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Muconic Acid Market to witness 6.5% CAGR during the projected timespan.

Muconic Acid Market to witness 6.5% CAGR during the projected

The global muconic acid market is projected to have a significant demand from the textiles industry by 2024. As per the trends presented by FICCI in 2014, North America and Europe held strong positions in textile production with the respective market shares of 14% and 36%. Growing spending capabilities of consumers in Asia Pacific and Latin America are likely to provide new development opportunities for textile industry participants in the near future. The global textile industry will rise with a CAGR exceeding 4% by 2024, which will drive the muconic acid potential over the forecast period.

"Muconic Acid Market is forecast to exceed USD 60 million; according to a new research report.”

Manufacturing of polymer resins; for instance, polyethylene terephthalate (PET) involves a significant role of muconic acid as a chemical intermediate. The plastics industry has been witnessing a growth of over 7% in the recent years and will follow parallel growth trends by 2024 for muconic acid market over the forecast period. The Association of Plastic Manufacturers stated polyolefins to have over 50% share in the global plastic materials demand for the year 2015. Upward demand trends from the various end-use industries, such as consumer goods, electronics, and food & beverage for the plastic packaging products, will have a positive impact on the muconic acid market by 2024.

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In 2016, adipic acid held the largest share in the muconic acid market with a contribution of over 50%. The massive share was accredited to the vast adipic acid applications in various end-user industries. Adipic acid, which is extracted by muconic acid hydrogenation, is a key ingredient in the production of nylon. Various physical properties of nylon, such as smooth feel and shining texture, make it a desired fabric in the textile industry. Growing nylon demand in the textile industry will support the muconic acid market growth by 2024. Another derivative of muconic acid, caprolactam plays a key role in nylon production. Caprolactam is estimated to hold immense growth potential for its usage in producing synthetic fibers in brush bristles, textile stiffeners, film coatings, cross-linking of polyurethane, and synthetic leather.

The global muconic acid market for carpet & textile applications was observed to have the highest share in 2016. The segment will have the growth of more than 5% over the forecast period. Nylon, which is chiefly used in carpets & garments is synthesized using adipic acid. These trends present a substantial potential for muconic acid market from the textile industry in the near future.

Browse key industry insights from the report, “muconic acid market” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/muconic-acid-market

North America muconic acid market will grow at a CAGR close to 6% over the forecast period. The region identifies a strong automobile industry, which has been a user of lubricants. Muconic acid has a significant contribution in modifying lubricants’ viscosity. Thus, the growing lubricants demand in the automobile industry is likely to boost the muconic acid market by 2024.

Key market participants in the global muconic acid market are Thermo Fisher, Alfa Aesar, Sigma-Aldrich Corporation, Myriant Corporation, and Amyris. These contribute to over half of the global muconic acid market share. Companies have been involved in extensive research & development activities for discovering numerous conducts to produce muconic acid.

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Muconic Acid research report includes an in-depth coverage of the industry, with estimates & forecast in terms of volume in tons and revenue in USD thousand from 2013 to 2024, for the following segments:
Muconic Acid market by derivatives by application
o Adipic acid
 Plastics
 Carpets & textiles
 Lubricants
 Others
o Caprolactam
 Plastics
 Carpets & textiles
 Lubricants
 Others
o Others
 Plastics
 Carpets & textiles
 Lubricants
 Others
Muconic Acid market by application
o Plastics
o Carpet & textile
o Lubricants
o Others
The above information is provided on a regional and country basis for the following:
o North America
 U.S.
 Canada
o Europe
 UK
 Germany
 France
 Spain
 Italy
o Asia Pacific
 China
 Japan
 India
 Australia
 Indonesia
 Malaysia
o Latin America
 Brazil
o Middle East & Africa
 South Africa
 GCC

