| Product Code: ETC11431854 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Ireland saw a shift in the top countries exporting 2-hydroxypropanoic acid, with Netherlands, Belgium, Austria, Metropolitan France, and Germany leading the way. Despite a decrease in the concentration of import shipments compared to 2023, the market remained highly concentrated in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 was -1.24%, with a notable decline in the growth rate from 2023 to 2024 at -7.98%. This data suggests a challenging market environment for 2-hydroxypropanoic acid imports in Ireland, highlighting the need for strategic planning and market analysis.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Ireland 2 Hydroxypropanoic Acid Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland 2 Hydroxypropanoic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland 2 Hydroxypropanoic Acid Market - Industry Life Cycle |
3.4 Ireland 2 Hydroxypropanoic Acid Market - Porter's Five Forces |
3.5 Ireland 2 Hydroxypropanoic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Ireland 2 Hydroxypropanoic Acid Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
3.7 Ireland 2 Hydroxypropanoic Acid Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.8 Ireland 2 Hydroxypropanoic Acid Market Revenues & Volume Share, By Production Method, 2021 & 2031F |
4 Ireland 2 Hydroxypropanoic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable products |
4.2.2 Growing awareness about the benefits of 2 hydroxypropanoic acid in diverse applications |
4.2.3 Favorable government regulations promoting the use of bio-based chemicals |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs |
4.3.2 Limited availability of skilled labor and technical expertise in the production of 2 hydroxypropanoic acid |
5 Ireland 2 Hydroxypropanoic Acid Market Trends |
6 Ireland 2 Hydroxypropanoic Acid Market, By Types |
6.1 Ireland 2 Hydroxypropanoic Acid Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Ireland 2 Hydroxypropanoic Acid Market Revenues & Volume, By Application, 2021 - 2031F |
6.1.3 Ireland 2 Hydroxypropanoic Acid Market Revenues & Volume, By Bioplastics, 2021 - 2031F |
6.1.4 Ireland 2 Hydroxypropanoic Acid Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.1.5 Ireland 2 Hydroxypropanoic Acid Market Revenues & Volume, By Food & Beverage, 2021 - 2031F |
6.1.6 Ireland 2 Hydroxypropanoic Acid Market Revenues & Volume, By Pharmaceuticals, 2021 - 2031F |
6.1.7 Ireland 2 Hydroxypropanoic Acid Market Revenues & Volume, By Cosmetics, 2021 - 2031F |
6.2 Ireland 2 Hydroxypropanoic Acid Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 Ireland 2 Hydroxypropanoic Acid Market Revenues & Volume, By Packaging, 2021 - 2031F |
6.2.3 Ireland 2 Hydroxypropanoic Acid Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.3 Ireland 2 Hydroxypropanoic Acid Market, By Grade |
6.3.1 Overview and Analysis |
6.3.2 Ireland 2 Hydroxypropanoic Acid Market Revenues & Volume, By Food, 2021 - 2031F |
6.3.3 Ireland 2 Hydroxypropanoic Acid Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.3.4 Ireland 2 Hydroxypropanoic Acid Market Revenues & Volume, By Pharmaceutical, 2021 - 2031F |
6.4 Ireland 2 Hydroxypropanoic Acid Market, By Production Method |
6.4.1 Overview and Analysis |
6.4.2 Ireland 2 Hydroxypropanoic Acid Market Revenues & Volume, By Synthetic, 2021 - 2031F |
6.4.3 Ireland 2 Hydroxypropanoic Acid Market Revenues & Volume, By Fermentation, 2021 - 2031F |
7 Ireland 2 Hydroxypropanoic Acid Market Import-Export Trade Statistics |
7.1 Ireland 2 Hydroxypropanoic Acid Market Export to Major Countries |
7.2 Ireland 2 Hydroxypropanoic Acid Market Imports from Major Countries |
8 Ireland 2 Hydroxypropanoic Acid Market Key Performance Indicators |
8.1 Research and development investment in new applications of 2 hydroxypropanoic acid |
8.2 Adoption rate of 2 hydroxypropanoic acid in key industries |
8.3 Number of partnerships and collaborations for technology advancements in the production of 2 hydroxypropanoic acid |
9 Ireland 2 Hydroxypropanoic Acid Market - Opportunity Assessment |
9.1 Ireland 2 Hydroxypropanoic Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Ireland 2 Hydroxypropanoic Acid Market Opportunity Assessment, By End-Use, 2021 & 2031F |
9.3 Ireland 2 Hydroxypropanoic Acid Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.4 Ireland 2 Hydroxypropanoic Acid Market Opportunity Assessment, By Production Method, 2021 & 2031F |
10 Ireland 2 Hydroxypropanoic Acid Market - Competitive Landscape |
10.1 Ireland 2 Hydroxypropanoic Acid Market Revenue Share, By Companies, 2024 |
10.2 Ireland 2 Hydroxypropanoic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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