The picric acid market is projected to register a CAGR of 8% during the forecast period, up from USD 34.6 Billion in 2021, to reach a valuation of USD 80.6 Billion by 2032.
The picric acid market is anticipated to show promising growth prospects during the forecast period as a result of growing competition. New competitors are offering a variety of options at reasonable pricing to fulfil the demand for picric acid, making it more accessible to customers in the global picric acid market.
Picric acid is an organic aromatic chemical that is a member of the nitro group of organic compounds. Additionally, picric acid is referred to as 2,4,6 trinitrophenol or TNP. Picric acid is a very acidic phenol. Picric acid, like other highly nitrated chemicals, is explosive in nature.
Picric acid is made by combining anhydrous phenol with fuming sulfonic acid to generate pohydoxyphenylsulfonic acid, which is subsequently nitrated with concentrated nitric acid, or by nitrating 2,4-Dinitrophenol directly with concentrated nitric acid.
Picric acid is primarily utilised in explosives and ammunition manufacture. Picric acid is used to make explosives such as explosive D, TNT, and TATB. Picric acid is used as an etchant in metallurgy science, particularly for optical metallography.
| Report Attribute | Details |
|---|---|
| Estimated Base Year Value (2021) | USD 34.6 Billion |
| Expected Market Value (2022) | USD 37.3 Billion |
| Anticipated Forecast Value (2032) | USD 80.6 Billion |
| Projected Growth Rate (2022 to 2032) | 8% CAGR |
Sales of picric acid are expected to rise significantly. In addition to this, demand for picric acid is rising on account of USD 50.8 Billion by 2026. Increasing sales of picric acid are also projected to contribute to the growth of the picric acid market share.
Demand for picric acid in the defence sector is likely to boost as being used in rocket fuel and other explosives as a booster. Sales of picric acid are also likely to increase due to its usage in medicine as an antiseptic and as a therapy for burns.
Apart from these uses, picric acid is also employed in the manufacture of dyes, photographic chemicals, and intermediates for insecticides. Demand for picric acid is impacted due to its being extremely corrosive in its natural state. Sales of picric acid have seen an impact due to an increase in the number of laws adopted in recent years as a result of its toxic and explosive nature.
Manufacturers tried to increase the sales of picric acid by getting a big platform for the products from which to serve the whole demand for picric acid. The worldwide sales of picric acid are seeing increased competition, and with growing competition, new competitors are offering a variety of options at reasonable pricing, fulfilling the demand for picric acid more accessible to customers.
BASF SE, DowDuPont Inc., Innospec, Odyssey Organics, Aadhunik Industries, Anmol Chemicals Group, Hefei TNJ Chemical Industry Co., Ltd., Spectrum Chemicals, Loba Chemie Fine Chemicals, Merck KGaA, Ricca Chemical Company, and Mubychem Group are some of the leading participants in the picric acid market.
Increased acquisition of ammunition and explosive equipment in the defence and military sectors has resulted in an increase in the sales of picric acid. Demand for explosives and munitions, which is expected to boost the demand for picric acid.
The mining sector, which uses industrial grade explosives, is also a large consumer for spiking the sales of picric acid, resulting in an increased demand for picric acid.
Additionally, the rising agrochemical sector is projected to benefit the sales of picric acid. The combination of general purpose drugs is also likely to benefit the sales of picric acid. Demand from the textile industry is also likely to drive up demand for picric acid colour formulation.
However, due to picric acid's toxicity, end users are seeking other alternatives in response to growing environmental concerns hence impacting sales of picric acid. With growing awareness of environmental pollution and safety, the number of strict environmental rules has increased. The reasons stated above may limit the growth and sales of picric acid to a certain extent.
Demand for picric acid is predicted to grow significantly in the Asia Pacific area over the long term, owing to established sectors such as textiles, pharmaceuticals, and agrochemicals.
Sales of picric acid will be high in regions such as Europe and North America, particularly in the defence and military, as well as mining industries.
The expansion of the mining, pharmaceutical, and agrochemical industries in Latin America, as well as the Middle East and Africa, would jointly create an opportunity for the picric acid market, which is presently in its infancy.
