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Bio-based Malonic Acid market is projected to reach US$ 144.6 million in 2029, increasing from US$ 1 million in 2022, with the CAGR of 125.5% - Valuates Reports
Bio-based Malonic Acid market is projected to reach US$ 144.6 million in 2029, increasing from US$ 1 million in 2022, with the CAGR of 125.5% during the period of 2023 to 2029.Get sample report - https://reports.valuates.com/request/sample/QYRE-Auto-3B14366/Global_Bio_based_Malonic_Acid_Market_Research_Report_2023
Bio-based malonic acid is a chemical compound that is derived from renewable sources such as sugar beet molasses, sugarcane bagasse, wheat bran, and other biomass.
global Bio-based Malonic Acid market is projected to reach US$ 144.6 million in 2029, increasing from US$ 1 million in 2022, with the CAGR of 125.5% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Bio-based Malonic Acid market research.
Bio-based malonic acid is a highly versatile platform chemical that may be used as an intermediate in a number different industries, including fragrance, electronics, R&D chemicals, and more. Petroleum-based malonic acid is solely manufactured in China using the toxic intermediates, cyanide and chloroacetic acid. In contrast, Lygos' proprietary process produces Bio-Malonic Acid™ ultimately from carbon dioxide.
Segment by Type
Chunks
Powder
Crystals
Segment by Application
Flavors
Industrial Materials
Electronics
Others
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