#Itaconic acid Market Trend

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Global Itaconic Acid Market Growth Drivers: Unraveling the Forces Behind Industry Expansion

Itaconic acid is an organic compound that is majorly used as a monomer in the production of synthetic latex, resins, and polyester. It offers high flexibility, resilience, biodegradability and low costs. The growing demand for green chemicals across various end-use industries such as construction, textiles, and paper has propelled the consumption of itaconic acid. The global itaconic acid market is estimated to be valued at US$ 134.1 Mn in 2024 and is expected to exhibit a CAGR of 4.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The growing use of itaconic acid in synthetic latex production presents a key market opportunity. Itaconic acid acts as an ideal comonomer in the manufacturing of synthetic latex which are increasingly replacing natural rubber latex across various applications owing to their superior performance characteristics. The consumption of synthetic latex has significantly grown across end use industries such as paper, paints & coatings and adhesives & sealants. With the growing demand for synthetic latex from these industries, the demand for itaconic acid as a major comonomer is also expected to surge substantially over the forecast period. The market players can capitalize on this opportunity by enhancing their production capacities and supply chain operations to cater to the rising needs of synthetic latex producers. Porter’s Analysis

Threat of new entrants: Itaconic acid market has high requirement of technical expertise and financial investment for production facilities which makes threat of new entrants moderate.

Bargaining power of buyers: Large number of established producers provide buyers with choice making their bargaining power moderate.

Bargaining power of suppliers: Raw materials for production of itaconic acid are commoditized and available from multiple sources making supplier power weak.

Threat of new substitutes: Itaconic acid has properties superior to substitutes making threat of substitution low.

Competitive rivalry: Intense competition exists among established producers for market share keeping rivalry high. SWOT Analysis Strength: Itaconic acid is bio-based, non-toxic and sustainable chemical with diverse applications. Varied end-use industries provide stability.

Weakness: High production cost limits penetration in price sensitive markets. Dependency on few producers for supply.

Opportunity: Growing demand for biodegradable and biobased products and packaging from industries like paints, construction and personal care offers opportunities.

Threats: Fluctuating raw material prices and availability affects production economics. Environmental regulations may affect production. Key Takeaways The global itaconic acid market is expected to witness high growth during the forecast period of 2023-2030. The market is driven by growing end-use industries, stringent environmental regulations favoring bio-based chemicals and expansion of production capacities by major players.

North America dominates the global market and is expected to maintain its lead through 2030 supported by strong production base and end-use industries in the region. Europe and Asia Pacific are expected to be fastest growing regions during the forecast period. Key players operating in the itaconic acid market are Itaconix Corporation, Jinan Huaming Biochemistry Co. Ltd., Iwata Chemical Co. Ltd, Qingdao Kehai Biochemistry Co., Ltd, Alpha Chemika, Aekyung Petrochemical Co., Ltd., Zhejiang Guoguang Biochemistry Co., Ltd., and Chengdu Jinkai Biological Engineering Co. Ltd. Major players are making significant investments in R&D and capacity expansions to capitalize on the projected growth opportunities in the market.

[chemicalsectorupdates]

Navigating Regulatory Frameworks in the Itaconic Acid Market

Itaconic Acid: A Versatile Platform Chemical for the Global Market Production and Applications of Itaconic Acid Itaconic acid is mainly produced through the fermentation process of certain fungi strains. Aspergillus itaconicus and Aspergillus terreus are the most commonly used fungal strains for industrial-scale production of itaconic acid through fermentation. The fermentation process involves growing the fungal culture in a growth medium containing various nutrients under controlled conditions. Glucose is predominantly used as the primary carbon source in the growth medium. After several days of fermentation, itaconic acid is extracted from the fermentation broth using various separation technologies. The global production of itaconic acid reached over 25,000 tons in 2021. China is currently the leading producer with over 60% share of global capacity. Other major producers include South Korea, Italy, Germany, and the United States. However, the demand is growing steadily at over 5% each year due to its wide range of applications. Major application areas of itaconic acid include polymers & resins, adhesives, sealants & coatings, and detergents & cleaners among others. Polymer and Resins Industry Remains Largest End-user The polymer and resins sector accounts for nearly 45% of the total itaconic acid consumption globally. Itaconic acid acts as an excellent comonomer for producing various specialty polymers like acrylic latexes, polyesters, and polyurethanes. It enhances various properties of polymers like adhesion, toughness, heat stability, and degradation resistance. Some key polymers where itaconic acid finds major usage include vinyl itaconate latexes, polyitaconates, and polyitaconate esters. Itaconic acid is also widely used in the production of unsaturated polyester resins (UPRs). As a co-monomer, it improves various properties of UPRs such as hydrolytic stability, weather resistance, and toughness. UPRs produced using itaconic acid exhibit superior water resistance, high strength, and resistance to cracking. They are extensively used in the manufacturing of fiberglass products, baths & showers, pipes & tanks, and other industrial applications. Adhesives Industry Offers Lucrative Opportunities The adhesives industry has emerged as another prominent end-user industry for itaconic acid, accounting for over 20% of global consumption. Itaconic acid acts both as a reactive diluent and co-monomer in improving the overall performance of adhesive formulations. When used as a co-monomer, it improves the adhesion strength of acrylic adhesives along with their heat resistance and aging properties. Detergents Industry Offers New Avenues for Growth Rising usage of itaconic acid as a co-monomer in the production of various detergent polymers is opening new growth areas. When copolymerized with acrylic acid, itaconate-based detergent polymers exhibit exceptional cleaning efficiency along with other properties like dispersibility and thickening ability. They are suitable for versatile applications in laundry detergents, automatic dishwasher detergents, industrial & institutional cleaners and hard surface cleaners. Regulatory Approvals and Capacity Expansions To tap growing opportunities, major itaconic acid producers are actively pursuing capacity expansions and new plant investments globally. In 2021, several large projects were announced in Asia and Europe expanding total annual capacity to beyond 50,000 tons by 2024. Besides, regulatory approvals are enabling new applications. Also, approval for usage in personal care products helped penetrate new markets. With its renewable and sustainable production via fermentation, itaconic acid is gaining preference over petrochemical-based alternatives. If favorable regulatory, economic and market conditions persist, analysts project global itaconic acid capacity to double and surpass 10 billion by 2030. The future certainly looks promising for itaconic acid to establish itself as a critical platform chemical globally.