BASF SE, DowDuPont Inc., Innospec, Odyssey Organics, Aadhunik Industries, Anmol Chemicals Group, Hefei TNJ Chemical Industry Co., Ltd., Spectrum Chemicals, Loba Chemie Fine Chemicals, Merck KGaA, Ricca Chemical Company, and Mubychem Group are some of the leading participants in the picric acid market
| Report Attribute | Details |
|---|---|
| Growth rate | CAGR of 8% from 2022 to 2032 |
| Base year for estimation | 2021 |
| Historical data | 2015 to 2020 |
| Forecast period | 2022 to 2032 |
| Quantitative units | Revenue in USD million and CAGR from 2022 to 2032 |
| Report coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis, |
| Segments covered | Grade, moisture content, application, end user, region |
| Regional scope | North America; Western Europe; Eastern Europe; Middle East; Africa; ASEAN; South Asia; Rest of Asia; Australia and New Zealand |
| Country scope | USA, Canada, Mexico, Germany, UK, France, Italy, Spain, Russia, Belgium, Poland, Czech Republic, China, India, Japan, Australia, Brazil, Argentina, Colombia, Saudi Arabia, UAE, Iran, South Africa |
| Key companies profiled | BASF SE; DowDuPont Inc.; Innospec; Odyssey Organics; Aadhunik Industries; Anmol Chemicals Group; Hefei TNJ Chemical Industry Co.; Ltd.; Spectrum Chemicals; Loba Chemie Fine Chemicals; Merck KGaA; Ricca Chemical Company; and Mubychem Group |
| Customization scope | Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail of customized purchase options to meet your exact research needs. |
Table 1: Global Picric Acid Market Value (US$ Mn) Forecast by Region, 2017-2032
Table 2: Global Picric Acid Market Volume (Kilotons) Forecast by Region, 2017-2032
Table 3: Global Picric Acid Market Value (US$ Mn) Forecast by Product Type, 2017-2032
Table 4: Global Picric Acid Market Volume (Kilotons) Forecast by Product Type, 2017-2032
Table 5: Global Picric Acid Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 6: Global Picric Acid Market Volume (Kilotons) Forecast by Application, 2017-2032
Table 7: Global Picric Acid Market Value (US$ Mn) Forecast by End-Use Industry, 2017-2032
Table 8: Global Picric Acid Market Volume (Kilotons) Forecast by End-Use Industry, 2017-2032
Table 9: North America Picric Acid Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 10: North America Picric Acid Market Volume (Kilotons) Forecast by Country, 2017-2032
Table 11: North America Picric Acid Market Value (US$ Mn) Forecast by Product Type, 2017-2032
Table 12: North America Picric Acid Market Volume (Kilotons) Forecast by Product Type, 2017-2032
Table 13: North America Picric Acid Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 14: North America Picric Acid Market Volume (Kilotons) Forecast by Application, 2017-2032
Table 15: North America Picric Acid Market Value (US$ Mn) Forecast by End-Use Industry, 2017-2032
Table 16: North America Picric Acid Market Volume (Kilotons) Forecast by End-Use Industry, 2017-2032
Table 17: Latin America Picric Acid Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 18: Latin America Picric Acid Market Volume (Kilotons) Forecast by Country, 2017-2032
Table 19: Latin America Picric Acid Market Value (US$ Mn) Forecast by Product Type, 2017-2032
Table 20: Latin America Picric Acid Market Volume (Kilotons) Forecast by Product Type, 2017-2032
Table 21: Latin America Picric Acid Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 22: Latin America Picric Acid Market Volume (Kilotons) Forecast by Application, 2017-2032
Table 23: Latin America Picric Acid Market Value (US$ Mn) Forecast by End-Use Industry, 2017-2032
Table 24: Latin America Picric Acid Market Volume (Kilotons) Forecast by End-Use Industry, 2017-2032
Table 25: Europe Picric Acid Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 26: Europe Picric Acid Market Volume (Kilotons) Forecast by Country, 2017-2032
Table 27: Europe Picric Acid Market Value (US$ Mn) Forecast by Product Type, 2017-2032
Table 28: Europe Picric Acid Market Volume (Kilotons) Forecast by Product Type, 2017-2032
Table 29: Europe Picric Acid Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 30: Europe Picric Acid Market Volume (Kilotons) Forecast by Application, 2017-2032
Table 31: Europe Picric Acid Market Value (US$ Mn) Forecast by End-Use Industry, 2017-2032
Table 32: Europe Picric Acid Market Volume (Kilotons) Forecast by End-Use Industry, 2017-2032
