The Market Reports

Synopsis
The global market for Itaconic Acid was estimated to be worth US$ 130 million in 2024 and is forecast to a readjusted size of US$ 175 million by 2031 with a CAGR of 3.9% during the forecast period 2025-2031.
Itaconic Acid is a naturally occurring unsaturated 5-C dicarboxylic acid which is also known as methylenesuccinic acid or methylenebutanedioic acid
Applications‌
‌Chemical & Materials‌: Used as unsaturated polyester monomer for resins, fibers, rubber, plastics, and carbon fibers‌1
‌Pharma & Cosmetics‌: Applied in anti-inflammatory drugs, antiviral agents, and cosmetic emulsifiers‌.
‌Eco-friendly Tech‌: Agricultural waste fermentation reduces production costs‌23.
‌Price & Technological Trends‌
‌Price Stability‌: Prices in Shandong and Hubei remain steady at ¥10,000–10,500/ton in 2025‌.
‌Tech Advancements‌: Catalytic hydrogenation improves purity; bio-fermentation optimizes raw material use‌.
‌Regional Markets‌
‌China’s Dominance‌: Accounts for >70% of global capacity, with Shandong (Jinan, Weifang) as the production hub‌.
‌Global Demand‌: Europe and Americas import for high-end polymers and pharmaceutical intermediates‌.
‌Future Outlook‌
‌Capacity Expansion‌: Dezhou Huamao Bio plans a new 30,000-ton facility by 2026‌.
‌Sustainability Shift‌: Bio-based itaconic acid R&D accelerates, aligning with carbon neutrality goals‌.
This report aims to provide a comprehensive presentation of the global market for Itaconic Acid, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Itaconic Acid by region & country, by Type, and by Application.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Itaconic Acid cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
The Itaconic Acid market size, estimations, and forecasts are provided in terms of sales volume (Tonne) 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 Itaconic Acid.
Market Segmentation
By Company
Guoguang Biochemistry
Qingdao Kehai Biotechnology
Alpha Chemika
Linghua Group
Jinhao
KAIXIANG
Segment by Type
Synthesis
Fermentation
Segment by Application
Plasticizer
Lubricating Oil Additive
Other
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 Itaconic 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 Itaconic 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 Itaconic 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