatty acids that contain no double bonds and have the formula R-COOH. The R-group is a straight-chain hydrocarbon of the form CH3(CH2)n with varying lengths, ranging from short-chain lengths (volatile liquids) to chain lengths of 30 or more carbon atoms (waxy solids). The forms are oil, capsule, syrup, powder. The sources are vegetable oils, marine oils, nuts and seeds, soy and soy products. End-user industries include household, cosmetics and personal care, soap and detergent, oilfield, rubber and plastic, lubricants, and others. The global fatty acids market is segmented - 1) By Product Type: Unsaturated Fatty Acids, Saturated Fatty Acids 2) By Form: Oil, Capsule, Syrup, Powder 3) By Source: Vegetable Oils, Marine, Nuts and Seeds, Soy and Soy Products 4) By End User Industry: Household, Cosmetics, and Personal Care, Soap and Detergent, Oilfield, Rubber and Plastic, Lubricants, Other End-user Industries The global fatty acids market size will grow from $82.09 billion in 2022 to $89.7 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global fatty acids is expected to grow from $123.61 billion in 2027 at a CAGR of 8.3%. The fatty acids market is being driven by the rising demand for cosmetics and personal care products. Fatty acids are the emollients and emulsifiers in the cosmetics industry, used to replenish and soothe the skin. It is used as an ingredient in a variety of skincare products such as creams, lotions, shampoos, and lipsticks. Esters of fatty acids such as triglycerides, phospholipids, and cholesterol esters are commonly used in cosmetics as skin hydrants and thickeners. According to Coty, a French beauty company, the beauty market has been constantly growing at 3% to 5% every year. Coty also forecasts that its net revenue will grow by 6% to 8% each year through 2025. The rising demand for cosmetics and personal care products increased the demand for fatty acids, thus driving the fatty acids market during the period. Major players in the fatty acids market are BASF SE, FMC Corporation, The Dow Chemical Company, Koninklijke Dsm Nv, Enzymotec Ltd., Croda International PLC., Omega Protein Corporation, Aker Biomarine As, Polaris Nutritional Lipids, and Cargill, Incorporated. Biological effects due to fatty acid deficiency are a major restraint in the fatty acid market. Biological effects such as blood pressure, stroke, coronary artery disease, inflammation, and various other diseases may occur due to insufficient intake of fatty acids such as alpha-linolenic acid (ALA) and gamma-linolenic acid (GLA). These two fatty acids are necessary and must be included in the diet. Fatty acid deficiency is most commonly observed in infants. The deficiency results in scaly dermatitis, alopecia, thrombocytopenia, and intellectual disability in children. In the US, according to the National Institutes of Health, deficiency of essential fatty acids such as omega-3s and omega-6s can lead to rough, scaly skin and dermatitis. Due to rising awareness regarding health, omega fatty acid supplements are increasingly being used. Omega fatty acids are present extensively in fish oils and are vital ingredients for the human body. Omega-3 supplements can help relieve rheumatoid arthritis symptoms and can also be used as dietary supplements or medicinal supplements. The use of Omega-3 fatty acids and Omega-6 fatty acids helps to combat diseases and improve cardiovascular health, promote healthy metabolism, reduce pain and inflammation in joints, increase optimal brain function, etc. According to the World Health Organization (WHO), 17.9 million people in the world die every year due to cardiovascular diseases. Therefore, rising awareness regarding health issues, especially for heart diseases, is expected to drive the fatty acids market. In July 2020, Croda, a UK-based specialty chemicals company, acquired Avanti Polar Lipids for an undisclosed amount. This acquisition of Avanti combines with Croda to expand life sciences products, pharmaceutical services, and cGMP production capabilities for biotechnology, pharmaceutical, and life science research customers globally. Avanti Polar Lipids is a US-based biotechnology company. Asia-Pacific was the largest region in the fatty acids market in 2022. North America was the second-largest region in the fatty acids market report. The regions covered in the fatty acids analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the fatty acids market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia. The fatty acids market consists of the sales of monounsaturated, polyunsaturated, and trans fats. