Global Azelaic Acid Market Growth 2023-2029

Azelaic acid is a crystalline, opaque-white solid, soluble in hot water, alcohols, diethyl ether, and other polar solvents. The two carboxyl groups of azelaic acid limit its solubility in nonpolar solvents such as naphtha or carbon tetrachloride.

It is a 9-carbon, straight chain, saturated, dibasic acid mainly produced commercially by the ozone oxidation of oleic acid. It is chemical raw material used in the production of plastics, lubricants, electronics, pharmaceuticals & cosmetics, etc.

LPI (LP Information)' newest research report, the “Azelaic Acid Industry Forecast” looks at past sales and reviews total world Azelaic Acid sales in 2022, providing a comprehensive analysis by region and market sector of projected Azelaic Acid sales for 2023 through 2029. With Azelaic Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Azelaic Acid industry.

This Insight Report provides a comprehensive analysis of the global Azelaic Acid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Azelaic Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Azelaic Acid market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Azelaic Acid and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Azelaic Acid.

The global Azelaic Acid market size is projected to grow from US$ 177310 million in 2022 to US$ 293570 million in 2029; it is expected to grow at a CAGR of 293570 from 2023 to 2029.

Global Azelaic Acid key players include Emery Oleochemicals, Croda Sipo, Matrica SpA, Ninghai Zhonglong, etc. Global top four manufacturers hold a share about 95%.

North America is the largest market, with a share about 40%, followed by Asia-Pacific, and Europe, both have a share about 55 percent. 
In terms of product, Industrial Grade is the largest segment, with a share nearly 90%. And in terms of application, the largest application is Plastics, followed by Lubricants, Wearable DevicesElectronics, Pharmaceuticals and Cosmetics, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Azelaic Acid market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Industrial Grade
    Pharmaceutical Grade
    GMP Pharmaceutical Grade

Segmentation by application
    Plastics
    Lubricants
    Electronics
    Pharmaceuticals and Cosmetics
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Emery Oleochemicals
    Matrica SpA
    BASF
    Croda Sipo
    Ninghai Zhonglong
    Jiangsu Senxuan
    Nantong Hengxing Electronic Materials
    Shandong Clearwill
    Hubei Tuochu

Key Questions Addressed in this Report
What is the 10-year outlook for the global Azelaic Acid market?
What factors are driving Azelaic Acid market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Azelaic Acid market opportunities vary by end market size?
How does Azelaic Acid break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

