Global Pyruvic Acid Market Expected to Witness a Sustainable Growth over 2024– Top Key players like– Top Key players like Musashino,Toray,Minakem,Inc.

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

Musashino

Toray

Minakem

Tianjin Shengdao Technology

Shanghai Jinli Bio-tech

Zhoucun Dongfang Chemical

Fleurchem

Market Segment by Type, covers

Chemical Synthesis

Bio Synthesis

Market Segment by Applications, can be divided into

Pharmaceuticals

Daily Chemicals

Food Additives

Others

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Related Information:

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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