Global Fumaric Acid Market 2017-2021

  • ID: 4436158
  • Report
  • Region: Global
  • 73 pages
  • TechNavio
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FEATURED COMPANIES

  • Bartek Ingredients
  • Changzhou Yabang Chemical
  • Dastech International
  • FUSO CHEMICAL
  • Nippon Shokubai
  • Polynt
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

About Fumaric Acid

Fumaric acid, also known as trans-butenedioic acid, is a white crystalline compound found in nature. It is the primary intermediate in the tricarboxylic acid cycle for the biosynthesis of organic acid in humans and other mammals. The global fumaric acid market can be classified into two segments on the basis of application and geography. Some of the key application segments of the fumaric acid market are food and beverages, UPR, rosin paper sizes, alkyd resins, and others.

The analysts forecast the global fumaric acid market to grow at a CAGR of 6.93% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global fumaric acid market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • APAC
  • Europe
  • North America
  • ROW
The report, Global Fumaric Acid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Bartek Ingredients
  • Dastech International
  • FUSO CHEMICAL
  • Polynt
  • Prinova Group
Other prominent vendors
  • Changzhou Yabang Chemical
  • Nippon Shokubai
  • The Chemical Company
  • Thirumalai Chemicals
  • U.S. Chemicals
  • WEGO CHEMICAL GROUP
Market drivers
  • Introduction of ethnic and innovative flavors
  • For a full, detailed list, view the full report
Market challenges
  • Increased threat of substitutes from citric acid and malic acid
  • For a full, detailed list, view the full report
Market trends
  • Increased consumption of organic food additives
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are thekey vendors in this market space?
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FEATURED COMPANIES

  • Bartek Ingredients
  • Changzhou Yabang Chemical
  • Dastech International
  • FUSO CHEMICAL
  • Nippon Shokubai
  • Polynt
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION
  • Market outline
PART 05: MARKET LANDSCAPE
  • Market overview
PART 06: MARKET SIZING
  • Global fumaric acid market
  • Five forces analysis
PART 07: MARKET SEGMENTATION BY APPLICATION
  • Global fumaric acid market by application
  • Global fumaric acid market for food and beverages
  • Global fumaric acid market for UPR
  • Global fumaric acid market for rosin paper sizes
  • Global fumaric acid market for alkyd resins
  • Global fumaric acid market for others
  • Market opportunity by application
PART 08: REGIONAL LANDSCAPE
  • Geographical segmentation
  • Regional comparison
  • Fumaric acid market in APAC
  • Fumaric acid market in North America
  • Fumaric acid market in Europe
  • Fumaric acid market in ROW
  • Market opportunity
PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS
  • Increased consumption of organic food additives
  • Increase in disposable income among middle class
  • Growing preference for convenience food and beverages
  • Competitive scenario
PART 12: VENDOR LANDSCAPE
  • Major market vendors
  • Vendors covered
PART 13: VENDOR ANALYSIS
  • Other prominent vendors
PART 14: APPENDIX
  • List of abbreviations
List of Exhibits
Exhibit 01: Key benefits of fumaric acid
Exhibit 02: Market segments
Exhibit 03: Global fumaric acid market – Market size and forecast 2016-2021 ($ millions)
Exhibit 04: Five forces analysis
Exhibit 05: Global fumaric acid market by application – Market share 2016-2021 (%)
Exhibit 06: Global fumaric acid market for food and beverages – Market size and forecast 2016-2021 ($ millions)
Exhibit 07: Areas of application of fumaric acid in food and beverages segment
Exhibit 08: Global fumaric acid market for food and beverages – Year-over-year growth 2017-2021 (%)
Exhibit 09: Global fumaric acid market for UPR – Market size and forecast 2016-2021 ($ millions)
Exhibit 10: Characteristics of fumaric acid-based unsaturated polyester resins
Exhibit 11: Global fumaric acid market for UPR – Year-over-year growth 2017-2021 (%)
Exhibit 12: Global fumaric acid market for rosin paper sizes – Market size and forecast 2016-2021 ($ millions)
Exhibit 13: Global fumaric acid market for rosin paper sizes – Year-over-year growth 2017-2021 (%)
Exhibit 14: Global fumaric acid market for alkyd resins – Market size and forecast 2016-2021 ($ millions)
Exhibit 15: Characteristics of fumaric acid-based alkyd resins
Exhibit 16: Global fumaric acid market for alkyd resins – Year-over-year growth 2017-2021 (%)
Exhibit 17: Global fumaric acid market for others – Market size and forecast 2016-2021 ($ millions)
Exhibit 18: Global fumaric acid market for others – Year-over-year growth 2017-2021 (%)
Exhibit 19: Market opportunity by application
Exhibit 20: Global fumaric acid market – Market share by geography 2016-2021 (%)
Exhibit 21: Regional comparison
Exhibit 22: Fumaric acid market in APAC – Market size and forecast 2016-2021 ($ millions)
Exhibit 23: Fumaric acid market in APAC – Year-over-year growth 2017-2021 (%)
Exhibit 24: Fumaric acid market in North America – Market size and forecast 2016-2021 ($ millions)
Exhibit 25: Fumaric acid market in North America – Year-over-year growth 2017-2021 (%)
Exhibit 26: Fumaric acid market in Europe – Market size and forecast 2016-2021 ($ millions)
Exhibit 27: Fumaric acid market in Europe – Year-over-year growth 2017-2021 (%)
Exhibit 28: Fumaric acid market in ROW – Market size and forecast 2016-2021 ($ millions)
Exhibit 29: Fumaric acid market in ROW – Year-over-year growth 2017-2021 (%)
Exhibit 30: Properties of unsaturated polyester resins
Exhibit 31: Versatile characteristics of fumaric acid
Exhibit 32: Major vendors in the global fumaric acid market
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FEATURED COMPANIES

