Market Research Report Store offers a latest published report on Pyruvic Acid Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 91 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.
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Pyruvic acid is a alpha-keto acid with a carboxylic acid and a ketone functional group. It is a colorless liquid that is represented chemically as C3H4O3, while pyruvate (the conjugate base, CH3COCOO−) is a key intermediate in several metabolic pathways.
Currently, Musashino, Toray, Minakem, Tianjin Shengdao Technology and Shanghai Jinli Bio-tech are the leaders of pyruvic acid industry. Musashino is a global leader. In 2017, the production of Musashino was 602 ton, and the company held a production share of 24.3%. In Europe and the United States, Musashino and Minakem are the market leader.
Pyruvic acid or pyruvate is a key intermediate in the glycolytic and pyruvate dehydrogenase pathways, which are involved in biological energy production. Pyruvic acid is mainly used for pharmaceuticals, daily chemicals and food additives. In 2017, pharmaceuticals application held 60.6% of the consumption market share. In fact, the trade flow of pyruvic acid is less. The trade flow of pyruvic acid mainly comes from pyruvic acid derivatives.
According to this study, over the next five years the Pyruvic Acid market will register a 2.2% CAGR in terms of revenue, the global market size will reach US$ 46 million by 2024, from US$ 42 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Pyruvic Acid business, shared in Chapter 3.
Market Segment by Manufacturers, this report covers
Tianjin Shengdao Technology
Shanghai Jinli Bio-tech
Zhoucun Dongfang Chemical
Market Segment by Type, covers
Market Segment by Applications, can be divided into
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North America Pyruvic Acid Market Growth 2019-2024
United States Pyruvic Acid Market Growth 2019-2024
Asia-Pacific Pyruvic Acid Market Growth 2019-2024
Europe Pyruvic Acid Market Growth 2019-2024
EMEA Pyruvic Acid Market Growth 2019-2024
Global Pyruvic Acid Market Growth 2019-2024
China Pyruvic Acid Market Growth 2019-2024
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