Press release
Global Fumaric Acid market size will increase to 620 Million US$ by 2025, from 490 Million US$ in 2018, at a CAGR of 3.0% - Valuates Reports
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.
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Key Trends:
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. These companies mainly concentrate in Japan, China, and Europe. China is the largest consumer, almost 30% of total consumption in 2015, followed by Europe with 20% of sales share.
As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality. With the snatch for market share in emerging regions, the competition in fumaric acid industry will become more intense.
The study objectives are:
• To analyze and research the global Fumaric Acid capacity, production, value, consumption, status and forecast;
• To focus on the key Fumaric Acid manufacturers and study the capacity, production, value, market share and development plans in next few years.
• To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
• To define, describe and forecast the market by type, application and region.
• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To identify significant trends and factors driving or inhibiting the market growth.
• To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
• To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies.
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The following manufacturers are covered in this report:
• 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
Fumaric Acid Breakdown Data by Type
• Food-Grade
• Technical-Grade
Fumaric Acid Breakdown Data by Application
• Food & Beverages
• Rosin Paper Sizes
• Unsaturated Polyester Resin
• Alkyd Resins
• Others
Fumaric Acid Production Breakdown Data by Region
• United States
• Europe
• China
• Japan
• Other Regions
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In this study, the years considered to estimate the market size of Fumaric Acid :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
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Fumaric Acid Market - https://reports.valuates.com/sreport/GENC-Chem-33/Global_Fumaric_Acid_Market
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