Global Muconic Acid Market Growth 2023-2029

Global Muconic Acid Market Growth 2023-2029

Product Code:449539

Published Date: Feb 08,2023

Pages: 90

Region: Global

Category: Chemical & Material

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Muconic acid is a dicarboxylic acid; it is a chemical compound that contains two carboxylic functional groups and is denoted in organic chemistry as -COOH. This carboxylic compound may be either aliphatic or aromatic. Dicarboxylic acid shows reactive behavior to monocarboxylic acid. Muconic acid is produced by the enzymatic degradation of certain aromatic chemical compounds. Muconic acid derivatives are used to manufacture a variety of products such as plastics, lubricants, carpets, and textiles.

LPI (LP Information)' newest research report, the “Muconic Acid Industry Forecast” looks at past sales and reviews total world Muconic Acid sales in 2022, providing a comprehensive analysis by region and market sector of projected Muconic Acid sales for 2023 through 2029. With Muconic Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Muconic Acid industry.

This Insight Report provides a comprehensive analysis of the global Muconic Acid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Muconic Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Muconic Acid market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Muconic Acid and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Muconic Acid.

The global Muconic Acid market size is projected to grow from US$ 38 million in 2022 to US$ 47 million in 2029; it is expected to grow at a CAGR of 47 from 2023 to 2029.

Myriant, Amyris and Santa Cruz Biotechnology are the leaders of the Muconic Acid industry, which take about 55% market share. North America is the major region of the global market, which takes about 50% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Muconic Acid market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Trans, trans-Muconic Acid
    Cis, trans-Muconic Acid
    Cis, cis-Muconic Acid

Segmentation by application
    Adipic Acid
    Scientific Research
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Myriant
    Amyris
    Santa Cruz Biotechnology
    Sigma-Aldrich Corporation
    TCI
    Toronto Research Chemicals
    Thermo Fisher Scientific
    Dynacare

Key Questions Addressed in this Report
What is the 10-year outlook for the global Muconic Acid market?
What factors are driving Muconic Acid market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Muconic Acid market opportunities vary by end market size?
How does Muconic Acid break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?