The global 3-O-Ethyl-L-Ascorbic Acid market was valued at US$ 29 million in 2019 and it is expected to reach US$ 43 million by the end of 2026, growing at a CAGR of 6.3% during 2021-2026.
3-O-ethyl ascorbic acid is an ether derivative of ascorbic acid. As a real stable and discolored derivative of ascorbic acid, it also can enter into skin and be metabolized by body as ascorbic acid. 3-O-ethyl ascorbic acid can easily enter into dermis and play biological effect which makes it an excellent choice for cosmetic chemists.
Leading players in the sector are Nippon Fine Chemicals, CosMol and Spec-Chem Group, with 6.59%, 6.19% and 5.73% of revenues respectively. China has the highest share of income by region, with more than 36 percent in 2019.
Global 3-O-Ethyl-L-Ascorbic Acid Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global 3-O-Ethyl-L-Ascorbic Acid Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are GfN＆Selco, Nippon Fine Chemicals, CosMol, Spec-Chem Group, MC Biotec, Greaf, Yantai Aurora Chemical, Hangzhou Lingeba Technology, Hubei Ataike Biotechnology, Sunchem Pharmaceutical, Jinan Beauty Skin Biotechnology, Rensin Chemicals, Corum and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- White Powder
Powder was a more common type of 3-O-Ethyl-L-Ascorbic Acid between the two, with a market share about 80% in 2019.
Segment by Application
3-O-Ethyl-L-Ascorbic Acid was mainly used in the application field of Cosmetics, with a market share of 90.15% in 2019.
Table of Content:
1 3-O-Ethyl-L-Ascorbic Acid Market Overview
2 3-O-Ethyl-L-Ascorbic Acid Market Competition by Manufacturers
3 3-O-Ethyl-L-Ascorbic Acid Retrospective Market Scenario by Region
4 Global 3-O-Ethyl-L-Ascorbic Acid Historic Market Analysis by Type
5 Global 3-O-Ethyl-L-Ascorbic Acid Historic Market Analysis by Application
6 Key Companies Profiled
7 3-O-Ethyl-L-Ascorbic Acid Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 3-O-Ethyl-L-Ascorbic Acid Market Dynamics
10 Global 3-O-Ethyl-L-Ascorbic Acid Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta