Skip to main content

Fumaric Acid Market - Demand, and End User Analysis to 2020

Increasing convenience food demand coupled with growing middle class per capita disposable income in Asia Pacific and Latin America is expected to drive the global fumaric acid market over the forecast period. The Global Fumaric Acid Market is expected to reach USD 764.8 million by 2020, according to a new study by Grand View Research, Inc.


Introduction of ethnic and exotic flavors by food & beverages manufacturers is also expected to prompt demand growth. Stringent environmental regulations in order to reduce greenhouse gases (GNG) emission is expected to remain a key challenge for market participants.

Food & beverages was the leading application segment and accounted for 34.3% of the total market volume in 2013. Fumaric acid is used as an acidulant in food & beverages owing to its properties such as micro-organisms growth controller, pH modifier and flavor enhancer. Food & beverages is also expected to witness the highest growth rate of 7.0% from 2014 to 2020.

To Know More About Fumaric Acid Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/fumaric-acid-market

Unsaturated polyester resins (UPR) are expected to witness moderate growth rate over the next six years. Increasing construction spending coupled with increase in automobile production particularly in China, India, Indonesia and Thailand is expected to augment fumaric acid demand for UPR.

Top Players of Fumaric Acid Market:

Global fumaric acid market is moderately concentrated fumaric acid with companies such as Prinova LLC, Bartek Ingredients, Polynt S.P.A and Prinova LLC being market leaders. Other key companies operating in the global market include Thirumalai Chemicals, Dastech International Inc., The Chemical Company and U.S. Chemicals LLC.

Market Segmentation of Fumaric Acid Market:

The Global Fumaric Acid Market segmented on the basis of Application and Region.

By Application:

    Food & Beverages
    Rosin Paper Sizes
    Unsaturated Polyester Resins (UPR)
    Alkyd Resins

By Region:

    North America
    Europe
    Asia Pacific
    Central & South America
    Middle East & Africa

Inquire about Fumaric Acid Market with Our Experts @ https://www.grandviewresearch.com/inquiry/1409

Comments

Popular posts from this blog

U.S. Liquid Waste Management Market Segments and Key Trend till 2025

Growing organic & non-hazardous liquid waste generation through residential and commercial sources is expected to drive demand over the forecast period. The U.S. Liquid Waste Management Market is expected to reach USD 22.5 Billion by 2025, according to a new report by Grand View Research, Inc. Industrial & residential liquid waste is often associated with water-borne diseases since improper disposal of the waste leads to water pollution, environmental degradation, and soil contamination. As a result, the demand for hygienic liquid waste management services is expected to grow significantly over the forecast period. A major trend arising from the need to improve liquid waste management is the outsourcing of the services to global & competitive players in order to improve the focus on sustainability and meet stringent guidelines. In addition, the government undertakes public-private partnership projects to enhance the efficiency of the waste management process, whi...

Triethylene Glycol (TEG) Market with Current Trends Analysis -2022

Increasing natural gas output is expected to be one of the key factors driving TEG demand over the forecast period. Rise in gas production is expected to have a two-fold impact on the TEG market providing abundant feedstock for TEG manufacture on the supply side and utilizing TEG for gas de-hydration on the demand side. Aforementioned factor is anticipated to augment market growth over the forecast period. The Global Triethylene Glycol (TEG) Market is expected to reach USD 718.3 million by 2022, according to a new study by Grand View Research, Inc. Use of TEG in natural gas dehydration accounted for over 55% of global TEG volume in 2014. The segment is also expected to witness fastest growth at an estimated CAGR of over 3.5% from 2015 to 2022. High consumption of TEG in natural gas dehydration can be attributed to growing demand from developed nations including Japan, U.S., EU, Russia and Qatar. Moreover, improving infrastructure for gas import, transport and utilization in ...

Specialty Ingredients Market Figures and Analytical Insights 2019 – 2022

Shift in consumer focus towards organic products coupled with growing demand for anti-ageing and environmental defense skin care products is expected to drive the global specialty ingredients market over the forecast period. The Global Specialty Ingredients Market is expected to reach USD 141.12 billion by 2022, according to a new report by Grand View Research, Inc. Increasing preference for healthy and nutritional diet and enhancing growth of high quality pharmaceutical drugs is also expected to have a positive influence on the market growth. Food and beverages dominated the global industry on account of high demand for various beverages, supplements and nutritional dietary products across the globe. Food & beverage industry is expected to experience advancement owing to increasing demand for organic items coupled with high-quality and customized requirements by population over the forecast period. Changing lifestyle has also enhanced preference for nutritional goods whic...