The study includes an analysis of the Global North America Muconic Acid Market and key trends to forecast the performance for the coming years from 2020-2027. For the study, the historical years considered are 2017 and 2018, 2019 is the base year, 2020-2027 is the forecast period. This study will help give the reader an extensive idea about the size, share, trends, and growth of the industry in the present and following years..
It is a dicarboxylic acid that is used in the manufacturing of industrially applicable chemicals such as adipic and terephthalic acids, and caprolactam which are used for the production of various products like PET, textiles, carpets, lubricants, plastics and other polymers that are vital raw materials in the production of boxes, cans, pouches, and plastic bottles. Its bio-production is also used in the production of many consumer bio-plastics, which contain nylon 66, polyurethane, and polyethylene terephthalate.
North America Muconic Acid Market: Dynamics
Its application and its derivatives as biomarkers are expected to gain speed during the projected forecast timeline. Alpha-adipic, a derivative, is widely utilized as a biomarker for the treatment of cancer. Biomarkers such as trans-North America Muconic Acid are used in tracing the occurrence of benzene, which causes various health issues by damaging the hematopoietic functions and cells. The manufacturers are also currently witnessing a lot of growth opportunities due to the production of high-grade North America Muconic Acid as a biomarker with the help of technological advancements. It is also used in various applications in industries such as textiles, carpets, and automobiles due to its high strength, supple tactile feeling and high resistance to abrasion. These are some of the factors that will help industry growth.
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Global North America Muconic Acid Market: Competitive Landscape
The sector consists of several local and regional vendors. These companies cater to the needs of all the end-user segments. Major players in the industry compete based on product prices, designs, and the global supply distribution network. The existing established companies and the new entrants form business strategies such as mergers, acquisitions, product launches, joint ventures, and brand promotions to gain a robust footing in the industry. New product research and technology are also adopted by companies to gain a competitive advantage.
Top Companies Profiled in the Report: Myriant, Amyris, Santa Cruz Biotechnology, Sigma-Aldrich Corporation, TCI, Toronto Research Chemicals, Zhongxing Flavors Fragrance, Alfa Aesar, Thermo Fisher Scientific, Dynacare
Major Factors Driving the Global North America Muconic Acid Market Revenue Growth
Revenue growth of the global materials chemicals industry is primarily driven by factors such as rapid industrialization and substantially growing demand for chemicals materials various industries including pharmaceutical, food beverage, oil gas, personal care cosmetics, pulp paper, textile, and manufacturing industries. Growing environmental awareness, increasing use of environmentally sustainable chemicals and raw materials, technological advances in manufacturing techniques, growing use of organic industrial chemicals, and rising need for high-performance specialty chemicals are other factors driving market revenue growth.
Regional Outlook
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- The Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Market Segmentation:
By Type (Revenue in USD Million; Volume in Tons, 2017–2027)
Trans, Trans-North America Muconic Acid
Cis, Cis-North America Muconic Acid
Cis, Trans-North America Muconic Acid
By Application Type (Revenue in USD Million; Volume in Tons, 2017–2027)
Adipic Acid
Scientific Research
Others
Leading Participants
Myriant
Amyris
Santa Cruz Biotechnology
Sigma-Aldrich Corporation
TCI
Toronto Research Chemicals
Zhongxing Flavors Fragrance
Alfa Aesar
Thermo Fisher Scientific
Dynacare
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Table of Contents:
Report Overview
1.1 Research Scope
1.2 Key North America Muconic Acid market segments
1.3 Major players
1.4 Market analysis by product type
1.5 Market analysis by application
1.6 Report timeline
Global Growth Trends
2.1 Global North America Muconic Acid market size
2.2 Latest regional market trends
2.3 Emerging growth trends
Competitive Outlook
3.1 Global North America Muconic Acid market key players
3.2 Global North America Muconic Acid size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the North America Muconic Acid market
3.5 Mergers, acquisitions, joint ventures, and other strategic alliances
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