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Fumaric Acid Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)

06-23-2023 07:47 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Fumaric Acid Market is Anticipated to Increase at a Stable CAGR

The global Fumaric Acid market is anticipated to grow significantly at a CAGR of 5.3% over the forecast period. 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.

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.

To Request a Sample of our Report on Fumaric Acid Market: https://www.omrglobal.com/request-sample/fumaric-acid-market

Market Coverage

Market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
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


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
A full Report of Fumaric Acid Market is Available at: https://www.omrglobal.com/industry-reports/fumaric-acid-market

Fumaric Acid Market - Segmentation by Region

North America

United States
Canada
Europe

UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific

India
China
Japan
South Korea
Rest of APAC
Rest of the World

Latin America
Middle East & Africa
Company Profiles

AIE Pharmaceuticals Inc.
Bartek Ingredients Inc.
Changzhou Yabang Chemical Co. Ltd.
ESIM Chemicals
Fuso Chemical Co. Ltd.
Merck Group
Nippon Shokubai Co. Ltd.
Penta Manufacturing Co
Polynt S.P.A.
Prinova LLC
Tate & Lyle PLC
TCI America, Inc.
The Chemical Co.
Reasons to buy 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.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/fumaric-acid-market

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https://perualdia.net/analisis-de-mercado-de-servicios-para-el-hogar-a-pedido-tamano-escenario-actual-y-perspectivas-futuras/

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

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. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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