List of Tables
    Table 1. Azelaic Acid Annual Sales CAGR by Geographic Region (2018, 2022 & 2029) & ($ millions)
    Table 2. Azelaic Acid Annual Sales CAGR by Country/Region (2018, 2022 & 2029) & ($ millions)
    Table 3. Major Players of Industrial Grade
    Table 4. Major Players of Pharmaceutical Grade
    Table 5. Major Players of GMP Pharmaceutical Grade
    Table 6. Global Azelaic Acid Sales by Type (2018-2023) & (MT)
    Table 7. Global Azelaic Acid Sales Market Share by Type (2018-2023)
    Table 8. Global Azelaic Acid Revenue by Type (2018-2023) & ($ million)
    Table 9. Global Azelaic Acid Revenue Market Share by Type (2018-2023)
    Table 10. Global Azelaic Acid Sale Price by Type (2018-2023) & (K USD/MT)
    Table 11. Global Azelaic Acid Sales by Application (2018-2023) & (MT)
    Table 12. Global Azelaic Acid Sales Market Share by Application (2018-2023)
    Table 13. Global Azelaic Acid Revenue by Application (2018-2023)
    Table 14. Global Azelaic Acid Revenue Market Share by Application (2018-2023)
    Table 15. Global Azelaic Acid Sale Price by Application (2018-2023) & (K USD/MT)
    Table 16. Global Azelaic Acid Sales by Company (2018-2023) & (MT)
    Table 17. Global Azelaic Acid Sales Market Share by Company (2018-2023)
    Table 18. Global Azelaic Acid Revenue by Company (2018-2023) ($ Millions)
    Table 19. Global Azelaic Acid Revenue Market Share by Company (2018-2023)
    Table 20. Global Azelaic Acid Sale Price by Company (2018-2023) & (K USD/MT)
    Table 21. Key Manufacturers Azelaic Acid Producing Area Distribution and Sales Area
    Table 22. Players Azelaic Acid Products Offered
    Table 23. Azelaic Acid Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
    Table 24. New Products and Potential Entrants
    Table 25. Mergers & Acquisitions, Expansion
    Table 26. Global Azelaic Acid Sales by Geographic Region (2018-2023) & (MT)
    Table 27. Global Azelaic Acid Sales Market Share Geographic Region (2018-2023)
    Table 28. Global Azelaic Acid Revenue by Geographic Region (2018-2023) & ($ millions)
    Table 29. Global Azelaic Acid Revenue Market Share by Geographic Region (2018-2023)
    Table 30. Global Azelaic Acid Sales by Country/Region (2018-2023) & (MT)
    Table 31. Global Azelaic Acid Sales Market Share by Country/Region (2018-2023)
    Table 32. Global Azelaic Acid Revenue by Country/Region (2018-2023) & ($ millions)
    Table 33. Global Azelaic Acid Revenue Market Share by Country/Region (2018-2023)
    Table 34. Americas Azelaic Acid Sales by Country (2018-2023) & (MT)
    Table 35. Americas Azelaic Acid Sales Market Share by Country (2018-2023)
    Table 36. Americas Azelaic Acid Revenue by Country (2018-2023) & ($ Millions)
    Table 37. Americas Azelaic Acid Revenue Market Share by Country (2018-2023)
    Table 38. Americas Azelaic Acid Sales by Type (2018-2023) & (MT)
    Table 39. Americas Azelaic Acid Sales by Application (2018-2023) & (MT)
    Table 40. APAC Azelaic Acid Sales by Region (2018-2023) & (MT)
    Table 41. APAC Azelaic Acid Sales Market Share by Region (2018-2023)
    Table 42. APAC Azelaic Acid Revenue by Region (2018-2023) & ($ Millions)
    Table 43. APAC Azelaic Acid Revenue Market Share by Region (2018-2023)
    Table 44. APAC Azelaic Acid Sales by Type (2018-2023) & (MT)
    Table 45. APAC Azelaic Acid Sales by Application (2018-2023) & (MT)
    Table 46. Europe Azelaic Acid Sales by Country (2018-2023) & (MT)
    Table 47. Europe Azelaic Acid Sales Market Share by Country (2018-2023)
    Table 48. Europe Azelaic Acid Revenue by Country (2018-2023) & ($ Millions)
    Table 49. Europe Azelaic Acid Revenue Market Share by Country (2018-2023)
    Table 50. Europe Azelaic Acid Sales by Type (2018-2023) & (MT)
    Table 51. Europe Azelaic Acid Sales by Application (2018-2023) & (MT)
    Table 52. Middle East & Africa Azelaic Acid Sales by Country (2018-2023) & (MT)
    Table 53. Middle East & Africa Azelaic Acid Sales Market Share by Country (2018-2023)
