Global Fumaric Acid Market Size Study & Forecast, by Application (Food & Beverages, Rosin Paper Sizes, Unsaturated Polyester Resins (UPR), Alkyd Resins, Others) and Regional Forecasts 2022-2032

The Global Fumaric Acid Market, valued at approximately USD 585.08 billion in 2024, is set to expand at a CAGR of 4.20% throughout the forecast period of 2025-2035. Fumaric acid, a versatile organic compound used extensively across manufacturing, food processing, and industrial chemical synthesis, has increasingly positioned itself as a backbone ingredient in numerous value chains. Its role extends from enhancing the texture and shelf life of packaged foods to strengthening the mechanical properties of resin formulations applied in the construction, automotive, and marine sectors. As global industries transition toward high-performance materials and more efficient food additives, the demand for fumaric acid continues to gain traction, propelled by rising consumption patterns, advancements in polymer technology, and rapid industrial modernization across developing regions.

The market has been further stimulated as producers scale up operations to meet the surging need for fumaric acid within both food-related and industrial systems. In particular, the food & beverage segment has embraced fumaric acid for its potent acidity regulation and preservation functions, which significantly contribute to product quality and flavor accuracy. Meanwhile, industrial usage-especially within unsaturated polyester resins (UPR)-is undergoing substantial innovation as companies push for lightweight, durable, and energy-efficient composite materials. Although fluctuating raw material costs and the growing appeal of natural additives may create occasional hurdles, the rise of bio-based fumaric acid and advancements in catalytic production technologies are setting the stage for strong, long-term market opportunities.

The detailed segments and sub-segments included in the report are:

By Application:

• Food & Beverages
• Rosin Paper Sizes
• Unsaturated Polyester Resins (UPR)
• Alkyd Resins
• Others

By Region:

North America

• U.S.
• Canada

Europe

• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe

Asia Pacific

• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific

Latin America

• Brazil
• Mexico

Middle East & Africa

• UAE
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

Food & Beverages is expected to dominate the market as manufacturers increasingly incorporate fumaric acid to boost texture stability, refine flavor balance, and significantly prolong shelf life. Its strong acidity control and multifunctional properties have cemented its role as an indispensable food additive for processors aiming to elevate their product portfolios. While this segment maintains the lion's share of the market, industrial applications-particularly within the UPR segment-are emerging as a powerful catalyst for future growth. UPR's accelerated adoption across global composite manufacturing continues to push demand upward. Though Food & Beverages secures the leading position, UPR is projected to witness the most rapid expansion as enterprises pursue enhanced resin durability, structural integrity, and performance efficiency.

Unsaturated Polyester Resins (UPR) currently lead in revenue contribution due to their broad applicability in reinforced plastics, construction materials, automotive components, and fiberglass solutions. Fumaric acid plays a critical role in refining resin polymerization, improving mechanical strength, and enhancing resistance to environmental degradation. Meanwhile, Food & Beverages-fuelled by health-conscious consumers and expanding packaged food categories-emerges as the segment with the widest market coverage. This creates a nuanced dual dynamic: the UPR segment is the highest revenue generator, whereas Food & Beverages retains the strongest market presence owing to its regulatory support, broad usage range, and consistent consumption trends.

The regional landscape of the Global Fumaric Acid Market highlights Asia Pacific as a major growth engine throughout the forecast period. Countries such as China, India, Japan, and South Korea are experiencing rapid industrial expansion, robust food processing sector advancements, and accelerating investments in composite material production. These dynamics continue to elevate the region's demand for fumaric acid across diverse applications. North America commanded a substantial market share in 2024, supported by its strong resin manufacturing ecosystem, consumer-driven demand for enhanced packaged foods, and widespread adoption of advanced production technologies. Europe also contributes significantly, leveraging its mature chemical manufacturing sector, stringent quality standards, and expanding preference for sustainable and bio-based products. Meanwhile, Latin America and the Middle East & Africa are steadily strengthening their market presence through increased industrial diversification and growing food manufacturing capacities.

Major market players included in this report are:

• BASF SE
• Huntsman Corporation
• Fuso Chemical Co. Ltd.
• Polynt Group
• Thirumalai Chemicals Ltd.
• Nippon Shokubai Co., Ltd.
• Celanese Corporation
• Merck KGaA
• Bartek Ingredients Inc.
• Tianjin Bohai Chemical Industry Group
• LANXESS AG
• Zhejiang Chemicals Import & Export Corporation
• Yantai Hengyuan Bioengineering Co. Ltd.
• Anhui Sunsing Chemicals Co. Ltd.
• China National Bluestar (Group) Co. Ltd.

Global Fumaric Acid Market Report Scope:

• Historical Data - 2023, 2024
• Base Year for Estimation - 2024
• Forecast period - 2025-2035
• Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
• Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
• Customization Scope - Free report customization (equivalent to up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments and countries for recent years and to forecast values for the upcoming years. The report is designed to integrate both qualitative and quantitative aspects of the industry across participating regions. Furthermore, it provides clarity regarding the driving factors that underpin market progress, along with challenges that may impede advancement. It identifies potential growth opportunities within micro-markets and provides in-depth competitive landscape insights accompanied by detailed product and strategy analyses of key players. The detailed segments and sub-segments of the market are explained below:

Key Takeaways:

• Market Estimates & Forecast for 10 years from 2025 to 2035.
• Annualized revenues and regional-level analysis for each market segment.
• Detailed analysis of the geographical landscape with country-level evaluation of major regions.
• Competitive landscape detailing insights on major market players.
• Analysis of leading business strategies with guidance on future market direction.
• Thorough evaluation of the industry's competitive structure.
• Comprehensive demand-side and supply-side market assessment.