Fumaric Acid Market Analysis, Forecasts, Applications, Ongoing Trends, Growth Prospects & Challenges by 2020

Fumaric Acid Market Size, Share, Global Trends, Company Profiles,

Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation

and Forecast To 2020

Global fumaric acid market size is expected to reach 346.2 kilo tons by 2020, growing at a

CAGR of 5.9% from 2014 to 2020.

Increase in convenience food demand coupled with growing ready-to-drink (RTD) beverages is

expected to drive fumaric acid market over the next six years. Fumaric acid is used as an

acidulant to increase the shelf life in food & beverages application. It also provides pH

adjustment and flavor enhancing properties in food & beverages. Global fumaric acid prices are

estimated to be stable over the past few years owing to increasing demand of acidulants from

food & beverages industry.

Growing trend towards adoption of nutritional diet coupled with increasing health consciousness

among consumers is anticipated to drive healthy food & beverages consumption. This factor is

expected to positively influence the demand.

Complete report is available at: http://www.radiantinsights.com/research/fumaric-acidmarket

Global market is witnessing a shift towards energy drinks consumption coupled with

introduction of new ethnic and exotic flavors in food & beverages industry. Global decline in

average household size is expected to increase packaged food demand. Global beverage

consumption was more than 650,000 million liters in 2012 and is expected to cross 800,000

million liters by 2017. These factors are expected to drive demand for food & beverages

application.

Increasing unsaturated polyester resins (UPR) and paints demand from increasing infrastructure

spending coupled with growing automobile production particularly in countries such as China,

India and Brazil is likely to surge the demand. UPR is used in construction applications such as

anchoring grout, concrete, mortars and coatings whereas in automotive industry, it is used as

body filler for reconstruction and repair...