Pyruvic Acid Market in China
China pyruvic acid market by process (chemical synthesis, biosynthesis), by application (pharmaceuticals & healthcare, daily chemicals, food additives, others), industry snapshot, 2022-2028
Pyruvic acid (CH3COCOOH), also known as 2-oxopropanoic acid, α-ketopropionic acid or acetylformic acid, is the simplest of the alpha-keto acids, with a carboxylic acid and a ketone functional group. Pyruvic acid is the most important α-oxocarboxylic acid. It plays a central role in energy metabolism in living organisms. Industrially, it is used mainly as a starting material in the biosynthesis of pharmaceuticals, such as L-tryptophan, L-tyrosine and alanine, as well as L-DOPA. It is also employed in the production of crop protection agents, polymers, cosmetics and food additives. The pyruvic acid market in China is projected to expand at a CAGR of ~4.3 percent across the forecast period of 2022 – 2028, according to the latest edition of the Pyruvic Acid in China Market Report.
This industry report offers market estimates of the China market, followed by a detailed analysis of the process, and application. The China market data on pyruvic acid can be segmented by process: chemical synthesis, biosynthesis. Pyruvic acid market is further segmented by application: pharmaceuticals & healthcare, daily chemicals, food additives, others. The pharmaceuticals & healthcare segment is estimated to account for the largest share of the pyruvic acid market in China.
The China pyruvic acid market is highly competitive. The report also includes the profiles of leading companies such as Anhui Huaheng Biological Engineering Co. Ltd., Hubei Lansun Biochemistry Pharmaceutical Co. Ltd., Jinon Pharma (Wuhan) Co. Ltd., Musashino Chemical Laboratory Ltd., Shanghai Jinli Bio-tech Co. Ltd., Tianjin Shengdao Technology Co. Ltd., Toray Fine Chemicals Co. Ltd., Zheda Panaco Chemical Engineering Co. Ltd.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive coverage of the market across different market segments, the report is a valuable asset for the existing players, new entrants and the future investors.
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