Pelargonic Acid and Azelaic Acid Global Market Size Forecas - California - San Francisco ID1549817

Pelargonic acid is a clear, light colored, monobasic acid which is liquid at room temperature. Pelargonic acid derives unique performance characteristics from its oddcarbon chain length, providing definite advantages in many quality and performancesensitive applications over short-chain fatty acids obtained from imported coconut oil. The nine-carbon structure difers from the even-carbon chains of coconut fatty acids, imparting pelargonic acid and its derivatives with significantly diferent solubility characteristics, lower-temperature fluidity, and low melting points.

Pelargonic Acid, also called nonanoic acid, is a monocarboxylic acid that naturally occurring fatty acid found in plants and animals. The U.S. Food and Drug Administration (FDA) has approved pelargonic acid for use in food, cosmetics, shampoos and other personal care products, and in transdermal drug delivery systems. Other applications are as a developer for photographic plates, in lacquers and plastics, in lubricants and metalworking fluids, and in herbicide products for plant protection.

Azelaic acid is a crystalline, opaque-white solid, soluble in hot water, alcohols, diethyl ether, and other polar solvents. The two carboxyl groups of azelaic acid limit its solubility in nonpolar solvents such as naphtha or carbon tetrachloride.

It is a 9-carbon, straight chain, saturated, dibasic acid mainly produced commercially by the ozone oxidation of oleic acid. It is chemical raw material used in the production of plastics, lubricants, electronics, pharmaceuticals & cosmetics, etc.

According to the new market research report “Global Pelargonic Acid and Azelaic Acid Market Report 2023-2029”, published by QYResearch, the global Pelargonic Acid and Azelaic Acid market size is projected to reach USD 0.32 billion by 2029, at a CAGR of 4.6% during the forecast period.

The global key manufacturers of Pelargonic Acid and Azelaic Acid include Emery Oleochemicals, OQ Chemicals, Croda Sipo, Matrica SpA, BASF, Zhengzhou Yibang, Jiangsu Senxuan, Nantong Hengxing, Shandong Clearwill, etc. In 2022, the global top five players had a share approximately 97.1% in terms of revenue.Above figure shows the key players ranked by revenue in Pelargonic Acid and Azelaic Acid.

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