[chemicalresearchupdates]

Itaconic Acid Market Overview: Growth Opportunities and Challenges

The itaconic acid market has gained immense traction in the recent years. Itaconic acid is a unsaturated organic acid produced by fermentation or chemical synthesis. It is used in the manufacturing of chemicals, resins and polymers that have applications in construction industry, paints & coatings and agriculture among others. Global itaconic acid market is estimated to be valued at US$ 134.1 Mn in 2024 and is expected to exhibit a CAGR of 4.1% over the forecast period 2023 to 2030.

Itaconic acid has properties such as biodegradability, UV stability and versatility which makes it suitable for use in the construction industry. It is used in the manufacturing of resins for concretes, adhesives and grouts which have high demand owing to rise in construction activities globally. Key Takeaways

Key players operating in the itaconic acid market are Itaconix Corporation, Jinan Huaming Biochemistry Co. Ltd., Qingdao Langyatai Group Co. Ltd., Zhejiang Guoguang Biochemistry Co., Ltd., Alpha Chemika, Chengdu Jinkai Biology Engineering Co., Ltd., Ronas Chemicals Ind. Co., Ltd., Iwata Chemical Co., Ltd., Shandong Kaison Biochemical Co., Ltd., Aekyung Petrochemical Co. Ltd., Spectrum Chemical Manufacturing Corp. Among these Itaconix Corporation is the largest producer of itaconic acid globally.

Demand for itaconic acid is rising at a faster pace owing to its increasing use in paints & coatings and construction chemicals industries. It is used as a co-monomer for synthesis of polymers and resins that have wide application in these end use industries.

Technological advancements are expanding the scope of applications for itaconic acid. Research is being conducted for developing techniques of producing itaconic acid from renewable resources sustainably through fermentation process which will further boost the market growth.

Market Trends

Growing preference for bio-based materials: With rising environmental concerns, manufacturers are focusing on developing bio-based and biodegradable alternatives to conventional petrochemical materials. Itaconic acid derived polymers are finding increased adoption as eco-friendly substitutes.

Product innovation through R&D: Companies are investing in R&D to expand the applications of itaconic acid in new end use industries like textiles, pharmaceuticals etc through development of novel polymers and resins using itaconic acid as monomer. This is expected to drive the future demand.

Market Opportunities

Untapped opportunities in Asia Pacific: The Asia Pacific region presents lucrative growth opportunities for itaconic acid market owing to rapidly expanding construction and coatings industries in China and India. Local players are establishing production facilities to cater to the rising regional demand.

Increasing demand from developing economies: Emerging economies like Latin America, Middle East, Africa are witnessing rise in infrastructure development activities. This will boost the use of itaconic acid based construction chemicals, thereby driving the market growth over the forecast period.

Impact of COVID-19 on Itaconic acid Market

The outbreak of the COVID-19 pandemic has significantly impacted the growth of the global itaconic acid market. With nationwide lockdowns imposed across various countries to curb the spread of the virus, both the supply and demand side of the itaconic acid market was disrupted. The lockdowns led to shutting down of manufacturing facilities and logistical issues hindered the supply chain of itaconic acid. This led to reduction in availability of raw materials and shortage of itaconic acid across various end-use industries like synthetic latex, unsaturated polyester resins, acrylic paints, adhesives, and coatings. On the demand side, closure of various facilities across end-use industries significantly lowered the consumption of itaconic acid. For instance, shutdown of automotive plants brought down the consumption of itaconic acid used in resin formulation. Similarly, reduced construction activities reduced the demand from unsaturated polyester resin industry. However, with eased lockdowns and resumption of industrial operations in late 2020 and 2021, the itaconic acid market is witnessing steady recovery. The demand is increasing from end-use industries as their production increases gradually. The suppliers are also stabilizing supply chains to cater to the growing demand. The market is expected to reach pre-pandemic levels in the coming years, supported by government initiatives to boost economies. Companies are pursuing strategies like capacity expansions and collaborations to strengthen their positions in the recovering market. Geographical regions with concentrated Itaconic acid market in terms of value

