Global Aminobenzoic Acid Market Size to Exceed USD 151.10 Million by 2035 | CAGR of 4.80%
Category: HealthcareGlobal Aminobenzoic Acid Market Size to Exceed USD 151.10 Million by 2035
According to a research report published by Spherical Insights & Consulting, The Global Aminobenzoic Acid Market Size is expected to Grow from USD 90.2 Million in 2024 to USD 151.10 Million by 2035, at a CAGR of 4.80% during the forecast period 2025-2035.
Get more details on this report -
Browse key industry insights spread across 200 pages with 100 Market data tables and figures & charts from the report on the “Global Aminobenzoic Acid Market Size, Share, and COVID-19 Impact Analysis, Product Type (Para-Aminobenzoic Acid, Meta-Aminobenzoic Acid, and Ortho-Aminobenzoic Acid), By Application (Pharmaceuticals, UV Filters & Sunscreens, Food Additives, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035.” Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/aminobenzoic-acid-market
The aminobenzoic acid market includes the production, distribution, and usage of aminobenzoic acid compounds worldwide, which are mostly used in industrial chemicals, food preservation, cosmetics, and pharmaceuticals. This market offers a variety of isomers, each with a distinct functional purpose, such as para-, ortho, and meta-aminobenzoic acid. Manufacturers, suppliers, and end users are the main participants in the food, personal care, and healthcare industries; growth strategies and competitive positioning are influenced by regional considerations. The cosmetics sector benefits from its use as a UV filter in sunscreens due to rising consumer awareness of skin health. Rising personal care consumption, growing healthcare spending, and advancements in chemical synthesis are further factors driving aminobenzoic acid market growth. The primary factors driving the industry are the expanding applications of aminobenzoic acid in the food, medicine, and agriculture sectors. Aminobenzoic acid's numerous applications in the food, cosmetics, and pharmaceutical sectors are the main factors driving the market. However, the market expansion of aminobenzoic acid is restricted by high manufacturing costs, regulatory restrictions, environmental concerns, and a lack of awareness.
The para-aminobenzoic acid segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the product type, the aminobenzoic acid market is divided into para-aminobenzoic acid, meta-aminobenzoic acid, and ortho-aminobenzoic acid. Among these, the para-aminobenzoic acid segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. Since PABA and its derivatives have a long history of safe use and regulatory approval in cosmetic applications, the Environmental Protection Agency has backed this.
The pharmaceuticals segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the application, the aminobenzoic acid market is divided into pharmaceuticals, UV filters & sunscreens, food additives, and others. Among these, the pharmaceuticals segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. The growing usage of derivatives of aminobenzoic acid in the manufacture and formulation of medications is the reason for the pharmaceutical segment.
North America is expected to hold the majority share of the global aminobenzoic acid market during the forecast period.
Get more details on this report -
North America is expected to hold the majority share of the global aminobenzoic acid market during the forecast period. The market for aminobenzoic acid in the United States is expanding gradually due to its many profitable applications, such as in specialty chemicals, dyes, and pharmaceuticals. Sunscreens containing aminobenzoic acid are offered under a number of brand names in nations including the US and Canada.
Asia Pacific anticipated to grow at the fastest pace in the global aminobenzoic acid market during the forecast period. The government's green chemistry programs, which encourage the commercial development of green chemistry products, and the region's emphasis on sustainable chemical processes are also contributing to the growth of the aminobenzoic acid market.
Major vendors in the global aminobenzoic acid market are NISSO FINE Co. Ltd., DowDuPont, FUTOH CHEMICALS Co. Ltd., Anhui Jin'ao Chemical Co. Ltd., Mitsuboshi Chemical Co. Ltd., Anyang Huaying Fine Chemical Industry Co. Ltd., Hubei Deli New Material Co. Ltd., Changzhou Sunlight Pharmaceutical Co. Ltd., and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the aminobenzoic acid market based on the below-mentioned segments:
Global Aminobenzoic Acid Market, By Product Type
- Para-Aminobenzoic Acid
- Meta-Aminobenzoic Acid
- Ortho-Aminobenzoic Acid
Global Aminobenzoic Acid Market, By Application
- Pharmaceuticals
- UV Filters & Sunscreens
- Food Additives
- Others
Global Aminobenzoic Acid Market, By Regional Analysis
- 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
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
CONTACT US:
For More Information on Your Target Market, Please Contact Us Below:
Phone: +1 303 800 4326 (the U.S.)
Phone: +91 90289 24100 (APAC)
Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com
Contact Us: https://www.sphericalinsights.com/contact-us
Need help to buy this report?