Global Fumaric Acid Market 2023-2027

Global Fumaric Acid Market 2023-2027

Technavio has been monitoring the fumaric acid market and is forecast to grow by $308.14 mn during 2022-2027, accelerating at a CAGR of 6.2% during the forecast period. Our report on the fumaric acid market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by introduction of ethnic and innovative flavors, rising consumption of unsaturated polyester resins (uprs) in the construction industry, and versatile nature of fumaric acid.

Technavio's fumaric acid market is segmented as below:

By Type

  • Fermentation
  • Maelic anhydride
  • Fumaria officinails
By Application
  • Food and beverages
  • Unsaturated polyester resins
  • Rosin paper sizes
  • Alkyd resins
  • Others
By Geography
  • APAC
  • North America
  • Europe
  • South America
  • Middle East and Africa
This study identifies the increased consumption of organic food additives as one of the prime reasons driving the fumaric acid market growth during the next few years. Also, increase in disposable income among middle class and growing preference for convenience food and beverages will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the fumaric acid market covers the following areas:
  • Fumaric acid market sizing
  • Fumaric acid market forecast
  • Fumaric acid market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading fumaric acid market vendors that include Actylis, Agarwal Life Sciences Pvt. Ltd., Anmol Chemicals Group, Bartek Ingredients Inc., Central Drug House Pvt. Ltd., Changmao Biochemical Engineering Co. Ltd., Changzhou Yabang Chemical Co. Ltd., Dastech International Inc., Fuso Chemical Co. Ltd., Henan GP Chemicals Co. Ltd., Joshi Agrochem Pharma Pvt. Ltd., Merck KGaA, Nippon Shokubai Co. Ltd., Paari Chem Resources Pvt. Ltd., Polynt Spa, RXChemicals, SIP Chemical Industries, The Chemical Co., UPC Technology Corp., and XST Biological Co. Ltd. Also, the fumaric acid market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary - Chart on Market Overview
      • Table Executive Summary - Data Table on Market Overview
      • Table Executive Summary - Chart on Global Market Characteristics
      • Table Executive Summary - Chart on Market by Geography
      • Table Executive Summary - Chart on Market Segmentation by Type
      • Table Executive Summary - Chart on Market Segmentation by Application
      • Table Executive Summary - Chart on Incremental Growth
      • Table Executive Summary - Data Table on Incremental Growth
      • Table Executive Summary - Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2022
    • Market outlook: Forecast for 2022-2027
      • Table Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Table Data Table on Global Market: Year-over-year growth 2022-2027 (%)
  • Historic Market Size
    • Global fumaric acid market 2017 - 2021
      • Table Historic Market Size - Data table on global fumaric acid market 2017 - 2021 ($ million)
    • Type Segment Analysis 2017 - 2021
      • Table Historic Market Size - Type Segment 2017 - 2021 ($ million)
    • Application Segment Analysis 2017 - 2021
      • Table Historic Market Size - Application Segment 2017 - 2021 ($ million)
    • Geography Segment Analysis 2017 - 2021
      • Table Historic Market Size - Geography Segment 2017 - 2021 ($ million)
    • Country Segment Analysis 2017 - 2021
      • Table Historic Market Size - Country Segment 2017 - 2021 ($ million)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2022 and 2027
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers - Impact of key factors in 2022 and 2027
    • Threat of new entrants
      • Table Threat of new entrants - Impact of key factors in 2022 and 2027
    • Threat of substitutes
      • Table Threat of substitutes - Impact of key factors in 2022 and 2027
    • Threat of rivalry
      • Table Threat of rivalry - Impact of key factors in 2022 and 2027
    • Market condition
      • Table Chart on Market condition - Five forces 2022 and 2027
  • Market Segmentation by Type
    • Market segments
      • Table Chart on Type - Market share 2022-2027 (%)
      • Table Data Table on Type - Market share 2022-2027 (%)
    • Comparison by Type
      • Table Chart on Comparison by Type
      • Table Data Table on Comparison by Type
    • Fermentation - Market size and forecast 2022-2027
      • Table Chart on Fermentation - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Fermentation - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Fermentation - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Fermentation - Year-over-year growth 2022-2027 (%)
    • Maelic anhydride - Market size and forecast 2022-2027
      • Table Chart on Maelic anhydride - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Maelic anhydride - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Maelic anhydride - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Maelic anhydride - Year-over-year growth 2022-2027 (%)
    • Fumaria officinails - Market size and forecast 2022-2027
      • Table Chart on Fumaria officinails - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Fumaria officinails - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Fumaria officinails - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Fumaria officinails - Year-over-year growth 2022-2027 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type ($ million)
  • Market Segmentation by Application
    • Market segments
      • Table Chart on Application - Market share 2022-2027 (%)
      • Table Data Table on Application - Market share 2022-2027 (%)
    • Comparison by Application
      • Table Chart on Comparison by Application
      • Table Data Table on Comparison by Application
    • Food and beverages - Market size and forecast 2022- 2027
      • Table Chart on Food and beverages - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Food and beverages - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Food and beverages - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Food and beverages - Year-over-year growth 2022-2027 (%)
    • Unsaturated polyester resins - Market size and forecast 2022-2027
      • Table Chart on Unsaturated polyester resins - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Unsaturated polyester resins - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Unsaturated polyester resins - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Unsaturated polyester resins - Year-over-year growth 2022-2027 (%)
    • Rosin paper sizes - Market size and forecast 2022-2027
