Bulkchemicals Market Reports Fumaric Acid Market Research Report, 2020

Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future Global Fumaric Acid Market Share, Size, Analysis, Growth, Trends and Forecasts, 2014 to 2020 | Hexa Research Global fumaric acid market size is anticipated to be valued at USD 764.8 million by 2020, as per a new research report by HexaResearch. Growing processed food demand coupled with RTD (ready-to-drink) beverages consumption is expected to drive market. Energy drink consumption by athletes coupled with innovation in flavors for food & beverages is likely to surge market growth. Fumaric acid used as an intermediate in unsaturated polyester resins (UPR) is set to grow owing to increasing infrastructure spending in countries such as China, India and Brazil. Stringent government regulations to curb carbon emissions are expected to challenge the industry. Food & beverages dominated the application segment with a market share of 34.3% in 2013. This application is likely to witness significant growth rates with an estimated CAGR of 7.0% up to 2020. Fumaric acid properties such as flavor enhancer, pH controlle r and micro-organism growth controller favor its demand in food & beverages. UPR application is Contact: [phone] Email : [email protected] Website: http://www.hexaresearch.com/