BBA Market Overview, Product Segment and Analysis till 2022
The global 2-[4-(Dibutylamino)-2-hydroxybenzoyl] benzoic acid (BBA, CAS 54574-82-2) Market is expected to display higher growth rate by 2022. The BBA market is subject to witness a substantial growth due to the increasing demand of the products for production of color formers. The 2-[4-(Dibutylamino)-2-hydroxybenzoyl] benzoic acid (BBA, CAS 54574-82-2) is also known as butyl-keto acid.
The global 2-[4-(Dibutylamino)-2-hydroxybenzoyl] benzoic acid (BBA, CAS 54574-82-2) Market is expected to display higher growth rate by 2022. The BBA market is subject to witness a substantial growth due to the increasing demand of the products for production of color formers. The 2-[4-(Dibutylamino)-2-hydroxybenzoyl] benzoic acid (BBA, CAS 54574-82-2) is also known as butyl-keto acid.
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<strong>BBA</strong> <strong>Market</strong> <strong>Overview</strong>, <strong>Product</strong> <strong>Segment</strong><br />
<strong>and</strong> <strong>Analysis</strong> <strong>till</strong> <strong>2022</strong><br />
“The <strong>BBA</strong> market is subject to witness a substantial growth<br />
due to the increasing dem<strong>and</strong> of the products for production<br />
of color formers. The 2-[4-(Dibutylamino)-2-hydroxybenzoyl]<br />
benzoic acid (<strong>BBA</strong>, CAS 54574-82-2) is also known as butylketo<br />
acid.”<br />
The global 2-[4-(Dibutylamino)-2-hydroxybenzoyl] benzoic acid (<strong>BBA</strong>, CAS 54574-82-2) <strong>Market</strong> is expected to<br />
display higher growth rate by <strong>2022</strong>. The <strong>BBA</strong> market is subject to witness a substantial growth due to the increasing<br />
dem<strong>and</strong> of the products for production of color formers. The 2-[4-(Dibutylamino)-2-hydroxybenzoyl] benzoic acid<br />
(<strong>BBA</strong>, CAS 54574-82-2) is also known as butyl-keto acid.<br />
The butyl-keto acid or 2-[4-(Dibutylamino)-2-hydroxybenzoyl] benzoic acid acts as a chemical intermediate during the<br />
color formation. Globally, the 2-[4-(Dibutylamino)-2-hydroxybenzoyl] benzoic acid or <strong>BBA</strong> market is predicted to grow<br />
at CAGR of 4.3% over the forecast period, providing numerous opportunities for market players to invest in research<br />
<strong>and</strong> development of the <strong>BBA</strong> market.<br />
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The key applications of the 2-[4-(Dibutylamino)-2-hydroxybenzoyl] benzoic acid include production of heat & pressure<br />
sensitive dye <strong>and</strong> leuco dye. The heat & pressure sensitive dye are increasingly used in the pressure <strong>and</strong> heat sensitive<br />
recording systems that utilizes color formation mechanism; such systems consists of various color formers, developers<br />
<strong>and</strong> sensitizers. These factors are escalating dem<strong>and</strong> for 2-[4-(Dibutylamino)-2-hydroxybenzoyl] benzoic acid over the<br />
forecast period.<br />
The pressure sensitive recording systems containing large amounts of 2-[4-(Dibutylamino)-2-hydroxybenzoyl] benzoic<br />
acid as a color former, are destroyed by applied pressure, thus directly making a contact with the developer coated<br />
support material. The direct contact with the developer coated support material initiates the coloring reaction. The 2-[4-<br />
(Dibutylamino)-2-hydroxybenzoyl] benzoic acid are also used in the heat sensitive recording systems.
The recent technological advancement in the chemical industry coupled with development of the novel products are<br />
expected to drive market growth over the forecast period. Additionally, strong economic growth <strong>and</strong> rapid<br />
industrialization in the developing economies such as China <strong>and</strong> India are projected to exp<strong>and</strong> market reach for <strong>BBA</strong><br />
market, in the upcoming years. However, complexities involved with production of 2-[4-(Dibutylamino)-2-<br />
hydroxybenzoyl] benzoic acid coupled with easy availability of counterfeit products such as <strong>BBA</strong> or 4-Diethylamino-<br />
2-hydroxybenzophenone-2'-carboxylic acid are expected to limit market growth to a certain extent.<br />
The <strong>BBA</strong> market is divided by region as North America, Europe, Asia-Pacific, Latin America <strong>and</strong> Africa. North America<br />
<strong>and</strong> European region have shown major growth in recent years owing to the introduction of novel production techniques<br />
in the chemical industry <strong>and</strong> existence of well-established manufacturing sector in the region.<br />
Asia-Pacific region is predicted to hold major market share in the <strong>BBA</strong> market with massive growth in forecast period.<br />
Countries such as India <strong>and</strong> China are leading the Asia-Pacific market with strong economic growth, rising research &<br />
development activities, <strong>and</strong> significant investment by leading industry players considering potential growth<br />
opportunities in the region. The key players in the <strong>BBA</strong> market are Jianxin tyre (Fujian) Co., Ltd., Sigma-Aldrich Co.,<br />
Sadhana Nitro Chem Ltd., Connect Chemicals GmbH, Wilson Chemical Innovations Inc., <strong>and</strong> Zhejiang Longsheng<br />
Group Co., Ltd.<br />
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<strong>Market</strong> <strong>Segment</strong>:<br />
Key Applications<br />
• Heat & Pressure Sensitive Dye<br />
Key Regions<br />
• North America<br />
• Europe<br />
• Asia Pacific<br />
Key Vendors<br />
• Jianxin<br />
• SNCL<br />
• Wilson<br />
• Longsheng
• request free sample to get a complete list of companies<br />
Key Questions Answered in this Report<br />
• What will the market size be in <strong>2022</strong>?<br />
• What are the key factors driving the global <strong>BBA</strong> market?<br />
• What are the challenges to market growth?<br />
• Who are the key players in the <strong>BBA</strong> market?<br />
• What are the market opportunities <strong>and</strong> threats faced by the key players?<br />
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https://www.millioninsights.com/industry/chemicals
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