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Global Barbituric Acid Market Size, Share, and Analysis, By Type (Pharmaceutical Grade, Industrial Grade), By Application (VB2, Barbiturate, Dye Intermediates, Others), By End-Use Industry (Plastics, Textiles, Polymers, Pharmaceutical, Others) and Regional Forecasts, 2022-2032
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Global Barbituric Acid Market Size, Share, and Analysis, By Type (Pharmaceutical Grade, Industrial Grade), By Application (VB2, Barbiturate, Dye Intermediates, Others), By End-Use Industry (Plastics, Textiles, Polymers, Pharmaceutical, Others) and Regional Forecasts, 2022-2032
PRODUCT OVERVIEW:
The Global Barbituric Acid market size was USD 19.29 million in 2021 and projected to grow from USD 21.1 million in 2023 to USD 32.1 million by 2032, exhibiting a CAGR of 4.8% during the forecast period.
Barbituric acid belongs to the pyrimidine family. It is an organic compound that has a pyrimidine heterocyclic skeleton with chemical formula is C4H4N2O3, having a six-membered ring structure with four carbon atoms and two nitrogen atoms. Barbituric acid is also known as 6-hydroxyuracil or malonylurea. It is an odorless, white crystal-like powder which is soluble in water having molar mass is 128.09 g/mol. It has a melting point at 245 °C. Barbituric acid is the parent compound of barbiturate drugs, but pharmacologically barbituric acids are inactive. Barbituric acid is generally used to produce barbiturate drugs.
MARKET HIGHLIGHTS
Global Barbituric Acid Market is expected to project a CAGR of 4.8% during the forecast period, 2022-2032
Barbituric Acid Market is expected to reach USD 32.1 million at a CAGR of 4.8% during forecast period owing to the high usage of barbiturates in the pharmaceuticals industry which is expected to drive the market growth in the future. Barbiturate drugs depress the working of central nervous system. The increasing prevalence of sleeplessness (insomnia) and the rise in geriatric population are the key factors responsible for the growth of barbituric acid market. Investments in research and development activities is increasing for developing new products and the consumption of barbiturate drugs is increasing, propelling the market growth.
GLOBAL BARBITURIC ACID MARKET SEGMENTATION:
Pharmaceutical Grade segment is expected to grow with high CAGR during the forecast period
Global Barbituric Acid Market is classified based on the Type into Pharmaceutical Grade, Industrial Grade. Pharmaceutical Grade segment is dominating the market with the largest share in 2021 and is also expected to grow during the forecast period. As barbiturates are widely used in pharmaceuticals preparation, the segment pharmaceutical grade is expected to grow. Barbiturates possess several properties like hypnotic, sedative, antimicrobial, anticonvulsant, anticancer and antitumor properties.
Pharmaceuticals segment is expected to grow with high CAGR during 2022-2032
MARKET DYNAMICS:
Growth Drivers
• Increased Disorders is Expected to Boost the Growth of the Market
• Rise in Industries is Expected to Boost the Growth of the Market
Restraint
Regulatory Constrictions May Hamper Market Growth
GLOBAL BARBITURIC ACID MARKET
• Central Drug House (P) Ltd – CDH
• Sparchem
• Zhengzhou Lifeng Chemical Co.,Ltd.
• Ralington Pharma LLP
• Hebei Chengxin Co., Ltd
• Hem Corporation
• Danopharm Chemicals Pvt. Ltd.
• Explicit Chemicals Pvt Ltd
• GFS Chemicals Inc
• Other Prominent Players
Regional Analysis
Global Barbituric Acid Market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. Asia Pacific market has accounted for the largest market share in 2021 and is expected to grow at a significant CAGR during the forecast period owing to the increased production & consumption of barbituric acid due to large patient pool with sleeping disorders and presence of geriatric population along with the presence of key barbituric acid manufacturing companies. There has also been increase in the number of plastics and pharmaceutical industries in the region which is expected to grow the market. The use of barbituric acid in supplements will also create demand for barbituric acid.
Global Barbituric Acid Market Segments:
By Type
• Pharmaceutical Grade
• Industrial Grade
• By Application
• VB2
• Barbiturate
• Dye Intermediates
• Others
By End-Use Industry
• Plastics
• Textiles
• Polymers
• Pharmaceutical
• Others
Reasons to Purchase this Report.