Report Content
Chapter 6. Muconic Acid Market, By Region
6.1. Global muconic acid market share by region, 2016 & 2024
6.2. North America
6.2.1. North America market estimates and forecast, 2013 - 2024
6.2.2. North America market estimates and forecasts of derivatives by application, 2013 – 2024
6.2.3. North America market estimates and forecasts by application, 2013 – 2024
6.2.4. U.S.
6.2.4.1. U.S market estimates and forecast, 2013 - 2024
6.2.4.2. U.S. market estimates and forecasts of derivatives by application, 2013 – 2024
6.2.4.3. U.S. market estimates and forecasts by application, 2013 – 2024
6.2.5. Canada
6.2.5.1. Canada market estimates and forecast, 2013 - 2024
6.2.5.2. Canada market estimates and forecasts of derivatives by application, 2013 – 2024
6.2.5.3. Canada market estimates and forecasts by application, 2013 – 2024
6.3. Europe
6.3.1. Europe market estimates and forecast, 2013 - 2024
6.3.2. Europe market estimates and forecasts of derivatives by application, 2013 – 2024
6.3.3. Europe market estimates and forecasts by application, 2013 – 2024
6.3.4. Germany
6.3.4.1. Germany market estimates and forecast, 2013 – 2024
6.3.4.2. Germany market estimates and forecasts of derivatives by application, 2013 – 2024
6.3.4.3. Germany market estimates and forecasts by application, 2013 – 2024
6.3.5. UK
6.3.5.1. UK market estimates and forecast, 2013 - 2024
6.3.5.2. UK market estimates and forecasts of derivatives by application, 2013 – 2024
6.3.5.3. UK market estimates and forecasts by application, 2013 – 2024
6.3.6. France
6.3.6.1. France market estimates and forecast, 2013 - 2024
6.3.6.2. France market estimates and forecasts of derivatives by application, 2013 – 2024
6.3.6.3. France market estimates and forecasts by application, 2013 – 2024
6.3.7. Spain
6.3.7.1. Spain market estimates and forecast, 2013 - 2024
6.3.7.2. Spain market estimates and forecasts of derivatives by application, 2013 – 2024
6.3.7.3. Spain market estimates and forecasts by application, 2013 – 2024
6.3.8. Italy
6.3.8.1. Italy market estimates and forecast, 2013 - 2024
6.3.8.2. Italy market estimates and forecasts of derivatives by application, 2013 – 2024
6.3.8.3. Italy market estimates and forecasts by application, 2013 – 2024
6.4. Asia Pacific
6.4.1. Asia Pacific market estimates and forecast, 2013 - 2024
6.4.2. Asia Pacific market estimates and forecasts of derivatives by application, 2013 – 2024
6.4.3. Asia Pacific market estimates and forecasts by application, 2013 – 2024
6.4.4. China
6.4.4.1. China market estimates and forecast, 2013 - 2024
6.4.4.2. China market estimates and forecasts of derivatives by application, 2013 – 2024
6.4.4.3. China market estimates and forecasts by application, 2013 – 2024
6.4.5. India
6.4.5.1. India market estimates and forecast, 2013 - 2024
6.4.5.2. India market estimates and forecasts of derivatives by application, 2013 – 2024
6.4.5.3. India market estimates and forecasts by application, 2013 – 2024
6.4.6. Japan
6.4.6.1. Japan market estimates and forecast, 2013 - 2024
6.4.6.2. Japan market estimates and forecasts of derivatives by application, 2013 – 2024
6.4.6.3. Japan market estimates and forecasts by application, 2013 – 2024
6.4.7. Australia
6.4.7.1. Australia market estimates and forecast, 2013 - 2024
6.4.7.2. Australia market estimates and forecasts of derivatives by application, 2013 – 2024
6.4.7.3. Australia market estimates and forecasts by application, 2013 – 2024
6.4.8. Indonesia
6.4.8.1. Indonesia market estimates and forecast, 2013 - 2024
