Global Fumaric Acid Market Trends, Competitive Analysis, Research Report 2024

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Fumaric Acid Market Global Industry Analysis
Report, Share, Growth, Price Trends and Forecast,
2017 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Regional Analysis of Fumaric Acid Market

• Considering the regions, Asia Pacific was a
  noteworthy regional fumaric acid market on the
  basis of demand in 2016 and is expected to remain
  the same in the coming few years. In Asia
  Pacific, China witnessed the largest fumaric acid
  market demand owing to huge demand from the food
  beverages industry and growth of the plastic
  industry.
• Following Asia Pacific is the North America being
  another considerable regional fumaric acid market
  and is likely to witness a decline in the demand
  owing to the stringent government regulations
  regarding alkyd resin uses. In North America, the
  U.S. encompasses for the largest market demand
  for the product.
• Europe is also likely to foresee a decline in the
  regional fumaric acid market demand owing to
  stagnation and market saturation in the end-use
  industry.
• Due to growing food beverages industry in the
  Middle East, fumaric acid market is set to
  witness a steady growth in the forecast period.

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Application Analysis of Fumaric Acid Market

• On the basis of application, the global fumaric
  acid market is segmented as food beverages,
  rosin paper sizes, unsaturated polyester resins
  (UPR), alkyd resins, and others.
• The product is responsible for flavor
  enhancement, preservation and maintaining the pH
  level in food and beverages.
• The shift in the trend from unhealthy and junk
  eating to nutritional diet consumption and health
  consciousness among consumers is likely to
  influence the food processing industry.
• Also, the introduction of wide range of flavors
  in exotic and ethnic food and beverages will
  uplift the fumaric acid market in the coming
  years.
• Rosin paper sizes is one of the important segment
  driving the fumaric acid market.

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Competitive Market Share of Fumaric Acid Market

• Prominent players operating in the global fumaric
  acid market include Fuso Chemicals, Nippon
  Shokubai, Tianjin Bohai Chemicals, The Chemical
  Company, Wego Chemicals Mineral Corp, U.S.
  Chemicals, Changzhou Yabang Chemical, Xilong
  Chemical, Thirumalai Chemicals, Dastech
  International Incorporation, Polynt S.P.A,
  Prinova, BASF SE, Arkema and Huntsman Corporation
  to name a few.

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