Itaconic Acid is a naturally occurring unsaturated 5-C dicarboxylic acid which is also known as methylenesuccinic acid or methylenebutanedioic acid
Currently, the largest applications for itaconic acid are Plasticizer, accounting for 56.10% of the global itaconic acid market. The other significant applications include, Lubricating Oil Additive, which account for 26.52% of global market. The biggest market potential for itaconic acid is in new applications, such as unsaturated polyester resins, superabsorbent polymers, phosphate free detergents and for production of methyl methacrylate.
China is at present the largest supply market for Itaconic Acid, accounting for an estimated 76.15 percent share of global production in 2017. The country holds the supply and demand of itaconic acid from the viewpoint of production, manufacture, and worldwide competitiveness.
According to this study, over the next five years the Itaconic Acid market will register a 2.6% CAGR in terms of revenue, the global market size will reach US$ 100 million by 2024, from US$ 90 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Itaconic Acid business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Itaconic Acid market by product type, application, key manufacturers and key regions and countries.
This study considers the Itaconic Acid value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Synthesis
Fermentation
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Plasticizer
Lubricating Oil Additive
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Kehai Biochemistry
Guoguang Biochemistry
Huaming Biochemistry
Alpha Chemika
Zhongshun Science & Technology
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Itaconic Acid consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Itaconic Acid market by identifying its various subsegments.
Focuses on the key global Itaconic Acid manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Itaconic Acid with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Itaconic Acid submarkets, with respect to key regions (along with their respective key countries).
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.
Summary:
Get latest Market Research Reports on Itaconic Acid . Industry analysis & Market Report on Itaconic Acid is a syndicated market report, published as Global Itaconic Acid Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Itaconic Acid market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.