New Year and Chrismas Offer
m-Toluic Acid Market

m-Toluic Acid Market Size and Segment by Products (Pharma Grade, Industrial Grade, Others), By Applications (Pharmaceutical, Insect Repellent, Others), and by Regions | Global Market Forecast 2022-2028

Report Id: SNS/C&M/1489 | May 2022 | Region: Global | 125 Pages

Report Scope & Overview:

3-ethylbenzoic Acid; NSC 2214; m-Methylbenzoic Acid; -Methylbenzoic Acid, meta-taulic acid are all names for m-Toulic acid. The chemical formula of the substance is C8H8O2, and its Chemical Abstracts Service (CAS) number is 103-83-3. Benzoic acids contain benzene rings to at least one carboxyl group, and m-Toulic acid is one of them. The acid is acidic in nature and mildly soluble in water. N, N-diethyl-3-methylbenzamide is made mostly from m-toulic acid as a raw material (DEET). DEET is used as an insect repellent as well as a film-forming. The rising need for insect repellants is fueling the demand for effective insect repellants around the world, owing to rising knowledge about disease transmission through bug bites, as well as increasing urbanisation, which leads to a high adoption rate for improved products. This, in turn, is expected to raise m-Toulic acid demand over the projection period. Stringent restrictions against harmful pharmaceutical compounds, on the other hand, may limit the worldwide m-Toulic market's growth over the forecast period.

Market Dynamics:

Drivers:

  • The increasing demand for insect repellants

Restraints:

  • Awareness of disease transmission via bug bites.

  • Strict regulations against harmful pharmaceutical compounds

Opportunity:

  • Demand for pharmaceutical industries.

Impact of Covid-19:

At the start of 2021, the COVID-19 virus began to spread over the world, infecting countless people and prompting important governments around the world to implement foot restrictions and work stoppage orders. Most undertakings have been greatly harmed, and m-Toluic Acid adventures have been seriously impacted, aside from clinical supply and life support item organizations.

Key Players:

Taixing Zhongran Chemical Co. Ltd., Yangzhou Gideon Biological Technology, Hebei Xingyu Chemical, Zibo Shibang Chemical, Shandong Yuexing Chemical, Dalian Richfortune Chemicals, and other players.

Market Segmentation:

By Product Type

  • Pharma Grade

  • Industrial Grade

  • Others

By Applications

  • Pharmaceutical

  • Insect Repellent

  • Others

m-Toluic Acid Market Segment Pie Chart

Regional Analysis:

The global m-Toulic market can be divided into five regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

North America is expected to hold a sizable proportion of the global m-Toulic acid market. The US Environmental Protection Agency's authorization for DEET's use in various bug repelling products due to its superior insecticidal properties has boosted demand for DEET-based pesticides in the region. Furthermore, growing awareness among end-users about the importance of taking precautions against disease-carrying insects and mosquito bites is driving demand for DEET-based pesticides in the region. This is expected to increase demand for m-Toulic acid in the North American region.

Over the projected period, the Asia Pacific region is expected to grow at a high rate. Government measures to combat diseases such as dengue fever and malaria, as well as an increasingly urban population, are expected to drive demand for m-Toulic acid in the region, as well as growing demand for insect repellants.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • South Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America


Frequently Asked Questions (FAQ) :

Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.

 

Ans: Pharma Grade, Industrial Grade and Others are the sub-segments of by Product segment.

 

Ans: Taixing Zhongran Chemical Co. Ltd., Yangzhou Gideon Biological Technology, Hebei Xingyu Chemical, Zibo Shibang Chemical, Shandong Yuexing Chemical and Dalian Richfortune Chemicals are the major key players of m-Toluic Acid (MTA, CAS 99-04-7) Market.

Ans: At the start of 2021, the COVID-19 virus began to spread over the world, infecting countless people and prompting important governments around the world to implement foot restrictions and work stoppage orders. Most undertakings have been greatly harmed, and m-Toluic Acid adventures have been seriously impacted, aside from clinical supply and life support item organisations.

 

Ans: Awareness of disease transmission via bug bites and Strict regulations against harmful pharmaceutical compounds are the restraints for m-Toluic Acid (MTA, CAS 99-04-7) Market.


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine-Russia War

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7. PEST Analysis

 

8. Global m-Toluic Acid Market Segment, By Product Type

                8.1 Pharma Grade

                8.2 Industrial Grade

                8.3 Others

 

9. Global m-Toluic Acid Market Segment, By Applications

                9.1 Pharmaceutical

                9.2 Insect Repellent

                9.3 Others

 

10. Regional Analysis

10.1 Introduction

10.2 North America

10.2.1 USA

10.2.2    Canada

10.2.3    Mexico

10.3 Europe

10.3.1    Germany

10.3.2    UK

10.3.3    France

10.3.4    Italy

10.3.5    Spain

10.3.6    The Netherlands

10.3.7    Rest of Europe

10.4 Asia-Pacific

10.4.1    Japan

10.4.2    South Korea

10.4.3    China

10.4.4    India

10.4.5    Australia

10.4.6    Rest of Asia-Pacific

10.5 The Middle East & Africa

10.5.1    Israel

10.5.2    UAE

10.5.3    South Africa

10.5.4    Rest

10.6 Latin America

10.6.1    Brazil

10.6.2    Argentina

10.6.3    Rest of Latin America

 

11. Company Profiles

                11.1 Taixing Zhongran Chemical Co. Ltd.

                                11.1.1 Financial

                                11.1.2 Products/ Services Offered

                                11.1.3 SWOT Analysis

                                11.1.4 The SNS view

                11.2 Hebei Xingyu Chemical

                11.3 Zibo Shibang Chemical

                11.4 Shandong Yuexing Chemical

                11.5 Yangzhou Gideon Biological Technology

                11.6 Dalian Richfortune Chemicals

 

12.Competitive Landscape

12.1 Competitive Benchmark

12.2 Market Share analysis

12.3 Recent Developments

 

13. Conclusion

 

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.