Currently, the itaconic acid market is concentrated in North America and Europe in terms of value. The USA and Germany have emerged as the major consumers of itaconic acid. This is attributed to strong presence of end-use industries like synthetic polymers, paints & coatings, agrochemicals in these regions. The growing construction activities along with increasing automotive production in North America and Western Europe has been driving the consumption of unsaturated polyester resins and paints & coatings, thereby supporting the demand for itaconic acid. Fastest growing region for Itaconic acid market

Asia Pacific region is expected to be the fastest growing market for itaconic acid during the forecast period. The growth can be attributed to increasing industrialization and urbanization in emerging countries like China and India. Factors like rising disposable incomes, growth in the automotive industry and infrastructure development are supporting the consumption of end-use products in the region. Additionally, manufacturing units being set up by key players in Asia to cater to the growing demand will further propel the itaconic acid market growth in the region over the coming years.

[marketinsightsenterprises]

Bio-based Itaconic Acid: The Future of Sustainable Chemicals

Bio-based itaconic acid, derived from renewable resources, is revolutionizing industries from bioplastics to pharmaceuticals. With rising environmental concerns and government regulations pushing for greener alternatives, the global market is set for rapid growth. Discover the key trends shaping the future of sustainable chemicals.

Learn more.

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[cmibloggers]

Global Itaconic Acid Market Is Estimated To Witness High Growth Owing To Growing Demand for Sustainable and Bio-based Chemicals

The global Itaconic Acid market is estimated to be valued at US$ 97.7 Mn in 2021 and is expected to exhibit a CAGR of 4.1% over the forecast period 2022-2030, as highlighted in a new report published by Coherent Market Insights. A) Market Overview: Itaconic acid is a white crystalline compound that is derived from renewable resources such as corn and sugarcane. It is used as a building block for various applications such as synthetic latex, superabsorbent polymers, unsaturated polyester resins, and others. The demand for Itaconic acid is driven by its eco-friendly nature, biodegradability, and the growing need for sustainable and bio-based chemicals in various industries. B) Market Key Trends: One key trend in the Itaconic Acid market is the increasing adoption of bio-based polymers in various applications. As the world moves towards a more sustainable future, industries are shifting towards bio-based materials to reduce their carbon footprint. Itaconic acid-based polymers offer excellent biodegradability and can replace petroleum-based polymers in various applications such as packaging, textiles, coatings, and adhesives. For example, Itaconix Corporation offers Itaconic Acid Polymeric Dispersions, which are used in household cleaning products as a replacement for conventional chemicals. C) PEST Analysis: Political: Government regulations promoting renewable and sustainable resources drive the demand for Itaconic acid. Economic: The increasing demand for bio-based materials and chemicals creates lucrative opportunities for the Itaconic Acid market. Social: Growing awareness about the environmental impact of petroleum-based chemicals fuels the adoption of Itaconic acid. Technological: Advances in biotechnology and fermentation processes enable cost-effective production of Itaconic acid from renewable resources. D) Key Takeaways: Paragraph 1: The global Itaconic Acid Market is expected to witness high growth, exhibiting a CAGR of 4.1% over the forecast period, due to increasing demand for sustainable and bio-based chemicals. The shift towards eco-friendly materials and the need to reduce carbon footprint in various industries are driving the demand for Itaconic acid. Paragraph 2: Asia Pacific is the fastest-growing and dominating region in the Itaconic Acid market. The region is witnessing rapid industrialization, increasing population, and growing environmental concerns, which drive the demand for sustainable chemicals. China and India are the key contributors to market growth in the region. Paragraph 3: Key players operating in the global Itaconic Acid market include Itaconix Corporation, Jinan Huaming Biochemistry Co. Ltd., Qingdao Langyatai Group Co. Ltd., Zhejiang Guoguang Biochemistry Co., Ltd., Alpha Chemika, Chengdu Jinkai Biology Engineering Co., Ltd., Ronas Chemicals Ind. Co., Ltd., Iwata Chemical Co., Ltd., Shandong Kaison Biochemical Co., Ltd., Aekyung Petrochemical Co. Ltd., Spectrum Chemical Manufacturing Corp., FUJIFILM Wakao Pure Chemical Corporation, Ultimate Chem India Pvt. Ltd., Choice Oraganochem Lip, and Alfa Aesar. In conclusion, the global Itaconic Acid market is witnessing high growth due to the increasing demand for sustainable and bio-based chemicals. The adoption of bio-based polymers and the shift towards eco-friendly materials are driving market growth. Asia Pacific is the fastest-growing region, with China and India leading the market. Key players in the market are focused on innovation and expanding their product portfolios to meet the growing demand for Itaconic acid and its derivatives.

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Bio-based itaconic acid market is expected to grow at a rate of 5.50% for the forecast period of 2020 to 2027.  Data Bridge Market Research report on bio-based itaconic acid  market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.

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Global Magnetic Beads Market Forecast 2022-2026 | Global Key Markets and Segment Performance Analysis

Itaconic Acid Market Overview:

The Itaconic Acid Market Size Analysis, 2021 market research report is in-depth, giving you all the information you need to make informed industry decisions and develop strategic growth plans. Regardless of the production method or cost structures, this report provides a full understanding of advanced tactics and plans.

