Growing demand for convenience food and ready-to-drink (RTD) beverages is expected to drive Fumaric Acid Market
According to a recently published report by Brisk Insights, the Global Fumaric Acid Market is expected to grow at the CAGR of 8.4% during 2017-2025. The global antioxidants market is segmented on the basis of applications and geography. The report on global fumaric acid market (by application and geography) provides a detailed overview and predictive analysis of the market.
Full report available on Fumaric Acid Market: Global Industry Size, Growth, Share and Forecast to 2025 report at http://www.briskinsights.com/report/fumaric-acid-market
Health awareness among the population is growing and has changed the food consumption patterns of people. Busy lifestyle of people has led to high demand for processed foods and drinks. People now prefer nutrition over tasty food which has given rise to increased demand for packaged food products. Fumaric acid is used on a large scale in the food industry. Fumaric acid is used as a food additive, flavor enhancer and improves food quality. It is used as a preservative for packaged foods and is also used in manufacture of bakery, confectionary, desserts, etc. Growing consumption of ready to eat foods and confectionaries food & beverage industry is expected to boost high demand for fumaric acid in the market. Fumaric acid is used in the production of unsaturated polyester resins which are on high demand from the automobile and marine industry. Growing demand for vehicle coupled with rising disposable income of people are the major factors contributing to the growth of automobile industry. High demand for unsaturated polyesters from the automobile and marine industry is therefore expected to drive growth of global fumaric acid market.
Scope of the report
1. Global Fumaric Acid Market, by Application, 2015–2025 ($ Millon)
1.1. Food & Beverages
1.2. Unsaturated Polyester Resin (UPR)
1.3. Alkyd Resins
1.4. Printing Inks
1.5. Paper Sizing
1.6. Others (Animal Feed, Cleansing Agent, etc.)
2. Global Fumaric Acid Market, by Geography, 2015-2025 ($ Millon)
2.1. North America
2.2.3. Rest of Europe
2.3. Asia Pacific
2.3.3. Rest of Asia Pacific
2.4. Latin America (LATAM)
2.4.3. Rest of Latin America
2.5. Middle East and Africa (MEA)
2.5.2. Rest of Middle East and Africa
3. Company Profiles
3.1. AshImprovement Technology
3.2. Bartek Ingredients
3.3. Changzhou Yabang Chemical Co., Ltd
3.4. Dastech International Inc.
3.5. Fuso Chemicals
3.6. Nippon Shokubai Co., Ltd.
3.7. Polynt S.P.A.
3.8. Prinova LLC
3.9. Thirumalai Chemicals
3.10. Tianjin Bohai Chemicals