Malonic Acid Market Scope
Malonic acid is a dicarboxylic acid with the IUPAC name propanedioic acid and the chemical formula C3H4O4. Dicarboxylic acid is an organic compound that generally shows similar chemical behavior and reactivity to monocarboxylic acids. Malonic acid is generally found in several naturally occurring fruits. Malonic acid is also produced by the fermentation of glucose. Malonic acid is used in the flavors and fragrance industry, pharmaceutical industry as well as used to control acidity.
The Malonic Acid market study is segmented by Type (Pharmaceutical Grade and Technical Grade) and major geographies with country level break-up.
Global Malonic Acid is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching New Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Lygos, Inc. (United States), MedicalChem (Yancheng) Manufacturing Co., Ltd (China), Hefei TNJ Chemical Industry Co. Ltd (China), Wuhan Kemi-Works Chemical Co., Ltd. (China), Shanghai Nanxiang Reagent Co., Ltd. (China), Columbus Chemical Industries, Inc. (United States), Lonza (Switzerland), Trace Zero (United States), Tateyama Kasei (Japan) and Shilpa Chemspec International Pvt. Ltd. (India) are some of the key players that are part of study coverage.
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Malonic Acid market by Type, Application and Region.
On the basis of geography, the market of Malonic Acid has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On 15th January 2020, Lygos announce the acquisition of Librede to enhance the development of high-quality, sustainable, and rare cannabinoid production for customers, nutraceutical, and pharmaceutical products. Librede has always focused on the research and development of cannabinoids.
On 26th August 2020, Lygos, Inc. announces the launch of Lygos CBx. Lygos CBx offers bio-based production platform features that ensure pure, consistent, and replicable ingredients over time. Lygos CBx focused on the low-cost, industrial-scale production of a wide range of high-quality, pure and sustainable cannabinoids.
- Increasing Consumer Preference towards Consumption of Healthy Diet
- Rising Malonic Acid Demand from Pharmaceutical Industry
- Increasing Applications of Malonic Acid in Polymers and Polyester
- Introduction of New Flavours and Fragrance create Opportunities for the Malonic Acid Market Growth
- Inhalation of the Malonic Acid Can Cause Irritation to the Respiratory Tracks
- Malonic Acid is Harmful to the Skin which causes Skin Irritation and Damage Mucous Membrane
- Stringent Regulatory Guidelines on the Applications of Chemical Substance
Key Target AudienceMalonic Acid Manufacturers, Malonic Acid Distributors and Suppliers, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
Frequently Asked Questions (FAQ):
1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Malonic Acid Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.