Press release
Global Fumaric Acid Market Size, Growth Analysis Report, Forecast to 2021-2027
The global Fumaric Acid market is anticipated to grow significantly at a CAGR of 5.3% over the forecast period (2021-2027). The key aspect that drives the growth of the global fumaric acid market is the rapid growth in the building and construction industry. Fumaric acid is consumed in the production of UPR and alkyd resins. Unsaturated polyester resins and alkyd resins’ demand is expected to rise in the future years as they are extensively used in the construction industry. Rising remodeling and construction activities especially in developing economies of the Asia-Pacific region are likely to drive the demand for unsaturated polyester resin and alkyd resins.(Get 15% Discount on Buying this Report)
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Besides, there is also likely to be an increased demand for paints which is expected to grow owing to increasing construction activities. Besides, the presence of the key players continuously innovating novel technologies also enhances market growth. Players such as Merck Group, Nippon Shokubai Co. Ltd., Tate & Lyle PLC, The Chemical Co., Fuso Chemical Co. Ltd., and UPC Group among others substantially contribute to the market growth. New product launches & developments, partnerships, agreements, and acquisitions are some of the growth strategies adopted by the players to sustain in the competitive fumaric acid market during the forecast period.
A Full Report of Global Fumaric Acid Market is Available at: https://www.omrglobal.com/industry-reports/fumaric-acid-market
Market Coverage
Market number available for – 2020-2027
Base year- 2020
Forecast period- 2021-2027
Segment Covered- By Type and Applications
Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
Competitive Landscape – Merck Group, Nippon Shokubai Co. Ltd., Tate & Lyle PLC, The Chemical Co., Fuso Chemical Co. Ltd., and UPC Group among others
Global Fumaric Acid Market – Segmentation
By Type
Food Grade
Technical Grade
By Applications
Food & Beverage Additives
Personal Care & Cosmetics
Rosin Paper Sizing
Unsaturated Polyester Resin
Alkyd Resin
Other
Global Fumaric Acid Market – Segmentation by Region
North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Rest of the World
Reasons to Buying From us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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