Global Gallic Acid Market Research Report 2021 - Impact of COVID-19 on the Market

SKU ID : Maia- 19421317

Publishing Date : 29-Oct-2021

No. of pages : 125

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  • Gallic acid (also known as 3,4,5-trihydroxybenzoic acid) is a trihydroxybenzoic acid, a type of phenolic acid, found in gallnuts, sumac, witch hazel, tea leaves, oak bark, and other plants.The chemical formula of gallic acid is C6H2(OH)3COOH. It is found both free and as part of hydrolyzable tannins. The gallic acid groups are usually bonded to form dimers such as ellagic acid. Hydrolyzable tannins break down on hydrolysis to give gallic acid and glucose or ellagic acid and glucose, known as gallotannins and ellagitannins, respectively.
    The Gallic Acid market revenue was xx Million USD in 2016, grew to xx Million USD in 2021, and will reach xx Million USD in 2026, with a CAGR of xx during 2021-2026.

    Considering the influence of COVID-19 on the global Gallic Acid market, this report analyzed the impact from both global and regional perspectives. From production end to consumption end in regions such as North America, Europe, China, and Japan, the report put emphasis on analysis of market under COVID-19 and corresponding response policy in different regions.

    This report also analyzes the strategies for different companies to deal with the impact of COVID-19 in detail to seek a path to recovery.

    Under COVID-19 Outbreak, how the Gallic Acid Industry will develop is also analyzed in detail in Chapter 1.8 of this report.

    Major Players in Gallic Acid market are:
    Wenzhou Ouhai Fine Chemicals Limited
    Xiangxi Gaoyuan Bio-technology Co.,Ltd
    Guangxi Wuming Tannin Extract Factory
    NanJing JingZhu
    Hunan Linong Technology and Trade Co., Ltd
    BEIYUAN
    Liupanshui Shenchi
    GALLOCHEM
    Jiurui Biology & Chemistry Co.,Ltd
    Wufeng Chicheng Biotech Co.,Ltd
    Zhushan County Tianxin
    Leshan Sanjiang Bio-tech Co., Ltd

    Most important types of Gallic Acid products covered in this report are:
    Industrial Grade
    Food Grade
    Pharmaceutical Grade
    Electronic Grade

    Most widely used downstream fields of Gallic Acid market covered in this report are:
    Antioxidants
    Biological Activity
    Medical Applications
    Others

    Major Region

    s or countries covered in this report:
    North America
    Europe
    China
    Japan
    Middle East and Africa
    South America
    India
    South Korea
    Southeast Asia
    Others

    In Chapter 3.4, the report provides analysis of the reasons behind price fluctuations.

    In chapters 5, 6, and 7, the impact of COVID-19 on the different regions in both production and consumption end and SWOT analysis are pointed out.

    In Chapters 8, the report presents company's recent development and strategies to deal with the impact of COVID-19.

    Years considered for this report:


    Historical Years:

    2016-2020

    Base Year:

    2020

    Estimated Year:

    2021

    Forecast Period:

    2021-2026

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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