Azelaic Acid Market Insights Key Applications Across Industries
Global Azelaic Acid Market Forecast: Key Players and Emerging Opportunities
PORTLAND, OR, UNITED STATES, January 15, 2025 /EINPresswire.com/ -- According to Allied Marker Research, The azelaic acid market size is projected to grow from USD 218.29 million in 2022 to USD 422.21 million by 2032, at a CAGR of 7.0%. Azelaic acid, a naturally occurring acid with anti-inflammatory and antimicrobial properties, is one such example. This acid has been used in treating skin conditions such as rosacea and acne due to its comedolytic, keratolytic, and antioxidant effects commonly found in hair care products.
Azelaic acid is an organic compound with the molecular structure C9H16O4 saturated dicarboxylic acid, which is a powder. This compound has biological activities and can be found in food products like barley, wheat, and rye; it inhibits enzymes involved in respiratory chain respiration as well as DNA synthesis. Produced from oleic and ozone when exposed to oxygen acting as a catalyst, Azelaic Acid has remarkable biological effects.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 : https://www.alliedmarketresearch.com/request-sample/A15507
𝐃𝐞𝐟𝐢𝐧𝐢𝐭𝐢𝐨𝐧:
Azelaic acid is also known as Heptanedicarboxylic acid or Lepargylic acid is a naturally occurring acid found in grains such as barley, wheat, and rye. This acid comes in a gel, lotion, and cream form. This acid is often used in skin care and acne treatments as a gentle exfoliant and surface cleanser. Furthermore, it also acts as a thickener in lithium complex greases and an intermediate in polymer or plasticizer production. The growing demand for azelaic acid is expected to increase the market growth in upcoming years.
The following fragment talks about the Azelaic Acid market types, applications, End-Users, Deployment model etc. A thorough analysis of Azelaic Acid Market Segmentation: by Application (Plastics, Lubricants, Electronics, Pharmaceuticals and Cosmetics, Others), Industry (Personal Care, Medical, Polymers), Form (Gel, Foam, Cream), Packaging Type (Bag, Drum, Other), Grade (Industrial Grade, Pharmaceutical Grade), Source (Barley, Wheat, Rye)
𝐀𝐳𝐞𝐥𝐚𝐢𝐜 𝐀𝐜𝐢𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐫𝐢𝐯𝐞𝐫𝐬:
• Increasing Use of Azelaic Acid for Skin Treatment: {Azelaic acid is used for skin conditions, such as hyperpigmentation, rosacea, and skin lightening. It is also being used by people to treat acne scarring in addition to active outbreaks. This acid boosts cell turnover to reduce severe scars}
𝐀𝐳𝐞𝐥𝐚𝐢𝐜 𝐀𝐜𝐢𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:
• Trend to Use of Azelaic Acid by End-User Industries
𝐀𝐳𝐞𝐥𝐚𝐢𝐜 𝐀𝐜𝐢𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬:
• Growing Use of Azelaic Acid to Treat Rosacea and Lentigo Maligna Diseases
• Azelaic Acid in Anti-aging Products
As the Azelaic Acid market is becoming increasingly competitive, it has become imperative for businesses to keep a constant watch on their competitor strategies and other changing trends in the Azelaic Acid market. Scope of Azelaic Acid market intelligence has proliferated to include comprehensive analysis and analytics that can help revamp business models and projections to suit current business requirements.
We help our customers settle on more intelligent choices to accomplish quick business development. Our strength lies in the unbeaten diversity of our global market research teams, innovative research methodologies, and unique perspective that merge seamlessly to offer customized solutions for your every business requirement.
𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐑𝐞𝐩𝐨𝐫𝐭 @ https://www.alliedmarketresearch.com/purchase-enquiry/A15507
𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡
The target market has experienced an exponential rise in demand for polymers globally. As a result, azelaic acid, a key building block in polyamides and polyesters, has become increasingly important. Azelaic acid can also be utilized in high-performance copolyesters, which are popular in industrial adhesives, films, and polymeric plasticizers. Forecasts indicate that azelaic acids will experience increased demand due to increased polymer demand over the forecast period. In addition, azelaic acid is expected to experience growth in the market due to increasing demand for lubricants. These acids, which come from bio-based feedstocks, have become widely used as sources of lubricants.
Bio-lubricants are becoming more widely used, increasing demand for azelaic acids. Petroleum-based oil was once the go-to lubricant, but it had poor biodegradability. Additionally, petroleum-based lubricants can pose environmental issues by building up and damaging aquatic life. Therefore, bio-lubricants will remain in demand due to increasing awareness of eco-friendly lubricant options. Over the forecast period, the global azelaic acids market size will expand due to rising demand for environmentally friendly alternatives to petroleum-based lubricants. According to the Department of Ecology Washington (USA), lubricants are safer than their petroleum-based counterparts due to higher flashpoints, constant viscosity, and less oil mist or other vapour emissions.
𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬
Based on the regional outlook, North America accounted for 38.7% of azelaic acid consumption by revenue. Europe followed closely behind in terms of revenue at approximately 20%. Due to the variety of applications provided by end-use industries, North America and Europe provide ample opportunities for key players in the azelaic acids market, such as those from the U.S.A., Germany, France, and other regions. Over the next decade, there will be numerous mergers and acquisitions among core players in these regions. Asia Pacific - particularly India and China - offers exciting investment opportunities. India's economy is expected to experience a substantial compound annual growth rate over this timeframe while China follows behind. Middle East & Africa experience slower market expansion than Latin America.
𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐢𝐧 𝐏𝐫𝐨𝐜𝐮𝐫𝐢𝐧𝐠 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐕𝐢𝐬𝐢𝐭 𝐇𝐞𝐫𝐞: https://www.alliedmarketresearch.com/azelaic-acid-market/purchase-options
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
David Correa
Allied Market Research
+1 800-792-5285
email us here
Visit us on social media:
Facebook
X
Distribution channels: Chemical Industry, Healthcare & Pharmaceuticals Industry
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Submit your press release