6.4.8.2. Indonesia market estimates and forecasts of derivatives by application, 2013 – 2024
6.4.8.3. Indonesia market estimates and forecasts by application, 2013 – 2024
6.4.9. Malaysia
6.4.9.1. Malaysia market estimates and forecast, 2013 - 2024
6.4.9.2. Malaysia market estimates and forecasts of derivatives by application, 2013 – 2024
6.4.9.3. Malaysia market estimates and forecasts by application, 2013 – 2024
6.5. Latin America (LATAM)
6.5.1. LATAM market estimates and forecast, 2013 - 2024
6.5.2. LATAM market estimates and forecasts of derivatives by application, 2013 – 2024
6.5.3. LATAM market estimates and forecasts by application, 2013 – 2024
6.5.4. Brazil
6.5.4.1. Brazil market estimates and forecast, 2013 - 2024
6.5.4.2. Brazil market estimates and forecasts of derivatives by application, 2013 – 2024
6.5.4.3. Brazil market estimates and forecasts by application, 2013 – 2024
6.6. Middle East & Africa (MEA)
6.6.1. MEA market estimates and forecast, 2013 - 2024
6.6.2. MEA market estimates and forecasts of derivatives by application, 2013 – 2024
6.6.3. MEA market estimates and forecasts by application, 2013 – 2024
6.6.4. South Africa
6.6.4.1. South Africa market estimates and forecast, 2013 - 2024
6.6.4.2. South Africa market estimates and forecasts of derivatives by application, 2013 – 2024
6.6.4.3. South Africa market estimates and forecasts by application, 2013 – 2024
6.6.5. GCC
6.6.5.1. GCC market estimates and forecast, 2013 - 2024
6.6.5.2. GCC market estimates and forecasts of derivatives by application, 2013 – 2024
6.6.5.3. GCC market estimates and forecasts by application, 2013 – 2024
Chapter 7. Company Profiles
7.1. Myriant Corporation
7.1.1. Business overview
7.1.2. Financial data
7.1.3. Product landscape
7.1.4. SWOT analysis
7.1.5. Strategic outlook
7.2. Deinove
7.2.1. Business overview
7.2.2. Financial data
7.2.3. Product landscape
7.2.4. SWOT analysis
7.2.5. Strategic outlook
7.3. Santa Cruz Biotechnology
7.3.1. Business overview
7.3.2. Financial data
7.3.3. Product landscape
7.3.4. SWOT analysis
7.3.5. Strategic outlook
7.4. Amyris
7.4.1. Business overview
7.4.2. Financial data
7.4.3. Product landscape
7.4.4. SWOT analysis
7.4.5. Strategic outlook
7.5. Sigma-Aldrich Corporation
7.5.1. Business overview
7.5.2. Financial data
7.5.3. Product landscape
7.5.4. SWOT analysis
7.5.5. Strategic outlook
7.6. Dynacare
7.6.1. Business overview
7.6.2. Financial data
7.6.3. Product landscape
7.6.4. SWOT analysis
7.6.5. Strategic outlook
7.7. Thermo Fisher Scientific
7.7.1. Business overview
7.7.2. Financial data
7.7.3. Product landscape
7.7.4. SWOT analysis
7.7.5. Strategic outlook
7.8. Zhongxing Flavors & Fragrance
7.8.1. Business overview
7.8.2. Financial data
7.8.3. Product landscape
7.8.4. SWOT analysis
7.8.5. Strategic outlook
7.9. TCI
7.9.1. Business overview
7.9.2. Financial data
7.9.3. Product landscape
7.9.4. SWOT analysis
7.9.5. Strategic outlook
7.10. Alfa Aesar
7.10.1. Business overview
7.10.2. Financial data
7.10.3. Product landscape
7.10.4. SWOT analysis
7.10.5. Strategic outlook
7.11. Toronto Research Chemicals
7.11.1. Business overview
7.11.2. Financial data
7.11.3. Product landscape
7.11.4. SWOT analysis
7.11.5. Strategic outlook

Browse full Table of Content @ https://www.gminsights.com/toc/detail/muconic-acid-market

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology

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Global Market Insights, Inc.
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