Posted By Uma Rajagopal
Posted on November 24, 2021
According to the latest report by IMARC Group, the global fumaric acid market size reached US$ 660.9 Million in 2020. Looking forward, the market expects to exhibit moderate growth during 2021-2026.
Fumaric acid, or trans-butanediol acid, is a chemical compound that appears as a colorless crystalline solid. It has a fruit-like taste and is produced by the synthesis of petroleum-based chemicals. Fumaric acid helps in generating energy from food in the form of adenosine triphosphate (ATP). It is the primary intermediate in the tricarboxylic acid cycle involved in organic acid biosynthesis in living beings.
Request for a free sample copy of this report: https://www.imarcgroup.com/fumaric-acid-market/requestsample
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends:
The global fumaric acid market is primarily driven by its increasing applications in various industries. The rising demand for processed food and ready-to-drink beverages has escalated its demand as fumaric acid acts as an acidulant, preservative, pH adjusting agents and flavor enhancer in the food and beverage industry. In the plastic industry, fumaric acid is employed to manufacture unsaturated polyester resin and alkyd resins, which are used in the building and construction industry. Besides this, with the rising health consciousness, more individuals are becoming incline toward health drinks and nutritional bars containing fumaric acid. Furthermore, several manufacturers have introduced bio-based fumaric acidto develop new processes based on renewable sources. These factors are expected to provide a positive outlook to the market in the coming years.
Breakup by Application:
- Food Additives
- Rosin-Sized Sheathing Paper
- Unsaturated Polyester Resins
- Alkyd Resins
- Others
Breakup by End-Use:
- Food and Beverages Industry
- Cosmetics Industry
- Pharmaceutical Industry
- Chemical Industry
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- Bartek Ingredients Inc.
- Dastech International
- Fuso Chemical Co., Ltd.
- Polynt
- Prinova Group
- Changzhou Yabang Chemical Co. Ltd.
- Nippon Shokubai
- The Chemical Company
- Thirumalai Chemicals
- U.S. Chemicals
- Wego Chemical Group
- Huntsman Corporation.
Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/fumaric-acid-market
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: [email protected]
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
According to the latest report by IMARC Group, the global fumaric acid market size reached US$ 660.9 Million in 2020. Looking forward, the market expects to exhibit moderate growth during 2021-2026.
Fumaric acid, or trans-butanediol acid, is a chemical compound that appears as a colorless crystalline solid. It has a fruit-like taste and is produced by the synthesis of petroleum-based chemicals. Fumaric acid helps in generating energy from food in the form of adenosine triphosphate (ATP). It is the primary intermediate in the tricarboxylic acid cycle involved in organic acid biosynthesis in living beings.
Request for a free sample copy of this report: https://www.imarcgroup.com/fumaric-acid-market/requestsample
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends:
The global fumaric acid market is primarily driven by its increasing applications in various industries. The rising demand for processed food and ready-to-drink beverages has escalated its demand as fumaric acid acts as an acidulant, preservative, pH adjusting agents and flavor enhancer in the food and beverage industry. In the plastic industry, fumaric acid is employed to manufacture unsaturated polyester resin and alkyd resins, which are used in the building and construction industry. Besides this, with the rising health consciousness, more individuals are becoming incline toward health drinks and nutritional bars containing fumaric acid. Furthermore, several manufacturers have introduced bio-based fumaric acidto develop new processes based on renewable sources. These factors are expected to provide a positive outlook to the market in the coming years.
Breakup by Application:
- Food Additives
- Rosin-Sized Sheathing Paper
- Unsaturated Polyester Resins
- Alkyd Resins
- Others
Breakup by End-Use:
- Food and Beverages Industry
- Cosmetics Industry
- Pharmaceutical Industry
- Chemical Industry
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- Bartek Ingredients Inc.
- Dastech International
- Fuso Chemical Co., Ltd.
- Polynt
- Prinova Group
- Changzhou Yabang Chemical Co. Ltd.
- Nippon Shokubai
- The Chemical Company
- Thirumalai Chemicals
- U.S. Chemicals
- Wego Chemical Group
- Huntsman Corporation.
Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/fumaric-acid-market
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Related Reports
polyimide film market: https://www.imarcgroup.com/polyimide-film-market
urinary incontinence devices market: https://www.imarcgroup.com/urinary-incontinence-devices-market
context aware computing market: https://www.imarcgroup.com/context-aware-computing-market
oscilloscope market: https://www.imarcgroup.com/oscilloscope-market
polyols market: https://www.imarcgroup.com/polyols-market
3d metrology market: https://www.imarcgroup.com/3d-metrology-market
blood culture test market: https://www.imarcgroup.com/blood-culture-test-market
supercapacitor market: https://www.imarcgroup.com/supercapacitor-market
united states industrial gases market: https://www.imarcgroup.com/industrial-gases-market
cryogenic equipment market: https://www.imarcgroup.com/cryogenic-equipment-market
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: [email protected]
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
