Fumaric Acid Market Analysis, Market Size, Share, Regional Outlook, Industry Trends, Competitive Strategies and Segment Forecast, 2012 to 2022

Hexa Research Inc.

Industry Research,Custom Research & Consulting

Fumaric Acid Market Analysis, Market Size, Share,

Regional Outlook, Industry Trends, Competitive Strategies

And Segment Forecast, 2012 To 2022

Industry Overview

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.

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Hexa Research Inc.

Industry Research,Custom Research & Consulting

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.

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...