Fumaric Acid Market Size, Industry Analysis Report, Regional Outlook Competitive Market Share & Forecast, 2017 – 2024

Global Fumaric Acid Market Size will observe a surge in demand owing to an expansion in the food processing industry. The product is white in color or colorless and available in dry powder, liquid and pellet large crystals.

Adoption of convenience food coupled with ready-to-drink beverages is enhancing the global fumaric acid demand. Changing lifestyles, increasing disposable income, developing economies, purchasing power parity, rising number of working women are some of the factors that has augmented global fumaric acid demand. The global food and beverages industry was valued over 3 trillion in 2016.

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Increasing demand for health and sport drinks is likely to augment further opportunity for global fumaric acid market in the forecast period. People by the day are getting health conscious to maintain a good and healthy lifestyle. Due to increasing number of diseases caused by unhealthy eating habits, people are getting more inclined towards consuming protein rich diet over junk food. Demand energy, cereals and nutritional bars is increasing rapidly which in turn is enhance the opportunities for fumaric acid market in near future.

Stringent environmental regulations associated with unsaturated and alkyd polyester resins in North America and Europe can majorly hamper the growth and impact the fumaric acid market in the forecast period. Furthermore, inhalation of the product may result in irritation and infection in nose and throat resulting in severe cold and sneezing. Over dosage of fumaric acid may also result in kidney damage.

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On the basis of application, the global fumaric acid market is segmented as food & beverages, rosin paper sizes, unsaturated polyester resins (UPR), alkyd resins, and others. The product is responsible for flavor enhancement, preservation and maintaining the pH level in food and beverages. The shift in the trend from unhealthy and junk eating to nutritional diet consumption and health consciousness among consumers is likely to influence the food processing industry. Also, the introduction of wide range of flavors in exotic and ethnic food and beverages will uplift the fumaric acid market in the coming years.

Reasons to Buy This Report:
1. Fumaric Acid Market size & share forecast by product & application 2017-2024
2. Growth drivers, pitfalls & industry challenges
3. Fumaric Acid Market growth opportunities & emerging business models
4. Competitive benchmarking with market share analysis and company profiles
Rosin paper sizes is one of the important segment driving the fumaric acid market. Due to rising usage of alkaline paper making which acts as a substitute to the rosin paper sizes, the market demand for rosin paper sizes is likely to decline in the forecast period. Unsaturated polyester resins (UPR) are expected to exhibit a decent growth over the forecast period owing to its increasing application in end-user industries such as tank & pipes, marine and aerospace.

The Fumaric Acid Market Report Consists of:
1. Methodology and Scope
2. Executive Summary
3. Fumaric Acid Industry Insights
4. Industry segmentation
5. Industry size, forecast and growth expectations, 2017 - 2024
6. Industry ecosystem analysis Raw material insights
7. Technology insights
8. Regulatory framework
9. Industry dynamics
10. Key growth opportunities
11. Porter's analysis
12. Company market share, 2017
13. PESTEL analysis
14. Regional price trends
15. Fumaric Acid Product Insights
16. Fumaric Acid Application Insights
17. Fumaric Acid Regional Insights
18. Competitor Profiles

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Prominent players operating in the global fumaric acid market include Fuso Chemicals, Nippon Shokubai, Tianjin Bohai Chemicals, The Chemical Company, Wego Chemicals & Mineral Corp, U.S. Chemicals, Changzhou Yabang Chemical, Xilong Chemical, Thirumalai Chemicals, Dastech International Incorporation, Polynt S.P.A, Prinova, BASF SE, Arkema and Huntsman Corporation to name a few.

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