    Table 54. Middle East & Africa Azelaic Acid Revenue by Country (2018-2023) & ($ Millions)
    Table 55. Middle East & Africa Azelaic Acid Revenue Market Share by Country (2018-2023)
    Table 56. Middle East & Africa Azelaic Acid Sales by Type (2018-2023) & (MT)
    Table 57. Middle East & Africa Azelaic Acid Sales by Application (2018-2023) & (MT)
    Table 58. Key Market Drivers & Growth Opportunities of Azelaic Acid
    Table 59. Key Market Challenges & Risks of Azelaic Acid
    Table 60. Key Industry Trends of Azelaic Acid
    Table 61. Azelaic Acid Raw Material
    Table 62. Key Suppliers of Raw Materials
    Table 63. Azelaic Acid Distributors List
    Table 64. Azelaic Acid Customer List
    Table 65. Global Azelaic Acid Sales Forecast by Region (2024-2029) & (MT)
    Table 66. Global Azelaic Acid Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 67. Americas Azelaic Acid Sales Forecast by Country (2024-2029) & (MT)
    Table 68. Americas Azelaic Acid Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 69. APAC Azelaic Acid Sales Forecast by Region (2024-2029) & (MT)
    Table 70. APAC Azelaic Acid Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 71. Europe Azelaic Acid Sales Forecast by Country (2024-2029) & (MT)
    Table 72. Europe Azelaic Acid Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 73. Middle East & Africa Azelaic Acid Sales Forecast by Country (2024-2029) & (MT)
    Table 74. Middle East & Africa Azelaic Acid Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 75. Global Azelaic Acid Sales Forecast by Type (2024-2029) & (MT)
    Table 76. Global Azelaic Acid Revenue Forecast by Type (2024-2029) & ($ Millions)
    Table 77. Global Azelaic Acid Sales Forecast by Application (2024-2029) & (MT)
    Table 78. Global Azelaic Acid Revenue Forecast by Application (2024-2029) & ($ Millions)
    Table 79. Emery Oleochemicals Basic Information, Azelaic Acid Manufacturing Base, Sales Area and Its Competitors
    Table 80. Emery Oleochemicals Azelaic Acid Product Portfolios and Specifications
    Table 81. Emery Oleochemicals Azelaic Acid Sales (MT), Revenue ($ Million), Price (K USD/MT) and Gross Margin (2018-2023)
    Table 82. Emery Oleochemicals Main Business
    Table 83. Emery Oleochemicals Latest Developments
    Table 84. Matrica SpA Basic Information, Azelaic Acid Manufacturing Base, Sales Area and Its Competitors
    Table 85. Matrica SpA Azelaic Acid Product Portfolios and Specifications
    Table 86. Matrica SpA Azelaic Acid Sales (MT), Revenue ($ Million), Price (K USD/MT) and Gross Margin (2018-2023)
    Table 87. Matrica SpA Main Business
    Table 88. Matrica SpA Latest Developments
    Table 89. BASF Basic Information, Azelaic Acid Manufacturing Base, Sales Area and Its Competitors
    Table 90. BASF Azelaic Acid Product Portfolios and Specifications
    Table 91. BASF Azelaic Acid Sales (MT), Revenue ($ Million), Price (K USD/MT) and Gross Margin (2018-2023)
    Table 92. BASF Main Business
    Table 93. BASF Latest Developments
    Table 94. Croda Sipo Basic Information, Azelaic Acid Manufacturing Base, Sales Area and Its Competitors
    Table 95. Croda Sipo Azelaic Acid Product Portfolios and Specifications
    Table 96. Croda Sipo Azelaic Acid Sales (MT), Revenue ($ Million), Price (K USD/MT) and Gross Margin (2018-2023)
    Table 97. Croda Sipo Main Business
    Table 98. Croda Sipo Latest Developments
    Table 99. Ninghai Zhonglong Basic Information, Azelaic Acid Manufacturing Base, Sales Area and Its Competitors
    Table 100. Ninghai Zhonglong Azelaic Acid Product Portfolios and Specifications
    Table 101. Ninghai Zhonglong Azelaic Acid Sales (MT), Revenue ($ Million), Price (K USD/MT) and Gross Margin (2018-2023)
    Table 102. Ninghai Zhonglong Main Business
    Table 103. Ninghai Zhonglong Latest Developments
    Table 104. Jiangsu Senxuan Basic Information, Azelaic Acid Manufacturing Base, Sales Area and Its Competitors