Table 33: East Asia Picric Acid Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 34: East Asia Picric Acid Market Volume (Kilotons) Forecast by Country, 2017-2032
Table 35: East Asia Picric Acid Market Value (US$ Mn) Forecast by Product Type, 2017-2032
Table 36: East Asia Picric Acid Market Volume (Kilotons) Forecast by Product Type, 2017-2032
Table 37: East Asia Picric Acid Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 38: East Asia Picric Acid Market Volume (Kilotons) Forecast by Application, 2017-2032
Table 39: East Asia Picric Acid Market Value (US$ Mn) Forecast by End-Use Industry, 2017-2032
Table 40: East Asia Picric Acid Market Volume (Kilotons) Forecast by End-Use Industry, 2017-2032
Table 41: South Asia & Pacific Picric Acid Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 42: South Asia & Pacific Picric Acid Market Volume (Kilotons) Forecast by Country, 2017-2032
Table 43: South Asia & Pacific Picric Acid Market Value (US$ Mn) Forecast by Product Type, 2017-2032
Table 44: South Asia & Pacific Picric Acid Market Volume (Kilotons) Forecast by Product Type, 2017-2032
Table 45: South Asia & Pacific Picric Acid Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 46: South Asia & Pacific Picric Acid Market Volume (Kilotons) Forecast by Application, 2017-2032
Table 47: South Asia & Pacific Picric Acid Market Value (US$ Mn) Forecast by End-Use Industry, 2017-2032
Table 48: South Asia & Pacific Picric Acid Market Volume (Kilotons) Forecast by End-Use Industry, 2017-2032
Table 49: MEA Picric Acid Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 50: MEA Picric Acid Market Volume (Kilotons) Forecast by Country, 2017-2032
Table 51: MEA Picric Acid Market Value (US$ Mn) Forecast by Product Type, 2017-2032
Table 52: MEA Picric Acid Market Volume (Kilotons) Forecast by Product Type, 2017-2032
Table 53: MEA Picric Acid Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 54: MEA Picric Acid Market Volume (Kilotons) Forecast by Application, 2017-2032
Table 55: MEA Picric Acid Market Value (US$ Mn) Forecast by End-Use Industry, 2017-2032
Table 56: MEA Picric Acid Market Volume (Kilotons) Forecast by End-Use Industry, 2017-2032
Figure 1: Global Picric Acid Market Value (US$ Mn) by Product Type, 2022-2032
Figure 2: Global Picric Acid Market Value (US$ Mn) by Application, 2022-2032
Figure 3: Global Picric Acid Market Value (US$ Mn) by End-Use Industry, 2022-2032
Figure 4: Global Picric Acid Market Value (US$ Mn) by Region, 2022-2032
Figure 5: Global Picric Acid Market Value (US$ Mn) Analysis by Region, 2017-2032
Figure 6: Global Picric Acid Market Volume (Kilotons) Analysis by Region, 2017-2032
Figure 7: Global Picric Acid Market Value Share (%) and BPS Analysis by Region, 2022-2032
Figure 8: Global Picric Acid Market Y-o-Y Growth (%) Projections by Region, 2022-2032
Figure 9: Global Picric Acid Market Value (US$ Mn) Analysis by Product Type, 2017-2032
Figure 10: Global Picric Acid Market Volume (Kilotons) Analysis by Product Type, 2017-2032
Figure 11: Global Picric Acid Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 12: Global Picric Acid Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 13: Global Picric Acid Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 14: Global Picric Acid Market Volume (Kilotons) Analysis by Application, 2017-2032
Figure 15: Global Picric Acid Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 16: Global Picric Acid Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 17: Global Picric Acid Market Value (US$ Mn) Analysis by End-Use Industry, 2017-2032
Figure 18: Global Picric Acid Market Volume (Kilotons) Analysis by End-Use Industry, 2017-2032
Figure 19: Global Picric Acid Market Value Share (%) and BPS Analysis by End-Use Industry, 2022-2032
Figure 20: Global Picric Acid Market Y-o-Y Growth (%) Projections by End-Use Industry, 2022-2032
Figure 21: Global Picric Acid Market Attractiveness by Product Type, 2022-2032
Figure 22: Global Picric Acid Market Attractiveness by Application, 2022-2032
Figure 23: Global Picric Acid Market Attractiveness by End-Use Industry, 2022-2032
Figure 24: Global Picric Acid Market Attractiveness by Region, 2022-2032
Figure 25: North America Picric Acid Market Value (US$ Mn) by Product Type, 2022-2032
Figure 26: North America Picric Acid Market Value (US$ Mn) by Application, 2022-2032
