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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.
Scope of the Report:
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 worldwide market for Fumaric Acid is expected to grow at a CAGR of roughly 3.1% over the next five years, will reach 590 million US$ in 2024, from 490 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Fumaric Acid in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- 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
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Food-Grade
- Technical-Grade
Market Segment by Applications, can be divided into
- Food & Beverages
- Rosin Paper Sizes
- Unsaturated Polyester Resin
- Alkyd Resins
- Others
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Fumaric Acid product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Fumaric Acid, with price, sales, revenue and global market share of Fumaric Acid in 2017 and 2018.
Chapter 3, the Fumaric Acid competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Fumaric Acid breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Fumaric Acid market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Fumaric Acid sales channel, distributors, customers, research findings and conclusion, appendix and data source.