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Fumaric Acid Market – Global Price, Impacting Factor’s Applications, And Outlook 2017 to 2025

According to a new market report published by Credence Research “Fumaric Acid Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2021,” the fumaric acid market was valued at US$ 3.70 Bn in 2015, and is expected to reach US$ 5.69 Bn by 2022, expanding at a CAGR of 6.3% from 2016 to 2022.

Market Insights
Fumaric acid which is also known as trans-butenedioic acid is witnessed to experience high demand from various applications in the global market. The benefits such as increasing the shelf life of food and flavor enhancement among others are the major factor for high demand from the food and beverages industry. The growing demand for unsaturated polyesters resins from the automobile industry is another factor promoting the growth of global fumaric acid market.

If you want to have the free sample of the report, go through the link here @ https://www.credenceresearch.com/sample-request/57739

Growing health awareness among the population has led to adoption of nutritional diets. This has increased the demand for processed foods and drinks. Therefore, high demand for fumaric acid is observed, as it is used as preservative for processed foods and drinks. Rise in use of automobiles in emerging economies is expected to increase automobile industry in Thailand and Indonesia. Rising economic conditions in the countries such as China and India has led to high demand for unsaturated polyester resins thereby leading to growth of fumaric acid in the market. The benefits such as flavor stability, persistent sour taste, and greater buffering capacity among other benefits are expected to offer high opportunities for industrial applications in the market.

Competitive Insights:
Food & Beverages was leading the application segment with more than 25% share of global fumaric acid market. The beneficial properties of fumaric acid such as flavor enhancer, preservative and pH controller are expected to boost market demand from the food 7 beverages industry. Fumaric acid is used in the production of bakery, breads, confectionary, desserts, etc. Hence, high demand for fumaric acid is reported from the food industry. Unsaturated polyester resins accounted to be the second largest application segment in 2015 and is expected to retain its market position during the forecast period. High demand for unsaturated polyester resins from the automobile and marine industries has led to increased production and demand for fumaric acid. Other application such as alkyd resins, printing inks, paper sizing, animal feed and cleansing agents are also projected to offer high opportunities for growth of fumaric acid market during the forecast period from 2016 to 2022.

Browse the full Fumaric Acid Market for Food & Beverages, Unsaturated Polyester Resins (UPR), Alkyd Resins, Printing Inks, Paper Sizing and Other Applications- Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2021 report at  https://www.credenceresearch.com/report/fumaric-acid-market

Major players involved in the production and sales of fumaric acid are focusing on synthesis of fumaric acid through fermentation processes globally. To increase market opportunities, the major weapon used by small as well as major players is backward and forward integration. In-house synthesis of fumaric acid will help reduce cost of raw material and will add to the product portfolio of the company. Hence, strong competition is observed between the prominent and major players in the market.

Key Trends:

  • Manufacture of various food products
  • Potential substitute to tartaric acid and citric acid
  • Developments in the automobile sector
  • Opportunities for growth in construction and paints & coatings market

If you want to have the free sample of the report, go through the link here @ https://www.credenceresearch.com/sample-request/57739

Overall, the research study provides a holistic view of the global fumaric acid market, of growth, offering market size and estimates for the period from 2015 to 2022, keeping in mind the above mentioned factors.

Table Of Content:

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Empirical Phase
1.4.2 Phase II – Analytical Phase h
1.4.3 Phase III – Dissemination Phase
1.4.4 Approach Adopted

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Fumaric Acid Market
2.2 Global Fumaric Acid Market Market, By Application
2.3 Global Fumaric Acid Market Market, By Geography

Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global Fumaric Acid Market Volume and Revenue, 2015 – 2022, (Kilo Tons) (US$ Mn)
3.2 Key Market Strategies
3.2.1 Product Pricing Analysis
3.2.2 Regulatory Impact on Market
3.3 Market Drivers
3.4 Market Challenges
3.4 Future Outlook of the Market
3.5 See-Saw Analysis
3.5.1 Impact Analysis of Drivers and Restraints
3.6 Attractive Investment Proposition
3.7 Competitive Analysis
3.7.1 Market Positioning of Key Vendors

BY APPLICATION:

Application Segmentation Analysis
On the basis of its application, the fumaric acid market is categorized into following segments:

  • Food & Beverages
  • Unsaturated Polyester Resin (UPR)
  • Alkyd Resins
  • Printing Inks
  • Paper Sizing
  • Others (Animal Feed, Cleansing Agent, etc.)

BY GEOGRAPHY:

Geography Segmentation Analysis
On the basis of geography, the global rapeseed oil market is segmented into two following categories,

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • France
    • Germany
    • UK
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • Rest of Middle East & Africa
  • Rest of the World (RoW)
    • Australia
    • Brazil
    • Rest of RoW

Hismation: Fumaric Acid
Fumaric acid is an organic acid which is easily found in nature. It is also known as trans-butenedioic acid which is a white crystalline compound. This white compound is known to be one among the two isomeric unsaturated dicarboxylic acids and the other is maleic acid. Fumaric acid tastes sweet and is also known as fumarates.

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