The global itaconic acid market size was USD 101.5 Million in 2022 and is expected to register a rapid revenue CAGR of 6.1% during the forecast period. Rising usage of bio-based unsaturated polyester resin, rising demand for itaconic acid due to their environmental-friendly and non-toxic properties, and technological advancements in bio-based pharmaceuticals are key factors driving market revenue growth.
The latest research report by Emergen Research, named ‘Global Itaconic Acid Market. The report provides a detailed outlook on how the pandemic has affected the key segments of the Itaconic Acid Market industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Itaconic Acid Market industry. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Itaconic Acid Market
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Itaconic Acid market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
Itaconix Corporation, Jinan Huaming Biochemistry Co., Ltd., Aekyung Petrochemical Co., Ltd., Alpha Chemika, Citrus Food Additives Co., Ltd., Iwata Chemical Co., Ltd., Qingdao Langyatai Group Co., Ltd., Ronas Chemicals Ind. Co., Ltd., Shandong Kaison Biochemical Co., Ltd., and Zhejiang Guoguang Biochemistry Co., Ltd
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Emergen Research has segmented the global Itaconic Acid market on the basis of type, application, end-use, and region:
Derivative Outlook (Revenue, USD Million; 2019–2032)
Methyl Methacrylate
Styrene Butadiene Itaconic Acid
Polyitaconic Acid
Others
Application Outlook (Revenue, USD Million; 2019–2032)
Chillant Dispersant Agent
SBR Latex
Superabsorbent Polymers
Synthetic Latex
Others
Regional Outlook (Revenue, USD Million; 2019–2032)
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Benelux
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of Middle East & Africa
The various regions analyzed in the report include:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
Analysis and estimation of the Itaconic Acid Market size and share for the projected period of 2022-2030
Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Itaconic Acid Market
Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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