[250 Pages Report] The global barbituric acid market size is expected to reach around US$ 19.8 Million in 2022. Further, with rising adoption of barbituric acid across industries such as pharmaceuticals, plastics, polymers, textiles, etc., the total demand for barbituric acid is likely to grow at a steady CAGR of 4.6% between 2022 and 2032, totaling over US$ 31.04 Million by 2032.
| Attributes | Key Statistics |
|---|---|
| Barbituric Acid Market Estimated Value (2022) | US$ 19.8 Million |
| Barbituric Acid Market Projected Value (2032) | US$ 34.04 Million |
| Barbituric Acid Market Estimated Growth Rate (2022 to 2032) | 4.6% |
Barbituric acid is an organic compound belonging to the pyrimidine family. It is commonly used in the manufacturing of pharmaceuticals (barbiturates), plastics, polymers, and textiles.
In recent years, demand for barbituric acid has risen at a robust pace due to its increasing usage in the production of barbiturate drugs and the trend is likely to continue during the forecast period. These barbiturate drugs have a sedative effect on the central nervous system and are being consumed by patients suffering from sleeping disorders and anxiety.
Thus, surge in cases of sleeping disorders and anxiety will continue to push the demand for barbituric acid during the forecast period.
Similarly, rapid expansion of industries like plastics, polymers, and textiles will positively impact the barbituric acid market growth during the upcoming years.
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Over the years, rising prevalence of various diseases and increasing consumer healthcare spending have triggered the growth of pharmaceuticals industry and this trend is likely to further escalate during the forecast period on account of increasing healthcare awareness among people. Driven by this demand for barbituric acid is slated to grow at a considerable pace.
Barbituric acid itself is not pharmaceutically active. However, it is being used as a raw material used for making a wide range of barbiturates. Rising prevalence of diseases like insomnia and seizures along with growing usage of barbiturate drugs as hypnotics, anticonvulsants, sedatives, anesthetics and most importantly sleeping pills is projected to boost the growth of barbituric acid market during the forecast period.
Globally there are millions of people who suffer from insomnia, anxiety and several other sleeping disorders. For instance, according to the American Sleep Apnea Association, around 50 million Americans already suffer from over 80 different sleep disorders while another 20 to 30 million suffer intermittent sleep problems each year. This is creating huge demand for barbiturates which will eventually foster the growth of barbituric acid market in the future
Similarly, rising usage of barbituric acid for laboratory synthesis of riboflavin (vitamin B2) and minoxidil will create lucrative growth opportunities for the leading barbituric acid manufacturing companies during the forthcoming years.
In addition to this, growing adoption of barbituric acid as dye intermediate used in textile industry will further expand the barbituric acid market size in the future.
Despite multiple applications of barbituric acid, there are certain factors that are likely to restrain the growth of barbituric acid market. One such factor is the presence of stringent regulations pertaining to the manufacturing of barbiturates drugs.
As barbiturates have numerous side effects, they are being strictly monitored by the Drug Abuse Prevention and Control Act. This is negatively impacting the market growth to some extent.
Principal Consultant
FMI predicts the Asia Pacific market to retain its dominant position during the forecast period, owing to the high production and consumption rates of barbituric acid, large presence of barbituric acid manufacturing companies, and expanding plastics and pharmaceutical industries.
In recent years, there has been a sharp rise in sleeping disorders across highly populated nations like China and India. In order to manage and treat these sleeping disorders people use drugs like barbiturates. This is providing a major impetus to the growth of Asia pacific barbituric acid market.
Similarly, increasing usage of barbituric acid in health supplements will further push the demand for barbituric acid in the region during the assessment period.
As per FMI, demand for barbituric acid is projected to grow at a rapid pace in the North America Market, owing to the rapid adoption in pharmaceutical industry, rising prevalence of diseases like sleep disorders, increasing healthcare spending, and strong presence of leading barbituric acid manufacturing companies.
Barbituric acid sales are especially rising across the U.S. due to increasing prevalence of insomnia, growing production and consumption of barbiturates, and presence of some of the world’s leading pharmaceutical companies.
According to the American Sleep Apnea Association, chronic insomnia affects around 10% of Americans and this number is further expected to increase in the upcoming years. In order to treat this condition, people consume drugs like barbiturates on large scales. This is fostering the growth of barbituric acid market in the region.
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Some of the key manufacturers of barbituric acid are Ralington Pharma, Zhengzhou Lifeng Chemical Co., Ltd., Explicit chemicals pvt. Ltd., Hebei Chengxin Co., Ltd., Danopharm Chemicals Pvt. Ltd., CDH Druh House (P) Ltd., Sparchem, Hunan HongQiang Chem Technology Development Co., Ltd., GFS Chemicals Inc, and Hem Corporation.
