Picric acid is an organic aromatic compound belonging to the family of organic nitro compounds. Picric acid is also known as 2,4,6 tri nitrophenol or TNP. Picric acid is one of the most acidic phenols. Picric acid is explosive in nature similar to other highly nitrated compounds.
This report contains market size and forecasts of Picric Acid in global, including the following market information:
Global Picric Acid Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Picric Acid Market Sales, 2017-2022, 2023-2028, (MT)
Global top five Picric Acid companies in 2021 (%)
The global Picric Acid market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Dry/Dehydrated Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Picric Acid include BASF SE, Innospec, Odyssey Organics, Aadhunik Industries, Anmol Chemicals Group, Hefei TNJ Chemical Industry Co.,Ltd., Spectrum Chemicals, Loba Chemie Fine Chemicals and Merck KGaA, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Picric Acid manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Picric Acid Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Picric Acid Market Segment Percentages, by Type, 2021 (%)
Dry/Dehydrated
Less than 30%
More than 30%
Global Picric Acid Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Picric Acid Market Segment Percentages, by Application, 2021 (%)
Defence/Ballistics
Pharmaceuticals
Agrochemicals
Textile
Mining
Global Picric Acid Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Picric Acid Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Picric Acid revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Picric Acid revenues share in global market, 2021 (%)
Key companies Picric Acid sales in global market, 2017-2022 (Estimated), (MT)
Key companies Picric Acid sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
BASF SE
Innospec
Odyssey Organics
Aadhunik Industries
Anmol Chemicals Group
Hefei TNJ Chemical Industry Co.,Ltd.
Spectrum Chemicals
Loba Chemie Fine Chemicals
Merck KGaA
Ricca Chemical Company
Mubychem Group