Market Research Report Store offers a latest published report on Fumaric Acid Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 91 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.
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Fumaric acid or trans-butenedioic acid is a white crystalline chemical compound. Fumaric acid is used in the manufacture of medicines, drinks, food, animal feed, cleansing agents, unsaturated polyester, alkyd resins, printing inks, and many others.
The technical barriers of fumaric acid are not high, and the major players are Yantai Hengyuan Bioengineering, Fuso Chemicals, Jiangsu Jiecheng Bioengineering, Changzhou Yabang Chemical, Sealong Biotechnology, Changmao Biochemical Engineering, Suzhou Youhe Science and Technology, and XST Biological. These companies mainly concentrate in Japan, China, and Europe. China is the largest consumer, almost 30% of total consumption in 2015, followed by Europe with 20% of sales share.
As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality. With the snatch for market share in emerging regions, the competition in fumaric acid industry will become more intense.
Global Fumaric Acid market size will increase to 620 Million US$ by 2025, from 490 Million US$ in 2018, at a CAGR of 3.0% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Fumaric Acid.
Market Segment by Manufacturers, this report covers
Yantai Hengyuan Bioengineering
Jiangsu Jiecheng Bioengineering
Changzhou Yabang Chemical
Changmao Biochemical Engineering
Suzhou Youhe Science and Technology
Market Segment by Type, covers
Market Segment by Applications, can be divided into
Food & Beverages
Rosin Paper Sizes
Unsaturated Polyester Resin
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North America Fumaric Acid Market Growth 2019-2024
United States Fumaric Acid Market Growth 2019-2024
Asia-Pacific Fumaric Acid Market Growth 2019-2024
Europe Fumaric Acid Market Growth 2019-2024
EMEA Fumaric Acid Market Growth 2019-2024
Global Fumaric Acid Market Growth 2019-2024
China Fumaric Acid Market Growth 2019-2024
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