Glycine Market - Historical, Current and Projected Industry Size and Recent Industry Trends by 2015 - 2021

New York, NY -- (SBWIRE) -- 05/02/2016 -- Glycine is an organic compound and is known as the smallest of the 20 amino acids which are found in proteins. Glycine is industrially manufactured by the treatment of chloroacetic acid with ammonia. In developed economies such as the U.S., glycine is distributed primarily in two grades:technical and United States Pharmacopeia (USP), which is manufactured in major quantities for diversifying applications and also account for more than 80% of the U.S. market. Glycine is used in a wide range of applications such as personal care applications, pharmaceuticals, human and animal foods, chemical feedstock and research and development. Glycine is primarily manufactured in the U.S. by GEO Specialty Chemicals, Inc. and by Showa Denko KK in Japan. Both the manufacturers produce glycine through strecker amino acid synthesis. Other prominent manufacturers of glycine include Chattern Chemicals, Inc. which serves as a subsidiary to Sun Pharmaceutical, based in Mumbai, India. GEO Specialty Chemicals, Inc. bought the naphthalene sulfonate and glycine manufacturing facilities of Hampshite Chemical Corporation, which is a subsidiary of The Dow Chemical Company.
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