The fumaric acid market valuation is estimated to rise at a CAGR of 6.7% over the forecast period i.e., 2022 to 2032. According to the most recent report by Fact.MR, a supplier of market research and competitive intelligence, the value of global fumaric acid sales is predicted to reach US$ 645 Mn by 2032’s end, or almost 1.2% of the total sales of food additives.
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Market Titans Key Strategies
Prominent fumaric acid market players are Bartek Ingredients, Thirumalai Chemicals, Polynt S.P.A, Nippon Shokubai Co. Ltd, Tianjin Bohai Chemicals, The Chemical Company, Wego Chemical Group, Changzhou Yabang Chemical Co. Ltd.
Market leading players in the fumaric acid market are focusing on improving their production capacity to meet the growing demand from various end-use industries and producing high-quality fumaric acid.
For instance :
- In April 2022, Bartek Ingredients invested US$ 160.0 million in the under-construction world’s largest malic and food-grade fumaric acid production plant. This will strengthen Bartek Ingredient’s global position and enhance its customer base.
Fact.MR has provided detailed information about the price points of key manufacturers of fumaric acid positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
Fumaric acid Market Key Segments
- By Extraction Type
- Fumaria Officinalis
- Maleic Anhydride
- Fermentation
- By End Use Industry
- Food and Beverage
- Cosmetic
- Pharmaceutical
- Chemical
- By Application
- Food Additives
- Rosin Paper Sizes
- Unsaturated Polyester Resins (UPR)
- Alkyd Resins
- Animal Feed
- Others
The Market insights of Fumaric Acid will improve the revenue impact of businesses in various industries by:
- Providing a framework tailored toward understanding the attractiveness quotient of various products/solutions/technologies in the Fumaric Acid Market
- Guiding stakeholders to identify key problem areas pertaining to their consolidation strategies in the global Fumaric Acid market and offers solutions
- Assessing the impact of changing regulatory dynamics in the regions in which companies are keen on expanding their footprints
- Provides understanding of disruptive technology trends to help businesses make their transitions smoothly
- Helping leading companies make strategy recalibrations ahead of their competitors and peers
- Offers insights into promising synergies for top players aiming to retain their leadership position in the market supply side analysis of Fumaric Acid market .
The latest industry analysis and survey on Fumaric Acid provides sales outlook in 20+ countries, across key categories. Insights and outlook on Fumaric Acid market drivers, trends, and influencing factors are also included in the study.
This report gives you access to decisive data such as:
- Demand of Fumaric Acid Market Growth drivers
- Factors limiting Fumaric Acid market growth
- Current key trends of Fumaric Acid Market
- Market Size of Fumaric Acid and Fumaric Acid Sales projections for the coming years
The report also offers key trends of Fumaric Acid market and an in-depth analysis of how the projected growth factors will shape the Fumaric Acid market dynamics in the coming years of the forecast period.
Moreover, it also gives meaningful as well as actionable insights on the competitive analysis of Fumaric Acid Market that are developing the current market scenario and which will be lucrative for the future demand of Fumaric Acid Market.
