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 study on the Global Itaconic Acid Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The Itaconic Acid market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the Itaconic Acid industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Itaconic Acid industry.
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Competitive Outlook: The leading companies operating in the Itaconic Acid market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Itaconic Acid Market and Profiled 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
Objectives of the Report:
Study of the global Itaconic Acid market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Itaconic Acid market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Itaconic Acid market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Itaconic Acid market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
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
- North America
Regional Analysis:
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)
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