The maleic acid market refers to the production, distribution, and use of these compounds, which are organic compounds that are dicarboxylic acids, molecules with two carboxyl groups. It is an organic white crystalline solid compound, which is also called cis-butene dioic acid. This organic compound is highly used in vegetable and fruit juices, candies, wines, jams, and carbonated soft drinks to improve their tartness or sweetness. It is used in the cosmetic industry to adjust pH in a low concentration. In the food and beverages industry, it acts as a pH adjuster and an acidulant for extending shelf life and improving flavor, which drives the growth of the maleic acid market.
The challenging factors of these compounds include a lack of research on skin care products and supplements, possible side effects, reduced regional inquiries, weakened purchasing activities, regulatory hurdles, rapid technological changes, and factors that can slow down the growth of the market. The future opportunities of the market include digital transformation, improving operational efficiency, strategic collaborations, and investing in innovative technologies, factors that will help the growth of the maleic acid market. Asia Pacific dominates the growth of the market.
DSM, Huntsman, Lanxess, Mitsubishi Chemical, Mitsui Chemicals, Lonza, Bartek Ingredients, Changmao Biochemical Engineering Company, Fuso Chemical, Isegen South Africa, Miles Chemical, Taiyuan Qiaoyou Chemical, Anhui Sealong Biotechnology, Thirumalai Chemicals, Yongsan Chemicals, Polynt SpA, Prinova, Wego Chemical & Mineral, U.S. Chemicals, The Chemical Company(TCC)
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By Application
Published by Saurabh Bidwai