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The fatty acids market research report is one of a series of new reports from The Business Research Company that provides fatty acids market statistics, including fatty acids industry global market size, regional shares, competitors with a fatty acids market share, detailed fatty acids market segments, market trends and opportunities, and any further data you may need to thrive in the fatty acids industry. The fatty acids market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Lead-acid batteries are bigger and store a high amount of energy. These batteries are generally used in automobiles, uninterruptible power supply (UPS), telecommunications, and inverters attributed to their requirement for a high-power supply. The main types of lead-acid batteries are stationary and motive. Stationary lead-acid batteries are utilized in conjunction with a backup power device such as an inverter or a UPS to provide the necessary backup to the equipment being powered. SLA batteries with lower capacities are utilized in devices such as emergency lighting and security equipment. The various technologies used are Basic Lead Acid Battery, Advanced Lead Acid Battery is constructed through the Flooded and Valve Regulated Lead Acid (VRLA) method. The various end-users include transportation, industrial, residential and commercial end-users. The global lead acid batteries market is segmented – 1) By Type: Stationary, Motive 2) By Technology: Basic Lead Acid Battery, Advanced Lead Acid Battery 3) By Construction Method: Flooded, Valve Regulated Lead Acid (VRLA) 4) By End User: Transportation, Industrial, Residential, Commercial The global lead acid batteries market size grew from $25.65 billion in 2022 to $28.86 billion in 2023 at a compound annual growth rate (CAGR) of 12.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of lead acid batteries market is expected to grow from $44.89 billion in 2027 at a CAGR of 11.7%. Growing demand in the automobile industry contributed to the growth of the lead-acid batteries market. Rising research and development activities in the automotive lead-acid battery industry, coupled with government initiatives for electric vehicles are propelling the growth of the global automotive market, thereby increasing the demand for lead-acid batteries. For instance, in October 2022, according to the Indian Brand Equity Foundation (IBEF), India-based, an India-based government agency for providing economic information, incentives of US$ 3.5 billion are proposed by the Indian government as part of a revised program to promote the production and export of clean technology vehicles over five years until 2026. Additionally, as of June 2021, 87,659 electric vehicles had received incentive support, 6,265 electric buses had been approved for usage by various state/city transportation undertakings, and Rs. 871 crores (US$ 117 million) had been spent under the FAME-II plan. The increasing adoption of lead-acid batteries in electric vehicles along with growing government initiatives to promote electric vehicles is anticipated to drive the demand for the lead-acid battery market in the forecast period. Major players in the lead-acid batteries market are EnerSys, Exide Industries, GS Yuasa, Clarios, Panasonic, Chaowei Power, Narada Power, HBL Power Systems, Crown Battery, and NorthStar. The declining price of lithium-ion batteries strongly challenges the lead-acid batteries market and restrains the market. Lithium-Ion batteries are cost-effective with offered characteristics such as high energy storage, depth of discharge, increased life span, and better performance and are popularly used in electric vehicles, and military and aerospace applications. According to the Our World in Data article published in June 2021, a UK –based non-profit organization for research and data, in the past three decades, the cost of lithium-ion battery cells has decreased by 97%. Therefore, the decrease in prices of lithium-ion batteries is challenging the demand for the lead-acid market. The introduction of an absorbent glass mat (AGM), a lead-acid battery with a lower weight, better electrical reliability, and higher performance is contributing to higher demand for lead-acid batteries. According to Battery University, AGM is a preferred battery for upscale motorbikes, owing to features such as reduced weight, lesser acid spilling, and good performance at cold temperatures. These batteries are also gaining traction in motor home, marine, and robotic applications. Therefore, advancements in lead-acid batteries will generate higher demand for the lead-acid batteries market in the forecast period. In January 2021, Batek Makina Ltd., a Turkey-based battery equipment manufacturer acquired Bertola Snc for an undisclosed amount. Through this acquisition, Batek Makina Ltd aims to expand its offering into the battery charging equipment industry and to bring diversification in business. Bertola Snc is an Italy-based company operating in battery charging equipment. Asia-Pacific was the largest region in the global lead-acid batteries market in 2022. The regions covered in the global lead-acid batteries market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the aircraft cables market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The lead-acid batteries market consists of sales of sealed and flooded batteries. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The lead-acid batteries market research report is one of a series of new reports from The Business Research Company that provides lead-acid batteries market statistics, including lead-acid batteries industry global market size, regional shares, competitors with a lead-acid batteries market share, detailed lead-acid batteries market segments, market trends and opportunities, and any further data you may need to thrive in the lead-acid batteries industry. This lead-acid batteries market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.