Published by Uma Rajagopal
Posted on December 21, 2021
According to the latest report by IMARC Group, title “Muconic Acid Market Size: Global Industry Trends, Share, Growth, Opportunity and Forecast 2021-2026; the global muconic acid market reached a value of US$ 90.1 Million in 2020. Muconic acid, represented as COOH, refers to a chemical compound that occurs naturally and can also be sourced from sorbic acid. It is a dicarboxylic acid that includes two carboxylic functional groups. The derivatives of muconic acids, such as adipic acid and caprolactam, are utilized to produce various products, including PET, carpets, textiles, lubricants, plastics, etc. The bio-production of muconic acid is used in a platform to produce numerous consumer bioplastics, including polyurethane, nylon 66, polyethylene terephthalate, etc.
Request for a PDF sample of this report: https://www.imarcgroup.com/muconic-acid-market/requestsample
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.
The expanding textile industry, which is a significant end-user of muconic acid, is being driven by growing consumer spending, particularly in emerging economies. This, in turn, is bolstering the muconic acid market. In addition to this, the increasing utilization of muconic acid to produce plastics, including containers, bags, films, etc., is also augmenting the market growth. Moreover, the escalating demand for packaged products is expected to drive the global plastic packaging industry. Additionally, the rising need for lubricants in several end-use industries, including chemical, automobile, and manufacturing, is anticipated to fuel the muconic acid market in the coming years. Looking forward, IMARC Group expects the market to grow at a CAGR of 7.3% during 2021-2026.
Competitive Landscape with Key Players:
Key Market Segmentation:
Breakup by Derivative:
Breakup by Application:
Breakup by Region:
Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/muconic-acid-market
We are updating our reports, 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.
Key highlights of the report:
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Related Reports by IMARC Group:
Natural Killer Cells Therapeutics Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026
GCC Oral Hygiene Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026
Automotive connectors market Report: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026
Awning Market Price Trends: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026
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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: Sales@imarcgroup.com
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, title “Muconic Acid Market Size: Global Industry Trends, Share, Growth, Opportunity and Forecast 2021-2026; the global muconic acid market reached a value of US$ 90.1 Million in 2020. Muconic acid, represented as COOH, refers to a chemical compound that occurs naturally and can also be sourced from sorbic acid. It is a dicarboxylic acid that includes two carboxylic functional groups. The derivatives of muconic acids, such as adipic acid and caprolactam, are utilized to produce various products, including PET, carpets, textiles, lubricants, plastics, etc. The bio-production of muconic acid is used in a platform to produce numerous consumer bioplastics, including polyurethane, nylon 66, polyethylene terephthalate, etc.
Request for a PDF sample of this report: https://www.imarcgroup.com/muconic-acid-market/requestsample
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.
The expanding textile industry, which is a significant end-user of muconic acid, is being driven by growing consumer spending, particularly in emerging economies. This, in turn, is bolstering the muconic acid market. In addition to this, the increasing utilization of muconic acid to produce plastics, including containers, bags, films, etc., is also augmenting the market growth. Moreover, the escalating demand for packaged products is expected to drive the global plastic packaging industry. Additionally, the rising need for lubricants in several end-use industries, including chemical, automobile, and manufacturing, is anticipated to fuel the muconic acid market in the coming years. Looking forward, IMARC Group expects the market to grow at a CAGR of 7.3% during 2021-2026.
Competitive Landscape with Key Players:
Key Market Segmentation:
Breakup by Derivative:
Breakup by Application:
Breakup by Region:
Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/muconic-acid-market
We are updating our reports, 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.
Key highlights of the report:
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Related Reports by IMARC Group:
Natural Killer Cells Therapeutics Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026
GCC Oral Hygiene Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026
Automotive connectors market Report: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026
Awning Market Price Trends: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026
Medical Simulation Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026
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: Sales@imarcgroup.com
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
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