Tartaric Acid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023

  • ID: 4535005
  • Report
  • Region: Global
  • 74 pages
  • IMARC Group
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Tartaric acid is a naturally occurring substance found in various fruits, such as grapes, apricots, apples, bananas, avocados and tamarinds. It has anti-oxidant and anti-inflammatory properties, which provide benefits to the immune system. Moreover, an adequate consumption of tartaric acid helps in improving digestion and intestinal functions. Although it is mainly manufactured from natural raw materials, it can also be produced synthetically from maleic anhydride. The latest report titled, “Tartaric Acid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023” finds that the global tartaric acid market reached a value US$ 289.2 Million in 2017, growing at a CAGR of nearly 6% during 2010-2017.

The market for tartaric acid is driven primarily by its diverse uses, particularly in the food and beverage industry. In the food industry, it is used as an acidulant, anti-microbial agent and anti-caking agent. It also serves as an essential food additive, commonly combined with baking soda to function as a leavening agent in recipes to enhance their quality and stability. Apart from this, tartaric acid and its derivates are used in the pharmaceuticals industry as an excipient for drugs with poor solubility at higher pH levels. Some of the industrial applications of tartaric acid include the manufacturing of ceramics, textile printing, tanning, photography, etc. Further, the market is expected to reach a value of US$ 377 Million by 2023.

The report has segmented the market on the basis of end-use, including food and beverage and non-food industries. The report also provides an evaluation of the market on a regional basis, covering Europe, North America, Middle East and Africa, Asia Pacific and Latin America. An analysis of the competitive landscape has also been provided which gives the details of the key players operative in the market.

This report provides a deep insight into the global tartaric acid industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a tartaric acid manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the tartaric acid industry in any manner.

Key Questions Answered in This Report:
  • How has the global tartaric acid market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the global tartaric acid industry?
  • What are the key end-use segments in the global tartaric acid industry?
  • What are the price trends of tartaric acid?
  • What are the various stages in the value chain of the global tartaric acid industry?
  • What are the key driving factors and challenges in the global tartaric acid industry?
  • What is the structure of the global tartaric acid industry and who are the key players?
  • What is the degree of competition in the global tartaric acid industry?
  • What are the profit margins in the global tartaric acid industry?
  • What are the key requirements for setting up a tartaric acid manufacturing plant?
  • How is tartaric acid manufactured?
  • What are the various unit operations involved in a tartaric acid manufacturing plant?
  • What is the total size of land required for setting up a tartaric acid manufacturing plant?
  • What are the machinery requirements for setting up a tartaric acid manufacturing plant?
  • What are the raw material requirements for setting up a tartaric acid manufacturing plant?
  • What are the packaging requirements for tartaric acid?
  • What are the transportation requirements for tartaric acid?
  • What are the utility requirements for setting up a tartaric acid manufacturing plant?
  • What are the manpower requirements for setting up a tartaric acid manufacturing plant?
  • What are the infrastructure costs for setting up a tartaric acid manufacturing plant?
  • What are the capital costs for setting up a tartaric acid manufacturing plant?
  • What are the operating costs for setting up a tartaric acid manufacturing plant?
  • What will be the income and expenditures for a tartaric acid manufacturing plant?
  • What is the time required to break-even?
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1 Preface

2. Scope and Methodology
2.1 Objectives of the study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3. Executive Summary

4. Introduction
4.1Overview
4.2Key Industry Trends

5. Global Tartaric Acid Industry
5.1Market Overview
5.2Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3Price Trends
5.3.1 Price Tends
5.3.2 Price Indicators
5.3.3 Price Structure
5.4Market Breakup by Region
5.5Market Breakup by End-Use
5.6Market Forecast
5.7SWOT Analysis
5.7.1Overview
5.7.2Strengths
5.7.3Weaknesses
5.7.4Opportunities
5.7.5Threats
5.8Value Chain Analysis
5.8.1Overview
5.8.2Research and Development
5.8.3Raw Material Procurement
5.8.4Manufacturing
5.8.5Marketing
5.8.6Distribution
5.8.7End-Use
5.9Porters Five Forces Analysis
5.9.1Overview
5.9.2Bargaining Power of Buyers
5.9.3Bargaining Power of Suppliers
5.9.4Degree of Rivalry
5.9.5Threat of New Entrants
5.9.6Threat of Substitutes
5.10 Key Market Drivers and Challenges
5.11 Imports and Exports

6 Market by End-Use
6.1Food and Beverages
6.2Non-Food Applications

7 Performance by Region
7.1 Europe
7.2 North America
7.3 Asia Pacific
7.4 Middle East and Africa
7.5 Latin America

8. Competitive Landscape
9.1 Competitive Structure
9.2 Key Player Profiles

10 Tartaric Acid Manufacturing Process
10.1Product Overview
10.2Chemical Reactions Involved
10.3Detailed Process Flow
10.4Raw Material Requirements
10.5Mass Balance and Feedstock Conversion Rate

11. Tartaric Acid: Feedstock Analysis
11.1Maleic Anhydride
11.1.1Market Performance
11.1.2Price Trends
11.1.3Market Breakup by Region
11.1.4Market Breakup by End-Use
11.1.5Major Players
11.2Hydrogen Peroxide
11.2.1Market Performance
11.2.2Price Trends
11.2.3Market Breakup by Region
11.2.4Market Breakup by End-Use
11.2.5Major Players
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