These key barbituric acid manufacturing companies are adopting strategies such as partnerships, collaborations, mergers, acquisitions, and establishment of new production facilities to gain a competitive edge in the global barbituric acid market. Furthermore, they are investing in research and development to explore new application areas of barbituric acid.
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 4.6% from 2022 to 2032 |
| Market Estimated Value (2022) | US$ 19.8 Million |
| Projected Market Size (2032) | US$ 31.04 Million |
| Base Year for Estimation | 2021 |
| Historical Data | 2017 to 2021 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in US$ Million and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered |
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| Regions Covered |
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| Key Countries Profiled |
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| Key Companies Profiled |
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| Customization | Available Upon Request |
As per FMI, demand in the global barbituric acid market is forecast to grow at a CAGR of around 4.6% during the assessment period (2022-2032).
Asia Pacific is likely to remain the most dominant barbituric acid market during the forecast period.
The global barbituric acid market is expected to reach a valuation of US$ 31.04 Mn by 2032.
Ralington Pharma, Zhengzhou Lifeng Chemical Co., Ltd., Explicit chemicals pvt. Ltd., Hebei Chengxin Co., Ltd., Danopharm Chemicals Pvt. Ltd., CDH Druh House (P) Ltd., and Sparchem are some prominent barbituric acid manufacturers.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Barbituric Acid Market Analysis 2017-2021 and Forecast, 2022-2032
4.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis, 2017-2021
4.2. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Projections, 2022-2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Barbituric Acid Market Analysis 2017-2021 and Forecast 2022-2032, By End Use Industry
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By End Use Industry, 2017-2021
5.3. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By End Use Industry, 2022-2032
5.3.1. Plastics
5.3.2. Textiles
5.3.3. Polymers
5.3.4. Pharmaceutical
5.3.5. Others
5.4. Y-o-Y Growth Trend Analysis By End Use Industry, 2017-2021
5.5. Absolute $ Opportunity Analysis By End Use Industry, 2022-2032
6. Global Barbituric Acid Market Analysis 2017-2021 and Forecast 2022-2032, By Application
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Application, 2017-2021
6.3. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Application, 2022-2032
6.3.1. Pharmaceutical Intermediate
6.3.2. Dye Intermediate
6.3.3. Nutritional Supplement
6.4. Y-o-Y Growth Trend Analysis By Application, 2017-2021
6.5. Absolute $ Opportunity Analysis By Application, 2022-2032
7. Global Barbituric Acid Market Analysis 2017-2021 and Forecast 2022-2032, By Grade
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Grade, 2017-2021
7.3. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Grade, 2022-2032
7.3.1. Regular Grade 98%
7.3.2. High Purity Grade 99%
7.4. Y-o-Y Growth Trend Analysis By Grade, 2017-2021
7.5. Absolute $ Opportunity Analysis By Grade, 2022-2032
8. Global Barbituric Acid Market Analysis 2017-2021 and Forecast 2022-2032, By Region
8.1. Introduction
8.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Region, 2017-2021
8.3. Current Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Region, 2022-2032
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. MEA
8.4. Market Attractiveness Analysis By Region
9. North America Barbituric Acid Market Analysis 2017-2021 and Forecast 2022-2032, By Country
9.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
9.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
9.2.1. By Country
9.2.1.1. U.S.
9.2.1.2. Canada
9.2.2. By End Use Industry
9.2.3. By Application
9.2.4. By Grade
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By End Use Industry
9.3.3. By Application
9.3.4. By Grade
9.4. Key Takeaways
10. Latin America Barbituric Acid Market Analysis 2017-2021 and Forecast 2022-2032, By Country
10.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
10.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Rest of Latin America
10.2.2. By End Use Industry
10.2.3. By Application
10.2.4. By Grade
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By End Use Industry
10.3.3. By Application
10.3.4. By Grade
10.4. Key Takeaways
11. Europe Barbituric Acid Market Analysis 2017-2021 and Forecast 2022-2032, By Country
11.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
11.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. U.K.
