03th
October 2018: Global Anthranilic
Acid Market is expected to grow at a significant CAGR in the
upcoming years as the scope and its applications are rising enormously across
the globe. Anthranilic acid is also termed as 2-AA, or 2-aminobenzoic acid is
an aromatic acid with formula C6H4 (NH2) (CO2H) and obtained by the
deprotonation of Anthranilic acid known as anthranilate. It is odorless white
solid powder when in pure form. However, commercial samples may appear as
pale-yellow or tan crystalline. It plays an important role during the
production of quinolinic acid in the brain. A chemical is freely soluble in
alcohol and ether; soluble in ethyl ether and ethanol; whereas, slightly
soluble in benzene and trifluoroacetic acid. On the other hand, it is not
soluble in water. Anthranilic acid is sensitive when exposed to air and light
and has a sweetish taste.
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It is also known to be an intermediate metabolite for the
production of the neurotransmitter serotonin. The chemical plays important role
in the human body during lactation and is known as vitamin L1. Also, plays a
major part during biosynthesis of tryptophan and its derivatives, and various
alkaloids.
Anthranilic Acid Industry is segmented based on types,
applications, and region. Types such as Anthranilic and others classify
Anthranilic Acid Market. Applications into Pharmaceutical Industry, Dye
Industry, Perfume Industry, and others classify Anthranilic Acid Market.
Anthranilic Acid Market is segmented geographically into Americas (North
America, South America), Europe (Eastern Europe, Western Europe), Asia Pacific,
Latin America, Middle East and Africa.
The key players
of Anthranilic
Acid Industry are:
·
DongyingKexin Chemical,
·
Xiangli Chemical,
·
Shandong Co-Strength Chemicals,
·
New Sunlion Chemical,
·
DongyingXinfeng Chemical,
·
Shandong wochi Chemicals, and
·
Shandong Taihong New Material Technology
These players are concentrating on inorganic growth to sustain
themselves amongst fierce competition. As such, mergers, acquisitions, and
joint ventures are the need of the hour.
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