      • Table Chart on Rosin paper sizes - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Rosin paper sizes - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Rosin paper sizes - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Rosin paper sizes - Year-over-year growth 2022-2027 (%)
    • Alkyd resins - Market size and forecast 2022-2027
      • Table Chart on Alkyd resins - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Alkyd resins - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Alkyd resins - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Alkyd resins - Year-over-year growth 2022-2027 (%)
    • Others - Market size and forecast 2022-2027
      • Table Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Others - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Others - Year-over-year growth 2022-2027 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2022-2027 (%)
      • Table Data Table on Market share by geography 2022-2027 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • APAC - Market size and forecast 2022-2027
      • Table Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Table Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Table Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • North America - Market size and forecast 2022-2027
      • Table Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Table Chart on North America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on North America - Year-over-year growth 2022-2027 (%)
    • Europe - Market size and forecast 2022-2027
      • Table Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • South America - Market size and forecast 2022-2027
      • Table Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Table Chart on South America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on South America - Year-over-year growth 2022-2027 (%)
    • Middle East and Africa - Market size and forecast 2022- 2027
      • Table Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • China - Market size and forecast 2022-2027
      • Table Chart on China - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Table Chart on China - Year-over-year growth 2022-2027 (%)
      • Table Data Table on China - Year-over-year growth 2022-2027 (%)
    • US - Market size and forecast 2022-2027
      • Table Chart on US - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Table Chart on US - Year-over-year growth 2022-2027 (%)
      • Table Data Table on US - Year-over-year growth 2022-2027 (%)
    • India - Market size and forecast 2022-2027
      • Table Chart on India - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on India - Market size and forecast 2022-2027 ($ million)
      • Table Chart on India - Year-over-year growth 2022-2027 (%)
      • Table Data Table on India - Year-over-year growth 2022-2027 (%)
    • Germany - Market size and forecast 2022-2027
      • Table Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • Japan - Market size and forecast 2022-2027
      • Table Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Introduction of ethnic and innovative flavors
      • Rising consumption of unsaturated polyester resins (UPRs) in the construction industry
      • Versatile nature of fumaric acid
    • Market challenges
      • Increased threat of substitutes from citric acid and malic acid
      • Inclination of consumers toward low-calorie beverages
      • Health hazards and side effects of fumaric acid
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2022 and 2027
    • Market trends
      • Increased consumption of organic food additives
      • Increase in disposable income among middle class
      • Growing preference for convenience food and beverages
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • Actylis
      • Table Actylis - Overview
      • Table Actylis - Product / Service
      • Table Actylis - Key offerings
    • Agarwal Life Sciences Pvt. Ltd.
      • Table Agarwal Life Sciences Pvt. Ltd. - Overview
      • Table Agarwal Life Sciences Pvt. Ltd. - Product / Service
      • Table Agarwal Life Sciences Pvt. Ltd. - Key offerings
    • Bartek Ingredients Inc.
      • Table Bartek Ingredients Inc. - Overview
      • Table Bartek Ingredients Inc. - Product / Service
      • Table Bartek Ingredients Inc. - Key offerings
    • Central Drug House Pvt. Ltd.
      • Table Central Drug House Pvt. Ltd. - Overview
      • Table Central Drug House Pvt. Ltd. - Product / Service
      • Table Central Drug House Pvt. Ltd. - Key offerings
    • Changzhou Yabang Chemical Co. Ltd.
      • Table Changzhou Yabang Chemical Co. Ltd. - Overview
      • Table Changzhou Yabang Chemical Co. Ltd. - Product / Service
      • Table Changzhou Yabang Chemical Co. Ltd. - Key offerings
    • Dastech International Inc.
      • Table Dastech International Inc. - Overview
      • Table Dastech International Inc. - Product / Service
      • Table Dastech International Inc. - Key offerings
    • Fuso Chemical Co. Ltd.
      • Table Fuso Chemical Co. Ltd. - Overview
      • Table Fuso Chemical Co. Ltd. - Product / Service
      • Table Fuso Chemical Co. Ltd. - Key offerings
    • Henan GP Chemicals Co. Ltd.
      • Table Henan GP Chemicals Co. Ltd. - Overview
      • Table Henan GP Chemicals Co. Ltd. - Product / Service
      • Table Henan GP Chemicals Co. Ltd. - Key offerings
    • Merck KGaA
      • Table Merck KGaA - Overview
      • Table Merck KGaA - Business segments
      • Table Merck KGaA - Key news
      • Table Merck KGaA - Key offerings
      • Table Merck KGaA - Segment focus
    • Nippon Shokubai Co. Ltd.
      • Table Nippon Shokubai Co. Ltd. - Overview
      • Table Nippon Shokubai Co. Ltd. - Business segments
      • Table Nippon Shokubai Co. Ltd. - Key offerings
      • Table Nippon Shokubai Co. Ltd. - Segment focus
    • Polynt Spa
      • Table Polynt Spa - Overview
      • Table Polynt Spa - Product / Service
      • Table Polynt Spa - Key offerings
    • RXChemicals
      • Table RXChemicals - Overview
      • Table RXChemicals - Product / Service
      • Table RXChemicals - Key offerings
    • The Chemical Co.
      • Table The Chemical Co. - Overview
      • Table The Chemical Co. - Product / Service
      • Table The Chemical Co. - Key offerings
    • UPC Technology Corp.
      • Table UPC Technology Corp. - Overview
      • Table UPC Technology Corp. - Business segments
      • Table UPC Technology Corp. - Key offerings
      • Table UPC Technology Corp. - Segment focus
    • XST Biological Co. Ltd.
      • Table XST Biological Co. Ltd. - Overview
      • Table XST Biological Co. Ltd. - Product / Service
      • Table XST Biological Co. Ltd. - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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