11.2.1.3. France
11.2.1.4. Spain
11.2.1.5. Italy
11.2.1.6. Rest of Europe
11.2.2. By End Use Industry
11.2.3. By Application
11.2.4. By Grade
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By End Use Industry
11.3.3. By Application
11.3.4. By Grade
11.4. Key Takeaways
12. Asia Pacific Barbituric Acid Market Analysis 2017-2021 and Forecast 2022-2032, By Country
12.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
12.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
12.2.1. By Country
12.2.1.1. China
12.2.1.2. Japan
12.2.1.3. South Korea
12.2.1.4. Malaysia
12.2.1.5. Singapore
12.2.1.6. Australia
12.2.1.7. New Zealand
12.2.1.8. Rest of APAC
12.2.2. By End Use Industry
12.2.3. By Application
12.2.4. By Grade
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By End Use Industry
12.3.3. By Application
12.3.4. By Grade
12.4. Key Takeaways
13. MEA Barbituric Acid Market Analysis 2017-2021 and Forecast 2022-2032, By Country
13.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
13.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
13.2.1. By Country
13.2.1.1. GCC Countries
13.2.1.2. South Africa
13.2.1.3. Israel
13.2.1.4. Rest of MEA
13.2.2. By End Use Industry
13.2.3. By Application
13.2.4. By Grade
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By End Use Industry
13.3.3. By Application
13.3.4. By Grade
13.4. Key Takeaways
14. Key Countries Barbituric Acid Market Analysis
14.1. U.S.
14.1.1. Pricing Analysis
14.1.2. Market Share Analysis, 2021
14.1.2.1. By End Use Industry
14.1.2.2. By Application
14.1.2.3. By Grade
14.2. Canada
14.2.1. Pricing Analysis
14.2.2. Market Share Analysis, 2021
14.2.2.1. By End Use Industry
14.2.2.2. By Application
14.2.2.3. By Grade
14.3. Brazil
14.3.1. Pricing Analysis
14.3.2. Market Share Analysis, 2021
14.3.2.1. By End Use Industry
14.3.2.2. By Application
14.3.2.3. By Grade
14.4. Mexico
14.4.1. Pricing Analysis
14.4.2. Market Share Analysis, 2021
14.4.2.1. By End Use Industry
14.4.2.2. By Application
14.4.2.3. By Grade
14.5. Germany
14.5.1. Pricing Analysis
14.5.2. Market Share Analysis, 2021
14.5.2.1. By End Use Industry
14.5.2.2. By Application
14.5.2.3. By Grade
14.6. U.K.
14.6.1. Pricing Analysis
14.6.2. Market Share Analysis, 2021
14.6.2.1. By End Use Industry
14.6.2.2. By Application
14.6.2.3. By Grade
14.7. France
14.7.1. Pricing Analysis
14.7.2. Market Share Analysis, 2021
14.7.2.1. By End Use Industry
14.7.2.2. By Application
14.7.2.3. By Grade
14.8. Spain
14.8.1. Pricing Analysis
14.8.2. Market Share Analysis, 2021
14.8.2.1. By End Use Industry
14.8.2.2. By Application
14.8.2.3. By Grade
14.9. Italy
14.9.1. Pricing Analysis
14.9.2. Market Share Analysis, 2021
14.9.2.1. By End Use Industry
14.9.2.2. By Application
14.9.2.3. By Grade
14.10. China
14.10.1. Pricing Analysis
14.10.2. Market Share Analysis, 2021
14.10.2.1. By End Use Industry
14.10.2.2. By Application
14.10.2.3. By Grade
14.11. Japan
14.11.1. Pricing Analysis
14.11.2. Market Share Analysis, 2021
14.11.2.1. By End Use Industry
14.11.2.2. By Application
14.11.2.3. By Grade
14.12. South Korea
14.12.1. Pricing Analysis
14.12.2. Market Share Analysis, 2021
14.12.2.1. By End Use Industry
14.12.2.2. By Application
14.12.2.3. By Grade
14.13. Malaysia
14.13.1. Pricing Analysis
14.13.2. Market Share Analysis, 2021
14.13.2.1. By End Use Industry
14.13.2.2. By Application
14.13.2.3. By Grade
14.14. Singapore
14.14.1. Pricing Analysis
14.14.2. Market Share Analysis, 2021
14.14.2.1. By End Use Industry
14.14.2.2. By Application
14.14.2.3. By Grade
14.15. Australia
14.15.1. Pricing Analysis
14.15.2. Market Share Analysis, 2021
14.15.2.1. By End Use Industry
14.15.2.2. By Application
14.15.2.3. By Grade
14.16. New Zealand