Figure 27: North America Picric Acid Market Value (US$ Mn) by End-Use Industry, 2022-2032
Figure 28: North America Picric Acid Market Value (US$ Mn) by Country, 2022-2032
Figure 29: North America Picric Acid Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 30: North America Picric Acid Market Volume (Kilotons) Analysis by Country, 2017-2032
Figure 31: North America Picric Acid Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 32: North America Picric Acid Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 33: North America Picric Acid Market Value (US$ Mn) Analysis by Product Type, 2017-2032
Figure 34: North America Picric Acid Market Volume (Kilotons) Analysis by Product Type, 2017-2032
Figure 35: North America Picric Acid Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 36: North America Picric Acid Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 37: North America Picric Acid Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 38: North America Picric Acid Market Volume (Kilotons) Analysis by Application, 2017-2032
Figure 39: North America Picric Acid Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 40: North America Picric Acid Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 41: North America Picric Acid Market Value (US$ Mn) Analysis by End-Use Industry, 2017-2032
Figure 42: North America Picric Acid Market Volume (Kilotons) Analysis by End-Use Industry, 2017-2032
Figure 43: North America Picric Acid Market Value Share (%) and BPS Analysis by End-Use Industry, 2022-2032
Figure 44: North America Picric Acid Market Y-o-Y Growth (%) Projections by End-Use Industry, 2022-2032
Figure 45: North America Picric Acid Market Attractiveness by Product Type, 2022-2032
Figure 46: North America Picric Acid Market Attractiveness by Application, 2022-2032
Figure 47: North America Picric Acid Market Attractiveness by End-Use Industry, 2022-2032
Figure 48: North America Picric Acid Market Attractiveness by Country, 2022-2032
Figure 49: Latin America Picric Acid Market Value (US$ Mn) by Product Type, 2022-2032
Figure 50: Latin America Picric Acid Market Value (US$ Mn) by Application, 2022-2032
Figure 51: Latin America Picric Acid Market Value (US$ Mn) by End-Use Industry, 2022-2032
Figure 52: Latin America Picric Acid Market Value (US$ Mn) by Country, 2022-2032
Figure 53: Latin America Picric Acid Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 54: Latin America Picric Acid Market Volume (Kilotons) Analysis by Country, 2017-2032
Figure 55: Latin America Picric Acid Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 56: Latin America Picric Acid Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 57: Latin America Picric Acid Market Value (US$ Mn) Analysis by Product Type, 2017-2032
Figure 58: Latin America Picric Acid Market Volume (Kilotons) Analysis by Product Type, 2017-2032
Figure 59: Latin America Picric Acid Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 60: Latin America Picric Acid Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 61: Latin America Picric Acid Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 62: Latin America Picric Acid Market Volume (Kilotons) Analysis by Application, 2017-2032
Figure 63: Latin America Picric Acid Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 64: Latin America Picric Acid Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 65: Latin America Picric Acid Market Value (US$ Mn) Analysis by End-Use Industry, 2017-2032
Figure 66: Latin America Picric Acid Market Volume (Kilotons) Analysis by End-Use Industry, 2017-2032
Figure 67: Latin America Picric Acid Market Value Share (%) and BPS Analysis by End-Use Industry, 2022-2032
Figure 68: Latin America Picric Acid Market Y-o-Y Growth (%) Projections by End-Use Industry, 2022-2032
Figure 69: Latin America Picric Acid Market Attractiveness by Product Type, 2022-2032
Figure 70: Latin America Picric Acid Market Attractiveness by Application, 2022-2032
Figure 71: Latin America Picric Acid Market Attractiveness by End-Use Industry, 2022-2032
Figure 72: Latin America Picric Acid Market Attractiveness by Country, 2022-2032
Figure 73: Europe Picric Acid Market Value (US$ Mn) by Product Type, 2022-2032
Figure 74: Europe Picric Acid Market Value (US$ Mn) by Application, 2022-2032
Figure 75: Europe Picric Acid Market Value (US$ Mn) by End-Use Industry, 2022-2032
