Fumaric Acid Market is Expected to Soar at a High Value CAGR of 6.8% throughout the Period of Assessment till 2026

Posted on 2018-07-27 by Mark Hub in Chemicals, Industrial // 0 Comments

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Rockville, US, 2018-Jul-27 — /EPR Network/ — A freshly compiled business intelligent report, titled “Fumaric Acid Market Research Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2026” has been publicized to the vast archive of Fact.MR online repository. This 170-page study delivers all the vital details and information required to know about fumaric acid market current as well as future prospects. The analysts of the study have gone through extensive research methodologies in order to generate data and information that reflects the latest market undercurrents and industry trends. For a deeper understanding of the market, a sub-category level analysis has been elaborated, by which readers and investors of the report will able to know that where the market stands to gain.

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As per research analysis by Fact.MR on fumaric acid market at a global level, it is expected to soar at a high value CAGR of 6.8% throughout the period of assessment (2017-2026). Moreover, considering current market scenario and forecast analysis done in the study, the sale of fumaric acid across various industrial applications is estimated to reach a value of around US$ 630 Mn by end of the period of forecast (2026). Global market for fumaric acid is expected to witness a stellar growth in the years to follow. Key players are focusing on improvising their manufacturing process to achieve higher production capacities and quality fumaric acid. This is to cater to the growing demand of fumaric acid in preservatives, bakery products, as flavoring agents, in wine, in juices, paints, resins, as well as body cleansing agents.

Asia Pacific Excluding Japan (APEJ) to Offer Lucrative Opportunities for Fumaric Acid

Asia Pacific excluding Japan (APEJ) region is known as the manufacturing hub where several manufacturers have set up plants to cater to the growing needs of the population in their respective domains. Chemical companies have tapped the Indian market due to various reasons for instance, cheap land availability and labor. The use of fumaric acid in chemicals, especially in manufacturing of resins and paints has driven its consumption in the region since last decade. Moreover, the food and beverage industry in APEJ is also expected to grow at a high scale. Driven by increasing health awareness and foody nature of the population in this region, several food innovations and introduction of various health products has been witnessed. This has spurred the use of fumaric acid in the region as it is used in producing various energy drinks, health beverages and other food products. Fumaric acid is mainly used for its preservation qualities and maintaining the taste, texture and color of the food item. Consumption of fumaric acid in APEJ is projected to grow at a comparatively higher rate of over 7% during the period of forecast.

Competition Tracking

Key players operating in the global fumaric acid are Bartek Ingredients, Thirumalai Chemicals, Polynt S.P.A, Nippon Shokubai Co. Ltd., Tianjin Bohai Chemicals, The Chemical Company, Wego Chemical Group and Changzhou Yabang Chemical Co. Ltd.

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Table of Contents:

Global Economic Outlook
Global Fumaric Acid Market – Executive Summary
2.1. Opportunity Analysis & Megatrends
Global Fumaric Acid Market Overview
3.1. Introduction
3.1.1. Global Fumaric Acid Market Taxonomy
3.1.2. Global Fumaric Acid Market Definition
3.2. Global Fumaric Acid Market Size (US$ Mn & Volume (Tons)) and Forecast, 2012-2026
3.2.1. Global Fumaric Acid Market Y-o-Y Growth
3.3. Global Fumaric Acid Market Dynamics
3.4. Risk Heat Map
3.5. Supply Chain
3.6. Cost Structure
3.7. Pricing Analysis
3.8. Investment Feasibility Matrix
3.9. Competition Matrix
3.10. Key Regions Trade Analysis
3.11. PESTLE Analysis
3.12. Product Lifecycle
3.13. Organic Acids Market Scenario
3.14. Market Attractiveness
3.15. Key Participants Market Presence (Intensity Map) By Region

Continued………

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