Muconic Acid

Global Muconic Acid Market to Reach US$180.5 Million by 2030

The global market for Muconic Acid estimated at US$129.9 Million in the year 2024, is expected to reach US$180.5 Million by 2030, growing at a CAGR of 5.6% over the analysis period 2024-2030. Adipic Acid, one of the segments analyzed in the report, is expected to record a 6.2% CAGR and reach US$105.7 Million by the end of the analysis period. Growth in the Caprolactam segment is estimated at 5.1% CAGR over the analysis period.

The U.S. Market is Estimated at US$33.9 Million While China is Forecast to Grow at 8.5% CAGR

The Muconic Acid market in the U.S. is estimated at US$33.9 Million in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$41.4 Million by the year 2030 trailing a CAGR of 8.5% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.8% and 5.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR.

Global Muconic Acid Market - Key Trends & Drivers Summarized

What Is Muconic Acid and How Is It Utilized in Various Industries?

Muconic acid is an organic compound that serves as a key intermediate in the manufacture of various commercially important chemicals. It is produced both naturally and synthetically and has applications in the production of plastics, resins, and textiles. Muconic acid is particularly valued for its role in the synthesis of adipic acid, a precursor to nylon, and terephthalic acid, used in polyester production. The versatility of muconic acid makes it a significant compound in the biochemical industry, where it is also being explored for use in biodegradable materials and as a component in pharmaceutical manufacturing.

How Are Biotechnological Advances Influencing Muconic Acid Production?

Biotechnological advances are significantly impacting the production of muconic acid, with research focused on developing biosynthetic pathways that can efficiently produce muconic acid from renewable resources. Genetic engineering and microbial fermentation are being utilized to optimize the production of muconic acid in an environmentally friendly and cost-effective manner. These methods not only help in reducing the reliance on petroleum-based chemicals but also align with global sustainability goals by minimizing environmental impact.

What Market Trends Are Shaping the Muconic Acid Industry?

The shift towards sustainable and eco-friendly products is a major market trend shaping the muconic acid industry. As consumers and regulatory bodies push for greener alternatives to traditional petrochemical-derived products, the demand for bio-based chemicals like muconic acid increases. This trend is particularly evident in industries such as textiles and plastics, where there is a growing preference for materials that are not only high in quality but also have a reduced environmental footprint. Additionally, advancements in industrial biotechnology that enable the cost-effective production of bio-based chemicals are influencing the market dynamics, increasing the competitiveness of muconic acid in various applications.

What Drives the Growth in the Muconic Acid Market?

The growth in the muconic acid market is driven by several factors. The rising demand for bio-based chemicals across various sectors, including plastics, textiles, and pharmaceuticals, is a significant driver. The ability of muconic acid to replace more environmentally damaging chemicals in many applications supports its adoption and market growth. Technological advancements that enhance the efficiency and yield of muconic acid production via biotechnological methods also contribute to market expansion. Moreover, increasing investments in research and development activities to discover new applications and improve existing processes further propel the growth of the muconic acid market, ensuring its ongoing relevance and expansion in the global chemicals industry.

SCOPE OF STUDY:

The report analyzes the Muconic Acid market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Derivative (Adipic Acid, Caprolactam, Other Derivatives); Application (Carpets & Textiles, Plastics, Lubricants, Other Applications)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 41 Featured) -

• Chemsky (shanghai) International Co.,Ltd
• LGC Standards
• Parchem Fine & Specialty Chemicals
• Santa Cruz Biotechnology, Inc.
• Selleck Chemicals
• SimSon Pharma Limited
• Sisco Research Laboratories Pvt. Ltd.
• TCI America
• Thermo Fisher Scientific Inc.
• Toronto Research Chemicals

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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