Global Barbituric Acid Market forecast to 2024 examined in new market research report

Barbituric acid or malonylurea or 6-hydroxyuracil is an organic compound based on a pyrimidine heterocyclic skeleton. It is an odorless powder soluble in water. Barbituric acid is the parent compound of barbiturate drugs, although barbituric acid itself is not pharmacologically active.
China is the world s largest exporting country. Netherlands, Germany, India, USA and Japan need to import from China to meet the needs of the downstream vitamin or pharmaceutical industry. BASF and DSM are the world s largest consumers of barbituric acid due to their vitamin synthesis business.
Today’s industrial marketplace is increasingly competitive and requires the ability to reduce costs, raise production and increase accuracy for any business that is going to survive. For businesses that will truly thrive, the ability to lead development and get products to market faster is also critical.
According to this study, over the next five years the Barbituric Acid market will register a 5.3% CAGR in terms of revenue, the global market size will reach US$ 21 million by 2024, from US$ 16 million in 2019. In particular, this report presents the global market share sales and revenue of key companies in Barbituric Acid business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Barbituric Acid market by product type, application, key manufacturers and key regions and countries.
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This study considers the Barbituric Acid value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Pharmaceutical Grade
Industrial Grade

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
VB2
Barbiturate
Dye Intermediates
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.

The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Zhengzhou Lifeng Chemical
Hebei Chengxin

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

To study and analyze the global Barbituric Acid consumption value & volume by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Barbituric Acid market by identifying its various subsegments.
Focuses on the key global Barbituric Acid manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Barbituric Acid with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks .
To project the consumption of Barbituric Acid submarkets, with respect to key regions along with their respective key countries .
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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