Fumaric acid, also known as trans-butenedioic acid, is a white crystalline compound found in nature. It is the primary intermediate in the tricarboxylic acid cycle for the biosynthesis of organic acid in humans and other mammals. The global fumaric acid market can be classified into two segments on the basis of application and geography. Some of the key application segments of the fumaric acid market are food and beverages, UPR, rosin paper sizes, alkyd resins, and others.
Technavio’s analysts forecast the global fumaric acid market to grow at a CAGR of 6.93% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global fumaric acid market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: • APAC • Europe • North America • ROW
Technavio’s report, Global Fumaric Acid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • Bartek Ingredients • Dastech International • FUSO CHEMICAL • Polynt • Prinova Group
Other prominent vendors • Changzhou Yabang Chemical • Nippon Shokubai • The Chemical Company • Thirumalai Chemicals • U.S. Chemicals • WEGO CHEMICAL GROUP
Market driver • Introduction of ethnic and innovative flavors • For a full, detailed list, view our report
Market challenge • Increased threat of substitutes from citric acid and malic acid • For a full, detailed list, view our report
Market trend • Increased consumption of organic food additives • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space?
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By Global Industry Analysts
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