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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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
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