Itaconic Acid Market Is Expected to Reach Us$ 204.6 Mn by 2023.Pdf

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Itaconic Acid Market- Global Industry Analysis

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Itaconic Acid Market is Expected to Reach US$ 204.6 Mn by 2023:TMR

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Passive Fire Protection Materials Market

REPORT DESCRIPTION

Itaconic Acid Market for Synthetic Latex, Unsaturated

Polyester Resins, Detergents, Superabsorbent Polymers (SAP),

and Other Applications - Global Industry Analysis, Size,

Share, Growth, Trends and Forecast 2015 - 2023

Transparency Market Research has published a new report titled “Itaconic Acid Market - Global

Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023”. According to the

report, the global itaconic acid market was valued at US$ 126.4 Mn in 2014 and is anticipated to

reach US$ 204.6 Mn by 2023, expanding at a CAGR of 5.5% between 2015 and 2023.

Itaconic acid is an important building block in the chemical industry. It is a white crystalline powder

and readily biodegrades in soil. Hence, it is an optimum substitute for petro-derived chemicals such

as acrylic acid, maleic anhydride, or acetone cyanohydrin in various end-user industries. The demand

for itaconic acid is high in the manufacturing of superabsorbent polymers (SAP). Itaconic acid is used

as a cross-linking agent due to its ability to efficiently take part in addition polymerization. SAP is

readily used in diapers, adult incontinence, and feminine hygiene products. It also finds large

application in seed coating, root dipping, ornamental gardens, food packaging, and artificial snow.

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Moreover, increasing demand for unsaturated polyester resins (UPR) in pipes, artificial stones,

electrical...