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Piperic Acid Market - Global Industry Expert Opinions Analysis, Emerging Opportunities, Market Size, Share, Growth Drivers, Market Trends, Statistics And Forecast 2015 - 2020

Report Description

Piperic acid is extracted from black pepper seeds. Piperic acid is obtained by carrying out hydrolysis of alkaloid piperine. Piperic acid is an essential intermediate used for the synthesis of compounds such as piperonal. It is also widely used to produce flavorants, perfumes, drugs, fragrances and other useful compounds. Piperic acid and piperine are also widely considered as an effective antimicrobial agent along with a natural antioxidant. Piperic acid is also prepared from the commercially available alkaloid piperine which is a cyclic amide that contains piperidine group.

The growing cosmetic industry is expected to be the major driver for the overall piperic market. The U.S is the one of the largest cosmetic market and is expected to further boost the demand of piperic acid in this sector. Changing lifestyles and growing economies is further expected to drive the growth of the market. Piperic acid is widely used in perfume industry. Brazil is one of the largest consumers of piperic acid owing to some of the major cosmetic industries in this region. Asia Pacific is expected to be the next major consumer of piperic acid in the coming years owing to the growing cosmetic market in China and India. The growing population and increasing purchasing power in the developing nations is further expected to fuel the cosmetic market, which in turn is expected to augment the demand for piperic acid. Middle East is expected to be the emerging market for cosmetic industry in the next few years and thus is expected to be the future opportunity for the overall piperic acid market growth.

Triveni Interchem Pvt. Ltd., Leancare Ltd. and Zibo Pan Xin Chemicals Co., Ltd. are some of the companies that manufacture piperic acid.

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