Merck KGaA, Tokyo Chemical Industry Co., Ltd., Santa Cruz Biotechnology, Inc., Haihang Industry Co., Ltd., and Anward, among others are the major players in the global anthracene market.
As per the analysis by Expert Market Research, the global anthracene market is being driven by the growth of the global market for coal tar from which it is primarily derived. The global coal tar market is expected to grow at a CAGR of 2% in the forecast period of 2022-2027.
The increasing demand for electronics is increasing the market growth of the anthracene industry. The rising demand for anthracene in the manufacture of pesticides, dyes, and plastics is helping the market growth tremendously. Anthracene has numerous applications in several industries such as coatings, textiles, electronic devices, and chemicals.
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The North America region is a major market for anthracene owing to the increasing research and development activities related to the product in the region. The heavy use of anthracene in sectors like textiles and chemicals is boosting the market growth in the Asia-Pacific region. Various developing economies like India and China are also expected to aid market growth in the forecast period.
Headquarters: Darmstadt, Germany
This is the world’s oldest and one of the largest pharmaceuticals and chemical companies. It is a science and technology company and has three business lines, namely, healthcare, life sciences, and performance materials. The healthcare line provides services for endocrinology, fertility, and oncology, while the life science line includes government research and diagnostics. An unaffiliated and unrelated company, Merck & Co., Inc., Kenilworth, NJ, United States holds the rights in the trademark MERCK in the United States and Canada.
Headquarters: Tokyo, Japan
The company specialises in the production of organic laboratory chemicals and pharmaceutical, functional and cosmetic materials. More than 70 years of synthesis experience and multi-purpose plants enable TCI to offer over 30,000 products, along with custom synthesis services.
Headquarters: Texas, United States
Santa Cruz deals with the production and development of biological products for medical research and is one of the largest producers of antibodies in the world. The company also produces chemicals, gene silencers, antibodies, and lab supplies. Santa Cruz Biotechnology provides a comfortable work environment that fosters collaborative relationships amongst goal-oriented professionals.
Headquarters: Shandong, China
The company specialises in the manufacture of chemical and cosmetic materials and mainly deals with the production, research and development, and sales. The company has also formed an international procurement team, which helps in the procurement of chemical engineering materials for international companies as well as helps foreign companies complete the procurement. Besides, it is also one of the Top 50 Enterprises in Jinan City.
Headquarters: Hong Kong
Anward deals with the manufacture and supply of a vast range of chemicals, catalysts, building blocks, and research chemicals. The company’s products and services are known for their superior quality and consistency and have a wide range of applications. The company’s product portfolio includes precious metal compounds and catalysts, organic and inorganic compounds, and analytical products.
Also Read@ Global Anthracene Market to Grow at a Healthy Rate During 2021-2026, Aided the Rising Adoption of the Product in Nuclear Reactor Sites
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.