Pyruvic acid is a alpha-keto acid with a carboxylic acid and a ketone functional group. It is a colorless liquid that is represented chemically as C3H4O3, while pyruvate (the conjugate base, CH3COCOO−) is a key intermediate in several metabolic pathways.
Currently, Musashino, Toray, Minakem, Tianjin Shengdao Technology and Shanghai Jinli Bio-tech are the leaders of pyruvic acid industry. Musashino is a global leader. In 2017, the production of Musashino was 602 ton, and the company held a production share of 24.3%. In Europe and the United States, Musashino and Minakem are the market leader.
Pyruvic acid or pyruvate is a key intermediate in the glycolytic and pyruvate dehydrogenase pathways, which are involved in biological energy production. Pyruvic acid is mainly used for pharmaceuticals, daily chemicals and food additives. In 2017, pharmaceuticals application held 60.6% of the consumption market share. In fact, the trade flow of pyruvic acid is less. The trade flow of pyruvic acid mainly comes from pyruvic acid derivatives.
Global Pyruvic Acid market size will increase to 49 Million US$ by 2025, from 42 Million US$ in 2018, at a CAGR of 2.4% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Pyruvic Acid.
This report researches the worldwide Pyruvic Acid market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Pyruvic Acid breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Tianjin Shengdao Technology
Shanghai Jinli Bio-tech
Zhoucun Dongfang Chemical
Pyruvic Acid Breakdown Data by Type
Pyruvic Acid Breakdown Data by Application
Pyruvic Acid Production Breakdown Data by Region
Pyruvic Acid Consumption Breakdown Data by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Pyruvic Acid capacity, production, value, consumption, status and forecast;
To focus on the key Pyruvic Acid manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Pyruvic Acid :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.