Pelargonic Acid Market Size, Growth & Trends 2034
The global Pelargonic Acid market is experiencing significant growth, propelled by increasing demand for bio-based products and sustainable agricultural practices. Below is a comprehensive analysis covering recent developments, market drivers, restraints, regional segmentation, emerging trends, top use cases, major challenges, and attractive opportunities. The global pelargonic acid market was valued at USD 193.2 million in 2023, growing at a CAGR of 7.2% from 2024 to 2033. The market is expected to reach USD 387.2 million by 2033. 📈 Recent Developments BASF's Launch of Luximo : In 2021, BASF introduced Luximo , a pelargonic acid-based herbicide designed to control a wide range of weeds in various crops, including cereals, oilseed rape, and vegetables. Oxiteno's OXITENOX® 18 : In 2020, Oxiteno launched OXITENOX® 18 , a pelargonic acid-based surfactant aimed at enhancing foaming and cleaning performance in personal car...