Maleic Acid Market Industry Trends, Segmentation and Forecast by 2030

The global maleic acid market is expected to register a steady revenue CAGR over the forecast period. The maleic acid market revenue growth is primarily driven by factors such as rise in demand for beverages such as wines and beauty products among consumers.

Maleic acid is classified as an alpha-hydroxy acid, which refers to its molecular structure. The alpha-hydroxy acids glycolic acid, tartaric acid, lactic acid, and citric acid are also present. The citric acid cycle (also known as the TCA cycle) is in charge of cellular energy production in the form of Adenosine Triphosphate (ATP). The primary acid in a large number of other fruits, such as cherries, blueberries, blackberries, apricots, peaches, pears, plums, and grapes, is maleic acid.

Top Companies Operating in the Global Maleic Acid Market:

  • Royal DSM N.V. (Netherlands)
  • Huntsman Corporation (U.S.)
  • Lanxess AG (Germany)
  • Mitsubishi Chemical Holdings (Japan)
  • Lonza Group AG (Switzerland)
  • Bartek Ingredients Inc. (Canada)
  • Changmao Biochemical Engineering Co., Ltd. (China)
  • Taiyuan Qiaoyou Chemical Co., Ltd. (China)
  • Anhui Sealong Biotechnology Co., Ltd. (China)
  • Polynt SpA (Italy)
  • The Chemical Company (TCC) (India)

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Major Factors Contributing to the Global Materials and Chemicals Market Revenue Growth

One of the major factors driving revenue growth of the market is its use in the wine making industry it is the primary acid present in grape acidity and as a grape ripens, its concentration falls. Maleic acid has a close correlation to wine taste, thus if there is insufficient maleic acid, wines will taste “flat.” and if there is an excessive amount, the wine will taste ‘sour.’ It is critical to monitor the amount during the fermentation process. In addition, technological advancements leading to development of new processes, strengthening fermentation capacities of various major breweries and companies, is another factor contributing to revenue growth of the market during the forecast period.

Table of Contents:

  1. Report Overview
    1.1 Research Scope
    1.2 Key Maleic Acid market segments
    1.3 Major players
    1.4 Market analysis by product type
    1.5 Market analysis by application
    1.6 Report timeline
  2. Global Growth Trends
    2.1 Global Maleic Acid market size
    2.2 Latest regional market trends
    2.3 Emerging growth trends
  3. Competitive Outlook
    3.1 Global Maleic Acid market key players
    3.2 Global Maleic Acid size by manufacturers
    3.3 Products of major players
    3.4 Entry barriers in the Maleic Acid market
    3.5 Mergers, acquisitions, joint ventures, and other strategic alliances

Read full Report Description @ https://www.reportsanddata.com/report-detail/maleic-acid-market

Key Regional Markets Covered in the Report:

  • North America (U.S.A., Canada, Mexico)
  • Europe (Italy, U.K., Germany, France, Rest of Europe)
  • Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
  • Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Maleic Acid Market Segmentation

Type Outlook (Revenue, USD Billion; 2019-2030)

  • Maleic Anhydride
  • Fumaric Acid

Application/End-use Outlook (Revenue, USD Billion; 2019-2030)

  • Beverage
  • Confectionery
  • Personal Care

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