The study covers the Itaconic Acid market's most recent revenue and market trends. It stresses a market overview, definition, and structure, as well as preventative and pre-planned management. The report focuses on the factors that influence the Itaconic Acid Market, such as gross margin, cost, market share, capacity utilization, and supply. It also aids in determining the future potential of the  Itaconic Acid  Market in the next years. The report presents a market overview through common subjects that are highlighted with unique data based on the need. This overview aids in making decisions about how to approach the market and comprehending the industry's backdrop.

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Market Scope:

The research examines the most important market trends and how they will affect new business investments and development in general. New technology, foreign entry, new rules, government investment, new uses, and other industry dynamics are all influenced by market trends. This study includes a detailed trend analysis to assist you in making educated industry decisions in the Itaconic Acid market.

The Itaconic Acid Industry 2021 Market Research Report provides exclusive key statistics, facts, information, trends, and competitive landscape insights in this particular field. The current situation of the Itaconic Acid market is examined, and the market is forecasted to 2027. Company profiles, product images and specs, capacity, production, price, cost, revenue, and contact information for global leading manufacturers of Itaconic Acid market share are likely to be included in the study. Raw materials and equipment are also available.

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Key players:

• Itaconix Corporation • Qingdao Langyatai • Alpha Chemika • Zhejiang Guoguang Biochemistry Co., Ltd. • Iwata Chemical Co., Ltd. • Jinan Huaming Biochemistry Co. Ltd. • Shandong Kaison Biochemical Co., Ltd. • Chengdu Jinkai Biology Engineering Co., Ltd. • Aekyung Petrochemical Co. Ltd. • Ronas Chemicals Ind. Co., Ltd. • Citrus Food Additives Co., Ltd. • Shandong Shunda • Ultimate Chem India Pvt. Ltd. • Shandong Zhongshun Science & Technology Development Co., Ltd. • Nanjing Huajin Healthcare Biologicals Co. Ltd. • Choice Organochem Llp. • FUSO CHEMICAL CO., LTD. • Alfa Aesar • Thermo Fisher Scientific • Merck KGaA • Henan Haofei Chemical Co.,Ltd. • Haihang Industry Co., Ltd

The research report focuses on the current market size of the Global Opioid-Induced Constipation Drug market and their growth rates, based on records and financial information with a company profile of major players/manufacturers.

Regional analysis:

Regional Insights in our studies ensure that you are well-versed in the Itaconic Acid market on a regional level. Any meaningful assessment of potential policy options in response to global market change requires a thorough understanding of local energy, economic, political, and geographic characteristics. The  Itaconic Acid market's operation has a substantial impact on local development plans. Our report allows us to conduct regional analyses while also accounting for the effects of the  Itaconic Acid market and local growth in other places. At the regional, national, and international levels, we conduct a wide spectrum of high-resolution regional research. We also offer POSTAL and PORTAL analyses to help you better understand the  Itaconic Acid market in a certain region. Our study also includes company profiles from various regions, as well as information on their business strategies and statistics.

COVID-19 Impact Analysis on Itaconic Acid Market:

The report has identified the detailed impact of COVID-19 on the  Itaconic Acid market in regions such as North America, Asia Pacific, Middle-East, Europe, and South America. The report provides a comprehensive analysis of alternatives, difficult conditions, and difficult scenarios of the  Itaconic Acid market during this crisis. The report briefly elaborates the advantages as well as the difficulties in terms of finance and market growth attained during the COVID-19. In addition, the report offers a set of concepts, which is expected to aid readers in deciding and planning a strategy for their business.

Key Questions Answered in the Itaconic Acid Market Report are:

Which product segment grabbed the largest share in the Itaconic Acid market?

How is the competitive scenario of the Itaconic Acid market?

Which are the key factors aiding the Itaconic Acid market growth?

Which region holds the maximum share in the Itaconic Acid market?

What will be the CAGR of the Itaconic Acid market during the forecast period?

Which application segment emerged as the leading segment in the Itaconic Acid market?

Which are the prominent players in the Itaconic Acid market?

What key trends are likely to emerge in the Itaconic Acid market in the coming years?

What will be the Itaconic Acid market size by 2027?

Which company held the largest share in the Itaconic Acid market?

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Itaconic Acid Market Growth Rate,Company Profiles, Revenue Share Analysis, 2020–2026

The Global Itaconic Acid Market report gives a holistic view of the prevalent trends in the industry, market valuation, and the leading vendors to help the readers assess the products and services, hence realizing their revenue generation goals and cost-effectiveness of their investment.

The global Itaconic Acid Market is forecast to reach USD 121.9 Million by 2026, according to a new report by Reports and Data. Itaconic Acid or methylidenesuccinic acid is an organic compound, which is soluble in water. This dicarboxylic acid is a white solid, and it is obtained by the distillation of citric acid. But currently, the fermentation process is more popular among the processes. This chemical has usage in SRB latex, synthetic latex, chillant dispersant agent, and superabsorbent polymers.

Increasing demand for bio-based unsaturated polyester resin are propelling the market growth.

The market for Itaconic Acid is influenced by the rising demand for skincare products, the evolution of environment friendly chemicals required by end-use industries, and increasing demand for bio-based unsaturated polyester resin.

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Top companies profiled in the report 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.

