Global Pelargonic Acid Market Size to Exceed USD 367.4 Million by 2033: Industry Report

Global Pelargonic Acid Market Size to Exceed USD 367.4 Million by 2033            

According to a research report published by Spherical Insights & Consulting, The Global Pelargonic Acid Market is Expected to Grow from USD 188.5 Million in 2023 to USD 367.4 Million by 2033, at a CAGR of 6.90% during the forecast period 2023-2033.

Browse 210 Market Data Tables and 45 Figures Spread Through 190 Pages and In-Depth TOC On the Global Pelargonic Acid Market Size, Share, and COVID-19 Impact Analysis, By Type (PA 90 Content, PA 95 Content, and PA Blends), By Grade (Natural, Synthetic), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.

The global demand and supply dynamics for pelargonic acid, also called nonanoic acid, a saturated, nine-carbon fatty acid utilized in food additives, herbicides, and other applications, are referred to as the pelargonic acid market. It is a liquid with a characteristic, unpleasant smell and is water- and most organic solvent-soluble. It is obtained mostly from natural materials including coconut oil, palm oil, and animal fats. The main driver of this market growth is its expanding application in herbicides, especially in organic farming and the food and beverage industry. Furthermore, this is propelled by its use in various industries like chemicals, pharmaceuticals, and agriculture. Its increasing popularity is a result of its use as a pharmaceutical intermediate and non-selective herbicide. Moreover, as environmental awareness increases, there is an increased need for environmentally friendly alternatives in industries. Pelargonic acid fits into this trend, fueling market growth and emerging as a green solution owing to its known biodegradability and low environmental footprint relative to traditional chemicals. However, the market faces two main challenges competition from other herbicides and regulatory restrictions. Regulatory bodies enforce strict regulations on the use of pesticides, which require lengthy and costly testing and approval processes for producers.

The PA 90 content segment held the highest share in 2023 and is estimated to grow at a significant CAGR during the projected period.

Based on the type, the global pelargonic acid market is divided into PA 90 content, PA 95 content, and PA blends. Among these, the PA 90 content segment held the highest share in 2023 and is estimated to grow at a significant CAGR during the projected period. Pelargonic acid, or PA 90, is widely used, especially in gardening and agriculture as a herbicide. Its selective toxicity to broadleaf weeds but not to grasses has made it a favorite among farmers and gardeners for weed control in fields and lawns.

The natural segment held the largest share in 2023 and is estimated to grow at a significant CAGR during the forecast period.

Based on the grade, the global pelargonic acid market is divided into natural and synthetic. Among these, the natural segment held the largest share in 2023 and is estimated to grow at a significant CAGR during the forecast period. The natural category in the pelargonic acid market includes formulations derived from natural sources, including plant oils. These are increasingly popular as consumers are becoming increasingly interested in environmentally friendly and sustainable products. Echoing the greater emphasis on environmentally friendly practices, the natural category offers biodegradable, safe, and eco-friendly weed control solutions.

Asia Pacific is anticipated to hold the highest share of the global pelargonic acid market over the projected period.

Asia Pacific is anticipated to hold the highest share of the global pelargonic acid market over the projected period. The Asia Pacific region is expected to see strong growth in this market because of the growing demand for bio-based products and sustainable chemical solutions. China, India, and Japan are the largest consumers of these agrochemicals in the region. 

Europe is estimated to grow at the fastest CAGR of the global pelargonic acid market during the forecast period. This is fuelled by the increase in green herbicides and pesticide adoption. Pelargonic acid, with its environmentally friendly attributes of low toxicity and biodegradability, is increasingly becoming popular as the first choice.

Company Profiling

Major vendors in the global pelargonic acid market are Zhengzhou Yibang Industry & Commerce Co., Ltd, Emery Oleochemical, Glentham Life Sciences Limited, Central Drug House, Haihang Industry, Kunshan Odowell Co., Ltd, Croda International Plc, Matrica S.p.A, OQ Chemicals GmbH, Tokyo Chemical Industry Co., Ltd., and others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs) 

Recent Development

• In May 2021, Lely North America, an agri-solutions company, unveiled a new teat spray under the name Quaress Omnia. Quaress Omnia prevents mastitis in cattle by having pelargonic acid, which is a compound proven to combat microbes and inhibit the growth of bacteria on cow udders.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global pelargonic acid market based on the below-mentioned segments: 

Global Pelargonic Acid Market, By Type

• PA 90 Content
• PA 95 Content
• PA Blends

Global Pelargonic Acid Market, By Grade

• Natural
• Synthetic

Global Pelargonic Acid Market, By Regional 

• North America 
  • US
  • Canada
  • Mexico
• Europe 
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific 
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America 
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa 
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa