The Market Reports

Synopsis
The global market for Fumaric Acid was estimated to be worth US$ 586 million in 2024 and is forecast to a readjusted size of US$ 718 million by 2031 with a CAGR of 3.0% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Fumaric Acid cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Fumaric acid or trans-butenedioic acid is a white crystalline chemical compound. Fumaric acid is used in the manufacture of medicines, drinks, food, animal feed, cleansing agents, unsaturated polyester, alkyd resins, printing inks, and many others.
The global fumaric acid market is experiencing steady growth, driven by its versatile applications across various industries. In the food and beverage sector, fumaric acid serves as an effective acidulant and preservative, enhancing flavor and extending shelf life in products like baked goods, beverages, and confectioneries. Its superior acidifying properties, compared to alternatives like citric acid, make it a preferred choice for manufacturers. The rising demand for processed and convenience foods, especially in emerging economies, further propels market expansion. Additionally, fumaric acid finds applications in the production of unsaturated polyester resins, alkyd resins, and as a pH regulator in cosmetics and personal care products. The pharmaceutical industry also utilizes fumaric acid in the formulation of certain medications, highlighting its multifaceted utility.
Asia-Pacific dominates the fumaric acid market, accounting for a significant share due to rapid industrialization, urbanization, and the growing food processing industry in countries like China and India. The region's expanding middle class and increasing disposable incomes contribute to higher consumption of processed foods, thereby boosting fumaric acid demand. North America and Europe also represent substantial markets, driven by established food and beverage industries and ongoing innovations in product formulations. However, the market faces challenges such as fluctuating raw material prices and stringent environmental regulations, which may impact production costs and market dynamics. Despite these hurdles, the ongoing shift towards sustainable and bio-based products presents new opportunities for market players to innovate and cater to evolving consumer preferences.
This report aims to provide a comprehensive presentation of the global market for Fumaric Acid, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Fumaric Acid by region & country, by Type, and by Application.
The Fumaric Acid market size, estimations, and forecasts are provided in terms of sales volume (MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Fumaric Acid.
Market Segmentation
By Company
Yantai Hengyuan Bioengineering
Bartek Ingredients
Polynt
Thirumalai Chemical
Isegen
Fuso Chemicals
Jiangsu Jiecheng Bioengineering
Changzhou Yabang Chemical
NIPPON SHOKUBAI
Sealong Biotechnology
Changmao Biochemical Engineering
Suzhou Youhe Science and Technology
XST Biological
Segment by Type
Food-Grade
Technical-Grade
Segment by Application
Food & Beverages
Rosin Paper Sizes
Unsaturated Polyester Resin
Alkyd Resins
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Fumaric Acid manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Fumaric Acid in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Fumaric Acid in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index