Mercaptopropionic Acid Market 2022 by Global Key Players, Types, Applications, Countries, Industry Size and Forecast to 2029

Mercaptopropionic acid, CAS No. 107-96-0, a colorless organic compound that has high solubility in an organic solvent. In the past, Mercaptopropionic acid was used as an intermediate compound in the production of pharmaceutical fennel. With the advancement in the Chemical Industry, mercaptopropionic acid has been used in several industrial application such as in cement admixture, polycarboxylate, and polyvinyl chloride, among other applications. In Industry, mercaptopropionic acid is used as a reducing agent in the production of polycarboxylate for controlling its molecular weight, which in turn lead to enhance the water reduction rate and moisture retention performance of the polycarboxylate. Mercaptopropionic acid is thermally stable compound and can be used as reducing agents, antioxidant, catalyst and biochemical agents, among others. Mercaptopropionic acid is also an intermediate for pharmaceutical fennel and is also used as a stabilizer for polyvinyl chloride.

Generally, Mercaptopropionic acid is made from acrylonitrile and thiourea. The thiourea is reacted with hydrochloric acid, acrylonitrile, and sodium hydroxide solution for dehydrogenation. After that, the solution is neutralized with hydrochloric acid. Then, benzene is extracted, recovered and distilled out to from the finished products. Further, mercaptopropionic acid can also be obtained by reacting hydrogen sulfide with pyruvic acid or with β-propiolactone

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Mercaptopropionic acid Market: Dynamics

The global Mercaptopropionic Acid market is found to be mainly driven by the significant growth of pharmaceuticals and chemical industry growth across the globe. Moreover, rising demand for Mercaptopropionic Acid in the production of polycarboxylate and polyvinyl chloride, among other products will lead to driving the market over the forecast period. Along with this, the rising investment in the biochemical research and growing commercialization of their products in developed countries provide the impetus for the growth of Mercaptopropionic Acid market. Also, increasing demand for electro-chemicals across the globe will lead to driving the market over the forecast period. However, the uncertainty of China specialty chemicals market will hamper the growth of the market. Along with this, the

Mercaptopropionic acid Market: Key Players

The key players involved in the Global Mercaptopropionic Acid market are listed below;

  • BOCSCI Inc.
  • BRUNO BOCK Chemische Fabrik GmbH & Co. KG
  • Hubei Dechao Chemical Co., Ltd.
  • Merck KGaA
  • Penta Manufacturer Company
  • Santa Cruz Biotechnology, Inc.
  • Shandong Xinchang Chemical Technology Co., Ltd.
  • Shanghai Xinyu Biotechnology Co., Ltd.
  • Sisco Research Laboratories
  • Tokyo Chemical Industry Co., Ltd.

The Mercaptopropionic acid market research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. The Mercaptopropionic acid market report also contains projections using a suitable set of assumptions and methodologies. The Mercaptopropionic acid research report provides analysis and information according to market segments such as geographies, application, and industry.

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The Mercaptopropionic acid report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The Mercaptopropionic acid market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The Mercaptopropionic acid report also maps the qualitative impact of various market factors on market segments and geographies.

Mercaptopropionic acid Market: Segmentation

On the basis of Purity Type, the global Mercaptopropionic Acid market is bifurcated into;

  • Above 99%
  • Below or equal to 99%

On the Basis of Function, the global Mercaptopropionic Acid market is bifurcated into;

  • Chemical Intermediates
  • Reducing Agent
  • Catalyst
  • Anti-oxidant
  • Others

On the basis of Application, the global Mercaptopropionic Acid market is bifurcated into;

  • Pharmaceuticals
  • Chemicals
  • Polymer & Plastics
  • Electro-chemicals
  • Others

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Mercaptopropionic acid Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the Mercaptopropionic acid market
  • In-depth Mercaptopropionic acid market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape of Mercaptopropionic acid market
  • Strategies of key players and products offered
  • Market potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on Mercaptopropionic acid market performance
  • Must-have information for market players to sustain and enhance their market footprint

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