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Get more details @ http://bit.ly/2u5wR9Z <br>Fumaric Acid Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Russia, China, India, Japan, Malaysia, Thailand, Indonesia, Australia, Brazil, Saudi Arabia, UAE, South Africa), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024
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Fumaric Acid Market – Global Industry Analysis Report, Share, Growth, Price Trends and Forecast, 2017 – 2024: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024
Regional Analysis of Fumaric Acid Market: • Considering the regions, Asia Pacific was a noteworthy regional fumaric acid market on the basis of demand in 2016 and is expected to remain the same in the coming few years. In Asia Pacific, China witnessed the largest fumaric acid market demand owing to huge demand from the food & beverages industry and growth of the plastic industry. • Following Asia Pacific is the North America being another considerable regional fumaric acid market and is likely to witness a decline in the demand owing to the stringent government regulations regarding alkyd resin uses. In North America, the U.S. encompasses for the largest market demand for the product. • Europe is also likely to foresee a decline in the regional fumaric acid market demand owing to stagnation and market saturation in the end-use industry. • Due to growing food & beverages industry in the Middle East, fumaric acid market is set to witness a steady growth in the forecast period.
Application Analysis of Fumaric Acid Market: • On the basis of application, the global fumaric acid market is segmented as food & beverages, rosin paper sizes, unsaturated polyester resins (UPR), alkyd resins, and others. • The product is responsible for flavor enhancement, preservation and maintaining the pH level in food and beverages. • The shift in the trend from unhealthy and junk eating to nutritional diet consumption and health consciousness among consumers is likely to influence the food processing industry. • Also, the introduction of wide range of flavors in exotic and ethnic food and beverages will uplift the fumaric acid market in the coming years. • Rosin paper sizes is one of the important segment driving the fumaric acid market.
Competitive Market Share of Fumaric Acid Market: • Prominent players operating in the global fumaric acid market include Fuso Chemicals, Nippon Shokubai, Tianjin Bohai Chemicals, The Chemical Company, Wego Chemicals & Mineral Corp, U.S. Chemicals, Changzhou Yabang Chemical, Xilong Chemical, Thirumalai Chemicals, Dastech International Incorporation, Polynt S.P.A, Prinova, BASF SE, Arkema and Huntsman Corporation to name a few.
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