About Malonic Acid
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.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
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. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
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.
Segmentation Overview
AMA Research has segmented the market of Global Malonic Acid market by Type (Pharmaceutical Grade and Technical Grade) 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). If we see Market by Sales, the sub-segment i.e. Online will boost the Malonic Acid market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-Use Industry, the sub-segment i.e. Pharmaceutical will boost the Malonic Acid market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Consumer Preference towards Consumption of Healthy Diet
Market Growth Drivers:
Rising Malonic Acid Demand from Pharmaceutical Industry and Increasing Applications of Malonic Acid in Polymers and Polyester
Challenges:
Stringent Regulatory Guidelines on the Applications of Chemical Substance
Restraints:
Inhalation of the Malonic Acid Can Cause Irritation to the Respiratory Tracks and Malonic Acid is Harmful to the Skin which causes Skin Irritation and Damage Mucous Membrane
Opportunities:
Introduction of New Flavours and Fragrance create Opportunities for the Malonic Acid Market Growth
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.
Key Target Audience
Malonic Acid Manufacturers, Malonic Acid Distributors and Suppliers, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.