Itaconic Acid Industry Overview

The global materials & chemicals industry revenue growth can be majorly attributed to increasing demand for essential consumer goods including soaps, detergents, and beauty & personal care products worldwide, rising preference for sustainable and eco-friendly raw materials, and growing use of advanced chemicals and raw materials in industries including agriculture, food & beverage industries, buildings & construction, automotive, packaging, and manufacturing industries. Other major factors driving growth of this industry are rising pollution levels, increasing environmental awareness, increasing use of technologically advanced chemicals and materials, and rising demand for organic materials.

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Global Itaconic Acid Market Segmentation:

Process Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2026)

Synthesis

Fermentation

Derivatives Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2026)

Styrene Butadiene

Methyl Methacrylate

Polyitaconic Acid

Others

Applications Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2026)

SBR Latex

Synthetic Latex

Chillant Dispersant Agent

Superabsorbent Polymer

Others

Regional Analysis covers:

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

US

Canada

Mexico

Germany

Italy

UK

Rest of EU

India

China

Japan

South Korea

Rest of APAC

Brazil

Argentina

Rest of Latin America

Saudi Arabia

South Africa

UAE

Rest of MEA

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Reasons for Purchasing the Global Itaconic Acid Market Report:

The report gives a detailed description of different market elements and the changing competitive landscape, helping the reader gain a competitive edge.

It also takes a holistic approach to give a 360° view of the industry, listing the drivers and restraints existing in the market.

The Global Itaconic Acid Market intelligence report offers accurate market insights for a period of eight years, which have been derived after an in-depth evaluation of industry-wide data.

The data provided in the report is intended to help readers make business decisions to capitalize on the existing opportunities in the key market segments and sub-segments.

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[marketnewtrend]

New Analysis report of Itaconic Acid Market |Key Players and Growth Opportunities by 2027

Itaconic Acid is the type of bio-based product, also referred as methyl succinic acid, which is found by distillation process of citric acid, that is an organic component, and it is used for the production of acrylate latexes and acrylonitrile butadiene. Itaconic Acid Market is the niche market due to its limited consumption in various end use industries on availability of large number of substitute. Itaconic Acid is used for production of a styrene butadiene rubber, deodorants, adhesives, unsaturated polyesters, reinforced glass fibers, polyesters resins, fabric binders, ion exchange resins and organosiloxanes. Also, Itaconic Acid is applied for manufacturing of SBR latex, used in construction sector cement, motors, and coats.

Increase in trend of eco- friendly products due to increase in awareness towards green house emission is expected to boost the global itaconic acid market growth, during this forecast period. Itoconic acid is bio-degradable and non-toxic in nature which is used to manufacturing of sealants, finishing agents, paints and coatings, adhesives. Furthermore, rise in demand for the production of fiber reinforced polymer (FPR) composites, pipes, laminating resins, and electrical cabinets are expected to propel the global itaconic acid. Moreover, increase in usage of itconic acid in cosmetic products will have the global itaconic acid market growth.

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Market Key Players

Various key players are discussed in this report such as Qingdao Langyatai (Group) Co., Ltd, Chengdu Jinkai Biology Engineering Co., Ltd, Jinan Huaming Biological Technology Co., Ltd, Shandong Kaison Biochemical Co., Ltd, Zhejiang Guoguang Biochemistry Co., Ltd, and Others.

Market Taxonomy

By Type

Synthesis

Fermentation

By Application

Plasticizer

Lubricating     Oil Additive

Others

By Region

North     America

Latin     America

Europe

Asia     Pacific

Middle     East & Africa

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[petnews2day]

Biobased Chemicals, Materials, Polymers, Plastics, Paints & Coatings and Fuel Global Market to 2033

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Biobased Chemicals, Materials, Polymers, Plastics, Paints & Coatings and Fuel Global Market to 2033

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Dublin, Nov. 09, 2022 (GLOBE NEWSWIRE) — The “The Global Market for Biobased Chemicals, Materials, Polymers, Plastics, Paints & Coatings and Fuels to 2033” report has been added to ResearchAndMarkets.com’s offering.

Biobased materials refer to products that mainly consist of a substance (or substances) derived from living matter (biomass) and either occur naturally or are synthesized, or it may refer to products made by processes that use biomass. Materials from biomass sources include bulk chemicals, platform chemicals, solvents, polymers, and biocomposites.

The many processes to convert biomass components to value-added products and fuels can be classified broadly as biochemical or thermochemical.

In addition, biotechnological processes that rely mainly on plant breeding, fermentation, and conventional enzyme isolation also are used. New bio-based materials that may compete with conventional materials are emerging continually, and the opportunities to use them in existing and novel products are explored in this publication.

There is growing consumer demand and regulatory push for bio-based chemicals, materials, polymers, plastics, paints, coatings and fuels with high performance, good recyclability and biodegradable properties to underpin transition towards more sustainable manufacturing and products.

Contents include:

In-depth market analysis of bio-based chemical feedstocks, biopolymers, bioplastics, natural fibers and lignin, biofuels and bio-based coatings and paints.

Global production capacities, market volumes and trends,current and forecast to 2033.

