PUBLISHER: QYResearch | PRODUCT CODE: 1321001
PUBLISHER: QYResearch | PRODUCT CODE: 1321001
Due to the COVID-19 pandemic, the global Muconic Acid market size was US$ 86.15 million in 2022 and is forecast to a readjusted size of US$ 117.85 million by 2029 with a CAGR of 4.75% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Trans, trans-Muconic Acid accounting for 52.77% of the Muconic Acid global market in 2022, is projected to value US$ 59.31 million by 2029, growing at a revised 3.95% CAGR from 2023 to 2029. While Adipic Acid segment is altered to an 5.90% CAGR throughout this forecast period.
The United States Muconic Acid sales market size was 1,594.3 Kg in 2022, while China was 911.2 Kg. The proportion of the United States was 34.12% in 2022, while Chinese percentage was 19.50%, and it is predicted that China share will reach 24.17% in 2029, trailing a CAGR of 9.60% through the analysis period.
The global key manufacturers of Muconic Acid include Amyris, Santa Cruz Biotechnology, TCI, Toronto Research Chemicals, PTT Global, and etc. In 2022, the global top five players occupied for a share approximately 47.37% in terms of revenue.
The global Muconic Acid market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Muconic Acid market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2018-2029.