Itaconic Acid Market Size, Company Revenue Share, Key Drivers & Trend Analysis, 2028

Itaconic Acid Market Size, Company Revenue Share, Key Drivers & Trend Analysis, 2028

Reports and Data estimates the global Itaconic Acid Market competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2028 as the forecast period. The report offers CAGR and market size for the global Itaconic Acid Market during the forecast period.

The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include Itaconix Corporation, Qingdao Langyatai Group Co., Ltd., Zhejiang Guoguang Biochemistry Co., Ltd., Jinan Huaming Biochemistry Co. Ltd., Iwata Chemical Co., Ltd., Alpha Chemika, Shandong Kaison Biochemical Co., Ltd., Aekyung Petrochemical Co. Ltd., Chengdu Jinkai Biology Engineering Co., Ltd., and Ronas Chemicals Ind. Co., Ltd. among others.

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Itaconic Acid Market Overview :-

Increasing applications of itaconic acid in the chemical industries are one of the driving factors that have propelled the growth of the global itaconic acid market. The products of the market are largely used in various coating applications, absorbent hygiene products, matting, flooring, and coating application. Growing concerns over shrinking fossil fuel resources, research developments are being made to produce chemicals from biomass feedstock. Biodegradability in soil and non-toxicity are the key factors driving itaconic acid market growth. India, China, and Thailand are some of the major exporters of the itaconic acid.

Europe is a key region for the itaconic acid market and is likely to witness a consistent growth during the forecast period owing to the personal care industry expansion accompanied by rising preference for bio-based products. Moreover, advancements in technologies which are being developed across the region are further driving the growth of this market. The different key players in Europe are focusing on new technological developments to support the growth of the market for itaconic acid in the region.

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For the purpose of this report Reports and Data has segmented global Itaconic Acid Market market on the basis of type, application, and region:

Process Outlook (Volume, Kilo Tons; Revenue, USD Million; 2018-2028)

  • Synthesis
  • Fermentation

Derivatives Outlook (Volume, Kilo Tons; Revenue, USD Million; 2018-2028)

  • Styrene Butadiene
  • Methyl Methacrylate
  • Polyitaconic Acid
  • Others

Applications Outlook (Volume, Kilo Tons; Revenue, USD Million; 2018-2028)

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

Key Regional Markets Covered in the Report:

  • North America (U.S.A., Canada, Mexico)
  • Europe (Italy, U.K., Germany, France, Rest of Europe)
  • Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
  • Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)


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Key Questions answered by the Report:

  • What is the expected year-on-year growth of the Itaconic Acid Market during the forecast period?
  • What key trends are expected influence revenue growth of the market going ahead?
  • Which region is expected to account for largest revenue share over the forecast period?
  • Which key companies are profiled in the report?


Thanks for reading our report. For more details on customization, please connect with us to know more and our team will ensure the report is well suited to your needs.

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About Reports and Data 

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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