Itaconic Acid Market is Growing Exponentially in Order to Gain More Demand by 2022
The [104 Pages Report] "Itaconic Acid Market by Derivative (Styrene Butadiene, Methyl Methacrylate, Polyitaconic Acid), Application (SBR Latex, Synthetic Latex, Chillant Dispersant Agent, Superabsorbent Polymer), and Region - Global Forecast to 2022" published by MarketsandMarkets™, the Itaconic Acid Market is projected to grow from USD 83.8 Million in 2017 to USD 102.3 Million by 2022, at a CAGR of 4.1% from 2017 to 2022. The increasing demand for bio-based unsaturated polyester resin and its non-toxic properties are fueling the growth of the Itaconic Acid Market across the globe.
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Table of Contents
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Macroeconomic Overview and Key Trends
7 IA Market, By Derivative
8 IA Market, By Application
9 IA Market, By Region
10 Competitive Landscape
11 Company Profiles
12 Appendix
Itaconix Corporation (UK), Qingdao Langyatai (China), Zhejiang Guoguang (China), Alpha Chemika (India), Shandong Kaison (China), Jinan Huaming (China), Iwata Chemical (Japan), Aekyung Petrochemical (South Korea), Ronas Chemical (China), and Chengdu Jinkai (China) are some of the leading players operating in the itaconic acid market. These players have been adopting various organic and inorganic growth strategies such as agreements, acquisitions, joint ventures, and expansions to enhance their market shares in the itaconic acid market.
The Asia Pacific itaconic acid market is projected to grow at the highest CAGR from 2017 to 2022. The growth of the Asia Pacific itaconic acid market can be attributed to the increasing demand for itaconic acid from countries such China, India, South Korea, Thailand, and Indonesia, among others, for use in various applications. Moreover, increasing FDI in various industries in these economies is also contributing to the growth of the Asia Pacific itaconic acid market.
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