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Fumaric Acid Market<br>
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Fumaric Acid Market To Reach USD 974.4 Million By 2027 www.reportsanddata.com
Market Summary The global Fumaric Acid market is forecast to reach USD 974.4 Million by 2027, according to a new report by Reports and Data. The growing popularity in the energy drinks among athletes and fitness conscious population has spurred the growth of the fumaric acid. The increase in the application of the acid in various end-use industries has encouraged its growth, particularly the boost from the food and beverage industry. The market product plays a crucial role in the manufacture of energy drink, for stabilizing the beverage and maintaining its quality over time. Further key findings from the reportsuggest Fumaric acid is used in oral pharmaceutical formulations and has been found useful in the treatment of psoriasis. Adults with moderate to severe psoriasis can be treated with fumaric acid esters. It is also used in treating patients with systemic lupus and severe disseminated granuloma annulare. The pharmaceutical sector is expected to grow with a CAGR of 5.0% during the forecast period. Currently, fumaric acid is produced chemically from maleic anhydride, which in turn is produced from butane. However, as petroleum prices rise rather quickly, maleic anhydride as a petroleum derivative increased its price as well. However, the current drastic fall in the price of petroleum during the COVID-19 crisis can propel the demand for the production of fumaric acid by maleic anhydride. • • www.reportsanddata.com
Market Summary KeyPlayers: Prinova LLC, Dastech International Inc., Bartek Ingredients, Polynt S.P.A, Thirumalai Chemicals, Fuso Chemicals, Xilong Chemical Company Ltd., Tianjin Bohai Chemicals, Nippon Shokubai Co. Ltd., and The Chemical Company, among others. Segmentation: Product Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026) Fumaria Officinalis Maleic Anhydride Fermentation Application Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026) Food Additive Rosin Paper Sizes Unsaturated Polyester Resins (UPR) Read More: https://www.reportsanddata.com/report-detail/fumaric-acid-market www.reportsanddata.com
Market Summary End-Users Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026) Food and Beverage Cosmetic Pharmaceutical Chemicals Regional Outlook for Artificial Intelligence (AI) in Construction Market analyses the following geographies: North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia, etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) www.reportsanddata.com
The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com
About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com