Picric Acid Market To Receive Overwhelming Hike In Revenues By 2026Posted by Mangesh on January 13th, 2020 According to a new report published by Allied Market Research, titled, "Picric Acid Market by Type (Dry Picric Acid, and Wet Picric Acid), Application (Explosives, Antiseptic, Energetic Materials, Liquefied Gas Fuels, Thin Films, Power Generation, and Others), and End User (Defense, Agriculture, Textile, Mining, Pharmaceutical, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026” The global market size of Picric Acid is $XX million in 2018 with XX CAGR, and it is expected to reach $XX million by the end of 2026 with a CAGR of XX% from 2019 to 2026. Click Here To Access Free Sample Report @ https://www.alliedmarketresearch.com/request-toc-and-sample/5746 The global picric acid market is segmented based on type, application, end user, and region. On the basis of type, the market is bifurcated into dry picric acid and wet picric acid. Based on application, it is classified into explosives, antiseptic, energetic materials, liquefied gas fuels, thin films, power generation, and others. On the basis of end user, it is fragmented into defense, agriculture, textile, mining, pharmaceutical, and others. Based on region the global picric acid market is studied across North America (U.S., Canada, and Mexico), Europe (Germany, France, Italy, Spain, UK, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and rest of LAMEA). Moreover, Asia-Pacific is the fastest growing region in the global picric acid market due to the presence of high number of end users in India and China. Furthermore, the rapid growth in textile, agriculture and pharmaceutical industries in this region is another factor that boosts the growth of picric acid market. Key players operating in the global picric acid market are Lanxess Aktiengesellschaft, BASF SE, Dow Inc., Royal Dutch Shell PLC, Innospec Inc., Aadhunik Industries, Merck KGaA (Sigma-Aldrich Corporation), Odyssey Organic., Loba Chemie Pvt. Ltd., and RICCA Chemical Company. Major players acquired various strategies such as acquisitions, partnerships, collaboration, joint ventures, agreements, expansions, and new product launches to create a strong consumer base in the market. For instance, in April 2017, Lanxess Aktiengesellschaft acquired Chemtura, a U.S. based company resulting into geographic expansion of the company in the North American region. KEY BENEFITS FOR STAKEHOLDERS:
KEY MARKET SEGMENTS By Type
By Application
By End User
By Geography
Key Players
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