Increasing Demand for Nylon 66 Presents Appreciable Growth Opportunity for Muconic Acid Market, Says Tmr

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Muconic Acid Market - Global Industry Analysis, Size,

Share, Growth, Trends and Forecast, 2014 - 2020

Published Date

08-Aug-2014

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Increasing Demand for Nylon 66 Presents Appreciable

Growth Opportunity for Muconic Acid Market, says TMR

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Muconic Acid Market

REPORT DESCRIPTION

Muconic Acid Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020

The current shift from synthetic to bio-based products has changed the dynamics of the global muconic acid

market. The three key players in the market are Santa Cruz Biotechnology, Myriant Corporation, and SigmaAldrich, holding a large share of the total market. The increasing use of muconic acid as an indirect raw

material in the carpet and textile industry is anticipated to augment the growth of muconic acid market globally,

reports Transparency Market Research in a new study.

Rise in Demand for Derivatives Escalates the Growth of Muconic Acid Market

An increase in the demand for adipic acid has been witnessed in response to high demand for nylon 66 fiber

and resin. This will successively shift the growth the of the global muconic acid market to high gear. Another

advantage of muconic acid is that it leads to lower carbon emission in the manufacturing of adipic acid as

compared to cyclohexane.

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The second largest derivative of muconic acid is caprolactam. Caprolactam is also used as a raw material in

nylon 66 production. Nylon 66 can potentially replace the use of metal in automobiles, making vehicles lighter

in weight. The growing demand for nylon 66 is anticipated to drive the adipic acid market, which in turn will

benefit...