Gallic Acid Market Research | 2023-2030

[2023-2030] This new research report provides a comprehensive and detailed analysis of the global Business Travel market, including segmentation by leading companies and brands, region, type, and end user. The report also examines sales channels and distributors, market share, growth rate, future trends, market drivers, opportunities, and challenges. Additionally, the report categorizes the production, apparent consumption, export, and import of radiant heating systems by region, including North America, Europe, China, Japan, Southeast Asia, and India. The study provides an in-depth understanding of the market and its dynamics, helping stakeholders make informed decisions and develop effective strategies.

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Major Players in Business Travel Market are:

  • Jiurui Biology
  • Bei Yuan Chemical
  • Hunan Linong
  • Tianxin Biotech
  • Xiangxi Gaoyuan
  • Chicheng Biotech
  • JPN Pharma
  • Hunan Shineway

    Short Description About Business Travel Market:

    Gallic Acid (CAS 149-91-7) is a trihydroxybenzoic acid, a type of phenolic acid, a type of organic acid, also known as 3, 4, 5-trihydroxybenzoic acid, founded in gallnuts, sumac, witch hazel, tea leaves, oak bark, and other plants. The chemical formula is C6H2 (OH)3COOH.

    Market Analysis and Insights: Global Gallic Acid Market

    Due to the COVID-19 pandemic, the global Gallic Acid market size is estimated to be worth USD 77 million in 2021 and is forecast to a readjusted size of USD 131.1 million by 2028 with a CAGR of 7.8% during the forecast period 2022-2028.

    China is the largest Gallic Acid market with about 86% market share. India is follower, accounting for about 9% market share.

    The key players are Jiurui Biology, Bei Yuan Chemical, Hunan Linong, Tianxin Biotech, GALLOCHEM, Xiangxi Gaoyuan, Chicheng Biotech, JPN Pharma, Hunan Shineway, WENZHOU OUHAI etc. Top 3 companies occupied about 55% market share.

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