Global Itaconic Acid Market to 2027
Description
Global Itaconic Acid Market to 2027
Global Itaconic Acid Market to 2027
Market Overview
Itaconic Acid is the type of bio-based product, also referred as methyl succinic acid, which is found by distillation process of citric acid, that is an organic component, and it is used for the production of acrylate latexes and acrylonitrile butadiene. Itaconic Acid Market is the niche market due to its limited consumption in various end use industries on availability of large number of substitute. Itaconic Acid is used for production of a styrene butadiene rubber, deodorants, adhesives, unsaturated polyesters, reinforced glass fibers, polyesters resins, fabric binders, ion exchange resins and organosiloxanes. Also, Itaconic Acid is applied for manufacturing of SBR latex, used in construction sector cement, motors, and coats.
Market Drivers
Increase in trend of eco- friendly products due to increase in awareness towards green house emission is expected to boost the global itaconic acid market growth, during this forecast period. Itoconic acid is bio-degradable and non-toxic in nature which is used to manufacturing of sealants, finishing agents, paints and coatings, adhesives. Furthermore, rise in demand for the production of fiber reinforced polymer (FPR) composites, pipes, laminating resins, and electrical cabinets are expected to propel the global itaconic acid. Moreover, increase in usage of itconic acid in cosmetic products will have the global itaconic acid market growth.
Market Restraints
However, upsurge in demand for bio-based itaconic acid is expected to hinder the global itaconic acid market growth.
Market Segmentation
Global Itaconic Acid Market is segmented into type such as Synthesis and Fermentation. Further, Global Itaconic Acid Market is segmented into global itaconic acid market into application such as Plasticizer, Lubricating Oil Additives, and Others.
Also, Global Itaconic Acid Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East and Africa.
Market Key Players
Various key players are discussed in this report such as Qingdao Langyatai (Group) Co., Ltd, Chengdu Jinkai Biology Engineering Co., Ltd, Jinan Huaming Biological Technology Co., Ltd, Shandong Kaison Biochemical Co., Ltd, Zhejiang Guoguang Biochemistry Co., Ltd, and Others.
Market Taxonomy
By Type
Global Itaconic Acid Market to 2027
Market Overview
Itaconic Acid is the type of bio-based product, also referred as methyl succinic acid, which is found by distillation process of citric acid, that is an organic component, and it is used for the production of acrylate latexes and acrylonitrile butadiene. Itaconic Acid Market is the niche market due to its limited consumption in various end use industries on availability of large number of substitute. Itaconic Acid is used for production of a styrene butadiene rubber, deodorants, adhesives, unsaturated polyesters, reinforced glass fibers, polyesters resins, fabric binders, ion exchange resins and organosiloxanes. Also, Itaconic Acid is applied for manufacturing of SBR latex, used in construction sector cement, motors, and coats.
Market Drivers
Increase in trend of eco- friendly products due to increase in awareness towards green house emission is expected to boost the global itaconic acid market growth, during this forecast period. Itoconic acid is bio-degradable and non-toxic in nature which is used to manufacturing of sealants, finishing agents, paints and coatings, adhesives. Furthermore, rise in demand for the production of fiber reinforced polymer (FPR) composites, pipes, laminating resins, and electrical cabinets are expected to propel the global itaconic acid. Moreover, increase in usage of itconic acid in cosmetic products will have the global itaconic acid market growth.
Market Restraints
However, upsurge in demand for bio-based itaconic acid is expected to hinder the global itaconic acid market growth.
Market Segmentation
Global Itaconic Acid Market is segmented into type such as Synthesis and Fermentation. Further, Global Itaconic Acid Market is segmented into global itaconic acid market into application such as Plasticizer, Lubricating Oil Additives, and Others.
Also, Global Itaconic Acid Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East and Africa.
Market Key Players
Various key players are discussed in this report such as Qingdao Langyatai (Group) Co., Ltd, Chengdu Jinkai Biology Engineering Co., Ltd, Jinan Huaming Biological Technology Co., Ltd, Shandong Kaison Biochemical Co., Ltd, Zhejiang Guoguang Biochemistry Co., Ltd, and Others.