Analysis of bio-based chemical including 11-Aminoundecanoic acid (11-AA), 1,4-Butanediol (1,4-BDO), Dodecanedioic acid (DDDA), Epichlorohydrin (ECH), Ethylene, Furan derivatives, 5-Chloromethylfurfural (5-CMF), 2,5-Furandicarboxylic acid (2,5-FDCA), Furandicarboxylic methyl ester (FDME), Isosorbide, Itaconic acid, 5 Hydroxymethyl furfural (HMF), Lactic acid (D-LA), Lactic acid – L-lactic acid (L-LA), Lactide, Levoglucosenone, Levulinic acid, Monoethylene glycol (MEG), Monopropylene glycol (MPG), Muconic acid, Naphtha, 1,5-Pentametylenediamine (DN5), 1,3-Propanediol (1,3-PDO), Sebacic acid and Succinic acid.

Analysis of synthetic bio-polymers and bio-plastics market including Polylactic acid (Bio-PLA), Polyethylene terephthalate (Bio-PET), Polytrimethylene terephthalate (Bio-PTT), Polyethylene furanoate (Bio-PEF), Polyamides (Bio-PA), Poly(butylene adipate-co-terephthalate) (Bio-PBAT), Polybutylene succinate (PBS) and copolymers, Polyethylene (Bio-PE), Polypropylene (Bio-PP)

Analysis of naturally produced bio-based polymers including Polyhydroxyalkanoates (PHA), Polysaccharides, Microfibrillated cellulose (MFC), Cellulose nanocrystals, Cellulose nanofibers, Protein-based bioplastics, Algal and fungal.

Analysis of market for biofuels.

Analysis of types of natural fibers including plant fibers, animal fibers including alternative leather, wool, silk fiber and down and polysaccharides.

Markets for natural fibers, including composites, aerospace, automotive, construction & building, sports & leisure, textiles, consumer products and packaging.

Production capacities of lignin producers.

In depth analysis of biorefinery lignin production.

Analysis of the market for bio-based, sustainable paints and coatings.

Analysis of types of bio-coatings and paints market. Including Alkyd coatings, Polyurethane coatings, Epoxy coatings, Acrylate resins, Polylactic acid (Bio-PLA), Polyhydroxyalkanoates (PHA), Cellulose, Rosins, Biobased carbon black, Lignin, Edible coatings, Protein-based biomaterials for coatings, Alginate etc.

Profiles of over 800 companies.

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Key Topics Covered:

1 EXECUTIVE SUMMARY

2 RESEARCH METHODOLOGY

3 THE GLOBAL PLASTICS MARKET 3.1 Global production 3.2 The importance of plastic 3.3 Issues with plastics use 3.4 Policy and regulations 3.5 The circular economy 3.6 Conventional polymer materials used in packaging 3.6.1 Polyolefins: Polypropylene and polyethylene 3.6.2 PET and other polyester polymers 3.6.3 Renewable and bio-based polymers for packaging 3.7 Comparison of synthetic fossil-based and bio-based polymers 3.8 End-of-life treatment of bioplastics

4 BIO-BASED CHEMICALS 4.1 Types 4.2 Production capacities 4.3 Bio-based adipic acid 4.4 11-Aminoundecanoic acid (11-AA) 4.5 1,4-Butanediol (1,4-BDO) 4.6 Dodecanedioic acid (DDDA) 4.7 Epichlorohydrin (ECH) 4.8 Ethylene 4.9 Furfural 4.10 5-Hydroxymethylfurfural (HMF) 4.11 5-Chloromethylfurfural (5-CMF) 4.12 2,5-Furandicarboxylic acid (2,5-FDCA) 4.13 Furandicarboxylic methyl ester (FDME) 4.14 Isosorbide 4.15 Itaconic acid 4.16 3-Hydroxypropionic acid (3-HP) 4.17 5 Hydroxymethyl furfural (HMF) 4.18 Lactic acid (D-LA) 4.19 Lactic acid – L-lactic acid (L-LA) 4.20 Lactide 4.21 Levoglucosenone 4.22 Levulinic acid 4.23 Monoethylene glycol (MEG) 4.24 Monopropylene glycol (MPG) 4.25 Muconic acid 4.26 Naphtha 4.27 Pentamethylene diisocyanate 4.28 1,3-Propanediol (1,3-PDO) 4.29 Sebacic acid 4.30 Succinic acid (SA)

