Isatoic Acid Anhydride Market Expects to See Significant Growth During 2023-2032
The Isatoic Acid Anhydride market is a growing segment in the chemical industry, driven by its versatile applications and increasing demand across various end-use sectors. Isatoic acid anhydride, also known as 2,3-dioxo-1H-indene-1-carboxylic acid anhydride, is a white crystalline compound with the chemical formula C9H5NO3. It is primarily used as a building block in the synthesis of pharmaceuticals, dyes, and pigments. One of the major factors driving the Isatoic Acid Anhydride market is the rising demand for pharmaceutical products. Isatoic acid anhydride is a crucial intermediate in the production of several pharmaceutical compounds, including anti-inflammatory drugs, antimicrobial agents, and anticancer medications. The growing global population and increasing healthcare expenditure are contributing to the expansion of the pharmaceutical industry, thereby boosting the demand for Isatoic Acid Anhydride. Moreover, Isatoic Acid Anhydride finds significant application in the...