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Fumaric Acid Market Size 2019-2024 Analyzed by Business Growth, Development Factors, Applications, and Future Prospects

Author : Ronak Bora | Published Date : 2019-05-27 

An analysis of Fumaric Acid Market Size has been provided in the latest report introduced by Global Market Insights, Inc. that primarily focuses on the market trends, demand spectrum, and prospects of this industry over the forecast period. Furthermore, the report provides a detailed statistical overview in terms of trends outlining the geographical opportunities and contributions by prominent industry share contenders.

Increasing demand for health and sport drinks is likely to augment further opportunity for global fumaric acid market in the forecast period. People by the day are getting health conscious to maintain a good and healthy lifestyle. Due to increasing number of diseases caused by unhealthy eating habits, people are getting more inclined towards consuming protein rich diet over junk food. Demand energy, cereals and nutritional bars is increasing rapidly which in turn is enhance the opportunities for fumaric acid market in near future.

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Stringent environmental regulations associated with unsaturated and alkyd polyester resins in North America and Europe can majorly hamper the growth and impact the fumaric acid market in the forecast period. Furthermore, inhalation of the product may result in irritation and infection in nose and throat resulting in severe cold and sneezing. Over dosage of fumaric acid may also result in kidney damage.

On the basis of application, the global fumaric acid market is segmented as food & beverages, rosin paper sizes, unsaturated polyester resins (UPR), alkyd resins, and others. The product is responsible for flavor enhancement, preservation and maintaining the pH level in food and beverages. The shift in the trend from unhealthy and junk eating to nutritional diet consumption and health consciousness among consumers is likely to influence the food processing industry. Also, the introduction of wide range of flavors in exotic and ethnic food and beverages will uplift the fumaric acid market in the coming years.

Considering the regions, Asia Pacific was a noteworthy regional fumaric acid market on the basis of demand in 2016 and is expected to remain the same in the coming few years. In Asia Pacific, China witnessed the largest fumaric acid market demand owing to huge demand from the food & beverages industry and growth of the plastic industry. Growing remodeling and construction activities in the Asia Pacific is set to boost the regional fumaric acid demand.

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Prominent players operating in the global fumaric acid market include Fuso Chemicals, Nippon Shokubai, Tianjin Bohai Chemicals, The Chemical Company, Wego Chemicals & Mineral Corp, U.S. Chemicals, Changzhou Yabang Chemical, Xilong Chemical, Thirumalai Chemicals, Dastech International Incorporation, Polynt S.P.A, Prinova, BASF SE, Arkema and Huntsman Corporation to name a few.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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