Dublin, April 28, 2021 (Global News Agency)-ResearchAndMarkets.com has added the “Fumaric Acid Market: Global Industry Trends, Shares, Scale, Growth, Opportunities and Forecasts 2021-2026″ report to ResearchAndMarkets.com’s products. In 2020, the global fumaric acid market value will reach 660.9 million U.S. dollars. Looking forward to the next five years, the global fumaric acid market will show moderate growth.
Fumaric acid is a white or colorless crystalline compound with a fruit-like taste. Also known as trans-butenedioic acid, it occurs naturally in eukaryotes, bolete mushrooms, lichens, and Icelandic moss.
When the skin is exposed to sunlight, it is also produced by humans. Similar to malic acid, fumaric acid helps to generate energy from food in the form of ATP. It is the strongest organic edible acid because it has a higher relative acidity than other sour agents.
Therefore, when used as a food additive, it provides long-lasting sourness and flavor, and reduces pH with minimal sourness. Fumaric acid is commercially available in the form of dry powder, liquid or large-particle crystals. It is also used in the manufacture of medicines, animal feed, unsaturated polyesters, detergents and printing inks.
Drivers of the global fumaric acid market: Fumaric acid is used as an acidulant, pH controller and flavor enhancer in the food and beverage industry. The increasing popularity of processed foods and the increasing use of flavoring agents are increasing the global demand for fumaric acid.
In addition, the presence of carbon-carbon double bonds and two carboxyl groups makes fumaric acid chemically suitable for polymerization and esterification reactions. Therefore, it is widely used to produce durable, hard-structured, and chemically resistant alkyd resins and polyester resins.
Competitive landscape: The competitive landscape of the market was also checked with some major players:
According to the application, the market has been subdivided into food additives, rosin sizing paper, unsaturated polyester resin, alkyd resin and so on. Food additives are currently the largest application field. Breakdown by end use:
According to the end-use industry, the market has been subdivided into food and beverages, cosmetics, pharmaceuticals, chemicals, etc. Break down by geographic frontier:
In terms of geography, the market has been divided into the Asia-Pacific region, North America, Europe, the Middle East and Africa, and Latin America. Among them, the Asia-Pacific region is the largest market for fumaric acid, accounting for most of the global share.
Post time: Sep-06-2021