Market Taxonomy
By Type
- Synthesis
- Fermentation
- Plasticizer
- Lubricating Oil Additive
- Others
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Table of Contents
187 Pages
- 1. Executive Summary
- 1.1. Market Taxonomy
- 2. Global Itaconic Acid Market Demand (in Value or Size in US$ Mn) Analysis and
- Forecast
- 3. Market Background
- 3.1. Forecast Factor
- 3.2. Market Dynamics
- 3.2.1. Drivers
- 3.2.2. Challenges
- 3.2.3. Trends
- 4. Global Itaconic Acid Market Snapshot
- 5. Global Itaconic Acid Market Analysis, By Type
- 5.1. Y-o-Y Growth Comparison, By Type
- 5.2. Global Itaconic Acid Market Share Analysis, By Type
- 5.3. Global Itaconic Acid Market Size and Forecast, By Type
- 5.3.1 Synthesis
- 5.3.2 Fermentation
- 6. Global Itaconic Acid Market Analysis, By Application
- 6.1. Y-o-Y Growth Comparison, By Application
- 6.2. Global Itaconic Acid Market Share Analysis, By Application
- 6.3. Global Itaconic Acid Market Size and Forecast, By Application
- 6.3.1 Plasticizer
- 6.3.2 Lubricating Oil Additives
- 6.3.3 Others
- 7. Global Itaconic Acid Market Analysis, By Region
- 7.1. Y-o-Y Growth Comparison, By Region
- 7.2. Global Itaconic Acid Market Share Analysis, By Region
- 8. North America Itaconic Acid Market Analysis and Forecast (2017-2027)
- 8.1 Introduction
- 8.2 North America Itaconic Acid Market Analysis, By Type
- 8.3 North America Itaconic Acid Market Analysis, By Application
- 8.4 North America Itaconic Acid Market Analysis, By Country
- 8.4.1 USA
- 8.4.2 Canada
- 8.4.3 Mexico
- 9. Europe Itaconic Acid Market Analysis and Forecast (2017-2027)
- 9.1 Introduction
- 9.2 Europe Itaconic Acid Market Analysis, By Type
- 9.3 Europe Itaconic Acid Market Analysis, By Application
- 9.4 Europe Itaconic Acid Market Analysis, By Country
- 9.4 .1 Germany
- 9.4 .2 France
- 9.4.3 UK
- 9.4 .4 Rest of Europe
- 10. Asia Pacific Itaconic Acid Market Analysis and Forecast (2017-2027)
- 10.1 Introduction
- 10.2 Asia Pacific Itaconic Acid Market Analysis, By Type
- 10.3 Asia Pacific Itaconic Acid Market Analysis, By Application
- 10.4 Asia Pacific Itaconic Acid Market Analysis, By Country
- 10.4.1 China
- 10.4.2 India
- 10.4.3 Japan
- 10.4.4 Rest of Asia Pacific
- 11. Latin America Itaconic Acid Market Analysis and Forecast (2017-2027)
- 11.1 Introduction
- 11.2 Latin America Itaconic Acid Market Analysis, By Type
- 11.3 Latin America Itaconic Acid Market Analysis, By Application
- 12. Middle East & Africa Itaconic Acid Market Analysis and Forecast (2017-2027)
- 12.1 Introduction
- 12.2 Middle East & Africa Itaconic Acid Market Analysis, By Type
- 12.3 Middle East & Africa Itaconic Acid Market Analysis, By Application
- 13. Competition Analysis
- 13.1 Competition Dashboard
- 13.2 Market Share Analysis of Top Vendors
- 13.3 Key Development Strategies
- 14. Company Profiles
- 14.1 Qingdao Langyatai (Group) Co., Ltd
- 14.1.1 Overview
- 14.1.2 Offerings
- 141.3 Key Financial
- 14.1.4 Business Segment & Geographic Overview
- 14.1.5 Key Market Developments
- 14.1.6 Key Strategies
- 14.2 Chengdu Jinkai Biology Engineering Co., Ltd
- 14.3 Jinan Huaming Biological Technology Co., Ltd
- 14.4 Shandong Kaison Biochemical Co., Ltd,
- 14.5 Zhejiang Guoguang Biochemistry Co., Ltd
- 14.6 Others
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