    Table 105. Jiangsu Senxuan Azelaic Acid Product Portfolios and Specifications
    Table 106. Jiangsu Senxuan Azelaic Acid Sales (MT), Revenue ($ Million), Price (K USD/MT) and Gross Margin (2018-2023)
    Table 107. Jiangsu Senxuan Main Business
    Table 108. Jiangsu Senxuan Latest Developments
    Table 109. Nantong Hengxing Electronic Materials Basic Information, Azelaic Acid Manufacturing Base, Sales Area and Its Competitors
    Table 110. Nantong Hengxing Electronic Materials Azelaic Acid Product Portfolios and Specifications
    Table 111. Nantong Hengxing Electronic Materials Azelaic Acid Sales (MT), Revenue ($ Million), Price (K USD/MT) and Gross Margin (2018-2023)
    Table 112. Nantong Hengxing Electronic Materials Main Business
    Table 113. Nantong Hengxing Electronic Materials Latest Developments
    Table 114. Shandong Clearwill Basic Information, Azelaic Acid Manufacturing Base, Sales Area and Its Competitors
    Table 115. Shandong Clearwill Azelaic Acid Product Portfolios and Specifications
    Table 116. Shandong Clearwill Azelaic Acid Sales (MT), Revenue ($ Million), Price (K USD/MT) and Gross Margin (2018-2023)
    Table 117. Shandong Clearwill Main Business
    Table 118. Shandong Clearwill Latest Developments
    Table 119. Hubei Tuochu Basic Information, Azelaic Acid Manufacturing Base, Sales Area and Its Competitors
    Table 120. Hubei Tuochu Azelaic Acid Product Portfolios and Specifications
    Table 121. Hubei Tuochu Azelaic Acid Sales (MT), Revenue ($ Million), Price (K USD/MT) and Gross Margin (2018-2023)
    Table 122. Hubei Tuochu Main Business
    Table 123. Hubei Tuochu Latest Developments
List of Figures
    Figure 1. Picture of Azelaic Acid
    Figure 2. Azelaic Acid Report Years Considered
    Figure 3. Research Objectives
    Figure 4. Research Methodology
    Figure 5. Research Process and Data Source
    Figure 6. Global Azelaic Acid Sales Growth Rate 2018-2029 (MT)
    Figure 7. Global Azelaic Acid Revenue Growth Rate 2018-2029 ($ Millions)
    Figure 8. Azelaic Acid Sales by Region (2018, 2022 & 2029) & ($ Millions)
    Figure 9. Product Picture of Industrial Grade
    Figure 10. Product Picture of Pharmaceutical Grade
    Figure 11. Product Picture of GMP Pharmaceutical Grade
    Figure 12. Global Azelaic Acid Sales Market Share by Type in 2022
    Figure 13. Global Azelaic Acid Revenue Market Share by Type (2018-2023)
    Figure 14. Azelaic Acid Consumed in Plastics
    Figure 15. Global Azelaic Acid Market: Plastics (2018-2023) & (MT)
    Figure 16. Azelaic Acid Consumed in Lubricants
    Figure 17. Global Azelaic Acid Market: Lubricants (2018-2023) & (MT)
    Figure 18. Azelaic Acid Consumed in Electronics
    Figure 19. Global Azelaic Acid Market: Electronics (2018-2023) & (MT)
    Figure 20. Azelaic Acid Consumed in Pharmaceuticals and Cosmetics
    Figure 21. Global Azelaic Acid Market: Pharmaceuticals and Cosmetics (2018-2023) & (MT)
    Figure 22. Azelaic Acid Consumed in Others
    Figure 23. Global Azelaic Acid Market: Others (2018-2023) & (MT)
    Figure 24. Global Azelaic Acid Sales Market Share by Application (2022)
    Figure 25. Global Azelaic Acid Revenue Market Share by Application in 2022
    Figure 26. Azelaic Acid Sales Market by Company in 2022 (MT)
    Figure 27. Global Azelaic Acid Sales Market Share by Company in 2022
    Figure 28. Azelaic Acid Revenue Market by Company in 2022 ($ Million)
    Figure 29. Global Azelaic Acid Revenue Market Share by Company in 2022
    Figure 30. Global Azelaic Acid Sales Market Share by Geographic Region (2018-2023)
    Figure 31. Global Azelaic Acid Revenue Market Share by Geographic Region in 2022
    Figure 32. Americas Azelaic Acid Sales 2018-2023 (MT)
    Figure 33. Americas Azelaic Acid Revenue 2018-2023 ($ Millions)
    Figure 34. APAC Azelaic Acid Sales 2018-2023 (MT)
    Figure 35. APAC Azelaic Acid Revenue 2018-2023 ($ Millions)
    Figure 36. Europe Azelaic Acid Sales 2018-2023 (MT)
