Global Itaconic Acid Market 2018 Forecast to 2022 by Derivative and Application – Market to Reach $102.3 Million – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–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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