Global Itaconic Acid Market Growth 2025-2031

Global Itaconic Acid Market Growth 2025-2031

The global Itaconic Acid market size is predicted to grow from US$ 108 million in 2025 to US$ 137 million in 2031; it is expected to grow at a CAGR of 4.0% from 2025 to 2031.

Itaconic Acid is a naturally occurring unsaturated 5-C dicarboxylic acid which is also known as methylenesuccinic acid or methylenebutanedioic acid

Global Itaconic Acid key players include Kehai Biochemistry, Guoguang Biochemistry, Huaming Biochemistry, etc. Global top three manufacturers hold a share over 45%.

China is the largest market, with a share over 75%, followed by Japan, and North America, both have a share about 2 percent.

In terms of product, Fermentation is the largest segment, with a share over 85%. And in terms of application, the largest application is Plasticizer, Lubricating Oil Additive, etc.

LP Information, Inc. (LPI) ' newest research report, the “Itaconic Acid Industry Forecast” looks at past sales and reviews total world Itaconic Acid sales in 2024, providing a comprehensive analysis by region and market sector of projected Itaconic Acid sales for 2025 through 2031. With Itaconic Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Itaconic Acid industry.

This Insight Report provides a comprehensive analysis of the global Itaconic 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 Itaconic Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Itaconic Acid market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Itaconic 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 Itaconic Acid.

This report presents a comprehensive overview, market shares, and growth opportunities of Itaconic Acid market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Synthesis
Fermentation

Segmentation by Application:
Plasticizer
Lubricating Oil Additive
Other

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 analysing the company's coverage, product portfolio, its market penetration.
Kehai Biochemistry
Guoguang Biochemistry
Huaming Biochemistry
Alpha Chemika
Zhongshun Science & Technology

Key Questions Addressed in this Report

What is the 10-year outlook for the global Itaconic Acid market?

What factors are driving Itaconic Acid market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Itaconic Acid market opportunities vary by end market size?

How does Itaconic Acid break out by Type, by Application?

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