5 BIOPOLYMERS AND BIOPLASTICS 5.1 Bio-based or renewable plastics 5.1.1 Drop-in bio-based plastics 5.1.2 Novel bio-based plastics 5.2 Biodegradable and compostable plastics 5.2.1 Biodegradability 5.2.2 Compostability 5.3 Advantages and disadvantages 5.4 Types of Bio-based and/or Biodegradable Plastics 5.5 Market leaders by biobased and/or biodegradable plastic types 5.6 Regional/country production capacities, by main types 5.6.1 Bio-based Polyethylene (Bio-PE) production capacities, by country 5.6.2 Bio-based Polyethylene terephthalate (Bio-PET) production capacities, by country 5.6.3 Bio-based polyamides (Bio-PA) production capacities, by country 5.6.4 Bio-based Polypropylene (Bio-PP) production capacities, by country 5.6.5 Bio-based Polytrimethylene terephthalate (Bio-PTT) production capacities, by country 5.6.6 Bio-based Poly(butylene adipate-co-terephthalate) (PBAT) production capacities, by country 5.6.7 Bio-based Polybutylene succinate (PBS) production capacities, by country 5.6.8 Bio-based Polylactic acid (PLA) production capacities, by country 5.6.9 Polyhydroxyalkanoates (PHA) production capacities, by country 5.6.10 Starch blends production capacities, by country 5.7 SYNTHETIC BIO-BASED POLYMERS 5.7.1 Polylactic acid (Bio-PLA) 5.7.1.1 Market analysis 5.7.1.2 Producers 5.7.2 Polyethylene terephthalate (Bio-PET) 5.7.2.1 Market analysis 5.7.2.2 Producers 5.7.3 Polytrimethylene terephthalate (Bio-PTT) 5.7.3.1 Market analysis 5.7.3.2 Producers 5.7.4 Polyethylene furanoate (Bio-PEF) 5.7.4.1 Market analysis 5.7.4.2 Comparative properties to PET 5.7.4.3 Producers 5.7.5 Polyamides (Bio-PA) 5.7.5.1 Market analysis 5.7.5.2 Producers 5.7.6 Poly(butylene adipate-co-terephthalate) (Bio-PBAT) 5.7.6.1 Market analysis 5.7.6.2 Producers 5.7.7 Polybutylene succinate (PBS) and copolymers 5.7.7.1 Market analysis 5.7.7.2 Producers 5.7.8 Polyethylene (Bio-PE) 5.7.8.1 Market analysis 5.7.8.2 Producers 5.7.9 Polypropylene (Bio-PP) 5.7.9.1 Market analysis 5.7.9.2 Producers 5.8 NATURAL BIO-BASED POLYMERS 5.8.1 Polyhydroxyalkanoates (PHA) 5.8.1.1 Types 5.8.1.2 Synthesis and production processes 5.8.1.3 Market analysis 5.8.1.4 Commercially available PHAs 5.8.1.5 Markets for PHAs 5.8.1.6 Producers 5.8.2 Polysaccharides 5.8.2.1 Microfibrillated cellulose (MFC) 5.8.2.2 Cellulose nanocrystals 5.8.2.3 Cellulose nanofibers 5.8.2.4 Bacterial Nanocellulose (BNC) 5.8.3 Protein-based bioplastics 5.8.3.1 Types, applications and producers 5.8.4 Algal and fungal 5.8.4.1 Algal 5.8.4.2 Mycelium 5.8.5 Chitosan 5.8.6 Microplastics alternatives 5.9 PRODUCTION OF BIOBASED AND SUSTAINABLE PLASTICS, BY REGION 5.9.1 North America 5.9.2 Europe 5.9.3 Asia-Pacific 5.9.3.1 China 5.9.3.2 Japan 5.9.3.3 Thailand 5.9.3.4 Indonesia 5.9.4 Latin America 5.10 MARKET SEGMENTATION OF BIOPLASTICS 5.10.1 Packaging 5.10.2 Consumer products 5.10.3 Automotive 5.10.4 Building & construction 5.10.5 Textiles 5.10.6 Electronics 5.10.7 Agriculture and horticulture 5.11 BIO-BASED CHEMICALS, BIOPOLYMERS AND BIOPLASTICS COMPANY PROFILES (325 company profiles)

6 NATURAL FIBERS 6.1 Manufacturing method, matrix materials and applications of natural fibers 6.2 Advantages of natural fibers 6.3 Commercially available next-gen natural fiber products 6.4 Market drivers for next-gen natural fibers 6.5 Challenges 6.6 Plants (cellulose, lignocellulose) 6.6.1 Seed fibers 6.6.1.1 Cotton 6.6.1.2 Kapok 6.6.1.3 Luffa 6.6.2 Bast fibers 6.6.2.1 Jute 6.6.2.2 Hemp 6.6.2.3 Flax 6.6.2.4 Ramie 6.6.2.5 Kenaf 6.6.3 Leaf fibers 6.6.3.1 Sisal 6.6.3.2 Abaca 6.6.4 Fruit fibers 6.6.4.1 Coir 6.6.4.2 Banana 6.6.4.3 Pineapple 6.6.5 Stalk fibers from agricultural residues 6.6.5.1 Rice fiber 6.6.5.2 Corn 6.6.6 Cane, grasses and reed 6.6.6.1 Switch grass 6.6.6.2 Sugarcane (agricultural residues) 6.6.6.3 Bamboo 6.6.6.4 Fresh grass (green biorefinery) 6.6.7 Modified natural polymers 6.6.7.1 Mycelium 6.6.7.2 Chitosan 6.6.7.3 Alginate 6.7 Animal (fibrous protein) 6.7.1 Wool 6.7.1.1 Alternative wool materials 6.7.1.2 Producers 6.7.2 Silk fiber 6.7.2.1 Alternative silk materials 6.7.3 Leather 6.7.3.1 Alternative leather materials 6.7.4 Fur 6.7.4.1 Producers 6.7.5 Down 6.7.5.1 Alternative down materials 6.8 MARKETS FOR NATURAL FIBERS 6.8.1 Composites 6.8.2 Applications 6.8.3 Natural fiber injection moulding compounds 6.8.3.1 Properties 6.8.3.2 Applications 6.8.4 Non-woven natural fiber mat composites 6.8.4.1 Automotive 6.8.4.2 Applications 6.8.5 Aligned natural fiber-reinforced composites 6.8.6 Natural fiber biobased polymer compounds 6.8.7 Natural fiber biobased polymer non-woven mats 6.8.7.1 Flax 6.8.7.2 Kenaf 6.8.8 Natural fiber thermoset bioresin composites 6.8.9 Aerospace 6.8.9.1 Market overview 6.8.10 Automotive 6.8.10.1 Market overview 6.8.10.2 Applications of natural fibers 6.8.11 Building/construction 6.8.11.1 Market overview 6.8.11.2 Applications of natural fibers 6.8.12 Sports and leisure 6.8.12.1 Market overview 6.8.13 Textiles 6.8.13.1 Market overview 6.8.13.2 Consumer apparel 6.8.13.3 Geotextiles 6.8.14 Packaging 6.8.14.1 Market overview 6.9 NATURAL FIBERS GLOBAL PRODUCTION 6.9.1 Overall global fibers market 6.9.2 Plant-based fiber production 6.9.3 Animal-based natural fiber production 6.10 NATURAL FIBER COMPANY PROFILES (178 company profiles)