Figure 76: Europe Picric Acid Market Value (US$ Mn) by Country, 2022-2032
Figure 77: Europe Picric Acid Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 78: Europe Picric Acid Market Volume (Kilotons) Analysis by Country, 2017-2032
Figure 79: Europe Picric Acid Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 80: Europe Picric Acid Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 81: Europe Picric Acid Market Value (US$ Mn) Analysis by Product Type, 2017-2032
Figure 82: Europe Picric Acid Market Volume (Kilotons) Analysis by Product Type, 2017-2032
Figure 83: Europe Picric Acid Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 84: Europe Picric Acid Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 85: Europe Picric Acid Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 86: Europe Picric Acid Market Volume (Kilotons) Analysis by Application, 2017-2032
Figure 87: Europe Picric Acid Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 88: Europe Picric Acid Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 89: Europe Picric Acid Market Value (US$ Mn) Analysis by End-Use Industry, 2017-2032
Figure 90: Europe Picric Acid Market Volume (Kilotons) Analysis by End-Use Industry, 2017-2032
Figure 91: Europe Picric Acid Market Value Share (%) and BPS Analysis by End-Use Industry, 2022-2032
Figure 92: Europe Picric Acid Market Y-o-Y Growth (%) Projections by End-Use Industry, 2022-2032
Figure 93: Europe Picric Acid Market Attractiveness by Product Type, 2022-2032
Figure 94: Europe Picric Acid Market Attractiveness by Application, 2022-2032
Figure 95: Europe Picric Acid Market Attractiveness by End-Use Industry, 2022-2032
Figure 96: Europe Picric Acid Market Attractiveness by Country, 2022-2032
Figure 97: East Asia Picric Acid Market Value (US$ Mn) by Product Type, 2022-2032
Figure 98: East Asia Picric Acid Market Value (US$ Mn) by Application, 2022-2032
Figure 99: East Asia Picric Acid Market Value (US$ Mn) by End-Use Industry, 2022-2032
Figure 100: East Asia Picric Acid Market Value (US$ Mn) by Country, 2022-2032
Figure 101: East Asia Picric Acid Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 102: East Asia Picric Acid Market Volume (Kilotons) Analysis by Country, 2017-2032
Figure 103: East Asia Picric Acid Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 104: East Asia Picric Acid Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 105: East Asia Picric Acid Market Value (US$ Mn) Analysis by Product Type, 2017-2032
Figure 106: East Asia Picric Acid Market Volume (Kilotons) Analysis by Product Type, 2017-2032
Figure 107: East Asia Picric Acid Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 108: East Asia Picric Acid Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 109: East Asia Picric Acid Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 110: East Asia Picric Acid Market Volume (Kilotons) Analysis by Application, 2017-2032
Figure 111: East Asia Picric Acid Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 112: East Asia Picric Acid Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 113: East Asia Picric Acid Market Value (US$ Mn) Analysis by End-Use Industry, 2017-2032
Figure 114: East Asia Picric Acid Market Volume (Kilotons) Analysis by End-Use Industry, 2017-2032
Figure 115: East Asia Picric Acid Market Value Share (%) and BPS Analysis by End-Use Industry, 2022-2032
Figure 116: East Asia Picric Acid Market Y-o-Y Growth (%) Projections by End-Use Industry, 2022-2032
Figure 117: East Asia Picric Acid Market Attractiveness by Product Type, 2022-2032
Figure 118: East Asia Picric Acid Market Attractiveness by Application, 2022-2032
Figure 119: East Asia Picric Acid Market Attractiveness by End-Use Industry, 2022-2032
Figure 120: East Asia Picric Acid Market Attractiveness by Country, 2022-2032
Figure 121: South Asia & Pacific Picric Acid Market Value (US$ Mn) by Product Type, 2022-2032
Figure 122: South Asia & Pacific Picric Acid Market Value (US$ Mn) by Application, 2022-2032
Figure 123: South Asia & Pacific Picric Acid Market Value (US$ Mn) by End-Use Industry, 2022-2032
Figure 124: South Asia & Pacific Picric Acid Market Value (US$ Mn) by Country, 2022-2032
Figure 125: South Asia & Pacific Picric Acid Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 126: South Asia & Pacific Picric Acid Market Volume (Kilotons) Analysis by Country, 2017-2032
