Europe Malonic Acid Market Size, Share & Trends Analysis Report By Application (Flavor Enhancer, API, Additive, pH Controller, Precurser, and Others), By End Use, By Country and Growth Forecast, 2023 - 2030
The Europe Malonic Acid Market would witness market growth of 2.5% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 4,748.6 tonnes, showcasing a growth of 1.7% (2019-2022).
The polymer industry utilizes malonic acid to modify polymers and synthesize resins, improving material properties. It is incorporated into polymer chains to enhance adhesion, durability, and chemical resistance, making the resulting materials suitable for various industrial applications.
Additionally, malonic acid synthesizes polyester resins, essential components in various coatings, including architectural paints, automotive, and industrial coatings. The growth in construction, automotive, and infrastructure development has increased demand for these coatings.
As per the data from the International Trade Administration, Belgium’s pharmaceutical industry spends $1.64 billion (€1.5 billion) on R&D every year, which is equivalent to 40 percent of all private investment made in Belgium. As a result, Belgium is home to 29 of the top 30 pharmaceutical companies, including important subsidiaries of major U.S. companies such as Johnson and Johnson and Pfizer.
The Germany market dominated the Europe Malonic Acid Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $12,263.6 Thousands by 2030. The UK market is exhibiting a CAGR of 2.2% during (2023 - 2030). Additionally, The France market would experience a CAGR of 2.9% during (2023 - 2030).
Based on Application, the market is segmented into Flavor Enhancer, API, Additive, pH Controller, Precurser, and Others. Based on End Use, the market is segmented into Food & Beverage, Pharmaceutical, Agriculture, Plastics, Paints & Coatings, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Trace Zero LLC
- Lygos Inc.
- Wuhan Amino Acid Bio-Chemical Co., Ltd
- Hefei TNJ Chemical Industry Co.,Ltd.
- Hebei jingye group
- Shandong Lixing Chemical Co. Ltd.
- Nanjing Perlove Medical Equipment Co., Ltd.
- Wacker Chemie AG
- Thermo Fisher Scientific, Inc.
- Lonza Group Ltd.
By Application (Volume, Tonnes, USD Million, 2019-2030)
- Flavor Enhancer
- API
- Additive
- pH Controller
- Precurser
- Others
- Food & Beverage
- Pharmaceutical
- Agriculture
- Plastics
- Paints & Coatings
- Others
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Malonic Acid Market, by Application
- 1.4.2 Europe Malonic Acid Market, by End Use
- 1.4.3 Europe Malonic Acid Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter Five Forces Analysis
- Chapter 4. Strategies Deployed in Malonic Acid Market.
- Chapter 5. Europe Malonic Acid Market by Application
- 5.1 Europe Flavor Enhancer Market by Country
- 5.2 Europe API Market by Country
- 5.3 Europe Additive Market by Country
- 5.4 Europe pH Controller Market by Country
- 5.5 Europe Precurser Market by Country
- 5.6 Europe Others Market by Country
- Chapter 6. Europe Malonic Acid Market by End-Use
- 6.1 Europe Food & Beverage Market by Country
- 6.2 Europe Pharmaceutical Market by Country
- 6.3 Europe Agriculture Market by Country
- 6.4 Europe Plastics Market by Country
- 6.5 Europe Paints & Coatings Market by Country
- 6.6 Europe Others Market by Country
- Chapter 7. Europe Malonic Acid Market by Country
- 7.1 Germany Malonic Acid Market
- 7.1.1 Germany Malonic Acid Market by Application
- 7.1.2 Germany Malonic Acid Market by End-Use
- 7.2 UK Malonic Acid Market
- 7.2.1 UK Malonic Acid Market by Application
- 7.2.2 UK Malonic Acid Market by End-Use
- 7.3 France Malonic Acid Market
- 7.3.1 France Malonic Acid Market by Application
- 7.3.2 France Malonic Acid Market by End-Use
- 7.4 Russia Malonic Acid Market
- 7.4.1 Russia Malonic Acid Market by Application
- 7.4.2 Russia Malonic Acid Market by End-Use
- 7.5 Spain Malonic Acid Market
- 7.5.1 Spain Malonic Acid Market by Application
- 7.5.2 Spain Malonic Acid Market by End-Use
- 7.6 Italy Malonic Acid Market
- 7.6.1 Italy Malonic Acid Market by Application
- 7.6.2 Italy Malonic Acid Market by End-Use
- 7.7 Rest of Europe Malonic Acid Market
- 7.7.1 Rest of Europe Malonic Acid Market by Application
- 7.7.2 Rest of Europe Malonic Acid Market by End-Use
- Chapter 8. Company Profiles
- 8.1 Trace Zero LLC
- 8.1.1 Company Overview
- 8.2 Lygos Inc.
- 8.2.1 Company Overview
- 8.2.2 SWOT Analysis
- 8.3 Wuhan Amino Acid Bio-Chemical Co., Ltd.
- 8.3.1 Company Overview
- 8.3.2 SWOT Analysis
- 8.4 Hefei TNJ Chemical Industry Co.,Ltd.
- 8.4.1 Company Overview
- 8.5 Hebei jingye group
- 8.5.1 Company Overview
- 8.5.2 Recent strategies and developments:
- 8.5.2.1 Acquisition and Mergers:
- 8.6 Shandong Lixing Advanced Material Co., Ltd.
- 8.6.1 Company Overview
- 8.6.2 SWOT Analysis
- 8.7 Nanjing Perlove Medical Equipment Co., Ltd.
- 8.7.1 Company Overview
- 8.8 Wacker Chemie AG
- 8.8.1 Company Overview
- 8.8.2 Financial Analysis
- 8.8.3 Segmental and Regional Analysis
- 8.8.4 Research & Development Expenses
- 8.8.5 Recent strategies and developments:
- 8.8.5.1 Partnerships, Collaborations, and Agreements:
- 8.8.5.2 Acquisition and Mergers:
- 8.8.6 SWOT Analysis
- 8.9 Thermo Fisher Scientific, Inc.
- 8.9.1 Company Overview
- 8.9.2 Financial Analysis
- 8.9.3 Segmental and Regional Analysis
- 8.9.4 Research & Development Expenses
- 8.9.5 Recent strategies and developments:
- 8.9.5.1 Partnerships, Collaborations, and Agreements:
- 8.9.5.2 Acquisition and Mergers:
- 8.9.6 SWOT Analysis
- 8.10. Lonza Group Ltd.
- 8.10.1 Company Overview
- 8.10.2 Financial Analysis
- 8.10.3 Segmental and Regional Analysis
- 8.10.4 Research & Development Expenses
- 8.10.5 Recent strategies and developments:
- 8.10.5.1 Partnerships, Collaborations, and Agreements:
- 8.10.5.2 Acquisition and Mergers:
- 8.10.6 SWOT Analysis
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