  • Bartek Ingredients
  • Changzhou Yabang Chemical
  • Dastech International
  • FUSO CHEMICAL
  • Nippon Shokubai
  • Polynt
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

New Report Released: – Global Fumaric Acid Market 2017-2021

The author of the report recognizes the following companies as the key players in the global fumaric acid market: Bartek Ingredients, Dastech International, FUSO CHEMICAL, Polynt, and Prinova Group.

Other Prominent Vendors in the market are: Changzhou Yabang Chemical, Nippon Shokubai, The Chemical Company, Thirumalai Chemicals, U.S. Chemicals, and WEGO CHEMICAL GROUP.

Commenting on the report, an analyst from the research team said: “One trend in the market is increased consumption of organic food additives. Customer's enthusiasm for organic food products and changing preferences and food habits are expected to propel the consumption of fumaric acid during the forecast period. Over the years, increased demand for organic food additive products has led to the allocation of more shelf space for organic food brands in retail stores.”

According to the report, one driver in the market is introduction of ethnic and innovative flavors. Vendors are introducing unique flavors in the food sector, and culinary experts are increasingly using various flavoring agents. Unique flavors are being used in beverages with mixologists incorporating organic products, herbs, and other ingredients to enhance the taste. With the spread of Asian food and flavors such as green tea, lemongrass, and soy, buyers are getting accustomed to more bitter flavors. Fumaric acid is non-hygroscopic; hence, it is used in pre-blends. It is extensively used as a flavor blender in ethnic cuisine and is also used widely in dry mixes to prevent moisture absorption and product degradation associated with it.

Further, the report states that one challenge in the market is increased threat of substitutes from citric acid and malic acid. Fumaric acid is facing stiff competition from other acidulants such as citric acid and malic acid. Citric acid can be found in a wide range of processed foods and carbonated drinks as it is a natural preservative and produces tartness in carbonated drinks. It is a weak organic acid; hence, it acts as a water softener by breaking down trace amounts of metal found in water. Citric acid has a number of applications in the cosmetics and pharmaceutical industries wherein it is used as a pH adjusting agent in skin lotions. Thus, due to the wide range of applications of citric acid, a number of manufacturers prefer to produce this acidulant on a massive scale in comparison to fumaric acid.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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1h Free Analyst Time

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  • Bartek Ingredients
  • Dastech International
  • FUSO CHEMICAL
  • Polynt
  • Prinova Group
  • Changzhou Yabang Chemical
  • Nippon Shokubai
  • The Chemical Company
  • Thirumalai Chemicals
  • US Chemicals
  • WEGO CHEMICAL GROUP
Note: Product cover images may vary from those shown
6 of 6
Note: Product cover images may vary from those shown
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