Fumaric Acid Market Global Trends, Market Share 2022 Growth Challenges, Opportunities and Future Trends 2028

Fumaric Acid Market was valued at USD 662.9 billion in 2022 and is expected to grow at a CAGR of 4% between 2022 and 2028. Fumaric acid, known as trans-butenedioic acid, is a white crystalline compound found in nature. It is the primary intermediate in the tricarboxylic acid cycle for the biosynthesis of organic acids in humans and other mammals. Like malic acid, fumaric acid helps in the production of energy from food in the form of ATP. It is the strongest organic food acid because it has a higher relative acidity than other acidulants. Therefore, it provides long lasting acidity and flavor as well as reduces the pH of minimal added acidity when used as a food additive. Commercially available in the form of dry powder, liquid or large pellet crystals, fumaric acid is also used in the manufacturing of medicine, animal feed, unsaturated polyester, cleaning agents and printing inks.

Top Major Key Players Industries

FUSO CHEMICAL CO., LTD.
Polynt
Bartek Ingredients Inc.
XST Biological Co., Ltd
Changmao Biochemical Engineering Company Limited

By Application

Food Additives
Rosin-Sized Sheathing Paper
Unsaturated Polyester Resins
Alkyd Resins
Others

By End-Use

Food and Beverages Industry
Cosmetics Industry
Pharmaceutical Industry
Chemical Industry
Others

Scope of the Report

The research study analyzes the global Fumaric Acid Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Fumaric Acid Market Report

1. What was the Fumaric Acid Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Fumaric Acid Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Fumaric Acid Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

The report covers the following objectives:
• Proliferation and maturation of trade in the global Fumaric Acid market.
• The market share of the global Fumaric Acid market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the global Fumaric Acid market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Fumaric Acid market.