Figure 127: South Asia & Pacific Picric Acid Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 128: South Asia & Pacific Picric Acid Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 129: South Asia & Pacific Picric Acid Market Value (US$ Mn) Analysis by Product Type, 2017-2032
Figure 130: South Asia & Pacific Picric Acid Market Volume (Kilotons) Analysis by Product Type, 2017-2032
Figure 131: South Asia & Pacific Picric Acid Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 132: South Asia & Pacific Picric Acid Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 133: South Asia & Pacific Picric Acid Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 134: South Asia & Pacific Picric Acid Market Volume (Kilotons) Analysis by Application, 2017-2032
Figure 135: South Asia & Pacific Picric Acid Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 136: South Asia & Pacific Picric Acid Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 137: South Asia & Pacific Picric Acid Market Value (US$ Mn) Analysis by End-Use Industry, 2017-2032
Figure 138: South Asia & Pacific Picric Acid Market Volume (Kilotons) Analysis by End-Use Industry, 2017-2032
Figure 139: South Asia & Pacific Picric Acid Market Value Share (%) and BPS Analysis by End-Use Industry, 2022-2032
Figure 140: South Asia & Pacific Picric Acid Market Y-o-Y Growth (%) Projections by End-Use Industry, 2022-2032
Figure 141: South Asia & Pacific Picric Acid Market Attractiveness by Product Type, 2022-2032
Figure 142: South Asia & Pacific Picric Acid Market Attractiveness by Application, 2022-2032
Figure 143: South Asia & Pacific Picric Acid Market Attractiveness by End-Use Industry, 2022-2032
Figure 144: South Asia & Pacific Picric Acid Market Attractiveness by Country, 2022-2032
Figure 145: MEA Picric Acid Market Value (US$ Mn) by Product Type, 2022-2032
Figure 146: MEA Picric Acid Market Value (US$ Mn) by Application, 2022-2032
Figure 147: MEA Picric Acid Market Value (US$ Mn) by End-Use Industry, 2022-2032
Figure 148: MEA Picric Acid Market Value (US$ Mn) by Country, 2022-2032
Figure 149: MEA Picric Acid Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 150: MEA Picric Acid Market Volume (Kilotons) Analysis by Country, 2017-2032
Figure 151: MEA Picric Acid Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 152: MEA Picric Acid Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 153: MEA Picric Acid Market Value (US$ Mn) Analysis by Product Type, 2017-2032
Figure 154: MEA Picric Acid Market Volume (Kilotons) Analysis by Product Type, 2017-2032
Figure 155: MEA Picric Acid Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 156: MEA Picric Acid Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 157: MEA Picric Acid Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 158: MEA Picric Acid Market Volume (Kilotons) Analysis by Application, 2017-2032
Figure 159: MEA Picric Acid Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 160: MEA Picric Acid Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 161: MEA Picric Acid Market Value (US$ Mn) Analysis by End-Use Industry, 2017-2032
Figure 162: MEA Picric Acid Market Volume (Kilotons) Analysis by End-Use Industry, 2017-2032
Figure 163: MEA Picric Acid Market Value Share (%) and BPS Analysis by End-Use Industry, 2022-2032
Figure 164: MEA Picric Acid Market Y-o-Y Growth (%) Projections by End-Use Industry, 2022-2032
Figure 165: MEA Picric Acid Market Attractiveness by Product Type, 2022-2032
Figure 166: MEA Picric Acid Market Attractiveness by Application, 2022-2032
Figure 167: MEA Picric Acid Market Attractiveness by End-Use Industry, 2022-2032
Figure 168: MEA Picric Acid Market Attractiveness by Country, 2022-2032
The picric acid market is anticipated to register a CAGR of 8% during the forecast period.
Key players holding substantial picric acid market share include BASF SE, DowDuPont Inc., Innospec, Odyssey Organics, Aadhunik Industries, Anmol Chemicals Group, and many more.
As per the analysis, the picric acid market share is likely to be USD 50.8 Billion by 2026.
Demand for picric acid is predicted to grow significantly in the Asia Pacific area over the long term, owing to established sectors such as textiles, pharmaceuticals, and agrochemicals.
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