7 LIGNIN 7.1 INTRODUCTION 7.2 LIGNIN PRODUCTON PROCESSES 7.3 MARKETS FOR LIGNIN 7.4 COMPANY PROFILES (75 company profiles)

8 BIOBASED AND RENEWABLE FUELS 8.1 BIOFUELS 8.2 ELECTROFUELS (E-FUELS) 8.3 GREEN AMMONIA 8.4 COMPANY PROFILES (114 company profiles)

9 BIO-BASED PAINTS AND COATINGS 9.1 The global paints and coatings market 9.2 Bio-based paints and coatings 9.3 Challenges using bio-based paints and coatings 9.4 Types of bio-based coatings and materials 9.5 Market for bio-based paints and coatings 9.6 Company profiles (130 company profiles)

10 REFERENCES

For more information about this report visit https://www.researchandmarkets.com/r/dbzix6

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Global Organic Acids Market Outlook: Ken Research

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Organic acids are organic compounds having weak acidic properties and do not dissolve completely in water. They essentially have carbon and hydrogen atoms in their structure. These acids are found naturally in plants and animals. For instance, Acetic acid (found originally in vinegar), citric acid (present in lemon), lactic acid (found in milk), and many more. Since these are naturally occurring acids, they can be consumed by humans in a raw state and are not required to go through any process in the laboratory.

According to the research report, ‘Global Organic Acids Market Report 2020 by key players, Types, Applications, Countries, Market Size, Forecast to 2026 (based on 2020 COVID-19 Worldwide Spread)’ states that Archer Daniels Midland Company, E. I. du Pont de Nemours and Company, Celanese Corporation, Eastman Chemical Company, Corbion N.V., Cargill, BASF SE, Henan Jindan Lactic Acid Technology Co. Ltd, BioAmber Inc., Koninklijke DSM N.V., The Dow Chemical Company, Polynt- Reichhold, Myriant Corporation, Tate & Lyle PLC., are some of the top leading players driving the industry. The report presents an inclusive study of important sections like corporation trends (under covid-19), industry news and policies, cost structure analysis, sales, and marketing model, and much more. The report further includes company profiling of each player based on parameters such as a company overview, Production Capacity, Revenue, Key business offerings, financial performance, Risk analysis, Recent developments, regional presence, and SWOT analysis. The report further tells how far along the player stands in the competition and the key strategies these companies make to stay in the competition.

Additionally, the report also has sections focusing primarily on the market as a whole before and after covid-19 such as market dynamics, market synopsis, and market trends (historic and current). Along with this, it also throws light on the consequences of covid 19 by discussing application details, forecast predictions, data on sales and demand, recent technologies, various features of the market, and investment opportunities that can be tapped. The report also mentions several growth driving incentives, challenges, and restraints of the market.

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The global market is further classified into various segments stated as: Based on type - Acetic Acid, Citric Acid, Formic Acid, Lactic Acid, Itaconic Acid, Succinic Acid, Gluconic Acid, Ascorbic Acid, Fumaric Acid, and Propionic Acid. Based on application - Food & Beverage, Animal Feed, Chemical & Industrial, Pharmaceuticals, Personal Care, Agriculture, and Others. Based on the geographical region - North America (the United States, Canada, and Mexico; Europe ( Germany, UK, France, Italy, Spain, Russia, and others; Asia Pacific region (China, Japan, South Korea, Australia, India); Southeast Asia; countries of the Middle East and Africa( Saudi Arabia, UAE, Egypt, Nigeria, South Africa, and others); South American region ( Brazil, Colombia, Chile, Argentina, and others).

In the forthcoming years, the global organic acid market will continue to rise and is expected to reach a value in terms of revenue of USD million by the end of 2026 at a double-digit CAGR during the evaluation period of 2020-2026. The increasing use of organic acids in the food and beverages industry will act as a catalyst in increasing the global demand for organic acids and thus leading the market to grow.

For More Information, refer to below link:-

Global Organic Acids Market Research Report

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