“Phenylacetic Acid (PAA) Market” Phenylacetic acid (abr. PAA and synonyms are: α-toluic acid, benzeneacetic acid, alpha tolylic acid, 2-phenylacetic acid, β-phenylacetic acid) is an organic compound containing a phenyl functional group and a carbolic acid functional group. It is a white solid with a disagreeable odor. Because it is used in the illicit production of phenylacetone (used in the manufacture of substituted amphetamines), it is subject to controls in countries including the United States and China. Market Analysis and Insights: Global Phenylacetic Acid (PAA) Market Due to the COVID-19 pandemic, the global Phenylacetic Acid (PAA) market size is estimated to be worth USD 71 million in 2022 and is forecast to a readjusted size of USD 64 million by 2028 with a CAGR of -1.6% during the review period. Fully considering the economic change by this health crisis, Pharmaceutical Grade PAA accounting for % of the Phenylacetic Acid (PAA) global market in 2021, is projected to value USD million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Penicillin segment is altered to an % CAGR throughout this forecast period. China Phenylacetic Acid (PAA) market size is valued at USD million in 2021, while the US and Europe Phenylacetic Acid (PAA) are USD million and USD million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Phenylacetic Acid (PAA) landscape, Germany is projected to reach USD million by 2028 trailing a CAGR of % over the forecast period. The global key manufacturers of Phenylacetic Acid (PAA) include Hebei Chengxin, Hebei Zehao Biotechnology, White Deer, TUL, Alembic, Gow Chemical, Jinguan Chemical and SPI, etc. In 2021, the global top five players have a share approximately % in terms of revenue. In terms of production side, this report researches the Phenylacetic Acid (PAA) capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028. In terms of sales side, this report focuses on the sales of Phenylacetic Acid (PAA) by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028. Global Phenylacetic Acid (PAA) Scope and Segment Phenylacetic Acid (PAA) market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Phenylacetic Acid (PAA) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.

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The Major Players in the Industrial Phenylacetic Acid (PAA) Market include:

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