Los Angeles, CA -- (SBWire) -- 04/11/2019 --Itaconic Acid is a naturally occurring unsaturated 5-C dicarboxylic acid which is also known as methylenesuccinic acid or methylenebutanedioic acid . Itaconic acid was first described by Baup in 1836 when he discovered it as a product of citric acid distillation. Itaconic acid has the stoichiometric formula C5H6O4 and a molar weight of 130.1 g/mol. It exists as white to light beige crystals with a density of 1.573 g/mL at 25°C, a melting point of 165-168°C and a flash point of 268°C .
It dissolves in water up to 80.1 g/L at 20°C which makes it quite easy to purify by crystallization. In a recent study IA was also found to dissolve well in several alcohols including methanol, 2-propanol and ethanol with the solubility increasing with temperature. Itaconic acid is also readily biodegradable in nature. Itaconic acid is an important raw material in the chemicals industry, but it still occupies a niche market. The today's use of itaconic acid is in the production of lubricant additives, surface active agents, dye intermediates, plastics, synthetic rubber and resins and chemical fibers.
China is at present the largest supply market for Itaconic Acid, accounting for an estimated 76.15 percent share of global production in 2017. The country holds the supply and demand of itaconic acid from the viewpoint of production, manufacture, and worldwide competitiveness. The global Itaconic Acid market was 83 million US$ in 2018 and is expected to 120 million US$ by the end of 2025, growing at a CAGR of 4.3% between 2019 and 2025.
This report studies the Itaconic Acid market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Get PDF Version of this Report at https://www.qyresearch.com/sample-form/form/1076249/global-itaconic-acid-market
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Itaconic Acid in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Kehai Biochemistry
Guoguang Biochemistry
Huaming Biochemistry
Alpha Chemika
Zhongshun Science & Technology
By the product type, the market is primarily split into
Synthesis
Fermentation
By the end users/application, this report covers the following segments
Plasticizer
Lubricating Oil Additive
Benefits of Purchasing QY Research Report
Analyst Support: Get you query resolved from our expert analysts before and after purchasing the report
Customer's Satisfaction: Our expert team will assist with all your research needs and customize the report
Inimitable Expertise: Analysts will provide deep insights about the reports
Assured Quality: We focus on the quality and accuracy of the report
Get Full Report Now At https://www.qyresearch.com/settlement/pre/d17717dbdfca77bb25179c6532cf85a9,0,1,Global%20Itaconic%20Acid%20Market%20Report,%20History%20and%20Forecast%202014-2025,%20Breakdown%20Data%20by%20Manufacturers,%20Key%20Regions,%20Types%20and%20Application
About QYResearch
QYResearch always pursuits high product quality with the belief that quality is the soul of business. Through years of effort and supports from huge number of customer supports, QYResearch consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience. Today, QYResearch has become the brand of quality assurance in consulting industry.
Itaconic Acid Market Is Expected to Grow at a Cagr of 4.3% Between 2019 and 2025
Itaconic Acid Market research study stipulates a clear overview of the current market including the past and the projected future of market size concerning volume, technological advances, and economic elements in the market industry.