menu
Picric Acid Market is projected to grow USD 85.2 Bn in 2030
Picric Acid Market is projected to grow USD 85.2 Bn in 2030
Picric Acid Market research report is liable to deliver a robust overview of the worldwide industry developments. Its main vision is to offer clients and interested individuals a realistic evaluation of the company and meanwhile, support them in generating highly strategic plans.

The picric acid market was valued at USD 34.6 Bn in 2021. The market is projected to grow USD 85.2 Bn in 2030, at a CAGR of 8.2%. Picric acid is an odorless crystalline solid of pale yellow color used in the production of explosives, matches, and electric batteries. The IUPAC name of picric acid is 2,4,6-trinitrophenol. The picric acid is used to etch copper and make colored glass, as well as in the leather industry and dye synthesis. Picric acid is a flammable/combustible substance that is highly unstable. When exposed to heat, flame, friction, or shock, dried-out picric acid may explode, and it should be considered as an explosive. Picric acid reacts violently with oxidizing materials, forming unstable salts with concrete, ammonia, bases, and metals. Picric acid is stronger acid than phenol as it decomposes carbonates. It is advised to store tightly sealed in a cool, ventilated place, away from severe fire hazards and easily oxidized materials.

 

Request for a Sample Report Here: https://extrapolate.com/sample/Chemicals-and-Advanced-Materials/picric-acid-market/25754?utm_source=Fortunetelleroracle-8025

 

A strong research methodology employed in the winning Picric Acid Market business report consists of data models that include Market Overview and Guide, Vendor Positioning Grid, Market Time Line Analysis, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. Businesses can attain details about market drivers and market restraints which assist them to take presumption about reducing or increasing the production of particular product.

 

The report provides a comprehensive analysis of company profiles listed below:

 

Restek Corporation

Odyssey Organic

ANMOL CHEMICALS

Merck KGaA

Aadhunik Industries

RICCA Chemical Company

LobaChemie Pvt.Ltd.

Finoric LLC

SOMATCO

Spectrum Chemical Mfg. Corp.

Parchem fine & specialty chemicals

Indian PlaEnergetic Materialsum Private Limited.

Sisco Research Laboratories Pvt. Ltd.

LookChem

Hefei TNJ Chemical Industry Co.,Ltd.

Others

 

Type Analysis of World Wide Market:

 

Explosives

Antiseptic

Energetic Materials

Thin Films

Power Generation

Others

 

Segmentation of global Picric Acid Market by Application:

 

Defense

Textile

Pharmaceutical

Mining

Agriculture

Others

 

Market segment by Region/Country including:

 

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Spain etc.)

Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)

South America (Brazil, Argentina and Colombia etc.)

Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)

 

This Picric Acid market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market.

 

For More Information, Visit: https://extrapolate.com/Chemicals-and-Advanced-Materials/picric-acid-market/25754?utm_source=Fortunetelleroracle-8025

 

This research report gives detailed data about the major factors influencing the growth of the Picric Acid market at the global level forecast of the market size, in terms of value, market share by region and segment, regional market positions, segment and country opportunities for growth, Key company profiles, SWOT Analysis, product portfolio and growth strategies. In this report, the market’s essential sides such as top participants, expansion strategies, business models and other market features to improve market insight.