The global itaconic acid market size was USD 101.5 Million in 2022 and is expected to register a rapid revenue CAGR of 6.1% during the forecast period. Rising usage of bio-based unsaturated polyester resin, rising demand for itaconic acid due to their environmental-friendly and non-toxic properties, and technological advancements in bio-based pharmaceuticals are key factors driving market revenue growth.

The researchers have considered all the factors influencing the growth of the Itaconic Acid market on the global and regional scale. The report considers the COVID-19 pandemic as one of the key influencing factors of the Itaconic Acid market. The pandemic has disrupted the supply chains and economic scenario of the market and has hindered the growth of the market. The report discusses in detail the overall impact of the COVID-19 pandemic on the Itaconic Acid market and its key segments. The report also offers a current and future impact of the COVID-19 pandemic on the market.

 

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Competitive Outlook: The leading companies operating in the Itaconic Acid market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Itaconic Acid Market and Profiled in the Report are:

Itaconix Corporation, Jinan Huaming Biochemistry Co., Ltd., Aekyung Petrochemical Co., Ltd., Alpha Chemika, Citrus Food Additives Co., Ltd., Iwata Chemical Co., Ltd., Qingdao Langyatai Group Co., Ltd., Ronas Chemicals Ind. Co., Ltd., Shandong Kaison Biochemical Co., Ltd., and Zhejiang Guoguang Biochemistry Co., Ltd

Objectives of the Report:

Study of the global Itaconic Acid market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Itaconic Acid market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Competitive landscape benchmarking

Analysis of Itaconic Acid market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Itaconic Acid market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

 

  • Derivative Outlook (Revenue, USD Million; 2019–2032)

    • Methyl Methacrylate
    • Styrene Butadiene Itaconic Acid
    • Polyitaconic Acid
    • Others

  • Application Outlook (Revenue, USD Million; 2019–2032)

    • Chillant Dispersant Agent
    • SBR Latex
    • Superabsorbent Polymers
    • Synthetic Latex
    • Others

  • Regional Outlook (Revenue, USD Million; 2019–2032)

    • North America
      1. U.S.
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. France
      3. UK
      4. Italy
      5. Spain
      6. Benelux
      7. Rest of Europe
    • Asia Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East & Africa
      1. Saudi Arabia
      2. UAE
      3. South Africa
      4. Turkey
      5. Rest of Middle East & Africa

Regional Analysis:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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