Global Itaconic Acid Market 2018 Forecast to 2022 by Derivative and Application - Market to Reach $102.3 Million - ResearchAndMarkets.com

DUBLIN--()--The "Itaconic Acid Market by Derivative (Styrene Butadiene, Methyl Methacrylate, Polyitaconic Acid), Application (SBR Latex, Synthetic Latex, Chillant Dispersant Agent, Superabsorbent Polymer), and Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.

The itaconic acid market is projected to grow from USD 83.8 Million in 2017 to USD 102.3 Million by 2022, at a CAGR of 4.1% from 2017 to 2022.

The itaconic acid market has been segmented based on derivative into styrene butadiene itaconic acid, methyl methacrylate, polyitaconic acid, and others. Styrene butadiene itaconic acid offers an excellent bond, improved tensile strength, frothing machinability & binder strength, and possesses and flexural and anti-oxidation properties. This results in smoothness, glossy finish, and reduction in the use of expensive coating color additives, making them useful in various applications such as paper processing, paper coating, carpet backing, and non-woven applications. These are some of the factors that are expected to drive the demand for itaconic acid between 2017 and 2022.

Itaconix Corporation (UK), Qingdao Langyatai (China), Zhejiang Guoguang (China), Alpha Chemika (India), Shandong Kaison (China), Jinan Huaming (China), Iwata Chemical (Japan), Aekyung Petrochemical (South Korea), Ronas Chemical (China), and Chengdu Jinkai (China) are some of the leading players operating in the itaconic acid market. These players have been adopting various organic and inorganic growth strategies such as agreements, acquisitions, joint ventures, and expansions to enhance their market shares in the itaconic acid market.

Market Dynamics

Drivers

  • Increasing Demand for Bio-Based Unsaturated Polyester Resin
  • Environment-Friendly and Non-Toxic Properties

Restraints

  • Availability of Low-Cost Substitutes

Opportunities

  • Technological Advancements in Bio-Based PMMA

Challenges

  • Developing Low-Cost Production Technologies

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Macroeconomic Overview and Key Trends

7 IA Market, by Derivative

8 IA Market, by Application

9 IA Market, by Region

10 Competitive Landscape

11 Company Profiles

  • Aekyung Petrochemical
  • Alpha Chemika
  • Chengdu Jinkai Biology Engineering
  • Citrus Food Additives
  • Itaconix Corporation
  • Iwata Chemical
  • Jinan Huaming Biochemistry
  • Nanjing Huajin Healthcare Biologicals
  • Qingdao Langyatai Group
  • Ronas Chemicals Ind.
  • Shandong Kaison Biochemical
  • Shandong Shunda
  • Shandong Zhongshun Science & Technology Development
  • Ultimate Chem India
  • Zhejiang Guoguang Biochemistry

For more information about this report visit https://www.researchandmarkets.com/research/x2x23r/global_itaconic?w=4

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Rubber Auxiliary Agents