Global Fumaric Acid Market Growth 2023-2029

Global Fumaric Acid Market Growth 2023-2029

Fumaric acid or trans-butenedioic acid is a white crystalline chemical compound. Fumaric acid is used in the manufacture of medicines, drinks, food, animal feed, cleansing agents, unsaturated polyester, alkyd resins, printing inks, and many others.
LPI (LP Information)' newest research report, the “Fumaric Acid Industry Forecast” looks at past sales and reviews total world Fumaric Acid sales in 2022, providing a comprehensive analysis by region and market sector of projected Fumaric Acid sales for 2023 through 2029. With Fumaric Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Fumaric Acid industry.
This Insight Report provides a comprehensive analysis of the global Fumaric Acid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Fumaric Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Fumaric Acid market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Fumaric Acid and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Fumaric Acid.
The global Fumaric Acid market size is projected to grow from US$ 540.3 million in 2022 to US$ 669.6 million in 2029; it is expected to grow at a CAGR of 669.6 from 2023 to 2029.
The technical barriers of fumaric acid are not high, and the major players are Yantai Hengyuan Bioengineering, Fuso Chemicals, Jiangsu Jiecheng Bioengineering, Changzhou Yabang Chemical, Sealong Biotechnology, Changmao Biochemical Engineering, Suzhou Youhe Science and Technology, and XST Biological. Bartek Ingredients is the leader of this industry with about 61% market shares. These companies mainly concentrate in Japan, China, and Europe. China is the largest consumer, almost 30% of total consumption, followed by Europe with 20% of sales share.
This report presents a comprehensive overview, market shares, and growth opportunities of Fumaric Acid market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Food-Grade
Technical-Grade
Segmentation by application
Food & Beverages
Rosin Paper Sizes
Unsaturated Polyester Resin
Alkyd Resins
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Yantai Hengyuan Bioengineering
Bartek Ingredients
Polynt
Thirumalai Chemical
Isegen
Fuso Chemicals
Jiangsu Jiecheng Bioengineering
Changzhou Yabang Chemical
NIPPON SHOKUBAI
Sealong Biotechnology
Changmao Biochemical Engineering
Suzhou Youhe Science and Technology
XST Biological
Key Questions Addressed in this Report
What is the 10-year outlook for the global Fumaric Acid market?
What factors are driving Fumaric Acid market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Fumaric Acid market opportunities vary by end market size?
How does Fumaric Acid break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.