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
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Table of Content
1 Executive Summary
1.1. Regional Market Share
1.2. Business Trends
1.3. Global Barbituric Acid Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2 Research Methodology
2.1. Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1. Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3 Market Characteristics
3.1. Market Definition
3.2. Global Barbituric Acid Market: COVID-19 Impact
3.3. Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4 Global Barbituric Acid Market – Industry Insights
4.1. Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5 Macroeconomic Indicators
6 Recent Developments
7 Market Dynamics
7.1. Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4. Market Restraints
7.5. Market Trends
8 Risk Analysis
9 Market Analysis
9.1. Porters Five Forces
9.2. PEST Analysis
9.2.1. Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10 Global Barbituric Acid Market
10.1. Overview
10.2. Historical Analysis (2016-2021)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11 Global Barbituric Acid Market Size & Forecast 2022A-2032F
11.1. Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1. By Type
11.3.1.1. Pharmaceutical Grade
11.3.1.1.1. By Value (USD Million) 2022-2032F
11.3.1.1.2. Market Share (%) 2022-2032F
11.3.1.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.2. Industrial Grade
11.3.1.2.1. By Value (USD Million) 2022-2032F
11.3.1.2.2. Market Share (%) 2022-2032F
11.3.1.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.2. By Application
11.3.2.1. VB2
11.3.2.1.1. By Value (USD Million) 2022-2032F
11.3.2.1.2. Market Share (%) 2022-2032F
11.3.2.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.2. Barbiturate
11.3.2.2.1. By Value (USD Million) 2022-2032F
11.3.2.2.2. Market Share (%) 2022-2032F
11.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.3. Dye Intermediates
11.3.2.3.1. By Value (USD Million) 2022-2032F
11.3.2.3.2. Market Share (%) 2022-2032F
11.3.2.3.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.4. Others
11.3.2.4.1. By Value (USD Million) 2022-2032F
11.3.2.4.2. Market Share (%) 2022-2032F
11.3.2.4.3. Y-o-Y Growth (%) 2022-2032F
11.3.3. By End-Use Industry
11.3.3.1. Plastics
11.3.3.1.1. By Value (USD Million) 2022-2032F
11.3.3.1.2. Market Share (%) 2022-2032F
11.3.3.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.3.2. Textiles
11.3.3.2.1. By Value (USD Million) 2022-2032F
11.3.3.2.2. Market Share (%) 2022-2032F
11.3.3.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.3.3. Pharmaceutical
11.3.3.3.1. By Value (USD Million) 2022-2032F
11.3.3.3.2. Market Share (%) 2022-2032F
11.3.3.3.3. Y-o-Y Growth (%) 2022-2032F
11.3.3.4. Polymers
11.3.3.4.1. By Value (USD Million) 2022-2032F
11.3.3.4.2. Market Share (%) 2022-2032F
11.3.3.4.3. Y-o-Y Growth (%) 2022-2032F
11.3.3.5. Others
11.3.3.5.1. By Value (USD Million) 2022-2032F
11.3.3.5.2. Market Share (%) 2022-2032F
11.3.3.5.3. Y-o-Y Growth (%) 2022-2032F
12 North America Barbituric Acid Market Size & Forecast 2022A-2032F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Type
12.3.2. By Application
12.3.3. By End Use Industry
12.4. Country
12.4.1. United States
12.4.2. Canada
13 Europe Barbituric Acid Market Size & Forecast 2022A-2032F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Type
13.3.2. By Application
13.3.3. By End Use Industry
13.4. Country
13.4.1. Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14 Asia Barbituric Acid Market Size & Forecast 2022A-2032F
14.1. Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Type
14.3.2. By Application
14.3.3. By End Use Industry
14.4. Country
14.4.1. India
14.4.2. China
14.4.3. South Korea
14.4.4. Japan
14.4.5. Rest of APAC
15 Middle East and Africa Barbituric Acid Market Size & Forecast 2022A-2032F
15.1. Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Type
15.3.2. By Application
15.3.3. By End Use Industry
15.4. Country
15.4.1. Israel
15.4.2. GCC
15.4.3. North Africa
15.4.4. South Africa
15.4.5. Rest of Middle East and Africa
16 Latin America Barbituric Acid Market Size & Forecast 2022A-2032F
16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1. By Type
16.3.2. By Application
16.3.3. By End Use Industry
16.4. Country
16.4.1. Mexico
16.4.2. Brazil
16.4.3. Rest of Latin America
17 Competitive Landscape
17.1. Company market share, 2021
17.2. Key player overview
17.3. Key stakeholders
18 Company Profiles
18.1. Central Drug House (P) Ltd – CDH
18.1.1. Company Overview
18.1.2. Financial Overview
18.1.3. Key Product; Analysis
18.1.4. Company Assessment
18.1.4.1. Product Portfolio
18.1.4.2. Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2. Sparchem
18.3. Zhengzhou Lifeng Chemical Co.,Ltd.
18.4. Ralington Pharma LLP
18.5. Hebei Chengxin Co., Ltd
18.6. Hem Corporation
18.7. Danopharm Chemicals Pvt. Ltd.
18.8. Explicit Chemicals Pvt Ltd
18.9. GFS Chemicals Inc
18.10. Other prominent players
19 Appendix
20 Consultant Recommendation
Tables and Figures
Contact our sales team for List of Tables & Figures
• Central Drug House (P) Ltd – CDH
• Sparchem
• Zhengzhou Lifeng Chemical Co.,Ltd.
• Ralington Pharma LLP
• Hebei Chengxin Co., Ltd
• Hem Corporation
• Danopharm Chemicals Pvt. Ltd.
• Explicit Chemicals Pvt Ltd
• GFS Chemicals Inc
• Other Prominent Player
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