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Fumaric Acid Market Analysis with Ongoing Trends and Growth Forecast 2017-2026
As per research analysis by Fact.MR on fumaric acid market at a global level, it is expected to soar at a high value CAGR of 6.8% throughout the period of assessment (2017-2026).

BriefingWire.com, 6/14/2018 - The rapidly expanding fumaric acid market is the focus of a new report added to the market intelligence repository of Fact.MR. This 170-page broad study is headlined as “Fumaric Acid Market Research Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2026” which noticeably examines the prospects of the global fumaric acid industry till the end of 2022, using the market’s development trajectory in the recent past as the key indicator of actionable insights into the market’s growth pattern. A blend of primary & secondary research has been implemented for offering estimates and forecasts on the concerned market.

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Application of fumaric acid in several end use industries across various applications has been witnessed over the last decade. With growing research and development activities, the scope of application of fumaric acid has gone beyond the main food and beverage industry. It is widely used for cosmetic applications, where it regulates the pH value of various cosmetic products and maintains the acidic nature of the product. This has pushed the sales of fumaric acid at a steady pace in the cosmetic industry, especially in body cleansing lotions. Moreover, another aspect driving the demand for fumaric acid is the growing use of unsaturated polyester resins and paints, in the construction and the automotive industries. Fumaric acid is an essential ingredient in the manufacturing of paints, alkyd resins and unsaturated polyester resins. In food industry, rising use of fumaric acid in bakery products is expected to supplement the growth of the global market. Due to its crystalline nature, colorless and odorless properties, fumaric acid is best suited for bakery products which enhances flavors and supports the preservation of bakery products.

Countries in Asia Pacific Excluding Japan to Showcase High Consumption of Fumaric Acid

Asia Pacific excluding Japan (APEJ) region has presented favorable business opportunities for several companies. Manufacturers are targeting this region owing to its growing attractiveness with respect to demand for food products, beverages, resins, paints and cosmetics. The pharmaceutical and chemical industries have gained high traction in the emerging economies in APEJ. Need for quality maintenance, regulation of pH and controlling reactivity of various medicines and chemicals is expected to push the use of fumaric acid.

View Report@ www.factmr.com/report/526/fumaric-acid-market

 
 
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