The organic chemical compound, gallic acid is a well-known naturally occurring antioxidant that are a secondary type of polyphenolic metabolite. Besides, the natural origin of gallic acid, a large number of synthesized gallic acid are also available. Gallic acid is the most popular trihydroxybenzoic acid, and a type of phenolic acid and has found in several plants such as gallnuts, witch hazel, tea leaves, oak bark, sumac, and other plants.
Gallic acid is a colorless crystalline powder occurs as a free molecule or as a part of tannin molecule. Gallic acid is used as a synthetic intermediate in the manufacturing of pyrogallols and gallic acid esters. Furthermore, gallic acid has diverse range of industrial uses across the various end-use industries such as pharmaceutical, cosmetics, food and feed, ink and dye, and paper industry among others.
In the pharmaceutical industry, gallic acid is used to prepare trimethoprim sulfamethoxazole (TMP), synthesis of trimethoprim, sleep disordered breathing (SDB), and other sulfonamides.
Moreover, the various other application of the gallic acid is to manufacture dyes for hair and leather products, and increasing use of gallic acid in the food industry because of its anti-carcinogenic, anti-microbial, and anti-mutagenic properties. In the food industry, gallic acid is used as an additive to formulate preservative propyl gallate.
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Global Gallic Acid Market: Dynamics
The gallic acid market is expected to register a healthy growth rate during the forecast period. The key drivers for future market growth of gallic acid are going to be increasing demand from various end-use industries such as pharmaceutical, food, cosmetic, and inks & dyes industry. The growing levels of health-consciousness in humans across the globe for a healthy life and a healthy diet are enhancing healthy eating habits across the globe.
Owing to the several natural properties in the gallic acid such as anti-microbial, and antifungal & antibacterial, among others are increasing the demand for gallic acid containing food. Moreover, application of the gallic acid to prevent and treating cardiovascular diseases and cancer, and it is also used to computing the phenol content in the various industries especially in the food and pharmaceutical industry.
Such factors are projected to lay a strong base for gallic acid market growth in the upcoming years. However, the presence of alternatives of the gallic acid is expected to hampering the market growth during the forecast period.
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Global Gallic Acid Market: Market Participants
Some of the key market players involved in the Gallic Acid market are:
- Hubei Tianxin Biotech Co., Ltd
- Gallochem Co., Ltd.
- Zunyi City Bei Yuan Chemical Co.,Ltd.
- Xiangxi Gaoyuan Biotechnology Co., Ltd.
- JPN Pharma Pvt Ltd.
- Wego chemical Group
- CDH Fine Chemicals
- TCI Chemicals
- Merck KGaA
- Haihang Industry Co., Ltd.
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