Press release
Fumaric Acid Market: Global Industry Analysis and Forecast 2021-2026
Stratview Research has announced a new report on the Fumaric Acid Market. According to the report, the market size is likely to witness a healthy CAGR of 4% during the forecast period. The constantly growing applications of fumaric acid in food and beverage industry, rising standard of living of people and economic development, especially in countries such as India and China are likely to contribute towards the market growth over the forecast period.Market Segmentation
The Fumaric Acid Market is segmented by Product Type (Food Grade, Technical Grade), by Application Type (Food and Beverage Processing, Rosin Paper Sizing, Unsaturated Polyester Resin, Alkyd Resin, Personal Care & Cosmetics, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
According to the report, the market is segmented as food and beverage processing, rosin paper sizing, unsaturated polyester resin, alkyd resin, personal care & cosmetics, and others. The food and beverage processing segment is likely to dominate the market, as fumaric acid is the majorly used food additive for keeping processed food stable. Also, this additive decreases the pH value with minimum additional sourness.
In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest-growing market for fumaric acid market during the forecast period, driven by China. Also, high demand for packed foods, increasing per-capita income, and growing population to also contribute towards the region’s growth over the next five years.
How stakeholders can benefit from this report –
This report covers a thorough analysis of the following segments:
- Fumaric Acid Market Dynamics.
- Market Size and forecast from 2021 till 2026.
- Supply & Demand Value Chain.
- Fumaric Acid Market Current Trends/Issues/Challenges.
- Competition & Companies involved.
- Effecting Technology.
- Fumaric Acid Market Drivers and Restraints.
Research Methodology
The report provides a thorough analysis that reflects today’s Fumaric Acid Market realities and future market possibilities. The information provided in the report can play a crucial role for the users as well as investors, or those who are planning to step into the industry, in formulating the growth strategies to expedite their growth process.
Experts at Stratview have compiled this report after following a detailed research methodology comprising secondary research, and primary interviews with industry stakeholders. Several authenticated sources such as company annual reports, fact books, press releases, white papers, and articles have been leveraged to gather the data.
Key Players
The following are the key players in the Fumaric Acid Market.
• Anmol Chemicals
• Bartek Ingredients Inc.
• ESIM Chemicals
• FUSO CHEMICAL CO. LTD
• Merck KGaA
• Polynt
• Shanghai Changmao Biochemical Engineering Co., Ltd..
• Thirumalai Chemicals Ltd,
• UPC Group
• Yongsan Chemicals Inc.
Read More: https://www.stratviewresearch.com/1282/fumaric-acid-market.html
Report Customization Options
With this detailed report, Stratview Research also offers one of the following (complementary) customization options to our valued clients:
- Company Profiling -Detailed profiling of additional market players (up to three players)
- Competitive Benchmarking - Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.
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Custom Research: Stratview Research offers custom research services across the sectors. In case of any custom research requirement or any further query related to the report, please send your inquiries to sales@stratviewresearch.com. You may also connect with our market experts at +1-313-307-4176.
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