The "Itaconic Acid Market by Derivative (Styrene Butadiene, Methyl Methacrylate,
Polyitaconic Acid), Application (SBR Latex, Synthetic Latex, Chillant Dispersant Agent,
Superabsorbent Polymer), and Region - Global Forecast to 2022" published by
MarketsandMarkets™, the Itaconic Acid Market is projected to grow from USD 83.8 Million
in 2017 to USD 102.3 Million by 2022, at a CAGR of 4.1% from 2017 to 2022. The increasing
demand for bio-based unsaturated polyester resin and its non-toxic properties are fueling
the growth of the Itaconic Acid Market across the globe.
Browse 82 market data Tables and 37 Figures spread through 104 Pages and in-depth TOC
on "Itaconic Acid Market"
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Based on derivative, the styrene butadiene itaconic acid segment is estimated to
account for the largest share of the Itaconic Acid Market in 2017, in terms of value.
Styrene butadiene itaconic acid is the first level derivative, which possesses superior
characteristics, including improved bond & tensile strength, reduction in the use of
expensive coating color additive, good adhesion, etc. It is used in the production of SBR
latex, as itaconic acid exhibits various properties, making it one of the preferred products.
China and Japan are some of the major paper producing economies utilizing large volumes
of coating materials in the paper industry. APAC and Europe are the major consumers of
the styrene butadiene itaconic acid derivative in the latex application.
The superabsorbent polymers application segment of the Itaconic Acid Market is
projected to grow at the highest CAGR from 2017 to 2022.