    Figure 37. Europe Azelaic Acid Revenue 2018-2023 ($ Millions)
    Figure 38. Middle East & Africa Azelaic Acid Sales 2018-2023 (MT)
    Figure 39. Middle East & Africa Azelaic Acid Revenue 2018-2023 ($ Millions)
    Figure 40. Americas Azelaic Acid Sales Market Share by Country in 2022
    Figure 41. Americas Azelaic Acid Revenue Market Share by Country in 2022
    Figure 42. Americas Azelaic Acid Sales Market Share by Type (2018-2023)
    Figure 43. Americas Azelaic Acid Sales Market Share by Application (2018-2023)
    Figure 44. United States Azelaic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 45. Canada Azelaic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 46. Mexico Azelaic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 47. Brazil Azelaic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 48. APAC Azelaic Acid Sales Market Share by Region in 2022
    Figure 49. APAC Azelaic Acid Revenue Market Share by Regions in 2022
    Figure 50. APAC Azelaic Acid Sales Market Share by Type (2018-2023)
    Figure 51. APAC Azelaic Acid Sales Market Share by Application (2018-2023)
    Figure 52. China Azelaic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 53. Japan Azelaic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 54. South Korea Azelaic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 55. Southeast Asia Azelaic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 56. India Azelaic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 57. Australia Azelaic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 58. China Taiwan Azelaic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 59. Europe Azelaic Acid Sales Market Share by Country in 2022
    Figure 60. Europe Azelaic Acid Revenue Market Share by Country in 2022
    Figure 61. Europe Azelaic Acid Sales Market Share by Type (2018-2023)
    Figure 62. Europe Azelaic Acid Sales Market Share by Application (2018-2023)
    Figure 63. Germany Azelaic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 64. France Azelaic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 65. UK Azelaic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 66. Italy Azelaic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 67. Russia Azelaic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 68. Middle East & Africa Azelaic Acid Sales Market Share by Country in 2022
    Figure 69. Middle East & Africa Azelaic Acid Revenue Market Share by Country in 2022
    Figure 70. Middle East & Africa Azelaic Acid Sales Market Share by Type (2018-2023)
    Figure 71. Middle East & Africa Azelaic Acid Sales Market Share by Application (2018-2023)
    Figure 72. Egypt Azelaic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 73. South Africa Azelaic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 74. Israel Azelaic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 75. Turkey Azelaic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 76. GCC Country Azelaic Acid Revenue Growth 2018-2023 ($ Millions)
    Figure 77. Manufacturing Cost Structure Analysis of Azelaic Acid in 2022
    Figure 78. Manufacturing Process Analysis of Azelaic Acid
    Figure 79. Industry Chain Structure of Azelaic Acid
    Figure 80. Channels of Distribution
    Figure 81. Global Azelaic Acid Sales Market Forecast by Region (2024-2029)
    Figure 82. Global Azelaic Acid Revenue Market Share Forecast by Region (2024-2029)
    Figure 83. Global Azelaic Acid Sales Market Share Forecast by Type (2024-2029)
    Figure 84. Global Azelaic Acid Revenue Market Share Forecast by Type (2024-2029)
    Figure 85. Global Azelaic Acid Sales Market Share Forecast by Application (2024-2029)
    Figure 86. Global Azelaic Acid Revenue Market Share Forecast by Application (2024-2029)

Emery Oleochemicals
Matrica SpA
BASF
Croda Sipo
Ninghai Zhonglong
Jiangsu Senxuan
Nantong Hengxing Electronic Materials
Shandong Clearwill
Hubei Tuochu

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape