Methylidenesuccinic acid also named Itaconic acid, or methylidenesuccinic acid, is an organic compound. This dicarboxylic acid is a white solid that is soluble in water, ethanol, and acetone. Historically, itaconic acid was obtained by the distillation of citric acid, but currently it is produced by fermentation. The name itaconic acid was devised as an anagram of aconitic acid, another derivative of citric acid.
This report contains market size and forecasts of Methylidenesuccinic Acid in global, including the following market information:
Global Methylidenesuccinic Acid Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Methylidenesuccinic Acid Market Sales, 2017-2022, 2023-2028, (Kiloton)
Global top five Methylidenesuccinic Acid companies in 2021 (%)
The global Methylidenesuccinic Acid market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Synthesis Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Methylidenesuccinic Acid include Kehai Biochemistry, Guoguang Biochemistry, Huaming Biochemistry, Alpha Chemika and Zhongshun Science & Technology, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Methylidenesuccinic Acid manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Methylidenesuccinic Acid Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Methylidenesuccinic Acid Market Segment Percentages, by Type, 2021 (%)
Synthesis
Fermentation
Global Methylidenesuccinic Acid Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Methylidenesuccinic Acid Market Segment Percentages, by Application, 2021 (%)
Plasticizer
Lubricating Oil Additive
Others
Global Methylidenesuccinic Acid Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Methylidenesuccinic Acid Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Methylidenesuccinic Acid revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Methylidenesuccinic Acid revenues share in global market, 2021 (%)
Key companies Methylidenesuccinic Acid sales in global market, 2017-2022 (Estimated), (Kiloton)
Key companies Methylidenesuccinic Acid sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Kehai Biochemistry
Guoguang Biochemistry
Huaming Biochemistry
Alpha Chemika
Zhongshun Science & Technology