14.16.1. Pricing Analysis
14.16.2. Market Share Analysis, 2021
14.16.2.1. By End Use Industry
14.16.2.2. By Application
14.16.2.3. By Grade
14.17. GCC Countries
14.17.1. Pricing Analysis
14.17.2. Market Share Analysis, 2021
14.17.2.1. By End Use Industry
14.17.2.2. By Application
14.17.2.3. By Grade
14.18. South Africa
14.18.1. Pricing Analysis
14.18.2. Market Share Analysis, 2021
14.18.2.1. By End Use Industry
14.18.2.2. By Application
14.18.2.3. By Grade
14.19. Israel
14.19.1. Pricing Analysis
14.19.2. Market Share Analysis, 2021
14.19.2.1. By End Use Industry
14.19.2.2. By Application
14.19.2.3. By Grade
15. Market Structure Analysis
15.1. Competition Dashboard
15.2. Competition Benchmarking
15.3. Market Share Analysis of Top Players
15.3.1. By Regional
15.3.2. By End Use Industry
15.3.3. By Application
15.3.4. By Grade
16. Competition Analysis
16.1. Competition Deep Dive
16.1.1. Hebei Chengxin Co., Ltd.
16.1.1.1. Overview
16.1.1.2. Product Portfolio
16.1.1.3. Profitability by Market Segments
16.1.1.4. Sales Footprint
16.1.1.5. Strategy Overview
16.1.1.5.1. Marketing Strategy
16.1.1.5.2. Product Strategy
16.1.1.5.3. Channel Strategy
16.1.2. Ralington Pharma
16.1.2.1. Overview
16.1.2.2. Product Portfolio
16.1.2.3. Profitability by Market Segments
16.1.2.4. Sales Footprint
16.1.2.5. Strategy Overview
16.1.2.5.1. Marketing Strategy
16.1.2.5.2. Product Strategy
16.1.2.5.3. Channel Strategy
16.1.3. Explicit chmicals pvt. ltd.
16.1.3.1. Overview
16.1.3.2. Product Portfolio
16.1.3.3. Profitability by Market Segments
16.1.3.4. Sales Footprint
16.1.3.5. Strategy Overview
16.1.3.5.1. Marketing Strategy
16.1.3.5.2. Product Strategy
16.1.3.5.3. Channel Strategy
16.1.4. Zhengzhou Lifeng Chemical Co.,Ltd.
16.1.4.1. Overview
16.1.4.2. Product Portfolio
16.1.4.3. Profitability by Market Segments
16.1.4.4. Sales Footprint
16.1.4.5. Strategy Overview
16.1.4.5.1. Marketing Strategy
16.1.4.5.2. Product Strategy
16.1.4.5.3. Channel Strategy
16.1.5. Danopharm Chemicals Pvt. Ltd.
16.1.5.1. Overview
16.1.5.2. Product Portfolio
16.1.5.3. Profitability by Market Segments
16.1.5.4. Sales Footprint
16.1.5.5. Strategy Overview
16.1.5.5.1. Marketing Strategy
16.1.5.5.2. Product Strategy
16.1.5.5.3. Channel Strategy
16.1.6. CDH Druh House (P) Ltd.
16.1.6.1. Overview
16.1.6.2. Product Portfolio
16.1.6.3. Profitability by Market Segments
16.1.6.4. Sales Footprint
16.1.6.5. Strategy Overview
16.1.6.5.1. Marketing Strategy
16.1.6.5.2. Product Strategy
16.1.6.5.3. Channel Strategy
16.1.7. Hunan HongQiang Chem Technology Development Co., Ltd.
16.1.7.1. Overview
16.1.7.2. Product Portfolio
16.1.7.3. Profitability by Market Segments
16.1.7.4. Sales Footprint
16.1.7.5. Strategy Overview
16.1.7.5.1. Marketing Strategy
16.1.7.5.2. Product Strategy
16.1.7.5.3. Channel Strategy
16.1.8. Sparchem
16.1.8.1. Overview
16.1.8.2. Product Portfolio
16.1.8.3. Profitability by Market Segments
16.1.8.4. Sales Footprint
16.1.8.5. Strategy Overview
16.1.8.5.1. Marketing Strategy
16.1.8.5.2. Product Strategy
16.1.8.5.3. Channel Strategy
16.1.9. Hem Corporation
16.1.9.1. Overview
16.1.9.2. Product Portfolio
16.1.9.3. Profitability by Market Segments
16.1.9.4. Sales Footprint
16.1.9.5. Strategy Overview
16.1.9.5.1. Marketing Strategy
16.1.9.5.2. Product Strategy
16.1.9.5.3. Channel Strategy
16.1.10. GFS Chemicals Inc
16.1.10.1. Overview
16.1.10.2. Product Portfolio
16.1.10.3. Profitability by Market Segments
16.1.10.4. Sales Footprint
16.1.10.5. Strategy Overview
16.1.10.5.1. Marketing Strategy
16.1.10.5.2. Product Strategy
16.1.10.5.3. Channel Strategy
17. Assumptions & Acronyms Used
18. Research Methodology
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Barbituric Acid Market
