Picric Acid Market Size & Share, by Type (Dry, Wet); Grade (< 99%, > 99%); Applications (Explosives & Munitions, Chemical Intermediates, Antiseptics, Energetic Materials, Liquefied Gas Fuels, Thin Films, Power Generation); End-user (Defense, Agriculture, Textile, Mining, Pharmaceutical) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 4254
  • Published Date: Feb 23, 2023
  • Report Format: PDF, PPT

Companies Dominating the Picric Acid Landscape

    • Merck KGaA
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Odyssey Organics Pvt. Ltd.
    • Loba Chemie Pvt. Ltd.
    • RICCA Chemical Company
    • Aadhunik Industries Pvt. Ltd.
    • Indian Platinum Pvt. Ltd.
    • Otto Chemie Pvt. Ltd.
    • Parchem fine &Specialty Chemicals Inc.
    • Spectrum Laboratory Products, Inc.
    • Thermo Fisher Scientific

Browse Key Market Insights with Data Illustration:


In The News

  • Merck KGaA is in the process of acquiring the Korean-based chemical company, Mecaro Co. Ltd., for the global expansion of its electronics sector.

  • Parchem fine & specialty Chemicals Inc. received licensing from the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) to supply chemical raw materials for the manufacture of explosives, propellants, and blasting agents.

Author Credits:  Smruti Ranjan, Rajrani Baghel

  • Report ID: 4254
  • Published Date: Feb 23, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The use of picric acid in the textile industry, healthcare as well as in aerospace and defense industries are some of the major factors driving the growth of the picric acid market.

The market is anticipated to attain a CAGR of ~8% over the forecast period, i.e., 2023-2035.

The need for trained professionals in handling and storage and the possibility of poisoning when ingested are some of the challenges affecting the market growth.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are Merck KGaA, Odyssey Organics Pvt. Ltd., Loba Chemie Pvt. Ltd., RICCA Chemical Company, Aadhunik Industries Pvt. Ltd., Indian Platinum Pvt. Ltd., Otto Chemie Pvt. Ltd., Parchem fine &Specialty Chemicals Inc., Spectrum Laboratory Products, Inc., Thermo Fisher Scientific, and other key players.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by type, grade, applications, end-user, and by region.

The power generation segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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